Ten Ren Tea Co (TPE:1233) Operating Margin %: 3.04% (As of Dec. 2025) — 29% Below Median


TPE:1233 Ten Ren Tea Co Ltd TPE:1233
75 GF Score
Price NT$28.00
GF Value NT$34.48
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ten Ren Tea Co Operating Margin %?

Ten Ren Tea Co TPE:1233 -0.53% 75 Operating Margin % is 3.04% as of Dec. 2025, which is 29% below its 10-year median of 4.26. GuruFocus rates TPE:1233 with a GF Score™ of 75/100 and a GF Value™ of NT$34.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Ten Ren Tea Co ranks worse than 61.25% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ten Ren Tea Co's Operating Income for the three months ended in Dec. 2025 was NT$17 Mil. Ten Ren Tea Co's Revenue for the three months ended in Dec. 2025 was NT$561 Mil. Therefore, Ten Ren Tea Co's Operating Margin % for the quarter that ended in Dec. 2025 was 3.04%.

Good Sign:

Ten Ren Tea Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:1233' s Operating Margin % Range Over the Past 10 Years
Min: 0.97   Med: 4.26   Max: 9.07
Current: 3.27


TPE:1233's Operating Margin % is ranked worse than
61.25% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs TPE:1233: 3.27

Ten Ren Tea Co's 5-Year Average Operating Margin % Growth Rate was 17.20% per year.

Ten Ren Tea Co's Operating Income for the three months ended in Dec. 2025 was NT$17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$71 Mil.


Ten Ren Tea Co  (TPE:1233) 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.


Ten Ren Tea Co Operating Margin % Related Terms


Ten Ren Tea Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ten Ren Tea 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.

Ten Ren Tea Co Operating Margin % Chart

Ten Ren Tea Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.97 4.75 3.76 3.27

Ten Ren Tea Co Quarterly Data
Mar21 Jun21 Sep21 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 3.67 5.17 2.86 1.96 3.04

TPE:1233 vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, Ten Ren Tea 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.


Ten Ren Tea Co Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ten Ren Tea Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ten Ren Tea Co's Operating Margin % falls into.


TPE:1233
75GF Score
Ten Ren Tea Co Ltd TPE:1233
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ten Ren Tea 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.

Ten Ren Tea 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 )
=70.717 / 2160.758
=3.27 %

Ten Ren Tea 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 )
=17.067 / 560.818
=3.04 %

* 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 3.04% mean?
Ten Ren Tea Co (TPE:1233) has a Operating Margin % of 3.04% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Ten Ren Tea Co and its competitors. This is 29% below median its historical median of 4.26. Over the past decade, Ten Ren Tea Co's Operating Margin % has ranged from 0.97 to 9.07. According to the industry distribution chart, Ten Ren Tea Co ranks #1195 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 61.3%.
Is Ten Ren Tea Co's Operating Margin % too high?
Ten Ren Tea Co's current Operating Margin % of 3.04% is 29% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 9.07. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Ten Ren Tea Co's value of 3.04% is 42.2% below this industry median. Based on the distribution chart, Ten Ren Tea Co ranks #1195 out of 1951 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ten Ren Tea Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ten Ren Tea Co's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ten Ren Tea Co ranks #1195 out of 1951 companies for Operating Margin %. This places Ten Ren Tea Co in the lower half of its industry. The industry median Operating Margin % is 5.26. Ten Ren Tea Co's value of 3.04% is 42.2% below this benchmark. Historically, Ten Ren Tea Co's own Operating Margin % has ranged from 0.97 to 9.07 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 5.26, Ten Ren Tea 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. Ten Ren Tea Co's current Operating Margin % of 3.04% is 42.2% 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 Ten Ren Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Ren Tea Co's current Operating Margin % is 3.04%, which is 29% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Ren Tea Co stock overvalued right now?
Based on GuruFocus' analysis, Ten Ren Tea Co (TPE:1233) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.48, compared to a current price of NT$28.00 — trading 18.8% below its estimated fair value. The current Operating Margin % is 3.04%, which is 29% below median its 10-year median of 4.26 and 42.2% below the Consumer Packaged Goods industry median of 5.26. Ten Ren Tea Co's overall GF Score™ is 75/100 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 Ten Ren Tea Co (TPE:1233), the current Operating Margin % is 3.04% 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 Ten Ren Tea Co (TPE:1233) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Ren Tea Co stock appears to be undervalued. The current stock price of NT$28.00 is trading 18.8% below its estimated GF Value™ of NT$34.48. GuruFocus considers Ten Ren Tea Co to be Modestly Undervalued.

Key valuation signals for TPE:1233:

  • Operating Margin %: 3.04% (29% below median its 10-year median of 4.26)
  • GF Value™: NT$34.48 vs. price of NT$28.00 (18.8% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 42.2% below the Consumer Packaged Goods median (#1195 of 1951)

No single metric tells the full story. See the TPE:1233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Ren Tea Co Business Description

Address Zhongxiao East Road, No. 107, Sec 4, Da’an District, Taipei, TWN
Ten Ren Tea Co Ltd is engaged in the manufacture and sale of tea, tea sets, and beverages. The company markets spiced tea, herbal tea, tea bags, aged tea, cold brew, tea gift sets, green tgea, as well as teapots and cups. The segments of the company are Tea segment responsible for tea production and sales; and Food and beverage segment engaged in providing catering services. Geographically, the company derives maximum revenue from Taiwan.
75GF Score

Get the complete analysis for TPE:1233

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

NT$28.00
Price
NT$34.48
GF Value