Kaulin Manufacturing Co (TPE:1531) ROC (Joel Greenblatt) %: 2.41% (As of Mar. 2026) — 54% Below Median

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TPE:1531 Kaulin Manufacturing Co Ltd TPE:1531
64 GF Score
Price NT$13.00
GF Value NT$11.85
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Kaulin Manufacturing Co ROC (Joel Greenblatt) %?

Kaulin Manufacturing Co TPE:1531 +0.78% 64 ROC (Joel Greenblatt) % is 2.41% as of Mar. 2026, which is 54% below its 10-year median of 5.19. GuruFocus rates TPE:1531 with a GF Score™ of 64/100 and a GF Value™ of NT$11.85 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,064 Industrial Products companies, Kaulin Manufacturing Co ranks worse than 79.93% 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. Kaulin Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.41%.

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

TPE:1531' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.12   Med: 5.19   Max: 10.84
Current: -3.12

During the past 13 years, Kaulin Manufacturing Co's highest ROC (Joel Greenblatt) % was 10.84%. The lowest was -3.12%. And the median was 5.19%.

TPE:1531's ROC (Joel Greenblatt) % is ranked worse than
79.93% of 3064 companies
in the Industrial Products industry
Industry Median: 11.675 vs TPE:1531: -3.12

Kaulin Manufacturing Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Kaulin Manufacturing Co  (TPE:1531) 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.


Kaulin Manufacturing Co ROC (Joel Greenblatt) % Related Terms


Kaulin Manufacturing Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kaulin Manufacturing 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.

Kaulin Manufacturing Co ROC (Joel Greenblatt) % Chart

Kaulin Manufacturing 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 10.40 10.14 -1.48 5.01 -0.78

Kaulin Manufacturing 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 7.95 -24.97 8.15 8.46 2.41

TPE:1531 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Kaulin Manufacturing 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.


Kaulin Manufacturing Co ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaulin Manufacturing Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kaulin Manufacturing Co's ROC (Joel Greenblatt) % falls into.


TPE:1531
64GF Score
Kaulin Manufacturing Co Ltd TPE:1531
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaulin Manufacturing 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)
=(503.253 + 487.439 + 56.761) - (340.456 + 0 + 28.727)
=678.27

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(530.797 + 459.609 + 58.131) - (334.855 + 0 + 34.439)
=679.243

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kaulin Manufacturing 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 )
=24.516/( ( (335.949 + max(678.27, 0)) + (340.435 + max(679.243, 0)) )/ 2 )
=24.516/( ( 1014.219 + 1019.678 )/ 2 )
=24.516/1016.9485
=2.41 %

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 2.41% mean?
Kaulin Manufacturing Co (TPE:1531) has a ROC (Joel Greenblatt) % of 2.41% 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 Kaulin Manufacturing Co and its competitors. This is 54% below median its historical median of 5.19. According to the industry distribution chart, Kaulin Manufacturing Co ranks #2449 out of 3064 companies in the Industrial Products industry, placing it in the top 79.9%.
Is Kaulin Manufacturing Co's ROC (Joel Greenblatt) % too high?
Kaulin Manufacturing Co's current ROC (Joel Greenblatt) % of 2.41% is 54% below median its 10-year median of 5.19. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.68. Kaulin Manufacturing Co's value of 2.41% is 79.4% below this industry median. Based on the distribution chart, Kaulin Manufacturing Co ranks #2449 out of 3064 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Kaulin Manufacturing Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kaulin Manufacturing Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kaulin Manufacturing Co ranks #2449 out of 3064 companies for ROC (Joel Greenblatt) %. This places Kaulin Manufacturing Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. Kaulin Manufacturing Co's value of 2.41% is 79.4% below this benchmark. While the company's 10-year median is 5.19 vs. the industry median of 11.68, Kaulin Manufacturing 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.68, based on 3,064 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. Kaulin Manufacturing Co's current ROC (Joel Greenblatt) % of 2.41% is 79.4% 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 Kaulin Manufacturing Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaulin Manufacturing Co's current ROC (Joel Greenblatt) % is 2.41%, which is 54% below median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaulin Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kaulin Manufacturing Co (TPE:1531) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.85, compared to a current price of NT$13.00 — trading 9.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 2.41%, which is 54% below median its 10-year median of 5.19 and 79.4% below the Industrial Products industry median of 11.68. Kaulin Manufacturing Co's overall GF Score™ is 64/100 with 2 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 Kaulin Manufacturing Co (TPE:1531), the current ROC (Joel Greenblatt) % is 2.41% 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 Kaulin Manufacturing Co (TPE:1531) Overvalued in 2026?

Based on GuruFocus' analysis, Kaulin Manufacturing Co stock appears to be overvalued. The current stock price of NT$13.00 is trading 9.7% above its estimated GF Value™ of NT$11.85. GuruFocus considers Kaulin Manufacturing Co to be Fairly Valued.

Key valuation signals for TPE:1531:

  • ROC (Joel Greenblatt) %: 2.41% (54% below median its 10-year median of 5.19)
  • GF Value™: NT$11.85 vs. price of NT$13.00 (9.7% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 79.4% below the Industrial Products median (#2449 of 3064)

No single metric tells the full story. See the TPE:1531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaulin Manufacturing Co Business Description

Address Dunhua North Road, 8th Floor, No. 167, Songshan District, Taipei, TWN, 105
Kaulin Manufacturing Co Ltd is a Taiwan-based company, that engages in the manufacture and distribution of sewing machines and related spare parts. Its business activities include manufacturing, assembly, and trading of a variety of sewing machines, parts, and components; casting, processing, and trading of milling products, and sewing machine parts. The company products include overlock, interlock, double chain stitch, and lockstitch. Geographically, it operates in China, Asia, Japan, Latin America, and India.
64GF Score

Get the complete analysis for TPE:1531

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

NT$13.00
Price
NT$11.85
GF Value