Vetnostrum Animal Health Co (TPE:6936) Gross Margin %: 33.29% (As of Dec. 2025) — Near Median


TPE:6936 Vetnostrum Animal Health Co Ltd TPE:6936
67 GF Score
Price NT$33.00
GF Value NT$39.80
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vetnostrum Animal Health Co Gross Margin %?

Vetnostrum Animal Health Co TPE:6936 +0.30% 67 Gross Margin % is 33.29% as of Dec. 2025, which is 9% above its 10-year median of 30.58. GuruFocus rates TPE:6936 with a GF Score™ of 67/100 and a GF Value™ of NT$39.80 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,899 Consumer Packaged Goods companies, Vetnostrum Animal Health Co ranks better than 62.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vetnostrum Animal Health Co's Gross Profit for the three months ended in Dec. 2025 was NT$124 Mil. Vetnostrum Animal Health Co's Revenue for the three months ended in Dec. 2025 was NT$373 Mil. Therefore, Vetnostrum Animal Health Co's Gross Margin % for the quarter that ended in Dec. 2025 was 33.29%.


The historical rank and industry rank for Vetnostrum Animal Health Co's Gross Margin % or its related term are showing as below:

TPE:6936' s Gross Margin % Range Over the Past 10 Years
Min: 29.55   Med: 30.58   Max: 34.05
Current: 31.91


During the past 8 years, the highest Gross Margin % of Vetnostrum Animal Health Co was 34.05%. The lowest was 29.55%. And the median was 30.58%.

TPE:6936's Gross Margin % is ranked better than
62.51% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.36 vs TPE:6936: 31.91

Vetnostrum Animal Health Co had a gross margin of 33.29% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vetnostrum Animal Health Co was 1.40% per year.


Vetnostrum Animal Health Co  (TPE:6936) 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

Vetnostrum Animal Health Co had a gross margin of 33.29% 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.


Vetnostrum Animal Health Co Gross Margin % Related Terms


Vetnostrum Animal Health Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vetnostrum Animal Health 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.

Vetnostrum Animal Health Co Gross Margin % Chart

Vetnostrum Animal Health Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 30.37 29.80 29.55 34.05 31.91

Vetnostrum Animal Health Co Quarterly Data
Dec18 Dec19 Dec20 Dec21 Jun22 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 33.25 33.89 29.21 31.10 33.29

TPE:6936 vs ADM, BG, TSN: Gross Margin % Comparison

For the Farm Products subindustry, Vetnostrum Animal Health 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.


Vetnostrum Animal Health Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vetnostrum Animal Health Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vetnostrum Animal Health Co's Gross Margin % falls into.


TPE:6936
67GF Score
Vetnostrum Animal Health Co Ltd TPE:6936
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vetnostrum Animal Health Co Gross Margin % Calculation

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

Vetnostrum Animal Health 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 )
=451.9 / 1416.122
=(Revenue - Cost of Goods Sold) / Revenue
=(1416.122 - 964.249) / 1416.122
=31.91 %

Vetnostrum Animal Health 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 )
=124.1 / 372.685
=(Revenue - Cost of Goods Sold) / Revenue
=(372.685 - 248.625) / 372.685
=33.29 %

* 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 33.29% mean?
Vetnostrum Animal Health Co (TPE:6936) has a Gross Margin % of 33.29% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Vetnostrum Animal Health Co and its competitors. This is near median its historical median of 30.58. Over the past decade, Vetnostrum Animal Health Co's Gross Margin % has ranged from 29.55 to 34.05. According to the industry distribution chart, Vetnostrum Animal Health Co ranks #712 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 37.5%.
Is Vetnostrum Animal Health Co's Gross Margin % too high?
Vetnostrum Animal Health Co's current Gross Margin % of 33.29% is near median its 10-year median of 30.58. Over the past 10 years, this metric has ranged from a low of 29.55 to a high of 34.05. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Vetnostrum Animal Health Co's value of 33.29% is 26.3% above this industry median. Based on the distribution chart, Vetnostrum Animal Health Co ranks #712 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Vetnostrum Animal Health Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vetnostrum Animal Health Co's Gross Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Vetnostrum Animal Health Co ranks #712 out of 1899 companies for Gross Margin %. This puts Vetnostrum Animal Health Co in the upper half of its industry. The industry median Gross Margin % is 26.36. Vetnostrum Animal Health Co's value of 33.29% is 26.3% above this benchmark. Historically, Vetnostrum Animal Health Co's own Gross Margin % has ranged from 29.55 to 34.05 over the past decade. While the company's 10-year median is 30.58 vs. the industry median of 26.36, Vetnostrum Animal Health Co 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,899 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. Vetnostrum Animal Health Co's current Gross Margin % of 33.29% is 26.3% 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 Vetnostrum Animal Health Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vetnostrum Animal Health Co's current Gross Margin % is 33.29%, which is near median its own 10-year median of 30.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vetnostrum Animal Health Co stock overvalued right now?
Based on GuruFocus' analysis, Vetnostrum Animal Health Co (TPE:6936) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$39.80, compared to a current price of NT$33.00 — trading 17.1% below its estimated fair value. The current Gross Margin % is 33.29%, which is near median its 10-year median of 30.58 and 26.3% above the Consumer Packaged Goods industry median of 26.36. Vetnostrum Animal Health Co's overall GF Score™ is 67/100 with 1 warning sign 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 Vetnostrum Animal Health Co (TPE:6936), the current Gross Margin % is 33.29% 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 Vetnostrum Animal Health Co (TPE:6936) Overvalued in 2026?

Based on GuruFocus' analysis, Vetnostrum Animal Health Co stock appears to be undervalued. The current stock price of NT$33.00 is trading 17.1% below its estimated GF Value™ of NT$39.80. GuruFocus considers Vetnostrum Animal Health Co to be Modestly Undervalued.

Key valuation signals for TPE:6936:

  • Gross Margin %: 33.29% (near median its 10-year median of 30.58)
  • GF Value™: NT$39.80 vs. price of NT$33.00 (17.1% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 26.3% above the Consumer Packaged Goods median (#712 of 1899)

No single metric tells the full story. See the TPE:6936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vetnostrum Animal Health Co Business Description

Address Chung Lun, No. 290-3, Chung Lun Village, Hsinfeng, Hsinchu County, Hsinchu, TWN, 30422
Vetnostrum Animal Health Co Ltd is mainly engaged in importing, manufacturing, and selling pharmaceuticals and nutrition supplements for animals, feed additives, and feed. It derives a majority of its revenue from the sale of animal pharmaceuticals, medicated feed additives, and feeds and the rendering of drug testing services. Geographically, the company derives maximum revenue from Taiwan, followed by the USA, Malaysia, and other countries.
67GF Score

Get the complete analysis for TPE:6936

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

NT$33.00
Price
NT$39.80
GF Value