ICP DAS Co (ROCO:3577) Net Margin %: 13.47% (As of Dec. 2025) — 12% Above Median

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ROCO:3577 ICP DAS Co Ltd ROCO:3577
70 GF Score
Price NT$132.50
GF Value NT$68.28
Valuation Significantly Overvalued
! 2 Warning Signs
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What is ICP DAS Co Net Margin %?

ICP DAS Co ROCO:3577 +5.58% 70 Net Margin % is 13.47% as of Dec. 2025, which is 12% above its 10-year median of 12.05. GuruFocus rates ROCO:3577 with a GF Score™ of 70/100 and a GF Value™ of NT$68.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,480 Hardware companies, ICP DAS Co ranks better than 86.05% on this metric.

Net margin is calculated as Net Income divided by its Revenue. ICP DAS Co's Net Income for the three months ended in Dec. 2025 was NT$41 Mil. ICP DAS Co's Revenue for the three months ended in Dec. 2025 was NT$304 Mil. Therefore, ICP DAS Co's net margin for the quarter that ended in Dec. 2025 was 13.47%.

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

ROCO:3577' s Net Margin % Range Over the Past 10 Years
Min: 5.27   Med: 12.05   Max: 18.91
Current: 12.95


ROCO:3577's Net Margin % is ranked better than
86.05% of 2480 companies
in the Hardware industry
Industry Median: 2.71 vs ROCO:3577: 12.95

ICP DAS Co  (ROCO:3577) 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.


ICP DAS Co Net Margin % Related Terms


ICP DAS Co Net Margin % Historical Data

* Premium members only.

The historical data trend for ICP DAS 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.

ICP DAS Co Net Margin % Chart

ICP DAS 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 16.38 18.91 8.06 9.69 12.95

ICP DAS 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 4.79 15.70 11.66 10.46 13.47

ROCO:3577 vs CSCO, CIEN, MSI: Net Margin % Comparison

For the Communication Equipment subindustry, ICP DAS 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.


ICP DAS Co Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, ICP DAS Co's Net Margin % distribution charts can be found below:

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


ROCO:3577
70GF Score
ICP DAS Co Ltd ROCO:3577
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICP DAS 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.

ICP DAS 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 )
=151.795/1171.923
=12.95 %

ICP DAS 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 )
=41.007/304.453
=13.47 %

* 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 13.47% mean?
ICP DAS Co (ROCO:3577) has a Net Margin % of 13.47% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on ICP DAS Co and its competitors. This is 12% above median its historical median of 12.05. Over the past decade, ICP DAS Co's Net Margin % has ranged from 5.27 to 18.91. According to the industry distribution chart, ICP DAS Co ranks #346 out of 2480 companies in the Hardware industry, placing it in the top 14%.
Is ICP DAS Co's Net Margin % too high?
ICP DAS Co's current Net Margin % of 13.47% is 12% above median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 18.91. The Hardware industry median Net Margin % is 2.71. ICP DAS Co's value of 13.47% is 397% above this industry median. Based on the distribution chart, ICP DAS Co ranks #346 out of 2480 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ICP DAS Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICP DAS Co's Net Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ICP DAS Co ranks #346 out of 2480 companies for Net Margin %. This places ICP DAS Co in the top 14% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.71. ICP DAS Co's value of 13.47% is 397% above this benchmark. Historically, ICP DAS Co's own Net Margin % has ranged from 5.27 to 18.91 over the past decade. While the company's 10-year median is 12.05 vs. the industry median of 2.71, ICP DAS 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 Hardware company?
The median Net Margin % among Hardware companies is 2.71, based on 2,480 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. ICP DAS Co's current Net Margin % of 13.47% is 397% 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 ICP DAS Co and its competitors. For the Hardware industry, the median Net Margin % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICP DAS Co's current Net Margin % is 13.47%, which is 12% above median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICP DAS Co stock overvalued right now?
Based on GuruFocus' analysis, ICP DAS Co (ROCO:3577) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$68.28, compared to a current price of NT$132.50 — trading 94.1% above its estimated fair value. The current Net Margin % is 13.47%, which is 12% above median its 10-year median of 12.05 and 397% above the Hardware industry median of 2.71. ICP DAS Co's overall GF Score™ is 70/100 with 2 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 ICP DAS Co (ROCO:3577), the current Net Margin % is 13.47% 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 ICP DAS Co (ROCO:3577) Overvalued in 2026?

Based on GuruFocus' analysis, ICP DAS Co stock appears to be overvalued. The current stock price of NT$132.50 is trading 94.1% above its estimated GF Value™ of NT$68.28. GuruFocus considers ICP DAS Co to be Significantly Overvalued.

Key valuation signals for ROCO:3577:

  • Net Margin %: 13.47% (12% above median its 10-year median of 12.05)
  • GF Value™: NT$68.28 vs. price of NT$132.50 (94.1% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 397% above the Hardware median (#346 of 2480)

No single metric tells the full story. See the ROCO:3577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICP DAS Co Business Description

Address No. 111, Guangfu North Road, Hsinchu Industrial Zone, Hukou Township, Hsinchu, TWN, 30351
ICP DAS Co Ltd is a Taiwan based company engaged in the production and sale of industrial computer hardware, software and peripheral equipment. Its products include programmable automation controllers, PC based I/O boards, machine automation products, industrial communication products, wireless modems, intelligent power meters and others. The company also geographically operates in Taiwan, Mainland China, United States, Germany, UAE and Others. It derives maximum revenue from Taiwan.
70GF Score

Get the complete analysis for ROCO:3577

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

NT$132.50
Price
NT$68.28
GF Value