T3EX Global Holdings (TPE:2636) ROC (Joel Greenblatt) %: 73.00% (As of Dec. 2025) — 21% Above Median

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TPE:2636 T3EX Global Holdings Corp TPE:2636
67 GF Score
Price NT$65.60
GF Value NT$73.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is T3EX Global Holdings ROC (Joel Greenblatt) %?

T3EX Global Holdings TPE:2636 -0.46% 67 ROC (Joel Greenblatt) % is 73.00% as of Dec. 2025, which is 21% above its 10-year median of 60.16. GuruFocus rates TPE:2636 with a GF Score™ of 67/100 and a GF Value™ of NT$73.29 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 999 Transportation companies, T3EX Global Holdings ranks better than 93.49% 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. T3EX Global Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 73.00%.

The historical rank and industry rank for T3EX Global Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:2636' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.92   Med: 60.16   Max: 381.46
Current: 76.17

During the past 13 years, T3EX Global Holdings's highest ROC (Joel Greenblatt) % was 381.46%. The lowest was 26.92%. And the median was 60.16%.

TPE:2636's ROC (Joel Greenblatt) % is ranked better than
93.49% of 999 companies
in the Transportation industry
Industry Median: 11.71 vs TPE:2636: 76.17

T3EX Global Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.60% per year.


T3EX Global Holdings  (TPE:2636) 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.


T3EX Global Holdings ROC (Joel Greenblatt) % Related Terms


T3EX Global Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for T3EX Global Holdings'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.

T3EX Global Holdings ROC (Joel Greenblatt) % Chart

T3EX Global Holdings 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 381.46 325.13 132.74 83.39 71.51

T3EX Global Holdings 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 65.73 75.00 103.60 58.43 73.00

TPE:2636 vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, T3EX Global Holdings'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.


T3EX Global Holdings ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, T3EX Global Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where T3EX Global Holdings's ROC (Joel Greenblatt) % falls into.


TPE:2636
67GF Score
T3EX Global Holdings Corp TPE:2636
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T3EX Global Holdings 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)
=(3122.287 + 0 + 319.348) - (2640.691 + 0 + 67.624)
=733.32

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3181.944 + 0 + 358.821) - (2983.065 + 0 + 108.314)
=449.386

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of T3EX Global Holdings 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 )
=1323.692/( ( (1192.628 + max(733.32, 0)) + (1251.12 + max(449.386, 0)) )/ 2 )
=1323.692/( ( 1925.948 + 1700.506 )/ 2 )
=1323.692/1813.227
=73.00 %

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 73.00% mean?
T3EX Global Holdings (TPE:2636) has a ROC (Joel Greenblatt) % of 73.00% 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 T3EX Global Holdings and its competitors. This is 21% above median its historical median of 60.16. Over the past decade, T3EX Global Holdings' ROC (Joel Greenblatt) % has ranged from 26.92 to 381.46. According to the industry distribution chart, T3EX Global Holdings ranks #65 out of 999 companies in the Transportation industry, placing it in the top 6.5%.
Is T3EX Global Holdings' ROC (Joel Greenblatt) % too high?
T3EX Global Holdings' current ROC (Joel Greenblatt) % of 73.00% is 21% above median its 10-year median of 60.16. Over the past 10 years, this metric has ranged from a low of 26.92 to a high of 381.46. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. T3EX Global Holdings' value of 73.00% is 523.4% above this industry median. Based on the distribution chart, T3EX Global Holdings ranks #65 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, T3EX Global Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T3EX Global Holdings' ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, T3EX Global Holdings ranks #65 out of 999 companies for ROC (Joel Greenblatt) %. This places T3EX Global Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.71. T3EX Global Holdings' value of 73.00% is 523.4% above this benchmark. Historically, T3EX Global Holdings' own ROC (Joel Greenblatt) % has ranged from 26.92 to 381.46 over the past decade. While the company's 10-year median is 60.16 vs. the industry median of 11.71, T3EX Global Holdings 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 999 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. T3EX Global Holdings's current ROC (Joel Greenblatt) % of 73.00% is 523.4% 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 T3EX Global Holdings and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T3EX Global Holdings's current ROC (Joel Greenblatt) % is 73.00%, which is 21% above median its own 10-year median of 60.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T3EX Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, T3EX Global Holdings (TPE:2636) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$73.29, compared to a current price of NT$65.60 — trading 10.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 73.00%, which is 21% above median its 10-year median of 60.16 and 523.4% above the Transportation industry median of 11.71. T3EX Global Holdings' overall GF Score™ is 67/100 with 5 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 T3EX Global Holdings (TPE:2636), the current ROC (Joel Greenblatt) % is 73.00% 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 T3EX Global Holdings (TPE:2636) Overvalued in 2026?

Based on GuruFocus' analysis, T3EX Global Holdings stock appears to be undervalued. The current stock price of NT$65.60 is trading 10.5% below its estimated GF Value™ of NT$73.29. GuruFocus considers T3EX Global Holdings to be Modestly Undervalued.

Key valuation signals for TPE:2636:

  • ROC (Joel Greenblatt) %: 73.00% (21% above median its 10-year median of 60.16)
  • GF Value™: NT$73.29 vs. price of NT$65.60 (10.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 523.4% above the Transportation median (#65 of 999)

No single metric tells the full story. See the TPE:2636 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T3EX Global Holdings Business Description

Address Zhongxiao East Road, Xinyi District, 12th Floor, No. 563, Section 4, Taipei, TWN, 11072
T3EX Global Holdings Corp is a provider of freight and logistics services. It provides services like sea, and air freight forwarding, distribution, packaging, warehousing, logistics, and customs clearance. The Company's reportable operating segments are the sea forwarding, air forwarding segments and freight forwarding. The majority of revenue is derived from the sea export segment.
67GF Score

Get the complete analysis for TPE:2636

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

NT$65.60
Price
NT$73.29
GF Value