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Kwong Lung Enterprise CoROCO:8916 +0.70%77 ROC (Joel Greenblatt) % is 7.29% as of Mar. 2026, which is 56% below its 10-year median of 16.71. GuruFocus rates ROCO:8916 with a GF Score™ of 77/100 and a GF Value™ of NT$52.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Kwong Lung Enterprise Co ranks better than 66.29% 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. Kwong Lung Enterprise Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.29%.
The historical rank and industry rank for Kwong Lung Enterprise Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:8916'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.34 Med: 16.71 Max: 31.68
Current: 14.64
During the past 13 years, Kwong Lung Enterprise Co's highest ROC (Joel Greenblatt) % was 31.68%. The lowest was -0.34%. And the median was 16.71%.
ROCO:8916's ROC (Joel Greenblatt) % is ranked better than 66.29% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.54
vs ROCO:8916: 14.64
Kwong Lung Enterprise Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.90% per year.
Kwong Lung Enterprise Co (ROCO:8916) 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.
Kwong Lung Enterprise Co ROC (Joel Greenblatt) % Related Terms
Kwong Lung Enterprise Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kwong Lung Enterprise 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.
Kwong Lung Enterprise Co ROC (Joel Greenblatt) % Chart
Kwong Lung Enterprise Co ROC (Joel Greenblatt) % Competitor Comparison
For the Textile Manufacturing subindustry, Kwong Lung Enterprise 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.
Kwong Lung Enterprise Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwong Lung Enterprise Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kwong Lung Enterprise Co's ROC (Joel Greenblatt) % falls into.
Kwong Lung Enterprise 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 7.29% mean?
Kwong Lung Enterprise Co (ROCO:8916) has a ROC (Joel Greenblatt) % of 7.29% 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 Kwong Lung Enterprise Co and its competitors. This is 56% below median its historical median of 16.71. According to the industry distribution chart, Kwong Lung Enterprise Co ranks #358 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.7%.
Is Kwong Lung Enterprise Co's ROC (Joel Greenblatt) % too high?
Kwong Lung Enterprise Co's current ROC (Joel Greenblatt) % of 7.29% is 56% below median its 10-year median of 16.71. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.54. Kwong Lung Enterprise Co's value of 7.29% is 14.6% below this industry median. Based on the distribution chart, Kwong Lung Enterprise Co ranks #358 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Kwong Lung Enterprise Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Lung Enterprise Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kwong Lung Enterprise Co ranks #358 out of 1062 companies for ROC (Joel Greenblatt) %. This puts Kwong Lung Enterprise Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.54. Kwong Lung Enterprise Co's value of 7.29% is 14.6% below this benchmark. While the company's 10-year median is 16.71 vs. the industry median of 8.54, Kwong Lung Enterprise 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.54, based on 1,062 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. Kwong Lung Enterprise Co's current ROC (Joel Greenblatt) % of 7.29% is 14.6% 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 Kwong Lung Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Lung Enterprise Co's current ROC (Joel Greenblatt) % is 7.29%, which is 56% below median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Lung Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Kwong Lung Enterprise Co (ROCO:8916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.07, compared to a current price of NT$43.05 — trading 17.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.29%, which is 56% below median its 10-year median of 16.71 and 14.6% below the Manufacturing - Apparel & Accessories industry median of 8.54. Kwong Lung Enterprise Co's overall GF Score™ is 77/100 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 Kwong Lung Enterprise Co (ROCO:8916), the current ROC (Joel Greenblatt) % is 7.29% 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 Kwong Lung Enterprise Co (ROCO:8916) Overvalued in 2026?
Based on GuruFocus' analysis, Kwong Lung Enterprise Co stock appears to be undervalued.
The current stock price of NT$43.05 is trading 17.3% below its estimated GF Value™ of NT$52.07.
GuruFocus considers Kwong Lung Enterprise Co to be Modestly Undervalued.
Key valuation signals for ROCO:8916:
ROC (Joel Greenblatt) %: 7.29% (56% below median its 10-year median of 16.71)
GF Value™: NT$52.07 vs. price of NT$43.05 (17.3% below fair value)
Industry Position: 14.6% below the Manufacturing - Apparel & Accessories median (#358 of 1062)
No single metric tells the full story. See the ROCO:8916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kwong Lung Enterprise Co Ltd mainly manufactures and sells various feather products, including apparel, down, and bedding. Its product portfolio comprises Gore-Tex garments, S-seal waterproof clothing, down jackets, sleeping bags, padded outerwear, tents, duvets, pillow covers, bedsheets, etc. The Group's operating segments are: Apparel department, Down material department, Home textile department, and Others. The majority of its revenue is generated from the Apparel department, which is engaged in manufacturing, developing, designing, and selling apparel. Geographically, it derives maximum revenue from Japan, and the rest from the USA, Taiwan, China, Vietnam, and other regions.
77GF Score
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