Time Interconnect Technology (FRA:M4D) ROC (Joel Greenblatt) %: 29.85% (As of Dec. 2025) — 35% Above Median

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FRA:M4D Time Interconnect Technology Ltd FRA:M4D
56 GF Score
Price €1.65
GF Value €0.84
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Time Interconnect Technology ROC (Joel Greenblatt) %?

Time Interconnect Technology FRA:M4D -0.60% 56 ROC (Joel Greenblatt) % is 29.85% as of Dec. 2025, which is 35% above its 10-year median of 22.10. GuruFocus rates FRA:M4D with a GF Score™ of 56/100 and a GF Value™ of €0.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,064 Industrial Products companies, Time Interconnect Technology ranks better than 76.83% 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. Time Interconnect Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.85%.

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

FRA:M4D' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.94   Med: 22.1   Max: 92.72
Current: 29

During the past 11 years, Time Interconnect Technology's highest ROC (Joel Greenblatt) % was 92.72%. The lowest was 9.94%. And the median was 22.10%.

FRA:M4D's ROC (Joel Greenblatt) % is ranked better than
76.83% of 3064 companies
in the Industrial Products industry
Industry Median: 11.81 vs FRA:M4D: 29.00

Time Interconnect Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.90% per year.


Time Interconnect Technology  (FRA:M4D) 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.


Time Interconnect Technology ROC (Joel Greenblatt) % Related Terms


Time Interconnect Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Time Interconnect Technology'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.

Time Interconnect Technology ROC (Joel Greenblatt) % Chart

Time Interconnect Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.60 14.66 10.02 18.70 28.78

Time Interconnect Technology Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 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 10.98 16.02 23.78 25.48 29.85

FRA:M4D vs VRT, BE: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Time Interconnect Technology'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.


Time Interconnect Technology ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Time Interconnect Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Time Interconnect Technology's ROC (Joel Greenblatt) % falls into.


FRA:M4D
56GF Score
Time Interconnect Technology Ltd FRA:M4D
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Time Interconnect Technology 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(266.616 + 360.168 + 71.79) - (391.315 + 0 + 16.796)
=290.463

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(302.571 + 254.683 + 121.135) - (406.352 + 0 + 26.17)
=245.867

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Time Interconnect Technology 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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=124.802/( ( (110.639 + max(290.463, 0)) + (189.2 + max(245.867, 0)) )/ 2 )
=124.802/( ( 401.102 + 435.067 )/ 2 )
=124.802/418.0845
=29.85 %

Note: The EBIT data used here is two times the semi-annual (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 29.85% mean?
Time Interconnect Technology (FRA:M4D) has a ROC (Joel Greenblatt) % of 29.85% 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 Time Interconnect Technology and its competitors. This is 35% above median its historical median of 22.10. Over the past decade, Time Interconnect Technology's ROC (Joel Greenblatt) % has ranged from 9.94 to 92.72. According to the industry distribution chart, Time Interconnect Technology ranks #710 out of 3064 companies in the Industrial Products industry, placing it in the top 23.2%.
Is Time Interconnect Technology's ROC (Joel Greenblatt) % too high?
Time Interconnect Technology's current ROC (Joel Greenblatt) % of 29.85% is 35% above median its 10-year median of 22.10. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 92.72. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. Time Interconnect Technology's value of 29.85% is 152.8% above this industry median. Based on the distribution chart, Time Interconnect Technology ranks #710 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Time Interconnect Technology has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Time Interconnect Technology's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Time Interconnect Technology ranks #710 out of 3064 companies for ROC (Joel Greenblatt) %. This places Time Interconnect Technology in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.81. Time Interconnect Technology's value of 29.85% is 152.8% above this benchmark. Historically, Time Interconnect Technology's own ROC (Joel Greenblatt) % has ranged from 9.94 to 92.72 over the past decade. While the company's 10-year median is 22.10 vs. the industry median of 11.81, Time Interconnect Technology 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.81, based on 3,064 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. Time Interconnect Technology's current ROC (Joel Greenblatt) % of 29.85% is 152.8% 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 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 Time Interconnect Technology and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Interconnect Technology's current ROC (Joel Greenblatt) % is 29.85%, which is 35% above median its own 10-year median of 22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Interconnect Technology stock overvalued right now?
Based on GuruFocus' analysis, Time Interconnect Technology (FRA:M4D) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.84, compared to a current price of €1.65 — trading 96.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.85%, which is 35% above median its 10-year median of 22.10 and 152.8% above the Industrial Products industry median of 11.81. Time Interconnect Technology's overall GF Score™ is 56/100 with 4 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 Time Interconnect Technology (FRA:M4D), the current ROC (Joel Greenblatt) % is 29.85% 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 Time Interconnect Technology (FRA:M4D) Overvalued in 2026?

Based on GuruFocus' analysis, Time Interconnect Technology stock appears to be overvalued. The current stock price of €1.65 is trading 96.4% above its estimated GF Value™ of €0.84. GuruFocus considers Time Interconnect Technology to be Significantly Overvalued.

Key valuation signals for FRA:M4D:

  • ROC (Joel Greenblatt) %: 29.85% (35% above median its 10-year median of 22.10)
  • GF Value™: €0.84 vs. price of €1.65 (96.4% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 152.8% above the Industrial Products median (#710 of 3064)

No single metric tells the full story. See the FRA:M4D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Time Interconnect Technology Business Description

Other Exchanges 01729:Hong Kong
Address 5 Science Park East Avenue, Units 213-221, 2nd Floor, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG
Time Interconnect Technology Ltd is an investment holding company. The Group currently manufactures and supplies a wide variety of copper & optical fiber cable assemblies, digital cable products, copper wire products, medical products, and servers, which are produced to the specifications and designs of its individual customer partners. The firm is organized into its four operating divisions: Cable assembly, Digital cables, Copper wire, and Server. The company generates revenue from the Server segment, which includes the manufacturing and trading of server products. Its geographic areas are Mainland China, America, Asia, Europe, and Others. The company serves Telecommunication, Data Center, Automotive, Medical equipment, and Industrial equipment sectors.
56GF Score

Get the complete analysis for FRA:M4D

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.65
Price
€0.84
GF Value