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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. Bin Chuan Enterprise Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.57%.
The historical rank and industry rank for Bin Chuan Enterprise Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:1569'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.35 Med: 6.72 Max: 13.72
Current: -12.98
During the past 13 years, Bin Chuan Enterprise Co's highest ROC (Joel Greenblatt) % was 13.72%. The lowest was -14.35%. And the median was 6.72%.
ROCO:1569's ROC (Joel Greenblatt) % is ranked worse than 86.23% of 3064
companies
in the Industrial Products industry
Industry Median: 11.81
vs ROCO:1569: -12.98
Bin Chuan Enterprise Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Bin Chuan Enterprise Co (ROCO:1569) 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.
Bin Chuan Enterprise Co ROC (Joel Greenblatt) % Related Terms
Bin Chuan Enterprise Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bin Chuan Enterprise 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.
Bin Chuan Enterprise Co ROC (Joel Greenblatt) % Chart
ROCO:1569 vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison
For the Metal Fabrication subindustry, Bin Chuan Enterprise 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.
Bin Chuan Enterprise Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bin Chuan Enterprise Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bin Chuan Enterprise Co's ROC (Joel Greenblatt) % falls into.
Bin Chuan Enterprise 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:
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 -3.57% mean?
Bin Chuan Enterprise Co (ROCO:1569) has a ROC (Joel Greenblatt) % of -3.57% 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 Bin Chuan Enterprise Co and its competitors. According to the industry distribution chart, Bin Chuan Enterprise Co ranks #2642 out of 3064 companies in the Industrial Products industry, placing it in the top 86.2%.
Is Bin Chuan Enterprise Co's ROC (Joel Greenblatt) % too high?
Bin Chuan Enterprise Co's current ROC (Joel Greenblatt) % is -3.57%. Based on the distribution chart, Bin Chuan Enterprise Co ranks #2642 out of 3064 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bin Chuan Enterprise Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bin Chuan Enterprise Co's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Bin Chuan Enterprise Co ranks #2642 out of 3064 companies for ROC (Joel Greenblatt) %. This places Bin Chuan Enterprise Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.81. 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.81, based on 3,064 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 Bin Chuan Enterprise Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bin Chuan Enterprise Co's current ROC (Joel Greenblatt) % is -3.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bin Chuan Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Bin Chuan Enterprise Co (ROCO:1569) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.04, compared to a current price of NT$41.30 — trading 3.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is -3.57%. Bin Chuan Enterprise Co's overall GF Score™ is 57/100 with 4 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 Bin Chuan Enterprise Co (ROCO:1569), the current ROC (Joel Greenblatt) % is -3.57% 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 Bin Chuan Enterprise Co (ROCO:1569) Overvalued in 2026?
Based on GuruFocus' analysis, Bin Chuan Enterprise Co stock appears to be overvalued.
The current stock price of NT$41.30 is trading 3.1% above its estimated GF Value™ of NT$40.04.
GuruFocus considers Bin Chuan Enterprise Co to be Fairly Valued.
Key valuation signals for ROCO:1569:
ROC (Joel Greenblatt) %: -3.57%
GF Value™: NT$40.04 vs. price of NT$41.30 (3.1% above fair value)
No single metric tells the full story. See the ROCO:1569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bin Chuan Enterprise Co Ltd is mainly engaged in manufacturing, processing and sales of semi-automatic punching net machinery, audio decoration nets, and molds, and purchasing and sales of stamped parts for computer peripherals. Its segments are Metal Business Department which produces and sells computer, audio, and other hardware products and components; Plastics Business Department which Processes and produces in plastic injection molding, and sales of precision plastic components for electronics and electrical products; and Other business departments. Majority of revenue comes from Metal Business Department. It has presence in Taiwan, and Asia.
57GF Score
Get the complete analysis for ROCO:1569
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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