Planet Technology (ROCO:6263) ROC (Joel Greenblatt) %: 352.75% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6263 Planet Technology Corp ROCO:6263
86 GF Score
Price NT$157.00
GF Value NT$144.61
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Planet Technology ROC (Joel Greenblatt) %?

Planet Technology ROCO:6263 +1.95% 86 ROC (Joel Greenblatt) % is 352.75% as of Mar. 2026, which is 4% above its 10-year median of 338.45. GuruFocus rates ROCO:6263 with a GF Score™ of 86/100 and a GF Value™ of NT$144.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,492 Hardware companies, Planet Technology ranks better than 98.76% 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. Planet Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 352.75%.

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

ROCO:6263' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 247.81   Med: 338.45   Max: 818.32
Current: 414.83

During the past 13 years, Planet Technology's highest ROC (Joel Greenblatt) % was 818.32%. The lowest was 247.81%. And the median was 338.45%.

ROCO:6263's ROC (Joel Greenblatt) % is ranked better than
98.76% of 2492 companies
in the Hardware industry
Industry Median: 10.35 vs ROCO:6263: 414.83

Planet Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.20% per year.


Planet Technology  (ROCO:6263) 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.


Planet Technology ROC (Joel Greenblatt) % Related Terms


Planet Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Planet Technology'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.

Planet Technology ROC (Joel Greenblatt) % Chart

Planet Technology 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 376.22 818.32 509.81 340.35 336.54

Planet Technology 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 410.35 483.65 414.91 421.71 352.75

ROCO:6263 vs CSCO, MSI, HPE: ROC (Joel Greenblatt) % Comparison

For the Communication Equipment subindustry, Planet Technology'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.


Planet Technology ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Planet Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:6263
86GF Score
Planet Technology Corp ROCO:6263
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Technology 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)
=(146.249 + 262.548 + 7.5389999999998) - (315.009 + 0 + 31.303)
=70.024

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.539 + 298.915 + 11.17) - (354.638 + 0 + 38.009)
=62.977

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Planet Technology 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 )
=634.956/( ( (117.924 + max(70.024, 0)) + (109.076 + max(62.977, 0)) )/ 2 )
=634.956/( ( 187.948 + 172.053 )/ 2 )
=634.956/180.0005
=352.75 %

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 352.75% mean?
Planet Technology (ROCO:6263) has a ROC (Joel Greenblatt) % of 352.75% 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 Planet Technology and its competitors. This is near median its historical median of 338.45. Over the past decade, Planet Technology's ROC (Joel Greenblatt) % has ranged from 247.81 to 818.32. According to the industry distribution chart, Planet Technology ranks #31 out of 2492 companies in the Hardware industry, placing it in the top 1.2%.
Is Planet Technology's ROC (Joel Greenblatt) % too high?
Planet Technology's current ROC (Joel Greenblatt) % of 352.75% is near median its 10-year median of 338.45. Over the past 10 years, this metric has ranged from a low of 247.81 to a high of 818.32. The Hardware industry median ROC (Joel Greenblatt) % is 10.35. Planet Technology's value of 352.75% is 3308.2% above this industry median. Based on the distribution chart, Planet Technology ranks #31 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Planet Technology has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Planet Technology's ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Planet Technology ranks #31 out of 2492 companies for ROC (Joel Greenblatt) %. This places Planet Technology in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.35. Planet Technology's value of 352.75% is 3308.2% above this benchmark. Historically, Planet Technology's own ROC (Joel Greenblatt) % has ranged from 247.81 to 818.32 over the past decade. While the company's 10-year median is 338.45 vs. the industry median of 10.35, Planet Technology 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.35, based on 2,492 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. Planet Technology's current ROC (Joel Greenblatt) % of 352.75% is 3308.2% 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 Planet Technology and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Technology's current ROC (Joel Greenblatt) % is 352.75%, which is near median its own 10-year median of 338.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Technology stock overvalued right now?
Based on GuruFocus' analysis, Planet Technology (ROCO:6263) is currently considered Fairly Valued. The stock's GF Value™ is NT$144.61, compared to a current price of NT$157.00 — trading 8.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 352.75%, which is near median its 10-year median of 338.45 and 3308.2% above the Hardware industry median of 10.35. Planet Technology's overall GF Score™ is 86/100 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 Planet Technology (ROCO:6263), the current ROC (Joel Greenblatt) % is 352.75% 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 Planet Technology (ROCO:6263) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Technology stock appears to be overvalued. The current stock price of NT$157.00 is trading 8.6% above its estimated GF Value™ of NT$144.61. GuruFocus considers Planet Technology to be Fairly Valued.

Key valuation signals for ROCO:6263:

  • ROC (Joel Greenblatt) %: 352.75% (near median its 10-year median of 338.45)
  • GF Value™: NT$144.61 vs. price of NT$157.00 (8.6% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 3308.2% above the Hardware median (#31 of 2492)

No single metric tells the full story. See the ROCO:6263 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Planet Technology Business Description

Address No. 96, Minquan Road, 8th Floor, Xindian District, New Taipei, TWN, 231
Planet Technology Corp is engaged in the business of import and export of computers and peripheral equipment, internet equipment and software, as well as research and development, manufacturing and trading. The Group focuses on the research, development, manufacturing, and sales of network equipment and peripheral equipment, and operates in only a single industry.
86GF Score

Get the complete analysis for ROCO:6263

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

NT$157.00
Price
NT$144.61
GF Value