Epoch Chemtronics (ROCO:3633) ROC (Joel Greenblatt) %: 97.27% (As of Dec. 2025) — 155% Above Median

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ROCO:3633 Epoch Chemtronics Corp ROCO:3633
67 GF Score
Price NT$119.00
GF Value NT$76.15
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Epoch Chemtronics ROC (Joel Greenblatt) %?

Epoch Chemtronics ROCO:3633 +4.85% 67 ROC (Joel Greenblatt) % is 97.27% as of Dec. 2025, which is 155% above its 10-year median of 38.13. GuruFocus rates ROCO:3633 with a GF Score™ of 67/100 and a GF Value™ of NT$76.15 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,491 Hardware companies, Epoch Chemtronics ranks better than 91.21% 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. Epoch Chemtronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 97.27%.

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

ROCO:3633' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.57   Med: 38.13   Max: 68.72
Current: 68.72

During the past 13 years, Epoch Chemtronics's highest ROC (Joel Greenblatt) % was 68.72%. The lowest was 20.57%. And the median was 38.13%.

ROCO:3633's ROC (Joel Greenblatt) % is ranked better than
91.21% of 2491 companies
in the Hardware industry
Industry Median: 10.49 vs ROCO:3633: 68.72

Epoch Chemtronics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.60% per year.


Epoch Chemtronics  (ROCO:3633) 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.


Epoch Chemtronics ROC (Joel Greenblatt) % Related Terms


Epoch Chemtronics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Epoch Chemtronics'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.

Epoch Chemtronics ROC (Joel Greenblatt) % Chart

Epoch Chemtronics 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 20.57 29.89 33.08 47.37 61.19

Epoch Chemtronics Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 40.11 46.80 57.91 54.17 97.27

ROCO:3633 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, Epoch Chemtronics'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.


Epoch Chemtronics ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Epoch Chemtronics's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Epoch Chemtronics's ROC (Joel Greenblatt) % falls into.


ROCO:3633
67GF Score
Epoch Chemtronics Corp ROCO:3633
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Epoch Chemtronics 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)
=(1733.732 + 277.63 + 46.677) - (1906.001 + 0 + 8.5710000000001)
=143.467

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1751.829 + 364.674 + 33.599) - (1904.364 + 0 + 9.0989999999999)
=236.639

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Epoch Chemtronics 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 )
=538.222/( ( (359.637 + max(143.467, 0)) + (366.933 + max(236.639, 0)) )/ 2 )
=538.222/( ( 503.104 + 603.572 )/ 2 )
=538.222/553.338
=97.27 %

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 97.27% mean?
Epoch Chemtronics (ROCO:3633) has a ROC (Joel Greenblatt) % of 97.27% 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 Epoch Chemtronics and its competitors. This is 155% above median its historical median of 38.13. Over the past decade, Epoch Chemtronics' ROC (Joel Greenblatt) % has ranged from 20.57 to 68.72. According to the industry distribution chart, Epoch Chemtronics ranks #219 out of 2491 companies in the Hardware industry, placing it in the top 8.8%.
Is Epoch Chemtronics' ROC (Joel Greenblatt) % too high?
Epoch Chemtronics' current ROC (Joel Greenblatt) % of 97.27% is 155% above median its 10-year median of 38.13. Over the past 10 years, this metric has ranged from a low of 20.57 to a high of 68.72. The Hardware industry median ROC (Joel Greenblatt) % is 10.49. Epoch Chemtronics' value of 97.27% is 827.3% above this industry median. Based on the distribution chart, Epoch Chemtronics ranks #219 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Epoch Chemtronics has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Epoch Chemtronics' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Epoch Chemtronics ranks #219 out of 2491 companies for ROC (Joel Greenblatt) %. This places Epoch Chemtronics in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.49. Epoch Chemtronics' value of 97.27% is 827.3% above this benchmark. Historically, Epoch Chemtronics' own ROC (Joel Greenblatt) % has ranged from 20.57 to 68.72 over the past decade. While the company's 10-year median is 38.13 vs. the industry median of 10.49, Epoch Chemtronics 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.49, based on 2,491 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. Epoch Chemtronics's current ROC (Joel Greenblatt) % of 97.27% is 827.3% 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 Epoch Chemtronics and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epoch Chemtronics's current ROC (Joel Greenblatt) % is 97.27%, which is 155% above median its own 10-year median of 38.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epoch Chemtronics stock overvalued right now?
Based on GuruFocus' analysis, Epoch Chemtronics (ROCO:3633) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$76.15, compared to a current price of NT$119.00 — trading 56.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 97.27%, which is 155% above median its 10-year median of 38.13 and 827.3% above the Hardware industry median of 10.49. Epoch Chemtronics' overall GF Score™ is 67/100 with 2 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 Epoch Chemtronics (ROCO:3633), the current ROC (Joel Greenblatt) % is 97.27% 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 Epoch Chemtronics (ROCO:3633) Overvalued in 2026?

Based on GuruFocus' analysis, Epoch Chemtronics stock appears to be overvalued. The current stock price of NT$119.00 is trading 56.3% above its estimated GF Value™ of NT$76.15. GuruFocus considers Epoch Chemtronics to be Significantly Overvalued.

Key valuation signals for ROCO:3633:

  • ROC (Joel Greenblatt) %: 97.27% (155% above median its 10-year median of 38.13)
  • GF Value™: NT$76.15 vs. price of NT$119.00 (56.3% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 827.3% above the Hardware median (#219 of 2491)

No single metric tells the full story. See the ROCO:3633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Epoch Chemtronics Business Description

Address Xintai Road, 5th Floor-1, No.35, Hsinchu County, Zhubei, TWN, 302
Epoch Chemtronics Corp is a Taiwan-based company. It designs and manufactures backlight modules, and LED lighting products. The company's products are widely used in mobile phones, digital cameras, car navigation systems, and other high-tech products.
67GF Score

Get the complete analysis for ROCO:3633

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

NT$119.00
Price
NT$76.15
GF Value