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GFCROCO:4506 -0.41%94 ROC (Joel Greenblatt) % is 173.84% as of Mar. 2026, which is 99% above its 10-year median of 87.31. GuruFocus rates ROCO:4506 with a GF Score™ of 94/100 and a GF Value™ of NT$119.73 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,064 Industrial Products companies, GFC ranks better than 97.81% 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. GFC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 173.84%.
The historical rank and industry rank for GFC's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:4506'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 67.04 Med: 87.31 Max: 141.23
Current: 141.23
During the past 13 years, GFC's highest ROC (Joel Greenblatt) % was 141.23%. The lowest was 67.04%. And the median was 87.31%.
ROCO:4506's ROC (Joel Greenblatt) % is ranked better than 97.81% of 3064
companies
in the Industrial Products industry
Industry Median: 11.79
vs ROCO:4506: 141.23
GFC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.20% 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.
The historical data trend for GFC'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:4506 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, GFC'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.
GFC ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GFC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GFC'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 173.84% mean?
GFC (ROCO:4506) has a ROC (Joel Greenblatt) % of 173.84% 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 GFC and its competitors. This is 99% above median its historical median of 87.31. Over the past decade, GFC's ROC (Joel Greenblatt) % has ranged from 67.04 to 141.23. According to the industry distribution chart, GFC ranks #67 out of 3064 companies in the Industrial Products industry, placing it in the top 2.2%.
Is GFC's ROC (Joel Greenblatt) % too high?
GFC's current ROC (Joel Greenblatt) % of 173.84% is 99% above median its 10-year median of 87.31. Over the past 10 years, this metric has ranged from a low of 67.04 to a high of 141.23. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.79. GFC's value of 173.84% is 1374.5% above this industry median. Based on the distribution chart, GFC ranks #67 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, GFC has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GFC's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, GFC ranks #67 out of 3064 companies for ROC (Joel Greenblatt) %. This places GFC in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.79. GFC's value of 173.84% is 1374.5% above this benchmark. Historically, GFC's own ROC (Joel Greenblatt) % has ranged from 67.04 to 141.23 over the past decade. While the company's 10-year median is 87.31 vs. the industry median of 11.79, GFC 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 11.79, based on 3,064 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. GFC's current ROC (Joel Greenblatt) % of 173.84% is 1374.5% 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 GFC and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFC's current ROC (Joel Greenblatt) % is 173.84%, which is 99% above median its own 10-year median of 87.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFC stock overvalued right now?
Based on GuruFocus' analysis, GFC (ROCO:4506) is currently considered Fairly Valued. The stock's GF Value™ is NT$119.73, compared to a current price of NT$122.50 — trading 2.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 173.84%, which is 99% above median its 10-year median of 87.31 and 1374.5% above the Industrial Products industry median of 11.79. GFC's overall GF Score™ is 94/100 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 GFC (ROCO:4506), the current ROC (Joel Greenblatt) % is 173.84% 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 GFC (ROCO:4506) Overvalued in 2026?
Based on GuruFocus' analysis, GFC stock appears to be overvalued.
The current stock price of NT$122.50 is trading 2.3% above its estimated GF Value™ of NT$119.73.
GuruFocus considers GFC to be Fairly Valued.
Key valuation signals for ROCO:4506:
ROC (Joel Greenblatt) %: 173.84% (99% above median its 10-year median of 87.31)
GF Value™: NT$119.73 vs. price of NT$122.50 (2.3% above fair value)
Industry Position: 1374.5% above the Industrial Products median (#67 of 3064)
No single metric tells the full story. See the ROCO:4506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFC Ltd is engaged in providing services like elevators, escalators, vacuum elevators, generators, etc. The company's products are used in offices and factories, shopping malls, hotels, mansions, hospitals, and other locations. Its reportable segments are: Sales and Maintenance. GFC generates maximum revenue from the Sales segment, which is responsible for the manufacturing and sale of elevators and generators. The Maintenance segment is responsible for the maintenance of elevators and generators. Geographically, the company generates maximum revenue from Taiwan, and the rest from Mainland China, Singapore, and other countries.
94GF Score
Get the complete analysis for ROCO:4506
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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