Excelsior Medical Co (TPE:4104) Net Margin %: 8.76% (As of Mar. 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:4104 Excelsior Medical Co Ltd TPE:4104
87 GF Score
Price NT$70.80
GF Value NT$87.68
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Excelsior Medical Co Net Margin %?

Excelsior Medical Co TPE:4104 -0.28% 87 Net Margin % is 8.76% as of Mar. 2026, which is 0% below its 10-year median of 8.80. GuruFocus rates TPE:4104 with a GF Score™ of 87/100 and a GF Value™ of NT$87.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 118 Medical Distribution companies, Excelsior Medical Co ranks better than 91.53% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Excelsior Medical Co's Net Income for the three months ended in Mar. 2026 was NT$205 Mil. Excelsior Medical Co's Revenue for the three months ended in Mar. 2026 was NT$2,343 Mil. Therefore, Excelsior Medical Co's net margin for the quarter that ended in Mar. 2026 was 8.76%.

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

TPE:4104' s Net Margin % Range Over the Past 10 Years
Min: 6.28   Med: 8.8   Max: 9.29
Current: 9.08


TPE:4104's Net Margin % is ranked better than
91.53% of 118 companies
in the Medical Distribution industry
Industry Median: 1.425 vs TPE:4104: 9.08

Excelsior Medical Co  (TPE:4104) 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.


Excelsior Medical Co Net Margin % Related Terms


Excelsior Medical Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Excelsior Medical 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.

Excelsior Medical Co Net Margin % Chart

Excelsior Medical 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 9.24 9.29 9.07 9.03 9.17

Excelsior Medical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.08 10.60 8.53 8.50 8.76

TPE:4104 vs MCK, COR, CAH: Net Margin % Comparison

For the Medical Distribution subindustry, Excelsior Medical 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.


Excelsior Medical Co Net Margin % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Excelsior Medical Co's Net Margin % distribution charts can be found below:

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


TPE:4104
87GF Score
Excelsior Medical Co Ltd TPE:4104
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excelsior Medical 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.

Excelsior Medical 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 )
=805.86/8789.236
=9.17 %

Excelsior Medical Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=205.18/2342.958
=8.76 %

* 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 8.76% mean?
Excelsior Medical Co (TPE:4104) has a Net Margin % of 8.76% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Excelsior Medical Co and its competitors. This is near median its historical median of 8.80. Over the past decade, Excelsior Medical Co's Net Margin % has ranged from 6.28 to 9.29. According to the industry distribution chart, Excelsior Medical Co ranks #10 out of 118 companies in the Medical Distribution industry, placing it in the top 8.5%.
Is Excelsior Medical Co's Net Margin % too high?
Excelsior Medical Co's current Net Margin % of 8.76% is near median its 10-year median of 8.80. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 9.29. The Medical Distribution industry median Net Margin % is 1.43. Excelsior Medical Co's value of 8.76% is 514.7% above this industry median. Based on the distribution chart, Excelsior Medical Co ranks #10 out of 118 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Excelsior Medical Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excelsior Medical Co's Net Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Excelsior Medical Co ranks #10 out of 118 companies for Net Margin %. This places Excelsior Medical Co in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.43. Excelsior Medical Co's value of 8.76% is 514.7% above this benchmark. Historically, Excelsior Medical Co's own Net Margin % has ranged from 6.28 to 9.29 over the past decade. While the company's 10-year median is 8.80 vs. the industry median of 1.43, Excelsior Medical 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 Medical Distribution company?
The median Net Margin % among Medical Distribution companies is 1.43, based on 118 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. Excelsior Medical Co's current Net Margin % of 8.76% is 514.7% 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 Excelsior Medical Co and its competitors. For the Medical Distribution industry, the median Net Margin % is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excelsior Medical Co's current Net Margin % is 8.76%, which is near median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excelsior Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Excelsior Medical Co (TPE:4104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$87.68, compared to a current price of NT$70.80 — trading 19.3% below its estimated fair value. The current Net Margin % is 8.76%, which is near median its 10-year median of 8.80 and 514.7% above the Medical Distribution industry median of 1.43. Excelsior Medical Co's overall GF Score™ is 87/100 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 Excelsior Medical Co (TPE:4104), the current Net Margin % is 8.76% as of Mar. 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 Excelsior Medical Co (TPE:4104) Overvalued in 2026?

Based on GuruFocus' analysis, Excelsior Medical Co stock appears to be undervalued. The current stock price of NT$70.80 is trading 19.3% below its estimated GF Value™ of NT$87.68. GuruFocus considers Excelsior Medical Co to be Modestly Undervalued.

Key valuation signals for TPE:4104:

  • Net Margin %: 8.76% (near median its 10-year median of 8.80)
  • GF Value™: NT$87.68 vs. price of NT$70.80 (19.3% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 514.7% above the Medical Distribution median (#10 of 118)

No single metric tells the full story. See the TPE:4104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excelsior Medical Co Business Description

Address Zhongzheng Road, No. 880, 17th Floor, Zhonghe District, New Taipei City, TWN, 235
Excelsior Medical Co Ltd is engaged in the sale of medical supplies and medicines, home medical devices, and medical equipment with brand names of local and foreign manufacturers. Its product offerings include Fasflo hollow fiber dialyzer, Renabio sodium chloride injection, acid concentrates, Sunder blood purification tubing set, JMS blood bags, etc. The Group's reportable segments include Excelsior, Dynamic, Arich, and Others. Maximum revenue is generated from the Excelsior segment. Geographically, it derives key revenue from Taiwan and also has a presence in Hong Kong, China, the Philippines, Malaysia, and Indonesia.
87GF Score

Get the complete analysis for TPE:4104

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

NT$70.80
Price
NT$87.68
GF Value