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Advanced Power ElectronicsTPE:8261 -8.76%71 ROC (Joel Greenblatt) % is 70.06% as of Mar. 2026, which is 198% above its 10-year median of 23.50. GuruFocus rates TPE:8261 with a GF Score™ of 71/100 and a GF Value™ of NT$96.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Advanced Power Electronics ranks better than 90.95% 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. Advanced Power Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 70.06%.
The historical rank and industry rank for Advanced Power Electronics's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:8261'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.55 Med: 23.5 Max: 87.07
Current: 77.55
During the past 13 years, Advanced Power Electronics's highest ROC (Joel Greenblatt) % was 87.07%. The lowest was 5.55%. And the median was 23.50%.
TPE:8261's ROC (Joel Greenblatt) % is ranked better than 90.95% of 1028
companies
in the Semiconductors industry
Industry Median: 8.265
vs TPE:8261: 77.55
Advanced Power Electronics (TPE:8261) 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.
* 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.
Advanced Power Electronics ROC (Joel Greenblatt) % Chart
TPE:8261 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Advanced Power Electronics'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.
Advanced Power Electronics ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Power Electronics's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Advanced Power Electronics's ROC (Joel Greenblatt) % falls into.
Advanced Power Electronics 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 (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 70.06% mean?
Advanced Power Electronics (TPE:8261) has a ROC (Joel Greenblatt) % of 70.06% 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 Advanced Power Electronics and its competitors. This is 198% above median its historical median of 23.50. Over the past decade, Advanced Power Electronics' ROC (Joel Greenblatt) % has ranged from 5.55 to 87.07. According to the industry distribution chart, Advanced Power Electronics ranks #93 out of 1028 companies in the Semiconductors industry, placing it in the top 9%.
Is Advanced Power Electronics' ROC (Joel Greenblatt) % too high?
Advanced Power Electronics' current ROC (Joel Greenblatt) % of 70.06% is 198% above median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 87.07. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.27. Advanced Power Electronics' value of 70.06% is 747.7% above this industry median. Based on the distribution chart, Advanced Power Electronics ranks #93 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Advanced Power Electronics has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Power Electronics' ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Advanced Power Electronics ranks #93 out of 1028 companies for ROC (Joel Greenblatt) %. This places Advanced Power Electronics in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.27. Advanced Power Electronics' value of 70.06% is 747.7% above this benchmark. Historically, Advanced Power Electronics' own ROC (Joel Greenblatt) % has ranged from 5.55 to 87.07 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 8.27, Advanced Power Electronics 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. Advanced Power Electronics's current ROC (Joel Greenblatt) % of 70.06% is 747.7% 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 Advanced Power Electronics 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. Advanced Power Electronics's current ROC (Joel Greenblatt) % is 70.06%, which is 198% above median its own 10-year median of 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Advanced Power Electronics (TPE:8261) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$96.71, compared to a current price of NT$229.00 — trading 136.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 70.06%, which is 198% above median its 10-year median of 23.50 and 747.7% above the Semiconductors industry median of 8.27. Advanced Power Electronics' overall GF Score™ is 71/100 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 Advanced Power Electronics (TPE:8261), the current ROC (Joel Greenblatt) % is 70.06% 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 Advanced Power Electronics (TPE:8261) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Power Electronics stock appears to be overvalued.
The current stock price of NT$229.00 is trading 136.8% above its estimated GF Value™ of NT$96.71.
GuruFocus considers Advanced Power Electronics to be Significantly Overvalued.
Key valuation signals for TPE:8261:
ROC (Joel Greenblatt) %: 70.06% (198% above median its 10-year median of 23.50)
GF Value™: NT$96.71 vs. price of NT$229.00 (136.8% above fair value)
Industry Position: 747.7% above the Semiconductors median (#93 of 1028)
No single metric tells the full story. See the TPE:8261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Power Electronics Corp, formerly Advance Power Electronics Co Ltd provides total solutions for new power requirements in MOSFETs, and IGBTs in Taiwan. It is mainly engaged in mainly deals with the design, testing, and trading, among others, of electronic elements, such as integrated circuits and semi-conductors. Geographically, the company operates in Taiwan, China and Others, of which it derives maximum revenue from Taiwan. The products of the company include: Power Mosfets; Super Junction; and Automotive. The company's products are broadly applied in the computing, consumer electronics, display, communications and industrial segments.
71GF Score
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