Mustang Industrial (ROCO:5460) Net Margin %: 2.51% (As of Dec. 2025) — 89% Above Median

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ROCO:5460 Mustang Industrial Corp ROCO:5460
61 GF Score
Price NT$16.60
GF Value NT$9.63
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mustang Industrial Net Margin %?

Mustang Industrial ROCO:5460 -0.30% 61 Net Margin % is 2.51% as of Dec. 2025, which is 89% above its 10-year median of 1.33. GuruFocus rates ROCO:5460 with a GF Score™ of 61/100 and a GF Value™ of NT$9.63 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,032 Industrial Products companies, Mustang Industrial ranks worse than 81.07% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Mustang Industrial's Net Income for the three months ended in Dec. 2025 was NT$1.4 Mil. Mustang Industrial's Revenue for the three months ended in Dec. 2025 was NT$56.6 Mil. Therefore, Mustang Industrial's net margin for the quarter that ended in Dec. 2025 was 2.51%.

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

ROCO:5460' s Net Margin % Range Over the Past 10 Years
Min: -5.16   Med: 1.33   Max: 6.55
Current: -4.39


ROCO:5460's Net Margin % is ranked worse than
81.07% of 3032 companies
in the Industrial Products industry
Industry Median: 4.5 vs ROCO:5460: -4.39

Mustang Industrial  (ROCO:5460) 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.


Mustang Industrial Net Margin % Related Terms


Mustang Industrial Net Margin % Historical Data

* Premium members only.

The historical data trend for Mustang Industrial'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.

Mustang Industrial Net Margin % Chart

Mustang Industrial 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 0.09 -5.16 -3.35 4.77 -4.39

Mustang Industrial 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 8.68 -1.70 -21.96 5.13 2.51

ROCO:5460 vs CRS, ATI, MLI: Net Margin % Comparison

For the Metal Fabrication subindustry, Mustang Industrial'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.


Mustang Industrial Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mustang Industrial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mustang Industrial's Net Margin % falls into.


ROCO:5460
61GF Score
Mustang Industrial Corp ROCO:5460
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mustang Industrial 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.

Mustang Industrial'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 )
=-10.235/233.338
=-4.39 %

Mustang Industrial'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 )
=1.424/56.631
=2.51 %

* 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 2.51% mean?
Mustang Industrial (ROCO:5460) has a Net Margin % of 2.51% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Mustang Industrial and its competitors. This is 89% above median its historical median of 1.33. According to the industry distribution chart, Mustang Industrial ranks #2458 out of 3032 companies in the Industrial Products industry, placing it in the top 81.1%.
Is Mustang Industrial's Net Margin % too high?
Mustang Industrial's current Net Margin % of 2.51% is 89% above median its 10-year median of 1.33. The Industrial Products industry median Net Margin % is 4.50. Mustang Industrial's value of 2.51% is 44.2% below this industry median. Based on the distribution chart, Mustang Industrial ranks #2458 out of 3032 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mustang Industrial has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustang Industrial's Net Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Mustang Industrial ranks #2458 out of 3032 companies for Net Margin %. This places Mustang Industrial in the lower half of its industry. The industry median Net Margin % is 4.50. Mustang Industrial's value of 2.51% is 44.2% below this benchmark. While the company's 10-year median is 1.33 vs. the industry median of 4.50, Mustang Industrial has consistently been below 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 3,032 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. Mustang Industrial's current Net Margin % of 2.51% is 44.2% below 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 Mustang Industrial 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. Mustang Industrial's current Net Margin % is 2.51%, which is 89% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mustang Industrial (ROCO:5460) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.63, compared to a current price of NT$16.60 — trading 72.4% above its estimated fair value. The current Net Margin % is 2.51%, which is 89% above median its 10-year median of 1.33 and 44.2% below the Industrial Products industry median of 4.50. Mustang Industrial's overall GF Score™ is 61/100 with 1 warning sign 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 Mustang Industrial (ROCO:5460), the current Net Margin % is 2.51% 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 Mustang Industrial (ROCO:5460) Overvalued in 2026?

Based on GuruFocus' analysis, Mustang Industrial stock appears to be overvalued. The current stock price of NT$16.60 is trading 72.4% above its estimated GF Value™ of NT$9.63. GuruFocus considers Mustang Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:5460:

  • Net Margin %: 2.51% (89% above median its 10-year median of 1.33)
  • GF Value™: NT$9.63 vs. price of NT$16.60 (72.4% above fair value)
  • GF Score™: 61/100 with 1 warning sign
  • Industry Position: 44.2% below the Industrial Products median (#2458 of 3032)

No single metric tells the full story. See the ROCO:5460 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mustang Industrial Business Description

Address No. 1, Lane 429, Min\'an Road, Xinzhuang District, New Taipei, TWN, 242
Mustang Industrial Corp is engaged in the manufacture and distribution of metal stamping components in Taiwan. Its products include shielding frames and metal covers, brackets, chassis, antenna springs, and shielding cans, among others.
61GF Score

Get the complete analysis for ROCO:5460

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

NT$16.60
Price
NT$9.63
GF Value