Solid Year Co (ROCO:6737) ROC (Joel Greenblatt) %: 4.12% (As of Dec. 2025) — 81% Below Median

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ROCO:6737 Solid Year Co Ltd ROCO:6737
76 GF Score
Price NT$30.05
GF Value NT$30.11
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Solid Year Co ROC (Joel Greenblatt) %?

Solid Year Co ROCO:6737 76 ROC (Joel Greenblatt) % is 4.12% as of Dec. 2025, which is 81% below its 10-year median of 21.41. GuruFocus rates ROCO:6737 with a GF Score™ of 76/100 and a GF Value™ of NT$30.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,492 Hardware companies, Solid Year Co ranks better than 59.31% 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. Solid Year Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.12%.

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

ROCO:6737' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.99   Med: 21.41   Max: 54.81
Current: 15.14

During the past 10 years, Solid Year Co's highest ROC (Joel Greenblatt) % was 54.81%. The lowest was 7.99%. And the median was 21.41%.

ROCO:6737's ROC (Joel Greenblatt) % is ranked better than
59.31% of 2492 companies
in the Hardware industry
Industry Median: 10.455 vs ROCO:6737: 15.14

Solid Year Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.70% per year.


Solid Year Co  (ROCO:6737) 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.


Solid Year Co ROC (Joel Greenblatt) % Related Terms


Solid Year Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solid Year 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.

Solid Year Co ROC (Joel Greenblatt) % Chart

Solid Year Co 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 26.30 21.03 16.98 38.02 15.11

Solid Year Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.36 35.53 38.70 25.70 4.12

ROCO:6737 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, Solid Year 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.


Solid Year Co ROC (Joel Greenblatt) % vs Hardware Industry

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

* The bar in red indicates where Solid Year Co's ROC (Joel Greenblatt) % falls into.


ROCO:6737
76GF Score
Solid Year Co Ltd ROCO:6737
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Year 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:

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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(571.102 + 423.306 + 88.94) - (525.552 + 0 + 94.396)
=463.4

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(606.841 + 393.604 + 94.608) - (598.096 + 0 + 98.37)
=398.587

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solid Year Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.154/( ( (926.513 + max(463.4, 0)) + (936.199 + max(398.587, 0)) )/ 2 )
=56.154/( ( 1389.913 + 1334.786 )/ 2 )
=56.154/1362.3495
=4.12 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 4.12% mean?
Solid Year Co (ROCO:6737) has a ROC (Joel Greenblatt) % of 4.12% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Solid Year Co and its competitors. This is 81% below median its historical median of 21.41. Over the past decade, Solid Year Co's ROC (Joel Greenblatt) % has ranged from 7.99 to 54.81. According to the industry distribution chart, Solid Year Co ranks #1014 out of 2492 companies in the Hardware industry, placing it in the top 40.7%.
Is Solid Year Co's ROC (Joel Greenblatt) % too high?
Solid Year Co's current ROC (Joel Greenblatt) % of 4.12% is 81% below median its 10-year median of 21.41. Over the past 10 years, this metric has ranged from a low of 7.99 to a high of 54.81. The Hardware industry median ROC (Joel Greenblatt) % is 10.46. Solid Year Co's value of 4.12% is 60.6% below this industry median. Based on the distribution chart, Solid Year Co ranks #1014 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid Year Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Year Co's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Solid Year Co ranks #1014 out of 2492 companies for ROC (Joel Greenblatt) %. This puts Solid Year Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.46. Solid Year Co's value of 4.12% is 60.6% below this benchmark. Historically, Solid Year Co's own ROC (Joel Greenblatt) % has ranged from 7.99 to 54.81 over the past decade. While the company's 10-year median is 21.41 vs. the industry median of 10.46, Solid Year Co has consistently been below 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 10.46, based on 2,492 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. Solid Year Co's current ROC (Joel Greenblatt) % of 4.12% is 60.6% below 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 Solid Year Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Year Co's current ROC (Joel Greenblatt) % is 4.12%, which is 81% below median its own 10-year median of 21.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Year Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Year Co (ROCO:6737) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.11, compared to a current price of NT$30.05 — trading 0.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.12%, which is 81% below median its 10-year median of 21.41 and 60.6% below the Hardware industry median of 10.46. Solid Year Co's overall GF Score™ is 76/100 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 Solid Year Co (ROCO:6737), the current ROC (Joel Greenblatt) % is 4.12% as of Dec. 2025. 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 Solid Year Co (ROCO:6737) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Year Co stock appears to be undervalued. The current stock price of NT$30.05 is trading 0.2% below its estimated GF Value™ of NT$30.11. GuruFocus considers Solid Year Co to be Fairly Valued.

Key valuation signals for ROCO:6737:

  • ROC (Joel Greenblatt) %: 4.12% (81% below median its 10-year median of 21.41)
  • GF Value™: NT$30.11 vs. price of NT$30.05 (0.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 60.6% below the Hardware median (#1014 of 2492)

No single metric tells the full story. See the ROCO:6737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Year Co Business Description

Address Xintai 5th Road, 18th Floor - 11, No. 97, Section 1, Xizhi District, New Taipei City, TWN
Solid Year Co Ltd is engaged in the manufacturing, import, and export of various electronic components and computer peripheral equipment. The company's reportable segments are the Manufacturing Service Department and Other departments. The majority of its revenue is generated from the Manufacturing Service Department, which manufactures and sells products like keyboards, network cameras, camera modules, driving recorders, hunting machines, projectors, game controllers, automotive electronics, and in-car multimedia, among others.
76GF Score

Get the complete analysis for ROCO:6737

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

NT$30.05
Price
NT$30.11
GF Value