PlayNitrideTPE:6854 -3.23%51 Gross Margin % is 54.55% as of Dec. 2025, which is 8292% above its 10-year median of 0.65. GuruFocus rates TPE:6854 with a GF Score™ of 51/100 and a GF Value™ of NT$119.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,453 Hardware companies, PlayNitride ranks better than 79.82% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. PlayNitride's Gross Profit for the
three
months ended in Dec. 2025 was NT$266 Mil. PlayNitride's Revenue for the
three
months ended in Dec. 2025 was NT$488 Mil. Therefore, PlayNitride's Gross Margin % for the quarter that ended in Dec. 2025 was 54.55%.
The historical rank and industry rank for PlayNitride's Gross Margin % or its related term are showing as below:
TPE:6854'
s Gross Margin % Range Over the Past 10 Years
Min: -129.25 Med: 0.65 Max: 42.44
Current: 42.44
During the past 7 years, the highestGross Margin % of PlayNitride was 42.44%. The lowest was -129.25%. And the median was 0.65%.
TPE:6854's Gross Margin % is ranked better than 79.82% of 2453
companies
in the Hardware industry
Industry Median: 24.52
vs TPE:6854: 42.44
PlayNitride had a gross margin of 54.55% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PlayNitride was 0.00% per year.
PlayNitride (TPE:6854) 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
PlayNitride had a gross margin of 54.55% 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.
PlayNitride Gross Margin % Related Terms
PlayNitride Gross Margin % Historical Data
* Premium members only.
The historical data trend for PlayNitride'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.
For the Electronic Components subindustry, PlayNitride'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.
PlayNitride Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, PlayNitride's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PlayNitride'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.
PlayNitride (TPE:6854) has a Gross Margin % of 54.55% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on PlayNitride and its competitors. This is 8292% above median its historical median of 0.65. According to the industry distribution chart, PlayNitride ranks #495 out of 2453 companies in the Hardware industry, placing it in the top 20.2%.
Is PlayNitride's Gross Margin % too high?
PlayNitride's current Gross Margin % of 54.55% is 8292% above median its 10-year median of 0.65. The Hardware industry median Gross Margin % is 24.52. PlayNitride's value of 54.55% is 122.5% above this industry median. Based on the distribution chart, PlayNitride ranks #495 out of 2453 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, PlayNitride has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PlayNitride's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, PlayNitride ranks #495 out of 2453 companies for Gross Margin %. This places PlayNitride in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.52. PlayNitride's value of 54.55% is 122.5% above this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 24.52, PlayNitride 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 24.52, based on 2,453 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. PlayNitride's current Gross Margin % of 54.55% is 122.5% 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 PlayNitride and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlayNitride's current Gross Margin % is 54.55%, which is 8292% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayNitride stock overvalued right now?
Based on GuruFocus' analysis, PlayNitride (TPE:6854) is currently considered Fairly Valued. The stock's GF Value™ is NT$119.02, compared to a current price of NT$120.00 — trading 0.8% above its estimated fair value. The current Gross Margin % is 54.55%, which is 8292% above median its 10-year median of 0.65 and 122.5% above the Hardware industry median of 24.52. PlayNitride's overall GF Score™ is 51/100 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 PlayNitride (TPE:6854), the current Gross Margin % is 54.55% 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 PlayNitride (TPE:6854) Overvalued in 2026?
Based on GuruFocus' analysis, PlayNitride stock appears to be overvalued.
The current stock price of NT$120.00 is trading 0.8% above its estimated GF Value™ of NT$119.02.
GuruFocus considers PlayNitride to be Fairly Valued.
Key valuation signals for TPE:6854:
Gross Margin %: 54.55% (8292% above median its 10-year median of 0.65)
GF Value™: NT$119.02 vs. price of NT$120.00 (0.8% above fair value)
Industry Position: 122.5% above the Hardware median (#495 of 2453)
No single metric tells the full story. See the TPE:6854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PlayNitride Inc is engaged mainly in the research, development, design, manufacture, and sale of Micro LED modules and panels, in related design, installation, and maintenance of process equipment, in out-licensing of technologies, and in the chemical, raw materials, products, and material wholesale and retail. Geographically, the company operates in Taiwan, which derives key revenue.
51GF Score
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