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Top High ImageROCO:3284 +1.38%59 Net Margin % is 48.99% as of Dec. 2025, which is 718% above its 10-year median of 5.99. GuruFocus rates ROCO:3284 with a GF Score™ of 59/100 and a GF Value™ of NT$19.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,031 Industrial Products companies, Top High Image ranks better than 97.56% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Top High Image's Net Income for the
three
months ended in Dec. 2025 was NT$117.4 Mil. Top High Image's Revenue for the
three
months ended in Dec. 2025 was NT$239.8 Mil. Therefore, Top High Image's net margin for the quarter that ended in Dec. 2025 was 48.99%.
The historical rank and industry rank for Top High Image's Net Margin % or its related term are showing as below:
ROCO:3284'
s Net Margin % Range Over the Past 10 Years
Min: -11.76 Med: 5.99 Max: 28
Current: 28
ROCO:3284's Net Margin % is ranked better than 97.56% of 3031
companies
in the Industrial Products industry
Industry Median: 4.5
vs ROCO:3284: 28.00
Top High Image (ROCO:3284) 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.
Top High Image Net Margin % Related Terms
Top High Image Net Margin % Historical Data
* Premium members only.
The historical data trend for Top High Image'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.
ROCO:3284 vs GEV, ETN, PH: Net Margin % Comparison
For the Specialty Industrial Machinery subindustry, Top High Image'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.
Top High Image Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Top High Image's Net Margin % distribution charts can be found below:
* The bar in red indicates where Top High Image's Net Margin % falls into.
* 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.
Top High Image (ROCO:3284) has a Net Margin % of 48.99% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Top High Image and its competitors. This is 718% above median its historical median of 5.99. According to the industry distribution chart, Top High Image ranks #74 out of 3031 companies in the Industrial Products industry, placing it in the top 2.4%.
Is Top High Image's Net Margin % too high?
Top High Image's current Net Margin % of 48.99% is 718% above median its 10-year median of 5.99. The Industrial Products industry median Net Margin % is 4.50. Top High Image's value of 48.99% is 988.7% above this industry median. Based on the distribution chart, Top High Image ranks #74 out of 3031 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Top High Image has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top High Image's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Top High Image ranks #74 out of 3031 companies for Net Margin %. This places Top High Image in the top 2% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.50. Top High Image's value of 48.99% is 988.7% above this benchmark. While the company's 10-year median is 5.99 vs. the industry median of 4.50, Top High Image 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 Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.50, based on 3,031 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. Top High Image's current Net Margin % of 48.99% is 988.7% 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 Top High Image and its competitors. For the Industrial Products industry, the median Net Margin % is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top High Image's current Net Margin % is 48.99%, which is 718% above median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top High Image stock overvalued right now?
Based on GuruFocus' analysis, Top High Image (ROCO:3284) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.54, compared to a current price of NT$25.80 — trading 32% above its estimated fair value. The current Net Margin % is 48.99%, which is 718% above median its 10-year median of 5.99 and 988.7% above the Industrial Products industry median of 4.50. Top High Image's overall GF Score™ is 59/100 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 Top High Image (ROCO:3284), the current Net Margin % is 48.99% 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 Top High Image (ROCO:3284) Overvalued in 2026?
Based on GuruFocus' analysis, Top High Image stock appears to be overvalued.
The current stock price of NT$25.80 is trading 32% above its estimated GF Value™ of NT$19.54.
GuruFocus considers Top High Image to be Significantly Overvalued.
Key valuation signals for ROCO:3284:
Net Margin %: 48.99% (718% above median its 10-year median of 5.99)
GF Value™: NT$19.54 vs. price of NT$25.80 (32% above fair value)
Industry Position: 988.7% above the Industrial Products median (#74 of 3031)
No single metric tells the full story. See the ROCO:3284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top High Image Corp. is a company based in Kaohsiung, Taiwan, specializing in manufacturing and selling offset printing plates and printing consumables. It offers a wide range of printing plates, including process-free, thermal CTP, positive thermal CTP, and conventional plates used in various printing applications like brochures, newspapers, packaging, and labels. Besides printing plates, it also deals in trading and services, food manufacturing and wholesale, advertising, and real estate agency and leasing services. The main source of income for the company was through the sales of pre-sensitized plates and the land through a joint construction and sub-sales project as well as a real estate agency.
59GF Score
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