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Good Finance Securities CoROCO:6021 +4.37%64 Pretax Margin % is 116.52% as of Dec. 2025, which is 450% above its 10-year median of 21.17. GuruFocus rates ROCO:6021 with a GF Score™ of 64/100 and a GF Value™ of NT$24.57 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 776 Capital Markets companies, Good Finance Securities Co ranks better than 92.27% on this metric.
The historical rank and industry rank for Good Finance Securities Co's Pretax Margin % or its related term are showing as below:
ROCO:6021'
s Pretax Margin % Range Over the Past 10 Years
Min: -15.5 Med: 21.17 Max: 89.01
Current: 89.01
ROCO:6021's Pretax Margin % is ranked better than 92.27% of 776
companies
in the Capital Markets industry
Industry Median: 20.77
vs ROCO:6021: 89.01
Good Finance Securities Co (ROCO:6021) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Good Finance Securities Co Pretax Margin % Related Terms
Good Finance Securities Co Pretax Margin % Historical Data
* 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:6021 vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, Good Finance Securities Co's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Good Finance Securities Co Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Good Finance Securities Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Good Finance Securities Co's Pretax 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.
Good Finance Securities Co (ROCO:6021) has a Pretax Margin % of 116.52% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Good Finance Securities Co and its competitors. This is 450% above median its historical median of 21.17. According to the industry distribution chart, Good Finance Securities Co ranks #60 out of 776 companies in the Capital Markets industry, placing it in the top 7.7%.
Is Good Finance Securities Co's Pretax Margin % too high?
Good Finance Securities Co's current Pretax Margin % of 116.52% is 450% above median its 10-year median of 21.17. The Capital Markets industry median Pretax Margin % is 20.77. Good Finance Securities Co's value of 116.52% is 461% above this industry median. Based on the distribution chart, Good Finance Securities Co ranks #60 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Good Finance Securities Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Finance Securities Co's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Good Finance Securities Co ranks #60 out of 776 companies for Pretax Margin %. This places Good Finance Securities Co in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.77. Good Finance Securities Co's value of 116.52% is 461% above this benchmark. While the company's 10-year median is 21.17 vs. the industry median of 20.77, Good Finance 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 Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.77, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Good Finance Securities Co's current Pretax Margin % of 116.52% is 461% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Good Finance Securities Co and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Finance Securities Co's current Pretax Margin % is 116.52%, which is 450% above median its own 10-year median of 21.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Finance Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Good Finance Securities Co (ROCO:6021) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.57, compared to a current price of NT$39.40 — trading 60.4% above its estimated fair value. The current Pretax Margin % is 116.52%, which is 450% above median its 10-year median of 21.17 and 461% above the Capital Markets industry median of 20.77. Good Finance Securities Co's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Good Finance Securities Co (ROCO:6021), the current Pretax Margin % is 116.52% 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 Good Finance Securities Co (ROCO:6021) Overvalued in 2026?
Based on GuruFocus' analysis, Good Finance Securities Co stock appears to be overvalued.
The current stock price of NT$39.40 is trading 60.4% above its estimated GF Value™ of NT$24.57.
GuruFocus considers Good Finance Securities Co to be Significantly Overvalued.
Key valuation signals for ROCO:6021:
Pretax Margin %: 116.52% (450% above median its 10-year median of 21.17)
GF Value™: NT$24.57 vs. price of NT$39.40 (60.4% above fair value)
Industry Position: 461% above the Capital Markets median (#60 of 776)
No single metric tells the full story. See the ROCO:6021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Finance Securities Co Ltd is a security company. The company operates its businesses through security brokerage, proprietary business, and underwriting, and hedging business. The company provides its services to individuals and corporate clients. The reportable segments of the Group are Client partner segment, Investment segment, Investment bank segment, Futures segment and others. Majority of revenue is generated from Investment segment. Investment segment is responsible for securities dealing, bonds dealing, trading of financial instruments relating to interest rate and bills and bonds under repurchase or resale agreements followed by Client partner segment, Futures segment, and Investment bank segment.
64GF Score
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