Promate Solutions (ROCO:6577) ROC (Joel Greenblatt) %: 172.38% (As of Mar. 2026) — 107% Above Median

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ROCO:6577 Promate Solutions Corp ROCO:6577
89 GF Score
Price NT$80.70
GF Value NT$74.02
Valuation Fairly Valued
! 4 Warning Signs
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What is Promate Solutions ROC (Joel Greenblatt) %?

Promate Solutions ROCO:6577 89 ROC (Joel Greenblatt) % is 172.38% as of Mar. 2026, which is 107% above its 10-year median of 83.20. GuruFocus rates ROCO:6577 with a GF Score™ of 89/100 and a GF Value™ of NT$74.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,493 Hardware companies, Promate Solutions ranks better than 97.27% 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. Promate Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 172.38%.

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

ROCO:6577' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 52.18   Med: 83.2   Max: 183.58
Current: 183.58

During the past 12 years, Promate Solutions's highest ROC (Joel Greenblatt) % was 183.58%. The lowest was 52.18%. And the median was 83.20%.

ROCO:6577's ROC (Joel Greenblatt) % is ranked better than
97.27% of 2493 companies
in the Hardware industry
Industry Median: 11.26 vs ROCO:6577: 183.58

Promate Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.50% per year.


Promate Solutions  (ROCO:6577) 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.


Promate Solutions ROC (Joel Greenblatt) % Related Terms


Promate Solutions ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Promate Solutions'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.

Promate Solutions ROC (Joel Greenblatt) % Chart

Promate Solutions 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 55.60 95.12 108.78 138.26 141.60

Promate Solutions 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 192.97 109.22 230.30 185.80 172.38

ROCO:6577 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, Promate Solutions'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.


Promate Solutions ROC (Joel Greenblatt) % vs Hardware Industry

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

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


ROCO:6577
89GF Score
Promate Solutions Corp ROCO:6577
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promate Solutions 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)
=(359.493 + 455.34 + 9.375) - (368.553 + 0 + 228.58)
=227.075

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(337.813 + 533.654 + 8.1489999999999) - (500.792 + 0 + 224.915)
=153.909

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Promate Solutions 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 )
=498.888/( ( (96.124 + max(227.075, 0)) + (101.7 + max(153.909, 0)) )/ 2 )
=498.888/( ( 323.199 + 255.609 )/ 2 )
=498.888/289.404
=172.38 %

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 172.38% mean?
Promate Solutions (ROCO:6577) has a ROC (Joel Greenblatt) % of 172.38% 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 Promate Solutions and its competitors. This is 107% above median its historical median of 83.20. Over the past decade, Promate Solutions' ROC (Joel Greenblatt) % has ranged from 52.18 to 183.58. According to the industry distribution chart, Promate Solutions ranks #68 out of 2493 companies in the Hardware industry, placing it in the top 2.7%.
Is Promate Solutions' ROC (Joel Greenblatt) % too high?
Promate Solutions' current ROC (Joel Greenblatt) % of 172.38% is 107% above median its 10-year median of 83.20. Over the past 10 years, this metric has ranged from a low of 52.18 to a high of 183.58. The Hardware industry median ROC (Joel Greenblatt) % is 11.26. Promate Solutions' value of 172.38% is 1430.9% above this industry median. Based on the distribution chart, Promate Solutions ranks #68 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Promate Solutions has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promate Solutions' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Promate Solutions ranks #68 out of 2493 companies for ROC (Joel Greenblatt) %. This places Promate Solutions in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.26. Promate Solutions' value of 172.38% is 1430.9% above this benchmark. Historically, Promate Solutions' own ROC (Joel Greenblatt) % has ranged from 52.18 to 183.58 over the past decade. While the company's 10-year median is 83.20 vs. the industry median of 11.26, Promate Solutions 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 11.26, based on 2,493 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. Promate Solutions's current ROC (Joel Greenblatt) % of 172.38% is 1430.9% 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 Promate Solutions and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promate Solutions's current ROC (Joel Greenblatt) % is 172.38%, which is 107% above median its own 10-year median of 83.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promate Solutions stock overvalued right now?
Based on GuruFocus' analysis, Promate Solutions (ROCO:6577) is currently considered Fairly Valued. The stock's GF Value™ is NT$74.02, compared to a current price of NT$80.70 — trading 9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 172.38%, which is 107% above median its 10-year median of 83.20 and 1430.9% above the Hardware industry median of 11.26. Promate Solutions' overall GF Score™ is 89/100 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 Promate Solutions (ROCO:6577), the current ROC (Joel Greenblatt) % is 172.38% 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 Promate Solutions (ROCO:6577) Overvalued in 2026?

Based on GuruFocus' analysis, Promate Solutions stock appears to be overvalued. The current stock price of NT$80.70 is trading 9% above its estimated GF Value™ of NT$74.02. GuruFocus considers Promate Solutions to be Fairly Valued.

Key valuation signals for ROCO:6577:

  • ROC (Joel Greenblatt) %: 172.38% (107% above median its 10-year median of 83.20)
  • GF Value™: NT$74.02 vs. price of NT$80.70 (9% above fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 1430.9% above the Hardware median (#68 of 2493)

No single metric tells the full story. See the ROCO:6577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promate Solutions Business Description

Address Huanshan Road, 1st Floor, No. 30, Section 1, Neihu District, Taipei, TWN, 11442
Promate Solutions Corp is engaged in the research and development, and manufacture of medical touch screen displays, embedded control systems, special applications, and industrial displays, and research and development of application software and hardware.
89GF Score

Get the complete analysis for ROCO:6577

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

NT$80.70
Price
NT$74.02
GF Value