Topco Technologies (ROCO:3388) Operating Margin %: 6.28% (As of Dec. 2025) — Near Median


ROCO:3388 Topco Technologies Corp ROCO:3388
62 GF Score
Price NT$84.00
GF Value NT$59.71
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Topco Technologies Operating Margin %?

Topco Technologies ROCO:3388 -4.00% 62 Operating Margin % is 6.28% as of Dec. 2025, which is 0% below its 10-year median of 6.29. GuruFocus rates ROCO:3388 with a GF Score™ of 62/100 and a GF Value™ of NT$59.71 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,585 Chemicals companies, Topco Technologies ranks better than 51.04% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Topco Technologies's Operating Income for the three months ended in Dec. 2025 was NT$115 Mil. Topco Technologies's Revenue for the three months ended in Dec. 2025 was NT$1,835 Mil. Therefore, Topco Technologies's Operating Margin % for the quarter that ended in Dec. 2025 was 6.28%.

Warning Sign:

Topco Technologies Corp operating margin has been in a 5-year decline. The average rate of decline per year is -4.5%.

The historical rank and industry rank for Topco Technologies's Operating Margin % or its related term are showing as below:

ROCO:3388' s Operating Margin % Range Over the Past 10 Years
Min: 4.59   Med: 6.29   Max: 8.15
Current: 6.21


ROCO:3388's Operating Margin % is ranked better than
51.04% of 1585 companies
in the Chemicals industry
Industry Median: 6.02 vs ROCO:3388: 6.21

Topco Technologies's 5-Year Average Operating Margin % Growth Rate was -4.50% per year.

Topco Technologies's Operating Income for the three months ended in Dec. 2025 was NT$115 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$457 Mil.


Topco Technologies  (ROCO:3388) 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.


Topco Technologies Operating Margin % Related Terms


Topco Technologies Operating Margin % Historical Data

* Premium members only.

The historical data trend for Topco Technologies'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.

Topco Technologies Operating Margin % Chart

Topco Technologies 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 8.15 6.79 4.59 5.61 6.21

Topco Technologies 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 5.75 5.42 6.35 6.76 6.28

ROCO:3388 vs LIN, SHW, ECL: Operating Margin % Comparison

For the Specialty Chemicals subindustry, Topco Technologies'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.


Topco Technologies Operating Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Topco Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Topco Technologies's Operating Margin % falls into.


ROCO:3388
62GF Score
Topco Technologies Corp ROCO:3388
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Topco Technologies 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.

Topco Technologies'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 )
=457.221 / 7363.838
=6.21 %

Topco Technologies'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 )
=115.186 / 1835.491
=6.28 %

* 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 6.28% mean?
Topco Technologies (ROCO:3388) has a Operating Margin % of 6.28% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Topco Technologies and its competitors. This is near median its historical median of 6.29. Over the past decade, Topco Technologies' Operating Margin % has ranged from 4.59 to 8.15. According to the industry distribution chart, Topco Technologies ranks #776 out of 1585 companies in the Chemicals industry, placing it in the top 49%.
Is Topco Technologies' Operating Margin % too high?
Topco Technologies' current Operating Margin % of 6.28% is near median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 8.15. The Chemicals industry median Operating Margin % is 6.02. Topco Technologies' value of 6.28% is 4.3% above this industry median. Based on the distribution chart, Topco Technologies ranks #776 out of 1585 companies in the Chemicals industry, which is above the industry midpoint. Overall, Topco Technologies has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Topco Technologies' Operating Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Topco Technologies ranks #776 out of 1585 companies for Operating Margin %. This puts Topco Technologies in the upper half of its industry. The industry median Operating Margin % is 6.02. Topco Technologies' value of 6.28% is 4.3% above this benchmark. Historically, Topco Technologies' own Operating Margin % has ranged from 4.59 to 8.15 over the past decade. While the company's 10-year median is 6.29 vs. the industry median of 6.02, Topco Technologies 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 Chemicals company?
The median Operating Margin % among Chemicals companies is 6.02, based on 1,585 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. Topco Technologies's current Operating Margin % of 6.28% is 4.3% 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 Topco Technologies and its competitors. For the Chemicals industry, the median Operating Margin % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topco Technologies's current Operating Margin % is 6.28%, which is near median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topco Technologies stock overvalued right now?
Based on GuruFocus' analysis, Topco Technologies (ROCO:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$59.71, compared to a current price of NT$84.00 — trading 40.7% above its estimated fair value. The current Operating Margin % is 6.28%, which is near median its 10-year median of 6.29 and 4.3% above the Chemicals industry median of 6.02. Topco Technologies' overall GF Score™ is 62/100 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 Topco Technologies (ROCO:3388), the current Operating Margin % is 6.28% 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 Topco Technologies (ROCO:3388) Overvalued in 2026?

Based on GuruFocus' analysis, Topco Technologies stock appears to be overvalued. The current stock price of NT$84.00 is trading 40.7% above its estimated GF Value™ of NT$59.71. GuruFocus considers Topco Technologies to be Significantly Overvalued.

Key valuation signals for ROCO:3388:

  • Operating Margin %: 6.28% (near median its 10-year median of 6.29)
  • GF Value™: NT$59.71 vs. price of NT$84.00 (40.7% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 4.3% above the Chemicals median (#776 of 1585)

No single metric tells the full story. See the ROCO:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topco Technologies Business Description

Address No.102, Sec. 4, Civic Boulevard, 14th Floor, Da-an District, Taipei, TWN, 10690
Topco Technologies Corp is engaged in the import and export business of products related to chemical materials and business of general trading activities. Its products include silicone oil, cosmetic raw materials, silicone rubber, silicone powder, conductive thermal material, grease, architectural curtains, sealant, and others. The company operates in three segments: Taipei Department, Overseas Department, and Taichung Department. The majority of its revenue is generated from the Overseas Department, which is responsible for the merchandising business of importing and exporting chemical material-related products according to different regions. Geographically, it operates in Taiwan and Mainland China.
62GF Score

Get the complete analysis for ROCO:3388

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

NT$84.00
Price
NT$59.71
GF Value