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C-Tech UnitedROCO:3625 -0.30%37 ROC (Joel Greenblatt) % is 6.24% as of Mar. 2026. GuruFocus rates ROCO:3625 with a GF Score™ of 37/100 and a GF Value™ of NT$7.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,064 Industrial Products companies, C-Tech United ranks worse than 73.47% 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. C-Tech United's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.24%.
The historical rank and industry rank for C-Tech United's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:3625'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.02 Med: -3.48 Max: 16.07
Current: 2.32
During the past 13 years, C-Tech United's highest ROC (Joel Greenblatt) % was 16.07%. The lowest was -18.02%. And the median was -3.48%.
ROCO:3625's ROC (Joel Greenblatt) % is ranked worse than 73.47% of 3064
companies
in the Industrial Products industry
Industry Median: 11.805
vs ROCO:3625: 2.32
C-Tech United's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.50% per year.
C-Tech United (ROCO:3625) 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.
C-Tech United ROC (Joel Greenblatt) % Related Terms
C-Tech United ROC (Joel Greenblatt) % Historical Data
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The historical data trend for C-Tech United'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:3625 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, C-Tech United'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.
C-Tech United ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, C-Tech United's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where C-Tech United'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 6.24% mean?
C-Tech United (ROCO:3625) has a ROC (Joel Greenblatt) % of 6.24% 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 C-Tech United and its competitors. According to the industry distribution chart, C-Tech United ranks #2251 out of 3064 companies in the Industrial Products industry, placing it in the top 73.5%.
Is C-Tech United's ROC (Joel Greenblatt) % too high?
C-Tech United's current ROC (Joel Greenblatt) % is 6.24%. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. C-Tech United's value of 6.24% is 47.1% below this industry median. Based on the distribution chart, C-Tech United ranks #2251 out of 3064 companies in the Industrial Products industry, which is below the industry midpoint. Overall, C-Tech United has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does C-Tech United's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, C-Tech United ranks #2251 out of 3064 companies for ROC (Joel Greenblatt) %. This places C-Tech United in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.81. C-Tech United's value of 6.24% is 47.1% below this benchmark. 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. C-Tech United's current ROC (Joel Greenblatt) % of 6.24% is 47.1% 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 C-Tech United 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. C-Tech United's current ROC (Joel Greenblatt) % is 6.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Tech United stock overvalued right now?
Based on GuruFocus' analysis, C-Tech United (ROCO:3625) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.68, compared to a current price of NT$16.75 — trading 118.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.24% and 47.1% below the Industrial Products industry median of 11.81. C-Tech United's overall GF Score™ is 37/100 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 C-Tech United (ROCO:3625), the current ROC (Joel Greenblatt) % is 6.24% 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 C-Tech United (ROCO:3625) Overvalued in 2026?
Based on GuruFocus' analysis, C-Tech United stock appears to be overvalued.
The current stock price of NT$16.75 is trading 118.1% above its estimated GF Value™ of NT$7.68.
GuruFocus considers C-Tech United to be Significantly Overvalued.
Key valuation signals for ROCO:3625:
ROC (Joel Greenblatt) %: 6.24%
GF Value™: NT$7.68 vs. price of NT$16.75 (118.1% above fair value)
Industry Position: 47.1% below the Industrial Products median (#2251 of 3064)
No single metric tells the full story. See the ROCO:3625 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
C-Tech United Corp main business items are the manufacturing and processing of battery modules, the development and manufacturing of electronic components, and the sales of houses and buildings. The Company is a designer and manufacturer of lithium-ion and lithium polymer battery modules, with clients including LG, HP, Dell, Acer, Schneider, and SRAM. Its product range includes battery modules for e-mobility, backup power systems (BPS), electric vehicles, 3C/IT devices, and energy storage systems (ESS). The Company operates in Korea, Taiwan, and other regions, with the majority of its revenue coming from Korea.
37GF Score
Get the complete analysis for ROCO:3625
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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