AMIDA Technology (ROCO:6735) ROC (Joel Greenblatt) %: 11.69% (As of Mar. 2026) — 75% Below Median

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ROCO:6735 AMIDA Technology Inc ROCO:6735
88 GF Score
Price NT$62.20
GF Value NT$64.31
Valuation Fairly Valued
! 5 Warning Signs
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What is AMIDA Technology ROC (Joel Greenblatt) %?

AMIDA Technology ROCO:6735 +7.80% 88 ROC (Joel Greenblatt) % is 11.69% as of Mar. 2026, which is 75% below its 10-year median of 47.37. GuruFocus rates ROCO:6735 with a GF Score™ of 88/100 and a GF Value™ of NT$64.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, AMIDA Technology ranks worse than 55.21% 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. AMIDA Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.69%.

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

ROCO:6735' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.1   Med: 47.37   Max: 525.14
Current: 5.77

During the past 10 years, AMIDA Technology's highest ROC (Joel Greenblatt) % was 525.14%. The lowest was 3.10%. And the median was 47.37%.

ROCO:6735's ROC (Joel Greenblatt) % is ranked worse than
55.21% of 1027 companies
in the Semiconductors industry
Industry Median: 8.5 vs ROCO:6735: 5.77

AMIDA Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -45.10% per year.


AMIDA Technology  (ROCO:6735) 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.


AMIDA Technology ROC (Joel Greenblatt) % Related Terms


AMIDA Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AMIDA Technology'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.

AMIDA Technology ROC (Joel Greenblatt) % Chart

AMIDA Technology 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 45.73 26.39 3.51 17.06 3.10

AMIDA Technology 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 2.04 -25.45 3.42 30.64 11.69

ROCO:6735 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison

For the Semiconductor Equipment & Materials subindustry, AMIDA Technology'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.


AMIDA Technology ROC (Joel Greenblatt) % vs Semiconductors Industry

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

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


ROCO:6735
88GF Score
AMIDA Technology Inc ROCO:6735
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMIDA Technology 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)
=(124.255 + 170.485 + 7.58) - (64.041 + 0 + 33.779)
=204.5

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.064 + 164.555 + 8.9639999999999) - (70.142 + 0 + 97.296)
=120.145

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AMIDA Technology 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 )
=66.588/( ( (405.417 + max(204.5, 0)) + (409.431 + max(120.145, 0)) )/ 2 )
=66.588/( ( 609.917 + 529.576 )/ 2 )
=66.588/569.7465
=11.69 %

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 11.69% mean?
AMIDA Technology (ROCO:6735) has a ROC (Joel Greenblatt) % of 11.69% 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 AMIDA Technology and its competitors. This is 75% below median its historical median of 47.37. Over the past decade, AMIDA Technology's ROC (Joel Greenblatt) % has ranged from 3.10 to 525.14. According to the industry distribution chart, AMIDA Technology ranks #567 out of 1027 companies in the Semiconductors industry, placing it in the top 55.2%.
Is AMIDA Technology's ROC (Joel Greenblatt) % too high?
AMIDA Technology's current ROC (Joel Greenblatt) % of 11.69% is 75% below median its 10-year median of 47.37. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 525.14. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.50. AMIDA Technology's value of 11.69% is 37.5% above this industry median. Based on the distribution chart, AMIDA Technology ranks #567 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, AMIDA Technology has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AMIDA Technology's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, AMIDA Technology ranks #567 out of 1027 companies for ROC (Joel Greenblatt) %. This places AMIDA Technology in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.50. AMIDA Technology's value of 11.69% is 37.5% above this benchmark. Historically, AMIDA Technology's own ROC (Joel Greenblatt) % has ranged from 3.10 to 525.14 over the past decade. While the company's 10-year median is 47.37 vs. the industry median of 8.50, AMIDA Technology 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.50, based on 1,027 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. AMIDA Technology's current ROC (Joel Greenblatt) % of 11.69% is 37.5% 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 AMIDA Technology and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMIDA Technology's current ROC (Joel Greenblatt) % is 11.69%, which is 75% below median its own 10-year median of 47.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMIDA Technology stock overvalued right now?
Based on GuruFocus' analysis, AMIDA Technology (ROCO:6735) is currently considered Fairly Valued. The stock's GF Value™ is NT$64.31, compared to a current price of NT$62.20 — trading 3.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.69%, which is 75% below median its 10-year median of 47.37 and 37.5% above the Semiconductors industry median of 8.50. AMIDA Technology's overall GF Score™ is 88/100 with 5 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 AMIDA Technology (ROCO:6735), the current ROC (Joel Greenblatt) % is 11.69% 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 AMIDA Technology (ROCO:6735) Overvalued in 2026?

Based on GuruFocus' analysis, AMIDA Technology stock appears to be undervalued. The current stock price of NT$62.20 is trading 3.3% below its estimated GF Value™ of NT$64.31. GuruFocus considers AMIDA Technology to be Fairly Valued.

Key valuation signals for ROCO:6735:

  • ROC (Joel Greenblatt) %: 11.69% (75% below median its 10-year median of 47.37)
  • GF Value™: NT$64.31 vs. price of NT$62.20 (3.3% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 37.5% above the Semiconductors median (#567 of 1027)

No single metric tells the full story. See the ROCO:6735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AMIDA Technology Business Description

Address No. 268, Liancheng Road, 15th Floor, Zhonghe District, New Taipei, TWN, 235
AMIDA Technology Inc is a Taiwan based company engaged in the business of semiconductor test instruments. The products offered by the company include CMOS Image Sensor Solutions, Analog & Mixed-Signal Tester, AMIDA High Power 3600 Series Tester, and PCI Module.
88GF Score

Get the complete analysis for ROCO:6735

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

NT$62.20
Price
NT$64.31
GF Value