Viking TechROCO:3624 -9.74%57 Operating Margin % is 7.15% as of Dec. 2025, which is 26% below its 10-year median of 9.61. GuruFocus rates ROCO:3624 with a GF Score™ of 57/100 and a GF Value™ of NT$50.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,472 Hardware companies, Viking Tech ranks better than 74.43% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Viking Tech's Operating Income for the
three
months ended in Dec. 2025 was NT$47 Mil. Viking Tech's Revenue for the
three
months ended in Dec. 2025 was NT$657 Mil. Therefore, Viking Tech's Operating Margin % for the quarter that ended in Dec. 2025 was 7.15%.
Warning Sign:
Viking Tech Corp operating margin has been in a 5-year decline. The average rate of decline per year is -6.7%.
The historical rank and industry rank for Viking Tech's Operating Margin % or its related term are showing as below:
ROCO:3624'
s Operating Margin % Range Over the Past 10 Years
Min: 8.23 Med: 9.61 Max: 20.23
Current: 9.7
ROCO:3624's Operating Margin % is ranked better than 74.43% of 2472
companies
in the Hardware industry
Industry Median: 3.81
vs ROCO:3624: 9.70
Viking Tech's 5-Year Average Operating Margin % Growth Rate was -6.70% per year.
Viking Tech's Operating Income for the
three
months ended in Dec. 2025 was NT$47 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$260 Mil.
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.
Viking Tech Operating Margin % Related Terms
Viking Tech Operating Margin % Historical Data
* Premium members only.
The historical data trend for Viking Tech'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:3624 vs APH, GLW, TEL: Operating Margin % Comparison
For the Electronic Components subindustry, Viking Tech'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.
Viking Tech Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Viking Tech's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Viking Tech'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.
Viking Tech'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.
Viking Tech (ROCO:3624) has a Operating Margin % of 7.15% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Viking Tech and its competitors. This is 26% below median its historical median of 9.61. Over the past decade, Viking Tech's Operating Margin % has ranged from 8.23 to 20.23. According to the industry distribution chart, Viking Tech ranks #632 out of 2472 companies in the Hardware industry, placing it in the top 25.6%.
Is Viking Tech's Operating Margin % too high?
Viking Tech's current Operating Margin % of 7.15% is 26% below median its 10-year median of 9.61. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 20.23. The Hardware industry median Operating Margin % is 3.81. Viking Tech's value of 7.15% is 87.7% above this industry median. Based on the distribution chart, Viking Tech ranks #632 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Viking Tech has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Tech's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Viking Tech ranks #632 out of 2472 companies for Operating Margin %. This puts Viking Tech in the upper half of its industry. The industry median Operating Margin % is 3.81. Viking Tech's value of 7.15% is 87.7% above this benchmark. Historically, Viking Tech's own Operating Margin % has ranged from 8.23 to 20.23 over the past decade. While the company's 10-year median is 9.61 vs. the industry median of 3.81, Viking Tech 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 3.81, 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. Viking Tech's current Operating Margin % of 7.15% is 87.7% 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 Viking Tech 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. Viking Tech's current Operating Margin % is 7.15%, which is 26% below median its own 10-year median of 9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Tech stock overvalued right now?
Based on GuruFocus' analysis, Viking Tech (ROCO:3624) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.93, compared to a current price of NT$139.00 — trading 172.9% above its estimated fair value. The current Operating Margin % is 7.15%, which is 26% below median its 10-year median of 9.61 and 87.7% above the Hardware industry median of 3.81. Viking Tech's overall GF Score™ is 57/100 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 Viking Tech (ROCO:3624), the current Operating Margin % is 7.15% 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 Viking Tech (ROCO:3624) Overvalued in 2026?
Based on GuruFocus' analysis, Viking Tech stock appears to be overvalued.
The current stock price of NT$139.00 is trading 172.9% above its estimated GF Value™ of NT$50.93.
GuruFocus considers Viking Tech to be Significantly Overvalued.
Key valuation signals for ROCO:3624:
Operating Margin %: 7.15% (26% below median its 10-year median of 9.61)
GF Value™: NT$50.93 vs. price of NT$139.00 (172.9% above fair value)
Industry Position: 87.7% above the Hardware median (#632 of 2472)
No single metric tells the full story. See the ROCO:3624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.
57GF Score
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