PixArt ImagingROCO:3227 -6.59%70 Operating Margin % is 17.09% as of Dec. 2025, which is 5% above its 10-year median of 16.26. GuruFocus rates ROCO:3227 with a GF Score™ of 70/100 and a GF Value™ of NT$235.89 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,023 Semiconductors companies, PixArt Imaging ranks better than 84.26% on this metric.
PixArt Imaging Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for PixArt Imaging's Operating Margin % or its related term are showing as below:
ROCO:3227'
s Operating Margin % Range Over the Past 10 Years
Min: 0.17 Med: 16.26 Max: 22.69
Current: 20.71
ROCO:3227's Operating Margin % is ranked better than 84.26% of 1023
companies
in the Semiconductors industry
Industry Median: 5.24
vs ROCO:3227: 20.71
PixArt Imaging's 5-Year Average Operating Margin % Growth Rate was 11.70% per year.
PixArt Imaging's Operating Income for the
three
months ended in Dec. 2025 was NT$391 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,890 Mil.
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 Nokias 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.
PixArt Imaging Operating Margin % Related Terms
PixArt Imaging Operating Margin % Historical Data
* Premium members only.
The historical data trend for PixArt Imaging'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.
ROCO:3227 vs NVDA, AVGO, MU: Operating Margin % Comparison
For the Semiconductors subindustry, PixArt Imaging'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.
PixArt Imaging Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, PixArt Imaging's Operating Margin % distribution charts can be found below:
* The bar in red indicates where PixArt Imaging's Operating Margin % falls into.
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.
PixArt Imaging's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
PixArt Imaging (ROCO:3227) has a Operating Margin % of 17.09% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on PixArt Imaging and its competitors. This is near median its historical median of 16.26. Over the past decade, PixArt Imaging's Operating Margin % has ranged from 0.17 to 22.69. According to the industry distribution chart, PixArt Imaging ranks #161 out of 1023 companies in the Semiconductors industry, placing it in the top 15.7%.
Is PixArt Imaging's Operating Margin % too high?
PixArt Imaging's current Operating Margin % of 17.09% is near median its 10-year median of 16.26. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 22.69. The Semiconductors industry median Operating Margin % is 5.24. PixArt Imaging's value of 17.09% is 226.1% above this industry median. Based on the distribution chart, PixArt Imaging ranks #161 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, PixArt Imaging has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PixArt Imaging's Operating Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, PixArt Imaging ranks #161 out of 1023 companies for Operating Margin %. This places PixArt Imaging in the top 16% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. PixArt Imaging's value of 17.09% is 226.1% above this benchmark. Historically, PixArt Imaging's own Operating Margin % has ranged from 0.17 to 22.69 over the past decade. While the company's 10-year median is 16.26 vs. the industry median of 5.24, PixArt Imaging 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.24, based on 1,023 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. PixArt Imaging's current Operating Margin % of 17.09% is 226.1% 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 PixArt Imaging and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PixArt Imaging's current Operating Margin % is 17.09%, which is near median its own 10-year median of 16.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PixArt Imaging stock overvalued right now?
Based on GuruFocus' analysis, PixArt Imaging (ROCO:3227) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$235.89, compared to a current price of NT$212.50 — trading 9.9% below its estimated fair value. The current Operating Margin % is 17.09%, which is near median its 10-year median of 16.26 and 226.1% above the Semiconductors industry median of 5.24. PixArt Imaging's overall GF Score™ is 70/100 with 1 warning sign 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 PixArt Imaging (ROCO:3227), the current Operating Margin % is 17.09% 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 PixArt Imaging (ROCO:3227) Overvalued in 2026?
Based on GuruFocus' analysis, PixArt Imaging stock appears to be undervalued.
The current stock price of NT$212.50 is trading 9.9% below its estimated GF Value™ of NT$235.89.
GuruFocus considers PixArt Imaging to be Modestly Undervalued.
Key valuation signals for ROCO:3227:
Operating Margin %: 17.09% (near median its 10-year median of 16.26)
GF Value™: NT$235.89 vs. price of NT$212.50 (9.9% below fair value)
Industry Position: 226.1% above the Semiconductors median (#161 of 1023)
No single metric tells the full story. See the ROCO:3227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PixArt Imaging Inc manufactures and sells CMOS image sensors and related integrated circuits. It offers wired & wireless mouse sensors, PS2 mouse soc, USB mouse soc, laser mouse sensor, CMOS image sensor, PC-camera SoC, PC-camera controller, and others. Geographically, the company derives a majority of its revenue from Taiwan and Asia and other regions.
70GF Score
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