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.
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.
President SecuritiesTPE:2855 -1.17%77 Net Margin % is 38.57% as of Dec. 2025, which is 36% above its 10-year median of 28.40. GuruFocus rates TPE:2855 with a GF Score™ of 77/100 and a GF Value™ of NT$26.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 775 Capital Markets companies, President Securities ranks better than 76.26% on this metric.
The historical rank and industry rank for President Securities's Net Margin % or its related term are showing as below:
TPE:2855'
s Net Margin % Range Over the Past 10 Years
Min: 22.4 Med: 28.4 Max: 43.11
Current: 38.69
TPE:2855's Net Margin % is ranked better than 76.26% of 775
companies
in the Capital Markets industry
Industry Median: 14.82
vs TPE:2855: 38.69
President Securities (TPE:2855) 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.
President Securities Net Margin % Related Terms
President Securities Net Margin % Historical Data
* Premium members only.
The historical data trend for President Securities'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.
For the Capital Markets subindustry, President Securities'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.
President Securities Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, President Securities's Net Margin % distribution charts can be found below:
* The bar in red indicates where President Securities'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.
President Securities (TPE:2855) has a Net Margin % of 38.57% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on President Securities and its competitors. This is 36% above median its historical median of 28.40. Over the past decade, President Securities' Net Margin % has ranged from 22.40 to 43.11. According to the industry distribution chart, President Securities ranks #184 out of 775 companies in the Capital Markets industry, placing it in the top 23.7%.
Is President Securities' Net Margin % too high?
President Securities' current Net Margin % of 38.57% is 36% above median its 10-year median of 28.40. Over the past 10 years, this metric has ranged from a low of 22.40 to a high of 43.11. The Capital Markets industry median Net Margin % is 14.82. President Securities' value of 38.57% is 160.3% above this industry median. Based on the distribution chart, President Securities ranks #184 out of 775 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, President Securities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does President Securities' Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, President Securities ranks #184 out of 775 companies for Net Margin %. This places President Securities in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.82. President Securities' value of 38.57% is 160.3% above this benchmark. Historically, President Securities' own Net Margin % has ranged from 22.40 to 43.11 over the past decade. While the company's 10-year median is 28.40 vs. the industry median of 14.82, President Securities 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 14.82, based on 775 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. President Securities's current Net Margin % of 38.57% is 160.3% 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 President Securities and its competitors. For the Capital Markets industry, the median Net Margin % is 14.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Securities's current Net Margin % is 38.57%, which is 36% above median its own 10-year median of 28.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Securities stock overvalued right now?
Based on GuruFocus' analysis, President Securities (TPE:2855) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.08, compared to a current price of NT$46.35 — trading 77.7% above its estimated fair value. The current Net Margin % is 38.57%, which is 36% above median its 10-year median of 28.40 and 160.3% above the Capital Markets industry median of 14.82. President Securities' overall GF Score™ is 77/100 with 10 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 President Securities (TPE:2855), the current Net Margin % is 38.57% 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 President Securities (TPE:2855) Overvalued in 2026?
Based on GuruFocus' analysis, President Securities stock appears to be overvalued.
The current stock price of NT$46.35 is trading 77.7% above its estimated GF Value™ of NT$26.08.
GuruFocus considers President Securities to be Significantly Overvalued.
Key valuation signals for TPE:2855:
Net Margin %: 38.57% (36% above median its 10-year median of 28.40)
GF Value™: NT$26.08 vs. price of NT$46.35 (77.7% above fair value)
Industry Position: 160.3% above the Capital Markets median (#184 of 775)
No single metric tells the full story. See the TPE:2855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
President Securities Corp engaged in underwriting of securities, dealing or brokerage business of securities at the securities exchange markets and business premises, registration and transfer agency service for securities, margin loans and short sales business of securities, securities lending and borrowing business, futures introducing brokerage services, futures dealing, issuance of call (put) warrants, wealth management business, and trust business. Its operating segments include Brokerage, Proprietary Trading, Financial Instrument, and Reinvestment segments, with the Brokerage segment generating maximum revenue from consigned trading of the listed securities, margin trading, and short sale, assistance in futures trading, and other instruments trading, as approved by the regulations.
77GF Score
Get the complete analysis for TPE:2855
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2855 has been successfully added to your 
