Ta Chan Securities Co (ROCO:6020) ROCE %: 2.51% (As of Dec. 2025)


ROCO:6020 Ta Chan Securities Co Ltd ROCO:6020
60 GF Score
Price NT$22.85
GF Value NT$17.47
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ta Chan Securities Co ROCE %?

Ta Chan Securities Co ROCO:6020 60 ROCE % is 2.51% as of Dec. 2025. GuruFocus rates ROCO:6020 with a GF Score™ of 60/100 and a GF Value™ of NT$17.47 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ta Chan Securities Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.51%.

Ta Chan Securities Co  (ROCO:6020) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ta Chan Securities Co ROCE % Related Terms

Ta Chan Securities Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ta Chan Securities Co's ROCE % 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 ROCE % Chart

Ta Chan Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.12 -5.53 8.45 4.88 2.86

Ta Chan Securities Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 -1.90 -2.83 2.47 9.10 2.51
ROCO:6020
60GF Score
Ta Chan Securities Co Ltd ROCO:6020
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ta Chan Securities Co ROCE % Calculation

Ta Chan Securities Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=139.058/( ( (7117.785 - 2288.686) + (8289.57 - 3390.537) )/ 2 )
=139.058/( (4829.099+4899.033)/ 2 )
=139.058/4864.066
=2.86 %

Ta Chan Securities Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=126.54/( ( (8187.529 - 3017.318) + (8289.57 - 3390.537) )/ 2 )
=126.54/( ( 5170.211 + 4899.033 )/ 2 )
=126.54/5034.622
=2.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.51% mean?
Ta Chan Securities Co (ROCO:6020) has a ROCE % of 2.51% as of Dec. 2025.
Is Ta Chan Securities Co's ROCE % too high?
Ta Chan Securities Co's current ROCE % is 2.51%. The Capital Markets industry median ROCE % is 5.67. Ta Chan Securities Co's value of 2.51% is 55.7% below this industry median. Overall, Ta Chan Securities Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Chan Securities Co's ROCE % compare to MS and GS?
Ta Chan Securities Co's ROCE % of 2.51% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.67. Ta Chan Securities Co's value of 2.51% is 55.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 5.67, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ta Chan Securities Co's current ROCE % of 2.51% is 55.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chan Securities Co's current ROCE % is 2.51%. 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 Modestly Overvalued. The stock's GF Value™ is NT$17.47, compared to a current price of NT$22.85 — trading 30.8% above its estimated fair value. The current ROCE % is 2.51% and 55.7% below the Capital Markets industry median of 5.67. Ta Chan Securities Co's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ta Chan Securities Co (ROCO:6020), the current ROCE % is 2.51% 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 30.8% above its estimated GF Value™ of NT$17.47. GuruFocus considers Ta Chan Securities Co to be Modestly Overvalued.

Key valuation signals for ROCO:6020:

  • ROCE %: 2.51%
  • GF Value™: NT$17.47 vs. price of NT$22.85 (30.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 55.7% below the Capital Markets median

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 Business Description

Address No. 17, Section 1, Chengde Road, Datong District, 17th Floor, Taipei, TWN, 10351
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

Get the complete analysis for ROCO:6020

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

NT$22.85
Price
NT$17.47
GF Value