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Kian ShenTPE:1525 +0.59%75 ROC (Joel Greenblatt) % is 20.53% as of Mar. 2026, which is 70% below its 10-year median of 68.85. GuruFocus rates TPE:1525 with a GF Score™ of 75/100 and a GF Value™ of NT$58.56 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Kian Shen ranks better than 86.7% 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. Kian Shen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.53%.
The historical rank and industry rank for Kian Shen's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:1525'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 34.39 Med: 68.85 Max: 131.61
Current: 34.39
During the past 13 years, Kian Shen's highest ROC (Joel Greenblatt) % was 131.61%. The lowest was 34.39%. And the median was 68.85%.
TPE:1525's ROC (Joel Greenblatt) % is ranked better than 86.7% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 12.07
vs TPE:1525: 34.39
Kian Shen's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.90% per year.
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.
The historical data trend for Kian Shen'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:1525 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Kian Shen'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.
Kian Shen ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kian Shen's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kian Shen's ROC (Joel Greenblatt) % falls into.
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 20.53% mean?
Kian Shen (TPE:1525) has a ROC (Joel Greenblatt) % of 20.53% 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 Kian Shen and its competitors. This is 70% below median its historical median of 68.85. Over the past decade, Kian Shen's ROC (Joel Greenblatt) % has ranged from 34.39 to 131.61. According to the industry distribution chart, Kian Shen ranks #177 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 13.3%.
Is Kian Shen's ROC (Joel Greenblatt) % too high?
Kian Shen's current ROC (Joel Greenblatt) % of 20.53% is 70% below median its 10-year median of 68.85. Over the past 10 years, this metric has ranged from a low of 34.39 to a high of 131.61. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.07. Kian Shen's value of 20.53% is 70.1% above this industry median. Based on the distribution chart, Kian Shen ranks #177 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Kian Shen has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kian Shen's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kian Shen ranks #177 out of 1331 companies for ROC (Joel Greenblatt) %. This places Kian Shen in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.07. Kian Shen's value of 20.53% is 70.1% above this benchmark. Historically, Kian Shen's own ROC (Joel Greenblatt) % has ranged from 34.39 to 131.61 over the past decade. While the company's 10-year median is 68.85 vs. the industry median of 12.07, Kian Shen 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.07, 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. Kian Shen's current ROC (Joel Greenblatt) % of 20.53% is 70.1% 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 Kian Shen and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kian Shen's current ROC (Joel Greenblatt) % is 20.53%, which is 70% below median its own 10-year median of 68.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kian Shen stock overvalued right now?
Based on GuruFocus' analysis, Kian Shen (TPE:1525) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.56, compared to a current price of NT$68.40 — trading 16.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.53%, which is 70% below median its 10-year median of 68.85 and 70.1% above the Vehicles & Parts industry median of 12.07. Kian Shen's overall GF Score™ is 75/100 with 6 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 Kian Shen (TPE:1525), the current ROC (Joel Greenblatt) % is 20.53% 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 Kian Shen (TPE:1525) Overvalued in 2026?
Based on GuruFocus' analysis, Kian Shen stock appears to be overvalued.
The current stock price of NT$68.40 is trading 16.8% above its estimated GF Value™ of NT$58.56.
GuruFocus considers Kian Shen to be Modestly Overvalued.
Key valuation signals for TPE:1525:
ROC (Joel Greenblatt) %: 20.53% (70% below median its 10-year median of 68.85)
GF Value™: NT$58.56 vs. price of NT$68.40 (16.8% above fair value)
Industry Position: 70.1% above the Vehicles & Parts median (#177 of 1331)
No single metric tells the full story. See the TPE:1525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kian Shen Corp is engaged in the manufacture and sale of automobile body beams, stamping molds, and woodworking products. It provides automobile frames which include products for large, medium, and small-size trucks and coaches. The company has two operating segments; the Manufacturing department, and the Investment department. It derives a majority of its revenue from the manufacturing segment.
75GF Score
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