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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. OFCO Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.23%.
The historical rank and industry rank for OFCO Industrial's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:5011'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.36 Med: -0.17 Max: 20.24
Current: -28.27
During the past 13 years, OFCO Industrial's highest ROC (Joel Greenblatt) % was 20.24%. The lowest was -35.36%. And the median was -0.17%.
ROCO:5011's ROC (Joel Greenblatt) % is ranked worse than 90.65% of 3068
companies
in the Industrial Products industry
Industry Median: 12.06
vs ROCO:5011: -28.27
OFCO Industrial's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
OFCO Industrial ROC (Joel Greenblatt) % Related Terms
OFCO Industrial ROC (Joel Greenblatt) % Historical Data
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The historical data trend for OFCO Industrial'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:5011 vs SNA, RBC, SWK: ROC (Joel Greenblatt) % Comparison
For the Tools & Accessories subindustry, OFCO Industrial'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.
OFCO Industrial ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, OFCO Industrial's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OFCO Industrial'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 (Jun. 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 4.23% mean?
OFCO Industrial (ROCO:5011) has a ROC (Joel Greenblatt) % of 4.23% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on OFCO Industrial and its competitors. According to the industry distribution chart, OFCO Industrial ranks #2781 out of 3068 companies in the Industrial Products industry, placing it in the top 90.6%.
Is OFCO Industrial's ROC (Joel Greenblatt) % too high?
OFCO Industrial's current ROC (Joel Greenblatt) % is 4.23%. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.06. OFCO Industrial's value of 4.23% is 64.9% below this industry median. Based on the distribution chart, OFCO Industrial ranks #2781 out of 3068 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OFCO Industrial has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OFCO Industrial's ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OFCO Industrial ranks #2781 out of 3068 companies for ROC (Joel Greenblatt) %. This places OFCO Industrial in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.06. OFCO Industrial's value of 4.23% is 64.9% below this benchmark. 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 12.06, based on 3,068 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. OFCO Industrial's current ROC (Joel Greenblatt) % of 4.23% is 64.9% 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 OFCO Industrial and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OFCO Industrial's current ROC (Joel Greenblatt) % is 4.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OFCO Industrial stock overvalued right now?
Based on GuruFocus' analysis, OFCO Industrial (ROCO:5011) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.08, compared to a current price of NT$17.30 — trading 17.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.23% and 64.9% below the Industrial Products industry median of 12.06. OFCO Industrial's overall GF Score™ is 52/100 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 OFCO Industrial (ROCO:5011), the current ROC (Joel Greenblatt) % is 4.23% as of Jun. 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 OFCO Industrial (ROCO:5011) Overvalued in 2026?
Based on GuruFocus' analysis, OFCO Industrial stock appears to be undervalued.
The current stock price of NT$17.30 is trading 17.9% below its estimated GF Value™ of NT$21.08.
GuruFocus considers OFCO Industrial to be Modestly Undervalued.
Key valuation signals for ROCO:5011:
ROC (Joel Greenblatt) %: 4.23%
GF Value™: NT$21.08 vs. price of NT$17.30 (17.9% below fair value)
Industry Position: 64.9% below the Industrial Products median (#2781 of 3068)
No single metric tells the full story. See the ROCO:5011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OFCO Industrial Corp is engaged in the manufacture of fastener screws and related products, metal heat treatment OEM and trading. Its segments include Screws department, Transportation department, and Environmental Business department. Geographically, its operations are spread across Taiwan, Germany, USA, and Other Countries with majority of the revenue generating from Taiwan.
52GF Score
Get the complete analysis for ROCO:5011
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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