Jong Shyn Shipbuilding Co (ROCO:2644) ROC (Joel Greenblatt) %: 7.24% (As of Dec. 2025) — 11% Above Median

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ROCO:2644 Jong Shyn Shipbuilding Co Ltd ROCO:2644
53 GF Score
Price NT$80.90
GF Value NT$132.14
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Jong Shyn Shipbuilding Co ROC (Joel Greenblatt) %?

Jong Shyn Shipbuilding Co ROCO:2644 -0.49% 53 ROC (Joel Greenblatt) % is 7.24% as of Dec. 2025, which is 11% above its 10-year median of 6.55. GuruFocus rates ROCO:2644 with a GF Score™ of 53/100 and a GF Value™ of NT$132.14 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 359 Aerospace & Defense companies, Jong Shyn Shipbuilding Co ranks worse than 57.94% 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. Jong Shyn Shipbuilding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.24%.

The historical rank and industry rank for Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:2644' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.5   Med: 6.55   Max: 8.73
Current: 6.59

During the past 7 years, Jong Shyn Shipbuilding Co's highest ROC (Joel Greenblatt) % was 8.73%. The lowest was 3.50%. And the median was 6.55%.

ROCO:2644's ROC (Joel Greenblatt) % is ranked worse than
57.94% of 359 companies
in the Aerospace & Defense industry
Industry Median: 10.1 vs ROCO:2644: 6.59

Jong Shyn Shipbuilding Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.60% per year.


Jong Shyn Shipbuilding Co  (ROCO:2644) 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.


Jong Shyn Shipbuilding Co ROC (Joel Greenblatt) % Related Terms


Jong Shyn Shipbuilding Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co ROC (Joel Greenblatt) % Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 4.44 8.73 6.55 7.72 6.66

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.13 7.33 7.90 5.67 7.24

ROCO:2644 vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding 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.


Jong Shyn Shipbuilding Co ROC (Joel Greenblatt) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % falls into.


ROCO:2644
53GF Score
Jong Shyn Shipbuilding Co Ltd ROCO:2644
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jong Shyn Shipbuilding 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.007 + 615.486 + 2419.081) - (616.632 + 0 + 1548.472)
=1038.47

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(522.198 + 1814.787 + 931.043) - (765.68 + 0 + 650.517)
=1851.831

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jong Shyn Shipbuilding Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=278.88/( ( (2449.294 + max(1038.47, 0)) + (2364.22 + max(1851.831, 0)) )/ 2 )
=278.88/( ( 3487.764 + 4216.051 )/ 2 )
=278.88/3851.9075
=7.24 %

Note: The EBIT data used here is two times the semi-annual (Dec. 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 7.24% mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a ROC (Joel Greenblatt) % of 7.24% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Jong Shyn Shipbuilding Co and its competitors. This is 11% above median its historical median of 6.55. Over the past decade, Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % has ranged from 3.50 to 8.73. According to the industry distribution chart, Jong Shyn Shipbuilding Co ranks #208 out of 359 companies in the Aerospace & Defense industry, placing it in the top 57.9%.
Is Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % too high?
Jong Shyn Shipbuilding Co's current ROC (Joel Greenblatt) % of 7.24% is 11% above median its 10-year median of 6.55. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 8.73. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.10. Jong Shyn Shipbuilding Co's value of 7.24% is 28.3% below this industry median. Based on the distribution chart, Jong Shyn Shipbuilding Co ranks #208 out of 359 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jong Shyn Shipbuilding Co ranks #208 out of 359 companies for ROC (Joel Greenblatt) %. This places Jong Shyn Shipbuilding Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.10. Jong Shyn Shipbuilding Co's value of 7.24% is 28.3% below this benchmark. Historically, Jong Shyn Shipbuilding Co's own ROC (Joel Greenblatt) % has ranged from 3.50 to 8.73 over the past decade. While the company's 10-year median is 6.55 vs. the industry median of 10.10, Jong Shyn Shipbuilding 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.10, based on 359 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. Jong Shyn Shipbuilding Co's current ROC (Joel Greenblatt) % of 7.24% is 28.3% 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 Jong Shyn Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jong Shyn Shipbuilding Co's current ROC (Joel Greenblatt) % is 7.24%, which is 11% above median its own 10-year median of 6.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$132.14, compared to a current price of NT$80.90 — trading 38.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.24%, which is 11% above median its 10-year median of 6.55 and 28.3% below the Aerospace & Defense industry median of 10.10. Jong Shyn Shipbuilding Co's overall GF Score™ is 53/100 with 7 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 Jong Shyn Shipbuilding Co (ROCO:2644), the current ROC (Joel Greenblatt) % is 7.24% as of Dec. 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.

Is Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?

Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued. The current stock price of NT$80.90 is trading 38.8% below its estimated GF Value™ of NT$132.14. GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.

Key valuation signals for ROCO:2644:

  • ROC (Joel Greenblatt) %: 7.24% (11% above median its 10-year median of 6.55)
  • GF Value™: NT$132.14 vs. price of NT$80.90 (38.8% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 28.3% below the Aerospace & Defense median (#208 of 359)

No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jong Shyn Shipbuilding Co Business Description

Address No. 77, Shangzhu Lane, Zhongzhou 3rd Road, Shangzhuli, Cijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
53GF Score

Get the complete analysis for ROCO:2644

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

NT$80.90
Price
NT$132.14
GF Value