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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. Fulin Plastic Industry (Cayman) Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 32.17%.
TPE:1341's ROC (Joel Greenblatt) % is ranked better than 80.58% of 1061
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.53
vs TPE:1341: 22.59
Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) 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.
* 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.
Fulin Plastic Industry (Cayman) Holding Co ROC (Joel Greenblatt) % Chart
Fulin Plastic Industry (Cayman) Holding Co Annual Data
Fulin Plastic Industry (Cayman) Holding Co ROC (Joel Greenblatt) % Competitor Comparison
For the Textile Manufacturing subindustry, Fulin Plastic Industry (Cayman) Holding 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.
Fulin Plastic Industry (Cayman) Holding Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulin Plastic Industry (Cayman) Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fulin Plastic Industry (Cayman) Holding Co's ROC (Joel Greenblatt) % falls into.
Fulin Plastic Industry (Cayman) Holding 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 (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 32.17% mean?
Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) has a ROC (Joel Greenblatt) % of 32.17% 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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. This is 30% above median its historical median of 24.78. Over the past decade, Fulin Plastic Industry (Cayman) Holding Co's ROC (Joel Greenblatt) % has ranged from 18.81 to 72.29. According to the industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #206 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 19.4%.
Is Fulin Plastic Industry (Cayman) Holding Co's ROC (Joel Greenblatt) % too high?
Fulin Plastic Industry (Cayman) Holding Co's current ROC (Joel Greenblatt) % of 32.17% is 30% above median its 10-year median of 24.78. Over the past 10 years, this metric has ranged from a low of 18.81 to a high of 72.29. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.53. Fulin Plastic Industry (Cayman) Holding Co's value of 32.17% is 277.1% above this industry median. Based on the distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #206 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Fulin Plastic Industry (Cayman) Holding Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fulin Plastic Industry (Cayman) Holding Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulin Plastic Industry (Cayman) Holding Co ranks #206 out of 1061 companies for ROC (Joel Greenblatt) %. This places Fulin Plastic Industry (Cayman) Holding Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.53. Fulin Plastic Industry (Cayman) Holding Co's value of 32.17% is 277.1% above this benchmark. Historically, Fulin Plastic Industry (Cayman) Holding Co's own ROC (Joel Greenblatt) % has ranged from 18.81 to 72.29 over the past decade. While the company's 10-year median is 24.78 vs. the industry median of 8.53, Fulin Plastic Industry (Cayman) Holding Co 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.53, based on 1,061 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. Fulin Plastic Industry (Cayman) Holding Co's current ROC (Joel Greenblatt) % of 32.17% is 277.1% 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 Fulin Plastic Industry (Cayman) Holding Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulin Plastic Industry (Cayman) Holding Co's current ROC (Joel Greenblatt) % is 32.17%, which is 30% above median its own 10-year median of 24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulin Plastic Industry (Cayman) Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) is currently considered Fairly Valued. The stock's GF Value™ is NT$60.23, compared to a current price of NT$59.10 — trading 1.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 32.17%, which is 30% above median its 10-year median of 24.78 and 277.1% above the Manufacturing - Apparel & Accessories industry median of 8.53. Fulin Plastic Industry (Cayman) Holding Co's overall GF Score™ is 87/100 with 5 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341), the current ROC (Joel Greenblatt) % is 32.17% 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 Fulin Plastic Industry (Cayman) Holding Co (TPE:1341) Overvalued in 2026?
Based on GuruFocus' analysis, Fulin Plastic Industry (Cayman) Holding Co stock appears to be undervalued.
The current stock price of NT$59.10 is trading 1.9% below its estimated GF Value™ of NT$60.23.
GuruFocus considers Fulin Plastic Industry (Cayman) Holding Co to be Fairly Valued.
Key valuation signals for TPE:1341:
ROC (Joel Greenblatt) %: 32.17% (30% above median its 10-year median of 24.78)
GF Value™: NT$60.23 vs. price of NT$59.10 (1.9% below fair value)
Industry Position: 277.1% above the Manufacturing - Apparel & Accessories median (#206 of 1061)
No single metric tells the full story. See the TPE:1341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulin Plastic Industry (Cayman) Holding Co Business Description
Fulin Plastic Industry (Cayman) Holding Co is engaged in the international trading business. The company specializes in manufacturing and selling various PVC and PU artificial leathers to domestic and international markets. Its offerings include latex leather, rubber leather, soft leather, and PU leather, which can be processed into furniture, handbags, shoes, sports equipment, clothing, raincoats, tapes, stationery, advertising, etc. It has two segments: Fulin Plastic Industry Company (Fulin Plastic) engages in the production and sales of latex leathers, tapes and soft leathers. Other segments. Key revenue is generated from the Fulin Plastic segment.
87GF Score
Get the complete analysis for TPE:1341
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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