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Asia Tech ImageROCO:4974 -1.84%76 Operating Margin % is 8.17% as of Dec. 2025, which is 27% below its 10-year median of 11.17. GuruFocus rates ROCO:4974 with a GF Score™ of 76/100 and a GF Value™ of NT$65.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,477 Hardware companies, Asia Tech Image ranks better than 78.72% on this metric.
Asia Tech Image (ROCO:4974) 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.
Asia Tech Image Operating Margin % Related Terms
Asia Tech Image Operating Margin % Historical Data
* Premium members only.
The historical data trend for Asia Tech Image'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:4974 vs APH, GLW: Operating Margin % Comparison
For the Electronic Components subindustry, Asia Tech Image'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.
Asia Tech Image Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Asia Tech Image's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Asia Tech Image'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.
Asia Tech Image'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.
Asia Tech Image (ROCO:4974) has a Operating Margin % of 8.17% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Asia Tech Image and its competitors. This is 27% below median its historical median of 11.17. Over the past decade, Asia Tech Image's Operating Margin % has ranged from 9.34 to 13.33. According to the industry distribution chart, Asia Tech Image ranks #527 out of 2477 companies in the Hardware industry, placing it in the top 21.3%.
Is Asia Tech Image's Operating Margin % too high?
Asia Tech Image's current Operating Margin % of 8.17% is 27% below median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 9.34 to a high of 13.33. The Hardware industry median Operating Margin % is 3.82. Asia Tech Image's value of 8.17% is 113.9% above this industry median. Based on the distribution chart, Asia Tech Image ranks #527 out of 2477 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Tech Image has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Tech Image's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Tech Image ranks #527 out of 2477 companies for Operating Margin %. This places Asia Tech Image in the top 21% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.82. Asia Tech Image's value of 8.17% is 113.9% above this benchmark. Historically, Asia Tech Image's own Operating Margin % has ranged from 9.34 to 13.33 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 3.82, Asia Tech Image 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 3.82, based on 2,477 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. Asia Tech Image's current Operating Margin % of 8.17% is 113.9% 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 Asia Tech Image and its competitors. For the Hardware industry, the median Operating Margin % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Tech Image's current Operating Margin % is 8.17%, which is 27% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Tech Image stock overvalued right now?
Based on GuruFocus' analysis, Asia Tech Image (ROCO:4974) is currently considered Fairly Valued. The stock's GF Value™ is NT$65.09, compared to a current price of NT$69.50 — trading 6.8% above its estimated fair value. The current Operating Margin % is 8.17%, which is 27% below median its 10-year median of 11.17 and 113.9% above the Hardware industry median of 3.82. Asia Tech Image's overall GF Score™ is 76/100 with 6 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 Asia Tech Image (ROCO:4974), the current Operating Margin % is 8.17% 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 Asia Tech Image (ROCO:4974) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Tech Image stock appears to be overvalued.
The current stock price of NT$69.50 is trading 6.8% above its estimated GF Value™ of NT$65.09.
GuruFocus considers Asia Tech Image to be Fairly Valued.
Key valuation signals for ROCO:4974:
Operating Margin %: 8.17% (27% below median its 10-year median of 11.17)
GF Value™: NT$65.09 vs. price of NT$69.50 (6.8% above fair value)
Industry Position: 113.9% above the Hardware median (#527 of 2477)
No single metric tells the full story. See the ROCO:4974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Tech Image Inc is engaged in manufacturing and selling contact image sensor modules the scope of product application is mainly for multi-functional business machines. its product includes CIS modules applied to Inkjet multi-functional printers (MFP), Laser MFP, Scanners, Plain paper copiers, and digital photo frames. It operates in three principal geographical areas including Taiwan, China, and Burma.
76GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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