Rockchip Electronics Co (SHSE:603893) ROC (Joel Greenblatt) %: 311.32% (As of Jun. 2026) — 487% Above Median

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SHSE:603893 Rockchip Electronics Co Ltd SHSE:603893
98 GF Score
Price ¥193.90
GF Value ¥215.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Rockchip Electronics Co ROC (Joel Greenblatt) %?

Rockchip Electronics Co SHSE:603893 -1.82% 98 ROC (Joel Greenblatt) % is 311.32% as of Jun. 2026, which is 487% above its 10-year median of 53.01. GuruFocus rates SHSE:603893 with a GF Score™ of 98/100 and a GF Value™ of ¥215.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,033 Semiconductors companies, Rockchip Electronics Co ranks better than 97% 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. Rockchip Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 311.32%.

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

SHSE:603893' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.9   Med: 53.01   Max: 236.58
Current: 234.7

During the past 13 years, Rockchip Electronics Co's highest ROC (Joel Greenblatt) % was 236.58%. The lowest was 5.90%. And the median was 53.01%.

SHSE:603893's ROC (Joel Greenblatt) % is ranked better than
97% of 1033 companies
in the Semiconductors industry
Industry Median: 12.43 vs SHSE:603893: 234.70

Rockchip Electronics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -15.90% per year.


Rockchip Electronics Co  (SHSE:603893) 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.


Rockchip Electronics Co ROC (Joel Greenblatt) % Related Terms


Rockchip Electronics Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rockchip Electronics 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.

Rockchip Electronics Co ROC (Joel Greenblatt) % Chart

Rockchip Electronics 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 184.89 24.05 5.90 66.67 171.43

Rockchip Electronics 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 355.29 229.00 152.41 176.95 311.32

SHSE:603893 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Rockchip Electronics 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.


Rockchip Electronics Co ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Rockchip Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rockchip Electronics Co's ROC (Joel Greenblatt) % falls into.


SHSE:603893
98GF Score
Rockchip Electronics Co Ltd SHSE:603893
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rockchip Electronics 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)
=(364.014 + 1303.674 + 44.505) - (795.157 + 0 + 107.369)
=809.667

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(481.649 + 1517.758 + 67.85) - (1473.927 + 0 + 68.733)
=524.597

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rockchip Electronics 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 )
=2342.864/( ( (79.461 + max(809.667, 0)) + (91.393 + max(524.597, 0)) )/ 2 )
=2342.864/( ( 889.128 + 615.99 )/ 2 )
=2342.864/752.559
=311.32 %

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 311.32% mean?
Rockchip Electronics Co (SHSE:603893) has a ROC (Joel Greenblatt) % of 311.32% 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 Rockchip Electronics Co and its competitors. This is 487% above median its historical median of 53.01. Over the past decade, Rockchip Electronics Co's ROC (Joel Greenblatt) % has ranged from 5.90 to 236.58. According to the industry distribution chart, Rockchip Electronics Co ranks #31 out of 1033 companies in the Semiconductors industry, placing it in the top 3%.
Is Rockchip Electronics Co's ROC (Joel Greenblatt) % too high?
Rockchip Electronics Co's current ROC (Joel Greenblatt) % of 311.32% is 487% above median its 10-year median of 53.01. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 236.58. The Semiconductors industry median ROC (Joel Greenblatt) % is 12.43. Rockchip Electronics Co's value of 311.32% is 2404.6% above this industry median. Based on the distribution chart, Rockchip Electronics Co ranks #31 out of 1033 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Rockchip Electronics Co has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rockchip Electronics Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Rockchip Electronics Co ranks #31 out of 1033 companies for ROC (Joel Greenblatt) %. This places Rockchip Electronics Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.43. Rockchip Electronics Co's value of 311.32% is 2404.6% above this benchmark. Historically, Rockchip Electronics Co's own ROC (Joel Greenblatt) % has ranged from 5.90 to 236.58 over the past decade. While the company's 10-year median is 53.01 vs. the industry median of 12.43, Rockchip Electronics 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 12.43, based on 1,033 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. Rockchip Electronics Co's current ROC (Joel Greenblatt) % of 311.32% is 2404.6% 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 Rockchip Electronics Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 12.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockchip Electronics Co's current ROC (Joel Greenblatt) % is 311.32%, which is 487% above median its own 10-year median of 53.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockchip Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Rockchip Electronics Co (SHSE:603893) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥215.13, compared to a current price of ¥193.90 — trading 9.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 311.32%, which is 487% above median its 10-year median of 53.01 and 2404.6% above the Semiconductors industry median of 12.43. Rockchip Electronics Co's overall GF Score™ is 98/100 with 2 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 Rockchip Electronics Co (SHSE:603893), the current ROC (Joel Greenblatt) % is 311.32% 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 Rockchip Electronics Co (SHSE:603893) Overvalued in 2026?

Based on GuruFocus' analysis, Rockchip Electronics Co stock appears to be undervalued. The current stock price of ¥193.90 is trading 9.9% below its estimated GF Value™ of ¥215.13. GuruFocus considers Rockchip Electronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:603893:

  • ROC (Joel Greenblatt) %: 311.32% (487% above median its 10-year median of 53.01)
  • GF Value™: ¥215.13 vs. price of ¥193.90 (9.9% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 2404.6% above the Semiconductors median (#31 of 1033)

No single metric tells the full story. See the SHSE:603893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rockchip Electronics Co Business Description

Address No. 89, Software Avenue, Tongpan Road, Buildings 18, 20, and 21, Software Park Area, Gulou District, Fujian Province, Fuzhou, CHN, 35003
Rockchip Electronics Co Ltd is engaged in the design, development, and sales of integrated circuits and application solutions, providing customers with chip-related products and technical services. The company produces application processors, power management chips, and other self-developed devices, serving sectors such as IoT, consumer electronics, automotive, communications, and AI.
98GF Score

Get the complete analysis for SHSE:603893

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

¥193.90
Price
¥215.13
GF Value