Taiwan Secom CoTPE:9917 +1.89%90 Net Margin % is 16.20% as of Dec. 2025, which is 2% above its 10-year median of 15.93. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,074 Business Services companies, Taiwan Secom Co ranks better than 86.87% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Taiwan Secom Co's Net Income for the
three
months ended in Dec. 2025 was NT$793 Mil. Taiwan Secom Co's Revenue for the
three
months ended in Dec. 2025 was NT$4,899 Mil. Therefore, Taiwan Secom Co's net margin for the quarter that ended in Dec. 2025 was 16.20%.
The historical rank and industry rank for Taiwan Secom Co's Net Margin % or its related term are showing as below:
TPE:9917'
s Net Margin % Range Over the Past 10 Years
Min: 4.56 Med: 15.93 Max: 17.88
Current: 15.84
TPE:9917's Net Margin % is ranked better than 86.87% of 1074
companies
in the Business Services industry
Industry Median: 3.83
vs TPE:9917: 15.84
Taiwan Secom Co (TPE:9917) 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.
Taiwan Secom Co Net Margin % Related Terms
Taiwan Secom Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Taiwan Secom 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.
TPE:9917 vs ALLE, MSA, ADT: Net Margin % Comparison
For the Security & Protection Services subindustry, Taiwan Secom 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.
Taiwan Secom Co Net Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Secom Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Taiwan Secom 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.
Taiwan Secom Co (TPE:9917) has a Net Margin % of 16.20% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Taiwan Secom Co and its competitors. This is near median its historical median of 15.93. Over the past decade, Taiwan Secom Co's Net Margin % has ranged from 4.56 to 17.88. According to the industry distribution chart, Taiwan Secom Co ranks #141 out of 1074 companies in the Business Services industry, placing it in the top 13.1%.
Is Taiwan Secom Co's Net Margin % too high?
Taiwan Secom Co's current Net Margin % of 16.20% is near median its 10-year median of 15.93. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 17.88. The Business Services industry median Net Margin % is 3.83. Taiwan Secom Co's value of 16.20% is 323% above this industry median. Based on the distribution chart, Taiwan Secom Co ranks #141 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Secom Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's Net Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #141 out of 1074 companies for Net Margin %. This places Taiwan Secom Co in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.83. Taiwan Secom Co's value of 16.20% is 323% above this benchmark. Historically, Taiwan Secom Co's own Net Margin % has ranged from 4.56 to 17.88 over the past decade. While the company's 10-year median is 15.93 vs. the industry median of 3.83, Taiwan Secom 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 Business Services company?
The median Net Margin % among Business Services companies is 3.83, based on 1,074 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. Taiwan Secom Co's current Net Margin % of 16.20% is 323% 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median Net Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current Net Margin % is 16.20%, which is near median its own 10-year median of 15.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$139.14, compared to a current price of NT$108.00 — trading 22.4% below its estimated fair value. The current Net Margin % is 16.20%, which is near median its 10-year median of 15.93 and 323% above the Business Services industry median of 3.83. Taiwan Secom Co's overall GF Score™ is 90/100 with 4 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 Taiwan Secom Co (TPE:9917), the current Net Margin % is 16.20% 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued.
The current stock price of NT$108.00 is trading 22.4% below its estimated GF Value™ of NT$139.14.
GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.
Key valuation signals for TPE:9917:
Net Margin %: 16.20% (near median its 10-year median of 15.93)
GF Value™: NT$139.14 vs. price of NT$108.00 (22.4% below fair value)
Industry Position: 323% above the Business Services median (#141 of 1074)
No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
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