Thermaltake Technology Co (ROCO:3540) Operating Margin %: -3.49% (As of Dec. 2025)


ROCO:3540 Thermaltake Technology Co Ltd ROCO:3540
58 GF Score
Price NT$23.95
GF Value NT$50.74
Valuation Possible Value Trap
! 7 Warning Signs
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What is Thermaltake Technology Co Operating Margin %?

Thermaltake Technology Co ROCO:3540 58 Operating Margin % is -3.49% as of Dec. 2025. GuruFocus rates ROCO:3540 with a GF Score™ of 58/100 and a GF Value™ of NT$50.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,479 Hardware companies, Thermaltake Technology Co ranks worse than 59.9% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Thermaltake Technology Co's Operating Income for the three months ended in Dec. 2025 was NT$-46 Mil. Thermaltake Technology Co's Revenue for the three months ended in Dec. 2025 was NT$1,333 Mil. Therefore, Thermaltake Technology Co's Operating Margin % for the quarter that ended in Dec. 2025 was -3.49%.

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

ROCO:3540' s Operating Margin % Range Over the Past 10 Years
Min: -3.81   Med: 2.53   Max: 11.94
Current: 2.08


ROCO:3540's Operating Margin % is ranked worse than
59.9% of 2479 companies
in the Hardware industry
Industry Median: 3.8 vs ROCO:3540: 2.08

Thermaltake Technology Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Thermaltake Technology Co's Operating Income for the three months ended in Dec. 2025 was NT$-46 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$107 Mil.

Warning Sign:

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


Thermaltake Technology Co  (ROCO:3540) 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.


Thermaltake Technology Co Operating Margin % Related Terms


Thermaltake Technology Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Thermaltake 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.

Thermaltake Technology Co Operating Margin % Chart

Thermaltake 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 7.87 -2.27 2.11 -3.81 2.07

Thermaltake 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 -3.20 1.55 9.44 1.00 -3.49

ROCO:3540 vs SNX, ARW, AVT: Operating Margin % Comparison

For the Electronics & Computer Distribution subindustry, Thermaltake 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.


Thermaltake Technology Co Operating Margin % vs Hardware Industry

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

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


ROCO:3540
58GF Score
Thermaltake Technology Co Ltd ROCO:3540
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermaltake 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.

Thermaltake 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 )
=106.601 / 5137.922
=2.07 %

Thermaltake 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 )
=-46.499 / 1333.252
=-3.49 %

* 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 -3.49% mean?
Thermaltake Technology Co (ROCO:3540) has a Operating Margin % of -3.49% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Thermaltake Technology Co and its competitors. According to the industry distribution chart, Thermaltake Technology Co ranks #1485 out of 2479 companies in the Hardware industry, placing it in the top 59.9%.
Is Thermaltake Technology Co's Operating Margin % too high?
Thermaltake Technology Co's current Operating Margin % is -3.49%. Based on the distribution chart, Thermaltake Technology Co ranks #1485 out of 2479 companies in the Hardware industry, which is below the industry midpoint. Overall, Thermaltake Technology Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermaltake Technology Co's Operating Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Thermaltake Technology Co ranks #1485 out of 2479 companies for Operating Margin %. This places Thermaltake Technology Co in the lower half of its industry. The industry median Operating Margin % is 3.80. 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 3.80, based on 2,479 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. 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 Thermaltake Technology Co and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermaltake Technology Co's current Operating Margin % is -3.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermaltake Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thermaltake Technology Co (ROCO:3540) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.74, compared to a current price of NT$23.95 — trading 52.8% below its estimated fair value. The current Operating Margin % is -3.49%. Thermaltake Technology Co's overall GF Score™ is 58/100 with 7 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 Thermaltake Technology Co (ROCO:3540), the current Operating Margin % is -3.49% 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 Thermaltake Technology Co (ROCO:3540) Overvalued in 2026?

Based on GuruFocus' analysis, Thermaltake Technology Co stock appears to be undervalued. The current stock price of NT$23.95 is trading 52.8% below its estimated GF Value™ of NT$50.74. GuruFocus considers Thermaltake Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3540:

  • Operating Margin %: -3.49%
  • GF Value™: NT$50.74 vs. price of NT$23.95 (52.8% below fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the ROCO:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermaltake Technology Co Business Description

Address Tiding boulevard, 5th Floor, No. 185, Section 2, Neihu District, New Taipei City, TWN, 114
Thermaltake Technology Co Ltd currently engages in the wholesale of electronic materials, office machinery, and equipment, the design and trading of computers, and peripheral equipment. Geographically, the company has a presence in America, Asia, Europe, and other regions.
58GF Score

Get the complete analysis for ROCO:3540

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

NT$23.95
Price
NT$50.74
GF Value