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Pacific Image Electronics Co (ROCO:6228) 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.
Pacific Image Electronics Co Operating Margin % Related Terms
Pacific Image Electronics Co Operating Margin % Historical Data
* 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.
Pacific Image Electronics Co Operating Margin % Chart
ROCO:6228 vs SNDK, DELL, STX: Operating Margin % Comparison
For the Computer Hardware subindustry, Pacific Image Electronics 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.
Pacific Image Electronics Co Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Pacific Image Electronics Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Pacific Image Electronics Co's Operating Margin % falls into.
Pacific Image Electronics 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.
* 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.
Pacific Image Electronics Co (ROCO:6228) has a Operating Margin % of 30.40% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Pacific Image Electronics Co and its competitors. According to the industry distribution chart, Pacific Image Electronics Co ranks #2129 out of 2476 companies in the Hardware industry, placing it in the top 86%.
Is Pacific Image Electronics Co's Operating Margin % too high?
Pacific Image Electronics Co's current Operating Margin % is 30.40%. The Hardware industry median Operating Margin % is 3.81. Pacific Image Electronics Co's value of 30.40% is 697.9% above this industry median. Based on the distribution chart, Pacific Image Electronics Co ranks #2129 out of 2476 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pacific Image Electronics Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pacific Image Electronics Co's Operating Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Pacific Image Electronics Co ranks #2129 out of 2476 companies for Operating Margin %. This places Pacific Image Electronics Co in the lower half of its industry. The industry median Operating Margin % is 3.81. Pacific Image Electronics Co's value of 30.40% is 697.9% 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.81, 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. Pacific Image Electronics Co's current Operating Margin % of 30.40% is 697.9% 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 Pacific Image Electronics Co 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. Pacific Image Electronics Co's current Operating Margin % is 30.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Image Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Image Electronics Co (ROCO:6228) is currently considered Possible Value Trap. The stock's GF Value™ is NT$29.27, compared to a current price of NT$19.00 — trading 35.1% below its estimated fair value. The current Operating Margin % is 30.40% and 697.9% above the Hardware industry median of 3.81. Pacific Image Electronics Co's overall GF Score™ is 38/100 with 5 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 Pacific Image Electronics Co (ROCO:6228), the current Operating Margin % is 30.40% 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 Pacific Image Electronics Co (ROCO:6228) Overvalued in 2026?
Based on GuruFocus' analysis, Pacific Image Electronics Co stock appears to be undervalued.
The current stock price of NT$19.00 is trading 35.1% below its estimated GF Value™ of NT$29.27.
GuruFocus considers Pacific Image Electronics Co to be Possible Value Trap.
Key valuation signals for ROCO:6228:
Operating Margin %: 30.40%
GF Value™: NT$29.27 vs. price of NT$19.00 (35.1% below fair value)
Industry Position: 697.9% above the Hardware median (#2129 of 2476)
No single metric tells the full story. See the ROCO:6228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pacific Image Electronics Co Ltd is a scanning and imaging solution provider. It is engaged in the design and development of optical scanners, printers, and modems. The company provides design and manufacturing services to brands such as Kodak, KIS for film scanning solution.
38GF Score
Get the complete analysis for ROCO:6228
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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