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. Globetronics Technology Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -62.49%.
The historical rank and industry rank for Globetronics Technology Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:
GBTKF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.9 Med: 40.88 Max: 76.8
Current: -33.9
During the past 13 years, Globetronics Technology Bhd's highest ROC (Joel Greenblatt) % was 76.80%. The lowest was -33.90%. And the median was 40.88%.
GBTKF's ROC (Joel Greenblatt) % is ranked worse than 86.73% of 1025
companies
in the Semiconductors industry
Industry Median: 8.35
vs GBTKF: -33.90
Globetronics Technology Bhd (OTCPK:GBTKF) 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.
* 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.
Globetronics Technology Bhd ROC (Joel Greenblatt) % Chart
GBTKF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Globetronics Technology Bhd'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.
Globetronics Technology Bhd ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Globetronics Technology Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Globetronics Technology Bhd's ROC (Joel Greenblatt) % falls into.
Globetronics Technology Bhd 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 (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 -62.49% mean?
Globetronics Technology Bhd (GBTKF) has a ROC (Joel Greenblatt) % of -62.49% 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 Globetronics Technology Bhd and its competitors. According to the industry distribution chart, Globetronics Technology Bhd ranks #889 out of 1025 companies in the Semiconductors industry, placing it in the top 86.7%.
Is Globetronics Technology Bhd's ROC (Joel Greenblatt) % too high?
Globetronics Technology Bhd's current ROC (Joel Greenblatt) % is -62.49%. Based on the distribution chart, Globetronics Technology Bhd ranks #889 out of 1025 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Globetronics Technology Bhd has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Globetronics Technology Bhd's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Globetronics Technology Bhd ranks #889 out of 1025 companies for ROC (Joel Greenblatt) %. This places Globetronics Technology Bhd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.35. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.35, based on 1,025 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. 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 Globetronics Technology Bhd and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globetronics Technology Bhd's current ROC (Joel Greenblatt) % is -62.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globetronics Technology Bhd stock overvalued right now?
Globetronics Technology Bhd (GBTKF) has a current ROC (Joel Greenblatt) % of -62.49%. The stock's GF Value™ is $4.08, compared to a current price of $1.41 — trading 65.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -62.49%. Globetronics Technology Bhd's overall GF Score™ is 49/100 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 Globetronics Technology Bhd (GBTKF), the current ROC (Joel Greenblatt) % is -62.49% 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 Globetronics Technology Bhd (GBTKF) Overvalued in 2026?
Based on GuruFocus' analysis, Globetronics Technology Bhd stock appears to be undervalued.
The current stock price of $1.41 is trading 65.4% below its estimated GF Value™ of $4.08.
Key valuation signals for GBTKF:
ROC (Joel Greenblatt) %: -62.49%
GF Value™: $4.08 vs. price of $1.41 (65.4% below fair value)
No single metric tells the full story. See the GBTKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globetronics Technology Bhd develops and manufactures integrated circuits, light-emitting diode components, encoders and sensors, quartz crystal products, timing devices, and related products. Sensors are the key revenue contributor for the company. Globetronics builds its sensors and encoders for a variety of automation and industrial applications. Sales volume is also significantly dependent on revenue generated from quartz crystal and timing devices. These devices are used in a multitude of electronic products, such as mobile devices, GPS, and PCs. Sales are principally in Malaysia, Singapore, and United States markets.
49GF Score
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