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Sinyi RealtyTPE:9940 +0.75%77 ROC (Joel Greenblatt) % is 7.68% as of Mar. 2026, which is 59% below its 10-year median of 18.63. GuruFocus rates TPE:9940 with a GF Score™ of 77/100 and a GF Value™ of NT$25.98 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,750 Real Estate companies, Sinyi Realty ranks worse than 63.83% 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. Sinyi Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.68%.
The historical rank and industry rank for Sinyi Realty's ROC (Joel Greenblatt) % or its related term are showing as below:
TPE:9940'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.14 Med: 18.63 Max: 58.61
Current: 5.55
During the past 13 years, Sinyi Realty's highest ROC (Joel Greenblatt) % was 58.61%. The lowest was 5.14%. And the median was 18.63%.
TPE:9940's ROC (Joel Greenblatt) % is ranked worse than 63.83% of 1750
companies
in the Real Estate industry
Industry Median: 12.795
vs TPE:9940: 5.55
Sinyi Realty's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -16.50% per year.
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.
Sinyi Realty ROC (Joel Greenblatt) % Related Terms
Sinyi Realty ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Sinyi Realty'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.
TPE:9940 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Sinyi Realty'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.
Sinyi Realty ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sinyi Realty's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sinyi Realty's ROC (Joel Greenblatt) % falls into.
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 7.68% mean?
Sinyi Realty (TPE:9940) has a ROC (Joel Greenblatt) % of 7.68% 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 Sinyi Realty and its competitors. This is 59% below median its historical median of 18.63. Over the past decade, Sinyi Realty's ROC (Joel Greenblatt) % has ranged from 5.14 to 58.61. According to the industry distribution chart, Sinyi Realty ranks #1117 out of 1750 companies in the Real Estate industry, placing it in the top 63.8%.
Is Sinyi Realty's ROC (Joel Greenblatt) % too high?
Sinyi Realty's current ROC (Joel Greenblatt) % of 7.68% is 59% below median its 10-year median of 18.63. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 58.61. The Real Estate industry median ROC (Joel Greenblatt) % is 12.80. Sinyi Realty's value of 7.68% is 40% below this industry median. Based on the distribution chart, Sinyi Realty ranks #1117 out of 1750 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sinyi Realty has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sinyi Realty's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sinyi Realty ranks #1117 out of 1750 companies for ROC (Joel Greenblatt) %. This places Sinyi Realty in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.80. Sinyi Realty's value of 7.68% is 40% below this benchmark. Historically, Sinyi Realty's own ROC (Joel Greenblatt) % has ranged from 5.14 to 58.61 over the past decade. While the company's 10-year median is 18.63 vs. the industry median of 12.80, Sinyi Realty 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.80, based on 1,750 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. Sinyi Realty's current ROC (Joel Greenblatt) % of 7.68% is 40% 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 Sinyi Realty and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinyi Realty's current ROC (Joel Greenblatt) % is 7.68%, which is 59% below median its own 10-year median of 18.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinyi Realty stock overvalued right now?
Based on GuruFocus' analysis, Sinyi Realty (TPE:9940) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.98, compared to a current price of NT$20.25 — trading 22.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.68%, which is 59% below median its 10-year median of 18.63 and 40% below the Real Estate industry median of 12.80. Sinyi Realty's overall GF Score™ is 77/100 with 11 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 Sinyi Realty (TPE:9940), the current ROC (Joel Greenblatt) % is 7.68% 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 Sinyi Realty (TPE:9940) Overvalued in 2026?
Based on GuruFocus' analysis, Sinyi Realty stock appears to be undervalued.
The current stock price of NT$20.25 is trading 22.1% below its estimated GF Value™ of NT$25.98.
GuruFocus considers Sinyi Realty to be Modestly Undervalued.
Key valuation signals for TPE:9940:
ROC (Joel Greenblatt) %: 7.68% (59% below median its 10-year median of 18.63)
GF Value™: NT$25.98 vs. price of NT$20.25 (22.1% below fair value)
Industry Position: 40% below the Real Estate median (#1117 of 1750)
No single metric tells the full story. See the TPE:9940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sinyi Realty Inc is engaged in the operation of a full-service real estate brokerage business. The Company provides real estate brokerage and agency sale services and recognizes revenue from rendering of services related to real estate brokerage and agency sale business. It also conducts related activities through subsidiaries involved in real estate brokerage, real estate management, management consulting, development, construction, rental, and sale of residential buildings and factories.
77GF Score
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