Da Cin Construction Co (TPE:2535) ROC (Joel Greenblatt) %: 83.96% (As of Dec. 2025) — 45% Above Median

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TPE:2535 Da Cin Construction Co Ltd TPE:2535
81 GF Score
Price NT$86.40
GF Value NT$83.01
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Da Cin Construction Co ROC (Joel Greenblatt) %?

Da Cin Construction Co TPE:2535 +0.12% 81 ROC (Joel Greenblatt) % is 83.96% as of Dec. 2025, which is 45% above its 10-year median of 58.08. GuruFocus rates TPE:2535 with a GF Score™ of 81/100 and a GF Value™ of NT$83.01 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,780 Construction companies, Da Cin Construction Co ranks better than 77.53% 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. Da Cin Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 83.96%.

The historical rank and industry rank for Da Cin Construction Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:2535' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.51   Med: 58.08   Max: 275.76
Current: 53.14

During the past 13 years, Da Cin Construction Co's highest ROC (Joel Greenblatt) % was 275.76%. The lowest was 24.51%. And the median was 58.08%.

TPE:2535's ROC (Joel Greenblatt) % is ranked better than
77.53% of 1780 companies
in the Construction industry
Industry Median: 19.86 vs TPE:2535: 53.14

Da Cin Construction Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.50% per year.


Da Cin Construction Co  (TPE:2535) 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.


Da Cin Construction Co ROC (Joel Greenblatt) % Related Terms


Da Cin Construction Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Da Cin Construction 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.

Da Cin Construction Co ROC (Joel Greenblatt) % Chart

Da Cin Construction 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 275.76 215.99 66.18 35.97 50.73

Da Cin Construction Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 40.82 35.18 47.21 59.46 83.96

TPE:2535 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Da Cin Construction 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.


Da Cin Construction Co ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Da Cin Construction Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Da Cin Construction Co's ROC (Joel Greenblatt) % falls into.


TPE:2535
81GF Score
Da Cin Construction Co Ltd TPE:2535
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Cin Construction 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1599.819 + 9410.863 + 1206.92) - (6114.971 + 0 + 3386.109)
=2716.522

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1409.357 + 9762.479 + 1400.37) - (6201.085 + 0 + 4433.68)
=1937.441

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Da Cin Construction Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2698.224/( ( (890.522 + max(2716.522, 0)) + (883.08 + max(1937.441, 0)) )/ 2 )
=2698.224/( ( 3607.044 + 2820.521 )/ 2 )
=2698.224/3213.7825
=83.96 %

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 83.96% mean?
Da Cin Construction Co (TPE:2535) has a ROC (Joel Greenblatt) % of 83.96% 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 Da Cin Construction Co and its competitors. This is 45% above median its historical median of 58.08. Over the past decade, Da Cin Construction Co's ROC (Joel Greenblatt) % has ranged from 24.51 to 275.76. According to the industry distribution chart, Da Cin Construction Co ranks #400 out of 1780 companies in the Construction industry, placing it in the top 22.5%.
Is Da Cin Construction Co's ROC (Joel Greenblatt) % too high?
Da Cin Construction Co's current ROC (Joel Greenblatt) % of 83.96% is 45% above median its 10-year median of 58.08. Over the past 10 years, this metric has ranged from a low of 24.51 to a high of 275.76. The Construction industry median ROC (Joel Greenblatt) % is 19.86. Da Cin Construction Co's value of 83.96% is 322.8% above this industry median. Based on the distribution chart, Da Cin Construction Co ranks #400 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Da Cin Construction Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Da Cin Construction Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Da Cin Construction Co ranks #400 out of 1780 companies for ROC (Joel Greenblatt) %. This places Da Cin Construction Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.86. Da Cin Construction Co's value of 83.96% is 322.8% above this benchmark. Historically, Da Cin Construction Co's own ROC (Joel Greenblatt) % has ranged from 24.51 to 275.76 over the past decade. While the company's 10-year median is 58.08 vs. the industry median of 19.86, Da Cin Construction 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.86, based on 1,780 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. Da Cin Construction Co's current ROC (Joel Greenblatt) % of 83.96% is 322.8% 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 Da Cin Construction Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Cin Construction Co's current ROC (Joel Greenblatt) % is 83.96%, which is 45% above median its own 10-year median of 58.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Cin Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Da Cin Construction Co (TPE:2535) is currently considered Fairly Valued. The stock's GF Value™ is NT$83.01, compared to a current price of NT$86.40 — trading 4.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 83.96%, which is 45% above median its 10-year median of 58.08 and 322.8% above the Construction industry median of 19.86. Da Cin Construction Co's overall GF Score™ is 81/100 with 9 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 Da Cin Construction Co (TPE:2535), the current ROC (Joel Greenblatt) % is 83.96% 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 Da Cin Construction Co (TPE:2535) Overvalued in 2026?

Based on GuruFocus' analysis, Da Cin Construction Co stock appears to be overvalued. The current stock price of NT$86.40 is trading 4.1% above its estimated GF Value™ of NT$83.01. GuruFocus considers Da Cin Construction Co to be Fairly Valued.

Key valuation signals for TPE:2535:

  • ROC (Joel Greenblatt) %: 83.96% (45% above median its 10-year median of 58.08)
  • GF Value™: NT$83.01 vs. price of NT$86.40 (4.1% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 322.8% above the Construction median (#400 of 1780)

No single metric tells the full story. See the TPE:2535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Da Cin Construction Co Business Description

Address 9th Floor, Dunhua South Road, No 92, Section 2, Da\'an District, Taipei, TWN, 106
Da Cin Construction Co Ltd engages mainly in civil engineering, building construction, and the management of and investment in related businesses. It provides integrated services in land development, planning and design and system integration. Its segments include the Engineering Department consists of contracting and construction of civil engineering and construction projects; and the Construction Department consists of entrust construction companies to build housing and other related businesses. The majority of revenue is derived from the Engineering Department segment. It operates in four principal geographical areas - Taiwan, Singapore, Malaysia and Vietnam with the majority of revenue from Taiwan.
81GF Score

Get the complete analysis for TPE:2535

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

NT$86.40
Price
NT$83.01
GF Value