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CKM Applied MaterialsROCO:8930 +3.34%87 ROC (Joel Greenblatt) % is 23.55% as of Mar. 2026, which is 140% above its 10-year median of 9.80. GuruFocus rates ROCO:8930 with a GF Score™ of 87/100 and a GF Value™ of NT$31.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,780 Construction companies, CKM Applied Materials ranks better than 53.2% 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. CKM Applied Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.55%.
The historical rank and industry rank for CKM Applied Materials's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:8930'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.58 Med: 9.8 Max: 26.06
Current: 22.03
During the past 13 years, CKM Applied Materials's highest ROC (Joel Greenblatt) % was 26.06%. The lowest was 5.58%. And the median was 9.80%.
ROCO:8930's ROC (Joel Greenblatt) % is ranked better than 53.2% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs ROCO:8930: 22.03
CKM Applied Materials's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 30.60% per year.
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.
CKM Applied Materials ROC (Joel Greenblatt) % Related Terms
CKM Applied Materials ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CKM Applied Materials'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.
ROCO:8930 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, CKM Applied Materials'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.
CKM Applied Materials ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, CKM Applied Materials's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CKM Applied Materials's ROC (Joel Greenblatt) % falls into.
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 23.55% mean?
CKM Applied Materials (ROCO:8930) has a ROC (Joel Greenblatt) % of 23.55% 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 CKM Applied Materials and its competitors. This is 140% above median its historical median of 9.80. Over the past decade, CKM Applied Materials' ROC (Joel Greenblatt) % has ranged from 5.58 to 26.06. According to the industry distribution chart, CKM Applied Materials ranks #833 out of 1780 companies in the Construction industry, placing it in the top 46.8%.
Is CKM Applied Materials' ROC (Joel Greenblatt) % too high?
CKM Applied Materials' current ROC (Joel Greenblatt) % of 23.55% is 140% above median its 10-year median of 9.80. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 26.06. The Construction industry median ROC (Joel Greenblatt) % is 19.77. CKM Applied Materials' value of 23.55% is 19.1% above this industry median. Based on the distribution chart, CKM Applied Materials ranks #833 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, CKM Applied Materials has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CKM Applied Materials' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, CKM Applied Materials ranks #833 out of 1780 companies for ROC (Joel Greenblatt) %. This puts CKM Applied Materials in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.77. CKM Applied Materials' value of 23.55% is 19.1% above this benchmark. Historically, CKM Applied Materials' own ROC (Joel Greenblatt) % has ranged from 5.58 to 26.06 over the past decade. While the company's 10-year median is 9.80 vs. the industry median of 19.77, CKM Applied Materials 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 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. CKM Applied Materials's current ROC (Joel Greenblatt) % of 23.55% is 19.1% 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 CKM Applied Materials and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CKM Applied Materials's current ROC (Joel Greenblatt) % is 23.55%, which is 140% above median its own 10-year median of 9.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CKM Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, CKM Applied Materials (ROCO:8930) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.96, compared to a current price of NT$30.95 — trading 3.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.55%, which is 140% above median its 10-year median of 9.80 and 19.1% above the Construction industry median of 19.77. CKM Applied Materials' overall GF Score™ is 87/100 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 CKM Applied Materials (ROCO:8930), the current ROC (Joel Greenblatt) % is 23.55% 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 CKM Applied Materials (ROCO:8930) Overvalued in 2026?
Based on GuruFocus' analysis, CKM Applied Materials stock appears to be undervalued.
The current stock price of NT$30.95 is trading 3.2% below its estimated GF Value™ of NT$31.96.
GuruFocus considers CKM Applied Materials to be Fairly Valued.
Key valuation signals for ROCO:8930:
ROC (Joel Greenblatt) %: 23.55% (140% above median its 10-year median of 9.80)
GF Value™: NT$31.96 vs. price of NT$30.95 (3.2% below fair value)
Industry Position: 19.1% above the Construction median (#833 of 1780)
No single metric tells the full story. See the ROCO:8930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CKM Applied Materials Corp is engaged in the manufacturing and sales of light steel frames, metal ceilings, and fireproof doors, along with related import and export operations, as well as the production and distribution of various machinery. It provides ceiling suspension systems, partition framework systems, and metal ceilings with a wide range of applications, including governmental buildings, hospitals, schools, department stores, hotels, factories, public buildings, residential buildings, and commercial buildings. Its products include Ceiling Suspension System, Metal Ceilings, and Micro-perforated acoustic products. The company has one reportable segment and is mainly engaged in the manufacturing and sales of a single product, light steel frames.
87GF 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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