104 (TPE:3130) OCF Margin %: 46.79% (As of Dec. 2025) — 62% Above Median

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TPE:3130 104 Corp TPE:3130
96 GF Score
Price NT$203.50
GF Value NT$252.43
Valuation Modestly Undervalued
! 4 Warning Signs
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What is 104 OCF Margin %?

104 TPE:3130 96 OCF Margin % is 46.79% as of Dec. 2025, which is 62% above its 10-year median of 28.82. GuruFocus rates TPE:3130 with a GF Score™ of 96/100 and a GF Value™ of NT$252.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,070 Business Services companies, 104 ranks better than 89.53% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. 104's Cash Flow from Operations for the three months ended in Dec. 2025 was NT$310 Mil. 104's Revenue for the three months ended in Dec. 2025 was NT$662 Mil. Therefore, 104's OCF Margin % for the quarter that ended in Dec. 2025 was 46.79%.

As of today, 104's current OCF Yield % is 11.27%.

The historical rank and industry rank for 104's OCF Margin % or its related term are showing as below:

TPE:3130' s OCF Margin % Range Over the Past 10 Years
Min: 25.24   Med: 28.82   Max: 35.28
Current: 30.84


During the past 13 years, the highest OCF Margin % of 104 was 35.28%. The lowest was 25.24%. And the median was 28.82%.

TPE:3130's OCF Margin % is ranked better than
89.53% of 1070 companies
in the Business Services industry
Industry Median: 6.815 vs TPE:3130: 30.84


104 OCF Margin % Related Terms


104 OCF Margin % Historical Data

* Premium members only.

The historical data trend for 104'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.

104 OCF Margin % Chart

104 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 32.57 35.28 28.44 31.29 30.84

104 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 49.71 15.65 37.37 22.54 46.79

TPE:3130 vs KFY, RHI, TNET: OCF Margin % Comparison

For the Staffing & Employment Services subindustry, 104'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.


104 OCF Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, 104's OCF Margin % distribution charts can be found below:

* The bar in red indicates where 104's OCF Margin % falls into.


TPE:3130
96GF Score
104 Corp TPE:3130
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

104 OCF Margin % Calculation

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

104'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 )
=824.828/2674.437
=30.84 %

104'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 )
=309.776/662.115
=46.79 %

* 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 46.79% mean?
104 (TPE:3130) has a OCF Margin % of 46.79% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on 104 and its competitors. This is 62% above median its historical median of 28.82. Over the past decade, 104's OCF Margin % has ranged from 25.24 to 35.28. According to the industry distribution chart, 104 ranks #112 out of 1070 companies in the Business Services industry, placing it in the top 10.5%.
Is 104's OCF Margin % too high?
104's current OCF Margin % of 46.79% is 62% above median its 10-year median of 28.82. Over the past 10 years, this metric has ranged from a low of 25.24 to a high of 35.28. The Business Services industry median OCF Margin % is 6.82. 104's value of 46.79% is 586.6% above this industry median. Based on the distribution chart, 104 ranks #112 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, 104 has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 104's OCF Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, 104 ranks #112 out of 1070 companies for OCF Margin %. This places 104 in the top 11% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.82. 104's value of 46.79% is 586.6% above this benchmark. Historically, 104's own OCF Margin % has ranged from 25.24 to 35.28 over the past decade. While the company's 10-year median is 28.82 vs. the industry median of 6.82, 104 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 Business Services company?
The median OCF Margin % among Business Services companies is 6.82, based on 1,070 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. 104's current OCF Margin % of 46.79% is 586.6% 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 104 and its competitors. For the Business Services industry, the median OCF Margin % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 104's current OCF Margin % is 46.79%, which is 62% above median its own 10-year median of 28.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 104 stock overvalued right now?
Based on GuruFocus' analysis, 104 (TPE:3130) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$252.43, compared to a current price of NT$203.50 — trading 19.4% below its estimated fair value. The current OCF Margin % is 46.79%, which is 62% above median its 10-year median of 28.82 and 586.6% above the Business Services industry median of 6.82. 104's overall GF Score™ is 96/100 with 4 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 104 (TPE:3130), the current OCF Margin % is 46.79% 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 104 (TPE:3130) Overvalued in 2026?

Based on GuruFocus' analysis, 104 stock appears to be undervalued. The current stock price of NT$203.50 is trading 19.4% below its estimated GF Value™ of NT$252.43. GuruFocus considers 104 to be Modestly Undervalued.

Key valuation signals for TPE:3130:

  • OCF Margin %: 46.79% (62% above median its 10-year median of 28.82)
  • GF Value™: NT$252.43 vs. price of NT$203.50 (19.4% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 586.6% above the Business Services median (#112 of 1070)

No single metric tells the full story. See the TPE:3130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


104 Business Description

Address No. 119-1, Baozhong Road, 10th Floor, Xindian District, New Taipei City, Taipei, TWN, 231
104 Corp is engaged in information technology, general advertising services, employment services and human resource consultancy. It provides the single type of service, which is online and consultation service and generates majority of revenue from Taiwan.
96GF Score

Get the complete analysis for TPE:3130

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

NT$203.50
Price
NT$252.43
GF Value