Forcecon Technology Co (ROCO:3483) Operating Margin %: 2.39% (As of Dec. 2025) — 43% Below Median


ROCO:3483 Forcecon Technology Co Ltd ROCO:3483
76 GF Score
Price NT$86.40
GF Value NT$131.17
Valuation Significantly Undervalued
! 9 Warning Signs
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What is Forcecon Technology Co Operating Margin %?

Forcecon Technology Co ROCO:3483 -4.21% 76 Operating Margin % is 2.39% as of Dec. 2025, which is 43% below its 10-year median of 4.19. GuruFocus rates ROCO:3483 with a GF Score™ of 76/100 and a GF Value™ of NT$131.17 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 2,472 Hardware companies, Forcecon Technology Co ranks worse than 52.1% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Forcecon Technology Co's Operating Income for the three months ended in Dec. 2025 was NT$51 Mil. Forcecon Technology Co's Revenue for the three months ended in Dec. 2025 was NT$2,119 Mil. Therefore, Forcecon Technology Co's Operating Margin % for the quarter that ended in Dec. 2025 was 2.39%.

Warning Sign:

Forcecon Technology Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.9%.

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

ROCO:3483' s Operating Margin % Range Over the Past 10 Years
Min: 1   Med: 4.19   Max: 8.34
Current: 3.35


ROCO:3483's Operating Margin % is ranked worse than
52.1% of 2472 companies
in the Hardware industry
Industry Median: 3.81 vs ROCO:3483: 3.35

Forcecon Technology Co's 5-Year Average Operating Margin % Growth Rate was -13.90% per year.

Forcecon Technology Co's Operating Income for the three months ended in Dec. 2025 was NT$51 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$301 Mil.

Warning Sign:

Forcecon Technology Co Ltd has recorded a loss in operating income at least once over the past 3 years.


Forcecon Technology Co  (ROCO:3483) 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.


Forcecon Technology Co Operating Margin % Related Terms


Forcecon Technology Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Forcecon Technology 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.

Forcecon Technology Co Operating Margin % Chart

Forcecon Technology 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 5.23 4.60 6.37 3.77 3.35

Forcecon Technology 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 2.66 -2.54 5.96 5.66 2.39

ROCO:3483 vs SNX, ARW, AVT: Operating Margin % Comparison

For the Electronics & Computer Distribution subindustry, Forcecon Technology 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.


Forcecon Technology Co Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Forcecon Technology Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Forcecon Technology Co's Operating Margin % falls into.


ROCO:3483
76GF Score
Forcecon Technology Co Ltd ROCO:3483
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forcecon Technology 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.

Forcecon Technology 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 )
=301.363 / 9003.074
=3.35 %

Forcecon Technology 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 )
=50.547 / 2118.667
=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?
Forcecon Technology Co (ROCO:3483) 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 Forcecon Technology Co and its competitors. This is 43% below median its historical median of 4.19. Over the past decade, Forcecon Technology Co's Operating Margin % has ranged from 1.00 to 8.34. According to the industry distribution chart, Forcecon Technology Co ranks #1288 out of 2472 companies in the Hardware industry, placing it in the top 52.1%.
Is Forcecon Technology Co's Operating Margin % too high?
Forcecon Technology Co's current Operating Margin % of 2.39% is 43% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.34. The Hardware industry median Operating Margin % is 3.81. Forcecon Technology Co's value of 2.39% is 37.3% below this industry median. Based on the distribution chart, Forcecon Technology Co ranks #1288 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Forcecon Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forcecon Technology Co's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Forcecon Technology Co ranks #1288 out of 2472 companies for Operating Margin %. This places Forcecon Technology Co in the lower half of its industry. The industry median Operating Margin % is 3.81. Forcecon Technology Co's value of 2.39% is 37.3% below this benchmark. Historically, Forcecon Technology Co's own Operating Margin % has ranged from 1.00 to 8.34 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 3.81, Forcecon Technology 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.81, based on 2,472 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. Forcecon Technology Co's current Operating Margin % of 2.39% is 37.3% 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 Forcecon Technology Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcecon Technology Co's current Operating Margin % is 2.39%, which is 43% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcecon Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Forcecon Technology Co (ROCO:3483) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$131.17, compared to a current price of NT$86.40 — trading 34.1% below its estimated fair value. The current Operating Margin % is 2.39%, which is 43% below median its 10-year median of 4.19 and 37.3% below the Hardware industry median of 3.81. Forcecon Technology Co's overall GF Score™ is 76/100 with 9 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 Forcecon Technology Co (ROCO:3483), 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 Forcecon Technology Co (ROCO:3483) Overvalued in 2026?

Based on GuruFocus' analysis, Forcecon Technology Co stock appears to be undervalued. The current stock price of NT$86.40 is trading 34.1% below its estimated GF Value™ of NT$131.17. GuruFocus considers Forcecon Technology Co to be Significantly Undervalued.

Key valuation signals for ROCO:3483:

  • Operating Margin %: 2.39% (43% below median its 10-year median of 4.19)
  • GF Value™: NT$131.17 vs. price of NT$86.40 (34.1% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 37.3% below the Hardware median (#1288 of 2472)

No single metric tells the full story. See the ROCO:3483 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forcecon Technology Co Business Description

Address 2nd Floor, No. 31, Xintai road, Hsinchu County, Zhubei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan-based company engaged in business activities that include the design, manufacturing, processing, and trading of computer and peripheral equipment components. The company has a wide range of applications and product portfolios that include axial fans, blower fans, heat pipes, vapor chambers, slim vapor chambers, heat sinks, thermal modules, cold plates liquid cooling, and immersion cooling technology.
76GF Score

Get the complete analysis for ROCO:3483

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

NT$86.40
Price
NT$131.17
GF Value