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Southeast Cement CoTPE:1110 -0.93%73 ROC (Joel Greenblatt) % is 5.87% as of Mar. 2026, which is 37% below its 10-year median of 9.28. GuruFocus rates TPE:1110 with a GF Score™ of 73/100 and a GF Value™ of NT$25.82 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 408 Building Materials companies, Southeast Cement Co ranks better than 54.9% 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. Southeast Cement Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.87%.
The historical rank and industry rank for Southeast Cement Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:1110'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.24 Med: 9.28 Max: 33.49
Current: 10.39
During the past 13 years, Southeast Cement Co's highest ROC (Joel Greenblatt) % was 33.49%. The lowest was 1.24%. And the median was 9.28%.
TPE:1110's ROC (Joel Greenblatt) % is ranked better than 54.9% of 408
companies
in the Building Materials industry
Industry Median: 8.68
vs TPE:1110: 10.39
Southeast Cement Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 44.50% per year.
Southeast Cement Co (TPE:1110) 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.
Southeast Cement Co ROC (Joel Greenblatt) % Related Terms
Southeast Cement Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Southeast Cement 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.
TPE:1110 vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Southeast Cement 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.
Southeast Cement Co ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Southeast Cement Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Southeast Cement Co's ROC (Joel Greenblatt) % falls into.
Southeast Cement 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:
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 5.87% mean?
Southeast Cement Co (TPE:1110) has a ROC (Joel Greenblatt) % of 5.87% 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 Southeast Cement Co and its competitors. This is 37% below median its historical median of 9.28. Over the past decade, Southeast Cement Co's ROC (Joel Greenblatt) % has ranged from 1.24 to 33.49. According to the industry distribution chart, Southeast Cement Co ranks #184 out of 408 companies in the Building Materials industry, placing it in the top 45.1%.
Is Southeast Cement Co's ROC (Joel Greenblatt) % too high?
Southeast Cement Co's current ROC (Joel Greenblatt) % of 5.87% is 37% below median its 10-year median of 9.28. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 33.49. The Building Materials industry median ROC (Joel Greenblatt) % is 8.68. Southeast Cement Co's value of 5.87% is 32.4% below this industry median. Based on the distribution chart, Southeast Cement Co ranks #184 out of 408 companies in the Building Materials industry, which is above the industry midpoint. Overall, Southeast Cement Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southeast Cement Co ranks #184 out of 408 companies for ROC (Joel Greenblatt) %. This puts Southeast Cement Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.68. Southeast Cement Co's value of 5.87% is 32.4% below this benchmark. Historically, Southeast Cement Co's own ROC (Joel Greenblatt) % has ranged from 1.24 to 33.49 over the past decade. While the company's 10-year median is 9.28 vs. the industry median of 8.68, Southeast Cement 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.68, based on 408 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. Southeast Cement Co's current ROC (Joel Greenblatt) % of 5.87% is 32.4% 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 Southeast Cement Co and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southeast Cement Co's current ROC (Joel Greenblatt) % is 5.87%, which is 37% below median its own 10-year median of 9.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Possible Value Trap. The stock's GF Value™ is NT$25.82, compared to a current price of NT$16.00 — trading 38% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.87%, which is 37% below median its 10-year median of 9.28 and 32.4% below the Building Materials industry median of 8.68. Southeast Cement Co's overall GF Score™ is 73/100 with 8 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 Southeast Cement Co (TPE:1110), the current ROC (Joel Greenblatt) % is 5.87% 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?
Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued.
The current stock price of NT$16.00 is trading 38% below its estimated GF Value™ of NT$25.82.
GuruFocus considers Southeast Cement Co to be Possible Value Trap.
Key valuation signals for TPE:1110:
ROC (Joel Greenblatt) %: 5.87% (37% below median its 10-year median of 9.28)
GF Value™: NT$25.82 vs. price of NT$16.00 (38% below fair value)
Industry Position: 32.4% below the Building Materials median (#184 of 408)
No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
73GF Score
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