Great Taipei GasTPE:9908 +0.51%87 Gross Margin % is 19.16% as of Dec. 2025, which is 16% below its 10-year median of 22.79. GuruFocus rates TPE:9908 with a GF Score™ of 87/100 and a GF Value™ of NT$31.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 491 Utilities - Regulated companies, Great Taipei Gas ranks worse than 62.93% on this metric.
Great Taipei Gas Corp gross margin has been in long-term decline. The average rate of decline per year is -2.3%.
The historical rank and industry rank for Great Taipei Gas's Gross Margin % or its related term are showing as below:
TPE:9908'
s Gross Margin % Range Over the Past 10 Years
Min: 20.33 Med: 22.79 Max: 26.14
Current: 22.98
During the past 13 years, the highestGross Margin % of Great Taipei Gas was 26.14%. The lowest was 20.33%. And the median was 22.79%.
TPE:9908's Gross Margin % is ranked worse than 62.93% of 491
companies
in the Utilities - Regulated industry
Industry Median: 30.95
vs TPE:9908: 22.98
Great Taipei Gas had a gross margin of 19.16% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Great Taipei Gas was -2.30% per year.
Great Taipei Gas (TPE:9908) 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
Great Taipei Gas had a gross margin of 19.16% 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.
Great Taipei Gas Gross Margin % Related Terms
Great Taipei Gas Gross Margin % Historical Data
* Premium members only.
The historical data trend for Great Taipei Gas'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:9908 vs ATO, NI, UGI: Gross Margin % Comparison
For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.
Great Taipei Gas Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Great Taipei Gas'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.
Great Taipei Gas (TPE:9908) has a Gross Margin % of 19.16% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Great Taipei Gas and its competitors. This is 16% below median its historical median of 22.79. Over the past decade, Great Taipei Gas' Gross Margin % has ranged from 20.33 to 26.14. According to the industry distribution chart, Great Taipei Gas ranks #309 out of 491 companies in the Utilities - Regulated industry, placing it in the top 62.9%.
Is Great Taipei Gas' Gross Margin % too high?
Great Taipei Gas' current Gross Margin % of 19.16% is 16% below median its 10-year median of 22.79. Over the past 10 years, this metric has ranged from a low of 20.33 to a high of 26.14. The Utilities - Regulated industry median Gross Margin % is 30.95. Great Taipei Gas' value of 19.16% is 38.1% below this industry median. Based on the distribution chart, Great Taipei Gas ranks #309 out of 491 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Great Taipei Gas has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #309 out of 491 companies for Gross Margin %. This places Great Taipei Gas in the lower half of its industry. The industry median Gross Margin % is 30.95. Great Taipei Gas' value of 19.16% is 38.1% below this benchmark. Historically, Great Taipei Gas' own Gross Margin % has ranged from 20.33 to 26.14 over the past decade. While the company's 10-year median is 22.79 vs. the industry median of 30.95, Great Taipei Gas 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 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. Great Taipei Gas's current Gross Margin % of 19.16% is 38.1% 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 Great Taipei Gas and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Taipei Gas's current Gross Margin % is 19.16%, which is 16% below median its own 10-year median of 22.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.57, compared to a current price of NT$29.80 — trading 5.6% below its estimated fair value. The current Gross Margin % is 19.16%, which is 16% below median its 10-year median of 22.79 and 38.1% below the Utilities - Regulated industry median of 30.95. Great Taipei Gas' overall GF Score™ is 87/100 with 4 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 Great Taipei Gas (TPE:9908), the current Gross Margin % is 19.16% 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued.
The current stock price of NT$29.80 is trading 5.6% below its estimated GF Value™ of NT$31.57.
GuruFocus considers Great Taipei Gas to be Fairly Valued.
Key valuation signals for TPE:9908:
Gross Margin %: 19.16% (16% below median its 10-year median of 22.79)
GF Value™: NT$31.57 vs. price of NT$29.80 (5.6% below fair value)
Industry Position: 38.1% below the Utilities - Regulated median (#309 of 491)
No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
87GF Score
Get the complete analysis for TPE:9908
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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