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Universal CementTPE:1104 +0.57%86 Net Margin % is 16.16% as of Mar. 2026, which is 29% below its 10-year median of 22.84. GuruFocus rates TPE:1104 with a GF Score™ of 86/100 and a GF Value™ of NT$29.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 407 Building Materials companies, Universal Cement ranks better than 92.14% on this metric.
Universal Cement (TPE:1104) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Universal Cement Net Margin % Related Terms
Universal Cement Net Margin % Historical Data
* Premium members only.
The historical data trend for Universal Cement's Net 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:1104 vs CRH, VMC, MLM: Net Margin % Comparison
For the Building Materials subindustry, Universal Cement's Net Margin %, along with its competitors' market caps and Net 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.
Universal Cement Net Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Universal Cement's Net Margin % distribution charts can be found below:
* The bar in red indicates where Universal Cement's Net 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.
Universal Cement (TPE:1104) has a Net Margin % of 16.16% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Universal Cement and its competitors. This is 29% below median its historical median of 22.84. Over the past decade, Universal Cement's Net Margin % has ranged from 17.90 to 36.82. According to the industry distribution chart, Universal Cement ranks #32 out of 407 companies in the Building Materials industry, placing it in the top 7.9%.
Is Universal Cement's Net Margin % too high?
Universal Cement's current Net Margin % of 16.16% is 29% below median its 10-year median of 22.84. Over the past 10 years, this metric has ranged from a low of 17.90 to a high of 36.82. The Building Materials industry median Net Margin % is 4.32. Universal Cement's value of 16.16% is 274.1% above this industry median. Based on the distribution chart, Universal Cement ranks #32 out of 407 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Universal Cement has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cement's Net Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Universal Cement ranks #32 out of 407 companies for Net Margin %. This places Universal Cement in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.32. Universal Cement's value of 16.16% is 274.1% above this benchmark. Historically, Universal Cement's own Net Margin % has ranged from 17.90 to 36.82 over the past decade. While the company's 10-year median is 22.84 vs. the industry median of 4.32, Universal Cement 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 Net Margin % for a Building Materials company?
The median Net Margin % among Building Materials companies is 4.32, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Cement's current Net Margin % of 16.16% is 274.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Universal Cement and its competitors. For the Building Materials industry, the median Net Margin % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cement's current Net Margin % is 16.16%, which is 29% below median its own 10-year median of 22.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cement stock overvalued right now?
Based on GuruFocus' analysis, Universal Cement (TPE:1104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$29.64, compared to a current price of NT$26.60 — trading 10.3% below its estimated fair value. The current Net Margin % is 16.16%, which is 29% below median its 10-year median of 22.84 and 274.1% above the Building Materials industry median of 4.32. Universal Cement's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Universal Cement (TPE:1104), the current Net Margin % is 16.16% 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 Universal Cement (TPE:1104) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Cement stock appears to be undervalued.
The current stock price of NT$26.60 is trading 10.3% below its estimated GF Value™ of NT$29.64.
GuruFocus considers Universal Cement to be Modestly Undervalued.
Key valuation signals for TPE:1104:
Net Margin %: 16.16% (29% below median its 10-year median of 22.84)
GF Value™: NT$29.64 vs. price of NT$26.60 (10.3% below fair value)
Industry Position: 274.1% above the Building Materials median (#32 of 407)
No single metric tells the full story. See the TPE:1104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Universal Cement Corporation is a Taiwan-based company predominantly engaged in manufacturing and selling cement and related construction materials. The company's reportable segments include Building materials and others. The majority of its revenue is generated from the building materials segment which is engaged in manufacturing and selling cement, concrete, and gypsum board. Geographically, key revenue for the company is derived from Taiwan.
86GF Score
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