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Powertech TechnologyTPE:6239 -9.00%70 ROC (Joel Greenblatt) % is 16.10% as of Mar. 2026, which is 6% below its 10-year median of 17.16. GuruFocus rates TPE:6239 with a GF Score™ of 70/100 and a GF Value™ of NT$162.47 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, Powertech Technology ranks better than 59.14% 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. Powertech Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.10%.
The historical rank and industry rank for Powertech Technology's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:6239'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.67 Med: 17.16 Max: 22.26
Current: 14.58
During the past 13 years, Powertech Technology's highest ROC (Joel Greenblatt) % was 22.26%. The lowest was 12.67%. And the median was 17.16%.
TPE:6239's ROC (Joel Greenblatt) % is ranked better than 59.14% of 1028
companies
in the Semiconductors industry
Industry Median: 8.265
vs TPE:6239: 14.58
Powertech Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.50% per year.
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.
Powertech Technology ROC (Joel Greenblatt) % Related Terms
Powertech Technology ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Powertech Technology'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:6239 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Powertech Technology'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.
Powertech Technology ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Powertech Technology's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Powertech Technology'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 16.10% mean?
Powertech Technology (TPE:6239) has a ROC (Joel Greenblatt) % of 16.10% 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 Powertech Technology and its competitors. This is near median its historical median of 17.16. Over the past decade, Powertech Technology's ROC (Joel Greenblatt) % has ranged from 12.67 to 22.26. According to the industry distribution chart, Powertech Technology ranks #420 out of 1028 companies in the Semiconductors industry, placing it in the top 40.9%.
Is Powertech Technology's ROC (Joel Greenblatt) % too high?
Powertech Technology's current ROC (Joel Greenblatt) % of 16.10% is near median its 10-year median of 17.16. Over the past 10 years, this metric has ranged from a low of 12.67 to a high of 22.26. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Powertech Technology's value of 16.10% is 94.8% above this industry median. Based on the distribution chart, Powertech Technology ranks #420 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Powertech Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powertech Technology's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Powertech Technology ranks #420 out of 1028 companies for ROC (Joel Greenblatt) %. This puts Powertech Technology in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.27. Powertech Technology's value of 16.10% is 94.8% above this benchmark. Historically, Powertech Technology's own ROC (Joel Greenblatt) % has ranged from 12.67 to 22.26 over the past decade. While the company's 10-year median is 17.16 vs. the industry median of 8.27, Powertech Technology 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.27, based on 1,028 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. Powertech Technology's current ROC (Joel Greenblatt) % of 16.10% is 94.8% 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 Powertech Technology and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powertech Technology's current ROC (Joel Greenblatt) % is 16.10%, which is near median its own 10-year median of 17.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertech Technology stock overvalued right now?
Based on GuruFocus' analysis, Powertech Technology (TPE:6239) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$162.47, compared to a current price of NT$288.00 — trading 77.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.10%, which is near median its 10-year median of 17.16 and 94.8% above the Semiconductors industry median of 8.27. Powertech Technology's overall GF Score™ is 70/100 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 Powertech Technology (TPE:6239), the current ROC (Joel Greenblatt) % is 16.10% 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 Powertech Technology (TPE:6239) Overvalued in 2026?
Based on GuruFocus' analysis, Powertech Technology stock appears to be overvalued.
The current stock price of NT$288.00 is trading 77.3% above its estimated GF Value™ of NT$162.47.
GuruFocus considers Powertech Technology to be Significantly Overvalued.
Key valuation signals for TPE:6239:
ROC (Joel Greenblatt) %: 16.10% (near median its 10-year median of 17.16)
GF Value™: NT$162.47 vs. price of NT$288.00 (77.3% above fair value)
Industry Position: 94.8% above the Semiconductors median (#420 of 1028)
No single metric tells the full story. See the TPE:6239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling, and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly. Geographically, the company derives a majority of its revenue from Taiwan followed by Singapore, Japan, America, Europe, China, Hong Kong, Macao, and other regions.
70GF Score
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