Chun Yu WorksTPE:2012 -0.61%61 ROC (Joel Greenblatt) % is 3.84% as of Dec. 2025, which is 58% below its 10-year median of 9.13. GuruFocus rates TPE:2012 with a GF Score™ of 61/100 and a GF Value™ of NT$19.19 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 632 Steel companies, Chun Yu Works ranks worse than 57.91% 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. Chun Yu Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.84%.
The historical rank and industry rank for Chun Yu Works's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:2012'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.73 Med: 9.13 Max: 16.07
Current: 4.89
During the past 13 years, Chun Yu Works's highest ROC (Joel Greenblatt) % was 16.07%. The lowest was 4.73%. And the median was 9.13%.
TPE:2012's ROC (Joel Greenblatt) % is ranked worse than 57.91% of 632
companies
in the Steel industry
Industry Median: 6.95
vs TPE:2012: 4.89
Chun Yu Works's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.60% per year.
Chun Yu Works (TPE:2012) 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.
Chun Yu Works ROC (Joel Greenblatt) % Related Terms
Chun Yu Works ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Chun Yu Works'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:2012 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Chun Yu Works'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.
Chun Yu Works ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Chun Yu Works's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chun Yu Works'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 (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 3.84% mean?
Chun Yu Works (TPE:2012) has a ROC (Joel Greenblatt) % of 3.84% 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 Chun Yu Works and its competitors. This is 58% below median its historical median of 9.13. Over the past decade, Chun Yu Works' ROC (Joel Greenblatt) % has ranged from 4.73 to 16.07. According to the industry distribution chart, Chun Yu Works ranks #366 out of 632 companies in the Steel industry, placing it in the top 57.9%.
Is Chun Yu Works' ROC (Joel Greenblatt) % too high?
Chun Yu Works' current ROC (Joel Greenblatt) % of 3.84% is 58% below median its 10-year median of 9.13. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 16.07. The Steel industry median ROC (Joel Greenblatt) % is 6.95. Chun Yu Works' value of 3.84% is 44.7% below this industry median. Based on the distribution chart, Chun Yu Works ranks #366 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Chun Yu Works has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chun Yu Works' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Chun Yu Works ranks #366 out of 632 companies for ROC (Joel Greenblatt) %. This places Chun Yu Works in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.95. Chun Yu Works' value of 3.84% is 44.7% below this benchmark. Historically, Chun Yu Works' own ROC (Joel Greenblatt) % has ranged from 4.73 to 16.07 over the past decade. While the company's 10-year median is 9.13 vs. the industry median of 6.95, Chun Yu Works 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 6.95, based on 632 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. Chun Yu Works's current ROC (Joel Greenblatt) % of 3.84% is 44.7% 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 Chun Yu Works and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chun Yu Works's current ROC (Joel Greenblatt) % is 3.84%, which is 58% below median its own 10-year median of 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chun Yu Works stock overvalued right now?
Based on GuruFocus' analysis, Chun Yu Works (TPE:2012) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.19, compared to a current price of NT$16.35 — trading 14.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.84%, which is 58% below median its 10-year median of 9.13 and 44.7% below the Steel industry median of 6.95. Chun Yu Works' overall GF Score™ is 61/100 with 10 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 Chun Yu Works (TPE:2012), the current ROC (Joel Greenblatt) % is 3.84% 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 Chun Yu Works (TPE:2012) Overvalued in 2026?
Based on GuruFocus' analysis, Chun Yu Works stock appears to be undervalued.
The current stock price of NT$16.35 is trading 14.8% below its estimated GF Value™ of NT$19.19.
GuruFocus considers Chun Yu Works to be Modestly Undervalued.
Key valuation signals for TPE:2012:
ROC (Joel Greenblatt) %: 3.84% (58% below median its 10-year median of 9.13)
GF Value™: NT$19.19 vs. price of NT$16.35 (14.8% below fair value)
Industry Position: 44.7% below the Steel median (#366 of 632)
No single metric tells the full story. See the TPE:2012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chun Yu Works & Co Ltd manufactures steel products. The Company is engaged in the manufacture and sales of screws, nuts and wire rods, and other related products. The company's product portfolio comprises aerospace fasteners and medical equipment, automotive fasteners, cold drown wire and annealing wire, bolts, nuts, and self-tapping screws, and others. The group's reportable segment consists of the Screw segment; mainly engaged in the manufacture, process, and trade of screws and nuts. This segment generates the majority of the revenue. The machinery segment is engaged in the manufacture, assembly, and trade of machine tools and chemical machinery. The investment segment engages in general investment.
61GF Score
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