Taiwan High Speed Rail (TPE:2633) Net Margin %: 11.90% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2633 Taiwan High Speed Rail Corp TPE:2633
62 GF Score
Price NT$25.95
GF Value NT$30.91
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Taiwan High Speed Rail Net Margin %?

Taiwan High Speed Rail TPE:2633 +0.39% 62 Net Margin % is 11.90% as of Jun. 2026, which is 3% below its 10-year median of 12.21. GuruFocus rates TPE:2633 with a GF Score™ of 62/100 and a GF Value™ of NT$30.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,013 Transportation companies, Taiwan High Speed Rail ranks better than 73.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Taiwan High Speed Rail's Net Income for the three months ended in Jun. 2026 was NT$1,656 Mil. Taiwan High Speed Rail's Revenue for the three months ended in Jun. 2026 was NT$13,922 Mil. Therefore, Taiwan High Speed Rail's net margin for the quarter that ended in Jun. 2026 was 11.90%.

The historical rank and industry rank for Taiwan High Speed Rail's Net Margin % or its related term are showing as below:

TPE:2633' s Net Margin % Range Over the Past 10 Years
Min: 10.15   Med: 12.21   Max: 23.55
Current: 12.28


TPE:2633's Net Margin % is ranked better than
73.94% of 1013 companies
in the Transportation industry
Industry Median: 5 vs TPE:2633: 12.28

Taiwan High Speed Rail  (TPE:2633) 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.


Taiwan High Speed Rail Net Margin % Related Terms


Taiwan High Speed Rail Net Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan High Speed Rail'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.

Taiwan High Speed Rail Net Margin % Chart

Taiwan High Speed Rail 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 11.95 10.15 15.71 12.13 12.04

Taiwan High Speed Rail Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.18 11.39 10.79 15.10 11.90

TPE:2633 vs UNP, CSX, NSC: Net Margin % Comparison

For the Railroads subindustry, Taiwan High Speed Rail'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.


Taiwan High Speed Rail Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan High Speed Rail's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan High Speed Rail's Net Margin % falls into.


TPE:2633
62GF Score
Taiwan High Speed Rail Corp TPE:2633
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan High Speed Rail 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.

Taiwan High Speed Rail'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 )
=6580.187/54648.456
=12.04 %

Taiwan High Speed Rail's Net Margin for the quarter that ended in Jun. 2026 is calculated as

Net Margin=Net Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=1656.434/13921.535
=11.90 %

* 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 11.90% mean?
Taiwan High Speed Rail (TPE:2633) has a Net Margin % of 11.90% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Taiwan High Speed Rail and its competitors. This is near median its historical median of 12.21. Over the past decade, Taiwan High Speed Rail's Net Margin % has ranged from 10.15 to 23.55. According to the industry distribution chart, Taiwan High Speed Rail ranks #264 out of 1013 companies in the Transportation industry, placing it in the top 26.1%.
Is Taiwan High Speed Rail's Net Margin % too high?
Taiwan High Speed Rail's current Net Margin % of 11.90% is near median its 10-year median of 12.21. Over the past 10 years, this metric has ranged from a low of 10.15 to a high of 23.55. The Transportation industry median Net Margin % is 5.00. Taiwan High Speed Rail's value of 11.90% is 138% above this industry median. Based on the distribution chart, Taiwan High Speed Rail ranks #264 out of 1013 companies in the Transportation industry, which is above the industry midpoint. Overall, Taiwan High Speed Rail has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan High Speed Rail's Net Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan High Speed Rail ranks #264 out of 1013 companies for Net Margin %. This puts Taiwan High Speed Rail in the upper half of its industry. The industry median Net Margin % is 5.00. Taiwan High Speed Rail's value of 11.90% is 138% above this benchmark. Historically, Taiwan High Speed Rail's own Net Margin % has ranged from 10.15 to 23.55 over the past decade. While the company's 10-year median is 12.21 vs. the industry median of 5.00, Taiwan High Speed Rail 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 Transportation company?
The median Net Margin % among Transportation companies is 5.00, based on 1,013 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. Taiwan High Speed Rail's current Net Margin % of 11.90% is 138% 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 Taiwan High Speed Rail and its competitors. For the Transportation industry, the median Net Margin % is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan High Speed Rail's current Net Margin % is 11.90%, which is near median its own 10-year median of 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan High Speed Rail stock overvalued right now?
Based on GuruFocus' analysis, Taiwan High Speed Rail (TPE:2633) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.91, compared to a current price of NT$25.95 — trading 16% below its estimated fair value. The current Net Margin % is 11.90%, which is near median its 10-year median of 12.21 and 138% above the Transportation industry median of 5.00. Taiwan High Speed Rail's overall GF Score™ is 62/100 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 Taiwan High Speed Rail (TPE:2633), the current Net Margin % is 11.90% as of Jun. 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 Taiwan High Speed Rail (TPE:2633) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan High Speed Rail stock appears to be undervalued. The current stock price of NT$25.95 is trading 16% below its estimated GF Value™ of NT$30.91. GuruFocus considers Taiwan High Speed Rail to be Modestly Undervalued.

Key valuation signals for TPE:2633:

  • Net Margin %: 11.90% (near median its 10-year median of 12.21)
  • GF Value™: NT$30.91 vs. price of NT$25.95 (16% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 138% above the Transportation median (#264 of 1013)

No single metric tells the full story. See the TPE:2633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan High Speed Rail Business Description

Address No. 66, Jingmao 2nd Road, 13th Floor, Nangang District, Taipei, TWN, 11568
Taiwan High Speed Rail Corp is principally engaged in the construction and operation of high-speed rail in Taiwan. Railway transportation revenue is the source of operating revenue for the company.
62GF Score

Get the complete analysis for TPE:2633

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

NT$25.95
Price
NT$30.91
GF Value