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Aspeed TechnologyROCO:5274 +0.04%82 Operating Margin % is 49.84% as of Dec. 2025, which is 21% above its 10-year median of 41.04. GuruFocus rates ROCO:5274 with a GF Score™ of 82/100 and a GF Value™ of NT$8,252.78 (Significantly Overvalued). Among 1,023 Semiconductors companies, Aspeed Technology ranks better than 98.73% on this metric.
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.
Aspeed Technology Operating Margin % Related Terms
Aspeed Technology Operating Margin % Historical Data
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The historical data trend for Aspeed Technology'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:5274 vs NVDA, AVGO, MU: Operating Margin % Comparison
For the Semiconductors subindustry, Aspeed Technology'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.
Aspeed Technology Operating Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Aspeed Technology's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Aspeed Technology'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.
Aspeed Technology'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.
Aspeed Technology (ROCO:5274) has a Operating Margin % of 49.84% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Aspeed Technology and its competitors. This is 21% above median its historical median of 41.04. Over the past decade, Aspeed Technology's Operating Margin % has ranged from 34.19 to 51.30. According to the industry distribution chart, Aspeed Technology ranks #13 out of 1023 companies in the Semiconductors industry, placing it in the top 1.3%.
Is Aspeed Technology's Operating Margin % too high?
Aspeed Technology's current Operating Margin % of 49.84% is 21% above median its 10-year median of 41.04. Over the past 10 years, this metric has ranged from a low of 34.19 to a high of 51.30. The Semiconductors industry median Operating Margin % is 5.33. Aspeed Technology's value of 49.84% is 835.1% above this industry median. Based on the distribution chart, Aspeed Technology ranks #13 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Aspeed Technology has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspeed Technology's Operating Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Aspeed Technology ranks #13 out of 1023 companies for Operating Margin %. This places Aspeed Technology in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.33. Aspeed Technology's value of 49.84% is 835.1% above this benchmark. Historically, Aspeed Technology's own Operating Margin % has ranged from 34.19 to 51.30 over the past decade. While the company's 10-year median is 41.04 vs. the industry median of 5.33, Aspeed Technology 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.33, based on 1,023 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. Aspeed Technology's current Operating Margin % of 49.84% is 835.1% 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 Aspeed Technology and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspeed Technology's current Operating Margin % is 49.84%, which is 21% above median its own 10-year median of 41.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspeed Technology stock overvalued right now?
Based on GuruFocus' analysis, Aspeed Technology (ROCO:5274) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8,252.78, compared to a current price of NT$13,905.00 — trading 68.5% above its estimated fair value. The current Operating Margin % is 49.84%, which is 21% above median its 10-year median of 41.04 and 835.1% above the Semiconductors industry median of 5.33. Aspeed Technology's overall GF Score™ is 82/100. 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 Aspeed Technology (ROCO:5274), the current Operating Margin % is 49.84% 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 Aspeed Technology (ROCO:5274) Overvalued in 2026?
Based on GuruFocus' analysis, Aspeed Technology stock appears to be overvalued.
The current stock price of NT$13,905.00 is trading 68.5% above its estimated GF Value™ of NT$8,252.78.
GuruFocus considers Aspeed Technology to be Significantly Overvalued.
Key valuation signals for ROCO:5274:
Operating Margin %: 49.84% (21% above median its 10-year median of 41.04)
GF Value™: NT$8,252.78 vs. price of NT$13,905.00 (68.5% above fair value)
Industry Position: 835.1% above the Semiconductors median (#13 of 1023)
No single metric tells the full story. See the ROCO:5274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aspeed Technology Inc is an IC design house in Server Management, PC/AV extension solutions, Desktop Virtualization and security enhancement. The company is engaged in the manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum of its revenue from Multimedia Integrated Circuits (ICs) segment.
82GF Score
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