Alexander Marine Co (TPE:8478) Gross Margin %: 38.08% (As of Dec. 2025) — 16% Above Median

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TPE:8478 Alexander Marine Co Ltd TPE:8478
74 GF Score
Price NT$156.50
GF Value NT$292.79
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Alexander Marine Co Gross Margin %?

Alexander Marine Co TPE:8478 +1.62% 74 Gross Margin % is 38.08% as of Dec. 2025, which is 16% above its 10-year median of 32.83. GuruFocus rates TPE:8478 with a GF Score™ of 74/100 and a GF Value™ of NT$292.79 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Alexander Marine Co ranks better than 84.77% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Alexander Marine Co's Gross Profit for the three months ended in Dec. 2025 was NT$408 Mil. Alexander Marine Co's Revenue for the three months ended in Dec. 2025 was NT$1,070 Mil. Therefore, Alexander Marine Co's Gross Margin % for the quarter that ended in Dec. 2025 was 38.08%.


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

TPE:8478' s Gross Margin % Range Over the Past 10 Years
Min: 23.7   Med: 32.83   Max: 48.19
Current: 39.04


During the past 13 years, the highest Gross Margin % of Alexander Marine Co was 48.19%. The lowest was 23.70%. And the median was 32.83%.

TPE:8478's Gross Margin % is ranked better than
84.77% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.87 vs TPE:8478: 39.04

Alexander Marine Co had a gross margin of 38.08% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Alexander Marine Co was 8.60% per year.


Alexander Marine Co  (TPE:8478) 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

Alexander Marine Co had a gross margin of 38.08% 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.


Alexander Marine Co Gross Margin % Related Terms


Alexander Marine Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Alexander Marine 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.

Alexander Marine Co Gross Margin % Chart

Alexander Marine Co 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 35.11 45.43 48.19 39.16 39.04

Alexander Marine Co 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 -29.92 38.00 42.52 36.59 38.08

TPE:8478 vs BC, PII, THO: Gross Margin % Comparison

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alexander Marine Co's Gross Margin % falls into.


TPE:8478
74GF Score
Alexander Marine Co Ltd TPE:8478
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alexander Marine Co Gross Margin % Calculation

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

Alexander Marine 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 )
=2042.4 / 5231.354
=(Revenue - Cost of Goods Sold) / Revenue
=(5231.354 - 3188.961) / 5231.354
=39.04 %

Alexander Marine 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 )
=407.6 / 1070.394
=(Revenue - Cost of Goods Sold) / Revenue
=(1070.394 - 662.748) / 1070.394
=38.08 %

* 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 38.08% mean?
Alexander Marine Co (TPE:8478) has a Gross Margin % of 38.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Alexander Marine Co and its competitors. This is 16% above median its historical median of 32.83. Over the past decade, Alexander Marine Co's Gross Margin % has ranged from 23.70 to 48.19. According to the industry distribution chart, Alexander Marine Co ranks #199 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 15.2%.
Is Alexander Marine Co's Gross Margin % too high?
Alexander Marine Co's current Gross Margin % of 38.08% is 16% above median its 10-year median of 32.83. Over the past 10 years, this metric has ranged from a low of 23.70 to a high of 48.19. The Vehicles & Parts industry median Gross Margin % is 19.87. Alexander Marine Co's value of 38.08% is 91.6% above this industry median. Based on the distribution chart, Alexander Marine Co ranks #199 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Alexander Marine Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Marine Co's Gross Margin % compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Alexander Marine Co ranks #199 out of 1307 companies for Gross Margin %. This places Alexander Marine Co in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.87. Alexander Marine Co's value of 38.08% is 91.6% above this benchmark. Historically, Alexander Marine Co's own Gross Margin % has ranged from 23.70 to 48.19 over the past decade. While the company's 10-year median is 32.83 vs. the industry median of 19.87, Alexander Marine 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.87, based on 1,307 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. Alexander Marine Co's current Gross Margin % of 38.08% is 91.6% 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 Alexander Marine Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Marine Co's current Gross Margin % is 38.08%, which is 16% above median its own 10-year median of 32.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Alexander Marine Co (TPE:8478) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$292.79, compared to a current price of NT$156.50 — trading 46.5% below its estimated fair value. The current Gross Margin % is 38.08%, which is 16% above median its 10-year median of 32.83 and 91.6% above the Vehicles & Parts industry median of 19.87. Alexander Marine Co's overall GF Score™ is 74/100 with 6 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 Alexander Marine Co (TPE:8478), the current Gross Margin % is 38.08% 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 Alexander Marine Co (TPE:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Marine Co stock appears to be undervalued. The current stock price of NT$156.50 is trading 46.5% below its estimated GF Value™ of NT$292.79. GuruFocus considers Alexander Marine Co to be Significantly Undervalued.

Key valuation signals for TPE:8478:

  • Gross Margin %: 38.08% (16% above median its 10-year median of 32.83)
  • GF Value™: NT$292.79 vs. price of NT$156.50 (46.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 91.6% above the Vehicles & Parts median (#199 of 1307)

No single metric tells the full story. See the TPE:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Marine Co Business Description

Address No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung City, TWN, 806
Alexander Marine Co Ltd mainly manufactures and sells yachts. The main operations of the Corporation and its subsidiaries are the manufacturing, processing, and selling of yachts.
74GF Score

Get the complete analysis for TPE:8478

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

NT$156.50
Price
NT$292.79
GF Value