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Globe Union IndustrialTPE:9934 +0.93%68 ROC (Joel Greenblatt) % is 0.29% as of Dec. 2025, which is 97% below its 10-year median of 9.78. GuruFocus rates TPE:9934 with a GF Score™ of 68/100 and a GF Value™ of NT$11.64 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,782 Construction companies, Globe Union Industrial ranks worse than 73.51% 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. Globe Union Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.29%.
The historical rank and industry rank for Globe Union Industrial's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:9934'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.86 Med: 9.78 Max: 23.28
Current: 4.55
During the past 13 years, Globe Union Industrial's highest ROC (Joel Greenblatt) % was 23.28%. The lowest was -7.86%. And the median was 9.78%.
TPE:9934's ROC (Joel Greenblatt) % is ranked worse than 73.51% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs TPE:9934: 4.55
Globe Union Industrial's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Globe Union Industrial (TPE:9934) 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.
Globe Union Industrial ROC (Joel Greenblatt) % Related Terms
Globe Union Industrial ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Globe Union Industrial'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.
Globe Union Industrial ROC (Joel Greenblatt) % Chart
TPE:9934 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Globe Union Industrial'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.
Globe Union Industrial ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Globe Union Industrial's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Globe Union Industrial's ROC (Joel Greenblatt) % falls into.
Globe Union Industrial 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 (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 0.29% mean?
Globe Union Industrial (TPE:9934) has a ROC (Joel Greenblatt) % of 0.29% 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 Globe Union Industrial and its competitors. This is 97% below median its historical median of 9.78. According to the industry distribution chart, Globe Union Industrial ranks #1310 out of 1782 companies in the Construction industry, placing it in the top 73.5%.
Is Globe Union Industrial's ROC (Joel Greenblatt) % too high?
Globe Union Industrial's current ROC (Joel Greenblatt) % of 0.29% is 97% below median its 10-year median of 9.78. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Globe Union Industrial's value of 0.29% is 98.5% below this industry median. Based on the distribution chart, Globe Union Industrial ranks #1310 out of 1782 companies in the Construction industry, which is below the industry midpoint. Overall, Globe Union Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #1310 out of 1782 companies for ROC (Joel Greenblatt) %. This places Globe Union Industrial in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. Globe Union Industrial's value of 0.29% is 98.5% below this benchmark. While the company's 10-year median is 9.78 vs. the industry median of 19.60, Globe Union Industrial has consistently been below 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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. Globe Union Industrial's current ROC (Joel Greenblatt) % of 0.29% is 98.5% below 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 Globe Union Industrial and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current ROC (Joel Greenblatt) % is 0.29%, which is 97% below median its own 10-year median of 9.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.64, compared to a current price of NT$10.80 — trading 7.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.29%, which is 97% below median its 10-year median of 9.78 and 98.5% below the Construction industry median of 19.60. Globe Union Industrial's overall GF Score™ is 68/100 with 5 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 Globe Union Industrial (TPE:9934), the current ROC (Joel Greenblatt) % is 0.29% 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued.
The current stock price of NT$10.80 is trading 7.2% below its estimated GF Value™ of NT$11.64.
GuruFocus considers Globe Union Industrial to be Fairly Valued.
Key valuation signals for TPE:9934:
ROC (Joel Greenblatt) %: 0.29% (97% below median its 10-year median of 9.78)
GF Value™: NT$11.64 vs. price of NT$10.80 (7.2% below fair value)
Industry Position: 98.5% below the Construction median (#1310 of 1782)
No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
68GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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