Federal (TPE:2102) Gross Profit: NT$49.5 Mil (TTM As of Jun. 2026)

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TPE:2102 Federal Corp TPE:2102
63 GF Score
Price NT$17.95
GF Value NT$14.75
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Federal Gross Profit?

Federal TPE:2102 +0.28% 63 Gross Profit is NT$49.5 Mil as of Jun. 2026. GuruFocus rates TPE:2102 with a GF Score™ of 63/100 and a GF Value™ of NT$14.75 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Federal's gross profit for the three months ended in Jun. 2026 was NT$10.7 Mil. Federal's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was NT$49.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Federal's gross profit for the three months ended in Jun. 2026 was NT$10.7 Mil. Federal's Revenue for the three months ended in Jun. 2026 was NT$48.6 Mil. Therefore, Federal's Gross Margin % for the quarter that ended in Jun. 2026 was 22.04%.

Federal had a gross margin of 22.04% for the quarter that ended in Jun. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Federal was 22.82%. The lowest was -62.03%. And the median was 9.64%.


Federal  (TPE:2102) Gross Profit 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

Federal had a gross margin of 22.04% for the quarter that ended in Jun. 2026 => Competition eroding margins


Federal Gross Profit Related Terms


Federal Gross Profit Historical Data

* Premium members only.

The historical data trend for Federal's Gross Profit 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.

Federal Gross Profit Chart

Federal Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -734.83 -31.07 -296.74 17.45 54.25

Federal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 5.99 19.39 13.21 6.20 10.71

TPE:2102 vs ORLY, AZO, GPC: Gross Profit Comparison

For the Auto Parts subindustry, Federal's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Federal Gross Profit vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Federal's Gross Profit distribution charts can be found below:

* The bar in red indicates where Federal's Gross Profit falls into.


TPE:2102
63GF Score
Federal Corp TPE:2102
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Federal's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=265.852 - 211.607
=54.2

Federal's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=48.607 - 37.893
=10.7

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$49.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Federal's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.7 / 48.607
=22.04 %

* 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 Profit →
What does a Gross Profit of NT$49.5 Mil mean?
Federal (TPE:2102) has a Gross Profit of NT$49.5 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Federal and its competitors.
Is Federal's Gross Profit too high?
Federal's current Gross Profit is NT$49.5 Mil. Overall, Federal has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Federal's Gross Profit compare to ORLY and AZO?
Federal's Gross Profit of NT$49.5 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Federal and its competitors. Federal's current Gross Profit is NT$49.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal stock overvalued right now?
Based on GuruFocus' analysis, Federal (TPE:2102) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.75, compared to a current price of NT$17.95 — trading 21.7% above its estimated fair value. The current Gross Profit is NT$49.5 Mil. Federal's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Federal (TPE:2102), the current Gross Profit is NT$49.5 Mil as of Jun. 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 Federal (TPE:2102) Overvalued in 2026?

Based on GuruFocus' analysis, Federal stock appears to be overvalued. The current stock price of NT$17.95 is trading 21.7% above its estimated GF Value™ of NT$14.75. GuruFocus considers Federal to be Modestly Overvalued.

Key valuation signals for TPE:2102:

  • Gross Profit: NT$49.5 Mil
  • GF Value™: NT$14.75 vs. price of NT$17.95 (21.7% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the TPE:2102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal Business Description

Address No. 398, Huanbei Road, 2nd Floor-2, Zhongli District, Taoyuan, TWN
Federal Corp is a Taiwan-based company that engages in the manufacturing and sale of automobile tires and rubber, as well as real estate development and leasing. Its products include tires for ultra-high performance (UHP) vehicles and high-performance vehicles, tires for passenger cars, and tires for sports utility vehicles (SUVs), among others. It also provides light truck tires, drift tires, and all-season tires. The company derives its key revenue from the domestic market and the rest from Asia and America.
63GF Score

Get the complete analysis for TPE:2102

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

NT$17.95
Price
NT$14.75
GF Value