Ta Chan Securities Co (ROCO:6020) Moat Score: 0/10 (As of Jul. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6020 Ta Chan Securities Co Ltd ROCO:6020
60 GF Score
Price NT$21.80
GF Value NT$17.61
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ta Chan Securities Co Moat Score?

Ta Chan Securities Co has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Ta Chan Securities Co has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Ta Chan Securities Co might have No Moat - No discernible moat.

Ta Chan Securities Co  (ROCO:6020) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Ta Chan Securities Co Moat Score Related Terms

ROCO:6020
60GF Score
Ta Chan Securities Co Ltd ROCO:6020
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Ta Chan Securities Co (ROCO:6020) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Chan Securities Co stock appears to be overvalued. The current stock price of NT$21.80 is trading 23.8% above its estimated GF Value™ of NT$17.61. GuruFocus considers Ta Chan Securities Co to be Modestly Overvalued.

Key valuation signals for ROCO:6020:

  • Moat Score: 0
  • GF Value™: NT$17.61 vs. price of NT$21.80 (23.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the ROCO:6020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ta Chan Securities Co Business Description

Address No. 17, Section 1, Chengde Road, Datong District, 17th Floor, Taipei, TWN, 10351
Ta Chan Securities Co Ltd is a securities service provider institution. The company is engaged in brokerage, trade, and underwriting of securities, futures, and margin trading. It is also involved in the securities lending business. Its segments include Brokerage Department, Investment Banking Department, Proprietary Trading Department, and Other Departments. It generates the majority of its revenue from the Proprietary Trading business.
60GF Score

Get the complete analysis for ROCO:6020

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

NT$21.80
Price
NT$17.61
GF Value