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Provision Information CoROCO:6590 +0.15%81 ROC (Joel Greenblatt) % is 29.93% as of Mar. 2026, which is 56% below its 10-year median of 67.84. GuruFocus rates ROCO:6590 with a GF Score™ of 81/100 and a GF Value™ of NT$75.51 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,815 Software companies, Provision Information Co ranks better than 59.75% 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. Provision Information Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.93%.
The historical rank and industry rank for Provision Information Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6590'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 39.58 Med: 67.84 Max: 360.68
Current: 45.74
During the past 13 years, Provision Information Co's highest ROC (Joel Greenblatt) % was 360.68%. The lowest was 39.58%. And the median was 67.84%.
ROCO:6590's ROC (Joel Greenblatt) % is ranked better than 59.75% of 2815
companies
in the Software industry
Industry Median: 19.63
vs ROCO:6590: 45.74
Provision Information Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -36.40% per year.
Provision Information Co (ROCO:6590) 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.
Provision Information Co ROC (Joel Greenblatt) % Related Terms
Provision Information Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Provision Information 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.
Provision Information Co ROC (Joel Greenblatt) % Chart
ROCO:6590 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Provision Information 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.
Provision Information Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Provision Information Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Provision Information Co's ROC (Joel Greenblatt) % falls into.
Provision Information 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 (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 29.93% mean?
Provision Information Co (ROCO:6590) has a ROC (Joel Greenblatt) % of 29.93% 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 Provision Information Co and its competitors. This is 56% below median its historical median of 67.84. Over the past decade, Provision Information Co's ROC (Joel Greenblatt) % has ranged from 39.58 to 360.68. According to the industry distribution chart, Provision Information Co ranks #1133 out of 2815 companies in the Software industry, placing it in the top 40.2%.
Is Provision Information Co's ROC (Joel Greenblatt) % too high?
Provision Information Co's current ROC (Joel Greenblatt) % of 29.93% is 56% below median its 10-year median of 67.84. Over the past 10 years, this metric has ranged from a low of 39.58 to a high of 360.68. The Software industry median ROC (Joel Greenblatt) % is 19.63. Provision Information Co's value of 29.93% is 52.5% above this industry median. Based on the distribution chart, Provision Information Co ranks #1133 out of 2815 companies in the Software industry, which is above the industry midpoint. Overall, Provision Information Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Provision Information Co's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Provision Information Co ranks #1133 out of 2815 companies for ROC (Joel Greenblatt) %. This puts Provision Information Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Provision Information Co's value of 29.93% is 52.5% above this benchmark. Historically, Provision Information Co's own ROC (Joel Greenblatt) % has ranged from 39.58 to 360.68 over the past decade. While the company's 10-year median is 67.84 vs. the industry median of 19.63, Provision Information 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.63, based on 2,815 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. Provision Information Co's current ROC (Joel Greenblatt) % of 29.93% is 52.5% 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 Provision Information Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Provision Information Co's current ROC (Joel Greenblatt) % is 29.93%, which is 56% below median its own 10-year median of 67.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provision Information Co stock overvalued right now?
Based on GuruFocus' analysis, Provision Information Co (ROCO:6590) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$75.51, compared to a current price of NT$65.30 — trading 13.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.93%, which is 56% below median its 10-year median of 67.84 and 52.5% above the Software industry median of 19.63. Provision Information Co's overall GF Score™ is 81/100 with 1 warning sign 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 Provision Information Co (ROCO:6590), the current ROC (Joel Greenblatt) % is 29.93% 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 Provision Information Co (ROCO:6590) Overvalued in 2026?
Based on GuruFocus' analysis, Provision Information Co stock appears to be undervalued.
The current stock price of NT$65.30 is trading 13.5% below its estimated GF Value™ of NT$75.51.
GuruFocus considers Provision Information Co to be Modestly Undervalued.
Key valuation signals for ROCO:6590:
ROC (Joel Greenblatt) %: 29.93% (56% below median its 10-year median of 67.84)
GF Value™: NT$75.51 vs. price of NT$65.30 (13.5% below fair value)
Industry Position: 52.5% above the Software median (#1133 of 2815)
No single metric tells the full story. See the ROCO:6590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Provision Information Co Ltd provides software application solutions. The company offers Payment solutions, Financial application solutions, Security solutions, and Outsourcing services. It provides platform such as Linux, Unix, Windows, AS/400, Mainframe to mainly financial industry clients.
81GF Score
Get the complete analysis for ROCO:6590
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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