Bonraybio Co (TPE:6955) ROC (Joel Greenblatt) %: 335.61% (As of Jun. 2026) — 549% Above Median

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TPE:6955 Bonraybio Co Ltd TPE:6955
66 GF Score
Price NT$100.00
GF Value NT$151.96
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bonraybio Co ROC (Joel Greenblatt) %?

Bonraybio Co TPE:6955 +1.11% 66 ROC (Joel Greenblatt) % is 335.61% as of Jun. 2026, which is 549% above its 10-year median of 51.72. GuruFocus rates TPE:6955 with a GF Score™ of 66/100 and a GF Value™ of NT$151.96 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 838 Medical Devices & Instruments companies, Bonraybio Co ranks better than 99.28% 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. Bonraybio Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 335.61%.

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

TPE:6955' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -170.62   Med: 51.72   Max: 326.03
Current: 284.45

During the past 6 years, Bonraybio Co's highest ROC (Joel Greenblatt) % was 326.03%. The lowest was -170.62%. And the median was 51.72%.

TPE:6955's ROC (Joel Greenblatt) % is ranked better than
99.28% of 838 companies
in the Medical Devices & Instruments industry
Industry Median: 4.615 vs TPE:6955: 284.45

Bonraybio Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bonraybio Co  (TPE:6955) 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.


Bonraybio Co ROC (Joel Greenblatt) % Related Terms


Bonraybio Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bonraybio 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.

Bonraybio Co ROC (Joel Greenblatt) % Chart

Bonraybio Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -133.37 8.76 94.68 224.05 326.03

Bonraybio Co Quarterly Data
Dec20 Dec21 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 287.56 234.27 287.28 400.19 335.61

TPE:6955 vs ABT, SYK, MDT: ROC (Joel Greenblatt) % Comparison

For the Medical Devices subindustry, Bonraybio 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.


Bonraybio Co ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bonraybio Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TPE:6955
66GF Score
Bonraybio Co Ltd TPE:6955
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonraybio 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)
=(31.555 + 37.995 + 12.721) - (86.986 + 0 + 5.002)
=-9.717

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.899 + 51.005 + 14.006) - (55.9 + 0 + 4.733)
=43.277

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bonraybio 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 )
=131.112/( ( (17.409 + max(-9.717, 0)) + (17.448 + max(43.277, 0)) )/ 2 )
=131.112/( ( 17.409 + 60.725 )/ 2 )
=131.112/39.067
=335.61 %

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 335.61% mean?
Bonraybio Co (TPE:6955) has a ROC (Joel Greenblatt) % of 335.61% 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 Bonraybio Co and its competitors. This is 549% above median its historical median of 51.72. According to the industry distribution chart, Bonraybio Co ranks #6 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 0.7%.
Is Bonraybio Co's ROC (Joel Greenblatt) % too high?
Bonraybio Co's current ROC (Joel Greenblatt) % of 335.61% is 549% above median its 10-year median of 51.72. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.62. Bonraybio Co's value of 335.61% is 7172.2% above this industry median. Based on the distribution chart, Bonraybio Co ranks #6 out of 838 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Bonraybio Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bonraybio Co's ROC (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Bonraybio Co ranks #6 out of 838 companies for ROC (Joel Greenblatt) %. This places Bonraybio Co in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.62. Bonraybio Co's value of 335.61% is 7172.2% above this benchmark. While the company's 10-year median is 51.72 vs. the industry median of 4.62, Bonraybio 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.62, based on 838 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. Bonraybio Co's current ROC (Joel Greenblatt) % of 335.61% is 7172.2% 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 Bonraybio Co and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonraybio Co's current ROC (Joel Greenblatt) % is 335.61%, which is 549% above median its own 10-year median of 51.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonraybio Co stock overvalued right now?
Based on GuruFocus' analysis, Bonraybio Co (TPE:6955) is currently considered Possible Value Trap. The stock's GF Value™ is NT$151.96, compared to a current price of NT$100.00 — trading 34.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 335.61%, which is 549% above median its 10-year median of 51.72 and 7172.2% above the Medical Devices & Instruments industry median of 4.62. Bonraybio Co's overall GF Score™ is 66/100 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 Bonraybio Co (TPE:6955), the current ROC (Joel Greenblatt) % is 335.61% 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 Bonraybio Co (TPE:6955) Overvalued in 2026?

Based on GuruFocus' analysis, Bonraybio Co stock appears to be undervalued. The current stock price of NT$100.00 is trading 34.2% below its estimated GF Value™ of NT$151.96. GuruFocus considers Bonraybio Co to be Possible Value Trap.

Key valuation signals for TPE:6955:

  • ROC (Joel Greenblatt) %: 335.61% (549% above median its 10-year median of 51.72)
  • GF Value™: NT$151.96 vs. price of NT$100.00 (34.2% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 7172.2% above the Medical Devices & Instruments median (#6 of 838)

No single metric tells the full story. See the TPE:6955 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonraybio Co Business Description

Address No. 118, Gongye 9th Road, 4th Floor, Dali District, Taichung City, TWN
Bonraybio Co Ltd engages in research, development, and manufacturing of vitro diagnostic devices. The firm produces semen quality analyzers and Semen Analysis Systems for the clinic.
66GF Score

Get the complete analysis for TPE:6955

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

NT$100.00
Price
NT$151.96
GF Value