Forward Science (ROCO:7530) Operating Margin %: -56.48% (As of Dec. 2025)

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ROCO:7530 Forward Science Corp ROCO:7530
38 GF Score
Price NT$38.55
GF Value NT$14.15
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Forward Science Operating Margin %?

Forward Science ROCO:7530 +1.05% 38 Operating Margin % is -56.48% as of Dec. 2025. GuruFocus rates ROCO:7530 with a GF Score™ of 38/100 and a GF Value™ of NT$14.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,030 Industrial Products companies, Forward Science ranks worse than 93.89% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Forward Science's Operating Income for the six months ended in Dec. 2025 was NT$-41.9 Mil. Forward Science's Revenue for the six months ended in Dec. 2025 was NT$74.2 Mil. Therefore, Forward Science's Operating Margin % for the quarter that ended in Dec. 2025 was -56.48%.

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

ROCO:7530' s Operating Margin % Range Over the Past 10 Years
Min: -44.61   Med: -12.71   Max: 7.28
Current: -44.61


ROCO:7530's Operating Margin % is ranked worse than
93.89% of 3030 companies
in the Industrial Products industry
Industry Median: 6.51 vs ROCO:7530: -44.61

Forward Science's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Forward Science's Operating Income for the six months ended in Dec. 2025 was NT$-41.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-74.4 Mil.

Warning Sign:

Forward Science Corp has never been profitable in the past 3 years. It lost money every year.


Forward Science  (ROCO:7530) 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.


Forward Science Operating Margin % Related Terms


Forward Science Operating Margin % Historical Data

* Premium members only.

The historical data trend for Forward Science'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.

Forward Science Operating Margin % Chart

Forward Science Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 7.28 -24.69 -8.09 -27.11 -44.61

Forward Science Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only Premium Member Only Premium Member Only -22.11 -18.38 -36.69 -35.10 -56.48

ROCO:7530 vs GEV, ETN, PH: Operating Margin % Comparison

For the Specialty Industrial Machinery subindustry, Forward Science'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.


Forward Science Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Forward Science's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Forward Science's Operating Margin % falls into.


ROCO:7530
38GF Score
Forward Science Corp ROCO:7530
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forward Science 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.

Forward Science'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 )
=-74.395 / 166.775
=-44.61 %

Forward Science'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 )
=-41.904 / 74.196
=-56.48 %

* 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 -56.48% mean?
Forward Science (ROCO:7530) has a Operating Margin % of -56.48% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Forward Science and its competitors. According to the industry distribution chart, Forward Science ranks #2845 out of 3030 companies in the Industrial Products industry, placing it in the top 93.9%.
Is Forward Science's Operating Margin % too high?
Forward Science's current Operating Margin % is -56.48%. Based on the distribution chart, Forward Science ranks #2845 out of 3030 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Forward Science has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Science's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Forward Science ranks #2845 out of 3030 companies for Operating Margin %. This places Forward Science in the lower half of its industry. The industry median Operating Margin % is 6.51. 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.51, based on 3,030 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. 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 Forward Science and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Science's current Operating Margin % is -56.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Science stock overvalued right now?
Based on GuruFocus' analysis, Forward Science (ROCO:7530) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.15, compared to a current price of NT$38.55 — trading 172.4% above its estimated fair value. The current Operating Margin % is -56.48%. Forward Science's overall GF Score™ is 38/100 with 7 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 Forward Science (ROCO:7530), the current Operating Margin % is -56.48% 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 Forward Science (ROCO:7530) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Science stock appears to be overvalued. The current stock price of NT$38.55 is trading 172.4% above its estimated GF Value™ of NT$14.15. GuruFocus considers Forward Science to be Significantly Overvalued.

Key valuation signals for ROCO:7530:

  • Operating Margin %: -56.48%
  • GF Value™: NT$14.15 vs. price of NT$38.55 (172.4% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the ROCO:7530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forward Science Business Description

Address 232 Youyi Road, Gongyi Village, Zhunan Township, Jhunan, TWN, 350
Forward Science Corp is engaged in the manufacturing and maintenance of vacuum pumps. It is also involved in precision parts manufacturing that includes Stainless Processing, Aluminum Processing, Casting Processing, and Metal Finishing among others. Geographically, the company generates the majority of its revenue from Taiwan.
38GF Score

Get the complete analysis for ROCO:7530

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

NT$38.55
Price
NT$14.15
GF Value