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Ablerex Electronics CoROCO:3628 71 ROC (Joel Greenblatt) % is 7.10% as of Mar. 2026, which is 1% below its 10-year median of 7.14. GuruFocus rates ROCO:3628 with a GF Score™ of 71/100 and a GF Value™ of NT$53.54 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,062 Industrial Products companies, Ablerex Electronics Co ranks better than 58.98% 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. Ablerex Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.10%.
The historical rank and industry rank for Ablerex Electronics Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:3628'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.16 Med: 7.14 Max: 16.35
Current: 16.35
During the past 13 years, Ablerex Electronics Co's highest ROC (Joel Greenblatt) % was 16.35%. The lowest was 3.16%. And the median was 7.14%.
ROCO:3628's ROC (Joel Greenblatt) % is ranked better than 58.98% of 3062
companies
in the Industrial Products industry
Industry Median: 11.585
vs ROCO:3628: 16.35
Ablerex Electronics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.80% per year.
Ablerex Electronics Co (ROCO:3628) 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.
Ablerex Electronics Co ROC (Joel Greenblatt) % Related Terms
Ablerex Electronics Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ablerex Electronics 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.
Ablerex Electronics Co ROC (Joel Greenblatt) % Chart
ROCO:3628 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Ablerex Electronics 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.
Ablerex Electronics Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ablerex Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ablerex Electronics Co's ROC (Joel Greenblatt) % falls into.
Ablerex Electronics 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 7.10% mean?
Ablerex Electronics Co (ROCO:3628) has a ROC (Joel Greenblatt) % of 7.10% 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 Ablerex Electronics Co and its competitors. This is near median its historical median of 7.14. Over the past decade, Ablerex Electronics Co's ROC (Joel Greenblatt) % has ranged from 3.16 to 16.35. According to the industry distribution chart, Ablerex Electronics Co ranks #1256 out of 3062 companies in the Industrial Products industry, placing it in the top 41%.
Is Ablerex Electronics Co's ROC (Joel Greenblatt) % too high?
Ablerex Electronics Co's current ROC (Joel Greenblatt) % of 7.10% is near median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 16.35. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Ablerex Electronics Co's value of 7.10% is 38.7% below this industry median. Based on the distribution chart, Ablerex Electronics Co ranks #1256 out of 3062 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ablerex Electronics Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ablerex Electronics Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ablerex Electronics Co ranks #1256 out of 3062 companies for ROC (Joel Greenblatt) %. This puts Ablerex Electronics Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.59. Ablerex Electronics Co's value of 7.10% is 38.7% below this benchmark. Historically, Ablerex Electronics Co's own ROC (Joel Greenblatt) % has ranged from 3.16 to 16.35 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 11.59, Ablerex Electronics 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.59, based on 3,062 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. Ablerex Electronics Co's current ROC (Joel Greenblatt) % of 7.10% is 38.7% 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 Ablerex Electronics Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ablerex Electronics Co's current ROC (Joel Greenblatt) % is 7.10%, which is near median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ablerex Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Ablerex Electronics Co (ROCO:3628) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$53.54, compared to a current price of NT$64.40 — trading 20.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.10%, which is near median its 10-year median of 7.14 and 38.7% below the Industrial Products industry median of 11.59. Ablerex Electronics Co's overall GF Score™ is 71/100 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 Ablerex Electronics Co (ROCO:3628), the current ROC (Joel Greenblatt) % is 7.10% 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 Ablerex Electronics Co (ROCO:3628) Overvalued in 2026?
Based on GuruFocus' analysis, Ablerex Electronics Co stock appears to be overvalued.
The current stock price of NT$64.40 is trading 20.3% above its estimated GF Value™ of NT$53.54.
GuruFocus considers Ablerex Electronics Co to be Modestly Overvalued.
Key valuation signals for ROCO:3628:
ROC (Joel Greenblatt) %: 7.10% (near median its 10-year median of 7.14)
GF Value™: NT$53.54 vs. price of NT$64.40 (20.3% above fair value)
Industry Position: 38.7% below the Industrial Products median (#1256 of 3062)
No single metric tells the full story. See the ROCO:3628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supply equipment and systems. Its operating segment includes First Business Division; Second Business Division, Technical Services Division, and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring and management system, active power filter, UPS, and others.
71GF Score
Get the complete analysis for ROCO:3628
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