Taiwan Secom Co (TPE:9917) ROCE %: 17.70% (As of Dec. 2025)


TPE:9917 Taiwan Secom Co Ltd TPE:9917
90 GF Score
Price NT$105.50
GF Value NT$139.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Taiwan Secom Co ROCE %?

Taiwan Secom Co TPE:9917 -2.31% 90 ROCE % is 17.70% as of Dec. 2025. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.14 (Modestly Undervalued). The stock has 4 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. Taiwan Secom Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 17.70%.

Taiwan Secom Co  (TPE:9917) 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.

Taiwan Secom Co ROCE % Related Terms

Taiwan Secom Co ROCE % Historical Data

* Premium members only.

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co ROCE % Chart

Taiwan Secom 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 18.91 18.95 18.39 18.49 17.98

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
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 18.83 17.81 18.23 18.80 17.70
TPE:9917
90GF Score
Taiwan Secom Co Ltd TPE:9917
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Secom Co ROCE % Calculation

Taiwan Secom 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 )
=3815.776/( ( (28264.887 - 7846.521) + (30862.301 - 8833.35) )/ 2 )
=3815.776/( (20418.366+22028.951)/ 2 )
=3815.776/21223.6585
=17.98 %

Taiwan Secom 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 )
=3863.124/( ( (29771.448 - 8138.43) + (30862.301 - 8833.35) )/ 2 )
=3863.124/( ( 21633.018 + 22028.951 )/ 2 )
=3863.124/21830.9845
=17.70 %

(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 17.70% mean?
Taiwan Secom Co (TPE:9917) has a ROCE % of 17.70% as of Dec. 2025.
Is Taiwan Secom Co's ROCE % too high?
Taiwan Secom Co's current ROCE % is 17.70%. The Business Services industry median ROCE % is 8.88. Taiwan Secom Co's value of 17.70% is 99.3% above this industry median. 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 ROCE % compare to ALLE and MSA?
Taiwan Secom Co's ROCE % of 17.70% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. Taiwan Secom Co's value of 17.70% is 99.3% 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 Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 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. Taiwan Secom Co's current ROCE % of 17.70% is 99.3% 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current ROCE % is 17.70%. 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 ROCE % is 17.70% and 99.3% above the Business Services industry median of 8.88. Taiwan Secom Co's overall GF Score™ is 90/100 with 4 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 Taiwan Secom Co (TPE:9917), the current ROCE % is 17.70% 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:

  • ROCE %: 17.70%
  • GF Value™: NT$139.14 vs. price of NT$105.50 (24.2% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 99.3% above the Business Services median

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

ROCE % 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