King Core Electronics (TPE:6155) ROC (Joel Greenblatt) %: 20.66% (As of Dec. 2025) — 12% Above Median

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TPE:6155 King Core Electronics Inc TPE:6155
56 GF Score
Price NT$55.70
GF Value NT$26.89
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is King Core Electronics ROC (Joel Greenblatt) %?

King Core Electronics TPE:6155 -4.13% 56 ROC (Joel Greenblatt) % is 20.66% as of Dec. 2025, which is 12% above its 10-year median of 18.38. GuruFocus rates TPE:6155 with a GF Score™ of 56/100 and a GF Value™ of NT$26.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,491 Hardware companies, King Core Electronics ranks better than 57.17% 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. King Core Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 20.66%.

The historical rank and industry rank for King Core Electronics's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:6155' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.68   Med: 18.38   Max: 44.48
Current: 13.84

During the past 13 years, King Core Electronics's highest ROC (Joel Greenblatt) % was 44.48%. The lowest was 8.68%. And the median was 18.38%.

TPE:6155's ROC (Joel Greenblatt) % is ranked better than
57.17% of 2491 companies
in the Hardware industry
Industry Median: 10.44 vs TPE:6155: 13.84

King Core Electronics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.90% per year.


King Core Electronics  (TPE:6155) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


King Core Electronics ROC (Joel Greenblatt) % Related Terms


King Core Electronics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for King Core Electronics'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.

King Core Electronics ROC (Joel Greenblatt) % Chart

King Core Electronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.73 44.48 17.52 18.71 13.70

King Core Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.54 31.43 -46.28 47.17 20.66

TPE:6155 vs APH, GLW: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, King Core Electronics'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.


King Core Electronics ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, King Core Electronics's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where King Core Electronics's ROC (Joel Greenblatt) % falls into.


TPE:6155
56GF Score
King Core Electronics Inc TPE:6155
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Core Electronics 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(172.724 + 184.574 + 20.608) - (126.475 + 0 + 10.596)
=240.835

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.563 + 181.952 + 10.588) - (128.535 + 0 + 8.28)
=226.288

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of King Core Electronics for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=132.676/( ( (409.188 + max(240.835, 0)) + (407.92 + max(226.288, 0)) )/ 2 )
=132.676/( ( 650.023 + 634.208 )/ 2 )
=132.676/642.1155
=20.66 %

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 20.66% mean?
King Core Electronics (TPE:6155) has a ROC (Joel Greenblatt) % of 20.66% 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 King Core Electronics and its competitors. This is 12% above median its historical median of 18.38. Over the past decade, King Core Electronics' ROC (Joel Greenblatt) % has ranged from 8.68 to 44.48. According to the industry distribution chart, King Core Electronics ranks #1067 out of 2491 companies in the Hardware industry, placing it in the top 42.8%.
Is King Core Electronics' ROC (Joel Greenblatt) % too high?
King Core Electronics' current ROC (Joel Greenblatt) % of 20.66% is 12% above median its 10-year median of 18.38. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 44.48. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. King Core Electronics' value of 20.66% is 97.9% above this industry median. Based on the distribution chart, King Core Electronics ranks #1067 out of 2491 companies in the Hardware industry, which is above the industry midpoint. Overall, King Core Electronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Core Electronics' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, King Core Electronics ranks #1067 out of 2491 companies for ROC (Joel Greenblatt) %. This puts King Core Electronics in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. King Core Electronics' value of 20.66% is 97.9% above this benchmark. Historically, King Core Electronics' own ROC (Joel Greenblatt) % has ranged from 8.68 to 44.48 over the past decade. While the company's 10-year median is 18.38 vs. the industry median of 10.44, King Core Electronics 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 10.44, based on 2,491 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. King Core Electronics's current ROC (Joel Greenblatt) % of 20.66% is 97.9% 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 King Core Electronics and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King Core Electronics's current ROC (Joel Greenblatt) % is 20.66%, which is 12% above median its own 10-year median of 18.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Core Electronics stock overvalued right now?
Based on GuruFocus' analysis, King Core Electronics (TPE:6155) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.89, compared to a current price of NT$55.70 — trading 107.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.66%, which is 12% above median its 10-year median of 18.38 and 97.9% above the Hardware industry median of 10.44. King Core Electronics' overall GF Score™ is 56/100 with 5 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 King Core Electronics (TPE:6155), the current ROC (Joel Greenblatt) % is 20.66% 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 King Core Electronics (TPE:6155) Overvalued in 2026?

Based on GuruFocus' analysis, King Core Electronics stock appears to be overvalued. The current stock price of NT$55.70 is trading 107.1% above its estimated GF Value™ of NT$26.89. GuruFocus considers King Core Electronics to be Significantly Overvalued.

Key valuation signals for TPE:6155:

  • ROC (Joel Greenblatt) %: 20.66% (12% above median its 10-year median of 18.38)
  • GF Value™: NT$26.89 vs. price of NT$55.70 (107.1% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 97.9% above the Hardware median (#1067 of 2491)

No single metric tells the full story. See the TPE:6155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Core Electronics Business Description

Address No.269, Nanfeng Road, Pingzhen District, Taoyuan, TWN, 324
King Core Electronics Inc is a manufacturer and service provider of inductance components and electromagnetic interference countermeasures. The company manufactures soft ferrites, magnetic core Flyback converters, convergence coils, delay-line filtering, electromagnetic components, micro coil, common mode choke, other coils, multilayer chip inductors, bead core/ chip beads, bead array, high-frequency ceramic chip inductors, telecommunications inductor and electromagnetic interference (EMI), converters and sales of the mentioned products. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, and other countries.
56GF Score

Get the complete analysis for TPE:6155

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$55.70
Price
NT$26.89
GF Value