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Tripod TechnologyTPE:3044 +3.21%89 ROC (Joel Greenblatt) % is 63.14% as of Mar. 2026, which is 75% above its 10-year median of 36.13. GuruFocus rates TPE:3044 with a GF Score™ of 89/100 and a GF Value™ of NT$288.00 (Significantly Overvalued). Among 2,492 Hardware companies, Tripod Technology ranks better than 90.45% 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. Tripod Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 63.14%.
The historical rank and industry rank for Tripod Technology's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3044'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.26 Med: 36.13 Max: 64.76
Current: 64.76
During the past 13 years, Tripod Technology's highest ROC (Joel Greenblatt) % was 64.76%. The lowest was 26.26%. And the median was 36.13%.
TPE:3044's ROC (Joel Greenblatt) % is ranked better than 90.45% of 2492
companies
in the Hardware industry
Industry Median: 10.435
vs TPE:3044: 64.76
Tripod Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.50% per year.
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.
Tripod Technology ROC (Joel Greenblatt) % Related Terms
Tripod Technology ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tripod Technology'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.
TPE:3044 vs APH, GLW: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Tripod Technology'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.
Tripod Technology ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Tripod Technology's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tripod Technology's ROC (Joel Greenblatt) % falls into.
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 (Mar. 2026) 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 63.14% mean?
Tripod Technology (TPE:3044) has a ROC (Joel Greenblatt) % of 63.14% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tripod Technology and its competitors. This is 75% above median its historical median of 36.13. Over the past decade, Tripod Technology's ROC (Joel Greenblatt) % has ranged from 26.26 to 64.76. According to the industry distribution chart, Tripod Technology ranks #238 out of 2492 companies in the Hardware industry, placing it in the top 9.6%.
Is Tripod Technology's ROC (Joel Greenblatt) % too high?
Tripod Technology's current ROC (Joel Greenblatt) % of 63.14% is 75% above median its 10-year median of 36.13. Over the past 10 years, this metric has ranged from a low of 26.26 to a high of 64.76. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Tripod Technology's value of 63.14% is 505.1% above this industry median. Based on the distribution chart, Tripod Technology ranks #238 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Tripod Technology has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tripod Technology's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Tripod Technology ranks #238 out of 2492 companies for ROC (Joel Greenblatt) %. This places Tripod Technology in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. Tripod Technology's value of 63.14% is 505.1% above this benchmark. Historically, Tripod Technology's own ROC (Joel Greenblatt) % has ranged from 26.26 to 64.76 over the past decade. While the company's 10-year median is 36.13 vs. the industry median of 10.44, Tripod Technology 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,492 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. Tripod Technology's current ROC (Joel Greenblatt) % of 63.14% is 505.1% 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 Tripod Technology and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tripod Technology's current ROC (Joel Greenblatt) % is 63.14%, which is 75% above median its own 10-year median of 36.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripod Technology stock overvalued right now?
Based on GuruFocus' analysis, Tripod Technology (TPE:3044) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$288.00, compared to a current price of NT$417.50 — trading 45% above its estimated fair value. The current ROC (Joel Greenblatt) % is 63.14%, which is 75% above median its 10-year median of 36.13 and 505.1% above the Hardware industry median of 10.44. Tripod Technology's overall GF Score™ is 89/100. 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 Tripod Technology (TPE:3044), the current ROC (Joel Greenblatt) % is 63.14% as of Mar. 2026. 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 Tripod Technology (TPE:3044) Overvalued in 2026?
Based on GuruFocus' analysis, Tripod Technology stock appears to be overvalued.
The current stock price of NT$417.50 is trading 45% above its estimated GF Value™ of NT$288.00.
GuruFocus considers Tripod Technology to be Significantly Overvalued.
Key valuation signals for TPE:3044:
ROC (Joel Greenblatt) %: 63.14% (75% above median its 10-year median of 36.13)
GF Value™: NT$288.00 vs. price of NT$417.50 (45% above fair value)
Industry Position: 505.1% above the Hardware median (#238 of 2492)
No single metric tells the full story. See the TPE:3044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers, and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in Mainland China; however, the company also does business in Taiwan, Malaysia, and South Korea, among others.
89GF Score
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