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Auden TechnoTPE:3138 69 ROC (Joel Greenblatt) % is 16.83% as of Dec. 2025, which is 28% below its 10-year median of 23.41. GuruFocus rates TPE:3138 with a GF Score™ of 69/100 and a GF Value™ of NT$121.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,492 Hardware companies, Auden Techno ranks worse than 54.49% 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. Auden Techno's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.83%.
The historical rank and industry rank for Auden Techno's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3138'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.04 Med: 23.41 Max: 65.99
Current: 8.04
During the past 13 years, Auden Techno's highest ROC (Joel Greenblatt) % was 65.99%. The lowest was 8.04%. And the median was 23.41%.
TPE:3138's ROC (Joel Greenblatt) % is ranked worse than 54.49% of 2492
companies
in the Hardware industry
Industry Median: 10.445
vs TPE:3138: 8.04
Auden Techno's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.00% 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.
Auden Techno ROC (Joel Greenblatt) % Related Terms
Auden Techno ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Auden Techno'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:3138 vs CSCO, CIEN, MSI: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Auden Techno'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.
Auden Techno ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Auden Techno's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Auden Techno'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 (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 16.83% mean?
Auden Techno (TPE:3138) has a ROC (Joel Greenblatt) % of 16.83% 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 Auden Techno and its competitors. This is 28% below median its historical median of 23.41. Over the past decade, Auden Techno's ROC (Joel Greenblatt) % has ranged from 8.04 to 65.99. According to the industry distribution chart, Auden Techno ranks #1358 out of 2492 companies in the Hardware industry, placing it in the top 54.5%.
Is Auden Techno's ROC (Joel Greenblatt) % too high?
Auden Techno's current ROC (Joel Greenblatt) % of 16.83% is 28% below median its 10-year median of 23.41. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 65.99. The Hardware industry median ROC (Joel Greenblatt) % is 10.45. Auden Techno's value of 16.83% is 61.1% above this industry median. Based on the distribution chart, Auden Techno ranks #1358 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, Auden Techno has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Auden Techno's ROC (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Auden Techno ranks #1358 out of 2492 companies for ROC (Joel Greenblatt) %. This places Auden Techno in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.45. Auden Techno's value of 16.83% is 61.1% above this benchmark. Historically, Auden Techno's own ROC (Joel Greenblatt) % has ranged from 8.04 to 65.99 over the past decade. While the company's 10-year median is 23.41 vs. the industry median of 10.45, Auden Techno 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 10.45, 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. Auden Techno's current ROC (Joel Greenblatt) % of 16.83% is 61.1% 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 Auden Techno and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auden Techno's current ROC (Joel Greenblatt) % is 16.83%, which is 28% below median its own 10-year median of 23.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auden Techno stock overvalued right now?
Based on GuruFocus' analysis, Auden Techno (TPE:3138) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$121.03, compared to a current price of NT$101.00 — trading 16.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.83%, which is 28% below median its 10-year median of 23.41 and 61.1% above the Hardware industry median of 10.45. Auden Techno's overall GF Score™ is 69/100 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 Auden Techno (TPE:3138), the current ROC (Joel Greenblatt) % is 16.83% 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 Auden Techno (TPE:3138) Overvalued in 2026?
Based on GuruFocus' analysis, Auden Techno stock appears to be undervalued.
The current stock price of NT$101.00 is trading 16.5% below its estimated GF Value™ of NT$121.03.
GuruFocus considers Auden Techno to be Modestly Undervalued.
Key valuation signals for TPE:3138:
ROC (Joel Greenblatt) %: 16.83% (28% below median its 10-year median of 23.41)
GF Value™: NT$121.03 vs. price of NT$101.00 (16.5% below fair value)
Industry Position: 61.1% above the Hardware median (#1358 of 2492)
No single metric tells the full story. See the TPE:3138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Auden Techno Corp is engaged in the design and manufacture of wired and wireless antennas, the performance verification and testing of communications products, and the trading agency of precision instruments. The company's revenue is mainly generated from three segments: RFID antennas, which generate the maximum revenue; measuring equipment; and testing and certification. The Company operates in Taiwan, which generates the maximum revenue, Mainland China, and Vietnam.
69GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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