Sheng Yu Steel Co (TPE:2029) Operating Margin %: 4.67% (As of Mar. 2026) — Near Median

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TPE:2029 Sheng Yu Steel Co Ltd TPE:2029
83 GF Score
Price NT$21.20
GF Value NT$25.16
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Sheng Yu Steel Co Operating Margin %?

Sheng Yu Steel Co TPE:2029 +2.42% 83 Operating Margin % is 4.67% as of Mar. 2026, which is 6% above its 10-year median of 4.39. GuruFocus rates TPE:2029 with a GF Score™ of 83/100 and a GF Value™ of NT$25.16 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 612 Steel companies, Sheng Yu Steel Co ranks worse than 59.48% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sheng Yu Steel Co's Operating Income for the three months ended in Mar. 2026 was NT$145 Mil. Sheng Yu Steel Co's Revenue for the three months ended in Mar. 2026 was NT$3,112 Mil. Therefore, Sheng Yu Steel Co's Operating Margin % for the quarter that ended in Mar. 2026 was 4.67%.

Warning Sign:

Sheng Yu Steel Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.9%.

The historical rank and industry rank for Sheng Yu Steel Co's Operating Margin % or its related term are showing as below:

TPE:2029' s Operating Margin % Range Over the Past 10 Years
Min: 0.73   Med: 4.39   Max: 13.42
Current: 1.95


TPE:2029's Operating Margin % is ranked worse than
59.48% of 612 companies
in the Steel industry
Industry Median: 3.025 vs TPE:2029: 1.95

Sheng Yu Steel Co's 5-Year Average Operating Margin % Growth Rate was -13.90% per year.

Sheng Yu Steel Co's Operating Income for the three months ended in Mar. 2026 was NT$145 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$245 Mil.

Warning Sign:

Sheng Yu Steel Co Ltd has recorded a loss in operating income at least once over the past 3 years.


Sheng Yu Steel Co  (TPE:2029) 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.


Sheng Yu Steel Co Operating Margin % Related Terms


Sheng Yu Steel Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Sheng Yu 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.

Sheng Yu Steel Co Operating Margin % Chart

Sheng Yu Steel 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 10.86 4.21 6.04 4.57 2.22

Sheng Yu Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.10 1.31 -1.92 3.76 4.67

TPE:2029 vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, Sheng Yu 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.


Sheng Yu Steel Co Operating Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Sheng Yu Steel Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Sheng Yu Steel Co's Operating Margin % falls into.


TPE:2029
83GF Score
Sheng Yu Steel Co Ltd TPE:2029
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sheng Yu Steel 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.

Sheng Yu Steel 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 )
=293.991 / 13270.89
=2.22 %

Sheng Yu Steel Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=145.201 / 3111.785
=4.67 %

* 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 4.67% mean?
Sheng Yu Steel Co (TPE:2029) has a Operating Margin % of 4.67% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Sheng Yu Steel Co and its competitors. This is near median its historical median of 4.39. Over the past decade, Sheng Yu Steel Co's Operating Margin % has ranged from 0.73 to 13.42. According to the industry distribution chart, Sheng Yu Steel Co ranks #364 out of 612 companies in the Steel industry, placing it in the top 59.5%.
Is Sheng Yu Steel Co's Operating Margin % too high?
Sheng Yu Steel Co's current Operating Margin % of 4.67% is near median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 13.42. The Steel industry median Operating Margin % is 3.03. Sheng Yu Steel Co's value of 4.67% is 54.4% above this industry median. Based on the distribution chart, Sheng Yu Steel Co ranks #364 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, Sheng Yu Steel Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Yu Steel Co's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Sheng Yu Steel Co ranks #364 out of 612 companies for Operating Margin %. This places Sheng Yu Steel Co in the lower half of its industry. The industry median Operating Margin % is 3.03. Sheng Yu Steel Co's value of 4.67% is 54.4% above this benchmark. Historically, Sheng Yu Steel Co's own Operating Margin % has ranged from 0.73 to 13.42 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 3.03, Sheng Yu 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 3.03, based on 612 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. Sheng Yu Steel Co's current Operating Margin % of 4.67% is 54.4% 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 Sheng Yu Steel Co and its competitors. For the Steel industry, the median Operating Margin % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Yu Steel Co's current Operating Margin % is 4.67%, which is near median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Yu Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sheng Yu Steel Co (TPE:2029) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.16, compared to a current price of NT$21.20 — trading 15.7% below its estimated fair value. The current Operating Margin % is 4.67%, which is near median its 10-year median of 4.39 and 54.4% above the Steel industry median of 3.03. Sheng Yu Steel Co's overall GF Score™ is 83/100 with 9 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 Sheng Yu Steel Co (TPE:2029), the current Operating Margin % is 4.67% as of Mar. 2026. 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 Sheng Yu Steel Co (TPE:2029) Overvalued in 2026?

Based on GuruFocus' analysis, Sheng Yu Steel Co stock appears to be undervalued. The current stock price of NT$21.20 is trading 15.7% below its estimated GF Value™ of NT$25.16. GuruFocus considers Sheng Yu Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2029:

  • Operating Margin %: 4.67% (near median its 10-year median of 4.39)
  • GF Value™: NT$25.16 vs. price of NT$21.20 (15.7% below fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 54.4% above the Steel median (#364 of 612)

No single metric tells the full story. See the TPE:2029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sheng Yu Steel Co Business Description

Address No.11, Zhonglin Road, Xiaogang District, Kaohsiung, TWN, 812039
Sheng Yu Steel Co Ltd is engaged in the steel industry. The company manufactures, processes, and sells cold-rolled, galvanized, and prepainted steel coils. The company also purchases and resells various steel products.
83GF Score

Get the complete analysis for TPE:2029

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

NT$21.20
Price
NT$25.16
GF Value