Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eslite SpectrumROCO:2926 +0.99%52 ROC (Joel Greenblatt) % is 3.53% as of Mar. 2026, which is 17% above its 10-year median of 3.02. GuruFocus rates ROCO:2926 with a GF Score™ of 52/100 and a GF Value™ of NT$55.56 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Eslite Spectrum ranks worse than 71% 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. Eslite Spectrum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.53%.
The historical rank and industry rank for Eslite Spectrum's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:2926'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.99 Med: 3.02 Max: 41.84
Current: 3.13
During the past 13 years, Eslite Spectrum's highest ROC (Joel Greenblatt) % was 41.84%. The lowest was -0.99%. And the median was 3.02%.
ROCO:2926's ROC (Joel Greenblatt) % is ranked worse than 71% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 11.65
vs ROCO:2926: 3.13
Eslite Spectrum'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.
Eslite Spectrum ROC (Joel Greenblatt) % Related Terms
Eslite Spectrum ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Eslite Spectrum'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.
ROCO:2926 vs DDS, M: ROC (Joel Greenblatt) % Comparison
For the Department Stores subindustry, Eslite Spectrum'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.
Eslite Spectrum ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Eslite Spectrum's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eslite Spectrum'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 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 3.53% mean?
Eslite Spectrum (ROCO:2926) has a ROC (Joel Greenblatt) % of 3.53% 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 Eslite Spectrum and its competitors. This is 17% above median its historical median of 3.02. According to the industry distribution chart, Eslite Spectrum ranks #803 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 71%.
Is Eslite Spectrum's ROC (Joel Greenblatt) % too high?
Eslite Spectrum's current ROC (Joel Greenblatt) % of 3.53% is 17% above median its 10-year median of 3.02. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.65. Eslite Spectrum's value of 3.53% is 69.7% below this industry median. Based on the distribution chart, Eslite Spectrum ranks #803 out of 1131 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Eslite Spectrum has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eslite Spectrum's ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Eslite Spectrum ranks #803 out of 1131 companies for ROC (Joel Greenblatt) %. This places Eslite Spectrum in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.65. Eslite Spectrum's value of 3.53% is 69.7% below this benchmark. While the company's 10-year median is 3.02 vs. the industry median of 11.65, Eslite Spectrum 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.65, based on 1,131 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. Eslite Spectrum's current ROC (Joel Greenblatt) % of 3.53% is 69.7% 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 Eslite Spectrum and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eslite Spectrum's current ROC (Joel Greenblatt) % is 3.53%, which is 17% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eslite Spectrum stock overvalued right now?
Based on GuruFocus' analysis, Eslite Spectrum (ROCO:2926) is currently considered Possible Value Trap. The stock's GF Value™ is NT$55.56, compared to a current price of NT$30.65 — trading 44.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.53%, which is 17% above median its 10-year median of 3.02 and 69.7% below the Retail - Cyclical industry median of 11.65. Eslite Spectrum's overall GF Score™ is 52/100 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 Eslite Spectrum (ROCO:2926), the current ROC (Joel Greenblatt) % is 3.53% 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 Eslite Spectrum (ROCO:2926) Overvalued in 2026?
Based on GuruFocus' analysis, Eslite Spectrum stock appears to be undervalued.
The current stock price of NT$30.65 is trading 44.8% below its estimated GF Value™ of NT$55.56.
GuruFocus considers Eslite Spectrum to be Possible Value Trap.
Key valuation signals for ROCO:2926:
ROC (Joel Greenblatt) %: 3.53% (17% above median its 10-year median of 3.02)
GF Value™: NT$55.56 vs. price of NT$30.65 (44.8% below fair value)
Industry Position: 69.7% below the Retail - Cyclical median (#803 of 1131)
No single metric tells the full story. See the ROCO:2926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eslite Spectrum Corp mainly engaged in channels of cultural and creative industry, operation entrustment and management counseling services of department stores, trading and import of appliances and equipment for hotel use, trading and installation of appliances and equipment for kitchen use, import agency and retail of foods, as well as the operation of cafes and restaurants, as well as online retail, operation of logistics and warehousing services and others. The business segments of the company include the Omni-channel development business, Hotel business, and the Hospitality business of which majority of revenue comes from Omni-channel development business. It has presence in Taiwan, Hong Kong, China, and Malaysia. The company generates majority of revenue from Taiwan.
52GF Score
Get the complete analysis for ROCO:2926
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:2926 has been successfully added to your 
