Dimerco Data System (ROCO:5403) ROC (Joel Greenblatt) %: 54.65% (As of Mar. 2026) — 38% Above Median

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ROCO:5403 Dimerco Data System Corp ROCO:5403
94 GF Score
Price NT$93.50
GF Value NT$132.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Dimerco Data System ROC (Joel Greenblatt) %?

Dimerco Data System ROCO:5403 +0.75% 94 ROC (Joel Greenblatt) % is 54.65% as of Mar. 2026, which is 38% above its 10-year median of 39.72. GuruFocus rates ROCO:5403 with a GF Score™ of 94/100 and a GF Value™ of NT$132.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,817 Software companies, Dimerco Data System ranks better than 68.05% 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. Dimerco Data System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.65%.

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

ROCO:5403' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.15   Med: 39.72   Max: 88.76
Current: 76.32

During the past 13 years, Dimerco Data System's highest ROC (Joel Greenblatt) % was 88.76%. The lowest was 23.15%. And the median was 39.72%.

ROCO:5403's ROC (Joel Greenblatt) % is ranked better than
68.05% of 2817 companies
in the Software industry
Industry Median: 20.25 vs ROCO:5403: 76.32

Dimerco Data System's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.70% per year.


Dimerco Data System  (ROCO:5403) 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.


Dimerco Data System ROC (Joel Greenblatt) % Related Terms


Dimerco Data System ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dimerco Data System'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.

Dimerco Data System ROC (Joel Greenblatt) % Chart

Dimerco Data System 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 37.63 52.34 77.85 88.76 81.17

Dimerco Data System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 72.59 74.41 69.60 106.39 54.65

ROCO:5403 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Dimerco Data System'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.


Dimerco Data System ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Dimerco Data System's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:5403
94GF Score
Dimerco Data System Corp ROCO:5403
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dimerco Data System 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)
=(60.199 + 1061.611 + 386.025) - (801.043 + 0 + 1097.733)
=-390.941

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.733 + 1102.724 + 406.86) - (1309.84 + 0 + 1041.45)
=-772.973

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dimerco Data System 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 )
=537.828/( ( (980.145 + max(-390.941, 0)) + (988.01 + max(-772.973, 0)) )/ 2 )
=537.828/( ( 980.145 + 988.01 )/ 2 )
=537.828/984.0775
=54.65 %

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 54.65% mean?
Dimerco Data System (ROCO:5403) has a ROC (Joel Greenblatt) % of 54.65% 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 Dimerco Data System and its competitors. This is 38% above median its historical median of 39.72. Over the past decade, Dimerco Data System's ROC (Joel Greenblatt) % has ranged from 23.15 to 88.76. According to the industry distribution chart, Dimerco Data System ranks #900 out of 2817 companies in the Software industry, placing it in the top 31.9%.
Is Dimerco Data System's ROC (Joel Greenblatt) % too high?
Dimerco Data System's current ROC (Joel Greenblatt) % of 54.65% is 38% above median its 10-year median of 39.72. Over the past 10 years, this metric has ranged from a low of 23.15 to a high of 88.76. The Software industry median ROC (Joel Greenblatt) % is 20.25. Dimerco Data System's value of 54.65% is 169.9% above this industry median. Based on the distribution chart, Dimerco Data System ranks #900 out of 2817 companies in the Software industry, which is above the industry midpoint. Overall, Dimerco Data System has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dimerco Data System's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Dimerco Data System ranks #900 out of 2817 companies for ROC (Joel Greenblatt) %. This puts Dimerco Data System in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.25. Dimerco Data System's value of 54.65% is 169.9% above this benchmark. Historically, Dimerco Data System's own ROC (Joel Greenblatt) % has ranged from 23.15 to 88.76 over the past decade. While the company's 10-year median is 39.72 vs. the industry median of 20.25, Dimerco Data System 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.25, based on 2,817 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. Dimerco Data System's current ROC (Joel Greenblatt) % of 54.65% is 169.9% 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 Dimerco Data System and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dimerco Data System's current ROC (Joel Greenblatt) % is 54.65%, which is 38% above median its own 10-year median of 39.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dimerco Data System stock overvalued right now?
Based on GuruFocus' analysis, Dimerco Data System (ROCO:5403) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$132.11, compared to a current price of NT$93.50 — trading 29.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 54.65%, which is 38% above median its 10-year median of 39.72 and 169.9% above the Software industry median of 20.25. Dimerco Data System's overall GF Score™ is 94/100 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 Dimerco Data System (ROCO:5403), the current ROC (Joel Greenblatt) % is 54.65% 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 Dimerco Data System (ROCO:5403) Overvalued in 2026?

Based on GuruFocus' analysis, Dimerco Data System stock appears to be undervalued. The current stock price of NT$93.50 is trading 29.2% below its estimated GF Value™ of NT$132.11. GuruFocus considers Dimerco Data System to be Modestly Undervalued.

Key valuation signals for ROCO:5403:

  • ROC (Joel Greenblatt) %: 54.65% (38% above median its 10-year median of 39.72)
  • GF Value™: NT$132.11 vs. price of NT$93.50 (29.2% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 169.9% above the Software median (#900 of 2817)

No single metric tells the full story. See the ROCO:5403 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dimerco Data System Business Description

Address No. 151, Xingai Road, 8th Floor, Neihu District, Taipei, TWN
Dimerco Data System Corp is mainly engaged in the design, development, and sales of various computer software, the agency and sales of computer hardware equipment, computer data processing services, computer information consulting business and computer leasing, etc. The company has three reporting segments, namely the hardware department, the software department, and other departments. The hardware department which generates key revenue, provides services for trading computer hardware equipment. The software department offers services such as enterprise software design and system maintenance.
94GF Score

Get the complete analysis for ROCO:5403

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

NT$93.50
Price
NT$132.11
GF Value