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Pan Jit InternationalTPE:2481 +3.08%66 ROC (Joel Greenblatt) % is 16.11% as of Mar. 2026, which is 34% above its 10-year median of 12.01. GuruFocus rates TPE:2481 with a GF Score™ of 66/100 and a GF Value™ of NT$70.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,027 Semiconductors companies, Pan Jit International ranks better than 61.44% 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. Pan Jit International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.11%.
The historical rank and industry rank for Pan Jit International's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:2481'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.41 Med: 12.01 Max: 27.63
Current: 16.79
During the past 13 years, Pan Jit International's highest ROC (Joel Greenblatt) % was 27.63%. The lowest was 3.41%. And the median was 12.01%.
TPE:2481's ROC (Joel Greenblatt) % is ranked better than 61.44% of 1027
companies
in the Semiconductors industry
Industry Median: 8.61
vs TPE:2481: 16.79
Pan Jit International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.20% per year.
Pan Jit International (TPE:2481) 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.
Pan Jit International ROC (Joel Greenblatt) % Related Terms
Pan Jit International ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pan Jit International'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.
Pan Jit International ROC (Joel Greenblatt) % Chart
TPE:2481 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, Pan Jit International'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.
Pan Jit International ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Pan Jit International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pan Jit International's ROC (Joel Greenblatt) % falls into.
Pan Jit International 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 (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 16.11% mean?
Pan Jit International (TPE:2481) has a ROC (Joel Greenblatt) % of 16.11% 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 Pan Jit International and its competitors. This is 34% above median its historical median of 12.01. Over the past decade, Pan Jit International's ROC (Joel Greenblatt) % has ranged from 3.41 to 27.63. According to the industry distribution chart, Pan Jit International ranks #396 out of 1027 companies in the Semiconductors industry, placing it in the top 38.6%.
Is Pan Jit International's ROC (Joel Greenblatt) % too high?
Pan Jit International's current ROC (Joel Greenblatt) % of 16.11% is 34% above median its 10-year median of 12.01. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 27.63. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.61. Pan Jit International's value of 16.11% is 87.1% above this industry median. Based on the distribution chart, Pan Jit International ranks #396 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Pan Jit International has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Jit International's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Pan Jit International ranks #396 out of 1027 companies for ROC (Joel Greenblatt) %. This puts Pan Jit International in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.61. Pan Jit International's value of 16.11% is 87.1% above this benchmark. Historically, Pan Jit International's own ROC (Joel Greenblatt) % has ranged from 3.41 to 27.63 over the past decade. While the company's 10-year median is 12.01 vs. the industry median of 8.61, Pan Jit International 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.61, based on 1,027 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. Pan Jit International's current ROC (Joel Greenblatt) % of 16.11% is 87.1% 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 Pan Jit International and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Jit International's current ROC (Joel Greenblatt) % is 16.11%, which is 34% above median its own 10-year median of 12.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Jit International stock overvalued right now?
Based on GuruFocus' analysis, Pan Jit International (TPE:2481) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$70.57, compared to a current price of NT$134.00 — trading 89.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.11%, which is 34% above median its 10-year median of 12.01 and 87.1% above the Semiconductors industry median of 8.61. Pan Jit International's overall GF Score™ is 66/100 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 Pan Jit International (TPE:2481), the current ROC (Joel Greenblatt) % is 16.11% 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 Pan Jit International (TPE:2481) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Jit International stock appears to be overvalued.
The current stock price of NT$134.00 is trading 89.9% above its estimated GF Value™ of NT$70.57.
GuruFocus considers Pan Jit International to be Significantly Overvalued.
Key valuation signals for TPE:2481:
ROC (Joel Greenblatt) %: 16.11% (34% above median its 10-year median of 12.01)
GF Value™: NT$70.57 vs. price of NT$134.00 (89.9% above fair value)
Industry Position: 87.1% above the Semiconductors median (#396 of 1027)
No single metric tells the full story. See the TPE:2481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Jit International Inc is engaged in the manufacturing, processing, assembly, and import and export of semiconductors. The company also assembles, trades, and transfers technological advancements of machinery parts, and it also trades resins and paints for semiconductors. Its products include: Power Management ICs, Signal Chain ICs, MOSFETs, Motor Control ICs, and others. The company's operating segments include Power Discrete, Power IC and components, and Solar. The majority of its revenue is generated from the Power Discrete segment, which is engaged in manufacturing and selling wafers, power components, and control modules. Geographically, the company generates key revenue from China (including Hong Kong) and the rest from Taiwan, Korea, Germany, Italy, and other countries.
66GF Score
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