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Global UnichipTPE:3443 -2.35%86 ROC (Joel Greenblatt) % is 209.04% as of Mar. 2026, which is 10% above its 10-year median of 189.69. GuruFocus rates TPE:3443 with a GF Score™ of 86/100 and a GF Value™ of NT$2,437.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Global Unichip ranks better than 97.47% 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. Global Unichip's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 209.04%.
The historical rank and industry rank for Global Unichip's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3443'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 63.4 Med: 189.69 Max: 499.38
Current: 232.15
During the past 13 years, Global Unichip's highest ROC (Joel Greenblatt) % was 499.38%. The lowest was 63.40%. And the median was 189.69%.
TPE:3443's ROC (Joel Greenblatt) % is ranked better than 97.47% of 1028
companies
in the Semiconductors industry
Industry Median: 8.265
vs TPE:3443: 232.15
Global Unichip's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.40% per year.
Global Unichip (TPE:3443) 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.
Global Unichip ROC (Joel Greenblatt) % Related Terms
Global Unichip ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Global Unichip'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:3443 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Global Unichip'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.
Global Unichip ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Global Unichip's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Global Unichip's ROC (Joel Greenblatt) % falls into.
Global Unichip 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 209.04% mean?
Global Unichip (TPE:3443) has a ROC (Joel Greenblatt) % of 209.04% 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 Global Unichip and its competitors. This is 10% above median its historical median of 189.69. Over the past decade, Global Unichip's ROC (Joel Greenblatt) % has ranged from 63.40 to 499.38. According to the industry distribution chart, Global Unichip ranks #26 out of 1028 companies in the Semiconductors industry, placing it in the top 2.5%.
Is Global Unichip's ROC (Joel Greenblatt) % too high?
Global Unichip's current ROC (Joel Greenblatt) % of 209.04% is 10% above median its 10-year median of 189.69. Over the past 10 years, this metric has ranged from a low of 63.40 to a high of 499.38. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Global Unichip's value of 209.04% is 2429.2% above this industry median. Based on the distribution chart, Global Unichip ranks #26 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Global Unichip has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Unichip's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Global Unichip ranks #26 out of 1028 companies for ROC (Joel Greenblatt) %. This places Global Unichip in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.27. Global Unichip's value of 209.04% is 2429.2% above this benchmark. Historically, Global Unichip's own ROC (Joel Greenblatt) % has ranged from 63.40 to 499.38 over the past decade. While the company's 10-year median is 189.69 vs. the industry median of 8.27, Global Unichip 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 8.27, 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. Global Unichip's current ROC (Joel Greenblatt) % of 209.04% is 2429.2% 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 Global Unichip and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Unichip's current ROC (Joel Greenblatt) % is 209.04%, which is 10% above median its own 10-year median of 189.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Unichip stock overvalued right now?
Based on GuruFocus' analysis, Global Unichip (TPE:3443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,437.53, compared to a current price of NT$3,745.00 — trading 53.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 209.04%, which is 10% above median its 10-year median of 189.69 and 2429.2% above the Semiconductors industry median of 8.27. Global Unichip's overall GF Score™ is 86/100 with 3 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 Global Unichip (TPE:3443), the current ROC (Joel Greenblatt) % is 209.04% 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 Global Unichip (TPE:3443) Overvalued in 2026?
Based on GuruFocus' analysis, Global Unichip stock appears to be overvalued.
The current stock price of NT$3,745.00 is trading 53.6% above its estimated GF Value™ of NT$2,437.53.
GuruFocus considers Global Unichip to be Significantly Overvalued.
Key valuation signals for TPE:3443:
ROC (Joel Greenblatt) %: 209.04% (10% above median its 10-year median of 189.69)
GF Value™: NT$2,437.53 vs. price of NT$3,745.00 (53.6% above fair value)
Industry Position: 2429.2% above the Semiconductors median (#26 of 1028)
No single metric tells the full story. See the TPE:3443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Unichip Corp is engaged mainly in researching, developing, producing, testing, and selling of embedded memory and logic components for various application ICs, cell libraries for various application ICs, and EDA tools for various application ICs. It provides APT technology, design solutions, and related services intended to support performance and reliability for clients across competitive markets. The company derives revenue from the sale of its products.
86GF Score
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