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Best Precision Industrial CoROCO:6859 +0.50%84 ROC (Joel Greenblatt) % is 21.71% as of Mar. 2026, which is 34% above its 10-year median of 16.17. GuruFocus rates ROCO:6859 with a GF Score™ of 84/100 and a GF Value™ of NT$106.93 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,065 Industrial Products companies, Best Precision Industrial Co ranks worse than 53.87% 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. Best Precision Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.71%.
The historical rank and industry rank for Best Precision Industrial Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6859'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.19 Med: 16.17 Max: 30.73
Current: 10.19
During the past 7 years, Best Precision Industrial Co's highest ROC (Joel Greenblatt) % was 30.73%. The lowest was 10.19%. And the median was 16.17%.
ROCO:6859's ROC (Joel Greenblatt) % is ranked worse than 53.87% of 3065
companies
in the Industrial Products industry
Industry Median: 11.8
vs ROCO:6859: 10.19
Best Precision Industrial Co (ROCO:6859) 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.
Best Precision Industrial Co ROC (Joel Greenblatt) % Chart
ROCO:6859 vs CRS, ATI, MLI: ROC (Joel Greenblatt) % Comparison
For the Metal Fabrication subindustry, Best Precision Industrial 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.
Best Precision Industrial Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Best Precision Industrial Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Best Precision Industrial Co's ROC (Joel Greenblatt) % falls into.
Best Precision Industrial 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:
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 21.71% mean?
Best Precision Industrial Co (ROCO:6859) has a ROC (Joel Greenblatt) % of 21.71% 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 Best Precision Industrial Co and its competitors. This is 34% above median its historical median of 16.17. Over the past decade, Best Precision Industrial Co's ROC (Joel Greenblatt) % has ranged from 10.19 to 30.73. According to the industry distribution chart, Best Precision Industrial Co ranks #1651 out of 3065 companies in the Industrial Products industry, placing it in the top 53.9%.
Is Best Precision Industrial Co's ROC (Joel Greenblatt) % too high?
Best Precision Industrial Co's current ROC (Joel Greenblatt) % of 21.71% is 34% above median its 10-year median of 16.17. Over the past 10 years, this metric has ranged from a low of 10.19 to a high of 30.73. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.80. Best Precision Industrial Co's value of 21.71% is 84% above this industry median. Based on the distribution chart, Best Precision Industrial Co ranks #1651 out of 3065 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Best Precision Industrial Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Best Precision Industrial Co's ROC (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Best Precision Industrial Co ranks #1651 out of 3065 companies for ROC (Joel Greenblatt) %. This places Best Precision Industrial Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.80. Best Precision Industrial Co's value of 21.71% is 84% above this benchmark. Historically, Best Precision Industrial Co's own ROC (Joel Greenblatt) % has ranged from 10.19 to 30.73 over the past decade. While the company's 10-year median is 16.17 vs. the industry median of 11.80, Best Precision Industrial 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.80, based on 3,065 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. Best Precision Industrial Co's current ROC (Joel Greenblatt) % of 21.71% is 84% 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 Best Precision Industrial Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Precision Industrial Co's current ROC (Joel Greenblatt) % is 21.71%, which is 34% above median its own 10-year median of 16.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Precision Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Best Precision Industrial Co (ROCO:6859) is currently considered Fairly Valued. The stock's GF Value™ is NT$106.93, compared to a current price of NT$99.70 — trading 6.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.71%, which is 34% above median its 10-year median of 16.17 and 84% above the Industrial Products industry median of 11.80. Best Precision Industrial Co's overall GF Score™ is 84/100 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 Best Precision Industrial Co (ROCO:6859), the current ROC (Joel Greenblatt) % is 21.71% 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 Best Precision Industrial Co (ROCO:6859) Overvalued in 2026?
Based on GuruFocus' analysis, Best Precision Industrial Co stock appears to be undervalued.
The current stock price of NT$99.70 is trading 6.8% below its estimated GF Value™ of NT$106.93.
GuruFocus considers Best Precision Industrial Co to be Fairly Valued.
Key valuation signals for ROCO:6859:
ROC (Joel Greenblatt) %: 21.71% (34% above median its 10-year median of 16.17)
GF Value™: NT$106.93 vs. price of NT$99.70 (6.8% below fair value)
Industry Position: 84% above the Industrial Products median (#1651 of 3065)
No single metric tells the full story. See the ROCO:6859 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Best Precision Industrial Co Ltd manufactures and distributes high precision molds and components. The Group mainly provides services such as the manufacturing of molds for optical components and is mainly engaged in the design, manufacture, and sales of precision optical molds and components. Its main products include mobile phones, VR/AR/MR, vehicles, special applications (optical communication / medical, etc.), optical lens molds, and precision optical metal components processing. The Group's revenues mainly comprise the revenue from the sale of optical lens molds. It generates maximum revenue from China, followed by Taiwan and others.
84GF Score
Get the complete analysis for ROCO:6859
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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