An-Shin Food Services Co (ROCO:1259) ROC (Joel Greenblatt) %: 1.23% (As of Mar. 2026) — 85% Below Median

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ROCO:1259 An-Shin Food Services Co Ltd ROCO:1259
67 GF Score
Price NT$62.40
GF Value NT$68.89
Valuation Fairly Valued
! 8 Warning Signs
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What is An-Shin Food Services Co ROC (Joel Greenblatt) %?

An-Shin Food Services Co ROCO:1259 +0.81% 67 ROC (Joel Greenblatt) % is 1.23% as of Mar. 2026, which is 85% below its 10-year median of 8.44. GuruFocus rates ROCO:1259 with a GF Score™ of 67/100 and a GF Value™ of NT$68.89 (Fairly Valued). The stock has 8 warning signs investors should review. Among 363 Restaurants companies, An-Shin Food Services Co ranks worse than 70.8% 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. An-Shin Food Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.23%.

The historical rank and industry rank for An-Shin Food Services Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:1259' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.45   Med: 8.44   Max: 53.28
Current: 1.45

During the past 13 years, An-Shin Food Services Co's highest ROC (Joel Greenblatt) % was 53.28%. The lowest was 1.45%. And the median was 8.44%.

ROCO:1259's ROC (Joel Greenblatt) % is ranked worse than
70.8% of 363 companies
in the Restaurants industry
Industry Median: 8.67 vs ROCO:1259: 1.45

An-Shin Food Services Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -29.80% per year.


An-Shin Food Services Co  (ROCO:1259) 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.


An-Shin Food Services Co ROC (Joel Greenblatt) % Related Terms


An-Shin Food Services Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for An-Shin Food Services Co'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.

An-Shin Food Services Co ROC (Joel Greenblatt) % Chart

An-Shin Food Services Co 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 5.93 6.72 6.91 2.34 1.45

An-Shin Food Services Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.22 3.03 0.50 1.05 1.23

ROCO:1259 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, An-Shin Food Services Co'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.


An-Shin Food Services Co ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, An-Shin Food Services Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where An-Shin Food Services Co's ROC (Joel Greenblatt) % falls into.


ROCO:1259
67GF Score
An-Shin Food Services Co Ltd ROCO:1259
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

An-Shin Food Services Co 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.387 + 63.515 + 21.989) - (1242.03 + 0 + 337.081)
=-1385.22

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.4 + 63.526 + 33.292) - (1207.194 + 0 + 340.73)
=-1336.706

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of An-Shin Food Services Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47.164/( ( (3821.926 + max(-1385.22, 0)) + (3820.288 + max(-1336.706, 0)) )/ 2 )
=47.164/( ( 3821.926 + 3820.288 )/ 2 )
=47.164/3821.107
=1.23 %

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 1.23% mean?
An-Shin Food Services Co (ROCO:1259) has a ROC (Joel Greenblatt) % of 1.23% 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 An-Shin Food Services Co and its competitors. This is 85% below median its historical median of 8.44. Over the past decade, An-Shin Food Services Co's ROC (Joel Greenblatt) % has ranged from 1.45 to 53.28. According to the industry distribution chart, An-Shin Food Services Co ranks #257 out of 363 companies in the Restaurants industry, placing it in the top 70.8%.
Is An-Shin Food Services Co's ROC (Joel Greenblatt) % too high?
An-Shin Food Services Co's current ROC (Joel Greenblatt) % of 1.23% is 85% below median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 53.28. The Restaurants industry median ROC (Joel Greenblatt) % is 8.67. An-Shin Food Services Co's value of 1.23% is 85.8% below this industry median. Based on the distribution chart, An-Shin Food Services Co ranks #257 out of 363 companies in the Restaurants industry, which is below the industry midpoint. Overall, An-Shin Food Services Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does An-Shin Food Services Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, An-Shin Food Services Co ranks #257 out of 363 companies for ROC (Joel Greenblatt) %. This places An-Shin Food Services Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.67. An-Shin Food Services Co's value of 1.23% is 85.8% below this benchmark. Historically, An-Shin Food Services Co's own ROC (Joel Greenblatt) % has ranged from 1.45 to 53.28 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 8.67, An-Shin Food Services Co 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.67, based on 363 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. An-Shin Food Services Co's current ROC (Joel Greenblatt) % of 1.23% is 85.8% 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 An-Shin Food Services Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. An-Shin Food Services Co's current ROC (Joel Greenblatt) % is 1.23%, which is 85% below median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is An-Shin Food Services Co stock overvalued right now?
Based on GuruFocus' analysis, An-Shin Food Services Co (ROCO:1259) is currently considered Fairly Valued. The stock's GF Value™ is NT$68.89, compared to a current price of NT$62.40 — trading 9.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.23%, which is 85% below median its 10-year median of 8.44 and 85.8% below the Restaurants industry median of 8.67. An-Shin Food Services Co's overall GF Score™ is 67/100 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 An-Shin Food Services Co (ROCO:1259), the current ROC (Joel Greenblatt) % is 1.23% 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 An-Shin Food Services Co (ROCO:1259) Overvalued in 2026?

Based on GuruFocus' analysis, An-Shin Food Services Co stock appears to be undervalued. The current stock price of NT$62.40 is trading 9.4% below its estimated GF Value™ of NT$68.89. GuruFocus considers An-Shin Food Services Co to be Fairly Valued.

Key valuation signals for ROCO:1259:

  • ROC (Joel Greenblatt) %: 1.23% (85% below median its 10-year median of 8.44)
  • GF Value™: NT$68.89 vs. price of NT$62.40 (9.4% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 85.8% below the Restaurants median (#257 of 363)

No single metric tells the full story. See the ROCO:1259 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


An-Shin Food Services Co Business Description

Address No. 66, Jingmao 2nd Road, 16 Floor - 3, Nangang District, Taipei, TWN, 106465
An-Shin Food Services Co Ltd is engaged in the operation of a fast food chain restaurant. The company is involved in sales; marketing and consultancy of hamburgers, as well as managing coffee shops and restaurants. The company has two reportable segments Restaurant Service and Information Services in Taiwan and Mainland China. It derives majority of the revenue from the Restaurant Service. Geographically, the company derives maximum revenue from Taiwan, and also has its presence in Mainland China.
67GF Score

Get the complete analysis for ROCO:1259

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

NT$62.40
Price
NT$68.89
GF Value