Bonny Worldwide (TPE:8467) Gross Margin %: 37.76% (As of Dec. 2025) — 18% Above Median


TPE:8467 Bonny Worldwide Ltd TPE:8467
81 GF Score
Price NT$118.00
GF Value NT$175.68
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bonny Worldwide Gross Margin %?

Bonny Worldwide TPE:8467 +0.43% 81 Gross Margin % is 37.76% as of Dec. 2025, which is 18% above its 10-year median of 32.11. GuruFocus rates TPE:8467 with a GF Score™ of 81/100 and a GF Value™ of NT$175.68 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 792 Travel & Leisure companies, Bonny Worldwide ranks worse than 53.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bonny Worldwide's Gross Profit for the three months ended in Dec. 2025 was NT$162 Mil. Bonny Worldwide's Revenue for the three months ended in Dec. 2025 was NT$428 Mil. Therefore, Bonny Worldwide's Gross Margin % for the quarter that ended in Dec. 2025 was 37.76%.


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

TPE:8467' s Gross Margin % Range Over the Past 10 Years
Min: 24.31   Med: 32.11   Max: 41.97
Current: 41.97


During the past 13 years, the highest Gross Margin % of Bonny Worldwide was 41.97%. The lowest was 24.31%. And the median was 32.11%.

TPE:8467's Gross Margin % is ranked worse than
53.41% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.97 vs TPE:8467: 41.97

Bonny Worldwide had a gross margin of 37.76% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bonny Worldwide was 6.40% per year.


Bonny Worldwide  (TPE:8467) 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

Bonny Worldwide had a gross margin of 37.76% 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.


Bonny Worldwide Gross Margin % Related Terms


Bonny Worldwide Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bonny Worldwide'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.

Bonny Worldwide Gross Margin % Chart

Bonny Worldwide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.05 37.67 39.16 40.90 41.97

Bonny Worldwide 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 42.30 43.66 41.09 43.96 37.76

TPE:8467 vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, Bonny Worldwide'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.


Bonny Worldwide Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bonny Worldwide's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bonny Worldwide's Gross Margin % falls into.


TPE:8467
81GF Score
Bonny Worldwide Ltd TPE:8467
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonny Worldwide Gross Margin % Calculation

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

Bonny Worldwide'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 )
=1021 / 2432.646
=(Revenue - Cost of Goods Sold) / Revenue
=(2432.646 - 1411.601) / 2432.646
=41.97 %

Bonny Worldwide'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 )
=161.6 / 427.88
=(Revenue - Cost of Goods Sold) / Revenue
=(427.88 - 266.295) / 427.88
=37.76 %

* 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 37.76% mean?
Bonny Worldwide (TPE:8467) has a Gross Margin % of 37.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bonny Worldwide and its competitors. This is 18% above median its historical median of 32.11. Over the past decade, Bonny Worldwide's Gross Margin % has ranged from 24.31 to 41.97. According to the industry distribution chart, Bonny Worldwide ranks #423 out of 792 companies in the Travel & Leisure industry, placing it in the top 53.4%.
Is Bonny Worldwide's Gross Margin % too high?
Bonny Worldwide's current Gross Margin % of 37.76% is 18% above median its 10-year median of 32.11. Over the past 10 years, this metric has ranged from a low of 24.31 to a high of 41.97. The Travel & Leisure industry median Gross Margin % is 43.97. Bonny Worldwide's value of 37.76% is 14.1% below this industry median. Based on the distribution chart, Bonny Worldwide ranks #423 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Bonny Worldwide has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bonny Worldwide's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Bonny Worldwide ranks #423 out of 792 companies for Gross Margin %. This places Bonny Worldwide in the lower half of its industry. The industry median Gross Margin % is 43.97. Bonny Worldwide's value of 37.76% is 14.1% below this benchmark. Historically, Bonny Worldwide's own Gross Margin % has ranged from 24.31 to 41.97 over the past decade. While the company's 10-year median is 32.11 vs. the industry median of 43.97, Bonny Worldwide 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.97, based on 792 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. Bonny Worldwide's current Gross Margin % of 37.76% is 14.1% 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 Bonny Worldwide and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonny Worldwide's current Gross Margin % is 37.76%, which is 18% above median its own 10-year median of 32.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Bonny Worldwide (TPE:8467) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$175.68, compared to a current price of NT$118.00 — trading 32.8% below its estimated fair value. The current Gross Margin % is 37.76%, which is 18% above median its 10-year median of 32.11 and 14.1% below the Travel & Leisure industry median of 43.97. Bonny Worldwide's overall GF Score™ is 81/100 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 Bonny Worldwide (TPE:8467), the current Gross Margin % is 37.76% 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 Bonny Worldwide (TPE:8467) Overvalued in 2026?

Based on GuruFocus' analysis, Bonny Worldwide stock appears to be undervalued. The current stock price of NT$118.00 is trading 32.8% below its estimated GF Value™ of NT$175.68. GuruFocus considers Bonny Worldwide to be Significantly Undervalued.

Key valuation signals for TPE:8467:

  • Gross Margin %: 37.76% (18% above median its 10-year median of 32.11)
  • GF Value™: NT$175.68 vs. price of NT$118.00 (32.8% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 14.1% below the Travel & Leisure median (#423 of 792)

No single metric tells the full story. See the TPE:8467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonny Worldwide Business Description

Address No. 15, Lane. 64, Minsheng Street, Tanzi District, Taichung, TWN, 427
Bonny Worldwide Ltd is mainly engaged in the research, development, design, manufacture and sale of carbon fiber composite products. The company derives the majority of its revenue from North America, and the rest from Mainland China, Taiwan, and other geographical regions.
81GF Score

Get the complete analysis for TPE:8467

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

NT$118.00
Price
NT$175.68
GF Value