Morn Sun Feed Mill Co (ROCO:1240) Operating Margin %: 2.39% (As of Dec. 2025) — 28% Below Median

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ROCO:1240 Morn Sun Feed Mill Co Ltd ROCO:1240
85 GF Score
Price NT$55.00
GF Value NT$43.79
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Morn Sun Feed Mill Co Operating Margin %?

Morn Sun Feed Mill Co ROCO:1240 +0.55% 85 Operating Margin % is 2.39% as of Dec. 2025, which is 28% below its 10-year median of 3.30. GuruFocus rates ROCO:1240 with a GF Score™ of 85/100 and a GF Value™ of NT$43.79 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,956 Consumer Packaged Goods companies, Morn Sun Feed Mill Co ranks worse than 62.63% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Morn Sun Feed Mill Co's Operating Income for the three months ended in Dec. 2025 was NT$17 Mil. Morn Sun Feed Mill Co's Revenue for the three months ended in Dec. 2025 was NT$699 Mil. Therefore, Morn Sun Feed Mill Co's Operating Margin % for the quarter that ended in Dec. 2025 was 2.39%.

Good Sign:

Morn Sun Feed Mill Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Morn Sun Feed Mill Co's Operating Margin % or its related term are showing as below:

ROCO:1240' s Operating Margin % Range Over the Past 10 Years
Min: 0.03   Med: 3.3   Max: 6.11
Current: 3.05


ROCO:1240's Operating Margin % is ranked worse than
62.63% of 1956 companies
in the Consumer Packaged Goods industry
Industry Median: 5.3 vs ROCO:1240: 3.05

Morn Sun Feed Mill Co's 5-Year Average Operating Margin % Growth Rate was 35.30% per year.

Morn Sun Feed Mill Co's Operating Income for the three months ended in Dec. 2025 was NT$17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$84 Mil.


Morn Sun Feed Mill Co  (ROCO:1240) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Morn Sun Feed Mill Co Operating Margin % Related Terms


Morn Sun Feed Mill Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Morn Sun Feed Mill Co's Operating 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.

Morn Sun Feed Mill Co Operating Margin % Chart

Morn Sun Feed Mill Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.03 2.74 3.63 3.05

Morn Sun Feed Mill Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Operating 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 4.36 2.92 4.22 2.70 2.39

ROCO:1240 vs ADM, BG, TSN: Operating Margin % Comparison

For the Farm Products subindustry, Morn Sun Feed Mill Co's Operating Margin %, along with its competitors' market caps and Operating 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.


Morn Sun Feed Mill Co Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morn Sun Feed Mill Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Morn Sun Feed Mill Co's Operating Margin % falls into.


ROCO:1240
85GF Score
Morn Sun Feed Mill Co Ltd ROCO:1240
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morn Sun Feed Mill Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Morn Sun Feed Mill Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=83.568 / 2743.785
=3.05 %

Morn Sun Feed Mill Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=16.696 / 698.5
=2.39 %

* 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 Margin % →
What does a Operating Margin % of 2.39% mean?
Morn Sun Feed Mill Co (ROCO:1240) has a Operating Margin % of 2.39% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Morn Sun Feed Mill Co and its competitors. This is 28% below median its historical median of 3.30. Over the past decade, Morn Sun Feed Mill Co's Operating Margin % has ranged from 0.03 to 6.11. According to the industry distribution chart, Morn Sun Feed Mill Co ranks #1225 out of 1956 companies in the Consumer Packaged Goods industry, placing it in the top 62.6%.
Is Morn Sun Feed Mill Co's Operating Margin % too high?
Morn Sun Feed Mill Co's current Operating Margin % of 2.39% is 28% below median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 6.11. The Consumer Packaged Goods industry median Operating Margin % is 5.30. Morn Sun Feed Mill Co's value of 2.39% is 54.9% below this industry median. Based on the distribution chart, Morn Sun Feed Mill Co ranks #1225 out of 1956 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morn Sun Feed Mill Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morn Sun Feed Mill Co's Operating Margin % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Morn Sun Feed Mill Co ranks #1225 out of 1956 companies for Operating Margin %. This places Morn Sun Feed Mill Co in the lower half of its industry. The industry median Operating Margin % is 5.30. Morn Sun Feed Mill Co's value of 2.39% is 54.9% below this benchmark. Historically, Morn Sun Feed Mill Co's own Operating Margin % has ranged from 0.03 to 6.11 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 5.30, Morn Sun Feed Mill Co has consistently been below 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 Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.30, based on 1,956 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morn Sun Feed Mill Co's current Operating Margin % of 2.39% is 54.9% below 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Morn Sun Feed Mill Co and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morn Sun Feed Mill Co's current Operating Margin % is 2.39%, which is 28% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morn Sun Feed Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Morn Sun Feed Mill Co (ROCO:1240) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.79, compared to a current price of NT$55.00 — trading 25.6% above its estimated fair value. The current Operating Margin % is 2.39%, which is 28% below median its 10-year median of 3.30 and 54.9% below the Consumer Packaged Goods industry median of 5.30. Morn Sun Feed Mill Co's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Morn Sun Feed Mill Co (ROCO:1240), the current Operating Margin % is 2.39% 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 Morn Sun Feed Mill Co (ROCO:1240) Overvalued in 2026?

Based on GuruFocus' analysis, Morn Sun Feed Mill Co stock appears to be overvalued. The current stock price of NT$55.00 is trading 25.6% above its estimated GF Value™ of NT$43.79. GuruFocus considers Morn Sun Feed Mill Co to be Modestly Overvalued.

Key valuation signals for ROCO:1240:

  • Operating Margin %: 2.39% (28% below median its 10-year median of 3.30)
  • GF Value™: NT$43.79 vs. price of NT$55.00 (25.6% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 54.9% below the Consumer Packaged Goods median (#1225 of 1956)

No single metric tells the full story. See the ROCO:1240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morn Sun Feed Mill Co Business Description

Address No. 30, Heping West Road, 2nd Floor, Section 1, Zhongzheng District, Taipei, TWN
Morn Sun Feed Mill Co Ltd is engaged in the manufacture and processing and the sale of feed and raw materials trading of rice shells, flour, soybeans, barley and wheat and assorted grains, and feeding of domestic livestock and poultry, etc. Reportable segments of the Group are the Feed Segment, Egg Product Segment, Breeding Segment and other segments. The company generates maximum of its revenue from the Feed Segment. It also generates revenue from warehouse rental income and sales of breeding pigs.
85GF Score

Get the complete analysis for ROCO:1240

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

NT$55.00
Price
NT$43.79
GF Value