Finemat Applied Materials Co (TPE:6698) Gross Margin %: 17.42% (As of Dec. 2025) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6698 Finemat Applied Materials Co Ltd TPE:6698
78 GF Score
Price NT$39.90
GF Value NT$36.27
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Finemat Applied Materials Co Gross Margin %?

Finemat Applied Materials Co TPE:6698 -0.37% 78 Gross Margin % is 17.42% as of Dec. 2025, which is 42% below its 10-year median of 30.15. GuruFocus rates TPE:6698 with a GF Score™ of 78/100 and a GF Value™ of NT$36.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,457 Hardware companies, Finemat Applied Materials Co ranks worse than 51.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Finemat Applied Materials Co's Gross Profit for the three months ended in Dec. 2025 was NT$61 Mil. Finemat Applied Materials Co's Revenue for the three months ended in Dec. 2025 was NT$352 Mil. Therefore, Finemat Applied Materials Co's Gross Margin % for the quarter that ended in Dec. 2025 was 17.42%.

Warning Sign:

Finemat Applied Materials Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


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

TPE:6698' s Gross Margin % Range Over the Past 10 Years
Min: 18.48   Med: 30.15   Max: 44.64
Current: 23.85


During the past 11 years, the highest Gross Margin % of Finemat Applied Materials Co was 44.64%. The lowest was 18.48%. And the median was 30.15%.

TPE:6698's Gross Margin % is ranked worse than
51.65% of 2457 companies
in the Hardware industry
Industry Median: 24.54 vs TPE:6698: 23.85

Finemat Applied Materials Co had a gross margin of 17.42% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Finemat Applied Materials Co was -6.40% per year.


Finemat Applied Materials Co  (TPE:6698) 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

Finemat Applied Materials Co had a gross margin of 17.42% for the quarter that ended in Dec. 2025 => No sustainable 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.


Finemat Applied Materials Co Gross Margin % Related Terms


Finemat Applied Materials Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Finemat Applied Materials 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.

Finemat Applied Materials Co Gross Margin % Chart

Finemat Applied Materials 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 33.46 25.68 18.48 27.24 23.85

Finemat Applied Materials 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 36.19 26.86 29.84 24.18 17.42

TPE:6698 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Finemat Applied Materials 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.


Finemat Applied Materials Co Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Finemat Applied Materials Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Finemat Applied Materials Co's Gross Margin % falls into.


TPE:6698
78GF Score
Finemat Applied Materials Co Ltd TPE:6698
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finemat Applied Materials Co Gross Margin % Calculation

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

Finemat Applied Materials 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 )
=275.8 / 1156.656
=(Revenue - Cost of Goods Sold) / Revenue
=(1156.656 - 880.807) / 1156.656
=23.85 %

Finemat Applied Materials 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 )
=61.3 / 352.086
=(Revenue - Cost of Goods Sold) / Revenue
=(352.086 - 290.754) / 352.086
=17.42 %

* 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 17.42% mean?
Finemat Applied Materials Co (TPE:6698) has a Gross Margin % of 17.42% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Finemat Applied Materials Co and its competitors. This is 42% below median its historical median of 30.15. Over the past decade, Finemat Applied Materials Co's Gross Margin % has ranged from 18.48 to 44.64. According to the industry distribution chart, Finemat Applied Materials Co ranks #1269 out of 2457 companies in the Hardware industry, placing it in the top 51.6%.
Is Finemat Applied Materials Co's Gross Margin % too high?
Finemat Applied Materials Co's current Gross Margin % of 17.42% is 42% below median its 10-year median of 30.15. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 44.64. The Hardware industry median Gross Margin % is 24.54. Finemat Applied Materials Co's value of 17.42% is 29% below this industry median. Based on the distribution chart, Finemat Applied Materials Co ranks #1269 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, Finemat Applied Materials Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finemat Applied Materials Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Finemat Applied Materials Co ranks #1269 out of 2457 companies for Gross Margin %. This places Finemat Applied Materials Co in the lower half of its industry. The industry median Gross Margin % is 24.54. Finemat Applied Materials Co's value of 17.42% is 29% below this benchmark. Historically, Finemat Applied Materials Co's own Gross Margin % has ranged from 18.48 to 44.64 over the past decade. While the company's 10-year median is 30.15 vs. the industry median of 24.54, Finemat Applied Materials Co has consistently been below 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 24.54, based on 2,457 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. Finemat Applied Materials Co's current Gross Margin % of 17.42% is 29% below 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 Finemat Applied Materials Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finemat Applied Materials Co's current Gross Margin % is 17.42%, which is 42% below median its own 10-year median of 30.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finemat Applied Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Finemat Applied Materials Co (TPE:6698) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.27, compared to a current price of NT$39.90 — trading 10% above its estimated fair value. The current Gross Margin % is 17.42%, which is 42% below median its 10-year median of 30.15 and 29% below the Hardware industry median of 24.54. Finemat Applied Materials Co's overall GF Score™ is 78/100 with 4 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 Finemat Applied Materials Co (TPE:6698), the current Gross Margin % is 17.42% 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 Finemat Applied Materials Co (TPE:6698) Overvalued in 2026?

Based on GuruFocus' analysis, Finemat Applied Materials Co stock appears to be overvalued. The current stock price of NT$39.90 is trading 10% above its estimated GF Value™ of NT$36.27. GuruFocus considers Finemat Applied Materials Co to be Fairly Valued.

Key valuation signals for TPE:6698:

  • Gross Margin %: 17.42% (42% below median its 10-year median of 30.15)
  • GF Value™: NT$36.27 vs. price of NT$39.90 (10% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 29% below the Hardware median (#1269 of 2457)

No single metric tells the full story. See the TPE:6698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Finemat Applied Materials Co Business Description

Address No. 36, Gongye 1st Road, Annan District, Tainan, Taiwan, TWN
Finemat Applied Materials Co Ltd is engaged in manufacture of electronic components and computers and its peripherals. Products offered by the company include the display of special high-precision metal mask, Speaker mesh, SMTmask, Encoder, jigs, and etched products, Metal Mask stretching services for displays, metal mask production and stretching services for flexible OLED displays, recycle and cleaning services for OLED and semiconductor components, various precision-etched application products, full-size precision frame manufacturing, and other related products.
78GF Score

Get the complete analysis for TPE:6698

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

NT$39.90
Price
NT$36.27
GF Value