Gold Rain Enterprises (ROCO:4503) ROC (Joel Greenblatt) %: 49.60% (As of Mar. 2026) — 3000% Above Median

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ROCO:4503 Gold Rain Enterprises Corp ROCO:4503
63 GF Score
Price NT$30.15
GF Value NT$93.57
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Gold Rain Enterprises ROC (Joel Greenblatt) %?

Gold Rain Enterprises ROCO:4503 -9.87% 63 ROC (Joel Greenblatt) % is 49.60% as of Mar. 2026, which is 3000% above its 10-year median of 1.60. GuruFocus rates ROCO:4503 with a GF Score™ of 63/100 and a GF Value™ of NT$93.57 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,062 Industrial Products companies, Gold Rain Enterprises ranks better than 75.18% 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. Gold Rain Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 49.60%.

The historical rank and industry rank for Gold Rain Enterprises's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:4503' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.2   Med: 1.6   Max: 27.36
Current: 27.36

During the past 13 years, Gold Rain Enterprises's highest ROC (Joel Greenblatt) % was 27.36%. The lowest was -15.20%. And the median was 1.60%.

ROCO:4503's ROC (Joel Greenblatt) % is ranked better than
75.18% of 3062 companies
in the Industrial Products industry
Industry Median: 11.585 vs ROCO:4503: 27.36

Gold Rain Enterprises's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Gold Rain Enterprises  (ROCO:4503) 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.


Gold Rain Enterprises ROC (Joel Greenblatt) % Related Terms


Gold Rain Enterprises ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises ROC (Joel Greenblatt) % Chart

Gold Rain Enterprises 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 -7.35 -9.42 -15.20 -13.13 16.94

Gold Rain Enterprises 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 0.22 -3.21 48.44 15.84 49.60

Gold Rain Enterprises ROC (Joel Greenblatt) % Competitor Comparison

For the Business Equipment & Supplies subindustry, Gold Rain Enterprises'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.


Gold Rain Enterprises ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gold Rain Enterprises's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gold Rain Enterprises's ROC (Joel Greenblatt) % falls into.


ROCO:4503
63GF Score
Gold Rain Enterprises Corp ROCO:4503
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Rain Enterprises 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)
=(64.346 + 111.304 + 25.115) - (68.574 + 0 + 7.975)
=124.216

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.48 + 101.276 + 27.811) - (65.465 + 0 + 5.231)
=214.871

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gold Rain Enterprises 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 )
=299.284/( ( (435.892 + max(124.216, 0)) + (431.691 + max(214.871, 0)) )/ 2 )
=299.284/( ( 560.108 + 646.562 )/ 2 )
=299.284/603.335
=49.60 %

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 49.60% mean?
Gold Rain Enterprises (ROCO:4503) has a ROC (Joel Greenblatt) % of 49.60% 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 Gold Rain Enterprises and its competitors. This is 3000% above median its historical median of 1.60. According to the industry distribution chart, Gold Rain Enterprises ranks #760 out of 3062 companies in the Industrial Products industry, placing it in the top 24.8%.
Is Gold Rain Enterprises' ROC (Joel Greenblatt) % too high?
Gold Rain Enterprises' current ROC (Joel Greenblatt) % of 49.60% is 3000% above median its 10-year median of 1.60. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Gold Rain Enterprises' value of 49.60% is 328.1% above this industry median. Based on the distribution chart, Gold Rain Enterprises ranks #760 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Rain Enterprises has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Rain Enterprises' ROC (Joel Greenblatt) % compare to competitors?
According to the Industrial Products industry distribution chart, Gold Rain Enterprises ranks #760 out of 3062 companies for ROC (Joel Greenblatt) %. This places Gold Rain Enterprises in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.59. Gold Rain Enterprises' value of 49.60% is 328.1% above this benchmark. While the company's 10-year median is 1.60 vs. the industry median of 11.59, Gold Rain Enterprises 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 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. Gold Rain Enterprises's current ROC (Joel Greenblatt) % of 49.60% is 328.1% 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 Gold Rain Enterprises 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. Gold Rain Enterprises's current ROC (Joel Greenblatt) % is 49.60%, which is 3000% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Rain Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Gold Rain Enterprises (ROCO:4503) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$93.57, compared to a current price of NT$30.15 — trading 67.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 49.60%, which is 3000% above median its 10-year median of 1.60 and 328.1% above the Industrial Products industry median of 11.59. Gold Rain Enterprises' overall GF Score™ is 63/100 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 Gold Rain Enterprises (ROCO:4503), the current ROC (Joel Greenblatt) % is 49.60% 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 Gold Rain Enterprises (ROCO:4503) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Rain Enterprises stock appears to be undervalued. The current stock price of NT$30.15 is trading 67.8% below its estimated GF Value™ of NT$93.57. GuruFocus considers Gold Rain Enterprises to be Significantly Undervalued.

Key valuation signals for ROCO:4503:

  • ROC (Joel Greenblatt) %: 49.60% (3000% above median its 10-year median of 1.60)
  • GF Value™: NT$93.57 vs. price of NT$30.15 (67.8% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 328.1% above the Industrial Products median (#760 of 3062)

No single metric tells the full story. See the ROCO:4503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gold Rain Enterprises Business Description

Address Lane 411, Punei Street, No. 101, Yanhe Village, Changhua County, Changhua, TWN, 500024
Gold Rain Enterprises Corp is a Taiwan-based manufacturer of vending machines. It offers various service machines comprising digital vending machines, post machines, digital photo printers, knocking gamers, lottery machines, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with full production line tools, such as various types of molds, punching beds, laser cutting, painting, welding, and assembly lines. Geographically, the company generates maximum revenue from Taiwan and the rest from other parts of Asia.
63GF Score

Get the complete analysis for ROCO:4503

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

NT$30.15
Price
NT$93.57
GF Value