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ICP DAS CoROCO:3577 +5.58%70 Operating Margin % is 14.25% as of Dec. 2025, which is 4% above its 10-year median of 13.68. GuruFocus rates ROCO:3577 with a GF Score™ of 70/100 and a GF Value™ of NT$68.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,479 Hardware companies, ICP DAS Co ranks better than 87.54% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. ICP DAS Co's Operating Income for the
three
months ended in Dec. 2025 was NT$43 Mil. ICP DAS Co's Revenue for the
three
months ended in Dec. 2025 was NT$304 Mil. Therefore, ICP DAS Co's Operating Margin % for the quarter that ended in Dec. 2025 was 14.25%.
Good Sign:
ICP DAS Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for ICP DAS Co's Operating Margin % or its related term are showing as below:
ROCO:3577'
s Operating Margin % Range Over the Past 10 Years
Min: 6.34 Med: 13.68 Max: 22.91
Current: 15.84
ROCO:3577's Operating Margin % is ranked better than 87.54% of 2479
companies
in the Hardware industry
Industry Median: 3.8
vs ROCO:3577: 15.84
ICP DAS Co's 5-Year Average Operating Margin % Growth Rate was 5.80% per year.
ICP DAS Co's Operating Income for the
three
months ended in Dec. 2025 was NT$43 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$186 Mil.
ICP DAS Co (ROCO:3577) 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.
ICP DAS Co Operating Margin % Related Terms
ICP DAS Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for ICP DAS 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.
ROCO:3577 vs CSCO, CIEN, MSI: Operating Margin % Comparison
For the Communication Equipment subindustry, ICP DAS 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.
ICP DAS Co Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, ICP DAS Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where ICP DAS Co'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.
ICP DAS Co'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.
ICP DAS Co (ROCO:3577) has a Operating Margin % of 14.25% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on ICP DAS Co and its competitors. This is near median its historical median of 13.68. Over the past decade, ICP DAS Co's Operating Margin % has ranged from 6.34 to 22.91. According to the industry distribution chart, ICP DAS Co ranks #309 out of 2479 companies in the Hardware industry, placing it in the top 12.5%.
Is ICP DAS Co's Operating Margin % too high?
ICP DAS Co's current Operating Margin % of 14.25% is near median its 10-year median of 13.68. Over the past 10 years, this metric has ranged from a low of 6.34 to a high of 22.91. The Hardware industry median Operating Margin % is 3.80. ICP DAS Co's value of 14.25% is 275% above this industry median. Based on the distribution chart, ICP DAS Co ranks #309 out of 2479 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ICP DAS Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICP DAS Co's Operating Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ICP DAS Co ranks #309 out of 2479 companies for Operating Margin %. This places ICP DAS Co in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.80. ICP DAS Co's value of 14.25% is 275% above this benchmark. Historically, ICP DAS Co's own Operating Margin % has ranged from 6.34 to 22.91 over the past decade. While the company's 10-year median is 13.68 vs. the industry median of 3.80, ICP DAS Co 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 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. ICP DAS Co's current Operating Margin % of 14.25% is 275% 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 ICP DAS 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. ICP DAS Co's current Operating Margin % is 14.25%, which is near median its own 10-year median of 13.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICP DAS Co stock overvalued right now?
Based on GuruFocus' analysis, ICP DAS Co (ROCO:3577) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$68.28, compared to a current price of NT$132.50 — trading 94.1% above its estimated fair value. The current Operating Margin % is 14.25%, which is near median its 10-year median of 13.68 and 275% above the Hardware industry median of 3.80. ICP DAS Co's overall GF Score™ is 70/100 with 2 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 ICP DAS Co (ROCO:3577), the current Operating Margin % is 14.25% 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 ICP DAS Co (ROCO:3577) Overvalued in 2026?
Based on GuruFocus' analysis, ICP DAS Co stock appears to be overvalued.
The current stock price of NT$132.50 is trading 94.1% above its estimated GF Value™ of NT$68.28.
GuruFocus considers ICP DAS Co to be Significantly Overvalued.
Key valuation signals for ROCO:3577:
Operating Margin %: 14.25% (near median its 10-year median of 13.68)
GF Value™: NT$68.28 vs. price of NT$132.50 (94.1% above fair value)
Industry Position: 275% above the Hardware median (#309 of 2479)
No single metric tells the full story. See the ROCO:3577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICP DAS Co Ltd is a Taiwan based company engaged in the production and sale of industrial computer hardware, software and peripheral equipment. Its products include programmable automation controllers, PC based I/O boards, machine automation products, industrial communication products, wireless modems, intelligent power meters and others. The company also geographically operates in Taiwan, Mainland China, United States, Germany, UAE and Others. It derives maximum revenue from Taiwan.
70GF Score
Get the complete analysis for ROCO:3577
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