InnoCare OptoelectronicsTPE:6861 +2.47%66 Gross Margin % is 23.71% as of Dec. 2025, which is 13% below its 10-year median of 27.36. GuruFocus rates TPE:6861 with a GF Score™ of 66/100 and a GF Value™ of NT$85.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 805 Medical Devices & Instruments companies, InnoCare Optoelectronics ranks worse than 85.47% on this metric.
TPE:6861's Gross Margin % is ranked worse than 85.47% of 805
companies
in the Medical Devices & Instruments industry
Industry Median: 52.07
vs TPE:6861: 25.92
InnoCare Optoelectronics had a gross margin of 23.71% for the quarter that ended in Dec. 2025 => Competition eroding margins
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
InnoCare Optoelectronics had a gross margin of 23.71% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
InnoCare Optoelectronics Gross Margin % Related Terms
InnoCare Optoelectronics Gross Margin % Historical Data
* 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:6861 vs ABT, SYK, MDT: Gross Margin % Comparison
For the Medical Devices subindustry, InnoCare Optoelectronics'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.
InnoCare Optoelectronics Gross Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, InnoCare Optoelectronics's Gross Margin % distribution charts can be found below:
* The bar in red indicates where InnoCare Optoelectronics'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.
InnoCare Optoelectronics (TPE:6861) has a Gross Margin % of 23.71% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on InnoCare Optoelectronics and its competitors. This is 13% below median its historical median of 27.36. Over the past decade, InnoCare Optoelectronics' Gross Margin % has ranged from 19.62 to 48.04. According to the industry distribution chart, InnoCare Optoelectronics ranks #688 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 85.5%.
Is InnoCare Optoelectronics' Gross Margin % too high?
InnoCare Optoelectronics' current Gross Margin % of 23.71% is 13% below median its 10-year median of 27.36. Over the past 10 years, this metric has ranged from a low of 19.62 to a high of 48.04. The Medical Devices & Instruments industry median Gross Margin % is 52.07. InnoCare Optoelectronics' value of 23.71% is 54.5% below this industry median. Based on the distribution chart, InnoCare Optoelectronics ranks #688 out of 805 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, InnoCare Optoelectronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnoCare Optoelectronics' Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, InnoCare Optoelectronics ranks #688 out of 805 companies for Gross Margin %. This places InnoCare Optoelectronics in the lower half of its industry. The industry median Gross Margin % is 52.07. InnoCare Optoelectronics' value of 23.71% is 54.5% below this benchmark. Historically, InnoCare Optoelectronics' own Gross Margin % has ranged from 19.62 to 48.04 over the past decade. While the company's 10-year median is 27.36 vs. the industry median of 52.07, InnoCare Optoelectronics 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 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. InnoCare Optoelectronics's current Gross Margin % of 23.71% is 54.5% 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 InnoCare Optoelectronics and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnoCare Optoelectronics's current Gross Margin % is 23.71%, which is 13% below median its own 10-year median of 27.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnoCare Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, InnoCare Optoelectronics (TPE:6861) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.70, compared to a current price of NT$331.50 — trading 286.8% above its estimated fair value. The current Gross Margin % is 23.71%, which is 13% below median its 10-year median of 27.36 and 54.5% below the Medical Devices & Instruments industry median of 52.07. InnoCare Optoelectronics' overall GF Score™ is 66/100 with 2 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 InnoCare Optoelectronics (TPE:6861), the current Gross Margin % is 23.71% 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 InnoCare Optoelectronics (TPE:6861) Overvalued in 2026?
Based on GuruFocus' analysis, InnoCare Optoelectronics stock appears to be overvalued.
The current stock price of NT$331.50 is trading 286.8% above its estimated GF Value™ of NT$85.70.
GuruFocus considers InnoCare Optoelectronics to be Significantly Overvalued.
Key valuation signals for TPE:6861:
Gross Margin %: 23.71% (13% below median its 10-year median of 27.36)
GF Value™: NT$85.70 vs. price of NT$331.50 (286.8% above fair value)
Industry Position: 54.5% below the Medical Devices & Instruments median (#688 of 805)
No single metric tells the full story. See the TPE:6861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InnoCare Optoelectronics Corp is mainly engaged in the manufacturing and sale of optical instruments and medical equipment. Its products include X-Ray flat panel detector devices, X-Ray flat panel detector modules, and others.
66GF 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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