Asia Metal Industries (ROCO:6727) ROC (Joel Greenblatt) %: 67.19% (As of Mar. 2026) — 72% Above Median

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ROCO:6727 Asia Metal Industries Inc ROCO:6727
67 GF Score
Price NT$395.00
GF Value NT$150.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asia Metal Industries ROC (Joel Greenblatt) %?

Asia Metal Industries ROCO:6727 +1.15% 67 ROC (Joel Greenblatt) % is 67.19% as of Mar. 2026, which is 72% above its 10-year median of 39.03. GuruFocus rates ROCO:6727 with a GF Score™ of 67/100 and a GF Value™ of NT$150.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,064 Industrial Products companies, Asia Metal Industries ranks better than 88.48% 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. Asia Metal Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.19%.

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

ROCO:6727' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.54   Med: 39.03   Max: 68.61
Current: 47.61

During the past 10 years, Asia Metal Industries's highest ROC (Joel Greenblatt) % was 68.61%. The lowest was 20.54%. And the median was 39.03%.

ROCO:6727's ROC (Joel Greenblatt) % is ranked better than
88.48% of 3064 companies
in the Industrial Products industry
Industry Median: 11.81 vs ROCO:6727: 47.61

Asia Metal Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.20% per year.


Asia Metal Industries  (ROCO:6727) 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.


Asia Metal Industries ROC (Joel Greenblatt) % Related Terms


Asia Metal Industries ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Asia Metal Industries'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.

Asia Metal Industries ROC (Joel Greenblatt) % Chart

Asia Metal Industries 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 53.32 60.83 22.86 28.92 39.77

Asia Metal Industries 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 29.39 22.01 42.21 56.66 67.19

ROCO:6727 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Asia Metal Industries'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.


Asia Metal Industries ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Metal Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Asia Metal Industries's ROC (Joel Greenblatt) % falls into.


ROCO:6727
67GF Score
Asia Metal Industries Inc ROCO:6727
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Metal Industries 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)
=(560.775 + 1523.341 + 168.046) - (763.142 + 0 + 1746.7)
=-257.68

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(868.88 + 1670.575 + 176.034) - (872.228 + 0 + 2340.949)
=-497.688

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Asia Metal Industries 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 )
=408.176/( ( (610.798 + max(-257.68, 0)) + (604.254 + max(-497.688, 0)) )/ 2 )
=408.176/( ( 610.798 + 604.254 )/ 2 )
=408.176/607.526
=67.19 %

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 67.19% mean?
Asia Metal Industries (ROCO:6727) has a ROC (Joel Greenblatt) % of 67.19% 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 Asia Metal Industries and its competitors. This is 72% above median its historical median of 39.03. Over the past decade, Asia Metal Industries' ROC (Joel Greenblatt) % has ranged from 20.54 to 68.61. According to the industry distribution chart, Asia Metal Industries ranks #353 out of 3064 companies in the Industrial Products industry, placing it in the top 11.5%.
Is Asia Metal Industries' ROC (Joel Greenblatt) % too high?
Asia Metal Industries' current ROC (Joel Greenblatt) % of 67.19% is 72% above median its 10-year median of 39.03. Over the past 10 years, this metric has ranged from a low of 20.54 to a high of 68.61. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. Asia Metal Industries' value of 67.19% is 468.9% above this industry median. Based on the distribution chart, Asia Metal Industries ranks #353 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Metal Industries has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Metal Industries' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Asia Metal Industries ranks #353 out of 3064 companies for ROC (Joel Greenblatt) %. This places Asia Metal Industries in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.81. Asia Metal Industries' value of 67.19% is 468.9% above this benchmark. Historically, Asia Metal Industries' own ROC (Joel Greenblatt) % has ranged from 20.54 to 68.61 over the past decade. While the company's 10-year median is 39.03 vs. the industry median of 11.81, Asia Metal Industries 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.81, based on 3,064 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. Asia Metal Industries's current ROC (Joel Greenblatt) % of 67.19% is 468.9% 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 Asia Metal Industries and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Metal Industries's current ROC (Joel Greenblatt) % is 67.19%, which is 72% above median its own 10-year median of 39.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Metal Industries stock overvalued right now?
Based on GuruFocus' analysis, Asia Metal Industries (ROCO:6727) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$150.46, compared to a current price of NT$395.00 — trading 162.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 67.19%, which is 72% above median its 10-year median of 39.03 and 468.9% above the Industrial Products industry median of 11.81. Asia Metal Industries' overall GF Score™ is 67/100 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 Asia Metal Industries (ROCO:6727), the current ROC (Joel Greenblatt) % is 67.19% 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 Asia Metal Industries (ROCO:6727) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Metal Industries stock appears to be overvalued. The current stock price of NT$395.00 is trading 162.5% above its estimated GF Value™ of NT$150.46. GuruFocus considers Asia Metal Industries to be Significantly Overvalued.

Key valuation signals for ROCO:6727:

  • ROC (Joel Greenblatt) %: 67.19% (72% above median its 10-year median of 39.03)
  • GF Value™: NT$150.46 vs. price of NT$395.00 (162.5% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 468.9% above the Industrial Products median (#353 of 3064)

No single metric tells the full story. See the ROCO:6727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Metal Industries Business Description

Address Minfu Road, Yangmei District, Number 16, Lane 199, Sec. 2, Taoyuan, TWN, 32663
Asia Metal Industries Inc is a Taiwan-based company. Its main business is the design, manufacture, processing and trading of various metal machinery and parts; design, manufacturing, processing and trading of various molds; various tanks and related pipeline projects; design, manufacture, processing, maintenance and trading of automated machinery and equipment and parts; the design, manufacture, processing and trading of precision testing instruments and parts, as well as the import and export trading of the preceding products.
67GF Score

Get the complete analysis for ROCO:6727

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

NT$395.00
Price
NT$150.46
GF Value