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Linkage Software CoSHSE:688588 +1.33%82 ROC (Joel Greenblatt) % is 13.86% as of Mar. 2026, which is 77% below its 10-year median of 60.91. GuruFocus rates SHSE:688588 with a GF Score™ of 82/100 and a GF Value™ of ¥15.10 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,819 Software companies, Linkage Software Co ranks better than 52.04% 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. Linkage Software Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.86%.
The historical rank and industry rank for Linkage Software Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:688588'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.52 Med: 60.91 Max: 74.65
Current: 26.52
During the past 13 years, Linkage Software Co's highest ROC (Joel Greenblatt) % was 74.65%. The lowest was 26.52%. And the median was 60.91%.
SHSE:688588's ROC (Joel Greenblatt) % is ranked better than 52.04% of 2819
companies
in the Software industry
Industry Median: 20.81
vs SHSE:688588: 26.52
Linkage Software Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.00% per year.
Linkage Software Co (SHSE:688588) 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.
Linkage Software Co ROC (Joel Greenblatt) % Related Terms
Linkage Software Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Linkage Software 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.
SHSE:688588 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Linkage Software 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.
Linkage Software Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Linkage Software Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Linkage Software Co's ROC (Joel Greenblatt) % falls into.
Linkage Software 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 13.86% mean?
Linkage Software Co (SHSE:688588) has a ROC (Joel Greenblatt) % of 13.86% 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 Linkage Software Co and its competitors. This is 77% below median its historical median of 60.91. Over the past decade, Linkage Software Co's ROC (Joel Greenblatt) % has ranged from 26.52 to 74.65. According to the industry distribution chart, Linkage Software Co ranks #1352 out of 2819 companies in the Software industry, placing it in the top 48%.
Is Linkage Software Co's ROC (Joel Greenblatt) % too high?
Linkage Software Co's current ROC (Joel Greenblatt) % of 13.86% is 77% below median its 10-year median of 60.91. Over the past 10 years, this metric has ranged from a low of 26.52 to a high of 74.65. The Software industry median ROC (Joel Greenblatt) % is 20.81. Linkage Software Co's value of 13.86% is 33.4% below this industry median. Based on the distribution chart, Linkage Software Co ranks #1352 out of 2819 companies in the Software industry, which is above the industry midpoint. Overall, Linkage Software Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linkage Software Co's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Linkage Software Co ranks #1352 out of 2819 companies for ROC (Joel Greenblatt) %. This puts Linkage Software Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.81. Linkage Software Co's value of 13.86% is 33.4% below this benchmark. Historically, Linkage Software Co's own ROC (Joel Greenblatt) % has ranged from 26.52 to 74.65 over the past decade. While the company's 10-year median is 60.91 vs. the industry median of 20.81, Linkage Software 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.81, based on 2,819 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. Linkage Software Co's current ROC (Joel Greenblatt) % of 13.86% is 33.4% 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 Linkage Software Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linkage Software Co's current ROC (Joel Greenblatt) % is 13.86%, which is 77% below median its own 10-year median of 60.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linkage Software Co stock overvalued right now?
Based on GuruFocus' analysis, Linkage Software Co (SHSE:688588) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥15.10, compared to a current price of ¥9.91 — trading 34.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.86%, which is 77% below median its 10-year median of 60.91 and 33.4% below the Software industry median of 20.81. Linkage Software Co's overall GF Score™ is 82/100 with 6 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 Linkage Software Co (SHSE:688588), the current ROC (Joel Greenblatt) % is 13.86% 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 Linkage Software Co (SHSE:688588) Overvalued in 2026?
Based on GuruFocus' analysis, Linkage Software Co stock appears to be undervalued.
The current stock price of ¥9.91 is trading 34.4% below its estimated GF Value™ of ¥15.10.
GuruFocus considers Linkage Software Co to be Significantly Undervalued.
Key valuation signals for SHSE:688588:
ROC (Joel Greenblatt) %: 13.86% (77% below median its 10-year median of 60.91)
GF Value™: ¥15.10 vs. price of ¥9.91 (34.4% below fair value)
Industry Position: 33.4% below the Software median (#1352 of 2819)
No single metric tells the full story. See the SHSE:688588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linkage Software Co Ltd is a financial software solution provider. The company is committed to the application of emerging technologies in the financial industry, providing customers with a full range of software services such as consulting, design, development, and maintenance. It provides software services in the fields of securities, insurance, banking, trust, and asset management. It uses various technologies such as cloud computing, big data, and artificial intelligence.
82GF Score
Get the complete analysis for SHSE:688588
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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