Koan Hao Technology Co (ROCO:8354) ROC (Joel Greenblatt) %: 25.63% (As of Jun. 2026) — 309% Above Median

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ROCO:8354 Koan Hao Technology Co Ltd ROCO:8354
61 GF Score
Price NT$17.85
GF Value NT$16.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Koan Hao Technology Co ROC (Joel Greenblatt) %?

Koan Hao Technology Co ROCO:8354 61 ROC (Joel Greenblatt) % is 25.63% as of Jun. 2026, which is 309% above its 10-year median of 6.27. GuruFocus rates ROCO:8354 with a GF Score™ of 61/100 and a GF Value™ of NT$16.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,608 Chemicals companies, Koan Hao Technology Co ranks better than 65.49% 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. Koan Hao Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 25.63%.

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

ROCO:8354' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.57   Med: 6.27   Max: 16.82
Current: 16.82

During the past 13 years, Koan Hao Technology Co's highest ROC (Joel Greenblatt) % was 16.82%. The lowest was 2.57%. And the median was 6.27%.

ROCO:8354's ROC (Joel Greenblatt) % is ranked better than
65.49% of 1608 companies
in the Chemicals industry
Industry Median: 10.605 vs ROCO:8354: 16.82

Koan Hao Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.30% per year.


Koan Hao Technology Co  (ROCO:8354) 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.


Koan Hao Technology Co ROC (Joel Greenblatt) % Related Terms


Koan Hao Technology Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Koan Hao 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.

Koan Hao Technology Co ROC (Joel Greenblatt) % Chart

Koan Hao Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.57 6.41 6.12 10.75 2.96

Koan Hao Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.64 18.36 14.45 8.76 25.63

ROCO:8354 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Koan Hao 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.


Koan Hao Technology Co ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koan Hao Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ROCO:8354
61GF Score
Koan Hao Technology Co Ltd ROCO:8354
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koan Hao 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109.539 + 144.525 + 9.0609999999997) - (174.098 + 0 + 7.038)
=81.989

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.235 + 152.098 + 10.12) - (161.042 + 0 + 6.5390000000002)
=88.872

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=458.136/( ( (1706.167 + max(81.989, 0)) + (1698.213 + max(88.872, 0)) )/ 2 )
=458.136/( ( 1788.156 + 1787.085 )/ 2 )
=458.136/1787.6205
=25.63 %

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 25.63% mean?
Koan Hao Technology Co (ROCO:8354) has a ROC (Joel Greenblatt) % of 25.63% 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 Koan Hao Technology Co and its competitors. This is 309% above median its historical median of 6.27. Over the past decade, Koan Hao Technology Co's ROC (Joel Greenblatt) % has ranged from 2.57 to 16.82. According to the industry distribution chart, Koan Hao Technology Co ranks #555 out of 1608 companies in the Chemicals industry, placing it in the top 34.5%.
Is Koan Hao Technology Co's ROC (Joel Greenblatt) % too high?
Koan Hao Technology Co's current ROC (Joel Greenblatt) % of 25.63% is 309% above median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 16.82. The Chemicals industry median ROC (Joel Greenblatt) % is 10.61. Koan Hao Technology Co's value of 25.63% is 141.7% above this industry median. Based on the distribution chart, Koan Hao Technology Co ranks #555 out of 1608 companies in the Chemicals industry, which is above the industry midpoint. Overall, Koan Hao Technology Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koan Hao Technology Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Koan Hao Technology Co ranks #555 out of 1608 companies for ROC (Joel Greenblatt) %. This puts Koan Hao Technology Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.61. Koan Hao Technology Co's value of 25.63% is 141.7% above this benchmark. Historically, Koan Hao Technology Co's own ROC (Joel Greenblatt) % has ranged from 2.57 to 16.82 over the past decade. While the company's 10-year median is 6.27 vs. the industry median of 10.61, Koan Hao 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.61, based on 1,608 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. Koan Hao Technology Co's current ROC (Joel Greenblatt) % of 25.63% is 141.7% 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 Koan Hao Technology Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koan Hao Technology Co's current ROC (Joel Greenblatt) % is 25.63%, which is 309% above median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koan Hao Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Koan Hao Technology Co (ROCO:8354) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.22, compared to a current price of NT$17.85 — trading 10% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.63%, which is 309% above median its 10-year median of 6.27 and 141.7% above the Chemicals industry median of 10.61. Koan Hao Technology Co's overall GF Score™ is 61/100 with 6 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 Koan Hao Technology Co (ROCO:8354), the current ROC (Joel Greenblatt) % is 25.63% 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 Koan Hao Technology Co (ROCO:8354) Overvalued in 2026?

Based on GuruFocus' analysis, Koan Hao Technology Co stock appears to be overvalued. The current stock price of NT$17.85 is trading 10% above its estimated GF Value™ of NT$16.22. GuruFocus considers Koan Hao Technology Co to be Fairly Valued.

Key valuation signals for ROCO:8354:

  • ROC (Joel Greenblatt) %: 25.63% (309% above median its 10-year median of 6.27)
  • GF Value™: NT$16.22 vs. price of NT$17.85 (10% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 141.7% above the Chemicals median (#555 of 1608)

No single metric tells the full story. See the ROCO:8354 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koan Hao Technology Co Business Description

Address No. 239, Chenggong 3rd Road, Nantou County, Nantou, TWN, 54066
Koan Hao Technology Co Ltd is a Taiwan-based company that engages in the manufacture and processing of products such as PSA Labels, trademark paper, Release Liners, adhesive tapes, etc. Geographically it has a presence in Taiwan, China, Vietnam, and Other countries; from which the majority of its revenue comes from Taiwan.
61GF Score

Get the complete analysis for ROCO:8354

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

NT$17.85
Price
NT$16.22
GF Value