Enli Technology Co (ROCO:7728) ROC (Joel Greenblatt) %: 150.51% (As of Mar. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7728 Enli Technology Co Ltd ROCO:7728
53 GF Score
Price NT$575.00
! 4 Warning Signs
View Full Analysis

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

Enli Technology Co ROCO:7728 +5.70% 53 ROC (Joel Greenblatt) % is 150.51% as of Mar. 2026, which is 32% below its 10-year median of 221.23. GuruFocus rates ROCO:7728 with a GF Score™ of 53/100. The stock has 4 warning signs investors should review. Among 1,027 Semiconductors companies, Enli Technology Co ranks better than 95.23% 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. Enli Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 150.51%.

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

ROCO:7728' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 112.37   Med: 221.23   Max: 670.27
Current: 140.99

During the past 6 years, Enli Technology Co's highest ROC (Joel Greenblatt) % was 670.27%. The lowest was 112.37%. And the median was 221.23%.

ROCO:7728's ROC (Joel Greenblatt) % is ranked better than
95.23% of 1027 companies
in the Semiconductors industry
Industry Median: 8.5 vs ROCO:7728: 140.99

Enli Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.40% per year.


Enli Technology Co  (ROCO:7728) 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.


Enli Technology Co ROC (Joel Greenblatt) % Related Terms


Enli Technology Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Enli 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.

Enli Technology Co ROC (Joel Greenblatt) % Chart

Enli Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 135.74 289.88 463.38 670.27 152.58

Enli Technology Co Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 233.03 34.63 58.66 222.06 150.51

ROCO:7728 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Enli 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.


Enli Technology Co ROC (Joel Greenblatt) % vs Semiconductors Industry

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

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


ROCO:7728
53GF Score
Enli Technology Co Ltd ROCO:7728
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enli 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.019 + 56.223 + 17.959) - (64.009 + 0 + 31.961)
=23.231

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.285 + 61.774 + 13.888) - (114.557 + 0 + 24.931)
=-18.541

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Enli Technology Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=106.648/( ( (61.215 + max(23.231, 0)) + (57.267 + max(-18.541, 0)) )/ 2 )
=106.648/( ( 84.446 + 57.267 )/ 2 )
=106.648/70.8565
=150.51 %

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 150.51% mean?
Enli Technology Co (ROCO:7728) has a ROC (Joel Greenblatt) % of 150.51% 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 Enli Technology Co and its competitors. This is 32% below median its historical median of 221.23. Over the past decade, Enli Technology Co's ROC (Joel Greenblatt) % has ranged from 112.37 to 670.27. According to the industry distribution chart, Enli Technology Co ranks #49 out of 1027 companies in the Semiconductors industry, placing it in the top 4.8%.
Is Enli Technology Co's ROC (Joel Greenblatt) % too high?
Enli Technology Co's current ROC (Joel Greenblatt) % of 150.51% is 32% below median its 10-year median of 221.23. Over the past 10 years, this metric has ranged from a low of 112.37 to a high of 670.27. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.50. Enli Technology Co's value of 150.51% is 1670.7% above this industry median. Based on the distribution chart, Enli Technology Co ranks #49 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Enli Technology Co has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Enli Technology Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Enli Technology Co ranks #49 out of 1027 companies for ROC (Joel Greenblatt) %. This places Enli Technology Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.50. Enli Technology Co's value of 150.51% is 1670.7% above this benchmark. Historically, Enli Technology Co's own ROC (Joel Greenblatt) % has ranged from 112.37 to 670.27 over the past decade. While the company's 10-year median is 221.23 vs. the industry median of 8.50, Enli 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.50, based on 1,027 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. Enli Technology Co's current ROC (Joel Greenblatt) % of 150.51% is 1670.7% 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 Enli Technology Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enli Technology Co's current ROC (Joel Greenblatt) % is 150.51%, which is 32% below median its own 10-year median of 221.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enli Technology Co stock overvalued right now?
Enli Technology Co (ROCO:7728) has a current ROC (Joel Greenblatt) % of 150.51%. The current ROC (Joel Greenblatt) % is 150.51%, which is 32% below median its 10-year median of 221.23 and 1670.7% above the Semiconductors industry median of 8.50. Enli Technology Co's overall GF Score™ is 53/100 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 Enli Technology Co (ROCO:7728), the current ROC (Joel Greenblatt) % is 150.51% 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.

Enli Technology Co Business Description

Address 1F., No.96, Luke 5th Road, Luzhu District, Kaohsiung, TWN
Enli Technology Co Ltd is a company engaged in supplying of silicon photonic components and semiconductor optoelectronic wafer testing equipment with technological innovation , leading products and excellent services. Guangyan Technology 's core technologies include simulated light sources/illuminators, quantum efficiency spectrum analysis and semiconductor optoelectronic chip testing. Guangyan Technology 's products are used in a wide range of industrial fields including semiconductor, Materials, research, Aerospace, car, Electronic components.
53GF Score

Get the complete analysis for ROCO:7728

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

NT$575.00
Price