FitTech CoTPE:6706 +2.53%47 Gross Margin % is 6.83% as of Dec. 2025, which is 79% below its 10-year median of 32.85. GuruFocus rates TPE:6706 with a GF Score™ of 47/100 and a GF Value™ of NT$44.46 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,993 Industrial Products companies, FitTech Co ranks worse than 79.82% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. FitTech Co's Gross Profit for the
three
months ended in Dec. 2025 was NT$8.1 Mil. FitTech Co's Revenue for the
three
months ended in Dec. 2025 was NT$118.0 Mil. Therefore, FitTech Co's Gross Margin % for the quarter that ended in Dec. 2025 was 6.83%.
Warning Sign:
FitTech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -25%.
The historical rank and industry rank for FitTech Co's Gross Margin % or its related term are showing as below:
TPE:6706'
s Gross Margin % Range Over the Past 10 Years
Min: 7.6 Med: 32.85 Max: 46.78
Current: 15.24
During the past 12 years, the highestGross Margin % of FitTech Co was 46.78%. The lowest was 7.60%. And the median was 32.85%.
TPE:6706's Gross Margin % is ranked worse than 79.82% of 2993
companies
in the Industrial Products industry
Industry Median: 26.83
vs TPE:6706: 15.24
FitTech Co had a gross margin of 6.83% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for FitTech Co was -25.00% per year.
FitTech Co (TPE:6706) 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
FitTech Co had a gross margin of 6.83% 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.
FitTech Co Gross Margin % Related Terms
FitTech Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for FitTech 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:6706 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, FitTech 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.
FitTech Co Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FitTech Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FitTech 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.
FitTech Co (TPE:6706) has a Gross Margin % of 6.83% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on FitTech Co and its competitors. This is 79% below median its historical median of 32.85. Over the past decade, FitTech Co's Gross Margin % has ranged from 7.60 to 46.78. According to the industry distribution chart, FitTech Co ranks #2389 out of 2993 companies in the Industrial Products industry, placing it in the top 79.8%.
Is FitTech Co's Gross Margin % too high?
FitTech Co's current Gross Margin % of 6.83% is 79% below median its 10-year median of 32.85. Over the past 10 years, this metric has ranged from a low of 7.60 to a high of 46.78. The Industrial Products industry median Gross Margin % is 26.83. FitTech Co's value of 6.83% is 74.5% below this industry median. Based on the distribution chart, FitTech Co ranks #2389 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FitTech Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FitTech Co's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FitTech Co ranks #2389 out of 2993 companies for Gross Margin %. This places FitTech Co in the lower half of its industry. The industry median Gross Margin % is 26.83. FitTech Co's value of 6.83% is 74.5% below this benchmark. Historically, FitTech Co's own Gross Margin % has ranged from 7.60 to 46.78 over the past decade. While the company's 10-year median is 32.85 vs. the industry median of 26.83, FitTech 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.83, based on 2,993 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. FitTech Co's current Gross Margin % of 6.83% is 74.5% 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 FitTech Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FitTech Co's current Gross Margin % is 6.83%, which is 79% below median its own 10-year median of 32.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitTech Co stock overvalued right now?
Based on GuruFocus' analysis, FitTech Co (TPE:6706) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.46, compared to a current price of NT$142.00 — trading 219.4% above its estimated fair value. The current Gross Margin % is 6.83%, which is 79% below median its 10-year median of 32.85 and 74.5% below the Industrial Products industry median of 26.83. FitTech Co's overall GF Score™ is 47/100 with 9 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 FitTech Co (TPE:6706), the current Gross Margin % is 6.83% 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 FitTech Co (TPE:6706) Overvalued in 2026?
Based on GuruFocus' analysis, FitTech Co stock appears to be overvalued.
The current stock price of NT$142.00 is trading 219.4% above its estimated GF Value™ of NT$44.46.
GuruFocus considers FitTech Co to be Significantly Overvalued.
Key valuation signals for TPE:6706:
Gross Margin %: 6.83% (79% below median its 10-year median of 32.85)
GF Value™: NT$44.46 vs. price of NT$142.00 (219.4% above fair value)
Industry Position: 74.5% below the Industrial Products median (#2389 of 2993)
No single metric tells the full story. See the TPE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FitTech Co Ltd mainly engages in the manufacture and wholesale of machinery equipment, general instruments, optical instruments, other optical and precision machinery, industry of intellectual property rights, information software services, research and development services, and international trade. The Group is mainly engaged in R&D, production, and sales of optics testing equipment, laser machining equipment, and OEM optics testing. Products and solutions are LED/MiniLED Test Solutions, MicroLED Test and Transfer Solution, Micro LED solutions, Laser Micromachining Solutions, and others. Its products and service revenue are sales of machines, OEM, and others. It generates maximum revenue from Asia.
47GF 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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