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Onyx HealthcareROCO:6569 +2.10%77 ROC (Joel Greenblatt) % is 32.25% as of Mar. 2026, which is 61% below its 10-year median of 82.61. GuruFocus rates ROCO:6569 with a GF Score™ of 77/100 and a GF Value™ of NT$129.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 666 Healthcare Providers & Services companies, Onyx Healthcare ranks better than 72.97% 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. Onyx Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.25%.
The historical rank and industry rank for Onyx Healthcare's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6569'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.03 Med: 82.61 Max: 169.27
Current: 29.9
During the past 13 years, Onyx Healthcare's highest ROC (Joel Greenblatt) % was 169.27%. The lowest was 21.03%. And the median was 82.61%.
ROCO:6569's ROC (Joel Greenblatt) % is ranked better than 72.97% of 666
companies
in the Healthcare Providers & Services industry
Industry Median: 12.485
vs ROCO:6569: 29.90
Onyx Healthcare's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -30.60% per year.
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.
Onyx Healthcare ROC (Joel Greenblatt) % Related Terms
Onyx Healthcare ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Onyx Healthcare'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:6569 vs VEEV, BTSG, HQY: ROC (Joel Greenblatt) % Comparison
For the Health Information Services subindustry, Onyx Healthcare'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.
Onyx Healthcare ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Onyx Healthcare's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Onyx Healthcare's ROC (Joel Greenblatt) % falls into.
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 32.25% mean?
Onyx Healthcare (ROCO:6569) has a ROC (Joel Greenblatt) % of 32.25% 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 Onyx Healthcare and its competitors. This is 61% below median its historical median of 82.61. Over the past decade, Onyx Healthcare's ROC (Joel Greenblatt) % has ranged from 21.03 to 169.27. According to the industry distribution chart, Onyx Healthcare ranks #180 out of 666 companies in the Healthcare Providers & Services industry, placing it in the top 27%.
Is Onyx Healthcare's ROC (Joel Greenblatt) % too high?
Onyx Healthcare's current ROC (Joel Greenblatt) % of 32.25% is 61% below median its 10-year median of 82.61. Over the past 10 years, this metric has ranged from a low of 21.03 to a high of 169.27. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.49. Onyx Healthcare's value of 32.25% is 158.3% above this industry median. Based on the distribution chart, Onyx Healthcare ranks #180 out of 666 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Onyx Healthcare has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onyx Healthcare's ROC (Joel Greenblatt) % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Onyx Healthcare ranks #180 out of 666 companies for ROC (Joel Greenblatt) %. This puts Onyx Healthcare in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.49. Onyx Healthcare's value of 32.25% is 158.3% above this benchmark. Historically, Onyx Healthcare's own ROC (Joel Greenblatt) % has ranged from 21.03 to 169.27 over the past decade. While the company's 10-year median is 82.61 vs. the industry median of 12.49, Onyx Healthcare 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.49, based on 666 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. Onyx Healthcare's current ROC (Joel Greenblatt) % of 32.25% is 158.3% 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 Onyx Healthcare and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onyx Healthcare's current ROC (Joel Greenblatt) % is 32.25%, which is 61% below median its own 10-year median of 82.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Onyx Healthcare (ROCO:6569) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$129.36, compared to a current price of NT$97.20 — trading 24.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 32.25%, which is 61% below median its 10-year median of 82.61 and 158.3% above the Healthcare Providers & Services industry median of 12.49. Onyx Healthcare's overall GF Score™ is 77/100 with 6 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 Onyx Healthcare (ROCO:6569), the current ROC (Joel Greenblatt) % is 32.25% 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 Onyx Healthcare (ROCO:6569) Overvalued in 2026?
Based on GuruFocus' analysis, Onyx Healthcare stock appears to be undervalued.
The current stock price of NT$97.20 is trading 24.9% below its estimated GF Value™ of NT$129.36.
GuruFocus considers Onyx Healthcare to be Modestly Undervalued.
Key valuation signals for ROCO:6569:
ROC (Joel Greenblatt) %: 32.25% (61% below median its 10-year median of 82.61)
GF Value™: NT$129.36 vs. price of NT$97.20 (24.9% below fair value)
Industry Position: 158.3% above the Healthcare Providers & Services median (#180 of 666)
No single metric tells the full story. See the ROCO:6569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onyx Healthcare Inc is engaged in designing, manufacturing, and trading of medical computers and peripherals. The company provides medical products such as AI Ready Medical PC and Tablet, Medical PC & Monitor for Digital OR (ACCEL), Telemedicine, Medical Cart Computer(Venus), Medical Power Panel PC (Mini Venus), Power Bank (UPower), Battery Management System (ORION), Mobile Medical Tablet (MD), Professional Medical All in One PC (ZEUS), etc. It operates in Taiwan, the United States, Europe, and Other countries and generates maximum revenue from Taiwan.
77GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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