Thinking Electronic Industrial Co (TPE:2428) OCF Margin %: 38.89% (As of Dec. 2025) — 67% Above Median


TPE:2428 Thinking Electronic Industrial Co Ltd TPE:2428
78 GF Score
Price NT$296.50
GF Value NT$175.41
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thinking Electronic Industrial Co OCF Margin %?

Thinking Electronic Industrial Co TPE:2428 -3.73% 78 OCF Margin % is 38.89% as of Dec. 2025, which is 67% above its 10-year median of 23.24. GuruFocus rates TPE:2428 with a GF Score™ of 78/100 and a GF Value™ of NT$175.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,472 Hardware companies, Thinking Electronic Industrial Co ranks better than 93.12% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Thinking Electronic Industrial Co's Cash Flow from Operations for the three months ended in Dec. 2025 was NT$779 Mil. Thinking Electronic Industrial Co's Revenue for the three months ended in Dec. 2025 was NT$2,004 Mil. Therefore, Thinking Electronic Industrial Co's OCF Margin % for the quarter that ended in Dec. 2025 was 38.89%.

As of today, Thinking Electronic Industrial Co's current OCF Yield % is 5.35%.

The historical rank and industry rank for Thinking Electronic Industrial Co's OCF Margin % or its related term are showing as below:

TPE:2428' s OCF Margin % Range Over the Past 10 Years
Min: 18.21   Med: 23.24   Max: 30.08
Current: 25.31


During the past 13 years, the highest OCF Margin % of Thinking Electronic Industrial Co was 30.08%. The lowest was 18.21%. And the median was 23.24%.

TPE:2428's OCF Margin % is ranked better than
93.12% of 2472 companies
in the Hardware industry
Industry Median: 5.27 vs TPE:2428: 25.31


Thinking Electronic Industrial Co OCF Margin % Related Terms


Thinking Electronic Industrial Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Thinking Electronic Industrial Co's OCF 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.

Thinking Electronic Industrial Co OCF Margin % Chart

Thinking Electronic Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.99 25.03 30.08 23.79 25.31

Thinking Electronic Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
OCF 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 31.23 18.86 31.42 12.05 38.89

TPE:2428 vs APH, GLW, TEL: OCF Margin % Comparison

For the Electronic Components subindustry, Thinking Electronic Industrial Co's OCF Margin %, along with its competitors' market caps and OCF 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.


Thinking Electronic Industrial Co OCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Thinking Electronic Industrial Co's OCF Margin % falls into.


TPE:2428
78GF Score
Thinking Electronic Industrial Co Ltd TPE:2428
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Electronic Industrial Co OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Thinking Electronic Industrial Co's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2033.263/8034.659
=25.31 %

Thinking Electronic Industrial Co's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=779.444/2004.017
=38.89 %

* 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 OCF Margin % →
What does a OCF Margin % of 38.89% mean?
Thinking Electronic Industrial Co (TPE:2428) has a OCF Margin % of 38.89% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Thinking Electronic Industrial Co and its competitors. This is 67% above median its historical median of 23.24. Over the past decade, Thinking Electronic Industrial Co's OCF Margin % has ranged from 18.21 to 30.08. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #170 out of 2472 companies in the Hardware industry, placing it in the top 6.9%.
Is Thinking Electronic Industrial Co's OCF Margin % too high?
Thinking Electronic Industrial Co's current OCF Margin % of 38.89% is 67% above median its 10-year median of 23.24. Over the past 10 years, this metric has ranged from a low of 18.21 to a high of 30.08. The Hardware industry median OCF Margin % is 5.27. Thinking Electronic Industrial Co's value of 38.89% is 638% above this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #170 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's OCF Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #170 out of 2472 companies for OCF Margin %. This places Thinking Electronic Industrial Co in the top 7% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.27. Thinking Electronic Industrial Co's value of 38.89% is 638% above this benchmark. Historically, Thinking Electronic Industrial Co's own OCF Margin % has ranged from 18.21 to 30.08 over the past decade. While the company's 10-year median is 23.24 vs. the industry median of 5.27, Thinking Electronic Industrial 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 OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.27, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thinking Electronic Industrial Co's current OCF Margin % of 38.89% is 638% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Thinking Electronic Industrial Co and its competitors. For the Hardware industry, the median OCF Margin % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current OCF Margin % is 38.89%, which is 67% above median its own 10-year median of 23.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.41, compared to a current price of NT$296.50 — trading 69% above its estimated fair value. The current OCF Margin % is 38.89%, which is 67% above median its 10-year median of 23.24 and 638% above the Hardware industry median of 5.27. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Thinking Electronic Industrial Co (TPE:2428), the current OCF Margin % is 38.89% 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?

Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued. The current stock price of NT$296.50 is trading 69% above its estimated GF Value™ of NT$175.41. GuruFocus considers Thinking Electronic Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:2428:

  • OCF Margin %: 38.89% (67% above median its 10-year median of 23.24)
  • GF Value™: NT$175.41 vs. price of NT$296.50 (69% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 638% above the Hardware median (#170 of 2472)

No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinking Electronic Industrial Co Business Description

Address Dashun 1st Road, No. 93, 8th Floor, Zuoying District, Kaohsiung, TWN
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score

Get the complete analysis for TPE:2428

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

NT$296.50
Price
NT$175.41
GF Value