Capital SecuritiesTPE:6005 +0.65%79 Net Margin % is 18.96% as of Dec. 2025, which is 32% below its 10-year median of 27.96. GuruFocus rates TPE:6005 with a GF Score™ of 79/100 and a GF Value™ of NT$31.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 774 Capital Markets companies, Capital Securities ranks better than 64.99% on this metric.
The historical rank and industry rank for Capital Securities's Net Margin % or its related term are showing as below:
TPE:6005'
s Net Margin % Range Over the Past 10 Years
Min: 10.73 Med: 27.96 Max: 37.66
Current: 26.48
TPE:6005's Net Margin % is ranked better than 64.99% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs TPE:6005: 26.48
Capital Securities (TPE:6005) 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.
Capital Securities Net Margin % Related Terms
Capital Securities Net Margin % Historical Data
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The historical data trend for Capital 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, Capital 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.
Capital Securities Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Securities's Net Margin % distribution charts can be found below:
* The bar in red indicates where Capital 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.
Capital Securities (TPE:6005) has a Net Margin % of 18.96% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Capital Securities and its competitors. This is 32% below median its historical median of 27.96. Over the past decade, Capital Securities' Net Margin % has ranged from 10.73 to 37.66. According to the industry distribution chart, Capital Securities ranks #271 out of 774 companies in the Capital Markets industry, placing it in the top 35%.
Is Capital Securities' Net Margin % too high?
Capital Securities' current Net Margin % of 18.96% is 32% below median its 10-year median of 27.96. Over the past 10 years, this metric has ranged from a low of 10.73 to a high of 37.66. The Capital Markets industry median Net Margin % is 14.31. Capital Securities' value of 18.96% is 32.5% above this industry median. Based on the distribution chart, Capital Securities ranks #271 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Capital Securities has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Securities' Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Securities ranks #271 out of 774 companies for Net Margin %. This puts Capital Securities in the upper half of its industry. The industry median Net Margin % is 14.31. Capital Securities' value of 18.96% is 32.5% above this benchmark. Historically, Capital Securities' own Net Margin % has ranged from 10.73 to 37.66 over the past decade. While the company's 10-year median is 27.96 vs. the industry median of 14.31, Capital 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 14.31, based on 774 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. Capital Securities's current Net Margin % of 18.96% is 32.5% 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 Capital Securities and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Securities's current Net Margin % is 18.96%, which is 32% below median its own 10-year median of 27.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Securities stock overvalued right now?
Based on GuruFocus' analysis, Capital Securities (TPE:6005) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$31.80, compared to a current price of NT$38.80 — trading 22% above its estimated fair value. The current Net Margin % is 18.96%, which is 32% below median its 10-year median of 27.96 and 32.5% above the Capital Markets industry median of 14.31. Capital Securities' overall GF Score™ is 79/100 with 8 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 Capital Securities (TPE:6005), the current Net Margin % is 18.96% 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 Capital Securities (TPE:6005) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Securities stock appears to be overvalued.
The current stock price of NT$38.80 is trading 22% above its estimated GF Value™ of NT$31.80.
GuruFocus considers Capital Securities to be Modestly Overvalued.
Key valuation signals for TPE:6005:
Net Margin %: 18.96% (32% below median its 10-year median of 27.96)
GF Value™: NT$31.80 vs. price of NT$38.80 (22% above fair value)
Industry Position: 32.5% above the Capital Markets median (#271 of 774)
No single metric tells the full story. See the TPE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Securities Corp is a Taiwan-based securities company engaged in brokerage, underwriting, proprietary trading, and derivatives businesses. It operates in segments such as the Brokerage segment, which is engaged in brokerage trading, margin trading, and securities lending business. Corporate financing segment: Engaged in providing advisory on initial public offering or to register on the emerging or listed market, securities underwriting and sales, corporate finance, mergers and acquisitions. Dealing segment: Engaged in trading securities and related listed stock instruments on a proprietary basis. Derivative instrument segment: Engaged in the investment, consultancy, and issuance of derivative instruments. Futures: Engaged in the business of domestic futures brokerage services.
79GF Score
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