ECOVE Environment (ROCO:6803) Operating Margin %: 15.19% (As of Dec. 2025) — 29% Below Median


ROCO:6803 ECOVE Environment Corp ROCO:6803
94 GF Score
Price NT$274.00
GF Value NT$373.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ECOVE Environment Operating Margin %?

ECOVE Environment ROCO:6803 94 Operating Margin % is 15.19% as of Dec. 2025, which is 29% below its 10-year median of 21.40. GuruFocus rates ROCO:6803 with a GF Score™ of 94/100 and a GF Value™ of NT$373.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 239 Waste Management companies, ECOVE Environment ranks better than 75.73% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. ECOVE Environment's Operating Income for the three months ended in Dec. 2025 was NT$353 Mil. ECOVE Environment's Revenue for the three months ended in Dec. 2025 was NT$2,322 Mil. Therefore, ECOVE Environment's Operating Margin % for the quarter that ended in Dec. 2025 was 15.19%.

Warning Sign:

ECOVE Environment Corp operating margin has been in a 5-year decline. The average rate of decline per year is -4%.

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

ROCO:6803' s Operating Margin % Range Over the Past 10 Years
Min: 17.99   Med: 21.4   Max: 32.84
Current: 17.99


ROCO:6803's Operating Margin % is ranked better than
75.73% of 239 companies
in the Waste Management industry
Industry Median: 6.61 vs ROCO:6803: 17.99

ECOVE Environment's 5-Year Average Operating Margin % Growth Rate was -4.00% per year.

ECOVE Environment's Operating Income for the three months ended in Dec. 2025 was NT$353 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,737 Mil.


ECOVE Environment  (ROCO:6803) 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.


ECOVE Environment Operating Margin % Related Terms


ECOVE Environment Operating Margin % Historical Data

* Premium members only.

The historical data trend for ECOVE Environment'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.

ECOVE Environment Operating Margin % Chart

ECOVE Environment 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 21.33 20.20 19.16 18.22 17.99

ECOVE Environment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 13.36 18.87 18.10 19.61 15.19

ROCO:6803 vs WM, RSG, WCN: Operating Margin % Comparison

For the Waste Management subindustry, ECOVE Environment'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.


ECOVE Environment Operating Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's Operating Margin % distribution charts can be found below:

* The bar in red indicates where ECOVE Environment's Operating Margin % falls into.


ROCO:6803
94GF Score
ECOVE Environment Corp ROCO:6803
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ECOVE Environment 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.

ECOVE Environment'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 )
=1737.247 / 9656.402
=17.99 %

ECOVE Environment'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 )
=352.627 / 2321.622
=15.19 %

* 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 15.19% mean?
ECOVE Environment (ROCO:6803) has a Operating Margin % of 15.19% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on ECOVE Environment and its competitors. This is 29% below median its historical median of 21.40. Over the past decade, ECOVE Environment's Operating Margin % has ranged from 17.99 to 32.84. According to the industry distribution chart, ECOVE Environment ranks #58 out of 239 companies in the Waste Management industry, placing it in the top 24.3%.
Is ECOVE Environment's Operating Margin % too high?
ECOVE Environment's current Operating Margin % of 15.19% is 29% below median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 17.99 to a high of 32.84. The Waste Management industry median Operating Margin % is 6.61. ECOVE Environment's value of 15.19% is 129.8% above this industry median. Based on the distribution chart, ECOVE Environment ranks #58 out of 239 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, ECOVE Environment has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #58 out of 239 companies for Operating Margin %. This places ECOVE Environment in the top 24% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.61. ECOVE Environment's value of 15.19% is 129.8% above this benchmark. Historically, ECOVE Environment's own Operating Margin % has ranged from 17.99 to 32.84 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 6.61, ECOVE Environment 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 239 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. ECOVE Environment's current Operating Margin % of 15.19% is 129.8% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current Operating Margin % is 15.19%, which is 29% below median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$373.58, compared to a current price of NT$274.00 — trading 26.7% below its estimated fair value. The current Operating Margin % is 15.19%, which is 29% below median its 10-year median of 21.40 and 129.8% above the Waste Management industry median of 6.61. ECOVE Environment's overall GF Score™ is 94/100 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 ECOVE Environment (ROCO:6803), the current Operating Margin % is 15.19% 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$274.00 is trading 26.7% below its estimated GF Value™ of NT$373.58. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • Operating Margin %: 15.19% (29% below median its 10-year median of 21.40)
  • GF Value™: NT$373.58 vs. price of NT$274.00 (26.7% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 129.8% above the Waste Management median (#58 of 239)

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
94GF Score

Get the complete analysis for ROCO:6803

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

NT$274.00
Price
NT$373.58
GF Value