Sports Gear CoTPE:6768 -10.12%92 Operating Margin % is 6.43% as of Dec. 2025, which is 26% below its 10-year median of 8.72. GuruFocus rates TPE:6768 with a GF Score™ of 92/100 and a GF Value™ of NT$105.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,042 Manufacturing - Apparel & Accessories companies, Sports Gear Co ranks better than 71.31% on this metric.
Sports Gear Co Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Sports Gear Co's Operating Margin % or its related term are showing as below:
TPE:6768'
s Operating Margin % Range Over the Past 10 Years
Min: 3.37 Med: 8.72 Max: 15.99
Current: 8.42
TPE:6768's Operating Margin % is ranked better than 71.31% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs TPE:6768: 8.42
Sports Gear Co's 5-Year Average Operating Margin % Growth Rate was 4.30% per year.
Sports Gear Co's Operating Income for the
three
months ended in Dec. 2025 was NT$318 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,715 Mil.
Sports Gear Co (TPE:6768) 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 Nokias 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.
Sports Gear Co Operating Margin % Related Terms
Sports Gear Co Operating Margin % Historical Data
* Premium members only.
The historical data trend for Sports Gear 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.
TPE:6768 vs NKE, DECK, ONON: Operating Margin % Comparison
For the Footwear & Accessories subindustry, Sports Gear 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.
Sports Gear Co Operating Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sports Gear Co's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Sports Gear Co's Operating Margin % falls into.
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.
Sports Gear Co's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Sports Gear Co (TPE:6768) has a Operating Margin % of 6.43% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Sports Gear Co and its competitors. This is 26% below median its historical median of 8.72. Over the past decade, Sports Gear Co's Operating Margin % has ranged from 3.37 to 15.99. According to the industry distribution chart, Sports Gear Co ranks #299 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 28.7%.
Is Sports Gear Co's Operating Margin % too high?
Sports Gear Co's current Operating Margin % of 6.43% is 26% below median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 15.99. The Manufacturing - Apparel & Accessories industry median Operating Margin % is 4.09. Sports Gear Co's value of 6.43% is 57.4% above this industry median. Based on the distribution chart, Sports Gear Co ranks #299 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sports Gear Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sports Gear Co's Operating Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sports Gear Co ranks #299 out of 1042 companies for Operating Margin %. This puts Sports Gear Co in the upper half of its industry. The industry median Operating Margin % is 4.09. Sports Gear Co's value of 6.43% is 57.4% above this benchmark. Historically, Sports Gear Co's own Operating Margin % has ranged from 3.37 to 15.99 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 4.09, Sports Gear 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 Manufacturing - Apparel & Accessories company?
The median Operating Margin % among Manufacturing - Apparel & Accessories companies is 4.09, based on 1,042 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. Sports Gear Co's current Operating Margin % of 6.43% is 57.4% 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 Sports Gear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Operating Margin % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sports Gear Co's current Operating Margin % is 6.43%, which is 26% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sports Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Sports Gear Co (TPE:6768) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$105.62, compared to a current price of NT$77.30 — trading 26.8% below its estimated fair value. The current Operating Margin % is 6.43%, which is 26% below median its 10-year median of 8.72 and 57.4% above the Manufacturing - Apparel & Accessories industry median of 4.09. Sports Gear Co's overall GF Score™ is 92/100 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 Sports Gear Co (TPE:6768), the current Operating Margin % is 6.43% 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 Sports Gear Co (TPE:6768) Overvalued in 2026?
Based on GuruFocus' analysis, Sports Gear Co stock appears to be undervalued.
The current stock price of NT$77.30 is trading 26.8% below its estimated GF Value™ of NT$105.62.
GuruFocus considers Sports Gear Co to be Modestly Undervalued.
Key valuation signals for TPE:6768:
Operating Margin %: 6.43% (26% below median its 10-year median of 8.72)
GF Value™: NT$105.62 vs. price of NT$77.30 (26.8% below fair value)
Industry Position: 57.4% above the Manufacturing - Apparel & Accessories median (#299 of 1042)
No single metric tells the full story. See the TPE:6768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sports Gear Co Ltd is engaged in the manufacturing, import, and export of shoes and other sports-related products. The company produces and sells Casual shoes, Sports Shoes and others. Geographically the company generates revenue from America, Europe, Asia, China, Taiwan, and Others. The company generates majority of its revenue from America.
92GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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