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Taiwan Mobile CoTPE:3045 +0.92%89 ROC (Joel Greenblatt) % is 37.79% as of Mar. 2026, which is 12% above its 10-year median of 33.68. GuruFocus rates TPE:3045 with a GF Score™ of 89/100 and a GF Value™ of NT$106.93 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Taiwan Mobile Co ranks better than 81.05% 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 Mobile Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.79%.
The historical rank and industry rank for Taiwan Mobile Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3045'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.17 Med: 33.68 Max: 45.47
Current: 35.09
During the past 13 years, Taiwan Mobile Co's highest ROC (Joel Greenblatt) % was 45.47%. The lowest was 31.17%. And the median was 33.68%.
TPE:3045's ROC (Joel Greenblatt) % is ranked better than 81.05% of 1124
companies
in the Retail - Cyclical industry
Industry Median: 11.525
vs TPE:3045: 35.09
Taiwan Mobile Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.00% per year.
Taiwan Mobile Co (TPE:3045) 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.
Taiwan Mobile Co ROC (Joel Greenblatt) % Related Terms
Taiwan Mobile Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Taiwan Mobile 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.
TPE:3045 vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, Taiwan Mobile 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.
Taiwan Mobile Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Taiwan Mobile Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taiwan Mobile Co's ROC (Joel Greenblatt) % falls into.
Taiwan Mobile 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:
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 37.79% mean?
Taiwan Mobile Co (TPE:3045) has a ROC (Joel Greenblatt) % of 37.79% 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 Taiwan Mobile Co and its competitors. This is 12% above median its historical median of 33.68. Over the past decade, Taiwan Mobile Co's ROC (Joel Greenblatt) % has ranged from 31.17 to 45.47. According to the industry distribution chart, Taiwan Mobile Co ranks #213 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 19%.
Is Taiwan Mobile Co's ROC (Joel Greenblatt) % too high?
Taiwan Mobile Co's current ROC (Joel Greenblatt) % of 37.79% is 12% above median its 10-year median of 33.68. Over the past 10 years, this metric has ranged from a low of 31.17 to a high of 45.47. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.53. Taiwan Mobile Co's value of 37.79% is 227.9% above this industry median. Based on the distribution chart, Taiwan Mobile Co ranks #213 out of 1124 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Mobile Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mobile Co's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Taiwan Mobile Co ranks #213 out of 1124 companies for ROC (Joel Greenblatt) %. This places Taiwan Mobile Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.53. Taiwan Mobile Co's value of 37.79% is 227.9% above this benchmark. Historically, Taiwan Mobile Co's own ROC (Joel Greenblatt) % has ranged from 31.17 to 45.47 over the past decade. While the company's 10-year median is 33.68 vs. the industry median of 11.53, Taiwan Mobile 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.53, based on 1,124 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. Taiwan Mobile Co's current ROC (Joel Greenblatt) % of 37.79% is 227.9% 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 Taiwan Mobile Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Mobile Co's current ROC (Joel Greenblatt) % is 37.79%, which is 12% above median its own 10-year median of 33.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mobile Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mobile Co (TPE:3045) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.93, compared to a current price of NT$109.50 — trading 2.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 37.79%, which is 12% above median its 10-year median of 33.68 and 227.9% above the Retail - Cyclical industry median of 11.53. Taiwan Mobile Co's overall GF Score™ is 89/100 with 6 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 Mobile Co (TPE:3045), the current ROC (Joel Greenblatt) % is 37.79% 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 Taiwan Mobile Co (TPE:3045) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Mobile Co stock appears to be overvalued.
The current stock price of NT$109.50 is trading 2.4% above its estimated GF Value™ of NT$106.93.
GuruFocus considers Taiwan Mobile Co to be Fairly Valued.
Key valuation signals for TPE:3045:
ROC (Joel Greenblatt) %: 37.79% (12% above median its 10-year median of 33.68)
GF Value™: NT$106.93 vs. price of NT$109.50 (2.4% above fair value)
Industry Position: 227.9% above the Retail - Cyclical median (#213 of 1124)
No single metric tells the full story. See the TPE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Mobile Co Ltd is engaged in providing wireless communication services, the sale of mobile phones, accessories, games, ebooks, and value-added services. The reportable segments of the company are Telecommunication, Retail, Cable television and broadband, and others. The Telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services; the Retail segment in providing online shopping, TV shopping, and catalog shopping; the Cable television and broadband segment in providing pay TV and cable broadband services; and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the Retail segment.
89GF Score
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