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Bestec Power Electronics CoTPE:3308 -0.73%38 ROC (Joel Greenblatt) % is 21.89% as of Dec. 2025, which is 864% above its 10-year median of 2.27. GuruFocus rates TPE:3308 with a GF Score™ of 38/100 and a GF Value™ of NT$0.77 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,063 Industrial Products companies, Bestec Power Electronics Co ranks worse than 50.05% 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. Bestec Power Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.89%.
The historical rank and industry rank for Bestec Power Electronics Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3308'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.16 Med: 2.27 Max: 93.13
Current: 11.69
During the past 13 years, Bestec Power Electronics Co's highest ROC (Joel Greenblatt) % was 93.13%. The lowest was -22.16%. And the median was 2.27%.
TPE:3308's ROC (Joel Greenblatt) % is ranked worse than 50.05% of 3063
companies
in the Industrial Products industry
Industry Median: 11.71
vs TPE:3308: 11.69
Bestec Power Electronics Co (TPE:3308) 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.
* 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.
Bestec Power Electronics Co ROC (Joel Greenblatt) % Chart
TPE:3308 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Bestec Power Electronics 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.
Bestec Power Electronics Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bestec Power Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bestec Power Electronics Co's ROC (Joel Greenblatt) % falls into.
Bestec Power Electronics 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 (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 21.89% mean?
Bestec Power Electronics Co (TPE:3308) has a ROC (Joel Greenblatt) % of 21.89% 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 Bestec Power Electronics Co and its competitors. This is 864% above median its historical median of 2.27. According to the industry distribution chart, Bestec Power Electronics Co ranks #1533 out of 3063 companies in the Industrial Products industry, placing it in the top 50%.
Is Bestec Power Electronics Co's ROC (Joel Greenblatt) % too high?
Bestec Power Electronics Co's current ROC (Joel Greenblatt) % of 21.89% is 864% above median its 10-year median of 2.27. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. Bestec Power Electronics Co's value of 21.89% is 86.9% above this industry median. Based on the distribution chart, Bestec Power Electronics Co ranks #1533 out of 3063 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bestec Power Electronics Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bestec Power Electronics Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Bestec Power Electronics Co ranks #1533 out of 3063 companies for ROC (Joel Greenblatt) %. This puts Bestec Power Electronics Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Bestec Power Electronics Co's value of 21.89% is 86.9% above this benchmark. While the company's 10-year median is 2.27 vs. the industry median of 11.71, Bestec Power Electronics 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,063 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. Bestec Power Electronics Co's current ROC (Joel Greenblatt) % of 21.89% is 86.9% 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 Bestec Power Electronics Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bestec Power Electronics Co's current ROC (Joel Greenblatt) % is 21.89%, which is 864% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bestec Power Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Bestec Power Electronics Co (TPE:3308) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.77, compared to a current price of NT$20.50 — trading 2562.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.89%, which is 864% above median its 10-year median of 2.27 and 86.9% above the Industrial Products industry median of 11.71. Bestec Power Electronics Co's overall GF Score™ is 38/100 with 7 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 Bestec Power Electronics Co (TPE:3308), the current ROC (Joel Greenblatt) % is 21.89% 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 Bestec Power Electronics Co (TPE:3308) Overvalued in 2026?
Based on GuruFocus' analysis, Bestec Power Electronics Co stock appears to be overvalued.
The current stock price of NT$20.50 is trading 2562.3% above its estimated GF Value™ of NT$0.77.
GuruFocus considers Bestec Power Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:3308:
ROC (Joel Greenblatt) %: 21.89% (864% above median its 10-year median of 2.27)
GF Value™: NT$0.77 vs. price of NT$20.50 (2562.3% above fair value)
Industry Position: 86.9% above the Industrial Products median (#1533 of 3063)
No single metric tells the full story. See the TPE:3308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bestec Power Electronics Co Ltd is engaged in processing, manufacturing, and trading of products such as switching power supplies, IoT cloud server power supplies, wireless chargers, high-power, high-efficiency, high-density power supplies for gaming, and power converters. Its products include gogi Pet Soothing Water, Liande Bio-Extreme Water, drones, Power supply, Uninterruptible power supply system, charger, adapter, and Open Frame. Its segments include Product segment engaged in the production and domestic sales of power supplies, power converters, and bottled water, among others; and Other segment engaged in hotel operations or leasing activities. It derives the majority of revenue from Other segment.
38GF 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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