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Visco VisionTPE:6782 -1.86%91 ROC (Joel Greenblatt) % is 33.69% as of Dec. 2025, which is 12% above its 10-year median of 30.06. GuruFocus rates TPE:6782 with a GF Score™ of 91/100 and a GF Value™ of NT$329.84 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 838 Medical Devices & Instruments companies, Visco Vision ranks better than 83.29% 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. Visco Vision's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 33.69%.
The historical rank and industry rank for Visco Vision's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:6782'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.77 Med: 30.06 Max: 37.85
Current: 37.1
During the past 9 years, Visco Vision's highest ROC (Joel Greenblatt) % was 37.85%. The lowest was 12.77%. And the median was 30.06%.
TPE:6782's ROC (Joel Greenblatt) % is ranked better than 83.29% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.145
vs TPE:6782: 37.10
Visco Vision's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.10% 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.
Visco Vision ROC (Joel Greenblatt) % Related Terms
Visco Vision ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Visco Vision'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:6782 vs ISRG, BDX, MDLN: ROC (Joel Greenblatt) % Comparison
For the Medical Instruments & Supplies subindustry, Visco Vision'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.
Visco Vision ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Visco Vision's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Visco Vision'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 (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 33.69% mean?
Visco Vision (TPE:6782) has a ROC (Joel Greenblatt) % of 33.69% 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 Visco Vision and its competitors. This is 12% above median its historical median of 30.06. Over the past decade, Visco Vision's ROC (Joel Greenblatt) % has ranged from 12.77 to 37.85. According to the industry distribution chart, Visco Vision ranks #140 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 16.7%.
Is Visco Vision's ROC (Joel Greenblatt) % too high?
Visco Vision's current ROC (Joel Greenblatt) % of 33.69% is 12% above median its 10-year median of 30.06. Over the past 10 years, this metric has ranged from a low of 12.77 to a high of 37.85. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.15. Visco Vision's value of 33.69% is 712.8% above this industry median. Based on the distribution chart, Visco Vision ranks #140 out of 838 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Visco Vision has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Visco Vision's ROC (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Visco Vision ranks #140 out of 838 companies for ROC (Joel Greenblatt) %. This places Visco Vision in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.15. Visco Vision's value of 33.69% is 712.8% above this benchmark. Historically, Visco Vision's own ROC (Joel Greenblatt) % has ranged from 12.77 to 37.85 over the past decade. While the company's 10-year median is 30.06 vs. the industry median of 4.15, Visco Vision 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.15, based on 838 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. Visco Vision's current ROC (Joel Greenblatt) % of 33.69% is 712.8% 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 Visco Vision and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visco Vision's current ROC (Joel Greenblatt) % is 33.69%, which is 12% above median its own 10-year median of 30.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visco Vision stock overvalued right now?
Based on GuruFocus' analysis, Visco Vision (TPE:6782) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$329.84, compared to a current price of NT$185.00 — trading 43.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 33.69%, which is 12% above median its 10-year median of 30.06 and 712.8% above the Medical Devices & Instruments industry median of 4.15. Visco Vision's overall GF Score™ is 91/100 with 1 warning sign 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 Visco Vision (TPE:6782), the current ROC (Joel Greenblatt) % is 33.69% 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 Visco Vision (TPE:6782) Overvalued in 2026?
Based on GuruFocus' analysis, Visco Vision stock appears to be undervalued.
The current stock price of NT$185.00 is trading 43.9% below its estimated GF Value™ of NT$329.84.
GuruFocus considers Visco Vision to be Significantly Undervalued.
Key valuation signals for TPE:6782:
ROC (Joel Greenblatt) %: 33.69% (12% above median its 10-year median of 30.06)
GF Value™: NT$329.84 vs. price of NT$185.00 (43.9% below fair value)
Industry Position: 712.8% above the Medical Devices & Instruments median (#140 of 838)
No single metric tells the full story. See the TPE:6782 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Visco Vision Inc is a manufacturer and seller of disposable contact lenses. The company manufactures Spherical Lenses, Multifocal lenses, Toric lenses, and Cosmetic lenses. Geographically, the company earns maximum revenue from Asia, followed by Europe, Taiwan, and the Americas.
91GF Score
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