BORETECH Resource Recovery Engineering Co (TPE:6887) ROC (Joel Greenblatt) %: 63.54% (As of Dec. 2025) — 72% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6887 BORETECH Resource Recovery Engineering Co Ltd TPE:6887
23 GF Score
Price NT$39.45
! 4 Warning Signs
View Full Analysis

What is BORETECH Resource Recovery Engineering Co ROC (Joel Greenblatt) %?

BORETECH Resource Recovery Engineering Co TPE:6887 +5.06% 23 ROC (Joel Greenblatt) % is 63.54% as of Dec. 2025, which is 72% above its 10-year median of 37.02. GuruFocus rates TPE:6887 with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 245 Waste Management companies, BORETECH Resource Recovery Engineering Co ranks better than 86.53% 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. BORETECH Resource Recovery Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 63.54%.

The historical rank and industry rank for BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:6887' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 35.67   Med: 37.02   Max: 75.04
Current: 38.7

During the past 5 years, BORETECH Resource Recovery Engineering Co's highest ROC (Joel Greenblatt) % was 75.04%. The lowest was 35.67%. And the median was 37.02%.

TPE:6887's ROC (Joel Greenblatt) % is ranked better than
86.53% of 245 companies
in the Waste Management industry
Industry Median: 11.43 vs TPE:6887: 38.70

BORETECH Resource Recovery Engineering Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


BORETECH Resource Recovery Engineering Co  (TPE:6887) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


BORETECH Resource Recovery Engineering Co ROC (Joel Greenblatt) % Related Terms


BORETECH Resource Recovery Engineering Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BORETECH Resource Recovery Engineering 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.

BORETECH Resource Recovery Engineering Co ROC (Joel Greenblatt) % Chart

BORETECH Resource Recovery Engineering Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
37.02 35.67 75.04 64.91 36.20

BORETECH Resource Recovery Engineering Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.72 49.91 23.62 14.20 63.54

TPE:6887 vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison

For the Waste Management subindustry, BORETECH Resource Recovery Engineering 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.


BORETECH Resource Recovery Engineering Co ROC (Joel Greenblatt) % vs Waste Management Industry

For the Waste Management industry and Industrials sector, BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % falls into.


TPE:6887
23GF Score
BORETECH Resource Recovery Engineering Co Ltd TPE:6887
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BORETECH Resource Recovery Engineering 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(341.256 + 1054.147 + 358.372) - (641.361 + 0 + 795.055)
=317.359

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(455.129 + 907.023 + 214.556) - (747.688 + 0 + 480.109)
=348.911

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BORETECH Resource Recovery Engineering Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=756.312/( ( (816.604 + max(317.359, 0)) + (897.657 + max(348.911, 0)) )/ 2 )
=756.312/( ( 1133.963 + 1246.568 )/ 2 )
=756.312/1190.2655
=63.54 %

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 63.54% mean?
BORETECH Resource Recovery Engineering Co (TPE:6887) has a ROC (Joel Greenblatt) % of 63.54% 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 BORETECH Resource Recovery Engineering Co and its competitors. This is 72% above median its historical median of 37.02. Over the past decade, BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % has ranged from 35.67 to 75.04. According to the industry distribution chart, BORETECH Resource Recovery Engineering Co ranks #33 out of 245 companies in the Waste Management industry, placing it in the top 13.5%.
Is BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % too high?
BORETECH Resource Recovery Engineering Co's current ROC (Joel Greenblatt) % of 63.54% is 72% above median its 10-year median of 37.02. Over the past 10 years, this metric has ranged from a low of 35.67 to a high of 75.04. The Waste Management industry median ROC (Joel Greenblatt) % is 11.43. BORETECH Resource Recovery Engineering Co's value of 63.54% is 455.9% above this industry median. Based on the distribution chart, BORETECH Resource Recovery Engineering Co ranks #33 out of 245 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, BORETECH Resource Recovery Engineering Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does BORETECH Resource Recovery Engineering Co's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, BORETECH Resource Recovery Engineering Co ranks #33 out of 245 companies for ROC (Joel Greenblatt) %. This places BORETECH Resource Recovery Engineering Co in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.43. BORETECH Resource Recovery Engineering Co's value of 63.54% is 455.9% above this benchmark. Historically, BORETECH Resource Recovery Engineering Co's own ROC (Joel Greenblatt) % has ranged from 35.67 to 75.04 over the past decade. While the company's 10-year median is 37.02 vs. the industry median of 11.43, BORETECH Resource Recovery Engineering 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.43, based on 245 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. BORETECH Resource Recovery Engineering Co's current ROC (Joel Greenblatt) % of 63.54% is 455.9% 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 BORETECH Resource Recovery Engineering Co and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BORETECH Resource Recovery Engineering Co's current ROC (Joel Greenblatt) % is 63.54%, which is 72% above median its own 10-year median of 37.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BORETECH Resource Recovery Engineering Co stock overvalued right now?
BORETECH Resource Recovery Engineering Co (TPE:6887) has a current ROC (Joel Greenblatt) % of 63.54%. The current ROC (Joel Greenblatt) % is 63.54%, which is 72% above median its 10-year median of 37.02 and 455.9% above the Waste Management industry median of 11.43. BORETECH Resource Recovery Engineering Co's overall GF Score™ is 23/100 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 BORETECH Resource Recovery Engineering Co (TPE:6887), the current ROC (Joel Greenblatt) % is 63.54% 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.

BORETECH Resource Recovery Engineering Co Business Description

Address No. 3, Gong 5th Road, Liouying District, Tainan, TWN
BORETECH Resource Recovery Engineering Co Ltd is engaged in providing complete solutions for plastic recycling and cleaning, as well as the research, development, and production of recycled fibers and recycled polyester raw materials. The company's operations are divided into two sectors: Equipment Engineering Business and Production Business. Its products include engineering equipment, polyester fibers, and recycled polyester pellets, which are applied in various industries such as food/non-food packaging, apparel, hygiene materials, and automotive interiors.
23GF Score

Get the complete analysis for TPE:6887

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$39.45
Price