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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. Gallant Precision Machining Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.10%.
The historical rank and industry rank for Gallant Precision Machining Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:5443'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.21 Med: 30.23 Max: 39.47
Current: 31.23
During the past 13 years, Gallant Precision Machining Co's highest ROC (Joel Greenblatt) % was 39.47%. The lowest was 11.21%. And the median was 30.23%.
ROCO:5443's ROC (Joel Greenblatt) % is ranked better than 75.1% of 1028
companies
in the Semiconductors industry
Industry Median: 8.64
vs ROCO:5443: 31.23
Gallant Precision Machining Co (ROCO:5443) 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.
* 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.
Gallant Precision Machining Co ROC (Joel Greenblatt) % Chart
ROCO:5443 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, Gallant Precision Machining 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.
Gallant Precision Machining Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Gallant Precision Machining Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gallant Precision Machining Co's ROC (Joel Greenblatt) % falls into.
Gallant Precision Machining 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:
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 23.10% mean?
Gallant Precision Machining Co (ROCO:5443) has a ROC (Joel Greenblatt) % of 23.10% 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 Gallant Precision Machining Co and its competitors. This is 24% below median its historical median of 30.23. Over the past decade, Gallant Precision Machining Co's ROC (Joel Greenblatt) % has ranged from 11.21 to 39.47. According to the industry distribution chart, Gallant Precision Machining Co ranks #256 out of 1028 companies in the Semiconductors industry, placing it in the top 24.9%.
Is Gallant Precision Machining Co's ROC (Joel Greenblatt) % too high?
Gallant Precision Machining Co's current ROC (Joel Greenblatt) % of 23.10% is 24% below median its 10-year median of 30.23. Over the past 10 years, this metric has ranged from a low of 11.21 to a high of 39.47. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.64. Gallant Precision Machining Co's value of 23.10% is 167.4% above this industry median. Based on the distribution chart, Gallant Precision Machining Co ranks #256 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Gallant Precision Machining Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gallant Precision Machining Co's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Gallant Precision Machining Co ranks #256 out of 1028 companies for ROC (Joel Greenblatt) %. This places Gallant Precision Machining Co in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.64. Gallant Precision Machining Co's value of 23.10% is 167.4% above this benchmark. Historically, Gallant Precision Machining Co's own ROC (Joel Greenblatt) % has ranged from 11.21 to 39.47 over the past decade. While the company's 10-year median is 30.23 vs. the industry median of 8.64, Gallant Precision Machining 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.64, based on 1,028 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. Gallant Precision Machining Co's current ROC (Joel Greenblatt) % of 23.10% is 167.4% 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 Gallant Precision Machining Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gallant Precision Machining Co's current ROC (Joel Greenblatt) % is 23.10%, which is 24% below median its own 10-year median of 30.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gallant Precision Machining Co stock overvalued right now?
Based on GuruFocus' analysis, Gallant Precision Machining Co (ROCO:5443) is currently considered Fairly Valued. The stock's GF Value™ is NT$92.35, compared to a current price of NT$95.10 — trading 3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.10%, which is 24% below median its 10-year median of 30.23 and 167.4% above the Semiconductors industry median of 8.64. Gallant Precision Machining Co's overall GF Score™ is 74/100 with 7 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 Gallant Precision Machining Co (ROCO:5443), the current ROC (Joel Greenblatt) % is 23.10% 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 Gallant Precision Machining Co (ROCO:5443) Overvalued in 2026?
Based on GuruFocus' analysis, Gallant Precision Machining Co stock appears to be overvalued.
The current stock price of NT$95.10 is trading 3% above its estimated GF Value™ of NT$92.35.
GuruFocus considers Gallant Precision Machining Co to be Fairly Valued.
Key valuation signals for ROCO:5443:
ROC (Joel Greenblatt) %: 23.10% (24% below median its 10-year median of 30.23)
GF Value™: NT$92.35 vs. price of NT$95.10 (3% above fair value)
Industry Position: 167.4% above the Semiconductors median (#256 of 1028)
No single metric tells the full story. See the ROCO:5443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gallant Precision Machining Co Ltd is engaged in the design, manufacture, and sale of molds and machinery, metal parts and mold parts, stamping parts and die-cast parts, and automated manufacturing systems and their unit equipment. Geographically, it derives a majority of its revenue from Taiwan. The firm generates revenue from the sale of Display process equipment, Semiconductor process equipment, and Intelligent automated transportation equipment.
74GF Score
Get the complete analysis for ROCO:5443
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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