Young Shine Electric Co (ROCO:2249) ROC (Joel Greenblatt) %: 60.64% (As of Dec. 2025) — 146% Above Median

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ROCO:2249 Young Shine Electric Co Ltd ROCO:2249
93 GF Score
Price NT$106.00
GF Value NT$87.44
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Young Shine Electric Co ROC (Joel Greenblatt) %?

Young Shine Electric Co ROCO:2249 -0.93% 93 ROC (Joel Greenblatt) % is 60.64% as of Dec. 2025, which is 146% above its 10-year median of 24.61. GuruFocus rates ROCO:2249 with a GF Score™ of 93/100 and a GF Value™ of NT$87.44 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,332 Vehicles & Parts companies, Young Shine Electric Co ranks better than 95.5% 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. Young Shine Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 60.64%.

The historical rank and industry rank for Young Shine Electric Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:2249' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.21   Med: 24.61   Max: 93.02
Current: 66.29

During the past 10 years, Young Shine Electric Co's highest ROC (Joel Greenblatt) % was 93.02%. The lowest was 8.21%. And the median was 24.61%.

ROCO:2249's ROC (Joel Greenblatt) % is ranked better than
95.5% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs ROCO:2249: 66.29

Young Shine Electric Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 35.90% per year.


Young Shine Electric Co  (ROCO:2249) 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.


Young Shine Electric Co ROC (Joel Greenblatt) % Related Terms


Young Shine Electric Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Young Shine Electric Co'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.

Young Shine Electric Co ROC (Joel Greenblatt) % Chart

Young Shine Electric Co 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 16.50 25.91 49.98 93.02 61.92

Young Shine Electric Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 38.25 107.92 67.72 77.81 60.64

ROCO:2249 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Young Shine Electric Co'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.


Young Shine Electric Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Young Shine Electric Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Young Shine Electric Co's ROC (Joel Greenblatt) % falls into.


ROCO:2249
93GF Score
Young Shine Electric Co Ltd ROCO:2249
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Young Shine Electric Co 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)
=(439.182 + 396.775 + 1.4279999999999) - (553.909 + 0 + 2.778)
=280.698

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(636.187 + 486.184 + 5.2520000000002) - (629.807 + 0 + 1.319)
=496.497

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Young Shine Electric Co 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 )
=355.91/( ( (212.56 + max(280.698, 0)) + (184.172 + max(496.497, 0)) )/ 2 )
=355.91/( ( 493.258 + 680.669 )/ 2 )
=355.91/586.9635
=60.64 %

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 60.64% mean?
Young Shine Electric Co (ROCO:2249) has a ROC (Joel Greenblatt) % of 60.64% 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 Young Shine Electric Co and its competitors. This is 146% above median its historical median of 24.61. Over the past decade, Young Shine Electric Co's ROC (Joel Greenblatt) % has ranged from 8.21 to 93.02. According to the industry distribution chart, Young Shine Electric Co ranks #60 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 4.5%.
Is Young Shine Electric Co's ROC (Joel Greenblatt) % too high?
Young Shine Electric Co's current ROC (Joel Greenblatt) % of 60.64% is 146% above median its 10-year median of 24.61. Over the past 10 years, this metric has ranged from a low of 8.21 to a high of 93.02. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Young Shine Electric Co's value of 60.64% is 404.5% above this industry median. Based on the distribution chart, Young Shine Electric Co ranks #60 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Young Shine Electric Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Young Shine Electric Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Young Shine Electric Co ranks #60 out of 1332 companies for ROC (Joel Greenblatt) %. This places Young Shine Electric Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.02. Young Shine Electric Co's value of 60.64% is 404.5% above this benchmark. Historically, Young Shine Electric Co's own ROC (Joel Greenblatt) % has ranged from 8.21 to 93.02 over the past decade. While the company's 10-year median is 24.61 vs. the industry median of 12.02, Young Shine Electric Co 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. Young Shine Electric Co's current ROC (Joel Greenblatt) % of 60.64% is 404.5% 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 Young Shine Electric Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Young Shine Electric Co's current ROC (Joel Greenblatt) % is 60.64%, which is 146% above median its own 10-year median of 24.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Young Shine Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Young Shine Electric Co (ROCO:2249) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$87.44, compared to a current price of NT$106.00 — trading 21.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 60.64%, which is 146% above median its 10-year median of 24.61 and 404.5% above the Vehicles & Parts industry median of 12.02. Young Shine Electric Co's overall GF Score™ is 93/100 with 1 warning sign 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 Young Shine Electric Co (ROCO:2249), the current ROC (Joel Greenblatt) % is 60.64% 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 Young Shine Electric Co (ROCO:2249) Overvalued in 2026?

Based on GuruFocus' analysis, Young Shine Electric Co stock appears to be overvalued. The current stock price of NT$106.00 is trading 21.2% above its estimated GF Value™ of NT$87.44. GuruFocus considers Young Shine Electric Co to be Modestly Overvalued.

Key valuation signals for ROCO:2249:

  • ROC (Joel Greenblatt) %: 60.64% (146% above median its 10-year median of 24.61)
  • GF Value™: NT$87.44 vs. price of NT$106.00 (21.2% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 404.5% above the Vehicles & Parts median (#60 of 1332)

No single metric tells the full story. See the ROCO:2249 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Young Shine Electric Co Business Description

Address No.5, Huanqu 4th Road, Qianzhen District, Kaohsiung Processing Export Zone, Kaohsiung, TWN, 806
Young Shine Electric Co Ltd is engaged in distributing automotive air-conditioning components. The company's main business projects include the manufacturing, sales, and technical services of automobile air-conditioning compressors, heat exchangers, clutches, and automobile water tanks.
93GF Score

Get the complete analysis for ROCO:2249

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

NT$106.00
Price
NT$87.44
GF Value