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Microtips TechnologyROCO:3285 -0.81%68 Pretax Margin % is 10.90% as of Jun. 2026, which is 112% above its 10-year median of 5.15. GuruFocus rates ROCO:3285 with a GF Score™ of 68/100 and a GF Value™ of NT$32.42 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,473 Hardware companies, Microtips Technology ranks better than 73.43% 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.
Microtips Technology Pretax Margin % Related Terms
Microtips Technology Pretax Margin % Historical Data
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The historical data trend for Microtips Technology'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:3285 vs APH, GLW, TEL: Pretax Margin % Comparison
For the Electronic Components subindustry, Microtips Technology'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.
Microtips Technology Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Microtips Technology's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Microtips Technology'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.
Microtips Technology (ROCO:3285) has a Pretax Margin % of 10.90% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Microtips Technology and its competitors. This is 112% above median its historical median of 5.15. According to the industry distribution chart, Microtips Technology ranks #657 out of 2473 companies in the Hardware industry, placing it in the top 26.6%.
Is Microtips Technology's Pretax Margin % too high?
Microtips Technology's current Pretax Margin % of 10.90% is 112% above median its 10-year median of 5.15. The Hardware industry median Pretax Margin % is 4.03. Microtips Technology's value of 10.90% is 170.5% above this industry median. Based on the distribution chart, Microtips Technology ranks #657 out of 2473 companies in the Hardware industry, which is above the industry midpoint. Overall, Microtips Technology has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microtips Technology's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Microtips Technology ranks #657 out of 2473 companies for Pretax Margin %. This puts Microtips Technology in the upper half of its industry. The industry median Pretax Margin % is 4.03. Microtips Technology's value of 10.90% is 170.5% above this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 4.03, Microtips 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 Pretax Margin % for a Hardware company?
The median Pretax Margin % among Hardware companies is 4.03, based on 2,473 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. Microtips Technology's current Pretax Margin % of 10.90% is 170.5% 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 Microtips Technology and its competitors. For the Hardware industry, the median Pretax Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microtips Technology's current Pretax Margin % is 10.90%, which is 112% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microtips Technology stock overvalued right now?
Based on GuruFocus' analysis, Microtips Technology (ROCO:3285) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$32.42, compared to a current price of NT$36.80 — trading 13.5% above its estimated fair value. The current Pretax Margin % is 10.90%, which is 112% above median its 10-year median of 5.15 and 170.5% above the Hardware industry median of 4.03. Microtips Technology's overall GF Score™ is 68/100 with 4 warning signs 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 Microtips Technology (ROCO:3285), the current Pretax Margin % is 10.90% as of Jun. 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 Microtips Technology (ROCO:3285) Overvalued in 2026?
Based on GuruFocus' analysis, Microtips Technology stock appears to be overvalued.
The current stock price of NT$36.80 is trading 13.5% above its estimated GF Value™ of NT$32.42.
GuruFocus considers Microtips Technology to be Modestly Overvalued.
Key valuation signals for ROCO:3285:
Pretax Margin %: 10.90% (112% above median its 10-year median of 5.15)
GF Value™: NT$32.42 vs. price of NT$36.80 (13.5% above fair value)
Industry Position: 170.5% above the Hardware median (#657 of 2473)
No single metric tells the full story. See the ROCO:3285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.
68GF Score
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