Taiwankura (TPE:9911) ROC (Joel Greenblatt) %: 64.18% (As of Mar. 2026) — Near Median

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TPE:9911 Taiwan Sakura Corp TPE:9911
100 GF Score
Price NT$82.60
GF Value NT$91.33
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Taiwankura ROC (Joel Greenblatt) %?

Taiwankura TPE:9911 +0.61% 100 ROC (Joel Greenblatt) % is 64.18% as of Mar. 2026, which is 1% above its 10-year median of 63.37. GuruFocus rates TPE:9911 with a GF Score™ of 100/100 and a GF Value™ of NT$91.33 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Taiwankura ranks better than 91.69% 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. Taiwankura's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 64.18%.

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

TPE:9911' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 57.16   Med: 63.37   Max: 74.71
Current: 57.16

During the past 13 years, Taiwankura's highest ROC (Joel Greenblatt) % was 74.71%. The lowest was 57.16%. And the median was 63.37%.

TPE:9911's ROC (Joel Greenblatt) % is ranked better than
91.69% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.33 vs TPE:9911: 57.16

Taiwankura's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.70% per year.


Taiwankura  (TPE:9911) 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.


Taiwankura ROC (Joel Greenblatt) % Related Terms


Taiwankura ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Taiwankura'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.

Taiwankura ROC (Joel Greenblatt) % Chart

Taiwankura Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.93 57.48 57.51 63.29 58.91

Taiwankura Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.75 49.29 54.38 59.03 64.18

TPE:9911 vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Taiwankura'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.


Taiwankura ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Taiwankura's ROC (Joel Greenblatt) % falls into.


TPE:9911
100GF Score
Taiwan Sakura Corp TPE:9911
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwankura 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1240.409 + 1768.965 + 155.051) - (2906.577 + 0 + 366.338)
=-108.49

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1320.383 + 1666.83 + 152.581) - (3836.205 + 0 + 361.781)
=-1058.192

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Taiwankura for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2021.08/( ( (3133.741 + max(-108.49, 0)) + (3164.745 + max(-1058.192, 0)) )/ 2 )
=2021.08/( ( 3133.741 + 3164.745 )/ 2 )
=2021.08/3149.243
=64.18 %

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 64.18% mean?
Taiwankura (TPE:9911) has a ROC (Joel Greenblatt) % of 64.18% 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 Taiwankura and its competitors. This is near median its historical median of 63.37. Over the past decade, Taiwankura's ROC (Joel Greenblatt) % has ranged from 57.16 to 74.71. According to the industry distribution chart, Taiwankura ranks #36 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 8.3%.
Is Taiwankura's ROC (Joel Greenblatt) % too high?
Taiwankura's current ROC (Joel Greenblatt) % of 64.18% is near median its 10-year median of 63.37. Over the past 10 years, this metric has ranged from a low of 57.16 to a high of 74.71. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.33. Taiwankura's value of 64.18% is 587.9% above this industry median. Based on the distribution chart, Taiwankura ranks #36 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwankura has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwankura's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Taiwankura ranks #36 out of 433 companies for ROC (Joel Greenblatt) %. This places Taiwankura in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.33. Taiwankura's value of 64.18% is 587.9% above this benchmark. Historically, Taiwankura's own ROC (Joel Greenblatt) % has ranged from 57.16 to 74.71 over the past decade. While the company's 10-year median is 63.37 vs. the industry median of 9.33, Taiwankura 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. Taiwankura's current ROC (Joel Greenblatt) % of 64.18% is 587.9% 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 Taiwankura 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. Taiwankura's current ROC (Joel Greenblatt) % is 64.18%, which is near median its own 10-year median of 63.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwankura stock overvalued right now?
Based on GuruFocus' analysis, Taiwankura (TPE:9911) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$91.33, compared to a current price of NT$82.60 — trading 9.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 64.18%, which is near median its 10-year median of 63.37 and 587.9% above the Furnishings, Fixtures & Appliances industry median of 9.33. Taiwankura's overall GF Score™ is 100/100 with 3 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 Taiwankura (TPE:9911), the current ROC (Joel Greenblatt) % is 64.18% 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 Taiwankura (TPE:9911) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwankura stock appears to be undervalued. The current stock price of NT$82.60 is trading 9.6% below its estimated GF Value™ of NT$91.33. GuruFocus considers Taiwankura to be Modestly Undervalued.

Key valuation signals for TPE:9911:

  • ROC (Joel Greenblatt) %: 64.18% (near median its 10-year median of 63.37)
  • GF Value™: NT$91.33 vs. price of NT$82.60 (9.6% below fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 587.9% above the Furnishings, Fixtures & Appliances median (#36 of 433)

No single metric tells the full story. See the TPE:9911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwankura Business Description

Address Yatan Road, No. 436, Section 4, Daya District, Taichung, TWN, 429
Taiwan Sakura Corp mainly manufactures and sells gas cookers, water heaters, kitchen appliances, furniture, building materials, metal hardware parts, sports equipment, electric hand tools, sanitary equipment, and whole bathrooms. The Group's reporting departments are: Gas Appliances, Kitchenware, Sakura Enterprise (British Virgin Islands) Ltd., and other operating segments. Maximum revenue is derived from the Gas Appliances Department, which is mainly responsible for the manufacturing and trading of gas appliances. The Kitchenware Department is mainly responsible for the manufacturing and trading of system kitchenware and its related components. Geographically, it derives maximum revenue from Taiwan, and the rest from China (including Hong Kong), Vietnam, and other regions.
100GF Score

Get the complete analysis for TPE:9911

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

NT$82.60
Price
NT$91.33
GF Value