WE & WIN Development Co (TPE:2537) Operating Margin %: 13.81% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2537 WE & WIN Development Co Ltd TPE:2537
59 GF Score
Price NT$11.70
GF Value NT$19.02
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is WE & WIN Development Co Operating Margin %?

WE & WIN Development Co TPE:2537 +0.43% 59 Operating Margin % is 13.81% as of Mar. 2026, which is 1% above its 10-year median of 13.61. GuruFocus rates TPE:2537 with a GF Score™ of 59/100 and a GF Value™ of NT$19.02 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 1,745 Real Estate companies, WE & WIN Development Co ranks worse than 53.41% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. WE & WIN Development Co's Operating Income for the three months ended in Mar. 2026 was NT$167 Mil. WE & WIN Development Co's Revenue for the three months ended in Mar. 2026 was NT$1,213 Mil. Therefore, WE & WIN Development Co's Operating Margin % for the quarter that ended in Mar. 2026 was 13.81%.

Warning Sign:

WE & WIN Development Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.1%.

The historical rank and industry rank for WE & WIN Development Co's Operating Margin % or its related term are showing as below:

TPE:2537' s Operating Margin % Range Over the Past 10 Years
Min: -6.01   Med: 13.61   Max: 30.76
Current: 11.1


TPE:2537's Operating Margin % is ranked worse than
53.41% of 1745 companies
in the Real Estate industry
Industry Median: 13.01 vs TPE:2537: 11.10

WE & WIN Development Co's 5-Year Average Operating Margin % Growth Rate was -4.10% per year.

WE & WIN Development Co's Operating Income for the three months ended in Mar. 2026 was NT$167 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$240 Mil.


WE & WIN Development Co  (TPE:2537) 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.


WE & WIN Development Co Operating Margin % Related Terms


WE & WIN Development Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for WE & WIN Development 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.

WE & WIN Development Co Operating Margin % Chart

WE & WIN Development 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 22.32 14.65 6.83 21.03 12.90

WE & WIN Development 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 29.26 8.85 8.48 7.22 13.81

WE & WIN Development Co Operating Margin % Competitor Comparison

For the Real Estate - Development subindustry, WE & WIN Development 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.


WE & WIN Development Co Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WE & WIN Development Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where WE & WIN Development Co's Operating Margin % falls into.


TPE:2537
59GF Score
WE & WIN Development Co Ltd TPE:2537
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WE & WIN Development 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.

WE & WIN Development 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 )
=161.937 / 1255.647
=12.90 %

WE & WIN Development 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 )
=167.409 / 1212.617
=13.81 %

* 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 13.81% mean?
WE & WIN Development Co (TPE:2537) has a Operating Margin % of 13.81% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on WE & WIN Development Co and its competitors. This is near median its historical median of 13.61. According to the industry distribution chart, WE & WIN Development Co ranks #932 out of 1745 companies in the Real Estate industry, placing it in the top 53.4%.
Is WE & WIN Development Co's Operating Margin % too high?
WE & WIN Development Co's current Operating Margin % of 13.81% is near median its 10-year median of 13.61. The Real Estate industry median Operating Margin % is 13.01. WE & WIN Development Co's value of 13.81% is 6.1% above this industry median. Based on the distribution chart, WE & WIN Development Co ranks #932 out of 1745 companies in the Real Estate industry, which is below the industry midpoint. Overall, WE & WIN Development Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WE & WIN Development Co's Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, WE & WIN Development Co ranks #932 out of 1745 companies for Operating Margin %. This places WE & WIN Development Co in the lower half of its industry. The industry median Operating Margin % is 13.01. WE & WIN Development Co's value of 13.81% is 6.1% above this benchmark. While the company's 10-year median is 13.61 vs. the industry median of 13.01, WE & WIN Development 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.01, based on 1,745 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. WE & WIN Development Co's current Operating Margin % of 13.81% is 6.1% 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 WE & WIN Development Co and its competitors. For the Real Estate industry, the median Operating Margin % is 13.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WE & WIN Development Co's current Operating Margin % is 13.81%, which is near median its own 10-year median of 13.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WE & WIN Development Co stock overvalued right now?
Based on GuruFocus' analysis, WE & WIN Development Co (TPE:2537) is currently considered Possible Value Trap. The stock's GF Value™ is NT$19.02, compared to a current price of NT$11.70 — trading 38.5% below its estimated fair value. The current Operating Margin % is 13.81%, which is near median its 10-year median of 13.61 and 6.1% above the Real Estate industry median of 13.01. WE & WIN Development Co's overall GF Score™ is 59/100 with 11 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 WE & WIN Development Co (TPE:2537), the current Operating Margin % is 13.81% 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 WE & WIN Development Co (TPE:2537) Overvalued in 2026?

Based on GuruFocus' analysis, WE & WIN Development Co stock appears to be undervalued. The current stock price of NT$11.70 is trading 38.5% below its estimated GF Value™ of NT$19.02. GuruFocus considers WE & WIN Development Co to be Possible Value Trap.

Key valuation signals for TPE:2537:

  • Operating Margin %: 13.81% (near median its 10-year median of 13.61)
  • GF Value™: NT$19.02 vs. price of NT$11.70 (38.5% below fair value)
  • GF Score™: 59/100 with 11 warning signs
  • Industry Position: 6.1% above the Real Estate median (#932 of 1745)

No single metric tells the full story. See the TPE:2537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WE & WIN Development Co Business Description

Address No.68, Zhongxiao East Road, Section 5, 36th Floor, Xinyi District, Taipei, TWN, 110060
WE & WIN Development Co Ltd is engaged in residential and building development, leasing and sales, real estate trading, and computer equipment installation. The services provided by the company include land development, joint construction, urban renewal, and dilapidated housing reconstruction.
59GF Score

Get the complete analysis for TPE:2537

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

NT$11.70
Price
NT$19.02
GF Value