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PixArt ImagingROCO:3227 +5.75%74 Pretax Margin % is 24.21% as of Dec. 2025, which is 22% above its 10-year median of 19.90. GuruFocus rates ROCO:3227 with a GF Score™ of 74/100 and a GF Value™ of NT$236.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,023 Semiconductors companies, PixArt Imaging ranks better than 84.46% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PixArt Imaging Pretax Margin % Related Terms
PixArt Imaging Pretax Margin % Historical Data
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The historical data trend for PixArt Imaging's Pretax 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.
ROCO:3227 vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, PixArt Imaging's Pretax Margin %, along with its competitors' market caps and Pretax 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.
PixArt Imaging Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, PixArt Imaging's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PixArt Imaging's Pretax Margin % falls into.
* 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.
PixArt Imaging (ROCO:3227) has a Pretax Margin % of 24.21% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PixArt Imaging and its competitors. This is 22% above median its historical median of 19.90. Over the past decade, PixArt Imaging's Pretax Margin % has ranged from 4.09 to 24.48. According to the industry distribution chart, PixArt Imaging ranks #159 out of 1023 companies in the Semiconductors industry, placing it in the top 15.5%.
Is PixArt Imaging's Pretax Margin % too high?
PixArt Imaging's current Pretax Margin % of 24.21% is 22% above median its 10-year median of 19.90. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 24.48. The Semiconductors industry median Pretax Margin % is 5.07. PixArt Imaging's value of 24.21% is 377.5% above this industry median. Based on the distribution chart, PixArt Imaging ranks #159 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, PixArt Imaging has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PixArt Imaging's Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, PixArt Imaging ranks #159 out of 1023 companies for Pretax Margin %. This places PixArt Imaging in the top 16% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.07. PixArt Imaging's value of 24.21% is 377.5% above this benchmark. Historically, PixArt Imaging's own Pretax Margin % has ranged from 4.09 to 24.48 over the past decade. While the company's 10-year median is 19.90 vs. the industry median of 5.07, PixArt Imaging 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 Pretax Margin % for a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.07, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PixArt Imaging's current Pretax Margin % of 24.21% is 377.5% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PixArt Imaging and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PixArt Imaging's current Pretax Margin % is 24.21%, which is 22% above median its own 10-year median of 19.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PixArt Imaging stock overvalued right now?
Based on GuruFocus' analysis, PixArt Imaging (ROCO:3227) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$236.47, compared to a current price of NT$193.00 — trading 18.4% below its estimated fair value. The current Pretax Margin % is 24.21%, which is 22% above median its 10-year median of 19.90 and 377.5% above the Semiconductors industry median of 5.07. PixArt Imaging's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PixArt Imaging (ROCO:3227), the current Pretax Margin % is 24.21% 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 PixArt Imaging (ROCO:3227) Overvalued in 2026?
Based on GuruFocus' analysis, PixArt Imaging stock appears to be undervalued.
The current stock price of NT$193.00 is trading 18.4% below its estimated GF Value™ of NT$236.47.
GuruFocus considers PixArt Imaging to be Modestly Undervalued.
Key valuation signals for ROCO:3227:
Pretax Margin %: 24.21% (22% above median its 10-year median of 19.90)
GF Value™: NT$236.47 vs. price of NT$193.00 (18.4% below fair value)
Industry Position: 377.5% above the Semiconductors median (#159 of 1023)
No single metric tells the full story. See the ROCO:3227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PixArt Imaging Inc manufactures and sells CMOS image sensors and related integrated circuits. It offers wired & wireless mouse sensors, PS2 mouse soc, USB mouse soc, laser mouse sensor, CMOS image sensor, PC-camera SoC, PC-camera controller, and others. Geographically, the company derives a majority of its revenue from Taiwan and Asia and other regions.
74GF Score
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