Shin HsiungNatural GasROCO:8908 -0.83%78 Operating Margin % is 9.50% as of Dec. 2025, which is 22% above its 10-year median of 7.78. GuruFocus rates ROCO:8908 with a GF Score™ of 78/100 and a GF Value™ of NT$76.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 499 Utilities - Regulated companies, Shin HsiungNatural Gas ranks worse than 68.74% on this metric.
Shin HsiungNatural Gas Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Shin HsiungNatural Gas's Operating Margin % or its related term are showing as below:
ROCO:8908'
s Operating Margin % Range Over the Past 10 Years
Min: 4.96 Med: 7.78 Max: 9.54
Current: 8.19
ROCO:8908's Operating Margin % is ranked worse than 68.74% of 499
companies
in the Utilities - Regulated industry
Industry Median: 14.97
vs ROCO:8908: 8.19
Shin HsiungNatural Gas's 5-Year Average Operating Margin % Growth Rate was 1.40% per year.
Shin HsiungNatural Gas (ROCO:8908) 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 Nokias 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.
Shin HsiungNatural Gas Operating Margin % Related Terms
Shin HsiungNatural Gas Operating Margin % Historical Data
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The historical data trend for Shin HsiungNatural Gas'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.
ROCO:8908 vs ATO, NI, UGI: Operating Margin % Comparison
For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.
Shin HsiungNatural Gas Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Shin HsiungNatural Gas's Operating Margin % falls into.
Shin HsiungNatural Gas 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.
Shin HsiungNatural Gas's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shin HsiungNatural Gas (ROCO:8908) has a Operating Margin % of 9.50% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Shin HsiungNatural Gas and its competitors. This is 22% above median its historical median of 7.78. Over the past decade, Shin HsiungNatural Gas' Operating Margin % has ranged from 4.96 to 9.54. According to the industry distribution chart, Shin HsiungNatural Gas ranks #343 out of 499 companies in the Utilities - Regulated industry, placing it in the top 68.7%.
Is Shin HsiungNatural Gas' Operating Margin % too high?
Shin HsiungNatural Gas' current Operating Margin % of 9.50% is 22% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 9.54. The Utilities - Regulated industry median Operating Margin % is 14.97. Shin HsiungNatural Gas' value of 9.50% is 36.5% below this industry median. Based on the distribution chart, Shin HsiungNatural Gas ranks #343 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shin HsiungNatural Gas has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Operating Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin HsiungNatural Gas ranks #343 out of 499 companies for Operating Margin %. This places Shin HsiungNatural Gas in the lower half of its industry. The industry median Operating Margin % is 14.97. Shin HsiungNatural Gas' value of 9.50% is 36.5% below this benchmark. Historically, Shin HsiungNatural Gas' own Operating Margin % has ranged from 4.96 to 9.54 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 14.97, Shin HsiungNatural Gas 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.97, based on 499 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. Shin HsiungNatural Gas's current Operating Margin % of 9.50% is 36.5% 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 Shin HsiungNatural Gas and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current Operating Margin % is 9.50%, which is 22% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$76.85, compared to a current price of NT$41.75 — trading 45.7% below its estimated fair value. The current Operating Margin % is 9.50%, which is 22% above median its 10-year median of 7.78 and 36.5% below the Utilities - Regulated industry median of 14.97. Shin HsiungNatural Gas' overall GF Score™ is 78/100 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 Shin HsiungNatural Gas (ROCO:8908), the current Operating Margin % is 9.50% 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?
Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued.
The current stock price of NT$41.75 is trading 45.7% below its estimated GF Value™ of NT$76.85.
GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.
Key valuation signals for ROCO:8908:
Operating Margin %: 9.50% (22% above median its 10-year median of 7.78)
GF Value™: NT$76.85 vs. price of NT$41.75 (45.7% below fair value)
Industry Position: 36.5% below the Utilities - Regulated median (#343 of 499)
No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
78GF Score
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