Thai Kin Co (ROCO:6629) Operating Margin %: 17.76% (As of Mar. 2026) — Near Median

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ROCO:6629 Thai Kin Co Ltd ROCO:6629
93 GF Score
Price NT$111.50
GF Value NT$134.17
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thai Kin Co Operating Margin %?

Thai Kin Co ROCO:6629 +0.90% 93 Operating Margin % is 17.76% as of Mar. 2026, which is 1% below its 10-year median of 17.99. GuruFocus rates ROCO:6629 with a GF Score™ of 93/100 and a GF Value™ of NT$134.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks better than 95.12% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Thai Kin Co's Operating Income for the three months ended in Mar. 2026 was NT$124 Mil. Thai Kin Co's Revenue for the three months ended in Mar. 2026 was NT$697 Mil. Therefore, Thai Kin Co's Operating Margin % for the quarter that ended in Mar. 2026 was 17.76%.

Good Sign:

Thai Kin Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

ROCO:6629' s Operating Margin % Range Over the Past 10 Years
Min: 8.86   Med: 17.99   Max: 26.13
Current: 18.76


ROCO:6629's Operating Margin % is ranked better than
95.12% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.025 vs ROCO:6629: 18.76

Thai Kin Co's 5-Year Average Operating Margin % Growth Rate was 3.10% per year.

Thai Kin Co's Operating Income for the three months ended in Mar. 2026 was NT$124 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$382 Mil.


Thai Kin Co  (ROCO:6629) 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.


Thai Kin Co Operating Margin % Related Terms


Thai Kin Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co Operating Margin % Chart

Thai Kin 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 20.94 14.61 16.78 26.13 20.28

Thai Kin Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.60 25.13 21.85 14.31 17.76

ROCO:6629 vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Operating Margin % distribution charts can be found below:

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


ROCO:6629
93GF Score
Thai Kin Co Ltd ROCO:6629
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Kin 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.

Thai Kin 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 )
=353.297 / 1742.371
=20.28 %

Thai Kin Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=123.69 / 696.58
=17.76 %

* 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 17.76% mean?
Thai Kin Co (ROCO:6629) has a Operating Margin % of 17.76% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thai Kin Co and its competitors. This is near median its historical median of 17.99. Over the past decade, Thai Kin Co's Operating Margin % has ranged from 8.86 to 26.13. According to the industry distribution chart, Thai Kin Co ranks #21 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.9%.
Is Thai Kin Co's Operating Margin % too high?
Thai Kin Co's current Operating Margin % of 17.76% is near median its 10-year median of 17.99. Over the past 10 years, this metric has ranged from a low of 8.86 to a high of 26.13. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 4.03. Thai Kin Co's value of 17.76% is 341.2% above this industry median. Based on the distribution chart, Thai Kin Co ranks #21 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Kin Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #21 out of 430 companies for Operating Margin %. This places Thai Kin Co in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 4.03. Thai Kin Co's value of 17.76% is 341.2% above this benchmark. Historically, Thai Kin Co's own Operating Margin % has ranged from 8.86 to 26.13 over the past decade. While the company's 10-year median is 17.99 vs. the industry median of 4.03, Thai Kin Co 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 4.03, based on 430 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. Thai Kin Co's current Operating Margin % of 17.76% is 341.2% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current Operating Margin % is 17.76%, which is near median its own 10-year median of 17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$134.17, compared to a current price of NT$111.50 — trading 16.9% below its estimated fair value. The current Operating Margin % is 17.76%, which is near median its 10-year median of 17.99 and 341.2% above the Furnishings, Fixtures & Appliances industry median of 4.03. Thai Kin Co's overall GF Score™ is 93/100 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 Thai Kin Co (ROCO:6629), the current Operating Margin % is 17.76% as of Mar. 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued. The current stock price of NT$111.50 is trading 16.9% below its estimated GF Value™ of NT$134.17. GuruFocus considers Thai Kin Co to be Modestly Undervalued.

Key valuation signals for ROCO:6629:

  • Operating Margin %: 17.76% (near median its 10-year median of 17.99)
  • GF Value™: NT$134.17 vs. price of NT$111.50 (16.9% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 341.2% above the Furnishings, Fixtures & Appliances median (#21 of 430)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
93GF Score

Get the complete analysis for ROCO:6629

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

NT$111.50
Price
NT$134.17
GF Value