China Bills Finance (TPE:2820) ROC (Joel Greenblatt) %: % (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2820 China Bills Finance Corp TPE:2820
62 GF Score
Price NT$16.55
GF Value NT$24.57
Valuation Significantly Undervalued
! 2 Warning Signs
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What is China Bills Finance ROC (Joel Greenblatt) %?

China Bills Finance TPE:2820 62 ROC (Joel Greenblatt) % is % as of Dec. 2025. GuruFocus rates TPE:2820 with a GF Score™ of 62/100 and a GF Value™ of NT$24.57 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 677 Capital Markets companies, China Bills Finance ranks worse than 147710.34% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

TPE:2820
62GF Score
China Bills Finance Corp TPE:2820
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a ROC (Joel Greenblatt) % of % mean?
China Bills Finance (TPE:2820) has a ROC (Joel Greenblatt) % of % 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 China Bills Finance and its competitors. According to the industry distribution chart, China Bills Finance ranks #999999 out of 677 companies in the Capital Markets industry.
Is China Bills Finance's ROC (Joel Greenblatt) % too high?
China Bills Finance's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, China Bills Finance ranks #999999 out of 677 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, China Bills Finance has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bills Finance's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Bills Finance ranks #999999 out of 677 companies for ROC (Joel Greenblatt) %. This places China Bills Finance in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.76. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.76, based on 677 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. 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 China Bills Finance and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Bills Finance's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bills Finance stock overvalued right now?
Based on GuruFocus' analysis, China Bills Finance (TPE:2820) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$24.57, compared to a current price of NT$16.55 — trading 32.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. China Bills Finance's overall GF Score™ is 62/100 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 China Bills Finance (TPE:2820), the current ROC (Joel Greenblatt) % is % 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 China Bills Finance (TPE:2820) Overvalued in 2026?

Based on GuruFocus' analysis, China Bills Finance stock appears to be undervalued. The current stock price of NT$16.55 is trading 32.6% below its estimated GF Value™ of NT$24.57. GuruFocus considers China Bills Finance to be Significantly Undervalued.

Key valuation signals for TPE:2820:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: NT$24.57 vs. price of NT$16.55 (32.6% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TPE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Bills Finance Business Description

Address Tiding Boulevard, 4th Floor, No. 99, Sec. 2, Neihu District, Taipei, TWN, 11493
China Bills Finance Corp focuses on corporate financing and fixed-income commodities. The company's business activities consist of certifying and underwriting of short-term bills and bank debentures; brokering or undertaking proprietary trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; providing financial consulting services to enterprises; processing interbank call loans; equity investments; fixed-income security trading; (h) foreign-currency bills investment; and doing other businesses as authorized by relevant authorities. Its business is concentrated in Taiwan.
62GF Score

Get the complete analysis for TPE:2820

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

NT$16.55
Price
NT$24.57
GF Value