Qbic Technology Co (ROCO:6825) ROC (Joel Greenblatt) %: 38.84% (As of Dec. 2025) — 209% Above Median

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ROCO:6825 Qbic Technology Co Ltd ROCO:6825
92 GF Score
Price NT$43.00
GF Value NT$38.78
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Qbic Technology Co ROC (Joel Greenblatt) %?

Qbic Technology Co ROCO:6825 -2.27% 92 ROC (Joel Greenblatt) % is 38.84% as of Dec. 2025, which is 209% above its 10-year median of 12.55. GuruFocus rates ROCO:6825 with a GF Score™ of 92/100 and a GF Value™ of NT$38.78 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,492 Hardware companies, Qbic Technology Co ranks better than 76.32% 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. Qbic Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 38.84%.

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

ROCO:6825' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.83   Med: 12.55   Max: 62.66
Current: 28.64

During the past 8 years, Qbic Technology Co's highest ROC (Joel Greenblatt) % was 62.66%. The lowest was 6.83%. And the median was 12.55%.

ROCO:6825's ROC (Joel Greenblatt) % is ranked better than
76.32% of 2492 companies
in the Hardware industry
Industry Median: 10.46 vs ROCO:6825: 28.64

Qbic Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.60% per year.


Qbic Technology Co  (ROCO:6825) 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.


Qbic Technology Co ROC (Joel Greenblatt) % Related Terms


Qbic Technology Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Qbic Technology 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.

Qbic Technology Co ROC (Joel Greenblatt) % Chart

Qbic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 10.50 6.91 6.83 14.69 30.22

Qbic Technology Co Semi-Annual Data
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 29.44 5.33 30.11 16.66 38.84

ROCO:6825 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, Qbic Technology 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.


Qbic Technology Co ROC (Joel Greenblatt) % vs Hardware Industry

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

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


ROCO:6825
92GF Score
Qbic Technology Co Ltd ROCO:6825
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qbic Technology 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)
=(265.648 + 180.426 + 8.551) - (126.3 + 0 + 4.968)
=323.357

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.47 + 210.191 + 8.3200000000001) - (92.477 + 0 + 4.66)
=277.844

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Qbic Technology 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 )
=128.402/( ( (27.445 + max(323.357, 0)) + (32.526 + max(277.844, 0)) )/ 2 )
=128.402/( ( 350.802 + 310.37 )/ 2 )
=128.402/330.586
=38.84 %

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 38.84% mean?
Qbic Technology Co (ROCO:6825) has a ROC (Joel Greenblatt) % of 38.84% 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 Qbic Technology Co and its competitors. This is 209% above median its historical median of 12.55. Over the past decade, Qbic Technology Co's ROC (Joel Greenblatt) % has ranged from 6.83 to 62.66. According to the industry distribution chart, Qbic Technology Co ranks #590 out of 2492 companies in the Hardware industry, placing it in the top 23.7%.
Is Qbic Technology Co's ROC (Joel Greenblatt) % too high?
Qbic Technology Co's current ROC (Joel Greenblatt) % of 38.84% is 209% above median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 62.66. The Hardware industry median ROC (Joel Greenblatt) % is 10.46. Qbic Technology Co's value of 38.84% is 271.3% above this industry median. Based on the distribution chart, Qbic Technology Co ranks #590 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Qbic Technology Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qbic Technology Co's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Qbic Technology Co ranks #590 out of 2492 companies for ROC (Joel Greenblatt) %. This places Qbic Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.46. Qbic Technology Co's value of 38.84% is 271.3% above this benchmark. Historically, Qbic Technology Co's own ROC (Joel Greenblatt) % has ranged from 6.83 to 62.66 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 10.46, Qbic Technology Co 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 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. Qbic Technology Co's current ROC (Joel Greenblatt) % of 38.84% is 271.3% 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 Qbic Technology 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. Qbic Technology Co's current ROC (Joel Greenblatt) % is 38.84%, which is 209% above median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qbic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qbic Technology Co (ROCO:6825) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$38.78, compared to a current price of NT$43.00 — trading 10.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 38.84%, which is 209% above median its 10-year median of 12.55 and 271.3% above the Hardware industry median of 10.46. Qbic Technology Co's overall GF Score™ is 92/100 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 Qbic Technology Co (ROCO:6825), the current ROC (Joel Greenblatt) % is 38.84% 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 Qbic Technology Co (ROCO:6825) Overvalued in 2026?

Based on GuruFocus' analysis, Qbic Technology Co stock appears to be overvalued. The current stock price of NT$43.00 is trading 10.9% above its estimated GF Value™ of NT$38.78. GuruFocus considers Qbic Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:6825:

  • ROC (Joel Greenblatt) %: 38.84% (209% above median its 10-year median of 12.55)
  • GF Value™: NT$38.78 vs. price of NT$43.00 (10.9% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 271.3% above the Hardware median (#590 of 2492)

No single metric tells the full story. See the ROCO:6825 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qbic Technology Co Business Description

Address Xintai 5th Road, 26th Floor-12, No. 99, Section 1, Xizhi District, New Taipei City, TWN
Qbic Technology Co Ltd principally engaged in the sale of tablet computers, as well as the provision of related design and manufacturing services. The company has single segment. The group operating mainly in two geographical areas - domestic and the United States. The company's solutions include Office, Residential, Retail, Education, Hospitality.
92GF Score

Get the complete analysis for ROCO:6825

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

NT$43.00
Price
NT$38.78
GF Value