Ta Chan Securities CoROCO:6020 +1.11%60 ROA % is 0.80% as of Dec. 2025, which is 65% below its 10-year median of 2.31. GuruFocus rates ROCO:6020 with a GF Score™ of 60/100 and a GF Value™ of NT$17.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 819 Capital Markets companies, Ta Chan Securities Co ranks worse than 51.65% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ta Chan Securities Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$65.6 Mil.
Ta Chan Securities Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$8,238.5 Mil. Therefore, Ta Chan Securities Co's annualized ROA % for the quarter that ended in Dec. 2025 was 0.80%.
The historical rank and industry rank for Ta Chan Securities Co's ROA % or its related term are showing as below:
ROCO:6020'
s ROA % Range Over the Past 10 Years
Min: -3.89 Med: 2.31 Max: 11.6
Current: 1.31
During the past 13 years, Ta Chan Securities Co's highest ROA % was 11.60%. The lowest was -3.89%. And the median was 2.31%.
ROCO:6020's ROA % is ranked worse than 51.65% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs ROCO:6020: 1.31
Ta Chan Securities Co (ROCO:6020) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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, Ta Chan Securities Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ta Chan Securities Co's ROA % distribution charts can be found below:
* The bar in red indicates where Ta Chan Securities Co's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Ta Chan Securities Co (ROCO:6020) has a ROA % of 0.80% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ta Chan Securities Co and its competitors. This is 65% below median its historical median of 2.31. According to the industry distribution chart, Ta Chan Securities Co ranks #423 out of 819 companies in the Capital Markets industry, placing it in the top 51.6%.
Is Ta Chan Securities Co's ROA % too high?
Ta Chan Securities Co's current ROA % of 0.80% is 65% below median its 10-year median of 2.31. The Capital Markets industry median ROA % is 1.50. Ta Chan Securities Co's value of 0.80% is 46.7% below this industry median. Based on the distribution chart, Ta Chan Securities Co ranks #423 out of 819 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Ta Chan Securities Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Chan Securities Co's ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Ta Chan Securities Co ranks #423 out of 819 companies for ROA %. This places Ta Chan Securities Co in the lower half of its industry. The industry median ROA % is 1.50. Ta Chan Securities Co's value of 0.80% is 46.7% below this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 1.50, 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 ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ta Chan Securities Co's current ROA % of 0.80% is 46.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ta Chan Securities Co and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chan Securities Co's current ROA % is 0.80%, which is 65% below median its own 10-year median of 2.31. 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?
Based on GuruFocus' analysis, Ta Chan Securities Co (ROCO:6020) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.48, compared to a current price of NT$22.85 — trading 30.7% above its estimated fair value. The current ROA % is 0.80%, which is 65% below median its 10-year median of 2.31 and 46.7% below the Capital Markets industry median of 1.50. Ta Chan Securities Co's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Ta Chan Securities Co (ROCO:6020), the current ROA % is 0.80% 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 Ta Chan Securities Co (ROCO:6020) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Chan Securities Co stock appears to be overvalued.
The current stock price of NT$22.85 is trading 30.7% above its estimated GF Value™ of NT$17.48.
GuruFocus considers Ta Chan Securities Co to be Significantly Overvalued.
Key valuation signals for ROCO:6020:
ROA %: 0.80% (65% below median its 10-year median of 2.31)
GF Value™: NT$17.48 vs. price of NT$22.85 (30.7% above fair value)
Industry Position: 46.7% below the Capital Markets median (#423 of 819)
No single metric tells the full story. See the ROCO:6020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
60GF Score
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