TRK (TPE:1432) Net Margin %: 221.53% (As of Dec. 2025)


TPE:1432 TRK Corp TPE:1432
61 GF Score
Price NT$15.25
GF Value NT$6.73
Valuation Significantly Overvalued
! 8 Warning Signs
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What is TRK Net Margin %?

TRK TPE:1432 -2.56% 61 Net Margin % is 221.53% as of Dec. 2025. GuruFocus rates TPE:1432 with a GF Score™ of 61/100 and a GF Value™ of NT$6.73 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 847 Travel & Leisure companies, TRK ranks better than 96.58% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TRK's Net Income for the three months ended in Dec. 2025 was NT$690 Mil. TRK's Revenue for the three months ended in Dec. 2025 was NT$312 Mil. Therefore, TRK's net margin for the quarter that ended in Dec. 2025 was 221.53%.

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

TPE:1432' s Net Margin % Range Over the Past 10 Years
Min: -43.65   Med: -7.93   Max: 48.68
Current: 48.68


TPE:1432's Net Margin % is ranked better than
96.58% of 847 companies
in the Travel & Leisure industry
Industry Median: 4.78 vs TPE:1432: 48.68

TRK  (TPE:1432) 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.


TRK Net Margin % Related Terms


TRK Net Margin % Historical Data

* Premium members only.

The historical data trend for TRK'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.

TRK Net Margin % Chart

TRK 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 -19.44 -2.82 4.54 -3.65 48.68

TRK 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 -9.59 1.44 -7.46 -5.40 221.53

TPE:1432 vs AS, HAS, LTH: Net Margin % Comparison

For the Leisure subindustry, TRK'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.


TRK Net Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TRK's Net Margin % distribution charts can be found below:

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


TPE:1432
61GF Score
TRK Corp TPE:1432
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TRK 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.

TRK'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 )
=651.481/1338.249
=48.68 %

TRK'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 )
=690.361/311.633
=221.53 %

* 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 221.53% mean?
TRK (TPE:1432) has a Net Margin % of 221.53% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on TRK and its competitors. According to the industry distribution chart, TRK ranks #29 out of 847 companies in the Travel & Leisure industry, placing it in the top 3.4%.
Is TRK's Net Margin % too high?
TRK's current Net Margin % is 221.53%. The Travel & Leisure industry median Net Margin % is 4.78. TRK's value of 221.53% is 4534.5% above this industry median. Based on the distribution chart, TRK ranks #29 out of 847 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, TRK has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TRK's Net Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, TRK ranks #29 out of 847 companies for Net Margin %. This places TRK in the top 3% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.78. TRK's value of 221.53% is 4534.5% above this benchmark. 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 Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.78, based on 847 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. TRK's current Net Margin % of 221.53% is 4534.5% 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 TRK and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRK's current Net Margin % is 221.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRK stock overvalued right now?
Based on GuruFocus' analysis, TRK (TPE:1432) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.73, compared to a current price of NT$15.25 — trading 126.6% above its estimated fair value. The current Net Margin % is 221.53% and 4534.5% above the Travel & Leisure industry median of 4.78. TRK's overall GF Score™ is 61/100 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 TRK (TPE:1432), the current Net Margin % is 221.53% 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 TRK (TPE:1432) Overvalued in 2026?

Based on GuruFocus' analysis, TRK stock appears to be overvalued. The current stock price of NT$15.25 is trading 126.6% above its estimated GF Value™ of NT$6.73. GuruFocus considers TRK to be Significantly Overvalued.

Key valuation signals for TPE:1432:

  • Net Margin %: 221.53%
  • GF Value™: NT$6.73 vs. price of NT$15.25 (126.6% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 4534.5% above the Travel & Leisure median (#29 of 847)

No single metric tells the full story. See the TPE:1432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TRK Business Description

Address No 186, Sec 4, Fusing Road, East District, Taichung, TWN
TRK Corp, formerly Taroko Co Ltd is engaged in the development business of department stores and shopping centres, recreational activities venue business, other leisure services, retail services of educational and entertainment materials, and international trading business. The company segments include: Strategic business segment, Construction segment, Shopping centres development segment, and Leisure and recreation segment. It earns maximum revenue from the Leisure and recreation segment.
61GF Score

Get the complete analysis for TPE:1432

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

NT$15.25
Price
NT$6.73
GF Value