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Teco Electric & Machinery CoTPE:1504 +1.34%76 ROC (Joel Greenblatt) % is 17.44% as of Dec. 2025, which is 13% below its 10-year median of 20.08. GuruFocus rates TPE:1504 with a GF Score™ of 76/100 and a GF Value™ of NT$54.73 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,063 Industrial Products companies, Teco Electric & Machinery Co ranks better than 71.73% 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. Teco Electric & Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.44%.
The historical rank and industry rank for Teco Electric & Machinery Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:1504'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.96 Med: 20.08 Max: 27.65
Current: 23.71
During the past 13 years, Teco Electric & Machinery Co's highest ROC (Joel Greenblatt) % was 27.65%. The lowest was 16.96%. And the median was 20.08%.
TPE:1504's ROC (Joel Greenblatt) % is ranked better than 71.73% of 3063
companies
in the Industrial Products industry
Industry Median: 11.71
vs TPE:1504: 23.71
Teco Electric & Machinery Co (TPE:1504) 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.
Teco Electric & Machinery Co ROC (Joel Greenblatt) % Chart
TPE:1504 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery 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.
Teco Electric & Machinery Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Teco Electric & Machinery Co's ROC (Joel Greenblatt) % falls into.
Teco Electric & Machinery 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 17.44% mean?
Teco Electric & Machinery Co (TPE:1504) has a ROC (Joel Greenblatt) % of 17.44% 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 Teco Electric & Machinery Co and its competitors. This is 13% below median its historical median of 20.08. Over the past decade, Teco Electric & Machinery Co's ROC (Joel Greenblatt) % has ranged from 16.96 to 27.65. According to the industry distribution chart, Teco Electric & Machinery Co ranks #866 out of 3063 companies in the Industrial Products industry, placing it in the top 28.3%.
Is Teco Electric & Machinery Co's ROC (Joel Greenblatt) % too high?
Teco Electric & Machinery Co's current ROC (Joel Greenblatt) % of 17.44% is 13% below median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 16.96 to a high of 27.65. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. Teco Electric & Machinery Co's value of 17.44% is 48.9% above this industry median. Based on the distribution chart, Teco Electric & Machinery Co ranks #866 out of 3063 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Teco Electric & Machinery Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teco Electric & Machinery Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Teco Electric & Machinery Co ranks #866 out of 3063 companies for ROC (Joel Greenblatt) %. This puts Teco Electric & Machinery Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Teco Electric & Machinery Co's value of 17.44% is 48.9% above this benchmark. Historically, Teco Electric & Machinery Co's own ROC (Joel Greenblatt) % has ranged from 16.96 to 27.65 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 11.71, Teco Electric & Machinery 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,063 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. Teco Electric & Machinery Co's current ROC (Joel Greenblatt) % of 17.44% is 48.9% 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 Teco Electric & Machinery Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teco Electric & Machinery Co's current ROC (Joel Greenblatt) % is 17.44%, which is 13% below median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teco Electric & Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Teco Electric & Machinery Co (TPE:1504) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$54.73, compared to a current price of NT$68.10 — trading 24.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.44%, which is 13% below median its 10-year median of 20.08 and 48.9% above the Industrial Products industry median of 11.71. Teco Electric & Machinery Co's overall GF Score™ is 76/100 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 Teco Electric & Machinery Co (TPE:1504), the current ROC (Joel Greenblatt) % is 17.44% 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 Teco Electric & Machinery Co (TPE:1504) Overvalued in 2026?
Based on GuruFocus' analysis, Teco Electric & Machinery Co stock appears to be overvalued.
The current stock price of NT$68.10 is trading 24.4% above its estimated GF Value™ of NT$54.73.
GuruFocus considers Teco Electric & Machinery Co to be Modestly Overvalued.
Key valuation signals for TPE:1504:
ROC (Joel Greenblatt) %: 17.44% (13% below median its 10-year median of 20.08)
GF Value™: NT$54.73 vs. price of NT$68.10 (24.4% above fair value)
Industry Position: 48.9% above the Industrial Products median (#866 of 3063)
No single metric tells the full story. See the TPE:1504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units, and electronic equipment products. The company's Heavy industrial products, the product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its revenue from Taiwan.
76GF Score
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