Acter Group (ROCO:5536) ROC (Joel Greenblatt) %: 851.49% (As of Mar. 2026) — 126% Above Median

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ROCO:5536 Acter Group Corp Ltd ROCO:5536
74 GF Score
Price NT$1,060.00
GF Value NT$551.95
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Acter Group ROC (Joel Greenblatt) %?

Acter Group ROCO:5536 -0.93% 74 ROC (Joel Greenblatt) % is 851.49% as of Mar. 2026, which is 126% above its 10-year median of 376.69. GuruFocus rates ROCO:5536 with a GF Score™ of 74/100 and a GF Value™ of NT$551.95 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,788 Construction companies, Acter Group ranks better than 97.6% 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. Acter Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 851.49%.

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

ROCO:5536' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 158.68   Med: 376.69   Max: 680.05
Current: 680.05

During the past 13 years, Acter Group's highest ROC (Joel Greenblatt) % was 680.05%. The lowest was 158.68%. And the median was 376.69%.

ROCO:5536's ROC (Joel Greenblatt) % is ranked better than
97.6% of 1788 companies
in the Construction industry
Industry Median: 19.52 vs ROCO:5536: 680.05

Acter Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.70% per year.


Acter Group  (ROCO:5536) 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.


Acter Group ROC (Joel Greenblatt) % Related Terms


Acter Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Acter Group'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.

Acter Group ROC (Joel Greenblatt) % Chart

Acter Group 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 339.11 430.29 386.37 496.63 564.91

Acter Group 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 443.20 600.51 663.55 591.57 851.49

ROCO:5536 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Acter Group'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.


Acter Group ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Acter Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:5536
74GF Score
Acter Group Corp Ltd ROCO:5536
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acter Group 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)
=(11088.768 + 976.648 + 1733.307) - (12397.73 + 0 + 7325.949)
=-5924.956

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13911.831 + 1087.833 + 2035.224) - (14443.703 + 0 + 8497.67)
=-5906.485

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Acter Group 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 )
=9502.276/( ( (1123.157 + max(-5924.956, 0)) + (1108.762 + max(-5906.485, 0)) )/ 2 )
=9502.276/( ( 1123.157 + 1108.762 )/ 2 )
=9502.276/1115.9595
=851.49 %

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 851.49% mean?
Acter Group (ROCO:5536) has a ROC (Joel Greenblatt) % of 851.49% 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 Acter Group and its competitors. This is 126% above median its historical median of 376.69. Over the past decade, Acter Group's ROC (Joel Greenblatt) % has ranged from 158.68 to 680.05. According to the industry distribution chart, Acter Group ranks #43 out of 1788 companies in the Construction industry, placing it in the top 2.4%.
Is Acter Group's ROC (Joel Greenblatt) % too high?
Acter Group's current ROC (Joel Greenblatt) % of 851.49% is 126% above median its 10-year median of 376.69. Over the past 10 years, this metric has ranged from a low of 158.68 to a high of 680.05. The Construction industry median ROC (Joel Greenblatt) % is 19.52. Acter Group's value of 851.49% is 4262.1% above this industry median. Based on the distribution chart, Acter Group ranks #43 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Acter Group has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acter Group's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Acter Group ranks #43 out of 1788 companies for ROC (Joel Greenblatt) %. This places Acter Group in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.52. Acter Group's value of 851.49% is 4262.1% above this benchmark. Historically, Acter Group's own ROC (Joel Greenblatt) % has ranged from 158.68 to 680.05 over the past decade. While the company's 10-year median is 376.69 vs. the industry median of 19.52, Acter Group 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.52, based on 1,788 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. Acter Group's current ROC (Joel Greenblatt) % of 851.49% is 4262.1% 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 Acter Group and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acter Group's current ROC (Joel Greenblatt) % is 851.49%, which is 126% above median its own 10-year median of 376.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acter Group stock overvalued right now?
Based on GuruFocus' analysis, Acter Group (ROCO:5536) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$551.95, compared to a current price of NT$1,060.00 — trading 92% above its estimated fair value. The current ROC (Joel Greenblatt) % is 851.49%, which is 126% above median its 10-year median of 376.69 and 4262.1% above the Construction industry median of 19.52. Acter Group's overall GF Score™ is 74/100 with 1 warning sign 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 Acter Group (ROCO:5536), the current ROC (Joel Greenblatt) % is 851.49% 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 Acter Group (ROCO:5536) Overvalued in 2026?

Based on GuruFocus' analysis, Acter Group stock appears to be overvalued. The current stock price of NT$1,060.00 is trading 92% above its estimated GF Value™ of NT$551.95. GuruFocus considers Acter Group to be Significantly Overvalued.

Key valuation signals for ROCO:5536:

  • ROC (Joel Greenblatt) %: 851.49% (126% above median its 10-year median of 376.69)
  • GF Value™: NT$551.95 vs. price of NT$1,060.00 (92% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 4262.1% above the Construction median (#43 of 1788)

No single metric tells the full story. See the ROCO:5536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acter Group Business Description

Address No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758
Acter Group Corp Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The group has three reportable segments: Taiwan, Mainland China, and other countries. The Taiwan segment provides engineering, maintenance, sales, and other services in the Taiwan area. The Mainland China segment provides engineering services and sales in Mainland China. The other segment provides engineering services in Vietnam, Singapore, Malaysia, and other countries.
74GF Score

Get the complete analysis for ROCO:5536

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

NT$1,060.00
Price
NT$551.95
GF Value