Kings Metal Fiber Technologies Co (ROCO:6832) ROC (Joel Greenblatt) %: 17.71% (As of Dec. 2025) — 38% Above Median

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ROCO:6832 Kings Metal Fiber Technologies Co Ltd ROCO:6832
80 GF Score
Price NT$67.40
GF Value NT$58.52
Valuation Modestly Overvalued
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What is Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) %?

Kings Metal Fiber Technologies Co ROCO:6832 +1.35% 80 ROC (Joel Greenblatt) % is 17.71% as of Dec. 2025, which is 38% above its 10-year median of 12.83. GuruFocus rates ROCO:6832 with a GF Score™ of 80/100 and a GF Value™ of NT$58.52 (Modestly Overvalued). Among 1,059 Manufacturing - Apparel & Accessories companies, Kings Metal Fiber Technologies Co ranks better than 70.07% 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. Kings Metal Fiber Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.71%.

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

ROCO:6832' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.17   Med: 12.83   Max: 17.32
Current: 16.02

During the past 8 years, Kings Metal Fiber Technologies Co's highest ROC (Joel Greenblatt) % was 17.32%. The lowest was 5.17%. And the median was 12.83%.

ROCO:6832's ROC (Joel Greenblatt) % is ranked better than
70.07% of 1059 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.55 vs ROCO:6832: 16.02

Kings Metal Fiber Technologies Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.20% per year.


Kings Metal Fiber Technologies Co  (ROCO:6832) 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.


Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) % Related Terms


Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kings Metal Fiber Technologies 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.

Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) % Chart

Kings Metal Fiber Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 10.97 13.03 17.29 17.32 15.76

Kings Metal Fiber Technologies Co Semi-Annual Data
Dec18 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 15.42 19.89 15.10 14.62 17.71

Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) % Competitor Comparison

For the Textile Manufacturing subindustry, Kings Metal Fiber Technologies 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.


Kings Metal Fiber Technologies Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kings Metal Fiber Technologies Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kings Metal Fiber Technologies Co's ROC (Joel Greenblatt) % falls into.


ROCO:6832
80GF Score
Kings Metal Fiber Technologies Co Ltd ROCO:6832
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kings Metal Fiber Technologies 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)
=(77.266 + 168.504 + 9.761) - (104.343 + 0 + 0.28799999999998)
=150.9

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.928 + 160.529 + 9.455) - (65.683 + 0 + 0.16499999999999)
=188.064

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kings Metal Fiber Technologies 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 )
=121.23/( ( (520.841 + max(150.9, 0)) + (509.366 + max(188.064, 0)) )/ 2 )
=121.23/( ( 671.741 + 697.43 )/ 2 )
=121.23/684.5855
=17.71 %

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 17.71% mean?
Kings Metal Fiber Technologies Co (ROCO:6832) has a ROC (Joel Greenblatt) % of 17.71% 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 Kings Metal Fiber Technologies Co and its competitors. This is 38% above median its historical median of 12.83. Over the past decade, Kings Metal Fiber Technologies Co's ROC (Joel Greenblatt) % has ranged from 5.17 to 17.32. According to the industry distribution chart, Kings Metal Fiber Technologies Co ranks #317 out of 1059 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.9%.
Is Kings Metal Fiber Technologies Co's ROC (Joel Greenblatt) % too high?
Kings Metal Fiber Technologies Co's current ROC (Joel Greenblatt) % of 17.71% is 38% above median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 17.32. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.55. Kings Metal Fiber Technologies Co's value of 17.71% is 107.1% above this industry median. Based on the distribution chart, Kings Metal Fiber Technologies Co ranks #317 out of 1059 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Kings Metal Fiber Technologies Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kings Metal Fiber Technologies Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kings Metal Fiber Technologies Co ranks #317 out of 1059 companies for ROC (Joel Greenblatt) %. This puts Kings Metal Fiber Technologies Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.55. Kings Metal Fiber Technologies Co's value of 17.71% is 107.1% above this benchmark. Historically, Kings Metal Fiber Technologies Co's own ROC (Joel Greenblatt) % has ranged from 5.17 to 17.32 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 8.55, Kings Metal Fiber Technologies 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.55, based on 1,059 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. Kings Metal Fiber Technologies Co's current ROC (Joel Greenblatt) % of 17.71% is 107.1% 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 Kings Metal Fiber Technologies Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kings Metal Fiber Technologies Co's current ROC (Joel Greenblatt) % is 17.71%, which is 38% above median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Metal Fiber Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Kings Metal Fiber Technologies Co (ROCO:6832) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.52, compared to a current price of NT$67.40 — trading 15.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.71%, which is 38% above median its 10-year median of 12.83 and 107.1% above the Manufacturing - Apparel & Accessories industry median of 8.55. Kings Metal Fiber Technologies Co's overall GF Score™ is 80/100. 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 Kings Metal Fiber Technologies Co (ROCO:6832), the current ROC (Joel Greenblatt) % is 17.71% 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 Kings Metal Fiber Technologies Co (ROCO:6832) Overvalued in 2026?

Based on GuruFocus' analysis, Kings Metal Fiber Technologies Co stock appears to be overvalued. The current stock price of NT$67.40 is trading 15.2% above its estimated GF Value™ of NT$58.52. GuruFocus considers Kings Metal Fiber Technologies Co to be Modestly Overvalued.

Key valuation signals for ROCO:6832:

  • ROC (Joel Greenblatt) %: 17.71% (38% above median its 10-year median of 12.83)
  • GF Value™: NT$58.52 vs. price of NT$67.40 (15.2% above fair value)
  • GF Score™: 80/100
  • Industry Position: 107.1% above the Manufacturing - Apparel & Accessories median (#317 of 1059)

No single metric tells the full story. See the ROCO:6832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kings Metal Fiber Technologies Co Business Description

Address Linsen N. Road, 8th Floor, No. 426, Zhongshan District, Taipei, TWN, 104
Kings Metal Fiber Technologies Co Ltd is engaged in the business of textiles. Its customer base ranges from glass manufacturing industries to smart clothing retail markets. By transforming stainless steel fibers into soft and smooth textile constructions, the company provides the ideal buffer material for contacting the hot surfaces of glass during its forming process.
80GF Score

Get the complete analysis for ROCO:6832

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

NT$67.40
Price
NT$58.52
GF Value