Taiwan Tea (TPE:2913) ROC (Joel Greenblatt) %: -0.04% (As of Dec. 2025)

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TPE:2913 Taiwan Tea Corp TPE:2913
59 GF Score
Price NT$11.20
GF Value NT$26.29
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Taiwan Tea ROC (Joel Greenblatt) %?

Taiwan Tea TPE:2913 59 ROC (Joel Greenblatt) % is -0.04% as of Dec. 2025. GuruFocus rates TPE:2913 with a GF Score™ of 59/100 and a GF Value™ of NT$26.29 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,978 Consumer Packaged Goods companies, Taiwan Tea ranks worse than 77.7% 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. Taiwan Tea's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.04%.

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

TPE:2913' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20.32   Med: -0.33   Max: 12.31
Current: 0.16

During the past 13 years, Taiwan Tea's highest ROC (Joel Greenblatt) % was 12.31%. The lowest was -20.32%. And the median was -0.33%.

TPE:2913's ROC (Joel Greenblatt) % is ranked worse than
77.7% of 1978 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs TPE:2913: 0.16

Taiwan Tea's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Taiwan Tea  (TPE:2913) 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.


Taiwan Tea ROC (Joel Greenblatt) % Related Terms


Taiwan Tea ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Taiwan Tea'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.

Taiwan Tea ROC (Joel Greenblatt) % Chart

Taiwan Tea 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 -14.06 -20.32 -2.35 -0.67 0.16

Taiwan Tea 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 -0.46 0.22 0.00 0.44 -0.04

TPE:2913 vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Taiwan Tea'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.


Taiwan Tea ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiwan Tea's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Taiwan Tea's ROC (Joel Greenblatt) % falls into.


TPE:2913
59GF Score
Taiwan Tea Corp TPE:2913
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Tea 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)
=(29.936 + 1040.353 + 19.453) - (71.717 + 0 + 57.894)
=960.131

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.717 + 1072.615 + 16.449) - (70.485 + 0 + 43.505)
=998.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Taiwan Tea 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 )
=-3.044/( ( (6015.413 + max(960.131, 0)) + (5999.131 + max(998.791, 0)) )/ 2 )
=-3.044/( ( 6975.544 + 6997.922 )/ 2 )
=-3.044/6986.733
=-0.04 %

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 -0.04% mean?
Taiwan Tea (TPE:2913) has a ROC (Joel Greenblatt) % of -0.04% 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 Taiwan Tea and its competitors. According to the industry distribution chart, Taiwan Tea ranks #1537 out of 1978 companies in the Consumer Packaged Goods industry, placing it in the top 77.7%.
Is Taiwan Tea's ROC (Joel Greenblatt) % too high?
Taiwan Tea's current ROC (Joel Greenblatt) % is -0.04%. Based on the distribution chart, Taiwan Tea ranks #1537 out of 1978 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Taiwan Tea has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Tea's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Taiwan Tea ranks #1537 out of 1978 companies for ROC (Joel Greenblatt) %. This places Taiwan Tea in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,978 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 Taiwan Tea and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Tea's current ROC (Joel Greenblatt) % is -0.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Tea stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Tea (TPE:2913) is currently considered Possible Value Trap. The stock's GF Value™ is NT$26.29, compared to a current price of NT$11.20 — trading 57.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -0.04%. Taiwan Tea's overall GF Score™ is 59/100 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 Taiwan Tea (TPE:2913), the current ROC (Joel Greenblatt) % is -0.04% 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 Taiwan Tea (TPE:2913) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Tea stock appears to be undervalued. The current stock price of NT$11.20 is trading 57.4% below its estimated GF Value™ of NT$26.29. GuruFocus considers Taiwan Tea to be Possible Value Trap.

Key valuation signals for TPE:2913:

  • ROC (Joel Greenblatt) %: -0.04%
  • GF Value™: NT$26.29 vs. price of NT$11.20 (57.4% below fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the TPE:2913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Tea Business Description

Address No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303035
Taiwan Tea Corp is responsible for agriculture, fishery, forestry and animal husbandry. The Company's main business activities include manufacturing and sales of tea and related products. The two reportable segments are Retail and trading segment generate maximum revenue from Taiwan: manufacture and sale of tea and other agricultural products, trading of imported goods including food, alcoholic beverages and other products, and operation of recreational tourism; and Asset segment: management of land assets, including land inspections, land and building leases, contract renewals, and related land sale procedures.
59GF Score

Get the complete analysis for TPE:2913

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

NT$11.20
Price
NT$26.29
GF Value