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Inpaq Technology CoROCO:6284 -3.81%75 ROC (Joel Greenblatt) % is 15.91% as of Dec. 2025, which is 2% above its 10-year median of 15.54. GuruFocus rates ROCO:6284 with a GF Score™ of 75/100 and a GF Value™ of NT$82.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Inpaq Technology Co ranks better than 59.61% 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. Inpaq Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.91%.
The historical rank and industry rank for Inpaq Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6284'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.76 Med: 15.54 Max: 23.41
Current: 15.22
During the past 13 years, Inpaq Technology Co's highest ROC (Joel Greenblatt) % was 23.41%. The lowest was 4.76%. And the median was 15.54%.
ROCO:6284's ROC (Joel Greenblatt) % is ranked better than 59.61% of 2491
companies
in the Hardware industry
Industry Median: 10.44
vs ROCO:6284: 15.22
Inpaq Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.80% per year.
Inpaq Technology Co (ROCO:6284) 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.
Inpaq Technology Co ROC (Joel Greenblatt) % Related Terms
Inpaq Technology Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Inpaq Technology 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.
ROCO:6284 vs APH, GLW: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Inpaq Technology 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.
Inpaq Technology Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Inpaq Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Inpaq Technology Co's ROC (Joel Greenblatt) % falls into.
Inpaq Technology 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 (Dec. 2025) 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 15.91% mean?
Inpaq Technology Co (ROCO:6284) has a ROC (Joel Greenblatt) % of 15.91% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Inpaq Technology Co and its competitors. This is near median its historical median of 15.54. Over the past decade, Inpaq Technology Co's ROC (Joel Greenblatt) % has ranged from 4.76 to 23.41. According to the industry distribution chart, Inpaq Technology Co ranks #1006 out of 2491 companies in the Hardware industry, placing it in the top 40.4%.
Is Inpaq Technology Co's ROC (Joel Greenblatt) % too high?
Inpaq Technology Co's current ROC (Joel Greenblatt) % of 15.91% is near median its 10-year median of 15.54. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 23.41. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Inpaq Technology Co's value of 15.91% is 52.4% above this industry median. Based on the distribution chart, Inpaq Technology Co ranks #1006 out of 2491 companies in the Hardware industry, which is above the industry midpoint. Overall, Inpaq Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inpaq Technology Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Inpaq Technology Co ranks #1006 out of 2491 companies for ROC (Joel Greenblatt) %. This puts Inpaq Technology Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Inpaq Technology Co's value of 15.91% is 52.4% above this benchmark. Historically, Inpaq Technology Co's own ROC (Joel Greenblatt) % has ranged from 4.76 to 23.41 over the past decade. While the company's 10-year median is 15.54 vs. the industry median of 10.44, Inpaq Technology 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,491 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. Inpaq Technology Co's current ROC (Joel Greenblatt) % of 15.91% is 52.4% 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 Inpaq Technology Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inpaq Technology Co's current ROC (Joel Greenblatt) % is 15.91%, which is near median its own 10-year median of 15.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Inpaq Technology Co (ROCO:6284) is currently considered Fairly Valued. The stock's GF Value™ is NT$82.42, compared to a current price of NT$78.20 — trading 5.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.91%, which is near median its 10-year median of 15.54 and 52.4% above the Hardware industry median of 10.44. Inpaq Technology Co's overall GF Score™ is 75/100 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 Inpaq Technology Co (ROCO:6284), the current ROC (Joel Greenblatt) % is 15.91% as of Dec. 2025. 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 Inpaq Technology Co (ROCO:6284) Overvalued in 2026?
Based on GuruFocus' analysis, Inpaq Technology Co stock appears to be undervalued.
The current stock price of NT$78.20 is trading 5.1% below its estimated GF Value™ of NT$82.42.
GuruFocus considers Inpaq Technology Co to be Fairly Valued.
Key valuation signals for ROCO:6284:
ROC (Joel Greenblatt) %: 15.91% (near median its 10-year median of 15.54)
GF Value™: NT$82.42 vs. price of NT$78.20 (5.1% below fair value)
Industry Position: 52.4% above the Hardware median (#1006 of 2491)
No single metric tells the full story. See the ROCO:6284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inpaq Technology Co Ltd is a Taiwan-based company that engages in research, development, manufacturing, and sales of integrated protection components, microwave composite miniature antennas and modules, and multilayer microwave communication components and their modules. The company group has two reportable segments: the high-frequency component segment and the passive component segment. The company generates the majority of the revenue generated by the high-frequency component segment from China. The high-frequency component segment of the company produces various communication device components mainly used in mobile phones, (GPS), wireless communication networks, and Bluetooth modules.
75GF Score
Get the complete analysis for ROCO:6284
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