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Darbond Technology CoSHSE:688035 +6.02%88 ROC (Joel Greenblatt) % is 9.47% as of Jun. 2026, which is 49% below its 10-year median of 18.49. GuruFocus rates SHSE:688035 with a GF Score™ of 88/100 and a GF Value™ of ¥65.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,606 Chemicals companies, Darbond Technology Co ranks better than 54.92% 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. Darbond Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 9.47%.
The historical rank and industry rank for Darbond Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:688035'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.89 Med: 18.49 Max: 29.44
Current: 11.53
During the past 8 years, Darbond Technology Co's highest ROC (Joel Greenblatt) % was 29.44%. The lowest was 0.89%. And the median was 18.49%.
SHSE:688035's ROC (Joel Greenblatt) % is ranked better than 54.92% of 1606
companies
in the Chemicals industry
Industry Median: 10.02
vs SHSE:688035: 11.53
Darbond Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.00% per year.
Darbond Technology Co (SHSE:688035) 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.
Darbond Technology Co ROC (Joel Greenblatt) % Related Terms
Darbond Technology Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Darbond 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.
Darbond Technology Co ROC (Joel Greenblatt) % Chart
SHSE:688035 vs DOW: ROC (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Darbond 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.
Darbond Technology Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Darbond Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Darbond Technology Co's ROC (Joel Greenblatt) % falls into.
Darbond 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:
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 (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 9.47% mean?
Darbond Technology Co (SHSE:688035) has a ROC (Joel Greenblatt) % of 9.47% 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 Darbond Technology Co and its competitors. This is 49% below median its historical median of 18.49. Over the past decade, Darbond Technology Co's ROC (Joel Greenblatt) % has ranged from 0.89 to 29.44. According to the industry distribution chart, Darbond Technology Co ranks #724 out of 1606 companies in the Chemicals industry, placing it in the top 45.1%.
Is Darbond Technology Co's ROC (Joel Greenblatt) % too high?
Darbond Technology Co's current ROC (Joel Greenblatt) % of 9.47% is 49% below median its 10-year median of 18.49. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 29.44. The Chemicals industry median ROC (Joel Greenblatt) % is 10.02. Darbond Technology Co's value of 9.47% is 5.5% below this industry median. Based on the distribution chart, Darbond Technology Co ranks #724 out of 1606 companies in the Chemicals industry, which is above the industry midpoint. Overall, Darbond Technology Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Darbond Technology Co's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Darbond Technology Co ranks #724 out of 1606 companies for ROC (Joel Greenblatt) %. This puts Darbond Technology Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.02. Darbond Technology Co's value of 9.47% is 5.5% below this benchmark. Historically, Darbond Technology Co's own ROC (Joel Greenblatt) % has ranged from 0.89 to 29.44 over the past decade. While the company's 10-year median is 18.49 vs. the industry median of 10.02, Darbond Technology 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.02, based on 1,606 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. Darbond Technology Co's current ROC (Joel Greenblatt) % of 9.47% is 5.5% 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 Darbond Technology Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Darbond Technology Co's current ROC (Joel Greenblatt) % is 9.47%, which is 49% below median its own 10-year median of 18.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Darbond Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Darbond Technology Co (SHSE:688035) is currently considered Fairly Valued. The stock's GF Value™ is ¥65.29, compared to a current price of ¥65.69 — trading 0.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.47%, which is 49% below median its 10-year median of 18.49 and 5.5% below the Chemicals industry median of 10.02. Darbond Technology Co's overall GF Score™ is 88/100 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 Darbond Technology Co (SHSE:688035), the current ROC (Joel Greenblatt) % is 9.47% 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 Darbond Technology Co (SHSE:688035) Overvalued in 2026?
Based on GuruFocus' analysis, Darbond Technology Co stock appears to be overvalued.
The current stock price of ¥65.69 is trading 0.6% above its estimated GF Value™ of ¥65.29.
GuruFocus considers Darbond Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688035:
ROC (Joel Greenblatt) %: 9.47% (49% below median its 10-year median of 18.49)
GF Value™: ¥65.29 vs. price of ¥65.69 (0.6% above fair value)
Industry Position: 5.5% below the Chemicals median (#724 of 1606)
No single metric tells the full story. See the SHSE:688035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Darbond Technology Co Ltd is engaged in the research and development of high-end electronic packaging materials. It is mainly engaged in electronic packaging materials, thermal conductive materials, conductive materials, wafer dicing films, thin film and other more than 400 kinds of products.
88GF Score
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