ACON Holdings (ROCO:3710) Operating Income: NT$-390 Mil (TTM As of Jun. 2026)

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ROCO:3710 ACON Holdings Inc ROCO:3710
42 GF Score
Price NT$5.25
GF Value NT$10.87
Valuation Possible Value Trap
! 6 Warning Signs
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What is ACON Holdings Operating Income?

ACON Holdings ROCO:3710 42 Operating Income is NT$-390 Mil as of Jun. 2026. GuruFocus rates ROCO:3710 with a GF Score™ of 42/100 and a GF Value™ of NT$10.87 (Possible Value Trap). The stock has 6 warning signs investors should review.

ACON Holdings's Operating Income for the three months ended in Jun. 2026 was NT$-103 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-390 Mil.

Warning Sign:

ACON Holdings Inc had lost money in 58% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. ACON Holdings's Operating Income for the three months ended in Jun. 2026 was NT$-103 Mil. ACON Holdings's Revenue for the three months ended in Jun. 2026 was NT$2,038 Mil. Therefore, ACON Holdings's Operating Margin % for the quarter that ended in Jun. 2026 was -5.07%.

ACON Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ACON Holdings's annualized ROC % for the quarter that ended in Jun. 2026 was -6.36%. ACON Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -11.77%.


ACON Holdings  (ROCO:3710) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ACON Holdings's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-413.404 * ( 1 - 0% )/( (6377.712 + 6630.842)/ 2 )
=-413.404/6504.277
=-6.36 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8147.602 - 2483.746 - ( 862.305 - max(0, 5267.559 - 4553.703+862.305))
=6377.712

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8365.574 - 2812.874 - ( 700.341 - max(0, 5769.224 - 4691.082+700.341))
=6630.842

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ACON Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-490.048/( ( (3230.142 + max(951.177, 0)) + (3224.435 + max(923.955, 0)) )/ 2 )
=-490.048/( ( 4181.319 + 4148.39 )/ 2 )
=-490.048/4164.8545
=-11.77 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2218.058 + 1172.487 + 121.574) - (2483.746 + 0 + 77.196)
=951.177

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2406.904 + 1240.826 + 166.409) - (2812.874 + 0 + 77.31)
=923.955

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

ACON Holdings's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-103.351/2038.076
=-5.07 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


ACON Holdings Operating Income Related Terms


ACON Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for ACON Holdings's Operating Income 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.

ACON Holdings Operating Income Chart

ACON Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -289.42 -151.83 -268.80 105.88 -213.82

ACON Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 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 -40.37 -61.60 -127.90 -96.99 -103.35
ROCO:3710
42GF Score
ACON Holdings Inc ROCO:3710
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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ACON Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-390 Mil.

* 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 Operating Income →
What does a Operating Income of NT$-390 Mil mean?
ACON Holdings (ROCO:3710) has a Operating Income of NT$-390 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ACON Holdings and its competitors.
Is ACON Holdings' Operating Income too high?
ACON Holdings' current Operating Income is NT$-390 Mil. Overall, ACON Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ACON Holdings' Operating Income compare to APH and GLW?
ACON Holdings' Operating Income of NT$-390 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Hardware company?
A good Operating Income depends on the Hardware industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ACON Holdings and its competitors. ACON Holdings's current Operating Income is NT$-390 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACON Holdings stock overvalued right now?
Based on GuruFocus' analysis, ACON Holdings (ROCO:3710) is currently considered Possible Value Trap. The stock's GF Value™ is NT$10.87, compared to a current price of NT$5.25 — trading 51.7% below its estimated fair value. The current Operating Income is NT$-390 Mil. ACON Holdings' overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For ACON Holdings (ROCO:3710), the current Operating Income is NT$-390 Mil as of Jun. 2026. 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 ACON Holdings (ROCO:3710) Overvalued in 2026?

Based on GuruFocus' analysis, ACON Holdings stock appears to be undervalued. The current stock price of NT$5.25 is trading 51.7% below its estimated GF Value™ of NT$10.87. GuruFocus considers ACON Holdings to be Possible Value Trap.

Key valuation signals for ROCO:3710:

  • Operating Income: NT$-390 Mil
  • GF Value™: NT$10.87 vs. price of NT$5.25 (51.7% below fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the ROCO:3710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACON Holdings Business Description

Address Alley 9, Lane 45, Baoxing Road, No. 2, 231, 3rd Floor, Xindian District, New Taipei City, TWN, 231
ACON Holdings Inc, along with its subsidiaries, is engaged in the development, manufacture, and sale of electronic components, optical-fiber communication, and wireless communication products. Its product portfolio comprises I/O connectors and 3C peripheral electronic components, including connectors for personal computers and peripherals, and customized cable assemblies, among others. The group's reportable segments are Connector and electronic assembly, Department of Electronics, Optic-fiber communication, Wireless, Battery module assembly, and Others. The majority of its revenue is generated from the Connector and electronic assembly segment. Geographically, the group generates maximum revenue from China, followed by Taiwan, Japan, America, and other regions.
42GF Score

Get the complete analysis for ROCO:3710

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

NT$5.25
Price
NT$10.87
GF Value