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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. Pili International Multimedia Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.46%.
The historical rank and industry rank for Pili International Multimedia Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:8450'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.17 Med: -13.51 Max: 55.85
Current: -31.03
During the past 13 years, Pili International Multimedia Co's highest ROC (Joel Greenblatt) % was 55.85%. The lowest was -41.17%. And the median was -13.51%.
ROCO:8450's ROC (Joel Greenblatt) % is ranked worse than 74.21% of 1016
companies
in the Media - Diversified industry
Industry Median: 9.865
vs ROCO:8450: -31.03
Pili International Multimedia Co (ROCO:8450) 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.
* 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.
Pili International Multimedia Co ROC (Joel Greenblatt) % Chart
ROCO:8450 vs NFLX, DIS, WBD: ROC (Joel Greenblatt) % Comparison
For the Entertainment subindustry, Pili International Multimedia 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.
Pili International Multimedia Co ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Pili International Multimedia Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pili International Multimedia Co's ROC (Joel Greenblatt) % falls into.
Pili International Multimedia 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 (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 13.46% mean?
Pili International Multimedia Co (ROCO:8450) has a ROC (Joel Greenblatt) % of 13.46% 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 Pili International Multimedia Co and its competitors. According to the industry distribution chart, Pili International Multimedia Co ranks #754 out of 1016 companies in the Media - Diversified industry, placing it in the top 74.2%.
Is Pili International Multimedia Co's ROC (Joel Greenblatt) % too high?
Pili International Multimedia Co's current ROC (Joel Greenblatt) % is 13.46%. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.87. Pili International Multimedia Co's value of 13.46% is 36.4% above this industry median. Based on the distribution chart, Pili International Multimedia Co ranks #754 out of 1016 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Pili International Multimedia Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pili International Multimedia Co's ROC (Joel Greenblatt) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Pili International Multimedia Co ranks #754 out of 1016 companies for ROC (Joel Greenblatt) %. This places Pili International Multimedia Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.87. Pili International Multimedia Co's value of 13.46% is 36.4% above this benchmark. 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.87, based on 1,016 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. Pili International Multimedia Co's current ROC (Joel Greenblatt) % of 13.46% is 36.4% 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 Pili International Multimedia Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pili International Multimedia Co's current ROC (Joel Greenblatt) % is 13.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pili International Multimedia Co stock overvalued right now?
Based on GuruFocus' analysis, Pili International Multimedia Co (ROCO:8450) is currently considered Possible Value Trap. The stock's GF Value™ is NT$21.61, compared to a current price of NT$14.75 — trading 31.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.46% and 36.4% above the Media - Diversified industry median of 9.87. Pili International Multimedia Co's overall GF Score™ is 53/100 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 Pili International Multimedia Co (ROCO:8450), the current ROC (Joel Greenblatt) % is 13.46% 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.
Is Pili International Multimedia Co (ROCO:8450) Overvalued in 2026?
Based on GuruFocus' analysis, Pili International Multimedia Co stock appears to be undervalued.
The current stock price of NT$14.75 is trading 31.7% below its estimated GF Value™ of NT$21.61.
GuruFocus considers Pili International Multimedia Co to be Possible Value Trap.
Key valuation signals for ROCO:8450:
ROC (Joel Greenblatt) %: 13.46%
GF Value™: NT$21.61 vs. price of NT$14.75 (31.7% below fair value)
Industry Position: 36.4% above the Media - Diversified median (#754 of 1016)
No single metric tells the full story. See the ROCO:8450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pili International Multimedia Co Ltd is a maker of a popular puppet shows called Pili in Taiwan. It is engaged in production and distribution of DVDs, film production of 3D movies, satellite television station, sound track production and distribution, publications and posters among others.
53GF Score
Get the complete analysis for ROCO:8450
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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