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Heran CoTPE:5283 70 ROC (Joel Greenblatt) % is 3.29% as of Mar. 2026, which is 92% below its 10-year median of 43.10. GuruFocus rates TPE:5283 with a GF Score™ of 70/100 and a GF Value™ of NT$87.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,490 Hardware companies, Heran Co ranks better than 70% 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. Heran Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.29%.
The historical rank and industry rank for Heran Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:5283'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.43 Med: 43.1 Max: 71.86
Current: 22.43
During the past 13 years, Heran Co's highest ROC (Joel Greenblatt) % was 71.86%. The lowest was 22.43%. And the median was 43.10%.
TPE:5283's ROC (Joel Greenblatt) % is ranked better than 70% of 2490
companies
in the Hardware industry
Industry Median: 10.51
vs TPE:5283: 22.43
Heran Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.10% per year.
Heran Co (TPE:5283) 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.
The historical data trend for Heran 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:5283 vs AAPL: ROC (Joel Greenblatt) % Comparison
For the Consumer Electronics subindustry, Heran 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.
Heran Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Heran Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Heran Co's ROC (Joel Greenblatt) % falls into.
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 3.29% mean?
Heran Co (TPE:5283) has a ROC (Joel Greenblatt) % of 3.29% 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 Heran Co and its competitors. This is 92% below median its historical median of 43.10. Over the past decade, Heran Co's ROC (Joel Greenblatt) % has ranged from 22.43 to 71.86. According to the industry distribution chart, Heran Co ranks #747 out of 2490 companies in the Hardware industry, placing it in the top 30%.
Is Heran Co's ROC (Joel Greenblatt) % too high?
Heran Co's current ROC (Joel Greenblatt) % of 3.29% is 92% below median its 10-year median of 43.10. Over the past 10 years, this metric has ranged from a low of 22.43 to a high of 71.86. The Hardware industry median ROC (Joel Greenblatt) % is 10.51. Heran Co's value of 3.29% is 68.7% below this industry median. Based on the distribution chart, Heran Co ranks #747 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Heran Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heran Co's ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Heran Co ranks #747 out of 2490 companies for ROC (Joel Greenblatt) %. This puts Heran Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.51. Heran Co's value of 3.29% is 68.7% below this benchmark. Historically, Heran Co's own ROC (Joel Greenblatt) % has ranged from 22.43 to 71.86 over the past decade. While the company's 10-year median is 43.10 vs. the industry median of 10.51, Heran 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 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. Heran Co's current ROC (Joel Greenblatt) % of 3.29% is 68.7% 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 Heran Co 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. Heran Co's current ROC (Joel Greenblatt) % is 3.29%, which is 92% below median its own 10-year median of 43.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heran Co stock overvalued right now?
Based on GuruFocus' analysis, Heran Co (TPE:5283) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$87.29, compared to a current price of NT$54.80 — trading 37.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.29%, which is 92% below median its 10-year median of 43.10 and 68.7% below the Hardware industry median of 10.51. Heran Co's overall GF Score™ is 70/100 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 Heran Co (TPE:5283), the current ROC (Joel Greenblatt) % is 3.29% 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 Heran Co (TPE:5283) Overvalued in 2026?
Based on GuruFocus' analysis, Heran Co stock appears to be undervalued.
The current stock price of NT$54.80 is trading 37.2% below its estimated GF Value™ of NT$87.29.
GuruFocus considers Heran Co to be Significantly Undervalued.
Key valuation signals for TPE:5283:
ROC (Joel Greenblatt) %: 3.29% (92% below median its 10-year median of 43.10)
GF Value™: NT$87.29 vs. price of NT$54.80 (37.2% below fair value)
Industry Position: 68.7% below the Hardware median (#747 of 2490)
No single metric tells the full story. See the TPE:5283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heran Co Ltd manufactures LCD monitors, sells electrical appliances and electronic materials, and fixes electrical products. Its product portfolio includes air conditioners, liquid crystal, washing machines, refrigerators, freezers, and Small household appliances. Its segment includes the Home Appliances business engaged in selling and manufacturing LCD monitors, air conditioners, and home appliances Home appliances and electronic products are sold to TV Home Shopping merchants, 3C retailers, distributors, and other customers, and the Other business engaged in other activities.
70GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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