Cleanaway Co (TPE:8422) Operating Margin %: 35.15% (As of Dec. 2025) — 28% Below Median


TPE:8422 Cleanaway Co Ltd TPE:8422
81 GF Score
Price NT$28.25
GF Value NT$16.54
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Cleanaway Co Operating Margin %?

Cleanaway Co TPE:8422 -1.40% 81 Operating Margin % is 35.15% as of Dec. 2025, which is 28% below its 10-year median of 49.15. GuruFocus rates TPE:8422 with a GF Score™ of 81/100 and a GF Value™ of NT$16.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 241 Waste Management companies, Cleanaway Co ranks better than 97.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cleanaway Co's Operating Income for the three months ended in Dec. 2025 was NT$349 Mil. Cleanaway Co's Revenue for the three months ended in Dec. 2025 was NT$994 Mil. Therefore, Cleanaway Co's Operating Margin % for the quarter that ended in Dec. 2025 was 35.15%.

Warning Sign:

Cleanaway Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.6%.

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

TPE:8422' s Operating Margin % Range Over the Past 10 Years
Min: 27.85   Med: 49.15   Max: 56.68
Current: 40.6


TPE:8422's Operating Margin % is ranked better than
97.51% of 241 companies
in the Waste Management industry
Industry Median: 6.61 vs TPE:8422: 40.60

Cleanaway Co's 5-Year Average Operating Margin % Growth Rate was -8.60% per year.

Cleanaway Co's Operating Income for the three months ended in Dec. 2025 was NT$349 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,940 Mil.


Cleanaway Co  (TPE:8422) 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.


Cleanaway Co Operating Margin % Related Terms


Cleanaway Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Cleanaway 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.

Cleanaway Co Operating Margin % Chart

Cleanaway 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 48.14 31.83 29.55 27.85 40.60

Cleanaway 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 32.53 41.96 48.34 34.53 35.15

TPE:8422 vs WM, RSG, WCN: Operating Margin % Comparison

For the Waste Management subindustry, Cleanaway 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.


Cleanaway Co Operating Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Co's Operating Margin % distribution charts can be found below:

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


TPE:8422
81GF Score
Cleanaway Co Ltd TPE:8422
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway 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.

Cleanaway 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 )
=1940.428 / 4779.815
=40.60 %

Cleanaway 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 )
=349.478 / 994.327
=35.15 %

* 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 35.15% mean?
Cleanaway Co (TPE:8422) has a Operating Margin % of 35.15% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Cleanaway Co and its competitors. This is 28% below median its historical median of 49.15. Over the past decade, Cleanaway Co's Operating Margin % has ranged from 27.85 to 56.68. According to the industry distribution chart, Cleanaway Co ranks #6 out of 241 companies in the Waste Management industry, placing it in the top 2.5%.
Is Cleanaway Co's Operating Margin % too high?
Cleanaway Co's current Operating Margin % of 35.15% is 28% below median its 10-year median of 49.15. Over the past 10 years, this metric has ranged from a low of 27.85 to a high of 56.68. The Waste Management industry median Operating Margin % is 6.61. Cleanaway Co's value of 35.15% is 431.8% above this industry median. Based on the distribution chart, Cleanaway Co ranks #6 out of 241 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Cleanaway Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's Operating Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Co ranks #6 out of 241 companies for Operating Margin %. This places Cleanaway Co in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.61. Cleanaway Co's value of 35.15% is 431.8% above this benchmark. Historically, Cleanaway Co's own Operating Margin % has ranged from 27.85 to 56.68 over the past decade. While the company's 10-year median is 49.15 vs. the industry median of 6.61, Cleanaway 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 Waste Management company?
The median Operating Margin % among Waste Management companies is 6.61, based on 241 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. Cleanaway Co's current Operating Margin % of 35.15% is 431.8% 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 Cleanaway Co and its competitors. For the Waste Management industry, the median Operating Margin % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current Operating Margin % is 35.15%, which is 28% below median its own 10-year median of 49.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.54, compared to a current price of NT$28.25 — trading 70.8% above its estimated fair value. The current Operating Margin % is 35.15%, which is 28% below median its 10-year median of 49.15 and 431.8% above the Waste Management industry median of 6.61. Cleanaway Co's overall GF Score™ is 81/100 with 8 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 Cleanaway Co (TPE:8422), the current Operating Margin % is 35.15% 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 Cleanaway Co (TPE:8422) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued. The current stock price of NT$28.25 is trading 70.8% above its estimated GF Value™ of NT$16.54. GuruFocus considers Cleanaway Co to be Significantly Overvalued.

Key valuation signals for TPE:8422:

  • Operating Margin %: 35.15% (28% below median its 10-year median of 49.15)
  • GF Value™: NT$16.54 vs. price of NT$28.25 (70.8% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 431.8% above the Waste Management median (#6 of 241)

No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cleanaway Co Business Description

Address No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
81GF Score

Get the complete analysis for TPE:8422

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

NT$28.25
Price
NT$16.54
GF Value