Vanguard International Semiconductor (ROCO:5347) ROC (Joel Greenblatt) %: 8.73% (As of Dec. 2025) — 85% Below Median

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ROCO:5347 Vanguard International Semiconductor Corp ROCO:5347
76 GF Score
Price NT$169.00
GF Value NT$100.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vanguard International Semiconductor ROC (Joel Greenblatt) %?

Vanguard International Semiconductor ROCO:5347 -9.87% 76 ROC (Joel Greenblatt) % is 8.73% as of Dec. 2025, which is 85% below its 10-year median of 57.24. GuruFocus rates ROCO:5347 with a GF Score™ of 76/100 and a GF Value™ of NT$100.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,028 Semiconductors companies, Vanguard International Semiconductor ranks better than 57.3% 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. Vanguard International Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.73%.

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

ROCO:5347' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.57   Med: 57.24   Max: 91.37
Current: 12.96

During the past 13 years, Vanguard International Semiconductor's highest ROC (Joel Greenblatt) % was 91.37%. The lowest was 11.57%. And the median was 57.24%.

ROCO:5347's ROC (Joel Greenblatt) % is ranked better than
57.3% of 1028 companies
in the Semiconductors industry
Industry Median: 8.265 vs ROCO:5347: 12.96

Vanguard International Semiconductor's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.90% per year.


Vanguard International Semiconductor  (ROCO:5347) 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.


Vanguard International Semiconductor ROC (Joel Greenblatt) % Related Terms


Vanguard International Semiconductor ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vanguard International Semiconductor'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.

Vanguard International Semiconductor ROC (Joel Greenblatt) % Chart

Vanguard International Semiconductor 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 65.74 54.89 22.42 20.77 11.57

Vanguard International Semiconductor 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 21.18 20.79 16.17 11.94 8.73

ROCO:5347 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Vanguard International Semiconductor'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.


Vanguard International Semiconductor ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanguard International Semiconductor's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Vanguard International Semiconductor's ROC (Joel Greenblatt) % falls into.


ROCO:5347
76GF Score
Vanguard International Semiconductor Corp ROCO:5347
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vanguard International Semiconductor 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)
=(7221.556 + 6332.687 + 2104.452) - (16712.296 + 0 + 12252.133)
=-13305.734

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6748.17 + 6936.952 + 3357.659) - (29351.326 + 0 + 11496.701)
=-23805.246

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vanguard International Semiconductor 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 )
=8726.756/( ( (82294.427 + max(-13305.734, 0)) + (117580.678 + max(-23805.246, 0)) )/ 2 )
=8726.756/( ( 82294.427 + 117580.678 )/ 2 )
=8726.756/99937.5525
=8.73 %

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 8.73% mean?
Vanguard International Semiconductor (ROCO:5347) has a ROC (Joel Greenblatt) % of 8.73% 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 Vanguard International Semiconductor and its competitors. This is 85% below median its historical median of 57.24. Over the past decade, Vanguard International Semiconductor's ROC (Joel Greenblatt) % has ranged from 11.57 to 91.37. According to the industry distribution chart, Vanguard International Semiconductor ranks #439 out of 1028 companies in the Semiconductors industry, placing it in the top 42.7%.
Is Vanguard International Semiconductor's ROC (Joel Greenblatt) % too high?
Vanguard International Semiconductor's current ROC (Joel Greenblatt) % of 8.73% is 85% below median its 10-year median of 57.24. Over the past 10 years, this metric has ranged from a low of 11.57 to a high of 91.37. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Vanguard International Semiconductor's value of 8.73% is 5.6% above this industry median. Based on the distribution chart, Vanguard International Semiconductor ranks #439 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Vanguard International Semiconductor has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vanguard International Semiconductor's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vanguard International Semiconductor ranks #439 out of 1028 companies for ROC (Joel Greenblatt) %. This puts Vanguard International Semiconductor in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.27. Vanguard International Semiconductor's value of 8.73% is 5.6% above this benchmark. Historically, Vanguard International Semiconductor's own ROC (Joel Greenblatt) % has ranged from 11.57 to 91.37 over the past decade. While the company's 10-year median is 57.24 vs. the industry median of 8.27, Vanguard International Semiconductor 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 8.27, based on 1,028 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. Vanguard International Semiconductor's current ROC (Joel Greenblatt) % of 8.73% is 5.6% 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 Vanguard International Semiconductor and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanguard International Semiconductor's current ROC (Joel Greenblatt) % is 8.73%, which is 85% below median its own 10-year median of 57.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanguard International Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Vanguard International Semiconductor (ROCO:5347) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.29, compared to a current price of NT$169.00 — trading 68.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.73%, which is 85% below median its 10-year median of 57.24 and 5.6% above the Semiconductors industry median of 8.27. Vanguard International Semiconductor's overall GF Score™ is 76/100 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 Vanguard International Semiconductor (ROCO:5347), the current ROC (Joel Greenblatt) % is 8.73% 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 Vanguard International Semiconductor (ROCO:5347) Overvalued in 2026?

Based on GuruFocus' analysis, Vanguard International Semiconductor stock appears to be overvalued. The current stock price of NT$169.00 is trading 68.5% above its estimated GF Value™ of NT$100.29. GuruFocus considers Vanguard International Semiconductor to be Significantly Overvalued.

Key valuation signals for ROCO:5347:

  • ROC (Joel Greenblatt) %: 8.73% (85% below median its 10-year median of 57.24)
  • GF Value™: NT$100.29 vs. price of NT$169.00 (68.5% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 5.6% above the Semiconductors median (#439 of 1028)

No single metric tells the full story. See the ROCO:5347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vanguard International Semiconductor Business Description

Address No. 123, Park Road 3, Hsinchu Science Park, Hsinchu, TWN, 300096
Vanguard International Semiconductor Corp is engaged mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. Its services, manufacturing, and technology include BCD/UHV/SOI, Discrete, HV, Sensors/MEMS, eFlash, GaN, Fab Capacity, Intelligent Manufacturing and Management, Services, MPW, Program, Mask Services, Backend Services, Automotive, Design Support. Its Design Services include Libraries & IP Geographically, it derives revenue from Asia and America.
76GF Score

Get the complete analysis for ROCO:5347

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

NT$169.00
Price
NT$100.29
GF Value