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Aaeon TechnologyTPE:6579 -0.67%80 ROC (Joel Greenblatt) % is 71.48% as of Mar. 2026, which is 33% above its 10-year median of 53.90. GuruFocus rates TPE:6579 with a GF Score™ of 80/100 and a GF Value™ of NT$145.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,492 Hardware companies, Aaeon Technology ranks better than 83.07% 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. Aaeon Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 71.48%.
The historical rank and industry rank for Aaeon Technology's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:6579'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 35.7 Med: 53.9 Max: 74.56
Current: 39.09
During the past 13 years, Aaeon Technology's highest ROC (Joel Greenblatt) % was 74.56%. The lowest was 35.70%. And the median was 53.90%.
TPE:6579's ROC (Joel Greenblatt) % is ranked better than 83.07% of 2492
companies
in the Hardware industry
Industry Median: 10.435
vs TPE:6579: 39.09
Aaeon Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.80% 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.
Aaeon Technology ROC (Joel Greenblatt) % Related Terms
Aaeon Technology ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Aaeon 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:6579 vs SNDK, DELL, STX: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Aaeon 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.
Aaeon Technology ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Aaeon Technology's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aaeon 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 71.48% mean?
Aaeon Technology (TPE:6579) has a ROC (Joel Greenblatt) % of 71.48% 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 Aaeon Technology and its competitors. This is 33% above median its historical median of 53.90. Over the past decade, Aaeon Technology's ROC (Joel Greenblatt) % has ranged from 35.70 to 74.56. According to the industry distribution chart, Aaeon Technology ranks #422 out of 2492 companies in the Hardware industry, placing it in the top 16.9%.
Is Aaeon Technology's ROC (Joel Greenblatt) % too high?
Aaeon Technology's current ROC (Joel Greenblatt) % of 71.48% is 33% above median its 10-year median of 53.90. Over the past 10 years, this metric has ranged from a low of 35.70 to a high of 74.56. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Aaeon Technology's value of 71.48% is 585% above this industry median. Based on the distribution chart, Aaeon Technology ranks #422 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aaeon Technology has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aaeon Technology's ROC (Joel Greenblatt) % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Aaeon Technology ranks #422 out of 2492 companies for ROC (Joel Greenblatt) %. This places Aaeon Technology in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. Aaeon Technology's value of 71.48% is 585% above this benchmark. Historically, Aaeon Technology's own ROC (Joel Greenblatt) % has ranged from 35.70 to 74.56 over the past decade. While the company's 10-year median is 53.90 vs. the industry median of 10.44, Aaeon 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,492 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. Aaeon Technology's current ROC (Joel Greenblatt) % of 71.48% is 585% 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 Aaeon Technology 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. Aaeon Technology's current ROC (Joel Greenblatt) % is 71.48%, which is 33% above median its own 10-year median of 53.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aaeon Technology stock overvalued right now?
Based on GuruFocus' analysis, Aaeon Technology (TPE:6579) is currently considered Fairly Valued. The stock's GF Value™ is NT$145.33, compared to a current price of NT$149.00 — trading 2.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 71.48%, which is 33% above median its 10-year median of 53.90 and 585% above the Hardware industry median of 10.44. Aaeon Technology's overall GF Score™ is 80/100 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 Aaeon Technology (TPE:6579), the current ROC (Joel Greenblatt) % is 71.48% 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 Aaeon Technology (TPE:6579) Overvalued in 2026?
Based on GuruFocus' analysis, Aaeon Technology stock appears to be overvalued.
The current stock price of NT$149.00 is trading 2.5% above its estimated GF Value™ of NT$145.33.
GuruFocus considers Aaeon Technology to be Fairly Valued.
Key valuation signals for TPE:6579:
ROC (Joel Greenblatt) %: 71.48% (33% above median its 10-year median of 53.90)
GF Value™: NT$145.33 vs. price of NT$149.00 (2.5% above fair value)
Industry Position: 585% above the Hardware median (#422 of 2492)
No single metric tells the full story. See the TPE:6579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aaeon Technology Inc is engaged in the manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, and the import/export of related materials. Geographically, it derives maximum revenue from Taiwan, followed by Europe, USA, China, and other regions.
80GF Score
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