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T-win SystemsROCO:3693 +3.31%66 Operating Margin % is 14.84% as of Jun. 2026, which is 183% above its 10-year median of 5.24. GuruFocus rates ROCO:3693 with a GF Score™ of 66/100 and a GF Value™ of NT$285.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,476 Hardware companies, T-win Systems ranks better than 67.33% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. T-win Systems's Operating Income for the
three
months ended in Jun. 2026 was NT$377 Mil. T-win Systems's Revenue for the
three
months ended in Jun. 2026 was NT$2,539 Mil. Therefore, T-win Systems's Operating Margin % for the quarter that ended in Jun. 2026 was 14.84%.
Good Sign:
T-win Systems Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for T-win Systems's Operating Margin % or its related term are showing as below:
ROCO:3693'
s Operating Margin % Range Over the Past 10 Years
Min: -2.95 Med: 5.24 Max: 15.08
Current: 7.85
ROCO:3693's Operating Margin % is ranked better than 67.33% of 2476
companies
in the Hardware industry
Industry Median: 3.925
vs ROCO:3693: 7.85
T-win Systems's 5-Year Average Operating Margin % Growth Rate was 28.80% per year.
T-win Systems's Operating Income for the
three
months ended in Jun. 2026 was NT$377 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$574 Mil.
T-win Systems (ROCO:3693) 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.
T-win Systems Operating Margin % Related Terms
T-win Systems Operating Margin % Historical Data
* Premium members only.
The historical data trend for T-win Systems'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:3693 vs DELL, ANET, SNDK: Operating Margin % Comparison
For the Computer Hardware subindustry, T-win Systems'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.
T-win Systems Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, T-win Systems's Operating Margin % distribution charts can be found below:
* The bar in red indicates where T-win Systems'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.
T-win Systems'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.
T-win Systems (ROCO:3693) has a Operating Margin % of 14.84% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on T-win Systems and its competitors. This is 183% above median its historical median of 5.24. According to the industry distribution chart, T-win Systems ranks #809 out of 2476 companies in the Hardware industry, placing it in the top 32.7%.
Is T-win Systems' Operating Margin % too high?
T-win Systems' current Operating Margin % of 14.84% is 183% above median its 10-year median of 5.24. The Hardware industry median Operating Margin % is 3.93. T-win Systems' value of 14.84% is 278.1% above this industry median. Based on the distribution chart, T-win Systems ranks #809 out of 2476 companies in the Hardware industry, which is above the industry midpoint. Overall, T-win Systems has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-win Systems' Operating Margin % compare to DELL and ANET?
According to the Hardware industry distribution chart, T-win Systems ranks #809 out of 2476 companies for Operating Margin %. This puts T-win Systems in the upper half of its industry. The industry median Operating Margin % is 3.93. T-win Systems' value of 14.84% is 278.1% above this benchmark. While the company's 10-year median is 5.24 vs. the industry median of 3.93, T-win Systems 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 3.93, based on 2,476 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. T-win Systems's current Operating Margin % of 14.84% is 278.1% 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 T-win Systems and its competitors. For the Hardware industry, the median Operating Margin % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T-win Systems's current Operating Margin % is 14.84%, which is 183% above median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-win Systems stock overvalued right now?
Based on GuruFocus' analysis, T-win Systems (ROCO:3693) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$285.83, compared to a current price of NT$624.00 — trading 118.3% above its estimated fair value. The current Operating Margin % is 14.84%, which is 183% above median its 10-year median of 5.24 and 278.1% above the Hardware industry median of 3.93. T-win Systems' overall GF Score™ is 66/100 with 3 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 T-win Systems (ROCO:3693), the current Operating Margin % is 14.84% as of Jun. 2026. 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 T-win Systems (ROCO:3693) Overvalued in 2026?
Based on GuruFocus' analysis, T-win Systems stock appears to be overvalued.
The current stock price of NT$624.00 is trading 118.3% above its estimated GF Value™ of NT$285.83.
GuruFocus considers T-win Systems to be Significantly Overvalued.
Key valuation signals for ROCO:3693:
Operating Margin %: 14.84% (183% above median its 10-year median of 5.24)
GF Value™: NT$285.83 vs. price of NT$624.00 (118.3% above fair value)
Industry Position: 278.1% above the Hardware median (#809 of 2476)
No single metric tells the full story. See the ROCO:3693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.
66GF Score
Get the complete analysis for ROCO:3693
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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