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Ultra ChipROCO:3141 +7.14%65 ROC (Joel Greenblatt) % is 22.10% as of Mar. 2026, which is 29% below its 10-year median of 31.03. GuruFocus rates ROCO:3141 with a GF Score™ of 65/100 and a GF Value™ of NT$68.28 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,027 Semiconductors companies, Ultra Chip ranks worse than 54.72% 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. Ultra Chip's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.10%.
The historical rank and industry rank for Ultra Chip's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:3141'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.99 Med: 31.03 Max: 109.49
Current: 6.29
During the past 13 years, Ultra Chip's highest ROC (Joel Greenblatt) % was 109.49%. The lowest was 3.99%. And the median was 31.03%.
ROCO:3141's ROC (Joel Greenblatt) % is ranked worse than 54.72% of 1027
companies
in the Semiconductors industry
Industry Median: 8.5
vs ROCO:3141: 6.29
Ultra Chip's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -43.00% per year.
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.
Ultra Chip ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ultra Chip'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.
ROCO:3141 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Ultra Chip'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.
Ultra Chip ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Chip's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ultra Chip's ROC (Joel Greenblatt) % falls into.
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:
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.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) 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 22.10% mean?
Ultra Chip (ROCO:3141) has a ROC (Joel Greenblatt) % of 22.10% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ultra Chip and its competitors. This is 29% below median its historical median of 31.03. Over the past decade, Ultra Chip's ROC (Joel Greenblatt) % has ranged from 3.99 to 109.49. According to the industry distribution chart, Ultra Chip ranks #562 out of 1027 companies in the Semiconductors industry, placing it in the top 54.7%.
Is Ultra Chip's ROC (Joel Greenblatt) % too high?
Ultra Chip's current ROC (Joel Greenblatt) % of 22.10% is 29% below median its 10-year median of 31.03. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 109.49. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.50. Ultra Chip's value of 22.10% is 160% above this industry median. Based on the distribution chart, Ultra Chip ranks #562 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Ultra Chip has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultra Chip's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ultra Chip ranks #562 out of 1027 companies for ROC (Joel Greenblatt) %. This places Ultra Chip in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.50. Ultra Chip's value of 22.10% is 160% above this benchmark. Historically, Ultra Chip's own ROC (Joel Greenblatt) % has ranged from 3.99 to 109.49 over the past decade. While the company's 10-year median is 31.03 vs. the industry median of 8.50, Ultra Chip 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 8.50, based on 1,027 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. Ultra Chip's current ROC (Joel Greenblatt) % of 22.10% is 160% 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 Ultra Chip and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Chip's current ROC (Joel Greenblatt) % is 22.10%, which is 29% below median its own 10-year median of 31.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Chip stock overvalued right now?
Based on GuruFocus' analysis, Ultra Chip (ROCO:3141) is currently considered Fairly Valued. The stock's GF Value™ is NT$68.28, compared to a current price of NT$70.50 — trading 3.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.10%, which is 29% below median its 10-year median of 31.03 and 160% above the Semiconductors industry median of 8.50. Ultra Chip's overall GF Score™ is 65/100 with 7 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 Ultra Chip (ROCO:3141), the current ROC (Joel Greenblatt) % is 22.10% 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 Ultra Chip (ROCO:3141) Overvalued in 2026?
Based on GuruFocus' analysis, Ultra Chip stock appears to be overvalued.
The current stock price of NT$70.50 is trading 3.3% above its estimated GF Value™ of NT$68.28.
GuruFocus considers Ultra Chip to be Fairly Valued.
Key valuation signals for ROCO:3141:
ROC (Joel Greenblatt) %: 22.10% (29% below median its 10-year median of 31.03)
GF Value™: NT$68.28 vs. price of NT$70.50 (3.3% above fair value)
Industry Position: 160% above the Semiconductors median (#562 of 1027)
No single metric tells the full story. See the ROCO:3141 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultra Chip Inc is engaged in the design and sale of mobile display driver IC products. Its products include professional display, bistable display, and Motor IC. The revenue of the group mainly comes from the design sales and business of liquid crystal display product driver IC. Geographically, it operates in Aisa, Europe, and Others with majority of revenue deriving from Asia region.
65GF Score
Get the complete analysis for ROCO:3141
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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