TPE:9110's Gross Margin % is ranked worse than 91.84% of 1311
companies
in the Vehicles & Parts industry
Industry Median: 19.84
vs TPE:9110: 7.55
Vietnam Manufacturing and Export Processing (Holdings) had a gross margin of 7.53% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
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
Vietnam Manufacturing and Export Processing (Holdings) had a gross margin of 7.53% for the quarter that ended in Mar. 2026 => 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.
Vietnam Manufacturing and Export Processing (Holdings) Gross Margin % Related Terms
Vietnam Manufacturing and Export Processing (Holdings) 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.
Vietnam Manufacturing and Export Processing (Holdings) Gross Margin % Chart
Vietnam Manufacturing and Export Processing (Holdings) Annual Data
* 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.
Vietnam Manufacturing and Export Processing (Holdings) Gross Margin % vs Vehicles & Parts Industry
* 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.
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Gross Margin % of 7.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vietnam Manufacturing and Export Processing (Holdings) and its competitors. This is 15% below median its historical median of 8.83. According to the industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #1204 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 91.8%.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Gross Margin % too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Gross Margin % of 7.53% is 15% below median its 10-year median of 8.83. The Vehicles & Parts industry median Gross Margin % is 19.84. Vietnam Manufacturing and Export Processing (Holdings)'s value of 7.53% is 62% below this industry median. Based on the distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #1204 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Gross Margin % compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Vietnam Manufacturing and Export Processing (Holdings) ranks #1204 out of 1311 companies for Gross Margin %. This places Vietnam Manufacturing and Export Processing (Holdings) in the lower half of its industry. The industry median Gross Margin % is 19.84. Vietnam Manufacturing and Export Processing (Holdings)'s value of 7.53% is 62% below this benchmark. While the company's 10-year median is 8.83 vs. the industry median of 19.84, Vietnam Manufacturing and Export Processing (Holdings) 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Vietnam Manufacturing and Export Processing (Holdings)'s current Gross Margin % of 7.53% is 62% 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Manufacturing and Export Processing (Holdings)'s current Gross Margin % is 7.53%, which is 15% below median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$6.09, compared to a current price of NT$3.29 — trading 46% below its estimated fair value. The current Gross Margin % is 7.53%, which is 15% below median its 10-year median of 8.83 and 62% below the Vehicles & Parts industry median of 19.84. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 50/100 with 3 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Gross Margin % is 7.53% as of Mar. 2026. 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued.
The current stock price of NT$3.29 is trading 46% below its estimated GF Value™ of NT$6.09.
GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.
Key valuation signals for TPE:9110:
Gross Margin %: 7.53% (15% below median its 10-year median of 8.83)
GF Value™: NT$6.09 vs. price of NT$3.29 (46% below fair value)
Industry Position: 62% below the Vehicles & Parts median (#1204 of 1311)
No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Manufacturing and Export Processing (Holdings) Business Description
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
50GF Score
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