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Ya Horng Electronic CoTPE:6201 +0.10%82 ROC (Joel Greenblatt) % is 18.23% as of Dec. 2025, which is 34% below its 10-year median of 27.72. GuruFocus rates TPE:6201 with a GF Score™ of 82/100 and a GF Value™ of NT$57.12 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Ya Horng Electronic Co ranks better than 84.53% 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. Ya Horng Electronic Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.23%.
The historical rank and industry rank for Ya Horng Electronic Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:6201'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.97 Med: 27.72 Max: 42.62
Current: 31.68
During the past 13 years, Ya Horng Electronic Co's highest ROC (Joel Greenblatt) % was 42.62%. The lowest was 24.97%. And the median was 27.72%.
TPE:6201's ROC (Joel Greenblatt) % is ranked better than 84.53% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.37
vs TPE:6201: 31.68
Ya Horng Electronic Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.10% per year.
Ya Horng Electronic Co (TPE:6201) 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.
Ya Horng Electronic Co ROC (Joel Greenblatt) % Related Terms
Ya Horng Electronic Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ya Horng Electronic 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.
Ya Horng Electronic Co ROC (Joel Greenblatt) % Chart
TPE:6201 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ya Horng Electronic 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.
Ya Horng Electronic Co ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ya Horng Electronic Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ya Horng Electronic Co's ROC (Joel Greenblatt) % falls into.
Ya Horng Electronic 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 18.23% mean?
Ya Horng Electronic Co (TPE:6201) has a ROC (Joel Greenblatt) % of 18.23% 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 Ya Horng Electronic Co and its competitors. This is 34% below median its historical median of 27.72. Over the past decade, Ya Horng Electronic Co's ROC (Joel Greenblatt) % has ranged from 24.97 to 42.62. According to the industry distribution chart, Ya Horng Electronic Co ranks #67 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 15.5%.
Is Ya Horng Electronic Co's ROC (Joel Greenblatt) % too high?
Ya Horng Electronic Co's current ROC (Joel Greenblatt) % of 18.23% is 34% below median its 10-year median of 27.72. Over the past 10 years, this metric has ranged from a low of 24.97 to a high of 42.62. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.37. Ya Horng Electronic Co's value of 18.23% is 94.6% above this industry median. Based on the distribution chart, Ya Horng Electronic Co ranks #67 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Ya Horng Electronic Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ya Horng Electronic Co's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ya Horng Electronic Co ranks #67 out of 433 companies for ROC (Joel Greenblatt) %. This places Ya Horng Electronic Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.37. Ya Horng Electronic Co's value of 18.23% is 94.6% above this benchmark. Historically, Ya Horng Electronic Co's own ROC (Joel Greenblatt) % has ranged from 24.97 to 42.62 over the past decade. While the company's 10-year median is 27.72 vs. the industry median of 9.37, Ya Horng Electronic 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.37, based on 433 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. Ya Horng Electronic Co's current ROC (Joel Greenblatt) % of 18.23% is 94.6% 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 Ya Horng Electronic Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ya Horng Electronic Co's current ROC (Joel Greenblatt) % is 18.23%, which is 34% below median its own 10-year median of 27.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ya Horng Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Ya Horng Electronic Co (TPE:6201) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$57.12, compared to a current price of NT$49.05 — trading 14.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.23%, which is 34% below median its 10-year median of 27.72 and 94.6% above the Furnishings, Fixtures & Appliances industry median of 9.37. Ya Horng Electronic Co's overall GF Score™ is 82/100 with 2 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 Ya Horng Electronic Co (TPE:6201), the current ROC (Joel Greenblatt) % is 18.23% 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 Ya Horng Electronic Co (TPE:6201) Overvalued in 2026?
Based on GuruFocus' analysis, Ya Horng Electronic Co stock appears to be undervalued.
The current stock price of NT$49.05 is trading 14.1% below its estimated GF Value™ of NT$57.12.
GuruFocus considers Ya Horng Electronic Co to be Modestly Undervalued.
Key valuation signals for TPE:6201:
ROC (Joel Greenblatt) %: 18.23% (34% below median its 10-year median of 27.72)
GF Value™: NT$57.12 vs. price of NT$49.05 (14.1% below fair value)
Industry Position: 94.6% above the Furnishings, Fixtures & Appliances median (#67 of 433)
No single metric tells the full story. See the TPE:6201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ya Horng Electronic Co Ltd is a Taiwan-based electronic components manufacturing company. It is engaged in the production and sales of household appliances. The Company's main profitable business projects are the electronic audio messaging, small household appliances, medical devices, and electronic components.
82GF Score
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