Feng Hsin Steel CoTPE:2015 +0.49%79 Operating Margin % is 8.48% as of Dec. 2025, which is 13% below its 10-year median of 9.72. GuruFocus rates TPE:2015 with a GF Score™ of 79/100 and a GF Value™ of NT$56.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 611 Steel companies, Feng Hsin Steel Co ranks better than 77.58% on this metric.
Feng Hsin Steel Co (TPE:2015) 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.
Feng Hsin Steel Co Operating Margin % Related Terms
Feng Hsin Steel Co Operating Margin % Historical Data
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The historical data trend for Feng Hsin Steel 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.
TPE:2015 vs NUE, STLD, RS: Operating Margin % Comparison
For the Steel subindustry, Feng Hsin Steel 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.
Feng Hsin Steel Co Operating Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Feng Hsin Steel Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Feng Hsin Steel Co's Operating Margin % falls into.
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.
Feng Hsin Steel Co'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.
Feng Hsin Steel Co (TPE:2015) has a Operating Margin % of 8.48% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Feng Hsin Steel Co and its competitors. This is 13% below median its historical median of 9.72. Over the past decade, Feng Hsin Steel Co's Operating Margin % has ranged from 7.53 to 12.31. According to the industry distribution chart, Feng Hsin Steel Co ranks #137 out of 611 companies in the Steel industry, placing it in the top 22.4%.
Is Feng Hsin Steel Co's Operating Margin % too high?
Feng Hsin Steel Co's current Operating Margin % of 8.48% is 13% below median its 10-year median of 9.72. Over the past 10 years, this metric has ranged from a low of 7.53 to a high of 12.31. The Steel industry median Operating Margin % is 2.99. Feng Hsin Steel Co's value of 8.48% is 183.6% above this industry median. Based on the distribution chart, Feng Hsin Steel Co ranks #137 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Feng Hsin Steel Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Feng Hsin Steel Co ranks #137 out of 611 companies for Operating Margin %. This places Feng Hsin Steel Co in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.99. Feng Hsin Steel Co's value of 8.48% is 183.6% above this benchmark. Historically, Feng Hsin Steel Co's own Operating Margin % has ranged from 7.53 to 12.31 over the past decade. While the company's 10-year median is 9.72 vs. the industry median of 2.99, Feng Hsin Steel 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 Steel company?
The median Operating Margin % among Steel companies is 2.99, based on 611 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. Feng Hsin Steel Co's current Operating Margin % of 8.48% is 183.6% 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 Feng Hsin Steel Co and its competitors. For the Steel industry, the median Operating Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Hsin Steel Co's current Operating Margin % is 8.48%, which is 13% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.70, compared to a current price of NT$61.00 — trading 7.6% above its estimated fair value. The current Operating Margin % is 8.48%, which is 13% below median its 10-year median of 9.72 and 183.6% above the Steel industry median of 2.99. Feng Hsin Steel Co's overall GF Score™ is 79/100 with 4 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 Feng Hsin Steel Co (TPE:2015), the current Operating Margin % is 8.48% 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 Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?
Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued.
The current stock price of NT$61.00 is trading 7.6% above its estimated GF Value™ of NT$56.70.
GuruFocus considers Feng Hsin Steel Co to be Fairly Valued.
Key valuation signals for TPE:2015:
Operating Margin %: 8.48% (13% below median its 10-year median of 9.72)
GF Value™: NT$56.70 vs. price of NT$61.00 (7.6% above fair value)
Industry Position: 183.6% above the Steel median (#137 of 611)
No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
79GF Score
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