Taiwan Fire & Marine Insurance Co (TPE:2832) Net Margin %: 17.00% (As of Dec. 2025) — 29% Above Median


TPE:2832 Taiwan Fire & Marine Insurance Co Ltd TPE:2832
69 GF Score
Price NT$55.80
GF Value NT$41.10
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Taiwan Fire & Marine Insurance Co Net Margin %?

Taiwan Fire & Marine Insurance Co TPE:2832 -1.41% 69 Net Margin % is 17.00% as of Dec. 2025, which is 29% above its 10-year median of 13.22. GuruFocus rates TPE:2832 with a GF Score™ of 69/100 and a GF Value™ of NT$41.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 501 Insurance companies, Taiwan Fire & Marine Insurance Co ranks better than 78.04% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Taiwan Fire & Marine Insurance Co's Net Income for the three months ended in Dec. 2025 was NT$309 Mil. Taiwan Fire & Marine Insurance Co's Revenue for the three months ended in Dec. 2025 was NT$1,815 Mil. Therefore, Taiwan Fire & Marine Insurance Co's net margin for the quarter that ended in Dec. 2025 was 17.00%.

The historical rank and industry rank for Taiwan Fire & Marine Insurance Co's Net Margin % or its related term are showing as below:

TPE:2832' s Net Margin % Range Over the Past 10 Years
Min: 4.99   Med: 13.22   Max: 17.03
Current: 17.03


TPE:2832's Net Margin % is ranked better than
78.04% of 501 companies
in the Insurance industry
Industry Median: 9.29 vs TPE:2832: 17.03

Taiwan Fire & Marine Insurance Co  (TPE:2832) 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 Fire & Marine Insurance Co Net Margin % Related Terms


Taiwan Fire & Marine Insurance Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan Fire & Marine Insurance 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.

Taiwan Fire & Marine Insurance Co Net Margin % Chart

Taiwan Fire & Marine Insurance 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 4.99 11.02 14.49 15.98 17.03

Taiwan Fire & Marine Insurance 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 10.02 18.23 13.25 19.21 17.00

TPE:2832 vs CB, PGR, TRV: Net Margin % Comparison

For the Insurance - Property & Casualty subindustry, Taiwan Fire & Marine Insurance 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.


Taiwan Fire & Marine Insurance Co Net Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Fire & Marine Insurance Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Fire & Marine Insurance Co's Net Margin % falls into.


TPE:2832
69GF Score
Taiwan Fire & Marine Insurance Co Ltd TPE:2832
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Fire & Marine Insurance 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.

Taiwan Fire & Marine Insurance 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 )
=1242.577/7296.008
=17.03 %

Taiwan Fire & Marine Insurance 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 )
=308.516/1815.139
=17.00 %

* 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 17.00% mean?
Taiwan Fire & Marine Insurance Co (TPE:2832) has a Net Margin % of 17.00% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Taiwan Fire & Marine Insurance Co and its competitors. This is 29% above median its historical median of 13.22. Over the past decade, Taiwan Fire & Marine Insurance Co's Net Margin % has ranged from 4.99 to 17.03. According to the industry distribution chart, Taiwan Fire & Marine Insurance Co ranks #110 out of 501 companies in the Insurance industry, placing it in the top 22%.
Is Taiwan Fire & Marine Insurance Co's Net Margin % too high?
Taiwan Fire & Marine Insurance Co's current Net Margin % of 17.00% is 29% above median its 10-year median of 13.22. Over the past 10 years, this metric has ranged from a low of 4.99 to a high of 17.03. The Insurance industry median Net Margin % is 9.29. Taiwan Fire & Marine Insurance Co's value of 17.00% is 83% above this industry median. Based on the distribution chart, Taiwan Fire & Marine Insurance Co ranks #110 out of 501 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Fire & Marine Insurance Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Fire & Marine Insurance Co's Net Margin % compare to CB and PGR?
According to the Insurance industry distribution chart, Taiwan Fire & Marine Insurance Co ranks #110 out of 501 companies for Net Margin %. This places Taiwan Fire & Marine Insurance Co in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.29. Taiwan Fire & Marine Insurance Co's value of 17.00% is 83% above this benchmark. Historically, Taiwan Fire & Marine Insurance Co's own Net Margin % has ranged from 4.99 to 17.03 over the past decade. While the company's 10-year median is 13.22 vs. the industry median of 9.29, Taiwan Fire & Marine Insurance 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 an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 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 Fire & Marine Insurance Co's current Net Margin % of 17.00% is 83% 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 Fire & Marine Insurance Co and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Fire & Marine Insurance Co's current Net Margin % is 17.00%, which is 29% above median its own 10-year median of 13.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Fire & Marine Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Fire & Marine Insurance Co (TPE:2832) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.10, compared to a current price of NT$55.80 — trading 35.8% above its estimated fair value. The current Net Margin % is 17.00%, which is 29% above median its 10-year median of 13.22 and 83% above the Insurance industry median of 9.29. Taiwan Fire & Marine Insurance Co's overall GF Score™ is 69/100 with 6 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 Fire & Marine Insurance Co (TPE:2832), the current Net Margin % is 17.00% 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 Taiwan Fire & Marine Insurance Co (TPE:2832) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Fire & Marine Insurance Co stock appears to be overvalued. The current stock price of NT$55.80 is trading 35.8% above its estimated GF Value™ of NT$41.10. GuruFocus considers Taiwan Fire & Marine Insurance Co to be Significantly Overvalued.

Key valuation signals for TPE:2832:

  • Net Margin %: 17.00% (29% above median its 10-year median of 13.22)
  • GF Value™: NT$41.10 vs. price of NT$55.80 (35.8% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 83% above the Insurance median (#110 of 501)

No single metric tells the full story. See the TPE:2832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Fire & Marine Insurance Co Business Description

Address No. 49, Guanqian Road, 8th Floor, Zhongzheng District, Taipei, TWN, 100
Taiwan Fire & Marine Insurance Co Ltd is a non-life insurer. The products offered by the Company include aviation insurance, fire insurance, marine insurance, casualty insurance, automobile insurance, as well as the reinsurances for the abovementioned insurances.
69GF Score

Get the complete analysis for TPE:2832

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

NT$55.80
Price
NT$41.10
GF Value