Dimerco Express (ROCO:5609) ROC (Joel Greenblatt) %: 73.14% (As of Mar. 2026) — Near Median

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ROCO:5609 Dimerco Express Corp ROCO:5609
77 GF Score
Price NT$78.10
GF Value NT$78.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Dimerco Express ROC (Joel Greenblatt) %?

Dimerco Express ROCO:5609 77 ROC (Joel Greenblatt) % is 73.14% as of Mar. 2026, which is 5% below its 10-year median of 77.28. GuruFocus rates ROCO:5609 with a GF Score™ of 77/100 and a GF Value™ of NT$78.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 998 Transportation companies, Dimerco Express ranks better than 95.49% 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 Express's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 73.14%.

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

ROCO:5609' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.92   Med: 77.28   Max: 221.54
Current: 107.01

During the past 13 years, Dimerco Express's highest ROC (Joel Greenblatt) % was 221.54%. The lowest was 19.92%. And the median was 77.28%.

ROCO:5609's ROC (Joel Greenblatt) % is ranked better than
95.49% of 998 companies
in the Transportation industry
Industry Median: 11.68 vs ROCO:5609: 107.01

Dimerco Express's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.20% per year.


Dimerco Express  (ROCO:5609) 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 Express ROC (Joel Greenblatt) % Related Terms


Dimerco Express ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dimerco Express'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 Express ROC (Joel Greenblatt) % Chart

Dimerco Express 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 212.83 221.54 119.38 79.20 75.36

Dimerco Express 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 79.90 183.81 104.80 78.50 73.14

ROCO:5609 vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Dimerco Express'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 Express ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Dimerco Express's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:5609
77GF Score
Dimerco Express Corp ROCO:5609
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dimerco Express 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)
=(3409.977 + 0 + 179.232) - (2508.993 + 0 + 340.893)
=739.323

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3213.668 + 0 + 179.153) - (3135.372 + 0 + 341.161)
=-83.712

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dimerco Express 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 )
=1096.408/( ( (1129.983 + max(739.323, 0)) + (1128.854 + max(-83.712, 0)) )/ 2 )
=1096.408/( ( 1869.306 + 1128.854 )/ 2 )
=1096.408/1499.08
=73.14 %

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 73.14% mean?
Dimerco Express (ROCO:5609) has a ROC (Joel Greenblatt) % of 73.14% 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 Express and its competitors. This is near median its historical median of 77.28. Over the past decade, Dimerco Express' ROC (Joel Greenblatt) % has ranged from 19.92 to 221.54. According to the industry distribution chart, Dimerco Express ranks #45 out of 998 companies in the Transportation industry, placing it in the top 4.5%.
Is Dimerco Express' ROC (Joel Greenblatt) % too high?
Dimerco Express' current ROC (Joel Greenblatt) % of 73.14% is near median its 10-year median of 77.28. Over the past 10 years, this metric has ranged from a low of 19.92 to a high of 221.54. The Transportation industry median ROC (Joel Greenblatt) % is 11.68. Dimerco Express' value of 73.14% is 526.2% above this industry median. Based on the distribution chart, Dimerco Express ranks #45 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Dimerco Express has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dimerco Express' ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Dimerco Express ranks #45 out of 998 companies for ROC (Joel Greenblatt) %. This places Dimerco Express in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.68. Dimerco Express' value of 73.14% is 526.2% above this benchmark. Historically, Dimerco Express' own ROC (Joel Greenblatt) % has ranged from 19.92 to 221.54 over the past decade. While the company's 10-year median is 77.28 vs. the industry median of 11.68, Dimerco Express 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.68, based on 998 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 Express's current ROC (Joel Greenblatt) % of 73.14% is 526.2% 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 Express and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dimerco Express's current ROC (Joel Greenblatt) % is 73.14%, which is near median its own 10-year median of 77.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dimerco Express stock overvalued right now?
Based on GuruFocus' analysis, Dimerco Express (ROCO:5609) is currently considered Fairly Valued. The stock's GF Value™ is NT$78.90, compared to a current price of NT$78.10 — trading 1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 73.14%, which is near median its 10-year median of 77.28 and 526.2% above the Transportation industry median of 11.68. Dimerco Express' overall GF Score™ is 77/100 with 3 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 Express (ROCO:5609), the current ROC (Joel Greenblatt) % is 73.14% 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 Express (ROCO:5609) Overvalued in 2026?

Based on GuruFocus' analysis, Dimerco Express stock appears to be undervalued. The current stock price of NT$78.10 is trading 1% below its estimated GF Value™ of NT$78.90. GuruFocus considers Dimerco Express to be Fairly Valued.

Key valuation signals for ROCO:5609:

  • ROC (Joel Greenblatt) %: 73.14% (near median its 10-year median of 77.28)
  • GF Value™: NT$78.90 vs. price of NT$78.10 (1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 526.2% above the Transportation median (#45 of 998)

No single metric tells the full story. See the ROCO:5609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dimerco Express Business Description

Address No.160, Min Chuan East Road, Section 6, 11th and 12th Floor, Taipei, TWN
Dimerco Express Corp provides air freight forwarding, ocean freight forwarding, and customs brokerage services, and related investing activities. The segments of the company include the Asia department, the America department, and the Europe department. The majority of the company's revenue is derived from the Asia department segment.
77GF Score

Get the complete analysis for ROCO:5609

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

NT$78.10
Price
NT$78.90
GF Value