Sun Max TechTPE:6591 -0.19%82 Gross Margin % is 26.98% as of Dec. 2025, which is 9% below its 10-year median of 29.63. GuruFocus rates TPE:6591 with a GF Score™ of 82/100 and a GF Value™ of NT$63.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,454 Hardware companies, Sun Max Tech ranks better than 67.32% on this metric.
Sun Max Tech Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.
The historical rank and industry rank for Sun Max Tech's Gross Margin % or its related term are showing as below:
TPE:6591'
s Gross Margin % Range Over the Past 10 Years
Min: 19.78 Med: 29.63 Max: 33.8
Current: 33.68
During the past 13 years, the highestGross Margin % of Sun Max Tech was 33.80%. The lowest was 19.78%. And the median was 29.63%.
TPE:6591's Gross Margin % is ranked better than 67.32% of 2454
companies
in the Hardware industry
Industry Median: 24.565
vs TPE:6591: 33.68
Sun Max Tech had a gross margin of 26.98% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Sun Max Tech was -1.70% per year.
Sun Max Tech (TPE:6591) 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
Sun Max Tech had a gross margin of 26.98% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Sun Max Tech Gross Margin % Related Terms
Sun Max Tech Gross Margin % Historical Data
* Premium members only.
The historical data trend for Sun Max Tech'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:6591 vs SNDK, DELL, STX: Gross Margin % Comparison
For the Computer Hardware subindustry, Sun Max Tech'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.
Sun Max Tech Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Sun Max Tech's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sun Max Tech'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.
Sun Max Tech (TPE:6591) has a Gross Margin % of 26.98% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Sun Max Tech and its competitors. This is near median its historical median of 29.63. Over the past decade, Sun Max Tech's Gross Margin % has ranged from 19.78 to 33.80. According to the industry distribution chart, Sun Max Tech ranks #802 out of 2454 companies in the Hardware industry, placing it in the top 32.7%.
Is Sun Max Tech's Gross Margin % too high?
Sun Max Tech's current Gross Margin % of 26.98% is near median its 10-year median of 29.63. Over the past 10 years, this metric has ranged from a low of 19.78 to a high of 33.80. The Hardware industry median Gross Margin % is 24.57. Sun Max Tech's value of 26.98% is 9.8% above this industry median. Based on the distribution chart, Sun Max Tech ranks #802 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Sun Max Tech has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Sun Max Tech ranks #802 out of 2454 companies for Gross Margin %. This puts Sun Max Tech in the upper half of its industry. The industry median Gross Margin % is 24.57. Sun Max Tech's value of 26.98% is 9.8% above this benchmark. Historically, Sun Max Tech's own Gross Margin % has ranged from 19.78 to 33.80 over the past decade. While the company's 10-year median is 29.63 vs. the industry median of 24.57, Sun Max Tech 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Sun Max Tech's current Gross Margin % of 26.98% is 9.8% 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 Sun Max Tech and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Max Tech's current Gross Margin % is 26.98%, which is near median its own 10-year median of 29.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.36, compared to a current price of NT$52.90 — trading 16.5% below its estimated fair value. The current Gross Margin % is 26.98%, which is near median its 10-year median of 29.63 and 9.8% above the Hardware industry median of 24.57. Sun Max Tech's overall GF Score™ is 82/100 with 7 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 Sun Max Tech (TPE:6591), the current Gross Margin % is 26.98% 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 Sun Max Tech (TPE:6591) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued.
The current stock price of NT$52.90 is trading 16.5% below its estimated GF Value™ of NT$63.36.
GuruFocus considers Sun Max Tech to be Modestly Undervalued.
Key valuation signals for TPE:6591:
Gross Margin %: 26.98% (near median its 10-year median of 29.63)
GF Value™: NT$63.36 vs. price of NT$52.90 (16.5% below fair value)
Industry Position: 9.8% above the Hardware median (#802 of 2454)
No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
82GF 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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