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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. Kung Long Batteries Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 41.62%.
The historical rank and industry rank for Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:1537'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 33.94 Med: 42.1 Max: 51.45
Current: 37.44
During the past 13 years, Kung Long Batteries Industrial Co's highest ROC (Joel Greenblatt) % was 51.45%. The lowest was 33.94%. And the median was 42.10%.
TPE:1537's ROC (Joel Greenblatt) % is ranked better than 84.15% of 3066
companies
in the Industrial Products industry
Industry Median: 11.745
vs TPE:1537: 37.44
Kung Long Batteries Industrial Co (TPE:1537) 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.
Kung Long Batteries Industrial Co ROC (Joel Greenblatt) % Chart
TPE:1537 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Kung Long Batteries 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.
Kung Long Batteries Industrial Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % falls into.
Kung Long Batteries 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:
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 41.62% mean?
Kung Long Batteries Industrial Co (TPE:1537) has a ROC (Joel Greenblatt) % of 41.62% 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 Kung Long Batteries Industrial Co and its competitors. This is near median its historical median of 42.10. Over the past decade, Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % has ranged from 33.94 to 51.45. According to the industry distribution chart, Kung Long Batteries Industrial Co ranks #486 out of 3066 companies in the Industrial Products industry, placing it in the top 15.9%.
Is Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % too high?
Kung Long Batteries Industrial Co's current ROC (Joel Greenblatt) % of 41.62% is near median its 10-year median of 42.10. Over the past 10 years, this metric has ranged from a low of 33.94 to a high of 51.45. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. Kung Long Batteries Industrial Co's value of 41.62% is 254.4% above this industry median. Based on the distribution chart, Kung Long Batteries Industrial Co ranks #486 out of 3066 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kung Long Batteries Industrial Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kung Long Batteries Industrial Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Kung Long Batteries Industrial Co ranks #486 out of 3066 companies for ROC (Joel Greenblatt) %. This places Kung Long Batteries Industrial Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. Kung Long Batteries Industrial Co's value of 41.62% is 254.4% above this benchmark. Historically, Kung Long Batteries Industrial Co's own ROC (Joel Greenblatt) % has ranged from 33.94 to 51.45 over the past decade. While the company's 10-year median is 42.10 vs. the industry median of 11.75, Kung Long Batteries Industrial 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 11.75, based on 3,066 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. Kung Long Batteries Industrial Co's current ROC (Joel Greenblatt) % of 41.62% is 254.4% 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 Kung Long Batteries Industrial Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kung Long Batteries Industrial Co's current ROC (Joel Greenblatt) % is 41.62%, which is near median its own 10-year median of 42.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Long Batteries Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co (TPE:1537) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.15, compared to a current price of NT$128.00 — trading 0.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 41.62%, which is near median its 10-year median of 42.10 and 254.4% above the Industrial Products industry median of 11.75. Kung Long Batteries Industrial Co's overall GF Score™ is 78/100 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 Kung Long Batteries Industrial Co (TPE:1537), the current ROC (Joel Greenblatt) % is 41.62% 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 Kung Long Batteries Industrial Co (TPE:1537) Overvalued in 2026?
Based on GuruFocus' analysis, Kung Long Batteries Industrial Co stock appears to be undervalued.
The current stock price of NT$128.00 is trading 0.1% below its estimated GF Value™ of NT$128.15.
GuruFocus considers Kung Long Batteries Industrial Co to be Fairly Valued.
Key valuation signals for TPE:1537:
ROC (Joel Greenblatt) %: 41.62% (near median its 10-year median of 42.10)
GF Value™: NT$128.15 vs. price of NT$128.00 (0.1% below fair value)
Industry Position: 254.4% above the Industrial Products median (#486 of 3066)
No single metric tells the full story. See the TPE:1537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kung Long Batteries Industrial Co Business Description
Kung Long Batteries Industrial Co Ltd is a Taiwan-based company. The company is predominantly engaged in the manufacture and sale of lead-acid batteries. The company has production facilities in Taiwan and Vietnam. The products are offered for a wide range of applications: multipurpose, cycling high-power, electric car, deep-cycle, renewable energy, and solar energy. Its reportable segments are Vietnam, which generates maximum revenue, and Taiwan.
78GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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