Cyberpower Systems (TPE:3617) Operating Income: NT$1,989 Mil (TTM As of Mar. 2026)

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TPE:3617 Cyberpower Systems Inc TPE:3617
92 GF Score
Price NT$228.50
GF Value NT$234.14
Valuation Fairly Valued
! 2 Warning Signs
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What is Cyberpower Systems Operating Income?

Cyberpower Systems TPE:3617 -1.30% 92 Operating Income is NT$1,989 Mil as of Mar. 2026. GuruFocus rates TPE:3617 with a GF Score™ of 92/100 and a GF Value™ of NT$234.14 (Fairly Valued). The stock has 2 warning signs investors should review.

Cyberpower Systems's Operating Income for the three months ended in Mar. 2026 was NT$474 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,989 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cyberpower Systems's Operating Income for the three months ended in Mar. 2026 was NT$474 Mil. Cyberpower Systems's Revenue for the three months ended in Mar. 2026 was NT$2,932 Mil. Therefore, Cyberpower Systems's Operating Margin % for the quarter that ended in Mar. 2026 was 16.16%.

Good Sign:

Cyberpower Systems Inc operating margin is expanding. Margin expansion is usually a good sign.

Cyberpower Systems's 5-Year average Growth Rate for Operating Margin % was 42.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cyberpower Systems's annualized ROC % for the quarter that ended in Mar. 2026 was 20.81%. Cyberpower Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.93%.


Cyberpower Systems  (TPE:3617) Operating Income Explanation

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

Cyberpower Systems'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 )
=1894.976 * ( 1 - 22.74% )/( (7283.052 + 6787.419)/ 2 )
=1464.0584576/7035.2355
=20.81 %

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))
=14219.105 - 2427.787 - ( 4508.266 - max(0, 2769.958 - 9994.262+4508.266))
=7283.052

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))
=14792.411 - 3416.131 - ( 4588.861 - max(0, 3752.308 - 10475.363+4588.861))
=6787.419

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

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

Cyberpower Systems'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 )
=2125.62/( ( (2058.641 + max(2681.324, 0)) + (2025.724 + max(2104.301, 0)) )/ 2 )
=2125.62/( ( 4739.965 + 4130.025 )/ 2 )
=2125.62/4434.995
=47.93 %

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)
=(2158.939 + 2995.487 + 165.388) - (2427.787 + 0 + 210.703)
=2681.324

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2369.595 + 3200.106 + 152.359) - (3416.131 + 0 + 201.628)
=2104.301

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 %:

Cyberpower Systems'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 )
=473.744/2931.932
=16.16 %

* 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.


Cyberpower Systems Operating Income Related Terms


Cyberpower Systems Operating Income Historical Data

* Premium members only.

The historical data trend for Cyberpower Systems'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.

Cyberpower Systems Operating Income Chart

Cyberpower Systems 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 94.46 1,200.10 1,820.79 2,450.41 1,939.69

Cyberpower Systems 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 424.11 486.49 760.38 268.70 473.74
TPE:3617
92GF Score
Cyberpower Systems Inc TPE:3617
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyberpower Systems 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$1,989 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$1,989 Mil mean?
Cyberpower Systems (TPE:3617) has a Operating Income of NT$1,989 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cyberpower Systems and its competitors.
Is Cyberpower Systems' Operating Income too high?
Cyberpower Systems' current Operating Income is NT$1,989 Mil. Overall, Cyberpower Systems has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cyberpower Systems' Operating Income compare to VRT and BE?
Cyberpower Systems' Operating Income of NT$1,989 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 Cyberpower Systems and its competitors. Cyberpower Systems's current Operating Income is NT$1,989 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberpower Systems stock overvalued right now?
Based on GuruFocus' analysis, Cyberpower Systems (TPE:3617) is currently considered Fairly Valued. The stock's GF Value™ is NT$234.14, compared to a current price of NT$228.50 — trading 2.4% below its estimated fair value. The current Operating Income is NT$1,989 Mil. Cyberpower Systems' overall GF Score™ is 92/100 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 Cyberpower Systems (TPE:3617), the current Operating Income is NT$1,989 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 Cyberpower Systems (TPE:3617) Overvalued in 2026?

Based on GuruFocus' analysis, Cyberpower Systems stock appears to be undervalued. The current stock price of NT$228.50 is trading 2.4% below its estimated GF Value™ of NT$234.14. GuruFocus considers Cyberpower Systems to be Fairly Valued.

Key valuation signals for TPE:3617:

  • Operating Income: NT$1,989 Mil
  • GF Value™: NT$234.14 vs. price of NT$228.50 (2.4% below fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the TPE:3617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cyberpower Systems Business Description

Address No. 26, Jinzhuang Road, 11th Floor, Neihu District, Taipei, TWN, 114
Cyberpower Systems Inc is engaged in the selling and production of uninterruptible power systems, selling of electronic products, and investment activities. The Company is engaged in the design, manufacture, and sales of uninterruptible power supply systems, power protection and power management systems, and power electronic equipment related products. Its products include UPS Systems, UPS Systems (3-Phase), UPS Management, Power Distribution, and other products. Its solutions include Home Desktop, Home Theater, Office Desktop, Back Office, and other solutions. The Company operates in Taiwan, America, Europe, and other regions, with Taiwan generating the maximum revenue.
92GF Score

Get the complete analysis for TPE:3617

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

NT$228.50
Price
NT$234.14
GF Value