TienPin United Enterprise Co (ROCO:6199) Net Margin %: -7.17% (As of Dec. 2025)

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ROCO:6199 TienPin United Enterprise Co Ltd ROCO:6199
85 GF Score
Price NT$104.00
GF Value NT$143.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is TienPin United Enterprise Co Net Margin %?

TienPin United Enterprise Co ROCO:6199 +1.46% 85 Net Margin % is -7.17% as of Dec. 2025. GuruFocus rates ROCO:6199 with a GF Score™ of 85/100 and a GF Value™ of NT$143.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,478 Hardware companies, TienPin United Enterprise Co ranks better than 71.03% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TienPin United Enterprise Co's Net Income for the three months ended in Dec. 2025 was NT$-9.1 Mil. TienPin United Enterprise Co's Revenue for the three months ended in Dec. 2025 was NT$126.7 Mil. Therefore, TienPin United Enterprise Co's net margin for the quarter that ended in Dec. 2025 was -7.17%.

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

ROCO:6199' s Net Margin % Range Over the Past 10 Years
Min: -2.37   Med: 21.53   Max: 66.78
Current: 7.15


ROCO:6199's Net Margin % is ranked better than
71.03% of 2478 companies
in the Hardware industry
Industry Median: 2.7 vs ROCO:6199: 7.15

TienPin United Enterprise Co  (ROCO:6199) 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.


TienPin United Enterprise Co Net Margin % Related Terms


TienPin United Enterprise Co Net Margin % Historical Data

* Premium members only.

The historical data trend for TienPin United Enterprise 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.

TienPin United Enterprise Co Net Margin % Chart

TienPin United Enterprise 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 55.57 -2.37 28.32 39.23 7.15

TienPin United Enterprise 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 -19.48 -51.83 -31.95 58.69 -7.17

ROCO:6199 vs SNDK, DELL, STX: Net Margin % Comparison

For the Computer Hardware subindustry, TienPin United Enterprise 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.


TienPin United Enterprise Co Net Margin % vs Hardware Industry

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

* The bar in red indicates where TienPin United Enterprise Co's Net Margin % falls into.


ROCO:6199
85GF Score
TienPin United Enterprise Co Ltd ROCO:6199
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TienPin United Enterprise 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.

TienPin United Enterprise 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 )
=18.869/263.884
=7.15 %

TienPin United Enterprise 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 )
=-9.088/126.733
=-7.17 %

* 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 -7.17% mean?
TienPin United Enterprise Co (ROCO:6199) has a Net Margin % of -7.17% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on TienPin United Enterprise Co and its competitors. According to the industry distribution chart, TienPin United Enterprise Co ranks #718 out of 2478 companies in the Hardware industry, placing it in the top 29%.
Is TienPin United Enterprise Co's Net Margin % too high?
TienPin United Enterprise Co's current Net Margin % is -7.17%. Based on the distribution chart, TienPin United Enterprise Co ranks #718 out of 2478 companies in the Hardware industry, which is above the industry midpoint. Overall, TienPin United Enterprise Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TienPin United Enterprise Co's Net Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, TienPin United Enterprise Co ranks #718 out of 2478 companies for Net Margin %. This puts TienPin United Enterprise Co in the upper half of its industry. The industry median Net Margin % is 2.70. 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 2.70, based on 2,478 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. 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 TienPin United Enterprise Co and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TienPin United Enterprise Co's current Net Margin % is -7.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TienPin United Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, TienPin United Enterprise Co (ROCO:6199) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$143.77, compared to a current price of NT$104.00 — trading 27.7% below its estimated fair value. The current Net Margin % is -7.17%. TienPin United Enterprise Co's overall GF Score™ is 85/100 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 TienPin United Enterprise Co (ROCO:6199), the current Net Margin % is -7.17% 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 TienPin United Enterprise Co (ROCO:6199) Overvalued in 2026?

Based on GuruFocus' analysis, TienPin United Enterprise Co stock appears to be undervalued. The current stock price of NT$104.00 is trading 27.7% below its estimated GF Value™ of NT$143.77. GuruFocus considers TienPin United Enterprise Co to be Modestly Undervalued.

Key valuation signals for ROCO:6199:

  • Net Margin %: -7.17%
  • GF Value™: NT$143.77 vs. price of NT$104.00 (27.7% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TienPin United Enterprise Co Business Description

Address No. 657, Bannan Road, 8th Floor, Zhongli District, New Taipei City, TWN
TienPin United Enterprise Co Ltd is a flash storage manufacturer, specializing in portable storage products. It designs and manufactures products using USB 2.0, PCMCIA, ExpressCard, FireWire, SDIO and CompactFlash interfaces. Its products include a lash card reader/writer, flash card adapter, Digital Photo Frame, Digital Signage, LCD TV Player Module, fingerprint device, and flash drive.
85GF Score

Get the complete analysis for ROCO:6199

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

NT$104.00
Price
NT$143.77
GF Value