CHC Resources (TPE:9930) ROC (Joel Greenblatt) %: 24.56% (As of Dec. 2025) — 51% Above Median

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TPE:9930 CHC Resources Corp TPE:9930
99 GF Score
Price NT$62.80
GF Value NT$73.42
Valuation Modestly Undervalued
! 1 Warning Sign
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What is CHC Resources ROC (Joel Greenblatt) %?

CHC Resources TPE:9930 -2.03% 99 ROC (Joel Greenblatt) % is 24.56% as of Dec. 2025, which is 51% above its 10-year median of 16.27. GuruFocus rates TPE:9930 with a GF Score™ of 99/100 and a GF Value™ of NT$73.42 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 409 Building Materials companies, CHC Resources ranks better than 85.57% 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. CHC Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.56%.

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

TPE:9930' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.72   Med: 16.27   Max: 27.53
Current: 27.53

During the past 13 years, CHC Resources's highest ROC (Joel Greenblatt) % was 27.53%. The lowest was 9.72%. And the median was 16.27%.

TPE:9930's ROC (Joel Greenblatt) % is ranked better than
85.57% of 409 companies
in the Building Materials industry
Industry Median: 8.57 vs TPE:9930: 27.53

CHC Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 24.80% per year.


CHC Resources  (TPE:9930) 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.


CHC Resources ROC (Joel Greenblatt) % Related Terms


CHC Resources ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CHC Resources'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.

CHC Resources ROC (Joel Greenblatt) % Chart

CHC Resources 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 9.72 11.24 15.55 24.39 26.94

CHC Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.09 28.90 31.49 25.88 24.56

TPE:9930 vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison

For the Building Materials subindustry, CHC Resources'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.


CHC Resources ROC (Joel Greenblatt) % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, CHC Resources's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TPE:9930
99GF Score
CHC Resources Corp TPE:9930
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CHC Resources 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)
=(1197.258 + 459.944 + 253.039) - (1391.103 + 0 + 133.224)
=385.914

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1270.801 + 468.684 + 218.145) - (1418.337 + 0 + 101.502)
=437.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CHC Resources 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 )
=1473.716/( ( (5597.437 + max(385.914, 0)) + (5581.458 + max(437.791, 0)) )/ 2 )
=1473.716/( ( 5983.351 + 6019.249 )/ 2 )
=1473.716/6001.3
=24.56 %

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 24.56% mean?
CHC Resources (TPE:9930) has a ROC (Joel Greenblatt) % of 24.56% 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 CHC Resources and its competitors. This is 51% above median its historical median of 16.27. Over the past decade, CHC Resources' ROC (Joel Greenblatt) % has ranged from 9.72 to 27.53. According to the industry distribution chart, CHC Resources ranks #59 out of 409 companies in the Building Materials industry, placing it in the top 14.4%.
Is CHC Resources' ROC (Joel Greenblatt) % too high?
CHC Resources' current ROC (Joel Greenblatt) % of 24.56% is 51% above median its 10-year median of 16.27. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 27.53. The Building Materials industry median ROC (Joel Greenblatt) % is 8.57. CHC Resources' value of 24.56% is 186.6% above this industry median. Based on the distribution chart, CHC Resources ranks #59 out of 409 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, CHC Resources has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CHC Resources' ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, CHC Resources ranks #59 out of 409 companies for ROC (Joel Greenblatt) %. This places CHC Resources in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.57. CHC Resources' value of 24.56% is 186.6% above this benchmark. Historically, CHC Resources' own ROC (Joel Greenblatt) % has ranged from 9.72 to 27.53 over the past decade. While the company's 10-year median is 16.27 vs. the industry median of 8.57, CHC Resources 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.57, based on 409 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. CHC Resources's current ROC (Joel Greenblatt) % of 24.56% is 186.6% 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 CHC Resources and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHC Resources's current ROC (Joel Greenblatt) % is 24.56%, which is 51% above median its own 10-year median of 16.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHC Resources stock overvalued right now?
Based on GuruFocus' analysis, CHC Resources (TPE:9930) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$73.42, compared to a current price of NT$62.80 — trading 14.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.56%, which is 51% above median its 10-year median of 16.27 and 186.6% above the Building Materials industry median of 8.57. CHC Resources' overall GF Score™ is 99/100 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 CHC Resources (TPE:9930), the current ROC (Joel Greenblatt) % is 24.56% 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 CHC Resources (TPE:9930) Overvalued in 2026?

Based on GuruFocus' analysis, CHC Resources stock appears to be undervalued. The current stock price of NT$62.80 is trading 14.5% below its estimated GF Value™ of NT$73.42. GuruFocus considers CHC Resources to be Modestly Undervalued.

Key valuation signals for TPE:9930:

  • ROC (Joel Greenblatt) %: 24.56% (51% above median its 10-year median of 16.27)
  • GF Value™: NT$73.42 vs. price of NT$62.80 (14.5% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 186.6% above the Building Materials median (#59 of 409)

No single metric tells the full story. See the TPE:9930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHC Resources Business Description

Address No.88, Chenggong 2nd Road, 22nd Floor, Qianzhen District, Kaohsiung, TWN, 806
CHC Resources Corp is a Taiwan-based company engaged in the production, processing and sales of Ground-Granulated Blast-Furnace Slag (GGBFS), Portland Blast-Furnace Slag Cement and reutilization of resources. The company operates in three segments: Blast furnace slag cement segment, which generates key revenue, production and marketing of Blast-Furnace Slag Cement products; Resource Reutilization segment engages in industrial disposal of waste, reutilizationn of resources and remediation; and the others business segment involves Union Steel Development Corporation, Pao Good Industrial Co., Ltd, Yu Cheng Lime Corporation, CHC Resources Vietnam Co., and Mao Lian Enterprise Co., Ltd. Geographically, the company generates a majority of its revenue from Taiwan.
99GF Score

Get the complete analysis for TPE:9930

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

NT$62.80
Price
NT$73.42
GF Value