Welldone Co (ROCO:6170) ROC (Joel Greenblatt) %: 141.92% (As of Mar. 2026) — 592% Above Median

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ROCO:6170 Welldone Co Ltd ROCO:6170
77 GF Score
Price NT$47.00
GF Value NT$56.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Welldone Co ROC (Joel Greenblatt) %?

Welldone Co ROCO:6170 -0.21% 77 ROC (Joel Greenblatt) % is 141.92% as of Mar. 2026, which is 592% above its 10-year median of 20.51. GuruFocus rates ROCO:6170 with a GF Score™ of 77/100 and a GF Value™ of NT$56.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, Welldone Co ranks better than 94.55% 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. Welldone Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 141.92%.

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

ROCO:6170' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.68   Med: 20.51   Max: 149.46
Current: 149.46

During the past 13 years, Welldone Co's highest ROC (Joel Greenblatt) % was 149.46%. The lowest was -2.68%. And the median was 20.51%.

ROCO:6170's ROC (Joel Greenblatt) % is ranked better than
94.55% of 367 companies
in the Telecommunication Services industry
Industry Median: 15.85 vs ROCO:6170: 149.46

Welldone Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 56.70% per year.


Welldone Co  (ROCO:6170) 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.


Welldone Co ROC (Joel Greenblatt) % Related Terms


Welldone Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Welldone Co'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.

Welldone Co ROC (Joel Greenblatt) % Chart

Welldone Co 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 21.55 32.29 67.39 111.00 145.97

Welldone Co 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 127.79 106.31 203.89 145.70 141.92

ROCO:6170 vs VZ, TMUS, T: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Welldone 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.


Welldone Co ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Welldone Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:6170
77GF Score
Welldone Co Ltd ROCO:6170
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Welldone 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:

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)
=(115.85 + 460.569 + 65.539) - (367.51 + 0 + 462.653)
=-188.205

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(123.804 + 363.777 + 48.179) - (800.032 + 0 + 1069.073)
=-1333.345

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Welldone Co 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 )
=554.732/( ( (391.982 + max(-188.205, 0)) + (389.768 + max(-1333.345, 0)) )/ 2 )
=554.732/( ( 391.982 + 389.768 )/ 2 )
=554.732/390.875
=141.92 %

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 141.92% mean?
Welldone Co (ROCO:6170) has a ROC (Joel Greenblatt) % of 141.92% 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 Welldone Co and its competitors. This is 592% above median its historical median of 20.51. According to the industry distribution chart, Welldone Co ranks #20 out of 367 companies in the Telecommunication Services industry, placing it in the top 5.4%.
Is Welldone Co's ROC (Joel Greenblatt) % too high?
Welldone Co's current ROC (Joel Greenblatt) % of 141.92% is 592% above median its 10-year median of 20.51. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 15.85. Welldone Co's value of 141.92% is 795.4% above this industry median. Based on the distribution chart, Welldone Co ranks #20 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Welldone Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Welldone Co's ROC (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Welldone Co ranks #20 out of 367 companies for ROC (Joel Greenblatt) %. This places Welldone Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 15.85. Welldone Co's value of 141.92% is 795.4% above this benchmark. While the company's 10-year median is 20.51 vs. the industry median of 15.85, Welldone 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 15.85, based on 367 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. Welldone Co's current ROC (Joel Greenblatt) % of 141.92% is 795.4% 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 Welldone Co and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welldone Co's current ROC (Joel Greenblatt) % is 141.92%, which is 592% above median its own 10-year median of 20.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welldone Co stock overvalued right now?
Based on GuruFocus' analysis, Welldone Co (ROCO:6170) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.71, compared to a current price of NT$47.00 — trading 17.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 141.92%, which is 592% above median its 10-year median of 20.51 and 795.4% above the Telecommunication Services industry median of 15.85. Welldone Co's 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 Welldone Co (ROCO:6170), the current ROC (Joel Greenblatt) % is 141.92% 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 Welldone Co (ROCO:6170) Overvalued in 2026?

Based on GuruFocus' analysis, Welldone Co stock appears to be undervalued. The current stock price of NT$47.00 is trading 17.1% below its estimated GF Value™ of NT$56.71. GuruFocus considers Welldone Co to be Modestly Undervalued.

Key valuation signals for ROCO:6170:

  • ROC (Joel Greenblatt) %: 141.92% (592% above median its 10-year median of 20.51)
  • GF Value™: NT$56.71 vs. price of NT$47.00 (17.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 795.4% above the Telecommunication Services median (#20 of 367)

No single metric tells the full story. See the ROCO:6170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welldone Co Business Description

Address No 181, Anmei Street, Neihu District, Taipei, TWN, 11484
Welldone Co Ltd is engaged in the selling and distribution of OK prepaid SIM cards, telecommunication, foreign worker agency services, and remittance services for foreign workers.
77GF Score

Get the complete analysis for ROCO:6170

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

NT$47.00
Price
NT$56.71
GF Value