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Ta Chan Securities CoROCO:6020 -3.12%40 Return-on-Tangible-Equity is 1.30% as of Dec. 2025, which is 62% below its 10-year median of 3.42. GuruFocus rates ROCO:6020 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 782 Capital Markets companies, Ta Chan Securities Co ranks worse than 64.45% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ta Chan Securities Co's annualized net income for the quarter that ended in Dec. 2025 was NT$65.6 Mil. Ta Chan Securities Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$5,027.3 Mil. Therefore, Ta Chan Securities Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.30%.
The historical rank and industry rank for Ta Chan Securities Co's Return-on-Tangible-Equity or its related term are showing as below:
ROCO:6020'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.01 Med: 3.42 Max: 18.91
Current: 2.05
During the past 13 years, Ta Chan Securities Co's highest Return-on-Tangible-Equity was 18.91%. The lowest was -6.01%. And the median was 3.42%.
ROCO:6020's Return-on-Tangible-Equity is ranked worse than 64.45% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs ROCO:6020: 2.05
Ta Chan Securities Co (ROCO:6020) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ta Chan Securities Co Return-on-Tangible-Equity Related Terms
Ta Chan Securities Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ta Chan Securities Co's Return-on-Tangible-Equity 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.
Ta Chan Securities Co Return-on-Tangible-Equity Chart
ROCO:6020 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Ta Chan Securities Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Ta Chan Securities Co Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ta Chan Securities Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ta Chan Securities Co's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.30% mean?
Ta Chan Securities Co (ROCO:6020) has a Return-on-Tangible-Equity of 1.30% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ta Chan Securities Co and its competitors. This is 62% below median its historical median of 3.42. According to the industry distribution chart, Ta Chan Securities Co ranks #504 out of 782 companies in the Capital Markets industry, placing it in the top 64.5%.
Is Ta Chan Securities Co's Return-on-Tangible-Equity too high?
Ta Chan Securities Co's current Return-on-Tangible-Equity of 1.30% is 62% below median its 10-year median of 3.42. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Ta Chan Securities Co's value of 1.30% is 80.1% below this industry median. Based on the distribution chart, Ta Chan Securities Co ranks #504 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Ta Chan Securities Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Ta Chan Securities Co's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Ta Chan Securities Co ranks #504 out of 782 companies for Return-on-Tangible-Equity. This places Ta Chan Securities Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Ta Chan Securities Co's value of 1.30% is 80.1% below this benchmark. While the company's 10-year median is 3.42 vs. the industry median of 6.52, Ta Chan Securities Co has consistently been below 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 Return-on-Tangible-Equity for a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ta Chan Securities Co's current Return-on-Tangible-Equity of 1.30% is 80.1% below 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ta Chan Securities Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chan Securities Co's current Return-on-Tangible-Equity is 1.30%, which is 62% below median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chan Securities Co stock overvalued right now?
Ta Chan Securities Co (ROCO:6020) has a current Return-on-Tangible-Equity of 1.30%. The current Return-on-Tangible-Equity is 1.30%, which is 62% below median its 10-year median of 3.42 and 80.1% below the Capital Markets industry median of 6.52. Ta Chan Securities Co's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ta Chan Securities Co (ROCO:6020), the current Return-on-Tangible-Equity is 1.30% 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.
Ta Chan Securities Co Ltd is a securities service provider institution. The company is engaged in brokerage, trade, and underwriting of securities, futures, and margin trading. It is also involved in the securities lending business. Its segments include Brokerage Department, Investment Banking Department, Proprietary Trading Department, and Other Departments. It generates the majority of its revenue from the Proprietary Trading business.
40GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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