The physical-layer security of a quantum-noise randomized cipher (QNRC) system is, for the first time, quantitatively evaluated with secrecy capacity employed as the performance metric. Considering quantum noise as a channel advantage for legitimate parties over eavesdroppers, the specific wire-tap models for both channels of the key and data are built with channel outputs yielded by quantum heterodyne measurement; the general expressions of secrecy capacities for both channels are derived, where the matching codes are proved to be uniformly distributed. The maximal achievable secrecy rate of the system is proposed, under which secrecy of both the key and data is guaranteed. The influences of various system parameters on secrecy capacities are assessed in detail. The results indicate that QNRC combined with proper channel codes is a promising framework of secure communication for long distance with high speed, which can be orders of magnitude higher than the perfect secrecy rates of other encryption systems. Even if the eavesdropper intercepts more signal power than the legitimate receiver, secure communication (up to Gb/s) can still be achievable. Moreover, the secrecy of running key is found to be the main constraint to the systemic maximal secrecy rate.