Horizon Fixture Group Co (TPE:6957) ROC (Joel Greenblatt) %: 50.82% (As of Dec. 2025) — Near Median

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TPE:6957 Horizon Fixture Group Co Ltd TPE:6957
24 GF Score
Price NT$240.00
! 8 Warning Signs
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What is Horizon Fixture Group Co ROC (Joel Greenblatt) %?

Horizon Fixture Group Co TPE:6957 -1.23% 24 ROC (Joel Greenblatt) % is 50.82% as of Dec. 2025, which is 9% below its 10-year median of 55.92. GuruFocus rates TPE:6957 with a GF Score™ of 24/100. The stock has 8 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Horizon Fixture Group Co ranks better than 81.76% 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. Horizon Fixture Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 50.82%.

The historical rank and industry rank for Horizon Fixture Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TPE:6957' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.8   Med: 55.92   Max: 160.62
Current: 29.35

During the past 5 years, Horizon Fixture Group Co's highest ROC (Joel Greenblatt) % was 160.62%. The lowest was 24.80%. And the median was 55.92%.

TPE:6957's ROC (Joel Greenblatt) % is ranked better than
81.76% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.33 vs TPE:6957: 29.35

Horizon Fixture Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Horizon Fixture Group Co  (TPE:6957) 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.


Horizon Fixture Group Co ROC (Joel Greenblatt) % Related Terms


Horizon Fixture Group Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co ROC (Joel Greenblatt) % Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
32.00 94.88 160.62 55.92 24.80

Horizon Fixture Group Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only 59.19 14.60 5.22 47.29 50.82

TPE:6957 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.


Horizon Fixture Group Co ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Horizon Fixture Group Co's ROC (Joel Greenblatt) % falls into.


TPE:6957
24GF Score
Horizon Fixture Group Co Ltd TPE:6957
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Fixture Group 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)
=(728.14 + 325.624 + 114.969) - (631.631 + 0 + 21.505)
=515.597

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1097.15 + 363.914 + 93.005) - (734.272 + 0 + 15.823)
=803.974

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Horizon Fixture Group 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 )
=1366.508/( ( (1923.64 + max(515.597, 0)) + (2134.648 + max(803.974, 0)) )/ 2 )
=1366.508/( ( 2439.237 + 2938.622 )/ 2 )
=1366.508/2688.9295
=50.82 %

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 50.82% mean?
Horizon Fixture Group Co (TPE:6957) has a ROC (Joel Greenblatt) % of 50.82% 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 Horizon Fixture Group Co and its competitors. This is near median its historical median of 55.92. Over the past decade, Horizon Fixture Group Co's ROC (Joel Greenblatt) % has ranged from 24.80 to 160.62. According to the industry distribution chart, Horizon Fixture Group Co ranks #79 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 18.2%.
Is Horizon Fixture Group Co's ROC (Joel Greenblatt) % too high?
Horizon Fixture Group Co's current ROC (Joel Greenblatt) % of 50.82% is near median its 10-year median of 55.92. Over the past 10 years, this metric has ranged from a low of 24.80 to a high of 160.62. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.33. Horizon Fixture Group Co's value of 50.82% is 444.7% above this industry median. Based on the distribution chart, Horizon Fixture Group Co ranks #79 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Fixture Group Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Fixture Group Co's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Horizon Fixture Group Co ranks #79 out of 433 companies for ROC (Joel Greenblatt) %. This places Horizon Fixture Group Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.33. Horizon Fixture Group Co's value of 50.82% is 444.7% above this benchmark. Historically, Horizon Fixture Group Co's own ROC (Joel Greenblatt) % has ranged from 24.80 to 160.62 over the past decade. While the company's 10-year median is 55.92 vs. the industry median of 9.33, Horizon Fixture Group 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.33, based on 433 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. Horizon Fixture Group Co's current ROC (Joel Greenblatt) % of 50.82% is 444.7% 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 Horizon Fixture Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Fixture Group Co's current ROC (Joel Greenblatt) % is 50.82%, which is near median its own 10-year median of 55.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Fixture Group Co stock overvalued right now?
Horizon Fixture Group Co (TPE:6957) has a current ROC (Joel Greenblatt) % of 50.82%. The current ROC (Joel Greenblatt) % is 50.82%, which is near median its 10-year median of 55.92 and 444.7% above the Furnishings, Fixtures & Appliances industry median of 9.33. Horizon Fixture Group Co's overall GF Score™ is 24/100 with 8 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 Horizon Fixture Group Co (TPE:6957), the current ROC (Joel Greenblatt) % is 50.82% 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.

Horizon Fixture Group Co Business Description

Address No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 540028
Horizon Fixture Group Co Ltd is engaged in the design, manufacturing, and sale of retail store display fixtures and related products. The group provides customized in-store display solutions, including shelving systems, kiosks, modular stands, and other display fixtures, along with installation and delivery services. Its operations include iron and wood manufacturing and related logistics services.
24GF Score

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

NT$240.00
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