Chieftek Precision Co (TPE:1597) Operating Income: NT$131 Mil (TTM As of Mar. 2026)

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TPE:1597 Chieftek Precision Co Ltd TPE:1597
58 GF Score
Price NT$114.00
GF Value NT$98.35
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Chieftek Precision Co Operating Income?

Chieftek Precision Co TPE:1597 +9.62% 58 Operating Income is NT$131 Mil as of Mar. 2026. GuruFocus rates TPE:1597 with a GF Score™ of 58/100 and a GF Value™ of NT$98.35 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Chieftek Precision Co's Operating Income for the three months ended in Mar. 2026 was NT$49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$131 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Chieftek Precision Co's Operating Income for the three months ended in Mar. 2026 was NT$49 Mil. Chieftek Precision Co's Revenue for the three months ended in Mar. 2026 was NT$334 Mil. Therefore, Chieftek Precision Co's Operating Margin % for the quarter that ended in Mar. 2026 was 14.72%.

Warning Sign:

Chieftek Precision Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -19.5%.

Chieftek Precision Co's 5-Year average Growth Rate for Operating Margin % was -19.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chieftek Precision Co's annualized ROC % for the quarter that ended in Mar. 2026 was 4.74%. Chieftek Precision Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.49%.


Chieftek Precision Co  (TPE:1597) Operating Income Explanation

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

Chieftek Precision Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=196.944 * ( 1 - 27.22% )/( (3053.018 + 2999.107)/ 2 )
=143.3358432/3026.0625
=4.74 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=4093.274 - 148.866 - ( 891.39 - max(0, 749.056 - 1860.766+891.39))
=3053.018

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))
=4083.555 - 233.656 - ( 850.792 - max(0, 806.397 - 1860.395+850.792))
=2999.107

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

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

Chieftek Precision Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=240.308/( ( (2067.528 + max(786.249, 0)) + (2063.463 + max(744.819, 0)) )/ 2 )
=240.308/( ( 2853.777 + 2808.282 )/ 2 )
=240.308/2831.0295
=8.49 %

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)
=(281.795 + 624.752 + 30.125) - (148.866 + 0 + 1.557)
=786.249

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(328.317 + 622.016 + 30.248) - (233.656 + 0 + 2.1060000000001)
=744.819

When net working capital is negative, 0 is used.

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

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

Chieftek Precision Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=49.236/334.402
=14.72 %

* 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.


Chieftek Precision Co Operating Income Related Terms


Chieftek Precision Co Operating Income Historical Data

* Premium members only.

The historical data trend for Chieftek Precision Co'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.

Chieftek Precision Co Operating Income Chart

Chieftek Precision Co 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 474.70 376.08 121.66 95.33 107.29

Chieftek Precision Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.05 32.72 17.80 31.72 49.24
TPE:1597
58GF Score
Chieftek Precision Co Ltd TPE:1597
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Chieftek Precision Co 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$131 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$131 Mil mean?
Chieftek Precision Co (TPE:1597) has a Operating Income of NT$131 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Chieftek Precision Co and its competitors.
Is Chieftek Precision Co's Operating Income too high?
Chieftek Precision Co's current Operating Income is NT$131 Mil. Overall, Chieftek Precision Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chieftek Precision Co's Operating Income compare to VRT and BE?
Chieftek Precision Co's Operating Income of NT$131 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Chieftek Precision Co and its competitors. Chieftek Precision Co's current Operating Income is NT$131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chieftek Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Chieftek Precision Co (TPE:1597) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$98.35, compared to a current price of NT$114.00 — trading 15.9% above its estimated fair value. The current Operating Income is NT$131 Mil. Chieftek Precision Co's overall GF Score™ is 58/100 with 3 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 Chieftek Precision Co (TPE:1597), the current Operating Income is NT$131 Mil as of Mar. 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 Chieftek Precision Co (TPE:1597) Overvalued in 2026?

Based on GuruFocus' analysis, Chieftek Precision Co stock appears to be overvalued. The current stock price of NT$114.00 is trading 15.9% above its estimated GF Value™ of NT$98.35. GuruFocus considers Chieftek Precision Co to be Modestly Overvalued.

Key valuation signals for TPE:1597:

  • Operating Income: NT$131 Mil
  • GF Value™: NT$98.35 vs. price of NT$114.00 (15.9% above fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the TPE:1597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chieftek Precision Co Business Description

Address NO.3, Dali 1st Road, Southern Taiwan Science Park, Xinshi District, Tainan, TWN, 744093
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings. The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. The company is involved in the manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and others. Geographically the company operates in China, Germany, the USA, Taiwan, and other countries, out of which Germany derives the maximum revenue.
58GF Score

Get the complete analysis for TPE:1597

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

NT$114.00
Price
NT$98.35
GF Value