Cen Link Co (ROCO:5254) ROC (Joel Greenblatt) %: 36.34% (As of Dec. 2025) — 43% Above Median

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ROCO:5254 Cen Link Co Ltd ROCO:5254
84 GF Score
Price NT$38.90
GF Value NT$34.12
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Cen Link Co ROC (Joel Greenblatt) %?

Cen Link Co ROCO:5254 +3.46% 84 ROC (Joel Greenblatt) % is 36.34% as of Dec. 2025, which is 43% above its 10-year median of 25.45. GuruFocus rates ROCO:5254 with a GF Score™ of 84/100 and a GF Value™ of NT$34.12 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,492 Hardware companies, Cen Link Co ranks better than 80.38% 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. Cen Link Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 36.34%.

The historical rank and industry rank for Cen Link Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCO:5254' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.78   Med: 25.45   Max: 51.74
Current: 34.86

During the past 11 years, Cen Link Co's highest ROC (Joel Greenblatt) % was 51.74%. The lowest was 10.78%. And the median was 25.45%.

ROCO:5254's ROC (Joel Greenblatt) % is ranked better than
80.38% of 2492 companies
in the Hardware industry
Industry Median: 10.46 vs ROCO:5254: 34.86

Cen Link Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.10% per year.


Cen Link Co  (ROCO:5254) 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.


Cen Link Co ROC (Joel Greenblatt) % Related Terms


Cen Link Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Cen Link 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.

Cen Link Co ROC (Joel Greenblatt) % Chart

Cen Link Co 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 30.74 51.74 24.21 47.76 32.65

Cen Link Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.65 61.10 35.75 35.81 36.34

ROCO:5254 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, Cen Link 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.


Cen Link Co ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Cen Link Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Cen Link Co's ROC (Joel Greenblatt) % falls into.


ROCO:5254
84GF Score
Cen Link Co Ltd ROCO:5254
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cen Link 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:

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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.101 + 82.811 + 6.653) - (211.384 + 0 + 53.124)
=38.057

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(233.011 + 84.143 + 7.998) - (186.832 + 0 + 49.677)
=88.643

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Cen Link Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=75.648/( ( (138.632 + max(38.057, 0)) + (151.022 + max(88.643, 0)) )/ 2 )
=75.648/( ( 176.689 + 239.665 )/ 2 )
=75.648/208.177
=36.34 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 36.34% mean?
Cen Link Co (ROCO:5254) has a ROC (Joel Greenblatt) % of 36.34% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cen Link Co and its competitors. This is 43% above median its historical median of 25.45. Over the past decade, Cen Link Co's ROC (Joel Greenblatt) % has ranged from 10.78 to 51.74. According to the industry distribution chart, Cen Link Co ranks #489 out of 2492 companies in the Hardware industry, placing it in the top 19.6%.
Is Cen Link Co's ROC (Joel Greenblatt) % too high?
Cen Link Co's current ROC (Joel Greenblatt) % of 36.34% is 43% above median its 10-year median of 25.45. Over the past 10 years, this metric has ranged from a low of 10.78 to a high of 51.74. The Hardware industry median ROC (Joel Greenblatt) % is 10.46. Cen Link Co's value of 36.34% is 247.4% above this industry median. Based on the distribution chart, Cen Link Co ranks #489 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cen Link Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cen Link Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Cen Link Co ranks #489 out of 2492 companies for ROC (Joel Greenblatt) %. This places Cen Link Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.46. Cen Link Co's value of 36.34% is 247.4% above this benchmark. Historically, Cen Link Co's own ROC (Joel Greenblatt) % has ranged from 10.78 to 51.74 over the past decade. While the company's 10-year median is 25.45 vs. the industry median of 10.46, Cen Link Co 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 a Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.46, based on 2,492 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. Cen Link Co's current ROC (Joel Greenblatt) % of 36.34% is 247.4% 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 Cen Link Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cen Link Co's current ROC (Joel Greenblatt) % is 36.34%, which is 43% above median its own 10-year median of 25.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cen Link Co stock overvalued right now?
Based on GuruFocus' analysis, Cen Link Co (ROCO:5254) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$34.12, compared to a current price of NT$38.90 — trading 14% above its estimated fair value. The current ROC (Joel Greenblatt) % is 36.34%, which is 43% above median its 10-year median of 25.45 and 247.4% above the Hardware industry median of 10.46. Cen Link Co's overall GF Score™ is 84/100 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 Cen Link Co (ROCO:5254), the current ROC (Joel Greenblatt) % is 36.34% as of Dec. 2025. 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 Cen Link Co (ROCO:5254) Overvalued in 2026?

Based on GuruFocus' analysis, Cen Link Co stock appears to be overvalued. The current stock price of NT$38.90 is trading 14% above its estimated GF Value™ of NT$34.12. GuruFocus considers Cen Link Co to be Modestly Overvalued.

Key valuation signals for ROCO:5254:

  • ROC (Joel Greenblatt) %: 36.34% (43% above median its 10-year median of 25.45)
  • GF Value™: NT$34.12 vs. price of NT$38.90 (14% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 247.4% above the Hardware median (#489 of 2492)

No single metric tells the full story. See the ROCO:5254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cen Link Co Business Description

Address Datong Road, 10th Floor, No. 173, Section 2, Yuzhi District, New Taipei, TWN, 221
Cen Link Co Ltd is engaged in manufacturing, trading, and research and development of various electronic components and connector-related products. The company's product offerings are Box header connector, Battery connectors, Machine pin connectors, Micro USB, Audio jack connectors, DC power jack connectors, and others. Its products are used in Set-top boxes, LCD, Cell phones, and DV/DSC, among others.
84GF Score

Get the complete analysis for ROCO:5254

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

NT$38.90
Price
NT$34.12
GF Value