Taiwan Cogeneration (TPE:8926) Net Margin %: 21.71% (As of Dec. 2025) — 17% Above Median


TPE:8926 Taiwan Cogeneration Corp TPE:8926
75 GF Score
Price NT$81.90
GF Value NT$43.26
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Taiwan Cogeneration Net Margin %?

Taiwan Cogeneration TPE:8926 -0.36% 75 Net Margin % is 21.71% as of Dec. 2025, which is 17% above its 10-year median of 18.53. GuruFocus rates TPE:8926 with a GF Score™ of 75/100 and a GF Value™ of NT$43.26 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,766 Construction companies, Taiwan Cogeneration ranks better than 95.53% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Taiwan Cogeneration's Net Income for the three months ended in Dec. 2025 was NT$427 Mil. Taiwan Cogeneration's Revenue for the three months ended in Dec. 2025 was NT$1,967 Mil. Therefore, Taiwan Cogeneration's net margin for the quarter that ended in Dec. 2025 was 21.71%.

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

TPE:8926' s Net Margin % Range Over the Past 10 Years
Min: 11.47   Med: 18.53   Max: 80.56
Current: 23.49


TPE:8926's Net Margin % is ranked better than
95.53% of 1766 companies
in the Construction industry
Industry Median: 3.92 vs TPE:8926: 23.49

Taiwan Cogeneration  (TPE:8926) 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 Cogeneration Net Margin % Related Terms


Taiwan Cogeneration Net Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration'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 Cogeneration Net Margin % Chart

Taiwan Cogeneration 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 14.01 19.42 23.70 14.78 23.49

Taiwan Cogeneration 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 14.81 18.02 38.19 9.70 21.71

TPE:8926 vs PWR, FIX, EME: Net Margin % Comparison

For the Engineering & Construction subindustry, Taiwan Cogeneration'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 Cogeneration Net Margin % vs Construction Industry

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

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


TPE:8926
75GF Score
Taiwan Cogeneration Corp TPE:8926
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Cogeneration 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 Cogeneration'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 )
=1787.857/7611.519
=23.49 %

Taiwan Cogeneration'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 )
=427.147/1967.419
=21.71 %

* 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 21.71% mean?
Taiwan Cogeneration (TPE:8926) has a Net Margin % of 21.71% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Taiwan Cogeneration and its competitors. This is 17% above median its historical median of 18.53. Over the past decade, Taiwan Cogeneration's Net Margin % has ranged from 11.47 to 80.56. According to the industry distribution chart, Taiwan Cogeneration ranks #79 out of 1766 companies in the Construction industry, placing it in the top 4.5%.
Is Taiwan Cogeneration's Net Margin % too high?
Taiwan Cogeneration's current Net Margin % of 21.71% is 17% above median its 10-year median of 18.53. Over the past 10 years, this metric has ranged from a low of 11.47 to a high of 80.56. The Construction industry median Net Margin % is 3.92. Taiwan Cogeneration's value of 21.71% is 453.8% above this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #79 out of 1766 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Cogeneration has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #79 out of 1766 companies for Net Margin %. This places Taiwan Cogeneration in the top 5% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.92. Taiwan Cogeneration's value of 21.71% is 453.8% above this benchmark. Historically, Taiwan Cogeneration's own Net Margin % has ranged from 11.47 to 80.56 over the past decade. While the company's 10-year median is 18.53 vs. the industry median of 3.92, Taiwan Cogeneration 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 Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 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 Cogeneration's current Net Margin % of 21.71% is 453.8% 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 Cogeneration and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current Net Margin % is 21.71%, which is 17% above median its own 10-year median of 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.26, compared to a current price of NT$81.90 — trading 89.3% above its estimated fair value. The current Net Margin % is 21.71%, which is 17% above median its 10-year median of 18.53 and 453.8% above the Construction industry median of 3.92. Taiwan Cogeneration's overall GF Score™ is 75/100 with 12 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 Cogeneration (TPE:8926), the current Net Margin % is 21.71% 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued. The current stock price of NT$81.90 is trading 89.3% above its estimated GF Value™ of NT$43.26. GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.

Key valuation signals for TPE:8926:

  • Net Margin %: 21.71% (17% above median its 10-year median of 18.53)
  • GF Value™: NT$43.26 vs. price of NT$81.90 (89.3% above fair value)
  • GF Score™: 75/100 with 12 warning signs
  • Industry Position: 453.8% above the Construction median (#79 of 1766)

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
75GF Score

Get the complete analysis for TPE:8926

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

NT$81.90
Price
NT$43.26
GF Value