Visual Photonics Epitaxy Co (TPE:2455) Operating Margin %: 23.63% (As of Mar. 2026) — Near Median

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TPE:2455 Visual Photonics Epitaxy Co Ltd TPE:2455
78 GF Score
Price NT$314.50
GF Value NT$194.67
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Visual Photonics Epitaxy Co Operating Margin %?

Visual Photonics Epitaxy Co TPE:2455 -4.41% 78 Operating Margin % is 23.63% as of Mar. 2026, which is 1% above its 10-year median of 23.30. GuruFocus rates TPE:2455 with a GF Score™ of 78/100 and a GF Value™ of NT$194.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,022 Semiconductors companies, Visual Photonics Epitaxy Co ranks better than 82.88% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Visual Photonics Epitaxy Co's Operating Income for the three months ended in Mar. 2026 was NT$227 Mil. Visual Photonics Epitaxy Co's Revenue for the three months ended in Mar. 2026 was NT$959 Mil. Therefore, Visual Photonics Epitaxy Co's Operating Margin % for the quarter that ended in Mar. 2026 was 23.63%.

Warning Sign:

Visual Photonics Epitaxy Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.4%.

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

TPE:2455' s Operating Margin % Range Over the Past 10 Years
Min: 19.8   Med: 23.3   Max: 29.28
Current: 20.22


TPE:2455's Operating Margin % is ranked better than
82.88% of 1022 companies
in the Semiconductors industry
Industry Median: 5.34 vs TPE:2455: 20.22

Visual Photonics Epitaxy Co's 5-Year Average Operating Margin % Growth Rate was -6.40% per year.

Visual Photonics Epitaxy Co's Operating Income for the three months ended in Mar. 2026 was NT$227 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$717 Mil.


Visual Photonics Epitaxy Co  (TPE:2455) 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.


Visual Photonics Epitaxy Co Operating Margin % Related Terms


Visual Photonics Epitaxy Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Visual Photonics Epitaxy 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.

Visual Photonics Epitaxy Co Operating Margin % Chart

Visual Photonics Epitaxy 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 29.28 22.27 20.12 22.25 19.80

Visual Photonics Epitaxy 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 22.55 17.09 17.44 21.78 23.63

TPE:2455 vs AMAT, LRCX, KLAC: Operating Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Visual Photonics Epitaxy 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.


Visual Photonics Epitaxy Co Operating Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Visual Photonics Epitaxy Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Visual Photonics Epitaxy Co's Operating Margin % falls into.


TPE:2455
78GF Score
Visual Photonics Epitaxy Co Ltd TPE:2455
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visual Photonics Epitaxy 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.

Visual Photonics Epitaxy 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 )
=669.263 / 3380.143
=19.80 %

Visual Photonics Epitaxy 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 )
=226.651 / 959.31
=23.63 %

* 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 23.63% mean?
Visual Photonics Epitaxy Co (TPE:2455) has a Operating Margin % of 23.63% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Visual Photonics Epitaxy Co and its competitors. This is near median its historical median of 23.30. Over the past decade, Visual Photonics Epitaxy Co's Operating Margin % has ranged from 19.80 to 29.28. According to the industry distribution chart, Visual Photonics Epitaxy Co ranks #175 out of 1022 companies in the Semiconductors industry, placing it in the top 17.1%.
Is Visual Photonics Epitaxy Co's Operating Margin % too high?
Visual Photonics Epitaxy Co's current Operating Margin % of 23.63% is near median its 10-year median of 23.30. Over the past 10 years, this metric has ranged from a low of 19.80 to a high of 29.28. The Semiconductors industry median Operating Margin % is 5.34. Visual Photonics Epitaxy Co's value of 23.63% is 342.5% above this industry median. Based on the distribution chart, Visual Photonics Epitaxy Co ranks #175 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Visual Photonics Epitaxy Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Visual Photonics Epitaxy Co's Operating Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Visual Photonics Epitaxy Co ranks #175 out of 1022 companies for Operating Margin %. This places Visual Photonics Epitaxy Co in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.34. Visual Photonics Epitaxy Co's value of 23.63% is 342.5% above this benchmark. Historically, Visual Photonics Epitaxy Co's own Operating Margin % has ranged from 19.80 to 29.28 over the past decade. While the company's 10-year median is 23.30 vs. the industry median of 5.34, Visual Photonics Epitaxy 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.34, based on 1,022 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. Visual Photonics Epitaxy Co's current Operating Margin % of 23.63% is 342.5% 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 Visual Photonics Epitaxy Co and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visual Photonics Epitaxy Co's current Operating Margin % is 23.63%, which is near median its own 10-year median of 23.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visual Photonics Epitaxy Co stock overvalued right now?
Based on GuruFocus' analysis, Visual Photonics Epitaxy Co (TPE:2455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$194.67, compared to a current price of NT$314.50 — trading 61.6% above its estimated fair value. The current Operating Margin % is 23.63%, which is near median its 10-year median of 23.30 and 342.5% above the Semiconductors industry median of 5.34. Visual Photonics Epitaxy Co's overall GF Score™ is 78/100 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 Visual Photonics Epitaxy Co (TPE:2455), the current Operating Margin % is 23.63% 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 Visual Photonics Epitaxy Co (TPE:2455) Overvalued in 2026?

Based on GuruFocus' analysis, Visual Photonics Epitaxy Co stock appears to be overvalued. The current stock price of NT$314.50 is trading 61.6% above its estimated GF Value™ of NT$194.67. GuruFocus considers Visual Photonics Epitaxy Co to be Significantly Overvalued.

Key valuation signals for TPE:2455:

  • Operating Margin %: 23.63% (near median its 10-year median of 23.30)
  • GF Value™: NT$194.67 vs. price of NT$314.50 (61.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 342.5% above the Semiconductors median (#175 of 1022)

No single metric tells the full story. See the TPE:2455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Visual Photonics Epitaxy Co Business Description

Address Gongye 1st Road, No. 16, Pingzhen Industrial Zone, Pingzhen District, Taoyuan, TWN, 324
Visual Photonics Epitaxy Co Ltd is a Taiwan-based company that is principally engaged in developing, producing, and marketing of optoelectronic semiconductors epitaxy, optoelectronic components products. The company's products are used to provide solutions for wireless communications, optical fiber communications, and solar cell applications. Its products consist of GaAs Heterojunction Bipolar Transistor epi wafer, Low turn-on voltage gaAsSb HBT epi wafers, High-voltage gaAs HBT epi wafer, and InP HBT epi wafers, and others.
78GF Score

Get the complete analysis for TPE:2455

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

NT$314.50
Price
NT$194.67
GF Value