Key Ware Electronics Co (ROCO:5498) Net Margin %: 8.01% (As of Dec. 2025) — 222% Above Median

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ROCO:5498 Key Ware Electronics Co Ltd ROCO:5498
43 GF Score
Price NT$49.05
GF Value NT$14.57
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Key Ware Electronics Co Net Margin %?

Key Ware Electronics Co ROCO:5498 -9.17% 43 Net Margin % is 8.01% as of Dec. 2025, which is 222% above its 10-year median of 2.49. GuruFocus rates ROCO:5498 with a GF Score™ of 43/100 and a GF Value™ of NT$14.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,031 Industrial Products companies, Key Ware Electronics Co ranks worse than 73.97% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Key Ware Electronics Co's Net Income for the three months ended in Dec. 2025 was NT$32 Mil. Key Ware Electronics Co's Revenue for the three months ended in Dec. 2025 was NT$404 Mil. Therefore, Key Ware Electronics Co's net margin for the quarter that ended in Dec. 2025 was 8.01%.

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

ROCO:5498' s Net Margin % Range Over the Past 10 Years
Min: -0.13   Med: 2.49   Max: 6.9
Current: -0.04


ROCO:5498's Net Margin % is ranked worse than
73.97% of 3031 companies
in the Industrial Products industry
Industry Median: 4.5 vs ROCO:5498: -0.04

Key Ware Electronics Co  (ROCO:5498) 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.


Key Ware Electronics Co Net Margin % Related Terms


Key Ware Electronics Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Key Ware Electronics 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.

Key Ware Electronics Co Net Margin % Chart

Key Ware Electronics 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 1.99 0.18 1.11 -0.13 -0.04

Key Ware Electronics 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 8.49 -7.86 -3.18 0.37 8.01

ROCO:5498 vs SNA, RBC, LECO: Net Margin % Comparison

For the Tools & Accessories subindustry, Key Ware Electronics 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.


Key Ware Electronics Co Net Margin % vs Industrial Products Industry

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

* The bar in red indicates where Key Ware Electronics Co's Net Margin % falls into.


ROCO:5498
43GF Score
Key Ware Electronics Co Ltd ROCO:5498
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Key Ware Electronics 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.

Key Ware Electronics 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 )
=-0.618/1407.836
=-0.04 %

Key Ware Electronics 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 )
=32.344/403.982
=8.01 %

* 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 8.01% mean?
Key Ware Electronics Co (ROCO:5498) has a Net Margin % of 8.01% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Key Ware Electronics Co and its competitors. This is 222% above median its historical median of 2.49. According to the industry distribution chart, Key Ware Electronics Co ranks #2242 out of 3031 companies in the Industrial Products industry, placing it in the top 74%.
Is Key Ware Electronics Co's Net Margin % too high?
Key Ware Electronics Co's current Net Margin % of 8.01% is 222% above median its 10-year median of 2.49. The Industrial Products industry median Net Margin % is 4.50. Key Ware Electronics Co's value of 8.01% is 78% above this industry median. Based on the distribution chart, Key Ware Electronics Co ranks #2242 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Key Ware Electronics Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Key Ware Electronics Co's Net Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Key Ware Electronics Co ranks #2242 out of 3031 companies for Net Margin %. This places Key Ware Electronics Co in the lower half of its industry. The industry median Net Margin % is 4.50. Key Ware Electronics Co's value of 8.01% is 78% above this benchmark. While the company's 10-year median is 2.49 vs. the industry median of 4.50, Key Ware Electronics 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 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. Key Ware Electronics Co's current Net Margin % of 8.01% is 78% 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 Key Ware Electronics Co 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. Key Ware Electronics Co's current Net Margin % is 8.01%, which is 222% above median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Ware Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Key Ware Electronics Co (ROCO:5498) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.57, compared to a current price of NT$49.05 — trading 236.7% above its estimated fair value. The current Net Margin % is 8.01%, which is 222% above median its 10-year median of 2.49 and 78% above the Industrial Products industry median of 4.50. Key Ware Electronics Co's overall GF Score™ is 43/100 with 3 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 Key Ware Electronics Co (ROCO:5498), the current Net Margin % is 8.01% 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 Key Ware Electronics Co (ROCO:5498) Overvalued in 2026?

Based on GuruFocus' analysis, Key Ware Electronics Co stock appears to be overvalued. The current stock price of NT$49.05 is trading 236.7% above its estimated GF Value™ of NT$14.57. GuruFocus considers Key Ware Electronics Co to be Significantly Overvalued.

Key valuation signals for ROCO:5498:

  • Net Margin %: 8.01% (222% above median its 10-year median of 2.49)
  • GF Value™: NT$14.57 vs. price of NT$49.05 (236.7% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 78% above the Industrial Products median (#2242 of 3031)

No single metric tells the full story. See the ROCO:5498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Key Ware Electronics Co Business Description

Address No. 32 Xingbang Road, Lane 21, Dalin Village, Taoyuan District, Taoyuan, TWN
Key Ware Electronics Co Ltd is engaged in the design, manufacture, and processing of printed circuit board materials such as electroplating solutions, dry films, drill bits, and copper foil substrates. Its include drills, milling cutters, special tools, tungsten steel, and related consumables sales.
43GF Score

Get the complete analysis for ROCO:5498

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

NT$49.05
Price
NT$14.57
GF Value