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Finesse Technology CoROCO:7704 +2.31%69 ROC (Joel Greenblatt) % is 33.27% as of Jun. 2026, which is 27% above its 10-year median of 26.20. GuruFocus rates ROCO:7704 with a GF Score™ of 69/100 and a GF Value™ of NT$61.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, Finesse Technology Co ranks better than 71.02% 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. Finesse Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 33.27%.
The historical rank and industry rank for Finesse Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:7704'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.41 Med: 26.2 Max: 39.27
Current: 23.98
During the past 6 years, Finesse Technology Co's highest ROC (Joel Greenblatt) % was 39.27%. The lowest was 14.41%. And the median was 26.20%.
ROCO:7704's ROC (Joel Greenblatt) % is ranked better than 71.02% of 3081
companies
in the Industrial Products industry
Industry Median: 12
vs ROCO:7704: 23.98
Finesse Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.00% per year.
Finesse Technology Co (ROCO:7704) 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.
Finesse Technology Co ROC (Joel Greenblatt) % Related Terms
Finesse Technology Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Finesse 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.
Finesse Technology Co ROC (Joel Greenblatt) % Chart
ROCO:7704 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Finesse 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.
Finesse Technology Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Finesse Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Finesse Technology Co's ROC (Joel Greenblatt) % falls into.
Finesse 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:
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 33.27% mean?
Finesse Technology Co (ROCO:7704) has a ROC (Joel Greenblatt) % of 33.27% 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 Finesse Technology Co and its competitors. This is 27% above median its historical median of 26.20. Over the past decade, Finesse Technology Co's ROC (Joel Greenblatt) % has ranged from 14.41 to 39.27. According to the industry distribution chart, Finesse Technology Co ranks #893 out of 3081 companies in the Industrial Products industry, placing it in the top 29%.
Is Finesse Technology Co's ROC (Joel Greenblatt) % too high?
Finesse Technology Co's current ROC (Joel Greenblatt) % of 33.27% is 27% above median its 10-year median of 26.20. Over the past 10 years, this metric has ranged from a low of 14.41 to a high of 39.27. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.00. Finesse Technology Co's value of 33.27% is 177.3% above this industry median. Based on the distribution chart, Finesse Technology Co ranks #893 out of 3081 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Finesse Technology Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finesse Technology Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finesse Technology Co ranks #893 out of 3081 companies for ROC (Joel Greenblatt) %. This puts Finesse Technology Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.00. Finesse Technology Co's value of 33.27% is 177.3% above this benchmark. Historically, Finesse Technology Co's own ROC (Joel Greenblatt) % has ranged from 14.41 to 39.27 over the past decade. While the company's 10-year median is 26.20 vs. the industry median of 12.00, Finesse 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.00, based on 3,081 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. Finesse Technology Co's current ROC (Joel Greenblatt) % of 33.27% is 177.3% 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 Finesse Technology Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finesse Technology Co's current ROC (Joel Greenblatt) % is 33.27%, which is 27% above median its own 10-year median of 26.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finesse Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Finesse Technology Co (ROCO:7704) is currently considered Fairly Valued. The stock's GF Value™ is NT$61.64, compared to a current price of NT$62.10 — trading 0.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.27%, which is 27% above median its 10-year median of 26.20 and 177.3% above the Industrial Products industry median of 12.00. Finesse Technology Co's overall GF Score™ is 69/100 with 4 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 Finesse Technology Co (ROCO:7704), the current ROC (Joel Greenblatt) % is 33.27% 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.
Is Finesse Technology Co (ROCO:7704) Overvalued in 2026?
Based on GuruFocus' analysis, Finesse Technology Co stock appears to be overvalued.
The current stock price of NT$62.10 is trading 0.7% above its estimated GF Value™ of NT$61.64.
GuruFocus considers Finesse Technology Co to be Fairly Valued.
Key valuation signals for ROCO:7704:
ROC (Joel Greenblatt) %: 33.27% (27% above median its 10-year median of 26.20)
GF Value™: NT$61.64 vs. price of NT$62.10 (0.7% above fair value)
Industry Position: 177.3% above the Industrial Products median (#893 of 3081)
No single metric tells the full story. See the ROCO:7704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finesse Technology Co Ltd is a company that is focused on the development of ozone generators, RPS generators, RF systems, microwave devices, electronic circuits, control systems, and other core technologies. Additionally, the company offers technical support, maintenance, and product manufacturing services. Its main sales and service area is the semiconductor industry. The company's own brand product portfolio comprises gas pressure regulators, ozone sensors, remote plasma source, ozone controllers, RF generator system, ozone generators, etc. Finesse Technology operates in a single operating segment: the manufacturing, repair, and trading of electronic components. Geographically, it generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), America, and Europe.
69GF Score
Get the complete analysis for ROCO:7704
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