Voltronic Power Technology (TPE:6409) Operating Margin %: 17.79% (As of Mar. 2026) — 13% Below Median


TPE:6409 Voltronic Power Technology Corp TPE:6409
96 GF Score
Price NT$977.00
GF Value NT$1,433.95
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Voltronic Power Technology Operating Margin %?

Voltronic Power Technology TPE:6409 -2.30% 96 Operating Margin % is 17.79% as of Mar. 2026, which is 13% below its 10-year median of 20.36. GuruFocus rates TPE:6409 with a GF Score™ of 96/100 and a GF Value™ of NT$1,433.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,038 Industrial Products companies, Voltronic Power Technology ranks better than 92% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Voltronic Power Technology's Operating Income for the three months ended in Mar. 2026 was NT$748 Mil. Voltronic Power Technology's Revenue for the three months ended in Mar. 2026 was NT$4,205 Mil. Therefore, Voltronic Power Technology's Operating Margin % for the quarter that ended in Mar. 2026 was 17.79%.

Good Sign:

Voltronic Power Technology Corp operating margin is expanding. Margin expansion is usually a good sign.

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

TPE:6409' s Operating Margin % Range Over the Past 10 Years
Min: 17.32   Med: 20.36   Max: 23.25
Current: 20.43


TPE:6409's Operating Margin % is ranked better than
92% of 3038 companies
in the Industrial Products industry
Industry Median: 6.53 vs TPE:6409: 20.43

Voltronic Power Technology's 5-Year Average Operating Margin % Growth Rate was 2.90% per year.

Voltronic Power Technology's Operating Income for the three months ended in Mar. 2026 was NT$748 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$4,031 Mil.


Voltronic Power Technology  (TPE:6409) 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.


Voltronic Power Technology Operating Margin % Related Terms


Voltronic Power Technology Operating Margin % Historical Data

* Premium members only.

The historical data trend for Voltronic Power Technology'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.

Voltronic Power Technology Operating Margin % Chart

Voltronic Power Technology 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 17.32 23.25 21.87 22.45 21.14

Voltronic Power Technology 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 21.14 20.08 22.13 21.36 17.79

TPE:6409 vs VRT, BE: Operating Margin % Comparison

For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.


Voltronic Power Technology Operating Margin % vs Industrial Products Industry

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

* The bar in red indicates where Voltronic Power Technology's Operating Margin % falls into.


TPE:6409
96GF Score
Voltronic Power Technology Corp TPE:6409
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voltronic Power Technology 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.

Voltronic Power Technology'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 )
=4339.235 / 20521.345
=21.14 %

Voltronic Power Technology'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 )
=747.852 / 4204.594
=17.79 %

* 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 17.79% mean?
Voltronic Power Technology (TPE:6409) has a Operating Margin % of 17.79% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Voltronic Power Technology and its competitors. This is 13% below median its historical median of 20.36. Over the past decade, Voltronic Power Technology's Operating Margin % has ranged from 17.32 to 23.25. According to the industry distribution chart, Voltronic Power Technology ranks #243 out of 3038 companies in the Industrial Products industry, placing it in the top 8%.
Is Voltronic Power Technology's Operating Margin % too high?
Voltronic Power Technology's current Operating Margin % of 17.79% is 13% below median its 10-year median of 20.36. Over the past 10 years, this metric has ranged from a low of 17.32 to a high of 23.25. The Industrial Products industry median Operating Margin % is 6.53. Voltronic Power Technology's value of 17.79% is 172.4% above this industry median. Based on the distribution chart, Voltronic Power Technology ranks #243 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Voltronic Power Technology has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's Operating Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltronic Power Technology ranks #243 out of 3038 companies for Operating Margin %. This places Voltronic Power Technology in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.53. Voltronic Power Technology's value of 17.79% is 172.4% above this benchmark. Historically, Voltronic Power Technology's own Operating Margin % has ranged from 17.32 to 23.25 over the past decade. While the company's 10-year median is 20.36 vs. the industry median of 6.53, Voltronic Power Technology 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. Voltronic Power Technology's current Operating Margin % of 17.79% is 172.4% 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 Voltronic Power Technology 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. Voltronic Power Technology's current Operating Margin % is 17.79%, which is 13% below median its own 10-year median of 20.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$1,433.95, compared to a current price of NT$977.00 — trading 31.9% below its estimated fair value. The current Operating Margin % is 17.79%, which is 13% below median its 10-year median of 20.36 and 172.4% above the Industrial Products industry median of 6.53. Voltronic Power Technology's overall GF Score™ is 96/100 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 Voltronic Power Technology (TPE:6409), the current Operating Margin % is 17.79% 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?

Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued. The current stock price of NT$977.00 is trading 31.9% below its estimated GF Value™ of NT$1,433.95. GuruFocus considers Voltronic Power Technology to be Significantly Undervalued.

Key valuation signals for TPE:6409:

  • Operating Margin %: 17.79% (13% below median its 10-year median of 20.36)
  • GF Value™: NT$1,433.95 vs. price of NT$977.00 (31.9% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 172.4% above the Industrial Products median (#243 of 3038)

No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltronic Power Technology Business Description

Address No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
96GF Score

Get the complete analysis for TPE:6409

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

NT$977.00
Price
NT$1,433.95
GF Value