Good Finance Securities Co (ROCO:6021) ROCE %: 15.35% (As of Dec. 2025)

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ROCO:6021 Good Finance Securities Co Ltd ROCO:6021
64 GF Score
Price NT$37.95
GF Value NT$24.56
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Good Finance Securities Co ROCE %?

Good Finance Securities Co ROCO:6021 -1.68% 64 ROCE % is 15.35% as of Dec. 2025. GuruFocus rates ROCO:6021 with a GF Score™ of 64/100 and a GF Value™ of NT$24.56 (Significantly Overvalued). The stock has 9 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. Good Finance Securities Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 15.35%.

Good Finance Securities Co  (ROCO:6021) 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.

Good Finance Securities Co ROCE % Related Terms

Good Finance Securities Co ROCE % Historical Data

* Premium members only.

The historical data trend for Good Finance 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.

Good Finance Securities Co ROCE % Chart

Good Finance 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 6.06 0.93 2.23 6.98 12.12

Good Finance 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 6.17 -13.93 9.68 35.72 15.35
ROCO:6021
64GF Score
Good Finance Securities Co Ltd ROCO:6021
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Finance Securities Co ROCE % Calculation

Good Finance 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 )
=1384.885/( ( (23493.294 - 13434.942) + (32571.559 - 19782.259) )/ 2 )
=1384.885/( (10058.352+12789.3)/ 2 )
=1384.885/11423.826
=12.12 %

Good Finance 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 )
=1929.1/( ( (30790.71 - 18447.546) + (32571.559 - 19782.259) )/ 2 )
=1929.1/( ( 12343.164 + 12789.3 )/ 2 )
=1929.1/12566.232
=15.35 %

(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 15.35% mean?
Good Finance Securities Co (ROCO:6021) has a ROCE % of 15.35% as of Dec. 2025.
Is Good Finance Securities Co's ROCE % too high?
Good Finance Securities Co's current ROCE % is 15.35%. The Capital Markets industry median ROCE % is 5.67. Good Finance Securities Co's value of 15.35% is 170.7% above this industry median. Overall, Good Finance Securities Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Finance Securities Co's ROCE % compare to MS and GS?
Good Finance Securities Co's ROCE % of 15.35% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.67. Good Finance Securities Co's value of 15.35% is 170.7% above 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 690 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. Good Finance Securities Co's current ROCE % of 15.35% is 170.7% 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 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. Good Finance Securities Co's current ROCE % is 15.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Finance Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Good Finance Securities Co (ROCO:6021) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.56, compared to a current price of NT$37.95 — trading 54.5% above its estimated fair value. The current ROCE % is 15.35% and 170.7% above the Capital Markets industry median of 5.67. Good Finance Securities Co's overall GF Score™ is 64/100 with 9 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 Good Finance Securities Co (ROCO:6021), the current ROCE % is 15.35% 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 Good Finance Securities Co (ROCO:6021) Overvalued in 2026?

Based on GuruFocus' analysis, Good Finance Securities Co stock appears to be overvalued. The current stock price of NT$37.95 is trading 54.5% above its estimated GF Value™ of NT$24.56. GuruFocus considers Good Finance Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:6021:

  • ROCE %: 15.35%
  • GF Value™: NT$24.56 vs. price of NT$37.95 (54.5% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 170.7% above the Capital Markets median

No single metric tells the full story. See the ROCO:6021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Good Finance Securities Co Business Description

Address Minsheng East Road, Section 2, 4th Floor, No. 174 and No. 176, Taipei, TWN
Good Finance Securities Co Ltd is a security company. The company operates its businesses through security brokerage, proprietary business, and underwriting, and hedging business. The company provides its services to individuals and corporate clients. The reportable segments of the Group are Client partner segment, Investment segment, Investment bank segment, Futures segment and others. Majority of revenue is generated from Investment segment. Investment segment is responsible for securities dealing, bonds dealing, trading of financial instruments relating to interest rate and bills and bonds under repurchase or resale agreements followed by Client partner segment, Futures segment, and Investment bank segment.
64GF Score

Get the complete analysis for ROCO:6021

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

NT$37.95
Price
NT$24.56
GF Value