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Taiming Assurance Broker CoROCO:5878 +0.26%70 ROC (Joel Greenblatt) % is 67.09% as of Mar. 2026, which is 43% below its 10-year median of 118.64. GuruFocus rates ROCO:5878 with a GF Score™ of 70/100 and a GF Value™ of NT$50.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 64 Insurance companies, Taiming Assurance Broker Co ranks better than 56.25% 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. Taiming Assurance Broker Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.09%.
The historical rank and industry rank for Taiming Assurance Broker Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:5878'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 79.86 Med: 118.64 Max: 188.6
Current: 102.53
During the past 13 years, Taiming Assurance Broker Co's highest ROC (Joel Greenblatt) % was 188.60%. The lowest was 79.86%. And the median was 118.64%.
ROCO:5878's ROC (Joel Greenblatt) % is ranked better than 56.25% of 64
companies
in the Insurance industry
Industry Median: 77.205
vs ROCO:5878: 102.53
Taiming Assurance Broker Co (ROCO:5878) 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.
Taiming Assurance Broker Co ROC (Joel Greenblatt) % Chart
ROCO:5878 vs MRSH, AON, AJG: ROC (Joel Greenblatt) % Comparison
For the Insurance Brokers subindustry, Taiming Assurance Broker 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.
Taiming Assurance Broker Co ROC (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Taiming Assurance Broker Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taiming Assurance Broker Co's ROC (Joel Greenblatt) % falls into.
Taiming Assurance Broker 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 67.09% mean?
Taiming Assurance Broker Co (ROCO:5878) has a ROC (Joel Greenblatt) % of 67.09% 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 Taiming Assurance Broker Co and its competitors. This is 43% below median its historical median of 118.64. Over the past decade, Taiming Assurance Broker Co's ROC (Joel Greenblatt) % has ranged from 79.86 to 188.60. According to the industry distribution chart, Taiming Assurance Broker Co ranks #28 out of 64 companies in the Insurance industry, placing it in the top 43.7%.
Is Taiming Assurance Broker Co's ROC (Joel Greenblatt) % too high?
Taiming Assurance Broker Co's current ROC (Joel Greenblatt) % of 67.09% is 43% below median its 10-year median of 118.64. Over the past 10 years, this metric has ranged from a low of 79.86 to a high of 188.60. The Insurance industry median ROC (Joel Greenblatt) % is 77.21. Taiming Assurance Broker Co's value of 67.09% is 13.1% below this industry median. Based on the distribution chart, Taiming Assurance Broker Co ranks #28 out of 64 companies in the Insurance industry, which is above the industry midpoint. Overall, Taiming Assurance Broker Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiming Assurance Broker Co's ROC (Joel Greenblatt) % compare to MRSH and AON?
According to the Insurance industry distribution chart, Taiming Assurance Broker Co ranks #28 out of 64 companies for ROC (Joel Greenblatt) %. This puts Taiming Assurance Broker Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 77.21. Taiming Assurance Broker Co's value of 67.09% is 13.1% below this benchmark. Historically, Taiming Assurance Broker Co's own ROC (Joel Greenblatt) % has ranged from 79.86 to 188.60 over the past decade. While the company's 10-year median is 118.64 vs. the industry median of 77.21, Taiming Assurance Broker Co has consistently been below 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 an Insurance company?
The median ROC (Joel Greenblatt) % among Insurance companies is 77.21, based on 64 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. Taiming Assurance Broker Co's current ROC (Joel Greenblatt) % of 67.09% is 13.1% below 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 Taiming Assurance Broker Co and its competitors. For the Insurance industry, the median ROC (Joel Greenblatt) % is 77.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiming Assurance Broker Co's current ROC (Joel Greenblatt) % is 67.09%, which is 43% below median its own 10-year median of 118.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiming Assurance Broker Co stock overvalued right now?
Based on GuruFocus' analysis, Taiming Assurance Broker Co (ROCO:5878) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$50.93, compared to a current price of NT$38.60 — trading 24.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 67.09%, which is 43% below median its 10-year median of 118.64 and 13.1% below the Insurance industry median of 77.21. Taiming Assurance Broker Co's overall GF Score™ is 70/100 with 4 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 Taiming Assurance Broker Co (ROCO:5878), the current ROC (Joel Greenblatt) % is 67.09% 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 Taiming Assurance Broker Co (ROCO:5878) Overvalued in 2026?
Based on GuruFocus' analysis, Taiming Assurance Broker Co stock appears to be undervalued.
The current stock price of NT$38.60 is trading 24.2% below its estimated GF Value™ of NT$50.93.
GuruFocus considers Taiming Assurance Broker Co to be Modestly Undervalued.
Key valuation signals for ROCO:5878:
ROC (Joel Greenblatt) %: 67.09% (43% below median its 10-year median of 118.64)
GF Value™: NT$50.93 vs. price of NT$38.60 (24.2% below fair value)
Industry Position: 13.1% below the Insurance median (#28 of 64)
No single metric tells the full story. See the ROCO:5878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiming Assurance Broker Co Ltd is a Taiwan-based company engaged in life insurance and property insurance brokerage, and the insurance broker's professional liability insurance, insurance broker's guarantee insurance.
70GF Score
Get the complete analysis for ROCO:5878
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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