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Acer GadgetTPE:2432 52 ROC (Joel Greenblatt) % is 1,078.65% as of Dec. 2025, which is 103% above its 10-year median of 531.86. GuruFocus rates TPE:2432 with a GF Score™ of 52/100 and a GF Value™ of NT$51.28 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Acer Gadget ranks better than 99.08% 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. Acer Gadget's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,078.65%.
The historical rank and industry rank for Acer Gadget's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:2432'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -347.31 Med: 531.86 Max: 4402.37
Current: 591.22
During the past 7 years, Acer Gadget's highest ROC (Joel Greenblatt) % was 4402.37%. The lowest was -347.31%. And the median was 531.86%.
TPE:2432's ROC (Joel Greenblatt) % is ranked better than 99.08% of 2491
companies
in the Hardware industry
Industry Median: 10.43
vs TPE:2432: 591.22
Acer Gadget's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Acer Gadget ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Acer Gadget'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:2432 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Acer Gadget'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.
Acer Gadget ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Acer Gadget's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Acer Gadget'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 1,078.65% mean?
Acer Gadget (TPE:2432) has a ROC (Joel Greenblatt) % of 1,078.65% 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 Acer Gadget and its competitors. This is 103% above median its historical median of 531.86. According to the industry distribution chart, Acer Gadget ranks #23 out of 2491 companies in the Hardware industry, placing it in the top 0.90000000000001%.
Is Acer Gadget's ROC (Joel Greenblatt) % too high?
Acer Gadget's current ROC (Joel Greenblatt) % of 1,078.65% is 103% above median its 10-year median of 531.86. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. Acer Gadget's value of 1,078.65% is 10241.8% above this industry median. Based on the distribution chart, Acer Gadget ranks #23 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Acer Gadget has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acer Gadget's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Acer Gadget ranks #23 out of 2491 companies for ROC (Joel Greenblatt) %. This places Acer Gadget in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.43. Acer Gadget's value of 1,078.65% is 10241.8% above this benchmark. While the company's 10-year median is 531.86 vs. the industry median of 10.43, Acer Gadget 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.43, based on 2,491 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. Acer Gadget's current ROC (Joel Greenblatt) % of 1,078.65% is 10241.8% 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 Acer Gadget and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer Gadget's current ROC (Joel Greenblatt) % is 1,078.65%, which is 103% above median its own 10-year median of 531.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer Gadget stock overvalued right now?
Based on GuruFocus' analysis, Acer Gadget (TPE:2432) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.28, compared to a current price of NT$28.35 — trading 44.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,078.65%, which is 103% above median its 10-year median of 531.86 and 10241.8% above the Hardware industry median of 10.43. Acer Gadget's overall GF Score™ is 52/100 with 4 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 Acer Gadget (TPE:2432), the current ROC (Joel Greenblatt) % is 1,078.65% 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 Acer Gadget (TPE:2432) Overvalued in 2026?
Based on GuruFocus' analysis, Acer Gadget stock appears to be undervalued.
The current stock price of NT$28.35 is trading 44.7% below its estimated GF Value™ of NT$51.28.
GuruFocus considers Acer Gadget to be Possible Value Trap.
Key valuation signals for TPE:2432:
ROC (Joel Greenblatt) %: 1,078.65% (103% above median its 10-year median of 531.86)
GF Value™: NT$51.28 vs. price of NT$28.35 (44.7% below fair value)
Industry Position: 10241.8% above the Hardware median (#23 of 2491)
No single metric tells the full story. See the TPE:2432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acer Gadget Inc mainly engages in telecom value-added network business, the design, sales, and lease of computer software and hardware application systems, and the sales of computer peripherals and smart life products. Its segments include the Smart Devices and Value-Added Trading Division, which generates maximum revenue and mainly engages in gaming and non-gaming products, computer peripherals, and smart life products, the Fashion Division, which engages in bags, apparel, luggage, and accessories, the Smart Mobility Division, which engages in e-Scooters and e-Bikes, and the Solutions Division, which engages in system planning, development, maintenance, operation, and service promotion. The company generates maximum revenue from China.
52GF 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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