Kinsus Interconnect Technology (TPE:3189) ROC (Joel Greenblatt) %: 8.46% (As of Mar. 2026) — 67% Above Median

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TPE:3189 Kinsus Interconnect Technology Corp TPE:3189
69 GF Score
Price NT$785.00
GF Value NT$157.33
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kinsus Interconnect Technology ROC (Joel Greenblatt) %?

Kinsus Interconnect Technology TPE:3189 -1.38% 69 ROC (Joel Greenblatt) % is 8.46% as of Mar. 2026, which is 67% above its 10-year median of 5.06. GuruFocus rates TPE:3189 with a GF Score™ of 69/100 and a GF Value™ of NT$157.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,028 Semiconductors companies, Kinsus Interconnect Technology ranks worse than 52.53% 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. Kinsus Interconnect Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.46%.

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

TPE:3189' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.43   Med: 5.06   Max: 27.28
Current: 7.43

During the past 13 years, Kinsus Interconnect Technology's highest ROC (Joel Greenblatt) % was 27.28%. The lowest was -8.43%. And the median was 5.06%.

TPE:3189's ROC (Joel Greenblatt) % is ranked worse than
52.53% of 1028 companies
in the Semiconductors industry
Industry Median: 8.355 vs TPE:3189: 7.43

Kinsus Interconnect Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -16.20% per year.


Kinsus Interconnect Technology  (TPE:3189) 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.


Kinsus Interconnect Technology ROC (Joel Greenblatt) % Related Terms


Kinsus Interconnect Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kinsus Interconnect 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.

Kinsus Interconnect Technology ROC (Joel Greenblatt) % Chart

Kinsus Interconnect Technology 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 21.95 27.28 3.83 4.11 6.96

Kinsus Interconnect Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.46 5.67 6.40 9.12 8.46

TPE:3189 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison

For the Semiconductor Equipment & Materials subindustry, Kinsus Interconnect 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.


Kinsus Interconnect Technology ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kinsus Interconnect Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kinsus Interconnect Technology's ROC (Joel Greenblatt) % falls into.


TPE:3189
69GF Score
Kinsus Interconnect Technology Corp TPE:3189
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinsus Interconnect Technology 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6803.628 + 4828.309 + 872.805) - (11098.868 + 0 + 5844.854)
=-4438.98

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6834.592 + 5358.487 + 904.45) - (11886.291 + 0 + 4566.275)
=-3355.037

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kinsus Interconnect Technology for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4242.512/( ( (50506.272 + max(-4438.98, 0)) + (49750.144 + max(-3355.037, 0)) )/ 2 )
=4242.512/( ( 50506.272 + 49750.144 )/ 2 )
=4242.512/50128.208
=8.46 %

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 8.46% mean?
Kinsus Interconnect Technology (TPE:3189) has a ROC (Joel Greenblatt) % of 8.46% 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 Kinsus Interconnect Technology and its competitors. This is 67% above median its historical median of 5.06. According to the industry distribution chart, Kinsus Interconnect Technology ranks #540 out of 1028 companies in the Semiconductors industry, placing it in the top 52.5%.
Is Kinsus Interconnect Technology's ROC (Joel Greenblatt) % too high?
Kinsus Interconnect Technology's current ROC (Joel Greenblatt) % of 8.46% is 67% above median its 10-year median of 5.06. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.36. Kinsus Interconnect Technology's value of 8.46% is 1.3% above this industry median. Based on the distribution chart, Kinsus Interconnect Technology ranks #540 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Kinsus Interconnect Technology has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinsus Interconnect Technology's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kinsus Interconnect Technology ranks #540 out of 1028 companies for ROC (Joel Greenblatt) %. This places Kinsus Interconnect Technology in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.36. Kinsus Interconnect Technology's value of 8.46% is 1.3% above this benchmark. While the company's 10-year median is 5.06 vs. the industry median of 8.36, Kinsus Interconnect 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.36, based on 1,028 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. Kinsus Interconnect Technology's current ROC (Joel Greenblatt) % of 8.46% is 1.3% 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 Kinsus Interconnect Technology and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinsus Interconnect Technology's current ROC (Joel Greenblatt) % is 8.46%, which is 67% above median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinsus Interconnect Technology stock overvalued right now?
Based on GuruFocus' analysis, Kinsus Interconnect Technology (TPE:3189) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$157.33, compared to a current price of NT$785.00 — trading 399% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.46%, which is 67% above median its 10-year median of 5.06 and 1.3% above the Semiconductors industry median of 8.36. Kinsus Interconnect Technology's overall GF Score™ is 69/100 with 9 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 Kinsus Interconnect Technology (TPE:3189), the current ROC (Joel Greenblatt) % is 8.46% 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 Kinsus Interconnect Technology (TPE:3189) Overvalued in 2026?

Based on GuruFocus' analysis, Kinsus Interconnect Technology stock appears to be overvalued. The current stock price of NT$785.00 is trading 399% above its estimated GF Value™ of NT$157.33. GuruFocus considers Kinsus Interconnect Technology to be Significantly Overvalued.

Key valuation signals for TPE:3189:

  • ROC (Joel Greenblatt) %: 8.46% (67% above median its 10-year median of 5.06)
  • GF Value™: NT$157.33 vs. price of NT$785.00 (399% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 1.3% above the Semiconductors median (#540 of 1028)

No single metric tells the full story. See the TPE:3189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinsus Interconnect Technology Business Description

Address No. 1245, Chung Hua Road, Hsinwu District, Taoyuan, TWN, 32747
Kinsus Interconnect Technology Corp is engaged in the manufacture of electronic products, the wholesale and retail sale of electronic materials, and the consultation services of business operation and management. The company's operating segment consists of IC Substrate and Optics. The IC Substrate segment produces and manufactures BGA substrates and sells the products to electronic manufacturers. The Optics segment produces, manufactures, and sells contact lenses. The company generates the majority of its revenue from the IC Substrate segment. Geographically, the company generates the majority of its revenue from Other countries.
69GF Score

Get the complete analysis for TPE:3189

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

NT$785.00
Price
NT$157.33
GF Value