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Bright Sheland International CoROCO:4556 -1.66%53 ROC (Joel Greenblatt) % is 4.30% as of Mar. 2026, which is 16% above its 10-year median of 3.71. GuruFocus rates ROCO:4556 with a GF Score™ of 53/100 and a GF Value™ of NT$35.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,062 Industrial Products companies, Bright Sheland International Co ranks worse than 63.16% 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. Bright Sheland International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.30%.
The historical rank and industry rank for Bright Sheland International Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:4556'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.7 Med: 3.71 Max: 12.08
Current: 6.36
During the past 13 years, Bright Sheland International Co's highest ROC (Joel Greenblatt) % was 12.08%. The lowest was 2.70%. And the median was 3.71%.
ROCO:4556's ROC (Joel Greenblatt) % is ranked worse than 63.16% of 3062
companies
in the Industrial Products industry
Industry Median: 11.585
vs ROCO:4556: 6.36
Bright Sheland International Co (ROCO:4556) 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.
* 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.
Bright Sheland International Co ROC (Joel Greenblatt) % Chart
ROCO:4556 vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison
For the Pollution & Treatment Controls subindustry, Bright Sheland International 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.
Bright Sheland International Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bright Sheland International Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bright Sheland International Co's ROC (Joel Greenblatt) % falls into.
Bright Sheland International 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 4.30% mean?
Bright Sheland International Co (ROCO:4556) has a ROC (Joel Greenblatt) % of 4.30% 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 Bright Sheland International Co and its competitors. This is 16% above median its historical median of 3.71. Over the past decade, Bright Sheland International Co's ROC (Joel Greenblatt) % has ranged from 2.70 to 12.08. According to the industry distribution chart, Bright Sheland International Co ranks #1934 out of 3062 companies in the Industrial Products industry, placing it in the top 63.2%.
Is Bright Sheland International Co's ROC (Joel Greenblatt) % too high?
Bright Sheland International Co's current ROC (Joel Greenblatt) % of 4.30% is 16% above median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 12.08. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Bright Sheland International Co's value of 4.30% is 62.9% below this industry median. Based on the distribution chart, Bright Sheland International Co ranks #1934 out of 3062 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bright Sheland International Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Sheland International Co's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Bright Sheland International Co ranks #1934 out of 3062 companies for ROC (Joel Greenblatt) %. This places Bright Sheland International Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.59. Bright Sheland International Co's value of 4.30% is 62.9% below this benchmark. Historically, Bright Sheland International Co's own ROC (Joel Greenblatt) % has ranged from 2.70 to 12.08 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 11.59, Bright Sheland International 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. Bright Sheland International Co's current ROC (Joel Greenblatt) % of 4.30% is 62.9% 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 Bright Sheland International 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. Bright Sheland International Co's current ROC (Joel Greenblatt) % is 4.30%, which is 16% above median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Sheland International Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Sheland International Co (ROCO:4556) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.21, compared to a current price of NT$83.10 — trading 136% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.30%, which is 16% above median its 10-year median of 3.71 and 62.9% below the Industrial Products industry median of 11.59. Bright Sheland International Co's overall GF Score™ is 53/100 with 2 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 Bright Sheland International Co (ROCO:4556), the current ROC (Joel Greenblatt) % is 4.30% 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 Bright Sheland International Co (ROCO:4556) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Sheland International Co stock appears to be overvalued.
The current stock price of NT$83.10 is trading 136% above its estimated GF Value™ of NT$35.21.
GuruFocus considers Bright Sheland International Co to be Significantly Overvalued.
Key valuation signals for ROCO:4556:
ROC (Joel Greenblatt) %: 4.30% (16% above median its 10-year median of 3.71)
GF Value™: NT$35.21 vs. price of NT$83.10 (136% above fair value)
Industry Position: 62.9% below the Industrial Products median (#1934 of 3062)
No single metric tells the full story. See the ROCO:4556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.
53GF Score
Get the complete analysis for ROCO:4556
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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