Net margin is calculated as Net Income divided by its Revenue. Federal's Net Income for the
three
months ended in Dec. 2025 was NT$3,903.3 Mil. Federal's Revenue for the
three
months ended in Dec. 2025 was NT$65.7 Mil. Therefore, Federal's net margin for the quarter that ended in Dec. 2025 was 5,938.97%.
The historical rank and industry rank for Federal's Net Margin % or its related term are showing as below:
TPE:2102'
s Net Margin % Range Over the Past 10 Years
Min: -361.47 Med: -19.61 Max: 1085.05
Current: 1085.05
TPE:2102's Net Margin % is ranked better than 99.85% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs TPE:2102: 1085.05
Federal (TPE:2102) 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.
Federal Net Margin % Related Terms
Federal Net Margin % Historical Data
* Premium members only.
The historical data trend for Federal'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.
For the Auto Parts subindustry, Federal'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.
Federal Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Federal's Net Margin % distribution charts can be found below:
* The bar in red indicates where Federal'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.
Federal (TPE:2102) has a Net Margin % of 5,938.97% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Federal and its competitors. According to the industry distribution chart, Federal ranks #2 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 0.2%.
Is Federal's Net Margin % too high?
Federal's current Net Margin % is 5,938.97%. The Vehicles & Parts industry median Net Margin % is 3.21. Federal's value of 5,938.97% is 185203.3% above this industry median. Based on the distribution chart, Federal ranks #2 out of 1326 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Federal has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal's Net Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Federal ranks #2 out of 1326 companies for Net Margin %. This places Federal in the top 0% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.21. Federal's value of 5,938.97% is 185203.3% above this benchmark. 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 Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 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. Federal's current Net Margin % of 5,938.97% is 185203.3% 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 Federal and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal's current Net Margin % is 5,938.97%. 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 Fairly Valued. The stock's GF Value™ is NT$16.71, compared to a current price of NT$18.10 — trading 8.3% above its estimated fair value. The current Net Margin % is 5,938.97% and 185203.3% above the Vehicles & Parts industry median of 3.21. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Federal (TPE:2102), the current Net Margin % is 5,938.97% 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 Federal (TPE:2102) Overvalued in 2026?
Based on GuruFocus' analysis, Federal stock appears to be overvalued.
The current stock price of NT$18.10 is trading 8.3% above its estimated GF Value™ of NT$16.71.
GuruFocus considers Federal to be Fairly Valued.
Key valuation signals for TPE:2102:
Net Margin %: 5,938.97%
GF Value™: NT$16.71 vs. price of NT$18.10 (8.3% above fair value)
Industry Position: 185203.3% above the Vehicles & Parts median (#2 of 1326)
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 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
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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