St Shine Optical Co (ROCO:1565) Operating Margin %: 9.56% (As of Mar. 2026) — 56% Below Median

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ROCO:1565 St Shine Optical Co Ltd ROCO:1565
71 GF Score
Price NT$91.00
GF Value NT$162.64
Valuation Possible Value Trap
! 4 Warning Signs
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What is St Shine Optical Co Operating Margin %?

St Shine Optical Co ROCO:1565 -1.30% 71 Operating Margin % is 9.56% as of Mar. 2026, which is 56% below its 10-year median of 21.88. GuruFocus rates ROCO:1565 with a GF Score™ of 71/100 and a GF Value™ of NT$162.64 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 815 Medical Devices & Instruments companies, St Shine Optical Co ranks better than 75.83% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. St Shine Optical Co's Operating Income for the three months ended in Mar. 2026 was NT$86 Mil. St Shine Optical Co's Revenue for the three months ended in Mar. 2026 was NT$900 Mil. Therefore, St Shine Optical Co's Operating Margin % for the quarter that ended in Mar. 2026 was 9.56%.

Warning Sign:

St Shine Optical Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.2%.

The historical rank and industry rank for St Shine Optical Co's Operating Margin % or its related term are showing as below:

ROCO:1565' s Operating Margin % Range Over the Past 10 Years
Min: 12.49   Med: 21.88   Max: 34.82
Current: 12.49


ROCO:1565's Operating Margin % is ranked better than
75.83% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 3.17 vs ROCO:1565: 12.49

St Shine Optical Co's 5-Year Average Operating Margin % Growth Rate was -8.20% per year.

St Shine Optical Co's Operating Income for the three months ended in Mar. 2026 was NT$86 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$488 Mil.


St Shine Optical Co  (ROCO:1565) 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.


St Shine Optical Co Operating Margin % Related Terms


St Shine Optical Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for St Shine Optical 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.

St Shine Optical Co Operating Margin % Chart

St Shine Optical 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 22.40 21.36 13.67 17.57 13.92

St Shine Optical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.42 17.89 13.09 8.58 9.56

ROCO:1565 vs ISRG, BDX, MDLN: Operating Margin % Comparison

For the Medical Instruments & Supplies subindustry, St Shine Optical 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.


St Shine Optical Co Operating Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where St Shine Optical Co's Operating Margin % falls into.


ROCO:1565
71GF Score
St Shine Optical Co Ltd ROCO:1565
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

St Shine Optical 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.

St Shine Optical 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 )
=573.075 / 4116.858
=13.92 %

St Shine Optical 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 )
=86.036 / 899.543
=9.56 %

* 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 9.56% mean?
St Shine Optical Co (ROCO:1565) has a Operating Margin % of 9.56% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on St Shine Optical Co and its competitors. This is 56% below median its historical median of 21.88. Over the past decade, St Shine Optical Co's Operating Margin % has ranged from 12.49 to 34.82. According to the industry distribution chart, St Shine Optical Co ranks #197 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 24.2%.
Is St Shine Optical Co's Operating Margin % too high?
St Shine Optical Co's current Operating Margin % of 9.56% is 56% below median its 10-year median of 21.88. Over the past 10 years, this metric has ranged from a low of 12.49 to a high of 34.82. The Medical Devices & Instruments industry median Operating Margin % is 3.17. St Shine Optical Co's value of 9.56% is 201.6% above this industry median. Based on the distribution chart, St Shine Optical Co ranks #197 out of 815 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, St Shine Optical Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does St Shine Optical Co's Operating Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, St Shine Optical Co ranks #197 out of 815 companies for Operating Margin %. This places St Shine Optical Co in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.17. St Shine Optical Co's value of 9.56% is 201.6% above this benchmark. Historically, St Shine Optical Co's own Operating Margin % has ranged from 12.49 to 34.82 over the past decade. While the company's 10-year median is 21.88 vs. the industry median of 3.17, St Shine Optical Co has consistently been above 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.17, based on 815 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. St Shine Optical Co's current Operating Margin % of 9.56% is 201.6% above 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 St Shine Optical Co and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. St Shine Optical Co's current Operating Margin % is 9.56%, which is 56% below median its own 10-year median of 21.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is St Shine Optical Co stock overvalued right now?
Based on GuruFocus' analysis, St Shine Optical Co (ROCO:1565) is currently considered Possible Value Trap. The stock's GF Value™ is NT$162.64, compared to a current price of NT$91.00 — trading 44% below its estimated fair value. The current Operating Margin % is 9.56%, which is 56% below median its 10-year median of 21.88 and 201.6% above the Medical Devices & Instruments industry median of 3.17. St Shine Optical Co's overall GF Score™ is 71/100 with 4 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 St Shine Optical Co (ROCO:1565), the current Operating Margin % is 9.56% 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 St Shine Optical Co (ROCO:1565) Overvalued in 2026?

Based on GuruFocus' analysis, St Shine Optical Co stock appears to be undervalued. The current stock price of NT$91.00 is trading 44% below its estimated GF Value™ of NT$162.64. GuruFocus considers St Shine Optical Co to be Possible Value Trap.

Key valuation signals for ROCO:1565:

  • Operating Margin %: 9.56% (56% below median its 10-year median of 21.88)
  • GF Value™: NT$162.64 vs. price of NT$91.00 (44% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 201.6% above the Medical Devices & Instruments median (#197 of 815)

No single metric tells the full story. See the ROCO:1565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


St Shine Optical Co Business Description

Address Datong Road, 5th Floor, No. 276, Section 1, Xizhi District, New Taipei City, TWN, 22146
St Shine Optical Co Ltd is engaged in the manufacturing and trading of contact lenses (soft and hard), optical lenses, and related products. Geographically, the company generates maximum of its revenue from Asia (excluding Taiwan), followed by Europe, Taiwan, and America.
71GF Score

Get the complete analysis for ROCO:1565

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

NT$91.00
Price
NT$162.64
GF Value