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VisEra Technologies CoTPE:6789 -3.06%79 ROC (Joel Greenblatt) % is 22.07% as of Dec. 2025, which is 3% above its 10-year median of 21.50. GuruFocus rates TPE:6789 with a GF Score™ of 79/100 and a GF Value™ of NT$280.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, VisEra Technologies Co ranks better than 62.55% 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. VisEra Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.07%.
The historical rank and industry rank for VisEra Technologies Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:6789'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.49 Med: 21.5 Max: 51.09
Current: 17.19
During the past 9 years, VisEra Technologies Co's highest ROC (Joel Greenblatt) % was 51.09%. The lowest was 3.49%. And the median was 21.50%.
TPE:6789's ROC (Joel Greenblatt) % is ranked better than 62.55% of 1028
companies
in the Semiconductors industry
Industry Median: 8.265
vs TPE:6789: 17.19
VisEra Technologies Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -20.90% per year.
VisEra Technologies Co (TPE:6789) 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.
VisEra Technologies Co ROC (Joel Greenblatt) % Related Terms
VisEra Technologies Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for VisEra Technologies 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.
VisEra Technologies Co ROC (Joel Greenblatt) % Chart
TPE:6789 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, VisEra Technologies 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.
VisEra Technologies Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, VisEra Technologies Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VisEra Technologies Co's ROC (Joel Greenblatt) % falls into.
VisEra Technologies 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 22.07% mean?
VisEra Technologies Co (TPE:6789) has a ROC (Joel Greenblatt) % of 22.07% 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 VisEra Technologies Co and its competitors. This is near median its historical median of 21.50. Over the past decade, VisEra Technologies Co's ROC (Joel Greenblatt) % has ranged from 3.49 to 51.09. According to the industry distribution chart, VisEra Technologies Co ranks #385 out of 1028 companies in the Semiconductors industry, placing it in the top 37.5%.
Is VisEra Technologies Co's ROC (Joel Greenblatt) % too high?
VisEra Technologies Co's current ROC (Joel Greenblatt) % of 22.07% is near median its 10-year median of 21.50. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 51.09. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. VisEra Technologies Co's value of 22.07% is 167% above this industry median. Based on the distribution chart, VisEra Technologies Co ranks #385 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, VisEra Technologies Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VisEra Technologies Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, VisEra Technologies Co ranks #385 out of 1028 companies for ROC (Joel Greenblatt) %. This puts VisEra Technologies Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.27. VisEra Technologies Co's value of 22.07% is 167% above this benchmark. Historically, VisEra Technologies Co's own ROC (Joel Greenblatt) % has ranged from 3.49 to 51.09 over the past decade. While the company's 10-year median is 21.50 vs. the industry median of 8.27, VisEra Technologies 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 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. VisEra Technologies Co's current ROC (Joel Greenblatt) % of 22.07% is 167% 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 VisEra Technologies Co 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. VisEra Technologies Co's current ROC (Joel Greenblatt) % is 22.07%, which is near median its own 10-year median of 21.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VisEra Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, VisEra Technologies Co (TPE:6789) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$280.45, compared to a current price of NT$459.00 — trading 63.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.07%, which is near median its 10-year median of 21.50 and 167% above the Semiconductors industry median of 8.27. VisEra Technologies Co's overall GF Score™ is 79/100 with 4 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 VisEra Technologies Co (TPE:6789), the current ROC (Joel Greenblatt) % is 22.07% 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 VisEra Technologies Co (TPE:6789) Overvalued in 2026?
Based on GuruFocus' analysis, VisEra Technologies Co stock appears to be overvalued.
The current stock price of NT$459.00 is trading 63.7% above its estimated GF Value™ of NT$280.45.
GuruFocus considers VisEra Technologies Co to be Significantly Overvalued.
Key valuation signals for TPE:6789:
ROC (Joel Greenblatt) %: 22.07% (near median its 10-year median of 21.50)
GF Value™: NT$280.45 vs. price of NT$459.00 (63.7% above fair value)
Industry Position: 167% above the Semiconductors median (#385 of 1028)
No single metric tells the full story. See the TPE:6789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VisEra Technologies Co Ltd is a dedicated optical foundry mainly engaged in manufacturing electronic spare parts and researching, developing, designing, manufacturing, selling, packaging, and testing color filters. The company's main products include image sensors, optical fingerprint sensors, light sensors, and time of flight sensors, which have applications in mobile, automotive, smart homes, biomedical sensors, AR, and VR sectors. Geographically, the company operates in Asia, Taiwan, Europe, and the United States, and it derives a majority of its revenue from Asian Markets.
79GF Score
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