ALCPF (Alchip Technologies) ROC (Joel Greenblatt) %: 352.94% (As of Dec. 2025) — 267% Above Median


What is Alchip Technologies ROC (Joel Greenblatt) %?

Alchip Technologies ALCPF 96 ROC (Joel Greenblatt) % is 352.94% as of Dec. 2025, which is 267% above its 10-year median of 96.24. GuruFocus rates ALCPF with a GF Score™ of 96/100. The stock has 2 warning signs investors should review. Among 1,025 Semiconductors companies, Alchip Technologies ranks better than 97.46% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Alchip Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 352.94%.

The historical rank and industry rank for Alchip Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:

ALCPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.18   Med: 96.24   Max: 153.31
Current: 208.81

During the past 13 years, Alchip Technologies's highest ROC (Joel Greenblatt) % was 153.31%. The lowest was -19.18%. And the median was 96.24%.

ALCPF's ROC (Joel Greenblatt) % is ranked better than
97.46% of 1025 companies
in the Semiconductors industry
Industry Median: 8.19 vs ALCPF: 208.81

Alchip Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.40% per year.


Alchip Technologies  (OTCPK:ALCPF) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Alchip Technologies ROC (Joel Greenblatt) % Related Terms


Alchip Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Alchip Technologies's ROC (Joel Greenblatt) % 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.

Alchip Technologies ROC (Joel Greenblatt) % Chart

Alchip Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.59 63.91 98.63 147.58 142.49

Alchip Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % 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 83.46 136.01 305.39 342.52 352.94

ALCPF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Alchip Technologies's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Alchip Technologies ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Alchip Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Alchip Technologies's ROC (Joel Greenblatt) % falls into.



Alchip Technologies ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(93.877 + 54.2 + 50.85) - (69.93 + 0 + 312.678)
=-183.681

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.028 + 221.529 + 126.83) - (152.976 + 0 + 384.76)
=-93.349

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alchip Technologies for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=222.004/( ( (62.786 + max(-183.681, 0)) + (63.016 + max(-93.349, 0)) )/ 2 )
=222.004/( ( 62.786 + 63.016 )/ 2 )
=222.004/62.901
=352.94 %

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.

What does a ROC (Joel Greenblatt) % of 352.94% mean?
Alchip Technologies (ALCPF) has a ROC (Joel Greenblatt) % of 352.94% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alchip Technologies and its competitors. This is 267% above median its historical median of 96.24. According to the industry distribution chart, Alchip Technologies ranks #26 out of 1025 companies in the Semiconductors industry, placing it in the top 2.5%.
Is Alchip Technologies' ROC (Joel Greenblatt) % too high?
Alchip Technologies' current ROC (Joel Greenblatt) % of 352.94% is 267% above median its 10-year median of 96.24. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.19. Alchip Technologies' value of 352.94% is 4209.4% above this industry median. Based on the distribution chart, Alchip Technologies ranks #26 out of 1025 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Alchip Technologies has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Alchip Technologies' ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Alchip Technologies ranks #26 out of 1025 companies for ROC (Joel Greenblatt) %. This places Alchip Technologies in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.19. Alchip Technologies' value of 352.94% is 4209.4% above this benchmark. While the company's 10-year median is 96.24 vs. the industry median of 8.19, Alchip Technologies 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 ROC (Joel Greenblatt) % for a Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.19, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alchip Technologies's current ROC (Joel Greenblatt) % of 352.94% is 4209.4% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alchip Technologies and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alchip Technologies's current ROC (Joel Greenblatt) % is 352.94%, which is 267% above median its own 10-year median of 96.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alchip Technologies stock overvalued right now?
Alchip Technologies (ALCPF) has a current ROC (Joel Greenblatt) % of 352.94%. The current ROC (Joel Greenblatt) % is 352.94%, which is 267% above median its 10-year median of 96.24 and 4209.4% above the Semiconductors industry median of 8.19. Alchip Technologies' overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Alchip Technologies (ALCPF), the current ROC (Joel Greenblatt) % is 352.94% 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.

Alchip Technologies Business Description

Other Exchanges 3661:Taiwan
Address Wenhu Street, No.12, 9th floor, Neihu District, Taipei, TWN, 11445
Alchip Technologies Ltd is engaged in the research and development, design, and manufacture of fabless application-specific integrated circuits (ASIC) and system on a chip (SoC) and the rendering of related services. Its geographical segments are China, Japan, the United States, Europe, Taiwan, and Others, of which majority of its revenue comes from the United States.