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Tian Zheng Intl Precision MachineryROCO:6654 -0.28%52 ROC (Joel Greenblatt) % is 1.50% as of Jun. 2026, which is 89% below its 10-year median of 13.23. GuruFocus rates ROCO:6654 with a GF Score™ of 52/100 and a GF Value™ of NT$46.49 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,065 Industrial Products companies, Tian Zheng Intl Precision Machinery ranks worse than 75.79% 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. Tian Zheng Intl Precision Machinery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.50%.
The historical rank and industry rank for Tian Zheng Intl Precision Machinery's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6654'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.51 Med: 13.23 Max: 78.74
Current: 0.87
During the past 12 years, Tian Zheng Intl Precision Machinery's highest ROC (Joel Greenblatt) % was 78.74%. The lowest was -5.51%. And the median was 13.23%.
ROCO:6654's ROC (Joel Greenblatt) % is ranked worse than 75.79% of 3065
companies
in the Industrial Products industry
Industry Median: 11.8
vs ROCO:6654: 0.87
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.
* 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:6654 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Tian Zheng Intl Precision Machinery'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.
Tian Zheng Intl Precision Machinery ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tian Zheng Intl Precision Machinery's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tian Zheng Intl Precision Machinery'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 (Jun. 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 1.50% mean?
Tian Zheng Intl Precision Machinery (ROCO:6654) has a ROC (Joel Greenblatt) % of 1.50% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tian Zheng Intl Precision Machinery and its competitors. This is 89% below median its historical median of 13.23. According to the industry distribution chart, Tian Zheng Intl Precision Machinery ranks #2323 out of 3065 companies in the Industrial Products industry, placing it in the top 75.8%.
Is Tian Zheng Intl Precision Machinery's ROC (Joel Greenblatt) % too high?
Tian Zheng Intl Precision Machinery's current ROC (Joel Greenblatt) % of 1.50% is 89% below median its 10-year median of 13.23. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.80. Tian Zheng Intl Precision Machinery's value of 1.50% is 87.3% below this industry median. Based on the distribution chart, Tian Zheng Intl Precision Machinery ranks #2323 out of 3065 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tian Zheng Intl Precision Machinery has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Zheng Intl Precision Machinery's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tian Zheng Intl Precision Machinery ranks #2323 out of 3065 companies for ROC (Joel Greenblatt) %. This places Tian Zheng Intl Precision Machinery in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.80. Tian Zheng Intl Precision Machinery's value of 1.50% is 87.3% below this benchmark. While the company's 10-year median is 13.23 vs. the industry median of 11.80, Tian Zheng Intl Precision Machinery 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.80, based on 3,065 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. Tian Zheng Intl Precision Machinery's current ROC (Joel Greenblatt) % of 1.50% is 87.3% 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 Tian Zheng Intl Precision Machinery and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Zheng Intl Precision Machinery's current ROC (Joel Greenblatt) % is 1.50%, which is 89% below median its own 10-year median of 13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Zheng Intl Precision Machinery stock overvalued right now?
Based on GuruFocus' analysis, Tian Zheng Intl Precision Machinery (ROCO:6654) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$46.49, compared to a current price of NT$175.50 — trading 277.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1.50%, which is 89% below median its 10-year median of 13.23 and 87.3% below the Industrial Products industry median of 11.80. Tian Zheng Intl Precision Machinery's overall GF Score™ is 52/100 with 3 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 Tian Zheng Intl Precision Machinery (ROCO:6654), the current ROC (Joel Greenblatt) % is 1.50% as of Jun. 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 Tian Zheng Intl Precision Machinery (ROCO:6654) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Zheng Intl Precision Machinery stock appears to be overvalued.
The current stock price of NT$175.50 is trading 277.5% above its estimated GF Value™ of NT$46.49.
GuruFocus considers Tian Zheng Intl Precision Machinery to be Significantly Overvalued.
Key valuation signals for ROCO:6654:
ROC (Joel Greenblatt) %: 1.50% (89% below median its 10-year median of 13.23)
GF Value™: NT$46.49 vs. price of NT$175.50 (277.5% above fair value)
Industry Position: 87.3% below the Industrial Products median (#2323 of 3065)
No single metric tells the full story. See the ROCO:6654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Zheng Intl Precision Machinery is engaged in self Automation and mechanical engineering design, processing and manufacturing, assembly and consumer optoelectronic product design, manufacturing and sales. Its products include resistance test packaging machine, LED sorting machine, drilling machine, punch machine, winding inductance measuring charter, capacitance test packaging machine.
52GF Score
Get the complete analysis for ROCO:6654
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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