Taiwan Navigation Co (TPE:2617) Operating Margin %: 41.07% (As of Dec. 2025) — 62% Above Median


TPE:2617 Taiwan Navigation Co Ltd TPE:2617
89 GF Score
Price NT$29.15
GF Value NT$33.32
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Taiwan Navigation Co Operating Margin %?

Taiwan Navigation Co TPE:2617 -2.67% 89 Operating Margin % is 41.07% as of Dec. 2025, which is 62% above its 10-year median of 25.30. GuruFocus rates TPE:2617 with a GF Score™ of 89/100 and a GF Value™ of NT$33.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,007 Transportation companies, Taiwan Navigation Co ranks better than 93.84% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Taiwan Navigation Co's Operating Income for the three months ended in Dec. 2025 was NT$483 Mil. Taiwan Navigation Co's Revenue for the three months ended in Dec. 2025 was NT$1,175 Mil. Therefore, Taiwan Navigation Co's Operating Margin % for the quarter that ended in Dec. 2025 was 41.07%.

Good Sign:

Taiwan Navigation Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:2617' s Operating Margin % Range Over the Past 10 Years
Min: -2.55   Med: 25.3   Max: 37.71
Current: 36.88


TPE:2617's Operating Margin % is ranked better than
93.84% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs TPE:2617: 36.88

Taiwan Navigation Co's 5-Year Average Operating Margin % Growth Rate was 11.40% per year.

Taiwan Navigation Co's Operating Income for the three months ended in Dec. 2025 was NT$483 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,586 Mil.


Taiwan Navigation Co  (TPE:2617) 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.


Taiwan Navigation Co Operating Margin % Related Terms


Taiwan Navigation Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Operating Margin % Chart

Taiwan Navigation 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 34.46 29.34 30.97 37.71 36.88

Taiwan Navigation 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 39.54 33.82 35.00 37.02 41.07

Taiwan Navigation Co Operating Margin % Competitor Comparison

For the Marine Shipping subindustry, Taiwan Navigation 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.


Taiwan Navigation Co Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Navigation Co's Operating Margin % distribution charts can be found below:

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


TPE:2617
89GF Score
Taiwan Navigation Co Ltd TPE:2617
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Navigation 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.

Taiwan Navigation 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 )
=1585.899 / 4299.838
=36.88 %

Taiwan Navigation 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 )
=482.535 / 1174.95
=41.07 %

* 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 41.07% mean?
Taiwan Navigation Co (TPE:2617) has a Operating Margin % of 41.07% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Taiwan Navigation Co and its competitors. This is 62% above median its historical median of 25.30. According to the industry distribution chart, Taiwan Navigation Co ranks #62 out of 1007 companies in the Transportation industry, placing it in the top 6.2%.
Is Taiwan Navigation Co's Operating Margin % too high?
Taiwan Navigation Co's current Operating Margin % of 41.07% is 62% above median its 10-year median of 25.30. The Transportation industry median Operating Margin % is 7.36. Taiwan Navigation Co's value of 41.07% is 458% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #62 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Operating Margin % compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #62 out of 1007 companies for Operating Margin %. This places Taiwan Navigation Co in the top 6% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.36. Taiwan Navigation Co's value of 41.07% is 458% above this benchmark. While the company's 10-year median is 25.30 vs. the industry median of 7.36, Taiwan Navigation 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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. Taiwan Navigation Co's current Operating Margin % of 41.07% is 458% 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 Taiwan Navigation Co and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current Operating Margin % is 41.07%, which is 62% above median its own 10-year median of 25.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.32, compared to a current price of NT$29.15 — trading 12.5% below its estimated fair value. The current Operating Margin % is 41.07%, which is 62% above median its 10-year median of 25.30 and 458% above the Transportation industry median of 7.36. Taiwan Navigation Co's overall GF Score™ is 89/100 with 3 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 Taiwan Navigation Co (TPE:2617), the current Operating Margin % is 41.07% 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$29.15 is trading 12.5% below its estimated GF Value™ of NT$33.32. GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.

Key valuation signals for TPE:2617:

  • Operating Margin %: 41.07% (62% above median its 10-year median of 25.30)
  • GF Value™: NT$33.32 vs. price of NT$29.15 (12.5% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 458% above the Transportation median (#62 of 1007)

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score

Get the complete analysis for TPE:2617

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

NT$29.15
Price
NT$33.32
GF Value