TYC Brother Industrial Co (TPE:1522) ROC (Joel Greenblatt) %: 1.53% (As of Mar. 2026) — 83% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1522 TYC Brother Industrial Co Ltd TPE:1522
70 GF Score
Price NT$27.85
GF Value NT$62.09
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is TYC Brother Industrial Co ROC (Joel Greenblatt) %?

TYC Brother Industrial Co TPE:1522 -1.76% 70 ROC (Joel Greenblatt) % is 1.53% as of Mar. 2026, which is 83% below its 10-year median of 9.18. GuruFocus rates TPE:1522 with a GF Score™ of 70/100 and a GF Value™ of NT$62.09 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,331 Vehicles & Parts companies, TYC Brother Industrial Co ranks worse than 74.15% 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. TYC Brother Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.53%.

The historical rank and industry rank for TYC Brother Industrial Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:1522' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.11   Med: 9.18   Max: 14.2
Current: 3.69

During the past 13 years, TYC Brother Industrial Co's highest ROC (Joel Greenblatt) % was 14.20%. The lowest was 3.11%. And the median was 9.18%.

TPE:1522's ROC (Joel Greenblatt) % is ranked worse than
74.15% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.03 vs TPE:1522: 3.69

TYC Brother Industrial Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.60% per year.


TYC Brother Industrial Co  (TPE:1522) 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.


TYC Brother Industrial Co ROC (Joel Greenblatt) % Related Terms


TYC Brother Industrial Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TYC Brother Industrial 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.

TYC Brother Industrial Co ROC (Joel Greenblatt) % Chart

TYC Brother Industrial Co 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 3.11 9.15 11.10 14.20 6.58

TYC Brother Industrial Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.13 -7.79 12.32 7.36 1.53

TPE:1522 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, TYC Brother Industrial 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.


TYC Brother Industrial Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TYC Brother Industrial Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where TYC Brother Industrial Co's ROC (Joel Greenblatt) % falls into.


TPE:1522
70GF Score
TYC Brother Industrial Co Ltd TPE:1522
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TYC Brother Industrial 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:

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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7464.127 + 7752.875 + 419.019) - (9263.445 + 0 + 793.888)
=5578.688

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5358.439 + 8027.462 + 536.949) - (8073.35 + 0 + 641.733)
=5207.767

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of TYC Brother Industrial Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=335.924/( ( (16573.465 + max(5578.688, 0)) + (16564.035 + max(5207.767, 0)) )/ 2 )
=335.924/( ( 22152.153 + 21771.802 )/ 2 )
=335.924/21961.9775
=1.53 %

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 1.53% mean?
TYC Brother Industrial Co (TPE:1522) has a ROC (Joel Greenblatt) % of 1.53% 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 TYC Brother Industrial Co and its competitors. This is 83% below median its historical median of 9.18. Over the past decade, TYC Brother Industrial Co's ROC (Joel Greenblatt) % has ranged from 3.11 to 14.20. According to the industry distribution chart, TYC Brother Industrial Co ranks #987 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 74.2%.
Is TYC Brother Industrial Co's ROC (Joel Greenblatt) % too high?
TYC Brother Industrial Co's current ROC (Joel Greenblatt) % of 1.53% is 83% below median its 10-year median of 9.18. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 14.20. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.03. TYC Brother Industrial Co's value of 1.53% is 87.3% below this industry median. Based on the distribution chart, TYC Brother Industrial Co ranks #987 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, TYC Brother Industrial Co has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TYC Brother Industrial Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TYC Brother Industrial Co ranks #987 out of 1331 companies for ROC (Joel Greenblatt) %. This places TYC Brother Industrial Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.03. TYC Brother Industrial Co's value of 1.53% is 87.3% below this benchmark. Historically, TYC Brother Industrial Co's own ROC (Joel Greenblatt) % has ranged from 3.11 to 14.20 over the past decade. While the company's 10-year median is 9.18 vs. the industry median of 12.03, TYC Brother Industrial 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.03, based on 1,331 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. TYC Brother Industrial Co's current ROC (Joel Greenblatt) % of 1.53% 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 TYC Brother Industrial Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TYC Brother Industrial Co's current ROC (Joel Greenblatt) % is 1.53%, which is 83% below median its own 10-year median of 9.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TYC Brother Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, TYC Brother Industrial Co (TPE:1522) is currently considered Possible Value Trap. The stock's GF Value™ is NT$62.09, compared to a current price of NT$27.85 — trading 55.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.53%, which is 83% below median its 10-year median of 9.18 and 87.3% below the Vehicles & Parts industry median of 12.03. TYC Brother Industrial Co's overall GF Score™ is 70/100 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 TYC Brother Industrial Co (TPE:1522), the current ROC (Joel Greenblatt) % is 1.53% 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 TYC Brother Industrial Co (TPE:1522) Overvalued in 2026?

Based on GuruFocus' analysis, TYC Brother Industrial Co stock appears to be undervalued. The current stock price of NT$27.85 is trading 55.1% below its estimated GF Value™ of NT$62.09. GuruFocus considers TYC Brother Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1522:

  • ROC (Joel Greenblatt) %: 1.53% (83% below median its 10-year median of 9.18)
  • GF Value™: NT$62.09 vs. price of NT$27.85 (55.1% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 87.3% below the Vehicles & Parts median (#987 of 1331)

No single metric tells the full story. See the TPE:1522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TYC Brother Industrial Co Business Description

Address No. 72-2, Xinle Road, An-Ping Industrial District, South District, Tainan, TWN, 70248
TYC Brother Industrial Co Ltd is a Taiwan-based company engaged in the manufacturing, trading, and import and export trade business of automobiles, motorcycles, and other automobile parts and supplies. Its products include car lights, mirrors, cooling fan, radiator, condenser, blower, and window regulator. The company's reportable segments are as follows: the Taiwan Market, Asian Market, U.S. Market, and European Market. It generates the majority of its revenue from the U.S. Market, which is responsible for the order and sales of all lighting products in the Americas.
70GF Score

Get the complete analysis for TPE:1522

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

NT$27.85
Price
NT$62.09
GF Value