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Top High ImageROCO:3284 +1.38%59 Operating Margin % is 13.35% as of Dec. 2025, which is 574% above its 10-year median of 1.98. GuruFocus rates ROCO:3284 with a GF Score™ of 59/100 and a GF Value™ of NT$19.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,030 Industrial Products companies, Top High Image ranks better than 81.12% on this metric.
The historical rank and industry rank for Top High Image's Operating Margin % or its related term are showing as below:
ROCO:3284'
s Operating Margin % Range Over the Past 10 Years
Min: -8.39 Med: 1.98 Max: 22.34
Current: 14.51
ROCO:3284's Operating Margin % is ranked better than 81.12% of 3030
companies
in the Industrial Products industry
Industry Median: 6.51
vs ROCO:3284: 14.51
Top High Image's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Top High Image's Operating Income for the
three
months ended in Dec. 2025 was NT$32.0 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$126.1 Mil.
Top High Image (ROCO:3284) 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 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.
Top High Image Operating Margin % Related Terms
Top High Image Operating Margin % Historical Data
* Premium members only.
The historical data trend for Top High Image'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:3284 vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, Top High Image'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.
Top High Image Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Top High Image's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Top High Image'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.
Top High Image'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.
Top High Image (ROCO:3284) has a Operating Margin % of 13.35% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Top High Image and its competitors. This is 574% above median its historical median of 1.98. According to the industry distribution chart, Top High Image ranks #572 out of 3030 companies in the Industrial Products industry, placing it in the top 18.9%.
Is Top High Image's Operating Margin % too high?
Top High Image's current Operating Margin % of 13.35% is 574% above median its 10-year median of 1.98. The Industrial Products industry median Operating Margin % is 6.51. Top High Image's value of 13.35% is 105.1% above this industry median. Based on the distribution chart, Top High Image ranks #572 out of 3030 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Top High Image has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top High Image's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Top High Image ranks #572 out of 3030 companies for Operating Margin %. This places Top High Image in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.51. Top High Image's value of 13.35% is 105.1% above this benchmark. While the company's 10-year median is 1.98 vs. the industry median of 6.51, Top High Image 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.51, based on 3,030 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. Top High Image's current Operating Margin % of 13.35% is 105.1% 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 Top High Image and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top High Image's current Operating Margin % is 13.35%, which is 574% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top High Image stock overvalued right now?
Based on GuruFocus' analysis, Top High Image (ROCO:3284) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.54, compared to a current price of NT$25.80 — trading 32% above its estimated fair value. The current Operating Margin % is 13.35%, which is 574% above median its 10-year median of 1.98 and 105.1% above the Industrial Products industry median of 6.51. Top High Image's overall GF Score™ is 59/100 with 8 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 Top High Image (ROCO:3284), the current Operating Margin % is 13.35% 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 Top High Image (ROCO:3284) Overvalued in 2026?
Based on GuruFocus' analysis, Top High Image stock appears to be overvalued.
The current stock price of NT$25.80 is trading 32% above its estimated GF Value™ of NT$19.54.
GuruFocus considers Top High Image to be Significantly Overvalued.
Key valuation signals for ROCO:3284:
Operating Margin %: 13.35% (574% above median its 10-year median of 1.98)
GF Value™: NT$19.54 vs. price of NT$25.80 (32% above fair value)
Industry Position: 105.1% above the Industrial Products median (#572 of 3030)
No single metric tells the full story. See the ROCO:3284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top High Image Corp. is a company based in Kaohsiung, Taiwan, specializing in manufacturing and selling offset printing plates and printing consumables. It offers a wide range of printing plates, including process-free, thermal CTP, positive thermal CTP, and conventional plates used in various printing applications like brochures, newspapers, packaging, and labels. Besides printing plates, it also deals in trading and services, food manufacturing and wholesale, advertising, and real estate agency and leasing services. The main source of income for the company was through the sales of pre-sensitized plates and the land through a joint construction and sub-sales project as well as a real estate agency.
59GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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