Keding Enterprise Co (TPE:6655) Gross Margin %: 51.82% (As of Dec. 2025) — Near Median


TPE:6655 Keding Enterprise Co Ltd TPE:6655
76 GF Score
Price NT$118.00
GF Value NT$131.16
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Keding Enterprise Co Gross Margin %?

Keding Enterprise Co TPE:6655 -4.07% 76 Gross Margin % is 51.82% as of Dec. 2025, which is 2% above its 10-year median of 51.02. GuruFocus rates TPE:6655 with a GF Score™ of 76/100 and a GF Value™ of NT$131.16 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 279 Forest Products companies, Keding Enterprise Co ranks better than 92.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Keding Enterprise Co's Gross Profit for the three months ended in Dec. 2025 was NT$378 Mil. Keding Enterprise Co's Revenue for the three months ended in Dec. 2025 was NT$729 Mil. Therefore, Keding Enterprise Co's Gross Margin % for the quarter that ended in Dec. 2025 was 51.82%.


The historical rank and industry rank for Keding Enterprise Co's Gross Margin % or its related term are showing as below:

TPE:6655' s Gross Margin % Range Over the Past 10 Years
Min: 46.48   Med: 51.02   Max: 56.22
Current: 49.9


During the past 12 years, the highest Gross Margin % of Keding Enterprise Co was 56.22%. The lowest was 46.48%. And the median was 51.02%.

TPE:6655's Gross Margin % is ranked better than
92.47% of 279 companies
in the Forest Products industry
Industry Median: 19.05 vs TPE:6655: 49.90

Keding Enterprise Co had a gross margin of 51.82% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Keding Enterprise Co was -0.90% per year.


Keding Enterprise Co  (TPE:6655) 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

Keding Enterprise Co had a gross margin of 51.82% 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.


Keding Enterprise Co Gross Margin % Related Terms


Keding Enterprise Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Keding Enterprise 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.

Keding Enterprise Co Gross Margin % Chart

Keding Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.22 50.06 46.48 51.98 49.90

Keding Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.59 50.87 50.30 46.67 51.82

TPE:6655 vs SSD, UFPI, BCC: Gross Margin % Comparison

For the Lumber & Wood Production subindustry, Keding Enterprise 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.


Keding Enterprise Co Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Keding Enterprise Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keding Enterprise Co's Gross Margin % falls into.


TPE:6655
76GF Score
Keding Enterprise Co Ltd TPE:6655
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keding Enterprise Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Keding Enterprise Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1297.3 / 2599.891
=(Revenue - Cost of Goods Sold) / Revenue
=(2599.891 - 1302.634) / 2599.891
=49.90 %

Keding Enterprise Co's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=377.7 / 728.981
=(Revenue - Cost of Goods Sold) / Revenue
=(728.981 - 351.247) / 728.981
=51.82 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 51.82% mean?
Keding Enterprise Co (TPE:6655) has a Gross Margin % of 51.82% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Keding Enterprise Co and its competitors. This is near median its historical median of 51.02. Over the past decade, Keding Enterprise Co's Gross Margin % has ranged from 46.48 to 56.22. According to the industry distribution chart, Keding Enterprise Co ranks #21 out of 279 companies in the Forest Products industry, placing it in the top 7.5%.
Is Keding Enterprise Co's Gross Margin % too high?
Keding Enterprise Co's current Gross Margin % of 51.82% is near median its 10-year median of 51.02. Over the past 10 years, this metric has ranged from a low of 46.48 to a high of 56.22. The Forest Products industry median Gross Margin % is 19.05. Keding Enterprise Co's value of 51.82% is 172% above this industry median. Based on the distribution chart, Keding Enterprise Co ranks #21 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Keding Enterprise Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keding Enterprise Co's Gross Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Keding Enterprise Co ranks #21 out of 279 companies for Gross Margin %. This places Keding Enterprise Co in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.05. Keding Enterprise Co's value of 51.82% is 172% above this benchmark. Historically, Keding Enterprise Co's own Gross Margin % has ranged from 46.48 to 56.22 over the past decade. While the company's 10-year median is 51.02 vs. the industry median of 19.05, Keding Enterprise 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 19.05, based on 279 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. Keding Enterprise Co's current Gross Margin % of 51.82% is 172% 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 Keding Enterprise Co and its competitors. For the Forest Products industry, the median Gross Margin % is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keding Enterprise Co's current Gross Margin % is 51.82%, which is near median its own 10-year median of 51.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keding Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Keding Enterprise Co (TPE:6655) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$131.16, compared to a current price of NT$118.00 — trading 10% below its estimated fair value. The current Gross Margin % is 51.82%, which is near median its 10-year median of 51.02 and 172% above the Forest Products industry median of 19.05. Keding Enterprise Co's overall GF Score™ is 76/100 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 Keding Enterprise Co (TPE:6655), the current Gross Margin % is 51.82% 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 Keding Enterprise Co (TPE:6655) Overvalued in 2026?

Based on GuruFocus' analysis, Keding Enterprise Co stock appears to be undervalued. The current stock price of NT$118.00 is trading 10% below its estimated GF Value™ of NT$131.16. GuruFocus considers Keding Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:6655:

  • Gross Margin %: 51.82% (near median its 10-year median of 51.02)
  • GF Value™: NT$131.16 vs. price of NT$118.00 (10% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 172% above the Forest Products median (#21 of 279)

No single metric tells the full story. See the TPE:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keding Enterprise Co Business Description

Address Fuhui Road, 15th Floor, No. 268, Xinzhuang District, New Taipei City, TWN, 241
Keding Enterprise Co Ltd is mainly engaged in the manufacture and sale of prefinished veneered panels, eco panels, wooden flooring, and other wooden products. In addition, it is also involved in the wholesale of timber products. The company offers products such as KD panels, KD floorings, ECO panels, ECO laminates, and others.
76GF Score

Get the complete analysis for TPE:6655

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$118.00
Price
NT$131.16
GF Value