Tung Thih Electronic Co (ROCO:3552) ROC (Joel Greenblatt) %: 10.21% (As of Dec. 2025) — 13% Below Median

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ROCO:3552 Tung Thih Electronic Co Ltd ROCO:3552
64 GF Score
Price NT$47.80
GF Value NT$80.17
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Tung Thih Electronic Co ROC (Joel Greenblatt) %?

Tung Thih Electronic Co ROCO:3552 +3.46% 64 ROC (Joel Greenblatt) % is 10.21% as of Dec. 2025, which is 13% below its 10-year median of 11.69. GuruFocus rates ROCO:3552 with a GF Score™ of 64/100 and a GF Value™ of NT$80.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Tung Thih Electronic Co ranks worse than 71% 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. Tung Thih Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.21%.

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

ROCO:3552' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.09   Med: 11.69   Max: 39.69
Current: 4.73

During the past 13 years, Tung Thih Electronic Co's highest ROC (Joel Greenblatt) % was 39.69%. The lowest was -7.09%. And the median was 11.69%.

ROCO:3552's ROC (Joel Greenblatt) % is ranked worse than
71% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.03 vs ROCO:3552: 4.73

Tung Thih Electronic Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.80% per year.


Tung Thih Electronic Co  (ROCO:3552) 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.


Tung Thih Electronic Co ROC (Joel Greenblatt) % Related Terms


Tung Thih Electronic Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tung Thih Electronic 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.

Tung Thih Electronic Co ROC (Joel Greenblatt) % Chart

Tung Thih Electronic 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 18.48 22.87 26.16 7.48 4.73

Tung Thih Electronic Co 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 -0.91 2.06 1.60 4.90 10.21

ROCO:3552 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Tung Thih Electronic 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.


Tung Thih Electronic Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

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

* The bar in red indicates where Tung Thih Electronic Co's ROC (Joel Greenblatt) % falls into.


ROCO:3552
64GF Score
Tung Thih Electronic Co Ltd ROCO:3552
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tung Thih Electronic 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1890.121 + 1409.385 + 99.591999999999) - (2755.119 + 0 + 132.21)
=511.769

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2008.272 + 1409.614 + 127.262) - (2993.878 + 0 + 137.015)
=414.255

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tung Thih Electronic 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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=217.692/( ( (1622.31 + max(511.769, 0)) + (1718.025 + max(414.255, 0)) )/ 2 )
=217.692/( ( 2134.079 + 2132.28 )/ 2 )
=217.692/2133.1795
=10.21 %

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 10.21% mean?
Tung Thih Electronic Co (ROCO:3552) has a ROC (Joel Greenblatt) % of 10.21% 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 Tung Thih Electronic Co and its competitors. This is 13% below median its historical median of 11.69. According to the industry distribution chart, Tung Thih Electronic Co ranks #945 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 71%.
Is Tung Thih Electronic Co's ROC (Joel Greenblatt) % too high?
Tung Thih Electronic Co's current ROC (Joel Greenblatt) % of 10.21% is 13% below median its 10-year median of 11.69. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.03. Tung Thih Electronic Co's value of 10.21% is 15.1% below this industry median. Based on the distribution chart, Tung Thih Electronic Co ranks #945 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tung Thih Electronic Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tung Thih Electronic Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tung Thih Electronic Co ranks #945 out of 1331 companies for ROC (Joel Greenblatt) %. This places Tung Thih Electronic Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.03. Tung Thih Electronic Co's value of 10.21% is 15.1% below this benchmark. While the company's 10-year median is 11.69 vs. the industry median of 12.03, Tung Thih Electronic Co has consistently been below 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 12.03, based on 1,331 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. Tung Thih Electronic Co's current ROC (Joel Greenblatt) % of 10.21% is 15.1% below 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 Tung Thih Electronic Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Thih Electronic Co's current ROC (Joel Greenblatt) % is 10.21%, which is 13% below median its own 10-year median of 11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Thih Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Tung Thih Electronic Co (ROCO:3552) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$80.17, compared to a current price of NT$47.80 — trading 40.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.21%, which is 13% below median its 10-year median of 11.69 and 15.1% below the Vehicles & Parts industry median of 12.03. Tung Thih Electronic Co's overall GF Score™ is 64/100 with 5 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 Tung Thih Electronic Co (ROCO:3552), the current ROC (Joel Greenblatt) % is 10.21% 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 Tung Thih Electronic Co (ROCO:3552) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Thih Electronic Co stock appears to be undervalued. The current stock price of NT$47.80 is trading 40.4% below its estimated GF Value™ of NT$80.17. GuruFocus considers Tung Thih Electronic Co to be Significantly Undervalued.

Key valuation signals for ROCO:3552:

  • ROC (Joel Greenblatt) %: 10.21% (13% below median its 10-year median of 11.69)
  • GF Value™: NT$80.17 vs. price of NT$47.80 (40.4% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 15.1% below the Vehicles & Parts median (#945 of 1331)

No single metric tells the full story. See the ROCO:3552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Thih Electronic Co Business Description

Address Nanqing Road, No.9, Lane 1156, Luzhu District, Taoyuan, TWN, 338015
Tung Thih Electronic Co Ltd is a Taiwan-based automotive electronic products and components manufacturer. The company is engaged in manufacturing and marketing of ultrasonic parking assistance systems, vehicle anti-theft devices, car door lock actuators, interior rear mirror system with multiple functions, car video systems, wireless tire pressure monitor systems, Body Control Modules (BCM), vehicle electric peripherals, and others. It offers system enablers, ultrasonic systems, imaging systems, radar systems, and fusion systems. Geographically, the company operates in Taiwan, Asia, America, and Europe. It generates maximum revenue from Asia.
64GF Score

Get the complete analysis for ROCO:3552

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

NT$47.80
Price
NT$80.17
GF Value