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Goldsun Building Materials CoTPE:2504 +0.63%78 ROC (Joel Greenblatt) % is 20.22% as of Dec. 2025, which is 4% below its 10-year median of 21.04. GuruFocus rates TPE:2504 with a GF Score™ of 78/100 and a GF Value™ of NT$37.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 407 Building Materials companies, Goldsun Building Materials Co ranks better than 79.61% 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. Goldsun Building Materials Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 20.22%.
The historical rank and industry rank for Goldsun Building Materials Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:2504'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -30.85 Med: 21.04 Max: 35.47
Current: 21.81
During the past 13 years, Goldsun Building Materials Co's highest ROC (Joel Greenblatt) % was 35.47%. The lowest was -30.85%. And the median was 21.04%.
TPE:2504's ROC (Joel Greenblatt) % is ranked better than 79.61% of 407
companies
in the Building Materials industry
Industry Median: 8.57
vs TPE:2504: 21.81
Goldsun Building Materials Co (TPE:2504) 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.
Goldsun Building Materials Co ROC (Joel Greenblatt) % Chart
TPE:2504 vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Goldsun Building Materials 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.
Goldsun Building Materials Co ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Goldsun Building Materials Co's ROC (Joel Greenblatt) % falls into.
Goldsun Building Materials 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 20.22% mean?
Goldsun Building Materials Co (TPE:2504) has a ROC (Joel Greenblatt) % of 20.22% 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 Goldsun Building Materials Co and its competitors. This is near median its historical median of 21.04. According to the industry distribution chart, Goldsun Building Materials Co ranks #83 out of 407 companies in the Building Materials industry, placing it in the top 20.4%.
Is Goldsun Building Materials Co's ROC (Joel Greenblatt) % too high?
Goldsun Building Materials Co's current ROC (Joel Greenblatt) % of 20.22% is near median its 10-year median of 21.04. The Building Materials industry median ROC (Joel Greenblatt) % is 8.57. Goldsun Building Materials Co's value of 20.22% is 135.9% above this industry median. Based on the distribution chart, Goldsun Building Materials Co ranks #83 out of 407 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Goldsun Building Materials Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldsun Building Materials Co's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Goldsun Building Materials Co ranks #83 out of 407 companies for ROC (Joel Greenblatt) %. This places Goldsun Building Materials Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.57. Goldsun Building Materials Co's value of 20.22% is 135.9% above this benchmark. While the company's 10-year median is 21.04 vs. the industry median of 8.57, Goldsun Building Materials 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 a Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.57, based on 407 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. Goldsun Building Materials Co's current ROC (Joel Greenblatt) % of 20.22% is 135.9% 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 Goldsun Building Materials Co and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldsun Building Materials Co's current ROC (Joel Greenblatt) % is 20.22%, which is near median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsun Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Goldsun Building Materials Co (TPE:2504) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.39, compared to a current price of NT$31.90 — trading 14.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.22%, which is near median its 10-year median of 21.04 and 135.9% above the Building Materials industry median of 8.57. Goldsun Building Materials Co's overall GF Score™ is 78/100 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 Goldsun Building Materials Co (TPE:2504), the current ROC (Joel Greenblatt) % is 20.22% 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 Goldsun Building Materials Co (TPE:2504) Overvalued in 2026?
Based on GuruFocus' analysis, Goldsun Building Materials Co stock appears to be undervalued.
The current stock price of NT$31.90 is trading 14.7% below its estimated GF Value™ of NT$37.39.
GuruFocus considers Goldsun Building Materials Co to be Modestly Undervalued.
Key valuation signals for TPE:2504:
ROC (Joel Greenblatt) %: 20.22% (near median its 10-year median of 21.04)
GF Value™: NT$37.39 vs. price of NT$31.90 (14.7% below fair value)
Industry Position: 135.9% above the Building Materials median (#83 of 407)
No single metric tells the full story. See the TPE:2504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldsun Building Materials Co Business Description
Goldsun Building Materials Co Ltd is a Taiwan-based company that produces and distributes ready-mixed concretes and cement and and building rental. The company has reporting segments namely Pre-mixed concrete Segment in Taiwan, Pre-mixed concrete Segment in Mainland China and Others. The company generates a majority of its sales from the Taiwan market.
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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