InnoCare OptoelectronicsTPE:6861 -5.52%66 Operating Margin % is 6.15% as of Dec. 2025, which is 14% above its 10-year median of 5.40. GuruFocus rates TPE:6861 with a GF Score™ of 66/100 and a GF Value™ of NT$85.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 816 Medical Devices & Instruments companies, InnoCare Optoelectronics ranks better than 55.02% on this metric.
InnoCare Optoelectronics Corp operating margin has been in a 5-year decline. The average rate of decline per year is -12.7%.
The historical rank and industry rank for InnoCare Optoelectronics's Operating Margin % or its related term are showing as below:
TPE:6861'
s Operating Margin % Range Over the Past 10 Years
Min: 1.68 Med: 5.4 Max: 20.09
Current: 5.93
TPE:6861's Operating Margin % is ranked better than 55.02% of 816
companies
in the Medical Devices & Instruments industry
Industry Median: 3.465
vs TPE:6861: 5.93
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.
InnoCare Optoelectronics Operating Margin % Related Terms
InnoCare Optoelectronics Operating Margin % Historical Data
* 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:6861 vs ABT, SYK, MDT: Operating Margin % Comparison
For the Medical Devices subindustry, InnoCare Optoelectronics'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.
InnoCare Optoelectronics Operating Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, InnoCare Optoelectronics's Operating Margin % distribution charts can be found below:
* The bar in red indicates where InnoCare Optoelectronics'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.
InnoCare Optoelectronics'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.
InnoCare Optoelectronics (TPE:6861) has a Operating Margin % of 6.15% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on InnoCare Optoelectronics and its competitors. This is 14% above median its historical median of 5.40. Over the past decade, InnoCare Optoelectronics' Operating Margin % has ranged from 1.68 to 20.09. According to the industry distribution chart, InnoCare Optoelectronics ranks #367 out of 816 companies in the Medical Devices & Instruments industry, placing it in the top 45%.
Is InnoCare Optoelectronics' Operating Margin % too high?
InnoCare Optoelectronics' current Operating Margin % of 6.15% is 14% above median its 10-year median of 5.40. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 20.09. The Medical Devices & Instruments industry median Operating Margin % is 3.47. InnoCare Optoelectronics' value of 6.15% is 77.5% above this industry median. Based on the distribution chart, InnoCare Optoelectronics ranks #367 out of 816 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, InnoCare Optoelectronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnoCare Optoelectronics' Operating Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, InnoCare Optoelectronics ranks #367 out of 816 companies for Operating Margin %. This puts InnoCare Optoelectronics in the upper half of its industry. The industry median Operating Margin % is 3.47. InnoCare Optoelectronics' value of 6.15% is 77.5% above this benchmark. Historically, InnoCare Optoelectronics' own Operating Margin % has ranged from 1.68 to 20.09 over the past decade. While the company's 10-year median is 5.40 vs. the industry median of 3.47, InnoCare Optoelectronics 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.47, based on 816 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. InnoCare Optoelectronics's current Operating Margin % of 6.15% is 77.5% 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 InnoCare Optoelectronics and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnoCare Optoelectronics's current Operating Margin % is 6.15%, which is 14% above median its own 10-year median of 5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnoCare Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, InnoCare Optoelectronics (TPE:6861) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.66, compared to a current price of NT$333.50 — trading 289.3% above its estimated fair value. The current Operating Margin % is 6.15%, which is 14% above median its 10-year median of 5.40 and 77.5% above the Medical Devices & Instruments industry median of 3.47. InnoCare Optoelectronics' overall GF Score™ is 66/100 with 2 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 InnoCare Optoelectronics (TPE:6861), the current Operating Margin % is 6.15% 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 InnoCare Optoelectronics (TPE:6861) Overvalued in 2026?
Based on GuruFocus' analysis, InnoCare Optoelectronics stock appears to be overvalued.
The current stock price of NT$333.50 is trading 289.3% above its estimated GF Value™ of NT$85.66.
GuruFocus considers InnoCare Optoelectronics to be Significantly Overvalued.
Key valuation signals for TPE:6861:
Operating Margin %: 6.15% (14% above median its 10-year median of 5.40)
GF Value™: NT$85.66 vs. price of NT$333.50 (289.3% above fair value)
Industry Position: 77.5% above the Medical Devices & Instruments median (#367 of 816)
No single metric tells the full story. See the TPE:6861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InnoCare Optoelectronics Corp is mainly engaged in the manufacturing and sale of optical instruments and medical equipment. Its products include X-Ray flat panel detector devices, X-Ray flat panel detector modules, and others.
66GF 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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