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Laster Tech CoTPE:3346 -1.21%56 ROC (Joel Greenblatt) % is 14.35% as of Dec. 2025, which is 75% above its 10-year median of 8.22. GuruFocus rates TPE:3346 with a GF Score™ of 56/100. The stock has 10 warning signs investors should review. Among 1,027 Semiconductors companies, Laster Tech Co ranks worse than 59.49% 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. Laster Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.35%.
The historical rank and industry rank for Laster Tech Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3346'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.15 Med: 8.22 Max: 26.79
Current: 3.52
During the past 13 years, Laster Tech Co's highest ROC (Joel Greenblatt) % was 26.79%. The lowest was -1.15%. And the median was 8.22%.
TPE:3346's ROC (Joel Greenblatt) % is ranked worse than 59.49% of 1027
companies
in the Semiconductors industry
Industry Median: 8.36
vs TPE:3346: 3.52
Laster Tech Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Laster Tech Co (TPE:3346) 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.
Laster Tech Co ROC (Joel Greenblatt) % Related Terms
Laster Tech Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Laster Tech 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:3346 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Laster Tech 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.
Laster Tech Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Laster Tech Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Laster Tech Co's ROC (Joel Greenblatt) % falls into.
Laster Tech 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 14.35% mean?
Laster Tech Co (TPE:3346) has a ROC (Joel Greenblatt) % of 14.35% 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 Laster Tech Co and its competitors. This is 75% above median its historical median of 8.22. According to the industry distribution chart, Laster Tech Co ranks #611 out of 1027 companies in the Semiconductors industry, placing it in the top 59.5%.
Is Laster Tech Co's ROC (Joel Greenblatt) % too high?
Laster Tech Co's current ROC (Joel Greenblatt) % of 14.35% is 75% above median its 10-year median of 8.22. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.36. Laster Tech Co's value of 14.35% is 71.7% above this industry median. Based on the distribution chart, Laster Tech Co ranks #611 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Laster Tech Co has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Laster Tech Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Laster Tech Co ranks #611 out of 1027 companies for ROC (Joel Greenblatt) %. This places Laster Tech Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.36. Laster Tech Co's value of 14.35% is 71.7% above this benchmark. While the company's 10-year median is 8.22 vs. the industry median of 8.36, Laster Tech 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.36, based on 1,027 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. Laster Tech Co's current ROC (Joel Greenblatt) % of 14.35% is 71.7% 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 Laster Tech Co 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. Laster Tech Co's current ROC (Joel Greenblatt) % is 14.35%, which is 75% above median its own 10-year median of 8.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laster Tech Co stock overvalued right now?
Laster Tech Co (TPE:3346) has a current ROC (Joel Greenblatt) % of 14.35%. The current ROC (Joel Greenblatt) % is 14.35%, which is 75% above median its 10-year median of 8.22 and 71.7% above the Semiconductors industry median of 8.36. Laster Tech Co's overall GF Score™ is 56/100 with 10 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 Laster Tech Co (TPE:3346), the current ROC (Joel Greenblatt) % is 14.35% 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.
Laster Tech Co Ltd is engaged in the sales of LED chips and components and assembly and sales of LED automotive lighting and LED lighting fixtures, automotive lighting controllers, and related products. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobiles, and others.
56GF Score
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