Acer Synergy Tech (ROCO:6751) ROC (Joel Greenblatt) %: 13.74% (As of Mar. 2026) — 64% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6751 Acer Synergy Tech Corp ROCO:6751
88 GF Score
Price NT$40.40
GF Value NT$56.16
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Acer Synergy Tech ROC (Joel Greenblatt) %?

Acer Synergy Tech ROCO:6751 +2.15% 88 ROC (Joel Greenblatt) % is 13.74% as of Mar. 2026, which is 64% below its 10-year median of 38.38. GuruFocus rates ROCO:6751 with a GF Score™ of 88/100 and a GF Value™ of NT$56.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,819 Software companies, Acer Synergy Tech ranks better than 64.88% 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. Acer Synergy Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.74%.

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

ROCO:6751' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.1   Med: 38.38   Max: 3625.16
Current: 62.83

During the past 9 years, Acer Synergy Tech's highest ROC (Joel Greenblatt) % was 3625.16%. The lowest was 16.10%. And the median was 38.38%.

ROCO:6751's ROC (Joel Greenblatt) % is ranked better than
64.88% of 2819 companies
in the Software industry
Industry Median: 19.59 vs ROCO:6751: 62.83

Acer Synergy Tech's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.80% per year.


Acer Synergy Tech  (ROCO:6751) 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.


Acer Synergy Tech ROC (Joel Greenblatt) % Related Terms


Acer Synergy Tech ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Acer Synergy Tech'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.

Acer Synergy Tech ROC (Joel Greenblatt) % Chart

Acer Synergy Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 28.52 48.09 60.00 16.10 63.79

Acer Synergy Tech 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 28.72 76.27 178.60 4.26 13.74

ROCO:6751 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Acer Synergy Tech'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.


Acer Synergy Tech ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Acer Synergy Tech's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Acer Synergy Tech's ROC (Joel Greenblatt) % falls into.


ROCO:6751
88GF Score
Acer Synergy Tech Corp ROCO:6751
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acer Synergy Tech 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)
=(428.227 + 11.204 + 16.272) - (276.874 + 0 + 28.918)
=149.911

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(498.912 + 13.877 + 18.149) - (406.215 + 0 + 27.56)
=97.163

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Acer Synergy Tech 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 )
=41.316/( ( (171.569 + max(149.911, 0)) + (182.866 + max(97.163, 0)) )/ 2 )
=41.316/( ( 321.48 + 280.029 )/ 2 )
=41.316/300.7545
=13.74 %

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 13.74% mean?
Acer Synergy Tech (ROCO:6751) has a ROC (Joel Greenblatt) % of 13.74% 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 Acer Synergy Tech and its competitors. This is 64% below median its historical median of 38.38. Over the past decade, Acer Synergy Tech's ROC (Joel Greenblatt) % has ranged from 16.10 to 3,625.16. According to the industry distribution chart, Acer Synergy Tech ranks #990 out of 2819 companies in the Software industry, placing it in the top 35.1%.
Is Acer Synergy Tech's ROC (Joel Greenblatt) % too high?
Acer Synergy Tech's current ROC (Joel Greenblatt) % of 13.74% is 64% below median its 10-year median of 38.38. Over the past 10 years, this metric has ranged from a low of 16.10 to a high of 3,625.16. The Software industry median ROC (Joel Greenblatt) % is 19.59. Acer Synergy Tech's value of 13.74% is 29.9% below this industry median. Based on the distribution chart, Acer Synergy Tech ranks #990 out of 2819 companies in the Software industry, which is above the industry midpoint. Overall, Acer Synergy Tech has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Acer Synergy Tech's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Acer Synergy Tech ranks #990 out of 2819 companies for ROC (Joel Greenblatt) %. This puts Acer Synergy Tech in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.59. Acer Synergy Tech's value of 13.74% is 29.9% below this benchmark. Historically, Acer Synergy Tech's own ROC (Joel Greenblatt) % has ranged from 16.10 to 3,625.16 over the past decade. While the company's 10-year median is 38.38 vs. the industry median of 19.59, Acer Synergy Tech 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. Acer Synergy Tech's current ROC (Joel Greenblatt) % of 13.74% is 29.9% 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 Acer Synergy Tech and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer Synergy Tech's current ROC (Joel Greenblatt) % is 13.74%, which is 64% below median its own 10-year median of 38.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer Synergy Tech stock overvalued right now?
Based on GuruFocus' analysis, Acer Synergy Tech (ROCO:6751) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.16, compared to a current price of NT$40.40 — trading 28.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.74%, which is 64% below median its 10-year median of 38.38 and 29.9% below the Software industry median of 19.59. Acer Synergy Tech'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 Acer Synergy Tech (ROCO:6751), the current ROC (Joel Greenblatt) % is 13.74% 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 Acer Synergy Tech (ROCO:6751) Overvalued in 2026?

Based on GuruFocus' analysis, Acer Synergy Tech stock appears to be undervalued. The current stock price of NT$40.40 is trading 28.1% below its estimated GF Value™ of NT$56.16. GuruFocus considers Acer Synergy Tech to be Modestly Undervalued.

Key valuation signals for ROCO:6751:

  • ROC (Joel Greenblatt) %: 13.74% (64% below median its 10-year median of 38.38)
  • GF Value™: NT$56.16 vs. price of NT$40.40 (28.1% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 29.9% below the Software median (#990 of 2819)

No single metric tells the full story. See the ROCO:6751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acer Synergy Tech Business Description

Address No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302
Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.
88GF Score

Get the complete analysis for ROCO:6751

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

NT$40.40
Price
NT$56.16
GF Value