Bes Engineering Co (TPE:2515) Net Margin %: 3.71% (As of Dec. 2025) — 17% Above Median


TPE:2515 Bes Engineering Co TPE:2515
79 GF Score
Price NT$12.95
GF Value NT$14.81
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Bes Engineering Co Net Margin %?

Bes Engineering Co TPE:2515 -0.77% 79 Net Margin % is 3.71% as of Dec. 2025, which is 17% above its 10-year median of 3.18. GuruFocus rates TPE:2515 with a GF Score™ of 79/100 and a GF Value™ of NT$14.81 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,761 Construction companies, Bes Engineering Co ranks worse than 55.54% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Bes Engineering Co's Net Income for the three months ended in Dec. 2025 was NT$224 Mil. Bes Engineering Co's Revenue for the three months ended in Dec. 2025 was NT$6,042 Mil. Therefore, Bes Engineering Co's net margin for the quarter that ended in Dec. 2025 was 3.71%.

The historical rank and industry rank for Bes Engineering Co's Net Margin % or its related term are showing as below:

TPE:2515' s Net Margin % Range Over the Past 10 Years
Min: 2.49   Med: 3.18   Max: 15.57
Current: 3.07


TPE:2515's Net Margin % is ranked worse than
55.54% of 1761 companies
in the Construction industry
Industry Median: 3.91 vs TPE:2515: 3.07

Bes Engineering Co  (TPE:2515) 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.


Bes Engineering Co Net Margin % Related Terms


Bes Engineering Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Bes Engineering Co'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.

Bes Engineering Co Net Margin % Chart

Bes Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.57 5.44 3.30 3.01 3.07

Bes Engineering Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Margin % 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 2.85 2.48 3.21 2.76 3.71

TPE:2515 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, Bes Engineering 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.


Bes Engineering Co Net Margin % vs Construction Industry

For the Construction industry and Industrials sector, Bes Engineering Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bes Engineering Co's Net Margin % falls into.


TPE:2515
79GF Score
Bes Engineering Co TPE:2515
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bes Engineering Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bes Engineering Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=635.94/20718.434
=3.07 %

Bes Engineering Co's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=224.077/6042.444
=3.71 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.71% mean?
Bes Engineering Co (TPE:2515) has a Net Margin % of 3.71% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Bes Engineering Co and its competitors. This is 17% above median its historical median of 3.18. Over the past decade, Bes Engineering Co's Net Margin % has ranged from 2.49 to 15.57. According to the industry distribution chart, Bes Engineering Co ranks #978 out of 1761 companies in the Construction industry, placing it in the top 55.5%.
Is Bes Engineering Co's Net Margin % too high?
Bes Engineering Co's current Net Margin % of 3.71% is 17% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 15.57. The Construction industry median Net Margin % is 3.91. Bes Engineering Co's value of 3.71% is 5.1% below this industry median. Based on the distribution chart, Bes Engineering Co ranks #978 out of 1761 companies in the Construction industry, which is below the industry midpoint. Overall, Bes Engineering Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #978 out of 1761 companies for Net Margin %. This places Bes Engineering Co in the lower half of its industry. The industry median Net Margin % is 3.91. Bes Engineering Co's value of 3.71% is 5.1% below this benchmark. Historically, Bes Engineering Co's own Net Margin % has ranged from 2.49 to 15.57 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 3.91, Bes Engineering Co has consistently been below 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 Construction company?
The median Net Margin % among Construction companies is 3.91, based on 1,761 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. Bes Engineering Co's current Net Margin % of 3.71% is 5.1% below 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 Bes Engineering Co and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current Net Margin % is 3.71%, which is 17% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.81, compared to a current price of NT$12.95 — trading 12.6% below its estimated fair value. The current Net Margin % is 3.71%, which is 17% above median its 10-year median of 3.18 and 5.1% below the Construction industry median of 3.91. Bes Engineering Co's overall GF Score™ is 79/100 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 Bes Engineering Co (TPE:2515), the current Net Margin % is 3.71% 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?

Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued. The current stock price of NT$12.95 is trading 12.6% below its estimated GF Value™ of NT$14.81. GuruFocus considers Bes Engineering Co to be Modestly Undervalued.

Key valuation signals for TPE:2515:

  • Net Margin %: 3.71% (17% above median its 10-year median of 3.18)
  • GF Value™: NT$14.81 vs. price of NT$12.95 (12.6% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 5.1% below the Construction median (#978 of 1761)

No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bes Engineering Co Business Description

Address 6th Floor, No. 12, Dongxing Road, Songshan District, Taipei, TWN
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
79GF Score

Get the complete analysis for TPE:2515

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

NT$12.95
Price
NT$14.81
GF Value