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Highness MicroelectronicsBOM:544741 +2.73%19 ROC (Joel Greenblatt) % is 53.72% as of Mar. 2025, which is at its 10-year median of 53.72. GuruFocus rates BOM:544741 with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 2,491 Hardware companies, Highness Microelectronics ranks better than 86.59% 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. Highness Microelectronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 53.72%.
The historical rank and industry rank for Highness Microelectronics's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:544741'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 49.02 Med: 53.72 Max: 105.74
Current: 53.72
During the past 3 years, Highness Microelectronics's highest ROC (Joel Greenblatt) % was 105.74%. The lowest was 49.02%. And the median was 53.72%.
BOM:544741's ROC (Joel Greenblatt) % is ranked better than 86.59% of 2491
companies
in the Hardware industry
Industry Median: 12.27
vs BOM:544741: 53.72
Highness Microelectronics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Highness Microelectronics ROC (Joel Greenblatt) % Related Terms
Highness Microelectronics ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Highness Microelectronics'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.
BOM:544741 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Highness Microelectronics'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.
Highness Microelectronics ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Highness Microelectronics's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Highness Microelectronics'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 one times the annual (Mar. 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 53.72% mean?
Highness Microelectronics (BOM:544741) has a ROC (Joel Greenblatt) % of 53.72% as of Mar. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Highness Microelectronics and its competitors. This is near median its historical median of 53.72. Over the past decade, Highness Microelectronics' ROC (Joel Greenblatt) % has ranged from 49.02 to 105.74. According to the industry distribution chart, Highness Microelectronics ranks #334 out of 2491 companies in the Hardware industry, placing it in the top 13.4%.
Is Highness Microelectronics' ROC (Joel Greenblatt) % too high?
Highness Microelectronics' current ROC (Joel Greenblatt) % of 53.72% is near median its 10-year median of 53.72. Over the past 10 years, this metric has ranged from a low of 49.02 to a high of 105.74. The Hardware industry median ROC (Joel Greenblatt) % is 12.27. Highness Microelectronics' value of 53.72% is 337.8% above this industry median. Based on the distribution chart, Highness Microelectronics ranks #334 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Highness Microelectronics has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Highness Microelectronics ranks #334 out of 2491 companies for ROC (Joel Greenblatt) %. This places Highness Microelectronics in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.27. Highness Microelectronics' value of 53.72% is 337.8% above this benchmark. Historically, Highness Microelectronics' own ROC (Joel Greenblatt) % has ranged from 49.02 to 105.74 over the past decade. While the company's 10-year median is 53.72 vs. the industry median of 12.27, Highness Microelectronics 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 12.27, based on 2,491 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. Highness Microelectronics's current ROC (Joel Greenblatt) % of 53.72% is 337.8% 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 Highness Microelectronics and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highness Microelectronics's current ROC (Joel Greenblatt) % is 53.72%, which is near median its own 10-year median of 53.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current ROC (Joel Greenblatt) % of 53.72%. The current ROC (Joel Greenblatt) % is 53.72%, which is near median its 10-year median of 53.72 and 337.8% above the Hardware industry median of 12.27. Highness Microelectronics' overall GF Score™ is 19/100 with 8 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 Highness Microelectronics (BOM:544741), the current ROC (Joel Greenblatt) % is 53.72% as of Mar. 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.
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
19GF Score
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