Good Will Instrument CoTPE:2423 -6.01%75 Net Margin % is 15.64% as of Dec. 2025, which is 26% above its 10-year median of 12.46. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,473 Hardware companies, Good Will Instrument Co ranks better than 87.99% on this metric.
The historical rank and industry rank for Good Will Instrument Co's Net Margin % or its related term are showing as below:
TPE:2423'
s Net Margin % Range Over the Past 10 Years
Min: 8.63 Med: 12.46 Max: 14.41
Current: 14.41
TPE:2423's Net Margin % is ranked better than 87.99% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs TPE:2423: 14.41
Good Will Instrument Co (TPE:2423) 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.
Good Will Instrument Co Net Margin % Related Terms
Good Will Instrument Co Net Margin % Historical Data
* 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:2423 vs COHR, KEYS, GRMN: Net Margin % Comparison
For the Scientific & Technical Instruments subindustry, Good Will Instrument Co'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.
Good Will Instrument Co Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Good Will Instrument Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Good Will Instrument Co'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.
Good Will Instrument Co (TPE:2423) has a Net Margin % of 15.64% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Good Will Instrument Co and its competitors. This is 26% above median its historical median of 12.46. Over the past decade, Good Will Instrument Co's Net Margin % has ranged from 8.63 to 14.41. According to the industry distribution chart, Good Will Instrument Co ranks #297 out of 2473 companies in the Hardware industry, placing it in the top 12%.
Is Good Will Instrument Co's Net Margin % too high?
Good Will Instrument Co's current Net Margin % of 15.64% is 26% above median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 14.41. The Hardware industry median Net Margin % is 2.70. Good Will Instrument Co's value of 15.64% is 479.3% above this industry median. Based on the distribution chart, Good Will Instrument Co ranks #297 out of 2473 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Net Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #297 out of 2473 companies for Net Margin %. This places Good Will Instrument Co in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.70. Good Will Instrument Co's value of 15.64% is 479.3% above this benchmark. Historically, Good Will Instrument Co's own Net Margin % has ranged from 8.63 to 14.41 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 2.70, Good Will Instrument Co 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 Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 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. Good Will Instrument Co's current Net Margin % of 15.64% is 479.3% 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 Good Will Instrument Co and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current Net Margin % is 15.64%, which is 26% above median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.45, compared to a current price of NT$73.50 — trading 77.3% above its estimated fair value. The current Net Margin % is 15.64%, which is 26% above median its 10-year median of 12.46 and 479.3% above the Hardware industry median of 2.70. Good Will Instrument Co's overall GF Score™ is 75/100 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 Good Will Instrument Co (TPE:2423), the current Net Margin % is 15.64% 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?
Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued.
The current stock price of NT$73.50 is trading 77.3% above its estimated GF Value™ of NT$41.45.
GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.
Key valuation signals for TPE:2423:
Net Margin %: 15.64% (26% above median its 10-year median of 12.46)
GF Value™: NT$41.45 vs. price of NT$73.50 (77.3% above fair value)
Industry Position: 479.3% above the Hardware median (#297 of 2473)
No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF 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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