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Leo SystemsROCO:5410 -1.52%68 ROC (Joel Greenblatt) % is 187.17% as of Mar. 2026, which is 92% above its 10-year median of 97.56. GuruFocus rates ROCO:5410 with a GF Score™ of 68/100 and a GF Value™ of NT$31.75 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,493 Hardware companies, Leo Systems ranks better than 94.79% 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. Leo Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 187.17%.
The historical rank and industry rank for Leo Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:5410'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 59.9 Med: 97.56 Max: 139.92
Current: 107.05
During the past 13 years, Leo Systems's highest ROC (Joel Greenblatt) % was 139.92%. The lowest was 59.90%. And the median was 97.56%.
ROCO:5410's ROC (Joel Greenblatt) % is ranked better than 94.79% of 2493
companies
in the Hardware industry
Industry Median: 10.53
vs ROCO:5410: 107.05
Leo Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.90% per year.
Leo Systems (ROCO:5410) 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.
Leo Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Leo Systems'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:5410 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Leo Systems'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.
Leo Systems ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Leo Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Leo Systems'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 (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 187.17% mean?
Leo Systems (ROCO:5410) has a ROC (Joel Greenblatt) % of 187.17% 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 Leo Systems and its competitors. This is 92% above median its historical median of 97.56. Over the past decade, Leo Systems' ROC (Joel Greenblatt) % has ranged from 59.90 to 139.92. According to the industry distribution chart, Leo Systems ranks #130 out of 2493 companies in the Hardware industry, placing it in the top 5.2%.
Is Leo Systems' ROC (Joel Greenblatt) % too high?
Leo Systems' current ROC (Joel Greenblatt) % of 187.17% is 92% above median its 10-year median of 97.56. Over the past 10 years, this metric has ranged from a low of 59.90 to a high of 139.92. The Hardware industry median ROC (Joel Greenblatt) % is 10.53. Leo Systems' value of 187.17% is 1677.5% above this industry median. Based on the distribution chart, Leo Systems ranks #130 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Leo Systems has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leo Systems' ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Leo Systems ranks #130 out of 2493 companies for ROC (Joel Greenblatt) %. This places Leo Systems in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.53. Leo Systems' value of 187.17% is 1677.5% above this benchmark. Historically, Leo Systems' own ROC (Joel Greenblatt) % has ranged from 59.90 to 139.92 over the past decade. While the company's 10-year median is 97.56 vs. the industry median of 10.53, Leo Systems 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 10.53, based on 2,493 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. Leo Systems's current ROC (Joel Greenblatt) % of 187.17% is 1677.5% 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 Leo Systems and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Systems's current ROC (Joel Greenblatt) % is 187.17%, which is 92% above median its own 10-year median of 97.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Systems stock overvalued right now?
Based on GuruFocus' analysis, Leo Systems (ROCO:5410) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$31.75, compared to a current price of NT$35.70 — trading 12.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 187.17%, which is 92% above median its 10-year median of 97.56 and 1677.5% above the Hardware industry median of 10.53. Leo Systems' overall GF Score™ is 68/100 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 Leo Systems (ROCO:5410), the current ROC (Joel Greenblatt) % is 187.17% 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 Leo Systems (ROCO:5410) Overvalued in 2026?
Based on GuruFocus' analysis, Leo Systems stock appears to be overvalued.
The current stock price of NT$35.70 is trading 12.4% above its estimated GF Value™ of NT$31.75.
GuruFocus considers Leo Systems to be Modestly Overvalued.
Key valuation signals for ROCO:5410:
ROC (Joel Greenblatt) %: 187.17% (92% above median its 10-year median of 97.56)
GF Value™: NT$31.75 vs. price of NT$35.70 (12.4% above fair value)
Industry Position: 1677.5% above the Hardware median (#130 of 2493)
No single metric tells the full story. See the ROCO:5410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leo Systems Inc is mainly engaged in the sales of information software and hardware products, software planning and design, computer hardware maintenance services, and system integration. The company's ,main business and products includes Sales of personal computer, Innovation of technology application and creation of operation service, Information integration service, Design and planning of construction, Investment business. The company has single reportable segment. The company's operation were mainly located in Taiwan.
68GF Score
Get the complete analysis for ROCO:5410
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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