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Well Shin Technology CoTPE:3501 -1.72%77 ROC (Joel Greenblatt) % is 5.08% as of Dec. 2025, which is 70% below its 10-year median of 16.96. GuruFocus rates TPE:3501 with a GF Score™ of 77/100 and a GF Value™ of NT$60.45 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 3,060 Industrial Products companies, Well Shin Technology Co ranks worse than 54.12% 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. Well Shin Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.08%.
The historical rank and industry rank for Well Shin Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3501'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.46 Med: 16.96 Max: 22.49
Current: 9.91
During the past 13 years, Well Shin Technology Co's highest ROC (Joel Greenblatt) % was 22.49%. The lowest was 9.46%. And the median was 16.96%.
TPE:3501's ROC (Joel Greenblatt) % is ranked worse than 54.12% of 3060
companies
in the Industrial Products industry
Industry Median: 11.73
vs TPE:3501: 9.91
Well Shin Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.70% per year.
Well Shin Technology Co (TPE:3501) 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.
Well Shin Technology Co ROC (Joel Greenblatt) % Related Terms
Well Shin Technology Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Well Shin Technology 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.
Well Shin Technology Co ROC (Joel Greenblatt) % Chart
TPE:3501 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Well Shin Technology 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.
Well Shin Technology Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Well Shin Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Well Shin Technology Co's ROC (Joel Greenblatt) % falls into.
Well Shin Technology 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 5.08% mean?
Well Shin Technology Co (TPE:3501) has a ROC (Joel Greenblatt) % of 5.08% 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 Well Shin Technology Co and its competitors. This is 70% below median its historical median of 16.96. Over the past decade, Well Shin Technology Co's ROC (Joel Greenblatt) % has ranged from 9.46 to 22.49. According to the industry distribution chart, Well Shin Technology Co ranks #1656 out of 3060 companies in the Industrial Products industry, placing it in the top 54.1%.
Is Well Shin Technology Co's ROC (Joel Greenblatt) % too high?
Well Shin Technology Co's current ROC (Joel Greenblatt) % of 5.08% is 70% below median its 10-year median of 16.96. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 22.49. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Well Shin Technology Co's value of 5.08% is 56.7% below this industry median. Based on the distribution chart, Well Shin Technology Co ranks #1656 out of 3060 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Well Shin Technology Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Well Shin Technology Co ranks #1656 out of 3060 companies for ROC (Joel Greenblatt) %. This places Well Shin Technology Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. Well Shin Technology Co's value of 5.08% is 56.7% below this benchmark. Historically, Well Shin Technology Co's own ROC (Joel Greenblatt) % has ranged from 9.46 to 22.49 over the past decade. While the company's 10-year median is 16.96 vs. the industry median of 11.73, Well Shin Technology Co has consistently been below 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 11.73, based on 3,060 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. Well Shin Technology Co's current ROC (Joel Greenblatt) % of 5.08% is 56.7% below 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 Well Shin Technology Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Shin Technology Co's current ROC (Joel Greenblatt) % is 5.08%, which is 70% below median its own 10-year median of 16.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.45, compared to a current price of NT$39.95 — trading 33.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.08%, which is 70% below median its 10-year median of 16.96 and 56.7% below the Industrial Products industry median of 11.73. Well Shin Technology Co's overall GF Score™ is 77/100 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 Well Shin Technology Co (TPE:3501), the current ROC (Joel Greenblatt) % is 5.08% 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 Well Shin Technology Co (TPE:3501) Overvalued in 2026?
Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued.
The current stock price of NT$39.95 is trading 33.9% below its estimated GF Value™ of NT$60.45.
GuruFocus considers Well Shin Technology Co to be Significantly Undervalued.
Key valuation signals for TPE:3501:
ROC (Joel Greenblatt) %: 5.08% (70% below median its 10-year median of 16.96)
GF Value™: NT$60.45 vs. price of NT$39.95 (33.9% below fair value)
Industry Position: 56.7% below the Industrial Products median (#1656 of 3060)
No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
77GF Score
Get the complete analysis for TPE:3501
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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