Reliance Securities Co (ROCO:6027) Operating Margin %: 30.29% (As of Dec. 2025)


ROCO:6027 Reliance Securities Co Ltd ROCO:6027
67 GF Score
Price NT$11.45
GF Value NT$12.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Reliance Securities Co Operating Margin %?

Reliance Securities Co ROCO:6027 -4.98% 67 Operating Margin % is 30.29% as of Dec. 2025. GuruFocus rates ROCO:6027 with a GF Score™ of 67/100 and a GF Value™ of NT$12.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 664 Capital Markets companies, Reliance Securities Co ranks worse than 51.2% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Reliance Securities Co's Operating Income for the six months ended in Dec. 2025 was NT$74.1 Mil. Reliance Securities Co's Revenue for the six months ended in Dec. 2025 was NT$244.6 Mil. Therefore, Reliance Securities Co's Operating Margin % for the quarter that ended in Dec. 2025 was 30.29%.

The historical rank and industry rank for Reliance Securities Co's Operating Margin % or its related term are showing as below:

ROCO:6027' s Operating Margin % Range Over the Past 10 Years
Min: -1061.56   Med: -8.1   Max: 39.47
Current: 5.89


ROCO:6027's Operating Margin % is ranked worse than
51.2% of 664 companies
in the Capital Markets industry
Industry Median: 6.955 vs ROCO:6027: 5.89

Reliance Securities Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Reliance Securities Co's Operating Income for the six months ended in Dec. 2025 was NT$74.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$18.3 Mil.


Reliance Securities Co  (ROCO:6027) 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 Nokia’s 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.


Reliance Securities Co Operating Margin % Related Terms


Reliance Securities Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Reliance Securities 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.

Reliance Securities Co Operating Margin % Chart

Reliance Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.24 -88.00 39.47 -13.51 5.89

Reliance Securities Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.53 -8.94 -19.08 -85.79 30.29

ROCO:6027 vs MS, GS, SCHW: Operating Margin % Comparison

For the Capital Markets subindustry, Reliance Securities 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.


Reliance Securities Co Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Reliance Securities Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Reliance Securities Co's Operating Margin % falls into.


ROCO:6027
67GF Score
Reliance Securities Co Ltd ROCO:6027
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Securities Co Operating Margin % Calculation

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.

Reliance Securities Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=18.25 / 309.693
=5.89 %

Reliance Securities Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=74.086 / 244.61
=30.29 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 30.29% mean?
Reliance Securities Co (ROCO:6027) has a Operating Margin % of 30.29% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Reliance Securities Co and its competitors. According to the industry distribution chart, Reliance Securities Co ranks #340 out of 664 companies in the Capital Markets industry, placing it in the top 51.2%.
Is Reliance Securities Co's Operating Margin % too high?
Reliance Securities Co's current Operating Margin % is 30.29%. The Capital Markets industry median Operating Margin % is 6.96. Reliance Securities Co's value of 30.29% is 335.5% above this industry median. Based on the distribution chart, Reliance Securities Co ranks #340 out of 664 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Reliance Securities Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Securities Co's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Reliance Securities Co ranks #340 out of 664 companies for Operating Margin %. This places Reliance Securities Co in the lower half of its industry. The industry median Operating Margin % is 6.96. Reliance Securities Co's value of 30.29% is 335.5% above this benchmark. 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 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. Reliance Securities Co's current Operating Margin % of 30.29% is 335.5% 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 Reliance Securities Co and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Securities Co's current Operating Margin % is 30.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Reliance Securities Co (ROCO:6027) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.89, compared to a current price of NT$11.45 — trading 11.2% below its estimated fair value. The current Operating Margin % is 30.29% and 335.5% above the Capital Markets industry median of 6.96. Reliance Securities Co's overall GF Score™ is 67/100 with 4 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 Reliance Securities Co (ROCO:6027), the current Operating Margin % is 30.29% 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 Reliance Securities Co (ROCO:6027) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Securities Co stock appears to be undervalued. The current stock price of NT$11.45 is trading 11.2% below its estimated GF Value™ of NT$12.89. GuruFocus considers Reliance Securities Co to be Modestly Undervalued.

Key valuation signals for ROCO:6027:

  • Operating Margin %: 30.29%
  • GF Value™: NT$12.89 vs. price of NT$11.45 (11.2% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 335.5% above the Capital Markets median (#340 of 664)

No single metric tells the full story. See the ROCO:6027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reliance Securities Co Business Description

Address Xinsheng South Road, 100 3rd Floor, Number 50, Section 1, Zhongzheng District, Taipei, TWN
Reliance Securities Co Ltd is engaged in providing integrated investment platforms and professional investment services in Taiwan. It presents investors with securities brokerage, futures, warrants, agency funds, discretionary entrustment, re-trust business, underwriting, and bonds.
67GF Score

Get the complete analysis for ROCO:6027

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$11.45
Price
NT$12.89
GF Value