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NEXCOM International CoROCO:8234 -5.81%63 ROC (Joel Greenblatt) % is 6.93% as of Jun. 2026, which is 7% above its 10-year median of 6.45. GuruFocus rates ROCO:8234 with a GF Score™ of 63/100 and a GF Value™ of NT$58.96 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,493 Hardware companies, NEXCOM International Co ranks worse than 70.72% 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. NEXCOM International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.93%.
The historical rank and industry rank for NEXCOM International Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:8234'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.26 Med: 6.45 Max: 31.43
Current: -0.08
During the past 13 years, NEXCOM International Co's highest ROC (Joel Greenblatt) % was 31.43%. The lowest was -0.26%. And the median was 6.45%.
ROCO:8234's ROC (Joel Greenblatt) % is ranked worse than 70.72% of 2493
companies
in the Hardware industry
Industry Median: 11.26
vs ROCO:8234: -0.08
NEXCOM International Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
NEXCOM International Co (ROCO:8234) 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.
NEXCOM International Co ROC (Joel Greenblatt) % Related Terms
NEXCOM International Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for NEXCOM International 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.
NEXCOM International Co ROC (Joel Greenblatt) % Chart
ROCO:8234 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, NEXCOM International 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.
NEXCOM International Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, NEXCOM International Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NEXCOM International Co's ROC (Joel Greenblatt) % falls into.
NEXCOM International 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 6.93% mean?
NEXCOM International Co (ROCO:8234) has a ROC (Joel Greenblatt) % of 6.93% 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 NEXCOM International Co and its competitors. This is near median its historical median of 6.45. According to the industry distribution chart, NEXCOM International Co ranks #1763 out of 2493 companies in the Hardware industry, placing it in the top 70.7%.
Is NEXCOM International Co's ROC (Joel Greenblatt) % too high?
NEXCOM International Co's current ROC (Joel Greenblatt) % of 6.93% is near median its 10-year median of 6.45. The Hardware industry median ROC (Joel Greenblatt) % is 11.26. NEXCOM International Co's value of 6.93% is 38.5% below this industry median. Based on the distribution chart, NEXCOM International Co ranks #1763 out of 2493 companies in the Hardware industry, which is below the industry midpoint. Overall, NEXCOM International Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEXCOM International Co's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, NEXCOM International Co ranks #1763 out of 2493 companies for ROC (Joel Greenblatt) %. This places NEXCOM International Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.26. NEXCOM International Co's value of 6.93% is 38.5% below this benchmark. While the company's 10-year median is 6.45 vs. the industry median of 11.26, NEXCOM International Co has consistently been below 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 11.26, 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. NEXCOM International Co's current ROC (Joel Greenblatt) % of 6.93% is 38.5% below 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 NEXCOM International Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXCOM International Co's current ROC (Joel Greenblatt) % is 6.93%, which is near median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXCOM International Co stock overvalued right now?
Based on GuruFocus' analysis, NEXCOM International Co (ROCO:8234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$58.96, compared to a current price of NT$66.50 — trading 12.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.93%, which is near median its 10-year median of 6.45 and 38.5% below the Hardware industry median of 11.26. NEXCOM International Co's overall GF Score™ is 63/100 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 NEXCOM International Co (ROCO:8234), the current ROC (Joel Greenblatt) % is 6.93% 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 NEXCOM International Co (ROCO:8234) Overvalued in 2026?
Based on GuruFocus' analysis, NEXCOM International Co stock appears to be overvalued.
The current stock price of NT$66.50 is trading 12.8% above its estimated GF Value™ of NT$58.96.
GuruFocus considers NEXCOM International Co to be Modestly Overvalued.
Key valuation signals for ROCO:8234:
ROC (Joel Greenblatt) %: 6.93% (near median its 10-year median of 6.45)
GF Value™: NT$58.96 vs. price of NT$66.50 (12.8% above fair value)
Industry Position: 38.5% below the Hardware median (#1763 of 2493)
No single metric tells the full story. See the ROCO:8234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEXCOM International Co Ltd is engaged in the manufacture and sales of industrial personal computers and peripherals, distribution agency services, and the design of computer programs and software applications. The Group is mainly engaged in the manufacture and sale of industrial personal computers. Its products and solutions include OT Cybersecurity Solutions, IoT Automation Solutions, Intelligent Platforms for Smart Cities, Mobile Computing Solutions, Network and Communication Solutions, Intelligent Video Surveillance, Industrial Wireless Solutions, Medical & Healthcare Informatics, solution demo, and other related offerings. The Group operates in Taiwan, Asia, and America, with Taiwan generating the majority of revenue.
63GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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