President Securities (TPE:2855) ROE %: 22.50% (As of Dec. 2025) — 123% Above Median

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TPE:2855 President Securities Corp TPE:2855
77 GF Score
Price NT$46.35
GF Value NT$26.08
Valuation Significantly Overvalued
! 10 Warning Signs
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What is President Securities ROE %?

President Securities TPE:2855 -1.17% 77 ROE % is 22.50% as of Dec. 2025, which is 123% above its 10-year median of 10.07. GuruFocus rates TPE:2855 with a GF Score™ of 77/100 and a GF Value™ of NT$26.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 792 Capital Markets companies, President Securities ranks better than 69.44% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. President Securities's annualized net income for the quarter that ended in Dec. 2025 was NT$8,550 Mil. President Securities's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$38,003 Mil. Therefore, President Securities's annualized ROE % for the quarter that ended in Dec. 2025 was 22.50%.

The historical rank and industry rank for President Securities's ROE % or its related term are showing as below:

TPE:2855' s ROE % Range Over the Past 10 Years
Min: 2.38   Med: 10.07   Max: 13.29
Current: 13.29

During the past 13 years, President Securities's highest ROE % was 13.29%. The lowest was 2.38%. And the median was 10.07%.

TPE:2855's ROE % is ranked better than
69.44% of 792 companies
in the Capital Markets industry
Industry Median: 6.035 vs TPE:2855: 13.29

President Securities  (TPE:2855) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=8549.672/38003.0165
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8549.672 / 22168.604)*(22168.604 / 232424.897)*(232424.897 / 38003.0165)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.57 %*0.0954*6.116
=ROA %*Equity Multiplier
=3.68 %*6.116
=22.50 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=8549.672/38003.0165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8549.672 / 8994.732) * (8994.732 / 11912.02) * (11912.02 / 22168.604) * (22168.604 / 232424.897) * (232424.897 / 38003.0165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9505 * 0.7551 * 53.73 % * 0.0954 * 6.116
=22.50 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


President Securities ROE % Related Terms


President Securities ROE % Historical Data

* Premium members only.

The historical data trend for President Securities's ROE % 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.

President Securities ROE % Chart

President Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.12 2.38 9.32 12.99 12.88

President Securities Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROE % 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 8.77 -0.76 6.77 24.25 22.50

TPE:2855 vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, President Securities's ROE %, along with its competitors' market caps and ROE % 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.


President Securities ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, President Securities's ROE % distribution charts can be found below:

* The bar in red indicates where President Securities's ROE % falls into.


TPE:2855
77GF Score
President Securities Corp TPE:2855
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

President Securities ROE % Calculation

President Securities's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=4804.426/( (35288.905+39302.618)/ 2 )
=4804.426/37295.7615
=12.88 %

President Securities's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=8549.672/( (36703.415+39302.618)/ 2 )
=8549.672/38003.0165
=22.50 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 22.50% mean?
President Securities (TPE:2855) has a ROE % of 22.50% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on President Securities and its competitors. This is 123% above median its historical median of 10.07. Over the past decade, President Securities' ROE % has ranged from 2.38 to 13.29. According to the industry distribution chart, President Securities ranks #242 out of 792 companies in the Capital Markets industry, placing it in the top 30.6%.
Is President Securities' ROE % too high?
President Securities' current ROE % of 22.50% is 123% above median its 10-year median of 10.07. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 13.29. The Capital Markets industry median ROE % is 6.04. President Securities' value of 22.50% is 272.8% above this industry median. Based on the distribution chart, President Securities ranks #242 out of 792 companies in the Capital Markets industry, which is above the industry midpoint. Overall, President Securities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does President Securities' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, President Securities ranks #242 out of 792 companies for ROE %. This puts President Securities in the upper half of its industry. The industry median ROE % is 6.04. President Securities' value of 22.50% is 272.8% above this benchmark. Historically, President Securities' own ROE % has ranged from 2.38 to 13.29 over the past decade. While the company's 10-year median is 10.07 vs. the industry median of 6.04, President Securities 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.04, based on 792 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. President Securities's current ROE % of 22.50% is 272.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on President Securities and its competitors. For the Capital Markets industry, the median ROE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Securities's current ROE % is 22.50%, which is 123% above median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Securities stock overvalued right now?
Based on GuruFocus' analysis, President Securities (TPE:2855) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.08, compared to a current price of NT$46.35 — trading 77.7% above its estimated fair value. The current ROE % is 22.50%, which is 123% above median its 10-year median of 10.07 and 272.8% above the Capital Markets industry median of 6.04. President Securities' overall GF Score™ is 77/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For President Securities (TPE:2855), the current ROE % is 22.50% 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 President Securities (TPE:2855) Overvalued in 2026?

Based on GuruFocus' analysis, President Securities stock appears to be overvalued. The current stock price of NT$46.35 is trading 77.7% above its estimated GF Value™ of NT$26.08. GuruFocus considers President Securities to be Significantly Overvalued.

Key valuation signals for TPE:2855:

  • ROE %: 22.50% (123% above median its 10-year median of 10.07)
  • GF Value™: NT$26.08 vs. price of NT$46.35 (77.7% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 272.8% above the Capital Markets median (#242 of 792)

No single metric tells the full story. See the TPE:2855 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


President Securities Business Description

Address No.8, Dongxing Road, 1st Floor, Songshan District, Taipei, TWN, 105
President Securities Corp engaged in underwriting of securities, dealing or brokerage business of securities at the securities exchange markets and business premises, registration and transfer agency service for securities, margin loans and short sales business of securities, securities lending and borrowing business, futures introducing brokerage services, futures dealing, issuance of call (put) warrants, wealth management business, and trust business. Its operating segments include Brokerage, Proprietary Trading, Financial Instrument, and Reinvestment segments, with the Brokerage segment generating maximum revenue from consigned trading of the listed securities, margin trading, and short sale, assistance in futures trading, and other instruments trading, as approved by the regulations.
77GF Score

Get the complete analysis for TPE:2855

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

NT$46.35
Price
NT$26.08
GF Value