Taiwan CogenerationTPE:8926 -0.78%75 Gross Margin % is 14.72% as of Dec. 2025, which is 24% above its 10-year median of 11.91. GuruFocus rates TPE:8926 with a GF Score™ of 75/100 and a GF Value™ of NT$43.28 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,719 Construction companies, Taiwan Cogeneration ranks worse than 67.42% on this metric.
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
Taiwan Cogeneration had a gross margin of 14.72% for the quarter that ended in Dec. 2025 => No sustainable 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.
Taiwan Cogeneration Gross Margin % Related Terms
Taiwan Cogeneration Gross Margin % Historical Data
* Premium members only.
The historical data trend for Taiwan Cogeneration'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.
TPE:8926 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Taiwan Cogeneration'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.
Taiwan Cogeneration Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Taiwan Cogeneration's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Taiwan Cogeneration'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.
Taiwan Cogeneration (TPE:8926) has a Gross Margin % of 14.72% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Taiwan Cogeneration and its competitors. This is 24% above median its historical median of 11.91. Over the past decade, Taiwan Cogeneration's Gross Margin % has ranged from 7.16 to 25.04. According to the industry distribution chart, Taiwan Cogeneration ranks #1159 out of 1719 companies in the Construction industry, placing it in the top 67.4%.
Is Taiwan Cogeneration's Gross Margin % too high?
Taiwan Cogeneration's current Gross Margin % of 14.72% is 24% above median its 10-year median of 11.91. Over the past 10 years, this metric has ranged from a low of 7.16 to a high of 25.04. The Construction industry median Gross Margin % is 20.71. Taiwan Cogeneration's value of 14.72% is 28.9% below this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #1159 out of 1719 companies in the Construction industry, which is below the industry midpoint. Overall, Taiwan Cogeneration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #1159 out of 1719 companies for Gross Margin %. This places Taiwan Cogeneration in the lower half of its industry. The industry median Gross Margin % is 20.71. Taiwan Cogeneration's value of 14.72% is 28.9% below this benchmark. Historically, Taiwan Cogeneration's own Gross Margin % has ranged from 7.16 to 25.04 over the past decade. While the company's 10-year median is 11.91 vs. the industry median of 20.71, Taiwan Cogeneration 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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. Taiwan Cogeneration's current Gross Margin % of 14.72% is 28.9% 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 Taiwan Cogeneration and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current Gross Margin % is 14.72%, which is 24% above median its own 10-year median of 11.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.28, compared to a current price of NT$76.30 — trading 76.3% above its estimated fair value. The current Gross Margin % is 14.72%, which is 24% above median its 10-year median of 11.91 and 28.9% below the Construction industry median of 20.71. Taiwan Cogeneration's overall GF Score™ is 75/100 with 12 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 Taiwan Cogeneration (TPE:8926), the current Gross Margin % is 14.72% 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued.
The current stock price of NT$76.30 is trading 76.3% above its estimated GF Value™ of NT$43.28.
GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.
Key valuation signals for TPE:8926:
Gross Margin %: 14.72% (24% above median its 10-year median of 11.91)
GF Value™: NT$43.28 vs. price of NT$76.30 (76.3% above fair value)
Industry Position: 28.9% below the Construction median (#1159 of 1719)
No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
75GF Score
Get the complete analysis for TPE:8926
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:8926 has been successfully added to your 
