Sporton International (ROCO:6146) ROC (Joel Greenblatt) %: 56.04% (As of Mar. 2026) — 20% Above Median

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ROCO:6146 Sporton International Inc ROCO:6146
84 GF Score
Price NT$194.00
GF Value NT$214.35
Valuation Fairly Valued
! 2 Warning Signs
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What is Sporton International ROC (Joel Greenblatt) %?

Sporton International ROCO:6146 +0.78% 84 ROC (Joel Greenblatt) % is 56.04% as of Mar. 2026, which is 20% above its 10-year median of 46.89. GuruFocus rates ROCO:6146 with a GF Score™ of 84/100 and a GF Value™ of NT$214.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, Sporton International ranks better than 68.83% 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. Sporton International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 56.04%.

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

ROCO:6146' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 34.82   Med: 46.89   Max: 77.54
Current: 49.1

During the past 13 years, Sporton International's highest ROC (Joel Greenblatt) % was 77.54%. The lowest was 34.82%. And the median was 46.89%.

ROCO:6146's ROC (Joel Greenblatt) % is ranked better than
68.83% of 1081 companies
in the Business Services industry
Industry Median: 22.08 vs ROCO:6146: 49.10

Sporton International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.50% per year.


Sporton International  (ROCO:6146) 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.


Sporton International ROC (Joel Greenblatt) % Related Terms


Sporton International ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sporton International'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.

Sporton International ROC (Joel Greenblatt) % Chart

Sporton International 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 51.94 77.54 69.03 58.10 47.41

Sporton International 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 49.93 46.17 48.33 46.57 56.04

ROCO:6146 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Sporton International'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.


Sporton International ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Sporton International's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:6146
84GF Score
Sporton International Inc ROCO:6146
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sporton International 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)
=(1960.862 + 54.514 + 106.825) - (1215.289 + 0 + 207.507)
=699.405

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1930.646 + 84.2 + 97.896000000001) - (1290.319 + 0 + 172.939)
=649.484

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sporton International 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 )
=1566.676/( ( (2140.606 + max(699.405, 0)) + (2101.932 + max(649.484, 0)) )/ 2 )
=1566.676/( ( 2840.011 + 2751.416 )/ 2 )
=1566.676/2795.7135
=56.04 %

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 56.04% mean?
Sporton International (ROCO:6146) has a ROC (Joel Greenblatt) % of 56.04% 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 Sporton International and its competitors. This is 20% above median its historical median of 46.89. Over the past decade, Sporton International's ROC (Joel Greenblatt) % has ranged from 34.82 to 77.54. According to the industry distribution chart, Sporton International ranks #337 out of 1081 companies in the Business Services industry, placing it in the top 31.2%.
Is Sporton International's ROC (Joel Greenblatt) % too high?
Sporton International's current ROC (Joel Greenblatt) % of 56.04% is 20% above median its 10-year median of 46.89. Over the past 10 years, this metric has ranged from a low of 34.82 to a high of 77.54. The Business Services industry median ROC (Joel Greenblatt) % is 22.08. Sporton International's value of 56.04% is 153.8% above this industry median. Based on the distribution chart, Sporton International ranks #337 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, Sporton International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sporton International's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Sporton International ranks #337 out of 1081 companies for ROC (Joel Greenblatt) %. This puts Sporton International in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 22.08. Sporton International's value of 56.04% is 153.8% above this benchmark. Historically, Sporton International's own ROC (Joel Greenblatt) % has ranged from 34.82 to 77.54 over the past decade. While the company's 10-year median is 46.89 vs. the industry median of 22.08, Sporton International 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 22.08, based on 1,081 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. Sporton International's current ROC (Joel Greenblatt) % of 56.04% is 153.8% 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 Sporton International and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 22.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sporton International's current ROC (Joel Greenblatt) % is 56.04%, which is 20% above median its own 10-year median of 46.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sporton International stock overvalued right now?
Based on GuruFocus' analysis, Sporton International (ROCO:6146) is currently considered Fairly Valued. The stock's GF Value™ is NT$214.35, compared to a current price of NT$194.00 — trading 9.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 56.04%, which is 20% above median its 10-year median of 46.89 and 153.8% above the Business Services industry median of 22.08. Sporton International's overall GF Score™ is 84/100 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 Sporton International (ROCO:6146), the current ROC (Joel Greenblatt) % is 56.04% 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 Sporton International (ROCO:6146) Overvalued in 2026?

Based on GuruFocus' analysis, Sporton International stock appears to be undervalued. The current stock price of NT$194.00 is trading 9.5% below its estimated GF Value™ of NT$214.35. GuruFocus considers Sporton International to be Fairly Valued.

Key valuation signals for ROCO:6146:

  • ROC (Joel Greenblatt) %: 56.04% (20% above median its 10-year median of 46.89)
  • GF Value™: NT$214.35 vs. price of NT$194.00 (9.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 153.8% above the Business Services median (#337 of 1081)

No single metric tells the full story. See the ROCO:6146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sporton International Business Description

Address No. 106, Sintai 5th Road, Section 1, 6th Floor, Sijhih District, New Taipei, TWN
Sporton International Inc provides professional EMC testing and certification services for electronics, electrical, communications, and radio products and devices, and sales of antimagnetic parts. Its reportable segments include the Components division and Testing certification and verification services. The majority of the company's revenue is derived from its Testing, certification, and verification services.
84GF Score

Get the complete analysis for ROCO:6146

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

NT$194.00
Price
NT$214.35
GF Value