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Koge Micro Tech CoROCO:4568 86 ROC (Joel Greenblatt) % is 11.38% as of Mar. 2026, which is 68% below its 10-year median of 35.02. GuruFocus rates ROCO:4568 with a GF Score™ of 86/100 and a GF Value™ of NT$55.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,064 Industrial Products companies, Koge Micro Tech Co ranks worse than 55.84% 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. Koge Micro Tech Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.38%.
The historical rank and industry rank for Koge Micro Tech Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:4568'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.67 Med: 35.02 Max: 73.49
Current: 9.2
During the past 12 years, Koge Micro Tech Co's highest ROC (Joel Greenblatt) % was 73.49%. The lowest was 6.67%. And the median was 35.02%.
ROCO:4568's ROC (Joel Greenblatt) % is ranked worse than 55.84% of 3064
companies
in the Industrial Products industry
Industry Median: 11.675
vs ROCO:4568: 9.20
Koge Micro Tech Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.80% per year.
Koge Micro Tech Co (ROCO:4568) 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.
Koge Micro Tech Co ROC (Joel Greenblatt) % Related Terms
Koge Micro Tech Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Koge Micro Tech 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.
ROCO:4568 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Koge Micro Tech 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.
Koge Micro Tech Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Koge Micro Tech Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Koge Micro Tech Co's ROC (Joel Greenblatt) % falls into.
Koge Micro Tech 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 11.38% mean?
Koge Micro Tech Co (ROCO:4568) has a ROC (Joel Greenblatt) % of 11.38% 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 Koge Micro Tech Co and its competitors. This is 68% below median its historical median of 35.02. Over the past decade, Koge Micro Tech Co's ROC (Joel Greenblatt) % has ranged from 6.67 to 73.49. According to the industry distribution chart, Koge Micro Tech Co ranks #1711 out of 3064 companies in the Industrial Products industry, placing it in the top 55.8%.
Is Koge Micro Tech Co's ROC (Joel Greenblatt) % too high?
Koge Micro Tech Co's current ROC (Joel Greenblatt) % of 11.38% is 68% below median its 10-year median of 35.02. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 73.49. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.68. Koge Micro Tech Co's value of 11.38% is 2.5% below this industry median. Based on the distribution chart, Koge Micro Tech Co ranks #1711 out of 3064 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Koge Micro Tech Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koge Micro Tech Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Koge Micro Tech Co ranks #1711 out of 3064 companies for ROC (Joel Greenblatt) %. This places Koge Micro Tech Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. Koge Micro Tech Co's value of 11.38% is 2.5% below this benchmark. Historically, Koge Micro Tech Co's own ROC (Joel Greenblatt) % has ranged from 6.67 to 73.49 over the past decade. While the company's 10-year median is 35.02 vs. the industry median of 11.68, Koge Micro Tech 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 11.68, 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. Koge Micro Tech Co's current ROC (Joel Greenblatt) % of 11.38% is 2.5% 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 Koge Micro Tech Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koge Micro Tech Co's current ROC (Joel Greenblatt) % is 11.38%, which is 68% below median its own 10-year median of 35.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koge Micro Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Koge Micro Tech Co (ROCO:4568) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$55.67, compared to a current price of NT$39.45 — trading 29.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.38%, which is 68% below median its 10-year median of 35.02 and 2.5% below the Industrial Products industry median of 11.68. Koge Micro Tech Co's overall GF Score™ is 86/100 with 5 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 Koge Micro Tech Co (ROCO:4568), the current ROC (Joel Greenblatt) % is 11.38% 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 Koge Micro Tech Co (ROCO:4568) Overvalued in 2026?
Based on GuruFocus' analysis, Koge Micro Tech Co stock appears to be undervalued.
The current stock price of NT$39.45 is trading 29.1% below its estimated GF Value™ of NT$55.67.
GuruFocus considers Koge Micro Tech Co to be Modestly Undervalued.
Key valuation signals for ROCO:4568:
ROC (Joel Greenblatt) %: 11.38% (68% below median its 10-year median of 35.02)
GF Value™: NT$55.67 vs. price of NT$39.45 (29.1% below fair value)
Industry Position: 2.5% below the Industrial Products median (#1711 of 3064)
No single metric tells the full story. See the ROCO:4568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koge Micro Tech Co Ltd is a Taiwan-based company engaged in the business of manufacturing precision pumps and valves. It engages in designing and producing different types of precision pumps and valves including air pumps, vacuum pumps, water pumps, gear pumps, and electromagnetic pumps; one-way solenoid valves, two-way solenoid valves, three-way solenoid valves, combined-type solenoid valves, linear-type solenoid valve and solenoid valves. The group's products are used and sold in fuel cells, energy and environment, environmental monitoring, detection analysis, medical devices, automotive products, healthcare equipment, beauty care apparatus, and household appliance fields.
86GF Score
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