Hiwin Technologies (TPE:2049) Operating Margin %: 4.85% (As of Dec. 2025) — 57% Below Median


TPE:2049 Hiwin Technologies Corp TPE:2049
70 GF Score
Price NT$352.00
GF Value NT$231.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hiwin Technologies Operating Margin %?

Hiwin Technologies TPE:2049 +1.00% 70 Operating Margin % is 4.85% as of Dec. 2025, which is 57% below its 10-year median of 11.32. GuruFocus rates TPE:2049 with a GF Score™ of 70/100 and a GF Value™ of NT$231.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,031 Industrial Products companies, Hiwin Technologies ranks better than 50.94% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hiwin Technologies's Operating Income for the three months ended in Dec. 2025 was NT$315 Mil. Hiwin Technologies's Revenue for the three months ended in Dec. 2025 was NT$6,503 Mil. Therefore, Hiwin Technologies's Operating Margin % for the quarter that ended in Dec. 2025 was 4.85%.

Warning Sign:

Hiwin Technologies Corp operating margin has been in a 5-year decline. The average rate of decline per year is -10.5%.

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

TPE:2049' s Operating Margin % Range Over the Past 10 Years
Min: 6.77   Med: 11.32   Max: 21.88
Current: 6.77


TPE:2049's Operating Margin % is ranked better than
50.94% of 3031 companies
in the Industrial Products industry
Industry Median: 6.53 vs TPE:2049: 6.77

Hiwin Technologies's 5-Year Average Operating Margin % Growth Rate was -10.50% per year.

Hiwin Technologies's Operating Income for the three months ended in Dec. 2025 was NT$315 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,643 Mil.


Hiwin Technologies  (TPE:2049) 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.


Hiwin Technologies Operating Margin % Related Terms


Hiwin Technologies Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies Operating Margin % Chart

Hiwin Technologies 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 18.76 19.01 10.76 8.44 6.77

Hiwin Technologies 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 4.99 7.17 8.41 6.85 4.85

TPE:2049 vs SNA, RBC, LECO: Operating Margin % Comparison

For the Tools & Accessories subindustry, Hiwin Technologies'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.


Hiwin Technologies Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Technologies's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hiwin Technologies's Operating Margin % falls into.


TPE:2049
70GF Score
Hiwin Technologies Corp TPE:2049
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiwin Technologies 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.

Hiwin Technologies'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 )
=1643.229 / 24262.638
=6.77 %

Hiwin Technologies'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 )
=315.363 / 6503.036
=4.85 %

* 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 4.85% mean?
Hiwin Technologies (TPE:2049) has a Operating Margin % of 4.85% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Hiwin Technologies and its competitors. This is 57% below median its historical median of 11.32. Over the past decade, Hiwin Technologies' Operating Margin % has ranged from 6.77 to 21.88. According to the industry distribution chart, Hiwin Technologies ranks #1487 out of 3031 companies in the Industrial Products industry, placing it in the top 49.1%.
Is Hiwin Technologies' Operating Margin % too high?
Hiwin Technologies' current Operating Margin % of 4.85% is 57% below median its 10-year median of 11.32. Over the past 10 years, this metric has ranged from a low of 6.77 to a high of 21.88. The Industrial Products industry median Operating Margin % is 6.53. Hiwin Technologies' value of 4.85% is 25.7% below this industry median. Based on the distribution chart, Hiwin Technologies ranks #1487 out of 3031 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hiwin Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Technologies' Operating Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Hiwin Technologies ranks #1487 out of 3031 companies for Operating Margin %. This puts Hiwin Technologies in the upper half of its industry. The industry median Operating Margin % is 6.53. Hiwin Technologies' value of 4.85% is 25.7% below this benchmark. Historically, Hiwin Technologies' own Operating Margin % has ranged from 6.77 to 21.88 over the past decade. While the company's 10-year median is 11.32 vs. the industry median of 6.53, Hiwin Technologies 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,031 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. Hiwin Technologies's current Operating Margin % of 4.85% is 25.7% 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 Hiwin Technologies and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiwin Technologies's current Operating Margin % is 4.85%, which is 57% below median its own 10-year median of 11.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Technologies (TPE:2049) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$231.13, compared to a current price of NT$352.00 — trading 52.3% above its estimated fair value. The current Operating Margin % is 4.85%, which is 57% below median its 10-year median of 11.32 and 25.7% below the Industrial Products industry median of 6.53. Hiwin Technologies' overall GF Score™ is 70/100 with 5 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 Hiwin Technologies (TPE:2049), the current Operating Margin % is 4.85% 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 Hiwin Technologies (TPE:2049) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Technologies stock appears to be overvalued. The current stock price of NT$352.00 is trading 52.3% above its estimated GF Value™ of NT$231.13. GuruFocus considers Hiwin Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2049:

  • Operating Margin %: 4.85% (57% below median its 10-year median of 11.32)
  • GF Value™: NT$231.13 vs. price of NT$352.00 (52.3% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 25.7% below the Industrial Products median (#1487 of 3031)

No single metric tells the full story. See the TPE:2049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Technologies Business Description

Address No. 7, Jingke Road, Precision Machinery Park, Taichung, TWN, 408208
Hiwin Technologies Corp manufactures and sells ballscrews, linear guideways, industrial robots, aerospace automation equipment parts, computer numerical control (CNC) milling machines and medical equipment. Other products include Ball Spline, Linear Guideway Bearings, etc. The company's reportable segments are linear guideways, ballscrews, and others. The majority of revenue is generated from the Linear guideways segment. Geographically, it derives the maximum revenue from Taiwan, followed by China, Germany, Japan, the United States, and Others.
70GF Score

Get the complete analysis for TPE:2049

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

NT$352.00
Price
NT$231.13
GF Value