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Forcelead TechnologyROCO:6996 +2.01%51 ROC (Joel Greenblatt) % is 488.97% as of Jun. 2026, which is 66% above its 10-year median of 294.76. GuruFocus rates ROCO:6996 with a GF Score™ of 51/100. The stock has 7 warning signs investors should review. Among 2,493 Hardware companies, Forcelead Technology ranks better than 98.6% 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. Forcelead Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 488.97%.
The historical rank and industry rank for Forcelead Technology's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6996'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 182.67 Med: 294.76 Max: 3615.37
Current: 337.84
During the past 6 years, Forcelead Technology's highest ROC (Joel Greenblatt) % was 3615.37%. The lowest was 182.67%. And the median was 294.76%.
ROCO:6996's ROC (Joel Greenblatt) % is ranked better than 98.6% of 2493
companies
in the Hardware industry
Industry Median: 10.53
vs ROCO:6996: 337.84
Forcelead Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.30% per year.
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.
Forcelead Technology ROC (Joel Greenblatt) % Related Terms
Forcelead Technology ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Forcelead Technology'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.
ROCO:6996 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Forcelead Technology'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.
Forcelead Technology ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Forcelead Technology's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Forcelead Technology's ROC (Joel Greenblatt) % falls into.
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 (Jun. 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 488.97% mean?
Forcelead Technology (ROCO:6996) has a ROC (Joel Greenblatt) % of 488.97% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Forcelead Technology and its competitors. This is 66% above median its historical median of 294.76. Over the past decade, Forcelead Technology's ROC (Joel Greenblatt) % has ranged from 182.67 to 3,615.37. According to the industry distribution chart, Forcelead Technology ranks #35 out of 2493 companies in the Hardware industry, placing it in the top 1.4%.
Is Forcelead Technology's ROC (Joel Greenblatt) % too high?
Forcelead Technology's current ROC (Joel Greenblatt) % of 488.97% is 66% above median its 10-year median of 294.76. Over the past 10 years, this metric has ranged from a low of 182.67 to a high of 3,615.37. The Hardware industry median ROC (Joel Greenblatt) % is 10.53. Forcelead Technology's value of 488.97% is 4543.6% above this industry median. Based on the distribution chart, Forcelead Technology ranks #35 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Forcelead Technology has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Forcelead Technology's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Forcelead Technology ranks #35 out of 2493 companies for ROC (Joel Greenblatt) %. This places Forcelead Technology in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.53. Forcelead Technology's value of 488.97% is 4543.6% above this benchmark. Historically, Forcelead Technology's own ROC (Joel Greenblatt) % has ranged from 182.67 to 3,615.37 over the past decade. While the company's 10-year median is 294.76 vs. the industry median of 10.53, Forcelead Technology 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 10.53, based on 2,493 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. Forcelead Technology's current ROC (Joel Greenblatt) % of 488.97% is 4543.6% 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 Forcelead Technology and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forcelead Technology's current ROC (Joel Greenblatt) % is 488.97%, which is 66% above median its own 10-year median of 294.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forcelead Technology stock overvalued right now?
Forcelead Technology (ROCO:6996) has a current ROC (Joel Greenblatt) % of 488.97%. The current ROC (Joel Greenblatt) % is 488.97%, which is 66% above median its 10-year median of 294.76 and 4543.6% above the Hardware industry median of 10.53. Forcelead Technology's overall GF Score™ is 51/100 with 7 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 Forcelead Technology (ROCO:6996), the current ROC (Joel Greenblatt) % is 488.97% as of Jun. 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.
Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, and other products.
51GF Score
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