I-Chiun Precision Industry Co (TPE:2486) ROC (Joel Greenblatt) %: 4.91% (As of Mar. 2026)

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TPE:2486 I-Chiun Precision Industry Co Ltd TPE:2486
50 GF Score
Price NT$227.50
GF Value NT$91.18
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is I-Chiun Precision Industry Co ROC (Joel Greenblatt) %?

I-Chiun Precision Industry Co TPE:2486 +3.88% 50 ROC (Joel Greenblatt) % is 4.91% as of Mar. 2026. GuruFocus rates TPE:2486 with a GF Score™ of 50/100 and a GF Value™ of NT$91.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,491 Hardware companies, I-Chiun Precision Industry Co ranks worse than 64.75% 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. I-Chiun Precision Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.91%.

The historical rank and industry rank for I-Chiun Precision Industry Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:2486' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.96   Med: -0.23   Max: 11.36
Current: 3.01

During the past 13 years, I-Chiun Precision Industry Co's highest ROC (Joel Greenblatt) % was 11.36%. The lowest was -6.96%. And the median was -0.23%.

TPE:2486's ROC (Joel Greenblatt) % is ranked worse than
64.75% of 2491 companies
in the Hardware industry
Industry Median: 10.43 vs TPE:2486: 3.01

I-Chiun Precision Industry Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


I-Chiun Precision Industry Co  (TPE:2486) 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.


I-Chiun Precision Industry Co ROC (Joel Greenblatt) % Related Terms


I-Chiun Precision Industry Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for I-Chiun Precision Industry 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.

I-Chiun Precision Industry Co ROC (Joel Greenblatt) % Chart

I-Chiun Precision Industry 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 11.36 3.90 6.68 2.00 2.30

I-Chiun Precision Industry 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 1.91 -2.23 5.06 3.88 4.91

TPE:2486 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, I-Chiun Precision Industry 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.


I-Chiun Precision Industry Co ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, I-Chiun Precision Industry Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where I-Chiun Precision Industry Co's ROC (Joel Greenblatt) % falls into.


TPE:2486
50GF Score
I-Chiun Precision Industry Co Ltd TPE:2486
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

I-Chiun Precision Industry 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)
=(2625.764 + 1468.408 + 115.997) - (1121.978 + 0 + 96.321)
=2991.87

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2540.821 + 1799.548 + 175.769) - (1474.916 + 0 + 68.507)
=2972.715

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of I-Chiun Precision Industry 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 )
=471.264/( ( (5810.814 + max(2991.87, 0)) + (7422.871 + max(2972.715, 0)) )/ 2 )
=471.264/( ( 8802.684 + 10395.586 )/ 2 )
=471.264/9599.135
=4.91 %

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 4.91% mean?
I-Chiun Precision Industry Co (TPE:2486) has a ROC (Joel Greenblatt) % of 4.91% 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 I-Chiun Precision Industry Co and its competitors. According to the industry distribution chart, I-Chiun Precision Industry Co ranks #1613 out of 2491 companies in the Hardware industry, placing it in the top 64.8%.
Is I-Chiun Precision Industry Co's ROC (Joel Greenblatt) % too high?
I-Chiun Precision Industry Co's current ROC (Joel Greenblatt) % is 4.91%. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. I-Chiun Precision Industry Co's value of 4.91% is 52.9% below this industry median. Based on the distribution chart, I-Chiun Precision Industry Co ranks #1613 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, I-Chiun Precision Industry Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does I-Chiun Precision Industry Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, I-Chiun Precision Industry Co ranks #1613 out of 2491 companies for ROC (Joel Greenblatt) %. This places I-Chiun Precision Industry Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.43. I-Chiun Precision Industry Co's value of 4.91% is 52.9% below this benchmark. 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. I-Chiun Precision Industry Co's current ROC (Joel Greenblatt) % of 4.91% is 52.9% 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 I-Chiun Precision Industry Co 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. I-Chiun Precision Industry Co's current ROC (Joel Greenblatt) % is 4.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Chiun Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, I-Chiun Precision Industry Co (TPE:2486) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$91.18, compared to a current price of NT$227.50 — trading 149.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.91% and 52.9% below the Hardware industry median of 10.43. I-Chiun Precision Industry Co's overall GF Score™ is 50/100 with 7 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 I-Chiun Precision Industry Co (TPE:2486), the current ROC (Joel Greenblatt) % is 4.91% 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 I-Chiun Precision Industry Co (TPE:2486) Overvalued in 2026?

Based on GuruFocus' analysis, I-Chiun Precision Industry Co stock appears to be overvalued. The current stock price of NT$227.50 is trading 149.5% above its estimated GF Value™ of NT$91.18. GuruFocus considers I-Chiun Precision Industry Co to be Significantly Overvalued.

Key valuation signals for TPE:2486:

  • ROC (Joel Greenblatt) %: 4.91%
  • GF Value™: NT$91.18 vs. price of NT$227.50 (149.5% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 52.9% below the Hardware median (#1613 of 2491)

No single metric tells the full story. See the TPE:2486 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Chiun Precision Industry Co Business Description

Address No. 28, Xinzhi 8th Road, Xinzhuang District, New Taipei, TWN, 24890
I-Chiun Precision Industry Co Ltd is mainly engaged in the manufacturing, processing, and trading of machinery and parts, electronic parts, parts for appliances, semiconductor LED lead frames, precision molds, etc., as well as relevant import and export trade, and real estate leasing business. The Geographical presence of the company in China, Taiwan, and Other countries. The majority of its revenue is generated from China.
50GF Score

Get the complete analysis for TPE:2486

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

NT$227.50
Price
NT$91.18
GF Value