Gigastone (ROCO:5262) ROC (Joel Greenblatt) %: 34.32% (As of Mar. 2026) — 301% Above Median

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ROCO:5262 Gigastone Corp ROCO:5262
78 GF Score
Price NT$40.10
GF Value NT$37.30
Valuation Fairly Valued
! 8 Warning Signs
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What is Gigastone ROC (Joel Greenblatt) %?

Gigastone ROCO:5262 +4.97% 78 ROC (Joel Greenblatt) % is 34.32% as of Mar. 2026, which is 301% above its 10-year median of 8.56. GuruFocus rates ROCO:5262 with a GF Score™ of 78/100 and a GF Value™ of NT$37.30 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,027 Semiconductors companies, Gigastone ranks better than 62.32% 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. Gigastone's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.32%.

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

ROCO:5262' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.05   Med: 8.56   Max: 29.05
Current: 17.59

During the past 13 years, Gigastone's highest ROC (Joel Greenblatt) % was 29.05%. The lowest was -13.05%. And the median was 8.56%.

ROCO:5262's ROC (Joel Greenblatt) % is ranked better than
62.32% of 1027 companies
in the Semiconductors industry
Industry Median: 8.5 vs ROCO:5262: 17.59

Gigastone's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 33.30% per year.


Gigastone  (ROCO:5262) 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.


Gigastone ROC (Joel Greenblatt) % Related Terms


Gigastone ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Gigastone'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.

Gigastone ROC (Joel Greenblatt) % Chart

Gigastone 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 7.84 10.86 28.88 29.05 9.27

Gigastone Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.38 3.77 5.90 22.16 34.32

ROCO:5262 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Gigastone'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.


Gigastone ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gigastone's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:5262
78GF Score
Gigastone Corp ROCO:5262
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigastone 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(111.404 + 952.922 + 52.172) - (255.649 + 0 + 30.987)
=829.862

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.474 + 1296.252 + 68.181) - (227.89 + 0 + 28.628)
=1237.389

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gigastone for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=515.816/( ( (470.265 + max(829.862, 0)) + (468.575 + max(1237.389, 0)) )/ 2 )
=515.816/( ( 1300.127 + 1705.964 )/ 2 )
=515.816/1503.0455
=34.32 %

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 34.32% mean?
Gigastone (ROCO:5262) has a ROC (Joel Greenblatt) % of 34.32% 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 Gigastone and its competitors. This is 301% above median its historical median of 8.56. According to the industry distribution chart, Gigastone ranks #387 out of 1027 companies in the Semiconductors industry, placing it in the top 37.7%.
Is Gigastone's ROC (Joel Greenblatt) % too high?
Gigastone's current ROC (Joel Greenblatt) % of 34.32% is 301% above median its 10-year median of 8.56. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.50. Gigastone's value of 34.32% is 303.8% above this industry median. Based on the distribution chart, Gigastone ranks #387 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Gigastone has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gigastone's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Gigastone ranks #387 out of 1027 companies for ROC (Joel Greenblatt) %. This puts Gigastone in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.50. Gigastone's value of 34.32% is 303.8% above this benchmark. While the company's 10-year median is 8.56 vs. the industry median of 8.50, Gigastone 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.50, based on 1,027 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. Gigastone's current ROC (Joel Greenblatt) % of 34.32% is 303.8% 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 Gigastone and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gigastone's current ROC (Joel Greenblatt) % is 34.32%, which is 301% above median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigastone stock overvalued right now?
Based on GuruFocus' analysis, Gigastone (ROCO:5262) is currently considered Fairly Valued. The stock's GF Value™ is NT$37.30, compared to a current price of NT$40.10 — trading 7.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.32%, which is 301% above median its 10-year median of 8.56 and 303.8% above the Semiconductors industry median of 8.50. Gigastone's overall GF Score™ is 78/100 with 8 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 Gigastone (ROCO:5262), the current ROC (Joel Greenblatt) % is 34.32% 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 Gigastone (ROCO:5262) Overvalued in 2026?

Based on GuruFocus' analysis, Gigastone stock appears to be overvalued. The current stock price of NT$40.10 is trading 7.5% above its estimated GF Value™ of NT$37.30. GuruFocus considers Gigastone to be Fairly Valued.

Key valuation signals for ROCO:5262:

  • ROC (Joel Greenblatt) %: 34.32% (301% above median its 10-year median of 8.56)
  • GF Value™: NT$37.30 vs. price of NT$40.10 (7.5% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 303.8% above the Semiconductors median (#387 of 1027)

No single metric tells the full story. See the ROCO:5262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gigastone Business Description

Address No. 166, Xinhu 2nd Road, 4th Floor, Neihu District, Taipei, TWN, 114
Gigastone Corp is a Taiwan based company involved in the businesses of Memory Module, Wireless/Networking Module, and Control IC and Display Module. The product portfolio of the company consists of SD Card, TF Card, OTG Flash Drives, Wireless Charger, and Wireless Smart Battery among others.
78GF Score

Get the complete analysis for ROCO:5262

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

NT$40.10
Price
NT$37.30
GF Value