FY Group (TPE:6807) Gross Margin %: 18.39% (As of Dec. 2025) — Near Median


TPE:6807 FY Group Ltd TPE:6807
63 GF Score
Price NT$33.35
GF Value NT$42.39
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FY Group Gross Margin %?

FY Group TPE:6807 +0.30% 63 Gross Margin % is 18.39% as of Dec. 2025, which is 1% below its 10-year median of 18.53. GuruFocus rates TPE:6807 with a GF Score™ of 63/100 and a GF Value™ of NT$42.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, FY Group ranks worse than 77.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. FY Group's Gross Profit for the three months ended in Dec. 2025 was NT$196 Mil. FY Group's Revenue for the three months ended in Dec. 2025 was NT$1,066 Mil. Therefore, FY Group's Gross Margin % for the quarter that ended in Dec. 2025 was 18.39%.

Warning Sign:

FY Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

TPE:6807' s Gross Margin % Range Over the Past 10 Years
Min: 16.13   Med: 18.53   Max: 21.25
Current: 18.53


During the past 7 years, the highest Gross Margin % of FY Group was 21.25%. The lowest was 16.13%. And the median was 18.53%.

TPE:6807's Gross Margin % is ranked worse than
77.59% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.36 vs TPE:6807: 18.53

FY Group had a gross margin of 18.39% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FY Group was -2.10% per year.


FY Group  (TPE:6807) 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

FY Group had a gross margin of 18.39% 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.


FY Group Gross Margin % Related Terms


FY Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for FY Group'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.

FY Group Gross Margin % Chart

FY Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 19.55 16.13 18.34 18.49 18.53

FY Group 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 18.20 18.11 19.24 18.45 18.39

TPE:6807 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, FY Group'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.


FY Group Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FY Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FY Group's Gross Margin % falls into.


TPE:6807
63GF Score
FY Group Ltd TPE:6807
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FY Group Gross Margin % Calculation

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

FY Group'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 )
=790.2 / 4263.406
=(Revenue - Cost of Goods Sold) / Revenue
=(4263.406 - 3473.216) / 4263.406
=18.53 %

FY Group'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 )
=196 / 1066.03
=(Revenue - Cost of Goods Sold) / Revenue
=(1066.03 - 870.019) / 1066.03
=18.39 %

* 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 18.39% mean?
FY Group (TPE:6807) has a Gross Margin % of 18.39% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on FY Group and its competitors. This is near median its historical median of 18.53. Over the past decade, FY Group's Gross Margin % has ranged from 16.13 to 21.25. According to the industry distribution chart, FY Group ranks #322 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 77.6%.
Is FY Group's Gross Margin % too high?
FY Group's current Gross Margin % of 18.39% is near median its 10-year median of 18.53. Over the past 10 years, this metric has ranged from a low of 16.13 to a high of 21.25. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.36. FY Group's value of 18.39% is 37.4% below this industry median. Based on the distribution chart, FY Group ranks #322 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, FY Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FY Group's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, FY Group ranks #322 out of 415 companies for Gross Margin %. This places FY Group in the lower half of its industry. The industry median Gross Margin % is 29.36. FY Group's value of 18.39% is 37.4% below this benchmark. Historically, FY Group's own Gross Margin % has ranged from 16.13 to 21.25 over the past decade. While the company's 10-year median is 18.53 vs. the industry median of 29.36, FY Group 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.36, based on 415 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. FY Group's current Gross Margin % of 18.39% is 37.4% 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 FY Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FY Group's current Gross Margin % is 18.39%, which is near median its own 10-year median of 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FY Group stock overvalued right now?
Based on GuruFocus' analysis, FY Group (TPE:6807) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.39, compared to a current price of NT$33.35 — trading 21.3% below its estimated fair value. The current Gross Margin % is 18.39%, which is near median its 10-year median of 18.53 and 37.4% below the Furnishings, Fixtures & Appliances industry median of 29.36. FY Group's overall GF Score™ is 63/100 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 FY Group (TPE:6807), the current Gross Margin % is 18.39% 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 FY Group (TPE:6807) Overvalued in 2026?

Based on GuruFocus' analysis, FY Group stock appears to be undervalued. The current stock price of NT$33.35 is trading 21.3% below its estimated GF Value™ of NT$42.39. GuruFocus considers FY Group to be Modestly Undervalued.

Key valuation signals for TPE:6807:

  • Gross Margin %: 18.39% (near median its 10-year median of 18.53)
  • GF Value™: NT$42.39 vs. price of NT$33.35 (21.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 37.4% below the Furnishings, Fixtures & Appliances median (#322 of 415)

No single metric tells the full story. See the TPE:6807 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FY Group Business Description

Address No. 346, Section 3, Nanjing East Road, 6th Floor, Songshan District, Taipei, TWN
FY Group Ltd is engaged in the research and development, manufacture, and sales of interior furniture such as sofas, slipcovers, office chairs, and other leather products. Its geographic regions are America, Asia, and Others.
63GF Score

Get the complete analysis for TPE:6807

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

NT$33.35
Price
NT$42.39
GF Value