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Appro PhotoelectronROCO:6560 -0.42%69 Pretax Margin % is 36.37% as of Dec. 2025, which is 219% above its 10-year median of 11.41. GuruFocus rates ROCO:6560 with a GF Score™ of 69/100 and a GF Value™ of NT$44.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,477 Hardware companies, Appro Photoelectron ranks worse than 73.03% 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.
Appro Photoelectron Pretax Margin % Related Terms
Appro Photoelectron Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Appro Photoelectron'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.
For the Electronic Components subindustry, Appro Photoelectron'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.
Appro Photoelectron Pretax Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Appro Photoelectron's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Appro Photoelectron'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.
Appro Photoelectron (ROCO:6560) has a Pretax Margin % of 36.37% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Appro Photoelectron and its competitors. This is 219% above median its historical median of 11.41. According to the industry distribution chart, Appro Photoelectron ranks #1809 out of 2477 companies in the Hardware industry, placing it in the top 73%.
Is Appro Photoelectron's Pretax Margin % too high?
Appro Photoelectron's current Pretax Margin % of 36.37% is 219% above median its 10-year median of 11.41. The Hardware industry median Pretax Margin % is 3.58. Appro Photoelectron's value of 36.37% is 915.9% above this industry median. Based on the distribution chart, Appro Photoelectron ranks #1809 out of 2477 companies in the Hardware industry, which is below the industry midpoint. Overall, Appro Photoelectron has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appro Photoelectron's Pretax Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Appro Photoelectron ranks #1809 out of 2477 companies for Pretax Margin %. This places Appro Photoelectron in the lower half of its industry. The industry median Pretax Margin % is 3.58. Appro Photoelectron's value of 36.37% is 915.9% above this benchmark. While the company's 10-year median is 11.41 vs. the industry median of 3.58, Appro Photoelectron 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 3.58, based on 2,477 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. Appro Photoelectron's current Pretax Margin % of 36.37% is 915.9% 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 Appro Photoelectron and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appro Photoelectron's current Pretax Margin % is 36.37%, which is 219% above median its own 10-year median of 11.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appro Photoelectron stock overvalued right now?
Based on GuruFocus' analysis, Appro Photoelectron (ROCO:6560) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.15, compared to a current price of NT$35.40 — trading 19.8% below its estimated fair value. The current Pretax Margin % is 36.37%, which is 219% above median its 10-year median of 11.41 and 915.9% above the Hardware industry median of 3.58. Appro Photoelectron's overall GF Score™ is 69/100 with 2 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 Appro Photoelectron (ROCO:6560), the current Pretax Margin % is 36.37% 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 Appro Photoelectron (ROCO:6560) Overvalued in 2026?
Based on GuruFocus' analysis, Appro Photoelectron stock appears to be undervalued.
The current stock price of NT$35.40 is trading 19.8% below its estimated GF Value™ of NT$44.15.
GuruFocus considers Appro Photoelectron to be Modestly Undervalued.
Key valuation signals for ROCO:6560:
Pretax Margin %: 36.37% (219% above median its 10-year median of 11.41)
GF Value™: NT$44.15 vs. price of NT$35.40 (19.8% below fair value)
Industry Position: 915.9% above the Hardware median (#1809 of 2477)
No single metric tells the full story. See the ROCO:6560 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Appro Photoelectron Inc operates as a design house for image products. The company helps its customers to develop products using TI digital signal process as its core system. Its products include NVIDIA Jetson TX1/TX2 Sensor module solution, Body Worn Camera Solution, Car DVR Solution, and Image Related Product.
69GF Score
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