Techzone Technology Materials Co (ROCO:6947) Operating Margin %: 17.55% (As of Dec. 2025) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6947 Techzone Technology Materials Co Ltd ROCO:6947
55 GF Score
Price NT$82.40
GF Value NT$124.65
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Techzone Technology Materials Co Operating Margin %?

Techzone Technology Materials Co ROCO:6947 -1.67% 55 Operating Margin % is 17.55% as of Dec. 2025, which is 28% below its 10-year median of 24.36. GuruFocus rates ROCO:6947 with a GF Score™ of 55/100 and a GF Value™ of NT$124.65 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 238 Waste Management companies, Techzone Technology Materials Co ranks better than 60.92% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Techzone Technology Materials Co's Operating Income for the six months ended in Dec. 2025 was NT$139 Mil. Techzone Technology Materials Co's Revenue for the six months ended in Dec. 2025 was NT$790 Mil. Therefore, Techzone Technology Materials Co's Operating Margin % for the quarter that ended in Dec. 2025 was 17.55%.

Warning Sign:

Techzone Technology Materials Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -11.4%.

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

ROCO:6947' s Operating Margin % Range Over the Past 10 Years
Min: 10.55   Med: 24.36   Max: 39.91
Current: 10.55


ROCO:6947's Operating Margin % is ranked better than
60.92% of 238 companies
in the Waste Management industry
Industry Median: 6.715 vs ROCO:6947: 10.55

Techzone Technology Materials Co's 5-Year Average Operating Margin % Growth Rate was -11.40% per year.

Techzone Technology Materials Co's Operating Income for the six months ended in Dec. 2025 was NT$139 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$136 Mil.


Techzone Technology Materials Co  (ROCO:6947) 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.


Techzone Technology Materials Co Operating Margin % Related Terms


Techzone Technology Materials Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Techzone Technology Materials 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.

Techzone Technology Materials Co Operating Margin % Chart

Techzone Technology Materials Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 38.84 39.91 31.05 24.36 10.55

Techzone Technology Materials Co Semi-Annual Data
Dec19 Dec20 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 28.49 26.74 22.04 -0.58 17.55

ROCO:6947 vs WM, RSG, WCN: Operating Margin % Comparison

For the Waste Management subindustry, Techzone Technology Materials 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.


Techzone Technology Materials Co Operating Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Techzone Technology Materials Co's Operating Margin % falls into.


ROCO:6947
55GF Score
Techzone Technology Materials Co Ltd ROCO:6947
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techzone Technology Materials 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.

Techzone Technology Materials 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 )
=135.809 / 1287.703
=10.55 %

Techzone Technology Materials 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 )
=138.693 / 790.153
=17.55 %

* 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 17.55% mean?
Techzone Technology Materials Co (ROCO:6947) has a Operating Margin % of 17.55% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Techzone Technology Materials Co and its competitors. This is 28% below median its historical median of 24.36. Over the past decade, Techzone Technology Materials Co's Operating Margin % has ranged from 10.55 to 39.91. According to the industry distribution chart, Techzone Technology Materials Co ranks #93 out of 238 companies in the Waste Management industry, placing it in the top 39.1%.
Is Techzone Technology Materials Co's Operating Margin % too high?
Techzone Technology Materials Co's current Operating Margin % of 17.55% is 28% below median its 10-year median of 24.36. Over the past 10 years, this metric has ranged from a low of 10.55 to a high of 39.91. The Waste Management industry median Operating Margin % is 6.72. Techzone Technology Materials Co's value of 17.55% is 161.4% above this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #93 out of 238 companies in the Waste Management industry, which is above the industry midpoint. Overall, Techzone Technology Materials Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #93 out of 238 companies for Operating Margin %. This puts Techzone Technology Materials Co in the upper half of its industry. The industry median Operating Margin % is 6.72. Techzone Technology Materials Co's value of 17.55% is 161.4% above this benchmark. Historically, Techzone Technology Materials Co's own Operating Margin % has ranged from 10.55 to 39.91 over the past decade. While the company's 10-year median is 24.36 vs. the industry median of 6.72, Techzone Technology Materials 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.72, based on 238 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. Techzone Technology Materials Co's current Operating Margin % of 17.55% is 161.4% 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 Techzone Technology Materials Co and its competitors. For the Waste Management industry, the median Operating Margin % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current Operating Margin % is 17.55%, which is 28% below median its own 10-year median of 24.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (ROCO:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$124.65, compared to a current price of NT$82.40 — trading 33.9% below its estimated fair value. The current Operating Margin % is 17.55%, which is 28% below median its 10-year median of 24.36 and 161.4% above the Waste Management industry median of 6.72. Techzone Technology Materials Co's overall GF Score™ is 55/100 with 11 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 Techzone Technology Materials Co (ROCO:6947), the current Operating Margin % is 17.55% 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 Techzone Technology Materials Co (ROCO:6947) Overvalued in 2026?

Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued. The current stock price of NT$82.40 is trading 33.9% below its estimated GF Value™ of NT$124.65. GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.

Key valuation signals for ROCO:6947:

  • Operating Margin %: 17.55% (28% below median its 10-year median of 24.36)
  • GF Value™: NT$124.65 vs. price of NT$82.40 (33.9% below fair value)
  • GF Score™: 55/100 with 11 warning signs
  • Industry Position: 161.4% above the Waste Management median (#93 of 238)

No single metric tells the full story. See the ROCO:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techzone Technology Materials Co Business Description

Address No. 216, Huanke Road, Guanyin District, Taoyuan City, TWN, 32841
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
55GF Score

Get the complete analysis for ROCO:6947

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

NT$82.40
Price
NT$124.65
GF Value