Taiwan Secom CoTPE:9917 -0.47%90 Pretax Margin % is 18.92% as of Dec. 2025, which is 4% below its 10-year median of 19.80. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,074 Business Services companies, Taiwan Secom Co ranks better than 85.66% on this metric.
The historical rank and industry rank for Taiwan Secom Co's Pretax Margin % or its related term are showing as below:
TPE:9917'
s Pretax Margin % Range Over the Past 10 Years
Min: 7.66 Med: 19.8 Max: 21.83
Current: 19.28
TPE:9917's Pretax Margin % is ranked better than 85.66% of 1074
companies
in the Business Services industry
Industry Median: 5.325
vs TPE:9917: 19.28
Taiwan Secom Co (TPE:9917) 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.
Taiwan Secom Co Pretax Margin % Related Terms
Taiwan Secom Co Pretax Margin % Historical Data
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The historical data trend for Taiwan Secom Co's Pretax 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: Pretax Margin % Comparison
For the Security & Protection Services subindustry, Taiwan Secom 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.
Taiwan Secom Co Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Secom Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Taiwan Secom 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.
Taiwan Secom Co (TPE:9917) has a Pretax Margin % of 18.92% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Taiwan Secom Co and its competitors. This is near median its historical median of 19.80. Over the past decade, Taiwan Secom Co's Pretax Margin % has ranged from 7.66 to 21.83. According to the industry distribution chart, Taiwan Secom Co ranks #154 out of 1074 companies in the Business Services industry, placing it in the top 14.3%.
Is Taiwan Secom Co's Pretax Margin % too high?
Taiwan Secom Co's current Pretax Margin % of 18.92% is near median its 10-year median of 19.80. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 21.83. The Business Services industry median Pretax Margin % is 5.33. Taiwan Secom Co's value of 18.92% is 255.3% above this industry median. Based on the distribution chart, Taiwan Secom Co ranks #154 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 Pretax Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #154 out of 1074 companies for Pretax Margin %. This places Taiwan Secom Co in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.33. Taiwan Secom Co's value of 18.92% is 255.3% above this benchmark. Historically, Taiwan Secom Co's own Pretax Margin % has ranged from 7.66 to 21.83 over the past decade. While the company's 10-year median is 19.80 vs. the industry median of 5.33, 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 Pretax Margin % for a Business Services company?
The median Pretax Margin % among Business Services companies is 5.33, based on 1,074 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. Taiwan Secom Co's current Pretax Margin % of 18.92% is 255.3% 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 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median Pretax Margin % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current Pretax Margin % is 18.92%, which is near median its own 10-year median of 19.80. 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$139.38, compared to a current price of NT$105.00 — trading 24.7% below its estimated fair value. The current Pretax Margin % is 18.92%, which is near median its 10-year median of 19.80 and 255.3% above the Business Services industry median of 5.33. Taiwan Secom Co's overall GF Score™ is 90/100 with 5 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 Taiwan Secom Co (TPE:9917), the current Pretax Margin % is 18.92% 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$105.00 is trading 24.7% below its estimated GF Value™ of NT$139.38.
GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.
Key valuation signals for TPE:9917:
Pretax Margin %: 18.92% (near median its 10-year median of 19.80)
GF Value™: NT$139.38 vs. price of NT$105.00 (24.7% below fair value)
Industry Position: 255.3% above the Business Services median (#154 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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