Nan Ya Plastics (TPE:1303) ROC (Joel Greenblatt) %: 10.13% (As of Dec. 2025) — 40% Below Median

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TPE:1303 Nan Ya Plastics Corp TPE:1303
57 GF Score
Price NT$177.50
GF Value NT$62.94
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Nan Ya Plastics ROC (Joel Greenblatt) %?

Nan Ya Plastics TPE:1303 -9.90% 57 ROC (Joel Greenblatt) % is 10.13% as of Dec. 2025, which is 40% below its 10-year median of 16.94. GuruFocus rates TPE:1303 with a GF Score™ of 57/100 and a GF Value™ of NT$62.94 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,605 Chemicals companies, Nan Ya Plastics ranks worse than 68.16% 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. Nan Ya Plastics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.13%.

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

TPE:1303' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.26   Med: 16.94   Max: 43.95
Current: 3.96

During the past 13 years, Nan Ya Plastics's highest ROC (Joel Greenblatt) % was 43.95%. The lowest was 3.26%. And the median was 16.94%.

TPE:1303's ROC (Joel Greenblatt) % is ranked worse than
68.16% of 1605 companies
in the Chemicals industry
Industry Median: 9.47 vs TPE:1303: 3.96

Nan Ya Plastics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -36.40% per year.


Nan Ya Plastics  (TPE:1303) 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.


Nan Ya Plastics ROC (Joel Greenblatt) % Related Terms


Nan Ya Plastics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nan Ya Plastics'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.

Nan Ya Plastics ROC (Joel Greenblatt) % Chart

Nan Ya Plastics 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 43.95 19.24 4.88 3.26 3.88

Nan Ya Plastics 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 2.67 2.74 -4.64 7.70 10.13

TPE:1303 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Nan Ya Plastics'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.


Nan Ya Plastics ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nan Ya Plastics's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nan Ya Plastics's ROC (Joel Greenblatt) % falls into.


TPE:1303
57GF Score
Nan Ya Plastics Corp TPE:1303
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Ya Plastics 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)
=(39689.06 + 50728.97 + 6993.505) - (35785.221 + 0 + 4653.526)
=56972.788

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42756.437 + 51303.252 + 13755.508) - (37917.208 + 0 + 3327.778)
=66570.211

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Nan Ya Plastics 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 )
=27521.232/( ( (208767.102 + max(56972.788, 0)) + (211036.183 + max(66570.211, 0)) )/ 2 )
=27521.232/( ( 265739.89 + 277606.394 )/ 2 )
=27521.232/271673.142
=10.13 %

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 10.13% mean?
Nan Ya Plastics (TPE:1303) has a ROC (Joel Greenblatt) % of 10.13% 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 Nan Ya Plastics and its competitors. This is 40% below median its historical median of 16.94. Over the past decade, Nan Ya Plastics' ROC (Joel Greenblatt) % has ranged from 3.26 to 43.95. According to the industry distribution chart, Nan Ya Plastics ranks #1094 out of 1605 companies in the Chemicals industry, placing it in the top 68.2%.
Is Nan Ya Plastics' ROC (Joel Greenblatt) % too high?
Nan Ya Plastics' current ROC (Joel Greenblatt) % of 10.13% is 40% below median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 43.95. The Chemicals industry median ROC (Joel Greenblatt) % is 9.47. Nan Ya Plastics' value of 10.13% is 7% above this industry median. Based on the distribution chart, Nan Ya Plastics ranks #1094 out of 1605 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nan Ya Plastics has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nan Ya Plastics' ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nan Ya Plastics ranks #1094 out of 1605 companies for ROC (Joel Greenblatt) %. This places Nan Ya Plastics in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.47. Nan Ya Plastics' value of 10.13% is 7% above this benchmark. Historically, Nan Ya Plastics' own ROC (Joel Greenblatt) % has ranged from 3.26 to 43.95 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 9.47, Nan Ya Plastics 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.47, based on 1,605 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. Nan Ya Plastics's current ROC (Joel Greenblatt) % of 10.13% is 7% 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 Nan Ya Plastics and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nan Ya Plastics's current ROC (Joel Greenblatt) % is 10.13%, which is 40% below median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Ya Plastics stock overvalued right now?
Based on GuruFocus' analysis, Nan Ya Plastics (TPE:1303) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$62.94, compared to a current price of NT$177.50 — trading 182% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.13%, which is 40% below median its 10-year median of 16.94 and 7% above the Chemicals industry median of 9.47. Nan Ya Plastics' overall GF Score™ is 57/100 with 9 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 Nan Ya Plastics (TPE:1303), the current ROC (Joel Greenblatt) % is 10.13% 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 Nan Ya Plastics (TPE:1303) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Ya Plastics stock appears to be overvalued. The current stock price of NT$177.50 is trading 182% above its estimated GF Value™ of NT$62.94. GuruFocus considers Nan Ya Plastics to be Significantly Overvalued.

Key valuation signals for TPE:1303:

  • ROC (Joel Greenblatt) %: 10.13% (40% below median its 10-year median of 16.94)
  • GF Value™: NT$62.94 vs. price of NT$177.50 (182% above fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 7% above the Chemicals median (#1094 of 1605)

No single metric tells the full story. See the TPE:1303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Ya Plastics Business Description

Address 101, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Nan Ya Plastics Corp engages in the manufacture and sale of plastic products, polyester fibers, petrochemical products, and electronic materials. It has gone through several capital increases and established many divisions. Currently, the Company has the following divisions: plastics, fiber, petrochemical, electronics, and engineering. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan and other markets.
57GF Score

Get the complete analysis for TPE:1303

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

NT$177.50
Price
NT$62.94
GF Value