Dynamic Medical Technologies (ROCO:4138) ROC (Joel Greenblatt) %: 49.89% (As of Mar. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:4138 Dynamic Medical Technologies Inc ROCO:4138
84 GF Score
Price NT$51.20
GF Value NT$73.17
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dynamic Medical Technologies ROC (Joel Greenblatt) %?

Dynamic Medical Technologies ROCO:4138 84 ROC (Joel Greenblatt) % is 49.89% as of Mar. 2026, which is 13% below its 10-year median of 57.33. GuruFocus rates ROCO:4138 with a GF Score™ of 84/100 and a GF Value™ of NT$73.17 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 837 Medical Devices & Instruments companies, Dynamic Medical Technologies ranks better than 90.56% 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. Dynamic Medical Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 49.89%.

The historical rank and industry rank for Dynamic Medical Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:4138' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 43.04   Med: 57.33   Max: 289.63
Current: 54.81

During the past 13 years, Dynamic Medical Technologies's highest ROC (Joel Greenblatt) % was 289.63%. The lowest was 43.04%. And the median was 57.33%.

ROCO:4138's ROC (Joel Greenblatt) % is ranked better than
90.56% of 837 companies
in the Medical Devices & Instruments industry
Industry Median: 4.6 vs ROCO:4138: 54.81

Dynamic Medical Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.00% per year.


Dynamic Medical Technologies  (ROCO:4138) 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.


Dynamic Medical Technologies ROC (Joel Greenblatt) % Related Terms


Dynamic Medical Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dynamic Medical Technologies'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.

Dynamic Medical Technologies ROC (Joel Greenblatt) % Chart

Dynamic Medical Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.40 43.04 56.31 57.25 53.24

Dynamic Medical Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.07 55.94 55.57 57.58 49.89

ROCO:4138 vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison

For the Medical Devices subindustry, Dynamic Medical Technologies'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.


Dynamic Medical Technologies ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dynamic Medical Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dynamic Medical Technologies's ROC (Joel Greenblatt) % falls into.


ROCO:4138
84GF Score
Dynamic Medical Technologies Inc ROCO:4138
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dynamic Medical Technologies 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(212.384 + 279.012 + 56.433) - (220.847 + 0 + 558.829)
=-231.847

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(295.606 + 252.506 + 58.358) - (345.288 + 0 + 550.586)
=-289.404

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dynamic Medical Technologies for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=182.452/( ( (376.846 + max(-231.847, 0)) + (354.574 + max(-289.404, 0)) )/ 2 )
=182.452/( ( 376.846 + 354.574 )/ 2 )
=182.452/365.71
=49.89 %

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 49.89% mean?
Dynamic Medical Technologies (ROCO:4138) has a ROC (Joel Greenblatt) % of 49.89% 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 Dynamic Medical Technologies and its competitors. This is 13% below median its historical median of 57.33. Over the past decade, Dynamic Medical Technologies' ROC (Joel Greenblatt) % has ranged from 43.04 to 289.63. According to the industry distribution chart, Dynamic Medical Technologies ranks #79 out of 837 companies in the Medical Devices & Instruments industry, placing it in the top 9.4%.
Is Dynamic Medical Technologies' ROC (Joel Greenblatt) % too high?
Dynamic Medical Technologies' current ROC (Joel Greenblatt) % of 49.89% is 13% below median its 10-year median of 57.33. Over the past 10 years, this metric has ranged from a low of 43.04 to a high of 289.63. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.60. Dynamic Medical Technologies' value of 49.89% is 984.6% above this industry median. Based on the distribution chart, Dynamic Medical Technologies ranks #79 out of 837 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Dynamic Medical Technologies has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dynamic Medical Technologies' ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Dynamic Medical Technologies ranks #79 out of 837 companies for ROC (Joel Greenblatt) %. This places Dynamic Medical Technologies in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.60. Dynamic Medical Technologies' value of 49.89% is 984.6% above this benchmark. Historically, Dynamic Medical Technologies' own ROC (Joel Greenblatt) % has ranged from 43.04 to 289.63 over the past decade. While the company's 10-year median is 57.33 vs. the industry median of 4.60, Dynamic Medical Technologies 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.60, based on 837 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. Dynamic Medical Technologies's current ROC (Joel Greenblatt) % of 49.89% is 984.6% 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 Dynamic Medical Technologies and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynamic Medical Technologies's current ROC (Joel Greenblatt) % is 49.89%, which is 13% below median its own 10-year median of 57.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamic Medical Technologies stock overvalued right now?
Based on GuruFocus' analysis, Dynamic Medical Technologies (ROCO:4138) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$73.17, compared to a current price of NT$51.20 — trading 30% below its estimated fair value. The current ROC (Joel Greenblatt) % is 49.89%, which is 13% below median its 10-year median of 57.33 and 984.6% above the Medical Devices & Instruments industry median of 4.60. Dynamic Medical Technologies' overall GF Score™ is 84/100 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 Dynamic Medical Technologies (ROCO:4138), the current ROC (Joel Greenblatt) % is 49.89% 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 Dynamic Medical Technologies (ROCO:4138) Overvalued in 2026?

Based on GuruFocus' analysis, Dynamic Medical Technologies stock appears to be undervalued. The current stock price of NT$51.20 is trading 30% below its estimated GF Value™ of NT$73.17. GuruFocus considers Dynamic Medical Technologies to be Significantly Undervalued.

Key valuation signals for ROCO:4138:

  • ROC (Joel Greenblatt) %: 49.89% (13% below median its 10-year median of 57.33)
  • GF Value™: NT$73.17 vs. price of NT$51.20 (30% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 984.6% above the Medical Devices & Instruments median (#79 of 837)

No single metric tells the full story. See the ROCO:4138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dynamic Medical Technologies Business Description

Address No. 880, Zhongzheng Road, 14th Floor, Zhonghe District, New Taipei City, TWN, 23586
Dynamic Medical Technologies Inc is engaged in the sales, maintenance, and integrated marketing of aesthetic lasers and light-based equipment. The company's product line includes aesthetic medical devices, body contouring devices, dermal fillers, and cosmeceuticals. The reportable segments after the adjustment are the Medical equipment trading segment and the Beauty channel segment. The Medical equipment trading segment includes selling, leasing, and repairing medical aesthetic equipment and selling the medical aesthetic consumables and cosmetic products. The Beauty channel segment generates revenues from the sale of lifestyle beauty products and treatments at physical store, as well as the sale of medical aesthetic products.
84GF Score

Get the complete analysis for ROCO:4138

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

NT$51.20
Price
NT$73.17
GF Value