Ta Chan Securities CoROCO:6020 60 Net Margin % is 18.99% as of Dec. 2025, which is 66% below its 10-year median of 56.16. GuruFocus rates ROCO:6020 with a GF Score™ of 60/100 and a GF Value™ of NT$17.47 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 777 Capital Markets companies, Ta Chan Securities Co ranks better than 78.76% on this metric.
The historical rank and industry rank for Ta Chan Securities Co's Net Margin % or its related term are showing as below:
ROCO:6020'
s Net Margin % Range Over the Past 10 Years
Min: -2532.11 Med: 56.16 Max: 74.84
Current: 40.15
ROCO:6020's Net Margin % is ranked better than 78.76% of 777
companies
in the Capital Markets industry
Industry Median: 14.46
vs ROCO:6020: 40.15
Ta Chan Securities Co (ROCO:6020) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Ta Chan Securities Co Net Margin % Related Terms
Ta Chan Securities Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Ta Chan Securities Co's Net 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:6020 vs MS, GS, SCHW: Net Margin % Comparison
For the Capital Markets subindustry, Ta Chan Securities Co's Net Margin %, along with its competitors' market caps and Net 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.
Ta Chan Securities Co Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ta Chan Securities Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ta Chan Securities Co's Net 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.
Ta Chan Securities Co (ROCO:6020) has a Net Margin % of 18.99% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Ta Chan Securities Co and its competitors. This is 66% below median its historical median of 56.16. According to the industry distribution chart, Ta Chan Securities Co ranks #165 out of 777 companies in the Capital Markets industry, placing it in the top 21.2%.
Is Ta Chan Securities Co's Net Margin % too high?
Ta Chan Securities Co's current Net Margin % of 18.99% is 66% below median its 10-year median of 56.16. The Capital Markets industry median Net Margin % is 14.46. Ta Chan Securities Co's value of 18.99% is 31.3% above this industry median. Based on the distribution chart, Ta Chan Securities Co ranks #165 out of 777 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Ta Chan Securities Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Chan Securities Co's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Ta Chan Securities Co ranks #165 out of 777 companies for Net Margin %. This places Ta Chan Securities Co in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.46. Ta Chan Securities Co's value of 18.99% is 31.3% above this benchmark. While the company's 10-year median is 56.16 vs. the industry median of 14.46, Ta Chan 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 Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.46, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ta Chan Securities Co's current Net Margin % of 18.99% is 31.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ta Chan Securities Co and its competitors. For the Capital Markets industry, the median Net Margin % is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chan Securities Co's current Net Margin % is 18.99%, which is 66% below median its own 10-year median of 56.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chan Securities Co (ROCO:6020) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.47, compared to a current price of NT$22.60 — trading 29.4% above its estimated fair value. The current Net Margin % is 18.99%, which is 66% below median its 10-year median of 56.16 and 31.3% above the Capital Markets industry median of 14.46. Ta Chan Securities Co's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ta Chan Securities Co (ROCO:6020), the current Net Margin % is 18.99% 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 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$22.60 is trading 29.4% above its estimated GF Value™ of NT$17.47.
GuruFocus considers Ta Chan Securities Co to be Modestly Overvalued.
Key valuation signals for ROCO:6020:
Net Margin %: 18.99% (66% below median its 10-year median of 56.16)
GF Value™: NT$17.47 vs. price of NT$22.60 (29.4% above fair value)
Industry Position: 31.3% above the Capital Markets median (#165 of 777)
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 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
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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