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WPG Holding CoTPE:3702 -3.52%82 ROC (Joel Greenblatt) % is 14.92% as of Dec. 2025, which is 23% above its 10-year median of 12.14. GuruFocus rates TPE:3702 with a GF Score™ of 82/100 and a GF Value™ of NT$97.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,494 Hardware companies, WPG Holding Co ranks better than 57.38% 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. WPG Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.92%.
The historical rank and industry rank for WPG Holding Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:3702'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.72 Med: 12.14 Max: 14.44
Current: 13.94
During the past 13 years, WPG Holding Co's highest ROC (Joel Greenblatt) % was 14.44%. The lowest was 9.72%. And the median was 12.14%.
TPE:3702's ROC (Joel Greenblatt) % is ranked better than 57.38% of 2494
companies
in the Hardware industry
Industry Median: 10.42
vs TPE:3702: 13.94
WPG Holding Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.30% per year.
WPG Holding Co (TPE:3702) 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.
WPG Holding Co ROC (Joel Greenblatt) % Related Terms
WPG Holding Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for WPG Holding 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:3702 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, WPG Holding 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.
WPG Holding Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, WPG Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where WPG Holding Co's ROC (Joel Greenblatt) % falls into.
WPG Holding 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 14.92% mean?
WPG Holding Co (TPE:3702) has a ROC (Joel Greenblatt) % of 14.92% 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 WPG Holding Co and its competitors. This is 23% above median its historical median of 12.14. Over the past decade, WPG Holding Co's ROC (Joel Greenblatt) % has ranged from 9.72 to 14.44. According to the industry distribution chart, WPG Holding Co ranks #1063 out of 2494 companies in the Hardware industry, placing it in the top 42.6%.
Is WPG Holding Co's ROC (Joel Greenblatt) % too high?
WPG Holding Co's current ROC (Joel Greenblatt) % of 14.92% is 23% above median its 10-year median of 12.14. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 14.44. The Hardware industry median ROC (Joel Greenblatt) % is 10.42. WPG Holding Co's value of 14.92% is 43.2% above this industry median. Based on the distribution chart, WPG Holding Co ranks #1063 out of 2494 companies in the Hardware industry, which is above the industry midpoint. Overall, WPG Holding Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG Holding Co's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, WPG Holding Co ranks #1063 out of 2494 companies for ROC (Joel Greenblatt) %. This puts WPG Holding Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.42. WPG Holding Co's value of 14.92% is 43.2% above this benchmark. Historically, WPG Holding Co's own ROC (Joel Greenblatt) % has ranged from 9.72 to 14.44 over the past decade. While the company's 10-year median is 12.14 vs. the industry median of 10.42, WPG Holding 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.42, based on 2,494 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. WPG Holding Co's current ROC (Joel Greenblatt) % of 14.92% is 43.2% 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 WPG Holding Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG Holding Co's current ROC (Joel Greenblatt) % is 14.92%, which is 23% above median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG Holding Co stock overvalued right now?
Based on GuruFocus' analysis, WPG Holding Co (TPE:3702) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$97.10, compared to a current price of NT$109.50 — trading 12.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.92%, which is 23% above median its 10-year median of 12.14 and 43.2% above the Hardware industry median of 10.42. WPG Holding Co's overall GF Score™ is 82/100 with 9 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 WPG Holding Co (TPE:3702), the current ROC (Joel Greenblatt) % is 14.92% 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 WPG Holding Co (TPE:3702) Overvalued in 2026?
Based on GuruFocus' analysis, WPG Holding Co stock appears to be overvalued.
The current stock price of NT$109.50 is trading 12.8% above its estimated GF Value™ of NT$97.10.
GuruFocus considers WPG Holding Co to be Modestly Overvalued.
Key valuation signals for TPE:3702:
ROC (Joel Greenblatt) %: 14.92% (23% above median its 10-year median of 12.14)
GF Value™: NT$97.10 vs. price of NT$109.50 (12.8% above fair value)
Industry Position: 43.2% above the Hardware median (#1063 of 2494)
No single metric tells the full story. See the TPE:3702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WPG Holding Co Ltd is a world-wide semiconductor components distributor rooted in the Asia-Pacific region. The company engaged in the distribution and sales of electronic/electrical components, sales of computer software, and electrical products and sales of electronic/electrical products. The products include CPU, analog IC, discrete IC, logic IC, DRAM, Flash, optical component, etc.
82GF Score
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