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Niko Semiconductor CoROCO:3317 -3.58%66 ROC (Joel Greenblatt) % is 32.06% as of Mar. 2026, which is 69% above its 10-year median of 18.96. GuruFocus rates ROCO:3317 with a GF Score™ of 66/100 and a GF Value™ of NT$49.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Niko Semiconductor Co ranks better than 61.77% 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. Niko Semiconductor Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.06%.
The historical rank and industry rank for Niko Semiconductor Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:3317'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.06 Med: 18.96 Max: 54.75
Current: 17.62
During the past 13 years, Niko Semiconductor Co's highest ROC (Joel Greenblatt) % was 54.75%. The lowest was 5.06%. And the median was 18.96%.
ROCO:3317's ROC (Joel Greenblatt) % is ranked better than 61.77% of 1028
companies
in the Semiconductors industry
Industry Median: 8.64
vs ROCO:3317: 17.62
Niko Semiconductor Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.80% per year.
Niko Semiconductor Co (ROCO:3317) 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.
Niko Semiconductor Co ROC (Joel Greenblatt) % Related Terms
Niko Semiconductor Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Niko Semiconductor 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.
Niko Semiconductor Co ROC (Joel Greenblatt) % Chart
ROCO:3317 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison
For the Semiconductors subindustry, Niko Semiconductor 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.
Niko Semiconductor Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Niko Semiconductor Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Niko Semiconductor Co's ROC (Joel Greenblatt) % falls into.
Niko Semiconductor 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 32.06% mean?
Niko Semiconductor Co (ROCO:3317) has a ROC (Joel Greenblatt) % of 32.06% 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 Niko Semiconductor Co and its competitors. This is 69% above median its historical median of 18.96. Over the past decade, Niko Semiconductor Co's ROC (Joel Greenblatt) % has ranged from 5.06 to 54.75. According to the industry distribution chart, Niko Semiconductor Co ranks #393 out of 1028 companies in the Semiconductors industry, placing it in the top 38.2%.
Is Niko Semiconductor Co's ROC (Joel Greenblatt) % too high?
Niko Semiconductor Co's current ROC (Joel Greenblatt) % of 32.06% is 69% above median its 10-year median of 18.96. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 54.75. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.64. Niko Semiconductor Co's value of 32.06% is 271.1% above this industry median. Based on the distribution chart, Niko Semiconductor Co ranks #393 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Niko Semiconductor Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niko Semiconductor Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Niko Semiconductor Co ranks #393 out of 1028 companies for ROC (Joel Greenblatt) %. This puts Niko Semiconductor Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.64. Niko Semiconductor Co's value of 32.06% is 271.1% above this benchmark. Historically, Niko Semiconductor Co's own ROC (Joel Greenblatt) % has ranged from 5.06 to 54.75 over the past decade. While the company's 10-year median is 18.96 vs. the industry median of 8.64, Niko Semiconductor Co has consistently been above 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.64, based on 1,028 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. Niko Semiconductor Co's current ROC (Joel Greenblatt) % of 32.06% is 271.1% above 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 Niko Semiconductor Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niko Semiconductor Co's current ROC (Joel Greenblatt) % is 32.06%, which is 69% above median its own 10-year median of 18.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Semiconductor Co stock overvalued right now?
Based on GuruFocus' analysis, Niko Semiconductor Co (ROCO:3317) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.25, compared to a current price of NT$67.30 — trading 36.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.06%, which is 69% above median its 10-year median of 18.96 and 271.1% above the Semiconductors industry median of 8.64. Niko Semiconductor Co's overall GF Score™ is 66/100 with 1 warning sign 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 Niko Semiconductor Co (ROCO:3317), the current ROC (Joel Greenblatt) % is 32.06% 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 Niko Semiconductor Co (ROCO:3317) Overvalued in 2026?
Based on GuruFocus' analysis, Niko Semiconductor Co stock appears to be overvalued.
The current stock price of NT$67.30 is trading 36.6% above its estimated GF Value™ of NT$49.25.
GuruFocus considers Niko Semiconductor Co to be Significantly Overvalued.
Key valuation signals for ROCO:3317:
ROC (Joel Greenblatt) %: 32.06% (69% above median its 10-year median of 18.96)
GF Value™: NT$49.25 vs. price of NT$67.30 (36.6% above fair value)
Industry Position: 271.1% above the Semiconductors median (#393 of 1028)
No single metric tells the full story. See the ROCO:3317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niko Semiconductor Co Ltd is engaged in the research, development, design, and sales of analog IC that can be applied to communications, computers, computer peripherals, video, power supply, and other consumer products. It specializes in the design of power management components and power modules. Its main products include Power MOSFETs, wide-bandgap semiconductor devices such as SiC MOSFETs and GaN HEMTs, and SiC power modules, which are widely used in motherboards, laptops, tablets, and other PC products and their peripheral power devices. It has also expanded into industries such as drones, automotive electronics and onboard charging, robotics, and AI servers. The Group's revenue is generated mainly from the sale of power MOSFETs. It operates in Taiwan, China, and other regions.
66GF Score
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