Bellwether Electronic (ROCO:7861) Operating Margin %: 31.82% (As of Dec. 2025) — 62% Above Median


ROCO:7861 Bellwether Electronic Corp ROCO:7861
22 GF Score
Price NT$1,185.00
! 3 Warning Signs
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What is Bellwether Electronic Operating Margin %?

Bellwether Electronic ROCO:7861 -5.95% 22 Operating Margin % is 31.82% as of Dec. 2025, which is 62% above its 10-year median of 19.59. GuruFocus rates ROCO:7861 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 2,472 Hardware companies, Bellwether Electronic ranks better than 97.29% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bellwether Electronic's Operating Income for the six months ended in Dec. 2025 was NT$985 Mil. Bellwether Electronic's Revenue for the six months ended in Dec. 2025 was NT$3,095 Mil. Therefore, Bellwether Electronic's Operating Margin % for the quarter that ended in Dec. 2025 was 31.82%.

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

ROCO:7861' s Operating Margin % Range Over the Past 10 Years
Min: 18.36   Med: 19.59   Max: 30.54
Current: 30.54


ROCO:7861's Operating Margin % is ranked better than
97.29% of 2472 companies
in the Hardware industry
Industry Median: 3.83 vs ROCO:7861: 30.54

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

Bellwether Electronic's Operating Income for the six months ended in Dec. 2025 was NT$985 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,499 Mil.


Bellwether Electronic  (ROCO:7861) 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.


Bellwether Electronic Operating Margin % Related Terms


Bellwether Electronic Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bellwether Electronic'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.

Bellwether Electronic Operating Margin % Chart

Bellwether Electronic Annual Data
Trend Dec23 Dec24 Dec25
Operating Margin %
18.36 19.59 30.54

Bellwether Electronic Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % 0.00 17.15 21.40 28.36 31.82

ROCO:7861 vs APH, GLW: Operating Margin % Comparison

For the Electronic Components subindustry, Bellwether Electronic'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.


Bellwether Electronic Operating Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Bellwether Electronic's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Bellwether Electronic's Operating Margin % falls into.


ROCO:7861
22GF Score
Bellwether Electronic Corp ROCO:7861
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bellwether Electronic 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.

Bellwether Electronic'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 )
=1499.175 / 4909.089
=30.54 %

Bellwether Electronic'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 )
=984.669 / 3094.95
=31.82 %

* 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 31.82% mean?
Bellwether Electronic (ROCO:7861) has a Operating Margin % of 31.82% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Bellwether Electronic and its competitors. This is 62% above median its historical median of 19.59. Over the past decade, Bellwether Electronic's Operating Margin % has ranged from 18.36 to 30.54. According to the industry distribution chart, Bellwether Electronic ranks #67 out of 2472 companies in the Hardware industry, placing it in the top 2.7%.
Is Bellwether Electronic's Operating Margin % too high?
Bellwether Electronic's current Operating Margin % of 31.82% is 62% above median its 10-year median of 19.59. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 30.54. The Hardware industry median Operating Margin % is 3.83. Bellwether Electronic's value of 31.82% is 730.8% above this industry median. Based on the distribution chart, Bellwether Electronic ranks #67 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bellwether Electronic has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Bellwether Electronic's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Bellwether Electronic ranks #67 out of 2472 companies for Operating Margin %. This places Bellwether Electronic in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.83. Bellwether Electronic's value of 31.82% is 730.8% above this benchmark. Historically, Bellwether Electronic's own Operating Margin % has ranged from 18.36 to 30.54 over the past decade. While the company's 10-year median is 19.59 vs. the industry median of 3.83, Bellwether Electronic 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.83, based on 2,472 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. Bellwether Electronic's current Operating Margin % of 31.82% is 730.8% 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 Bellwether Electronic and its competitors. For the Hardware industry, the median Operating Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellwether Electronic's current Operating Margin % is 31.82%, which is 62% above median its own 10-year median of 19.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellwether Electronic stock overvalued right now?
Bellwether Electronic (ROCO:7861) has a current Operating Margin % of 31.82%. The current Operating Margin % is 31.82%, which is 62% above median its 10-year median of 19.59 and 730.8% above the Hardware industry median of 3.83. Bellwether Electronic's overall GF Score™ is 22/100 with 3 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 Bellwether Electronic (ROCO:7861), the current Operating Margin % is 31.82% 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.

Bellwether Electronic Business Description

Address Zhong Zheng Road, 9th Floor -1, No. 1071, Taoyuan District, Taoyuan, TWN, 330010
Bellwether Electronic Corp specializes in the design, production, and after-sales service of high-quality connectors, cables, pogo pins, flexible printed circuit assemblies (FPCA), and metal injection molding (MIM) components. The company's core products include a wide range of electronic components and peripheral solutions, such as Open Compute Project connectors, POGO pin connectors, CrystalBand metal injection molding parts, FPC cables and wires, and SlimChroma solutions.
22GF Score

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

NT$1,185.00
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