Taiwan Secom Co (TPE:9917) ROA %: 10.47% (As of Dec. 2025) — Near Median


TPE:9917 Taiwan Secom Co Ltd TPE:9917
90 GF Score
Price NT$105.50
GF Value NT$139.14
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Taiwan Secom Co ROA %?

Taiwan Secom Co TPE:9917 -2.31% 90 ROA % is 10.47% as of Dec. 2025, which is 2% above its 10-year median of 10.25. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,096 Business Services companies, Taiwan Secom Co ranks better than 81.66% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taiwan Secom Co's annualized Net Income for the quarter that ended in Dec. 2025 was NT$3,174 Mil. Taiwan Secom Co's average Total Assets over the quarter that ended in Dec. 2025 was NT$30,317 Mil. Therefore, Taiwan Secom Co's annualized ROA % for the quarter that ended in Dec. 2025 was 10.47%.

The historical rank and industry rank for Taiwan Secom Co's ROA % or its related term are showing as below:

TPE:9917' s ROA % Range Over the Past 10 Years
Min: 3.04   Med: 10.25   Max: 10.82
Current: 10.1

During the past 13 years, Taiwan Secom Co's highest ROA % was 10.82%. The lowest was 3.04%. And the median was 10.25%.

TPE:9917's ROA % is ranked better than
81.66% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs TPE:9917: 10.10

Taiwan Secom Co  (TPE:9917) 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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=3173.736/30316.8745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3173.736 / 19595.336)*(19595.336 / 30316.8745)
=Net Margin %*Asset Turnover
=16.2 %*0.6464
=10.47 %

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.


Taiwan Secom Co ROA % Related Terms


Taiwan Secom Co ROA % Historical Data

* Premium members only.

The historical data trend for Taiwan Secom Co's ROA % 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.

Taiwan Secom Co ROA % Chart

Taiwan Secom Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.82 10.43 9.82 10.32 10.17

Taiwan Secom Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.17 9.77 9.85 10.20 10.47

TPE:9917 vs ALLE, MSA, ADT: ROA % Comparison

For the Security & Protection Services subindustry, Taiwan Secom 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.


Taiwan Secom Co ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's ROA % distribution charts can be found below:

* The bar in red indicates where Taiwan Secom Co's ROA % falls into.


TPE:9917
90GF Score
Taiwan Secom Co Ltd TPE:9917
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Secom Co ROA % Calculation

Taiwan Secom Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=3007.399/( (28264.887+30862.301)/ 2 )
=3007.399/29563.594
=10.17 %

Taiwan Secom Co's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=3173.736/( (29771.448+30862.301)/ 2 )
=3173.736/30316.8745
=10.47 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 10.47% mean?
Taiwan Secom Co (TPE:9917) has a ROA % of 10.47% 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 Taiwan Secom Co and its competitors. This is near median its historical median of 10.25. Over the past decade, Taiwan Secom Co's ROA % has ranged from 3.04 to 10.82. According to the industry distribution chart, Taiwan Secom Co ranks #201 out of 1096 companies in the Business Services industry, placing it in the top 18.3%.
Is Taiwan Secom Co's ROA % too high?
Taiwan Secom Co's current ROA % of 10.47% is near median its 10-year median of 10.25. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 10.82. The Business Services industry median ROA % is 3.46. Taiwan Secom Co's value of 10.47% is 203% above this industry median. Based on the distribution chart, Taiwan Secom Co ranks #201 out of 1096 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 ROA % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #201 out of 1096 companies for ROA %. This places Taiwan Secom Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. Taiwan Secom Co's value of 10.47% is 203% above this benchmark. Historically, Taiwan Secom Co's own ROA % has ranged from 3.04 to 10.82 over the past decade. While the company's 10-year median is 10.25 vs. the industry median of 3.46, 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 ROA % for a Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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. Taiwan Secom Co's current ROA % of 10.47% is 203% 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 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current ROA % is 10.47%, which is near median its own 10-year median of 10.25. 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$105.50 — trading 24.2% below its estimated fair value. The current ROA % is 10.47%, which is near median its 10-year median of 10.25 and 203% above the Business Services industry median of 3.46. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Taiwan Secom Co (TPE:9917), the current ROA % is 10.47% 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$105.50 is trading 24.2% below its estimated GF Value™ of NT$139.14. GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.

Key valuation signals for TPE:9917:

  • ROA %: 10.47% (near median its 10-year median of 10.25)
  • GF Value™: NT$139.14 vs. price of NT$105.50 (24.2% below fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 203% above the Business Services median (#201 of 1096)

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 Business Description

Address 13th Floor, No.135, Jingmao 2nd Road, Nangang District, Taipei, TWN
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.
90GF Score

Get the complete analysis for TPE:9917

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$105.50
Price
NT$139.14
GF Value