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Concord Securities CoROCO:6016 +1.78%64 Gross Margin % is 91.58% as of Dec. 2025, which is 7% above its 10-year median of 85.23. GuruFocus rates ROCO:6016 with a GF Score™ of 64/100 and a GF Value™ of NT$11.85 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 618 Capital Markets companies, Concord Securities Co ranks better than 86.41% on this metric.
ROCO:6016's Gross Margin % is ranked better than 86.41% of 618
companies
in the Capital Markets industry
Industry Median: 49.87
vs ROCO:6016: 86.73
Concord Securities Co had a gross margin of 91.58% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Concord Securities Co was 0.30% per year.
Concord Securities Co (ROCO:6016) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Concord Securities Co had a gross margin of 91.58% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Concord Securities Co Gross Margin % Related Terms
Concord Securities Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Concord Securities Co's Gross 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:6016 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Concord Securities Co's Gross Margin %, along with its competitors' market caps and Gross 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.
Concord Securities Co Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Concord Securities Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Concord Securities Co's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Concord Securities Co (ROCO:6016) has a Gross Margin % of 91.58% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Concord Securities Co and its competitors. This is near median its historical median of 85.23. Over the past decade, Concord Securities Co's Gross Margin % has ranged from 74.04 to 89.78. According to the industry distribution chart, Concord Securities Co ranks #84 out of 618 companies in the Capital Markets industry, placing it in the top 13.6%.
Is Concord Securities Co's Gross Margin % too high?
Concord Securities Co's current Gross Margin % of 91.58% is near median its 10-year median of 85.23. Over the past 10 years, this metric has ranged from a low of 74.04 to a high of 89.78. The Capital Markets industry median Gross Margin % is 49.87. Concord Securities Co's value of 91.58% is 83.6% above this industry median. Based on the distribution chart, Concord Securities Co ranks #84 out of 618 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Concord Securities Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concord Securities Co's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Concord Securities Co ranks #84 out of 618 companies for Gross Margin %. This places Concord Securities Co in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 49.87. Concord Securities Co's value of 91.58% is 83.6% above this benchmark. Historically, Concord Securities Co's own Gross Margin % has ranged from 74.04 to 89.78 over the past decade. While the company's 10-year median is 85.23 vs. the industry median of 49.87, Concord Securities 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 Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.87, based on 618 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Concord Securities Co's current Gross Margin % of 91.58% is 83.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Concord Securities Co and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Securities Co's current Gross Margin % is 91.58%, which is near median its own 10-year median of 85.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concord Securities Co (ROCO:6016) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.85, compared to a current price of NT$25.75 — trading 117.3% above its estimated fair value. The current Gross Margin % is 91.58%, which is near median its 10-year median of 85.23 and 83.6% above the Capital Markets industry median of 49.87. Concord Securities Co's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Concord Securities Co (ROCO:6016), the current Gross Margin % is 91.58% 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 Concord Securities Co (ROCO:6016) Overvalued in 2026?
Based on GuruFocus' analysis, Concord Securities Co stock appears to be overvalued.
The current stock price of NT$25.75 is trading 117.3% above its estimated GF Value™ of NT$11.85.
GuruFocus considers Concord Securities Co to be Significantly Overvalued.
Key valuation signals for ROCO:6016:
Gross Margin %: 91.58% (near median its 10-year median of 85.23)
GF Value™: NT$11.85 vs. price of NT$25.75 (117.3% above fair value)
Industry Position: 83.6% above the Capital Markets median (#84 of 618)
No single metric tells the full story. See the ROCO:6016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord Securities Co Ltd. is a Taiwan-based company that engages in transactions such as securities, proprietary and brokerage, underwriting, financing, customer acquisition, and short sales; providing agency services for share affairs; assisting in futures trading; and other businesses as approved by relevant authorities. The company's reporting segments are Proprietary, Brokerage, Underwriting, and Other. The majority of its revenue is generated from the Proprietary segment, which engages in trading securities and futures transactions for hedging. The brokerage department engages in securities brokerage, margin purchase, and short sale. The underwriting department engages in efforts underwriting or firm commitment underwritings.
64GF Score
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