Taiwan Steel Union CoTPE:6581 -0.47%87 Gross Margin % is 51.57% as of Dec. 2025, which is 4% below its 10-year median of 53.85. GuruFocus rates TPE:6581 with a GF Score™ of 87/100 and a GF Value™ of NT$96.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 234 Waste Management companies, Taiwan Steel Union Co ranks better than 83.76% on this metric.
TPE:6581's Gross Margin % is ranked better than 83.76% of 234
companies
in the Waste Management industry
Industry Median: 27.35
vs TPE:6581: 51.03
Taiwan Steel Union Co had a gross margin of 51.57% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Taiwan Steel Union Co was 0.60% per year.
Taiwan Steel Union Co (TPE:6581) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Taiwan Steel Union Co had a gross margin of 51.57% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Taiwan Steel Union Co Gross Margin % Related Terms
Taiwan Steel Union Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Taiwan Steel Union Co's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TPE:6581 vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Taiwan Steel Union Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Taiwan Steel Union Co Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Taiwan Steel Union Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Taiwan Steel Union Co's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Taiwan Steel Union Co (TPE:6581) has a Gross Margin % of 51.57% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Taiwan Steel Union Co and its competitors. This is near median its historical median of 53.85. Over the past decade, Taiwan Steel Union Co's Gross Margin % has ranged from 42.80 to 59.74. According to the industry distribution chart, Taiwan Steel Union Co ranks #38 out of 234 companies in the Waste Management industry, placing it in the top 16.2%.
Is Taiwan Steel Union Co's Gross Margin % too high?
Taiwan Steel Union Co's current Gross Margin % of 51.57% is near median its 10-year median of 53.85. Over the past 10 years, this metric has ranged from a low of 42.80 to a high of 59.74. The Waste Management industry median Gross Margin % is 27.35. Taiwan Steel Union Co's value of 51.57% is 88.6% above this industry median. Based on the distribution chart, Taiwan Steel Union Co ranks #38 out of 234 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Steel Union Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Steel Union Co's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Taiwan Steel Union Co ranks #38 out of 234 companies for Gross Margin %. This places Taiwan Steel Union Co in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 27.35. Taiwan Steel Union Co's value of 51.57% is 88.6% above this benchmark. Historically, Taiwan Steel Union Co's own Gross Margin % has ranged from 42.80 to 59.74 over the past decade. While the company's 10-year median is 53.85 vs. the industry median of 27.35, Taiwan Steel Union Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 234 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Steel Union Co's current Gross Margin % of 51.57% is 88.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Taiwan Steel Union Co and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Steel Union Co's current Gross Margin % is 51.57%, which is near median its own 10-year median of 53.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Steel Union Co (TPE:6581) is currently considered Fairly Valued. The stock's GF Value™ is NT$96.94, compared to a current price of NT$106.50 — trading 9.9% above its estimated fair value. The current Gross Margin % is 51.57%, which is near median its 10-year median of 53.85 and 88.6% above the Waste Management industry median of 27.35. Taiwan Steel Union Co's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Taiwan Steel Union Co (TPE:6581), the current Gross Margin % is 51.57% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Taiwan Steel Union Co (TPE:6581) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Steel Union Co stock appears to be overvalued.
The current stock price of NT$106.50 is trading 9.9% above its estimated GF Value™ of NT$96.94.
GuruFocus considers Taiwan Steel Union Co to be Fairly Valued.
Key valuation signals for TPE:6581:
Gross Margin %: 51.57% (near median its 10-year median of 53.85)
GF Value™: NT$96.94 vs. price of NT$106.50 (9.9% above fair value)
Industry Position: 88.6% above the Waste Management median (#38 of 234)
No single metric tells the full story. See the TPE:6581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Steel Union Co Ltd is a Taiwan-based waste management company. The company's main business is to dispose and reuse general industrial waste and hazardous industrial waste, as well as manufacture and trade non-ferrous metal (zinc oxide) and non-metallic mineral products.
87GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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