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Hey-SongTPE:1234 +1.04%69 Net Margin % is 7.84% as of Dec. 2025, which is 14% below its 10-year median of 9.11. GuruFocus rates TPE:1234 with a GF Score™ of 69/100 and a GF Value™ of NT$36.99 (Fairly Valued). The stock has 8 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Hey-Song ranks better than 60.34% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hey-Song's Net Income for the
three
months ended in Dec. 2025 was NT$173 Mil. Hey-Song's Revenue for the
three
months ended in Dec. 2025 was NT$2,202 Mil. Therefore, Hey-Song's net margin for the quarter that ended in Dec. 2025 was 7.84%.
The historical rank and industry rank for Hey-Song's Net Margin % or its related term are showing as below:
TPE:1234'
s Net Margin % Range Over the Past 10 Years
Min: 5.98 Med: 9.11 Max: 12.62
Current: 8.46
TPE:1234's Net Margin % is ranked better than 60.34% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.515
vs TPE:1234: 8.46
Hey-Song (TPE:1234) 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.
Hey-Song Net Margin % Related Terms
Hey-Song Net Margin % Historical Data
* Premium members only.
The historical data trend for Hey-Song'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:1234 vs KO, PEP, MNST: Net Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Hey-Song'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.
Hey-Song Net Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hey-Song's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hey-Song'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.
Hey-Song (TPE:1234) has a Net Margin % of 7.84% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hey-Song and its competitors. This is 14% below median its historical median of 9.11. Over the past decade, Hey-Song's Net Margin % has ranged from 5.98 to 12.62. According to the industry distribution chart, Hey-Song ranks #46 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 39.7%.
Is Hey-Song's Net Margin % too high?
Hey-Song's current Net Margin % of 7.84% is 14% below median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 12.62. The Beverages - Non-Alcoholic industry median Net Margin % is 6.52. Hey-Song's value of 7.84% is 20.3% above this industry median. Based on the distribution chart, Hey-Song ranks #46 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Hey-Song has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hey-Song's Net Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Hey-Song ranks #46 out of 116 companies for Net Margin %. This puts Hey-Song in the upper half of its industry. The industry median Net Margin % is 6.52. Hey-Song's value of 7.84% is 20.3% above this benchmark. Historically, Hey-Song's own Net Margin % has ranged from 5.98 to 12.62 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 6.52, Hey-Song 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 Beverages - Non-Alcoholic company?
The median Net Margin % among Beverages - Non-Alcoholic companies is 6.52, based on 116 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. Hey-Song's current Net Margin % of 7.84% is 20.3% 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 Hey-Song and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Margin % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hey-Song's current Net Margin % is 7.84%, which is 14% below median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hey-Song stock overvalued right now?
Based on GuruFocus' analysis, Hey-Song (TPE:1234) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.99, compared to a current price of NT$34.00 — trading 8.1% below its estimated fair value. The current Net Margin % is 7.84%, which is 14% below median its 10-year median of 9.11 and 20.3% above the Beverages - Non-Alcoholic industry median of 6.52. Hey-Song's overall GF Score™ is 69/100 with 8 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 Hey-Song (TPE:1234), the current Net Margin % is 7.84% 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 Hey-Song (TPE:1234) Overvalued in 2026?
Based on GuruFocus' analysis, Hey-Song stock appears to be undervalued.
The current stock price of NT$34.00 is trading 8.1% below its estimated GF Value™ of NT$36.99.
GuruFocus considers Hey-Song to be Fairly Valued.
Key valuation signals for TPE:1234:
Net Margin %: 7.84% (14% below median its 10-year median of 9.11)
GF Value™: NT$36.99 vs. price of NT$34.00 (8.1% below fair value)
Industry Position: 20.3% above the Beverages - Non-Alcoholic median (#46 of 116)
No single metric tells the full story. See the TPE:1234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.
69GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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