Good Finance Securities Co (ROCO:6021) 3-Year RORE % : 136.04% (As of Mar. 2026)

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ROCO:6021 Good Finance Securities Co Ltd ROCO:6021
64 GF Score
Price NT$38.45
GF Value NT$28.56
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Good Finance Securities Co 3-Year RORE %?

Good Finance Securities Co ROCO:6021 +5.78% 64 3-Year RORE % is 136.04 as of Mar. 2026. GuruFocus rates ROCO:6021 with a GF Score™ of 64/100 and a GF Value™ of NT$28.56 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 766 Capital Markets companies, Good Finance Securities Co ranks better than 92.43% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Good Finance Securities Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 136.04%.

The industry rank for Good Finance Securities Co's 3-Year RORE % or its related term are showing as below:

ROCO:6021's 3-Year RORE % is ranked better than
92.43% of 766 companies
in the Capital Markets industry
Industry Median: 15.165 vs ROCO:6021: 136.04

Good Finance Securities Co  (ROCO:6021) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Good Finance Securities Co 3-Year RORE % Related Terms


Good Finance Securities Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Good Finance Securities Co's 3-Year RORE % 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 3-Year RORE % Chart

Good Finance Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.07 -11.69 -56.45 176.06 139.75

Good Finance Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 103.85 33.33 256.52 139.75 136.04

ROCO:6021 vs MS, GS, SCHW: 3-Year RORE % Comparison

For the Capital Markets subindustry, Good Finance Securities Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Good Finance Securities Co 3-Year RORE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Good Finance Securities Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Good Finance Securities Co's 3-Year RORE % falls into.


ROCO:6021
64GF Score
Good Finance Securities Co Ltd ROCO:6021
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Finance Securities Co 3-Year RORE % Calculation

Good Finance Securities Co's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 5.71-1.18 )/( 6.37-3.04 )
=4.53/3.33
=136.04 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 136.04 mean?
Good Finance Securities Co (ROCO:6021) has a 3-Year RORE % of 136.04 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Good Finance Securities Co and its competitors. According to the industry distribution chart, Good Finance Securities Co ranks #58 out of 766 companies in the Capital Markets industry, placing it in the top 7.6%.
Is Good Finance Securities Co's 3-Year RORE % too high?
Good Finance Securities Co's current 3-Year RORE % is 136.04. The Capital Markets industry median 3-Year RORE % is 15.17. Good Finance Securities Co's value of 136.04 is 797.1% above this industry median. Based on the distribution chart, Good Finance Securities Co ranks #58 out of 766 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. 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 3-Year RORE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Good Finance Securities Co ranks #58 out of 766 companies for 3-Year RORE %. This places Good Finance Securities Co in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 15.17. Good Finance Securities Co's value of 136.04 is 797.1% 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 3-Year RORE % for a Capital Markets company?
The median 3-Year RORE % among Capital Markets companies is 15.17, based on 766 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Good Finance Securities Co's current 3-Year RORE % of 136.04 is 797.1% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Good Finance Securities Co and its competitors. For the Capital Markets industry, the median 3-Year RORE % is 15.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Finance Securities Co's current 3-Year RORE % is 136.04. 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$28.56, compared to a current price of NT$38.45 — trading 34.6% above its estimated fair value. The current 3-Year RORE % is 136.04 and 797.1% above the Capital Markets industry median of 15.17. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Good Finance Securities Co (ROCO:6021), the current 3-Year RORE % is 136.04 as of Mar. 2026. 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$38.45 is trading 34.6% above its estimated GF Value™ of NT$28.56. GuruFocus considers Good Finance Securities Co to be Significantly Overvalued.

Key valuation signals for ROCO:6021:

  • 3-Year RORE %: 136.04
  • GF Value™: NT$28.56 vs. price of NT$38.45 (34.6% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 797.1% above the Capital Markets median (#58 of 766)

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

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

NT$38.45
Price
NT$28.56
GF Value