Oriental System Technology (ROCO:6819) Operating Income: NT$30.0 Mil (TTM As of Jun. 2026)

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ROCO:6819 Oriental System Technology Inc ROCO:6819
68 GF Score
Price NT$40.00
GF Value NT$27.73
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Oriental System Technology Operating Income?

Oriental System Technology ROCO:6819 +10.76% 68 Operating Income is NT$30.0 Mil as of Jun. 2026. GuruFocus rates ROCO:6819 with a GF Score™ of 68/100 and a GF Value™ of NT$27.73 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Oriental System Technology's Operating Income for the six months ended in Jun. 2026 was NT$24.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$30.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Oriental System Technology's Operating Income for the six months ended in Jun. 2026 was NT$24.5 Mil. Oriental System Technology's Revenue for the six months ended in Jun. 2026 was NT$136.1 Mil. Therefore, Oriental System Technology's Operating Margin % for the quarter that ended in Jun. 2026 was 17.97%.

Oriental System Technology'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. Oriental System Technology's annualized ROC % for the quarter that ended in Jun. 2026 was 7.55%. Oriental System Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 70.92%.


Oriental System Technology  (ROCO:6819) Operating Income Explanation

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

Oriental System Technology'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: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=48.912 * ( 1 - 2.96% )/( (143.003 + 1115)/ 2 )
=47.4642048/629.0015
=7.55 %

where

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))
=1412.124 - 39.596 - ( 257.528 - max(0, 1035.823 - 1328.367+257.528))
=1115

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Oriental System Technology'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: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=68.446/( ( (39.356 + max(65.603, 0)) + (30.376 + max(57.691, 0)) )/ 2 )
=68.446/( ( 104.959 + 88.067 )/ 2 )
=68.446/96.513
=70.92 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.886 + 49.315 + 4.539) - (19.87 + 0 + 5.267)
=65.603

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.269 + 42.724 + 975.621) - (39.596 + 0 + 973.327)
=57.691

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Oriental System Technology'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 )
=24.456/136.07
=17.97 %

* 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.


Oriental System Technology Operating Income Related Terms


Oriental System Technology Operating Income Historical Data

* Premium members only.

The historical data trend for Oriental System Technology'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.

Oriental System Technology Operating Income Chart

Oriental System Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only -47.82 -119.65 -36.48 8.29 11.03

Oriental System Technology Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 18.02 -9.73 5.45 5.58 24.46
ROCO:6819
68GF Score
Oriental System Technology Inc ROCO:6819
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Oriental System Technology 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 semi-annually data reported by the company within the most recent 12 months, which was NT$30.0 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$30.0 Mil mean?
Oriental System Technology (ROCO:6819) has a Operating Income of NT$30.0 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oriental System Technology and its competitors.
Is Oriental System Technology's Operating Income too high?
Oriental System Technology's current Operating Income is NT$30.0 Mil. Overall, Oriental System Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oriental System Technology's Operating Income compare to NVDA and AVGO?
Oriental System Technology's Operating Income of NT$30.0 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Operating Income depends on the Semiconductors 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 Oriental System Technology and its competitors. Oriental System Technology's current Operating Income is NT$30.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental System Technology stock overvalued right now?
Based on GuruFocus' analysis, Oriental System Technology (ROCO:6819) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.73, compared to a current price of NT$40.00 — trading 44.2% above its estimated fair value. The current Operating Income is NT$30.0 Mil. Oriental System Technology's overall GF Score™ is 68/100 with 2 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 Oriental System Technology (ROCO:6819), the current Operating Income is NT$30.0 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 Oriental System Technology (ROCO:6819) Overvalued in 2026?

Based on GuruFocus' analysis, Oriental System Technology stock appears to be overvalued. The current stock price of NT$40.00 is trading 44.2% above its estimated GF Value™ of NT$27.73. GuruFocus considers Oriental System Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6819:

  • Operating Income: NT$30.0 Mil
  • GF Value™: NT$27.73 vs. price of NT$40.00 (44.2% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6819 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oriental System Technology Business Description

Address No. 25, Industry East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30075
Oriental System Technology Inc. is engaged in the manufacturing of sensors. The product portfolio includes thermopile sensors, NDIR gas sensors, and optoelectronic components.
68GF Score

Get the complete analysis for ROCO:6819

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

NT$40.00
Price
NT$27.73
GF Value