Norbel Baby Co (ROCO:6844) Operating Margin %: 3.21% (As of Dec. 2025) — 63% Below Median


ROCO:6844 Norbel Baby Co Ltd ROCO:6844
65 GF Score
Price NT$64.80
GF Value NT$131.02
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Norbel Baby Co Operating Margin %?

Norbel Baby Co ROCO:6844 -0.61% 65 Operating Margin % is 3.21% as of Dec. 2025, which is 63% below its 10-year median of 8.77. GuruFocus rates ROCO:6844 with a GF Score™ of 65/100 and a GF Value™ of NT$131.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Norbel Baby Co ranks worse than 61.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Norbel Baby Co's Operating Income for the three months ended in Dec. 2025 was NT$28 Mil. Norbel Baby Co's Revenue for the three months ended in Dec. 2025 was NT$864 Mil. Therefore, Norbel Baby Co's Operating Margin % for the quarter that ended in Dec. 2025 was 3.21%.

Warning Sign:

Norbel Baby Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -25.1%.

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

ROCO:6844' s Operating Margin % Range Over the Past 10 Years
Min: 2.2   Med: 8.77   Max: 11.84
Current: 2.2


ROCO:6844's Operating Margin % is ranked worse than
61.17% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs ROCO:6844: 2.20

Norbel Baby Co's 5-Year Average Operating Margin % Growth Rate was -25.10% per year.

Norbel Baby Co's Operating Income for the three months ended in Dec. 2025 was NT$28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$76 Mil.


Norbel Baby Co  (ROCO:6844) 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.


Norbel Baby Co Operating Margin % Related Terms


Norbel Baby Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Norbel Baby 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.

Norbel Baby Co Operating Margin % Chart

Norbel Baby Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 8.59 10.75 6.91 3.56 2.20

Norbel Baby Co Quarterly Data
Dec19 Dec20 Jun21 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 4.22 2.32 1.87 1.38 3.21

ROCO:6844 vs CASY, WSM, ULTA: Operating Margin % Comparison

For the Specialty Retail subindustry, Norbel Baby 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.


Norbel Baby Co Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Norbel Baby Co's Operating Margin % distribution charts can be found below:

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


ROCO:6844
65GF Score
Norbel Baby Co Ltd ROCO:6844
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norbel Baby 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.

Norbel Baby 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 )
=75.819 / 3446.197
=2.20 %

Norbel Baby 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 )
=27.745 / 864.128
=3.21 %

* 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 3.21% mean?
Norbel Baby Co (ROCO:6844) has a Operating Margin % of 3.21% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Norbel Baby Co and its competitors. This is 63% below median its historical median of 8.77. Over the past decade, Norbel Baby Co's Operating Margin % has ranged from 2.20 to 11.84. According to the industry distribution chart, Norbel Baby Co ranks #690 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 61.2%.
Is Norbel Baby Co's Operating Margin % too high?
Norbel Baby Co's current Operating Margin % of 3.21% is 63% below median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 11.84. The Retail - Cyclical industry median Operating Margin % is 3.91. Norbel Baby Co's value of 3.21% is 17.8% below this industry median. Based on the distribution chart, Norbel Baby Co ranks #690 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Norbel Baby Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norbel Baby Co's Operating Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Norbel Baby Co ranks #690 out of 1128 companies for Operating Margin %. This places Norbel Baby Co in the lower half of its industry. The industry median Operating Margin % is 3.91. Norbel Baby Co's value of 3.21% is 17.8% below this benchmark. Historically, Norbel Baby Co's own Operating Margin % has ranged from 2.20 to 11.84 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 3.91, Norbel Baby Co has consistently been below 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. Norbel Baby Co's current Operating Margin % of 3.21% is 17.8% below 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 Norbel Baby Co and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbel Baby Co's current Operating Margin % is 3.21%, which is 63% below median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbel Baby Co stock overvalued right now?
Based on GuruFocus' analysis, Norbel Baby Co (ROCO:6844) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.02, compared to a current price of NT$64.80 — trading 50.5% below its estimated fair value. The current Operating Margin % is 3.21%, which is 63% below median its 10-year median of 8.77 and 17.8% below the Retail - Cyclical industry median of 3.91. Norbel Baby Co's overall GF Score™ is 65/100 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 Norbel Baby Co (ROCO:6844), the current Operating Margin % is 3.21% 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 Norbel Baby Co (ROCO:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Norbel Baby Co stock appears to be undervalued. The current stock price of NT$64.80 is trading 50.5% below its estimated GF Value™ of NT$131.02. GuruFocus considers Norbel Baby Co to be Possible Value Trap.

Key valuation signals for ROCO:6844:

  • Operating Margin %: 3.21% (63% below median its 10-year median of 8.77)
  • GF Value™: NT$131.02 vs. price of NT$64.80 (50.5% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 17.8% below the Retail - Cyclical median (#690 of 1128)

No single metric tells the full story. See the ROCO:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norbel Baby Co Business Description

Address 807 No. 87, Dachang 2nd Road, Sanmin District, Kaohsiung, TWN
Norbel Baby Co Ltd mainly engages in the retail and wholesale of maternity and baby care products, medical supplies, dietary supplements, and cosmetics. The company provides pharmacy services needed to care for the health and growth of infants and young children.
65GF Score

Get the complete analysis for ROCO:6844

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

NT$64.80
Price
NT$131.02
GF Value