YC Inox Co (TPE:2034) Operating Margin %: -1.87% (As of Dec. 2025)


TPE:2034 YC Inox Co Ltd TPE:2034
62 GF Score
Price NT$20.55
GF Value NT$15.47
Valuation Significantly Overvalued
! 13 Warning Signs
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What is YC Inox Co Operating Margin %?

YC Inox Co TPE:2034 62 Operating Margin % is -1.87% as of Dec. 2025. GuruFocus rates TPE:2034 with a GF Score™ of 62/100 and a GF Value™ of NT$15.47 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 611 Steel companies, YC Inox Co ranks worse than 62.19% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. YC Inox Co's Operating Income for the three months ended in Dec. 2025 was NT$-49 Mil. YC Inox Co's Revenue for the three months ended in Dec. 2025 was NT$2,628 Mil. Therefore, YC Inox Co's Operating Margin % for the quarter that ended in Dec. 2025 was -1.87%.

Warning Sign:

YC Inox Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -18%.

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

TPE:2034' s Operating Margin % Range Over the Past 10 Years
Min: 1.55   Med: 5.21   Max: 7.82
Current: 1.55


TPE:2034's Operating Margin % is ranked worse than
62.19% of 611 companies
in the Steel industry
Industry Median: 3.01 vs TPE:2034: 1.55

YC Inox Co's 5-Year Average Operating Margin % Growth Rate was -18.00% per year.

YC Inox Co's Operating Income for the three months ended in Dec. 2025 was NT$-49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$195 Mil.

Warning Sign:

YC Inox Co Ltd has recorded a loss in operating income at least once over the past 3 years.


YC Inox Co  (TPE:2034) 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.


YC Inox Co Operating Margin % Related Terms


YC Inox Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for YC Inox 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.

YC Inox Co Operating Margin % Chart

YC Inox 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 7.82 5.63 2.23 4.38 1.55

YC Inox 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 1.36 6.10 -4.31 5.61 -1.87

TPE:2034 vs NUE, STLD, RS: Operating Margin % Comparison

For the Steel subindustry, YC Inox 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.


YC Inox Co Operating Margin % vs Steel Industry

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

* The bar in red indicates where YC Inox Co's Operating Margin % falls into.


TPE:2034
62GF Score
YC Inox Co Ltd TPE:2034
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YC Inox 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.

YC Inox 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 )
=194.756 / 12543.218
=1.55 %

YC Inox 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 )
=-49.276 / 2628.291
=-1.87 %

* 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 -1.87% mean?
YC Inox Co (TPE:2034) has a Operating Margin % of -1.87% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on YC Inox Co and its competitors. Over the past decade, YC Inox Co's Operating Margin % has ranged from 1.55 to 7.82. According to the industry distribution chart, YC Inox Co ranks #380 out of 611 companies in the Steel industry, placing it in the top 62.2%.
Is YC Inox Co's Operating Margin % too high?
YC Inox Co's current Operating Margin % is -1.87%. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 7.82. Based on the distribution chart, YC Inox Co ranks #380 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, YC Inox Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does YC Inox Co's Operating Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, YC Inox Co ranks #380 out of 611 companies for Operating Margin %. This places YC Inox Co in the lower half of its industry. The industry median Operating Margin % is 3.01. Historically, YC Inox Co's own Operating Margin % has ranged from 1.55 to 7.82 over the past decade. 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 3.01, 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. 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 YC Inox Co and its competitors. For the Steel industry, the median Operating Margin % is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YC Inox Co's current Operating Margin % is -1.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YC Inox Co stock overvalued right now?
Based on GuruFocus' analysis, YC Inox Co (TPE:2034) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.47, compared to a current price of NT$20.55 — trading 32.8% above its estimated fair value. The current Operating Margin % is -1.87%. YC Inox Co's overall GF Score™ is 62/100 with 13 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 YC Inox Co (TPE:2034), the current Operating Margin % is -1.87% 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 YC Inox Co (TPE:2034) Overvalued in 2026?

Based on GuruFocus' analysis, YC Inox Co stock appears to be overvalued. The current stock price of NT$20.55 is trading 32.8% above its estimated GF Value™ of NT$15.47. GuruFocus considers YC Inox Co to be Significantly Overvalued.

Key valuation signals for TPE:2034:

  • Operating Margin %: -1.87%
  • GF Value™: NT$15.47 vs. price of NT$20.55 (32.8% above fair value)
  • GF Score™: 62/100 with 13 warning signs

No single metric tells the full story. See the TPE:2034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YC Inox Co Business Description

Address Number 270, Sector 4, Jungshan Road, Shijou Shiang, Changhua, TWN
YC Inox Co Ltd is engaged in the production, processing and sale of stainless steel pipes, stainless steel sheets and coils, agency services and international trading of stainless steel products. Its products include welded pipes, welded tubes, sheets and plates, coils, flat bars, angles, U-channels, and checker plates. Its segments include Stainless steel tubes/pipes, Stainless steel sheets/coils, and Others. Geographically it operates in Europe, Asia, America, and Others, with majority of revenue generating from Europe.
62GF Score

Get the complete analysis for TPE:2034

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

NT$20.55
Price
NT$15.47
GF Value