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AVer InformationTPE:3669 +0.13%76 ROC (Joel Greenblatt) % is 21.06% as of Mar. 2026, which is 53% above its 10-year median of 13.76. GuruFocus rates TPE:3669 with a GF Score™ of 76/100 and a GF Value™ of NT$40.99 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,490 Hardware companies, AVer Information ranks better than 57.15% 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. AVer Information's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.06%.
The historical rank and industry rank for AVer Information's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3669'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.83 Med: 13.76 Max: 65.1
Current: 14
During the past 13 years, AVer Information's highest ROC (Joel Greenblatt) % was 65.10%. The lowest was 3.83%. And the median was 13.76%.
TPE:3669's ROC (Joel Greenblatt) % is ranked better than 57.15% of 2490
companies
in the Hardware industry
Industry Median: 10.51
vs TPE:3669: 14.00
AVer Information's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -29.30% per year.
AVer Information (TPE:3669) 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.
AVer Information ROC (Joel Greenblatt) % Related Terms
AVer Information ROC (Joel Greenblatt) % Historical Data
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The historical data trend for AVer Information'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:3669 vs AAPL: ROC (Joel Greenblatt) % Comparison
For the Consumer Electronics subindustry, AVer Information'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.
AVer Information ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, AVer Information's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AVer Information's ROC (Joel Greenblatt) % falls into.
AVer Information 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 21.06% mean?
AVer Information (TPE:3669) has a ROC (Joel Greenblatt) % of 21.06% 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 AVer Information and its competitors. This is 53% above median its historical median of 13.76. Over the past decade, AVer Information's ROC (Joel Greenblatt) % has ranged from 3.83 to 65.10. According to the industry distribution chart, AVer Information ranks #1067 out of 2490 companies in the Hardware industry, placing it in the top 42.9%.
Is AVer Information's ROC (Joel Greenblatt) % too high?
AVer Information's current ROC (Joel Greenblatt) % of 21.06% is 53% above median its 10-year median of 13.76. Over the past 10 years, this metric has ranged from a low of 3.83 to a high of 65.10. The Hardware industry median ROC (Joel Greenblatt) % is 10.51. AVer Information's value of 21.06% is 100.4% above this industry median. Based on the distribution chart, AVer Information ranks #1067 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, AVer Information has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVer Information's ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, AVer Information ranks #1067 out of 2490 companies for ROC (Joel Greenblatt) %. This puts AVer Information in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.51. AVer Information's value of 21.06% is 100.4% above this benchmark. Historically, AVer Information's own ROC (Joel Greenblatt) % has ranged from 3.83 to 65.10 over the past decade. While the company's 10-year median is 13.76 vs. the industry median of 10.51, AVer Information 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.51, based on 2,490 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. AVer Information's current ROC (Joel Greenblatt) % of 21.06% is 100.4% 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 AVer Information and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVer Information's current ROC (Joel Greenblatt) % is 21.06%, which is 53% above median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVer Information stock overvalued right now?
Based on GuruFocus' analysis, AVer Information (TPE:3669) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.99, compared to a current price of NT$39.30 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.06%, which is 53% above median its 10-year median of 13.76 and 100.4% above the Hardware industry median of 10.51. AVer Information's overall GF Score™ is 76/100 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 AVer Information (TPE:3669), the current ROC (Joel Greenblatt) % is 21.06% 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 AVer Information (TPE:3669) Overvalued in 2026?
Based on GuruFocus' analysis, AVer Information stock appears to be undervalued.
The current stock price of NT$39.30 is trading 4.1% below its estimated GF Value™ of NT$40.99.
GuruFocus considers AVer Information to be Fairly Valued.
Key valuation signals for TPE:3669:
ROC (Joel Greenblatt) %: 21.06% (53% above median its 10-year median of 13.76)
GF Value™: NT$40.99 vs. price of NT$39.30 (4.1% below fair value)
Industry Position: 100.4% above the Hardware median (#1067 of 2490)
No single metric tells the full story. See the TPE:3669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVer Information Inc engages in selling, manufacturing, researching, and developing related products, including computer system equipment and presentation and video conferencing systems. The Company operates through one segment, the education and video conference department. It is a developer and manufacturer of education technology and visual collaboration solutions. Its products include Visualizer, Charge & Sync Carts, On-Premise Video Conferencing, USB Video Conferencing, Medical Grade Cameras, and Professional Audio/Video products. Maximum revenue is generated from America.
76GF Score
Get the complete analysis for TPE:3669
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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