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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 E-Enabling Service Bussiness's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 56.88%.
The historical rank and industry rank for Acer E-Enabling Service Bussiness's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6811'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 41.92 Med: 1902.96 Max: 5092.08
Current: 44.29
During the past 9 years, Acer E-Enabling Service Bussiness's highest ROC (Joel Greenblatt) % was 5092.08%. The lowest was 41.92%. And the median was 1902.96%.
ROCO:6811's ROC (Joel Greenblatt) % is ranked better than 59.27% of 2821
companies
in the Software industry
Industry Median: 20.73
vs ROCO:6811: 44.29
Acer E-Enabling Service Bussiness (ROCO:6811) 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.
* 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 E-Enabling Service Bussiness ROC (Joel Greenblatt) % Chart
ROCO:6811 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Acer E-Enabling Service Bussiness'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 E-Enabling Service Bussiness ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Acer E-Enabling Service Bussiness's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Acer E-Enabling Service Bussiness's ROC (Joel Greenblatt) % falls into.
Acer E-Enabling Service Bussiness 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 56.88% mean?
Acer E-Enabling Service Bussiness (ROCO:6811) has a ROC (Joel Greenblatt) % of 56.88% 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 E-Enabling Service Bussiness and its competitors. This is 97% below median its historical median of 1,902.96. Over the past decade, Acer E-Enabling Service Bussiness' ROC (Joel Greenblatt) % has ranged from 41.92 to 5,092.08. According to the industry distribution chart, Acer E-Enabling Service Bussiness ranks #1149 out of 2821 companies in the Software industry, placing it in the top 40.7%.
Is Acer E-Enabling Service Bussiness' ROC (Joel Greenblatt) % too high?
Acer E-Enabling Service Bussiness' current ROC (Joel Greenblatt) % of 56.88% is 97% below median its 10-year median of 1,902.96. Over the past 10 years, this metric has ranged from a low of 41.92 to a high of 5,092.08. The Software industry median ROC (Joel Greenblatt) % is 20.73. Acer E-Enabling Service Bussiness' value of 56.88% is 174.4% above this industry median. Based on the distribution chart, Acer E-Enabling Service Bussiness ranks #1149 out of 2821 companies in the Software industry, which is above the industry midpoint. Overall, Acer E-Enabling Service Bussiness has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Acer E-Enabling Service Bussiness' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Acer E-Enabling Service Bussiness ranks #1149 out of 2821 companies for ROC (Joel Greenblatt) %. This puts Acer E-Enabling Service Bussiness in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.73. Acer E-Enabling Service Bussiness' value of 56.88% is 174.4% above this benchmark. Historically, Acer E-Enabling Service Bussiness' own ROC (Joel Greenblatt) % has ranged from 41.92 to 5,092.08 over the past decade. While the company's 10-year median is 1,902.96 vs. the industry median of 20.73, Acer E-Enabling Service Bussiness 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 20.73, based on 2,821 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 E-Enabling Service Bussiness's current ROC (Joel Greenblatt) % of 56.88% is 174.4% 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 Acer E-Enabling Service Bussiness and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acer E-Enabling Service Bussiness's current ROC (Joel Greenblatt) % is 56.88%, which is 97% below median its own 10-year median of 1,902.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acer E-Enabling Service Bussiness stock overvalued right now?
Based on GuruFocus' analysis, Acer E-Enabling Service Bussiness (ROCO:6811) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$326.54, compared to a current price of NT$236.00 — trading 27.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 56.88%, which is 97% below median its 10-year median of 1,902.96 and 174.4% above the Software industry median of 20.73. Acer E-Enabling Service Bussiness' overall GF Score™ is 95/100 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 Acer E-Enabling Service Bussiness (ROCO:6811), the current ROC (Joel Greenblatt) % is 56.88% 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 E-Enabling Service Bussiness (ROCO:6811) Overvalued in 2026?
Based on GuruFocus' analysis, Acer E-Enabling Service Bussiness stock appears to be undervalued.
The current stock price of NT$236.00 is trading 27.7% below its estimated GF Value™ of NT$326.54.
GuruFocus considers Acer E-Enabling Service Bussiness to be Modestly Undervalued.
Key valuation signals for ROCO:6811:
ROC (Joel Greenblatt) %: 56.88% (97% below median its 10-year median of 1,902.96)
GF Value™: NT$326.54 vs. price of NT$236.00 (27.7% below fair value)
Industry Position: 174.4% above the Software median (#1149 of 2821)
No single metric tells the full story. See the ROCO:6811 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acer E-Enabling Service Bussiness Inc is engaged in the business of providing information technology services. The company provides cloud security maintenance platforms, creative cloud platforms, 3D designing platforms, visitor management systems, cloud-based ticketing platforms, and supply chain cash flow platforms.
95GF Score
Get the complete analysis for ROCO:6811
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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