Dong Fang Offshore Co (TPE:7786) ROC (Joel Greenblatt) %: 38.45% (As of Dec. 2025) — 15% Above Median

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TPE:7786 Dong Fang Offshore Co Ltd TPE:7786
25 GF Score
Price NT$131.00
! 2 Warning Signs
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What is Dong Fang Offshore Co ROC (Joel Greenblatt) %?

Dong Fang Offshore Co TPE:7786 -0.76% 25 ROC (Joel Greenblatt) % is 38.45% as of Dec. 2025, which is 15% above its 10-year median of 33.43. GuruFocus rates TPE:7786 with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, Dong Fang Offshore Co ranks better than 70.68% 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. Dong Fang Offshore Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 38.45%.

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

TPE:7786' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.92   Med: 33.43   Max: 54.17
Current: 54.17

During the past 5 years, Dong Fang Offshore Co's highest ROC (Joel Greenblatt) % was 54.17%. The lowest was 20.92%. And the median was 33.43%.

TPE:7786's ROC (Joel Greenblatt) % is ranked better than
70.68% of 1081 companies
in the Business Services industry
Industry Median: 21.22 vs TPE:7786: 54.17

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


Dong Fang Offshore Co  (TPE:7786) 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.


Dong Fang Offshore Co ROC (Joel Greenblatt) % Related Terms


Dong Fang Offshore Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dong Fang Offshore 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.

Dong Fang Offshore Co ROC (Joel Greenblatt) % Chart

Dong Fang Offshore Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
20.92 27.35 33.43 40.78 53.16

Dong Fang Offshore Co Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 33.89 33.39 66.28 79.53 38.45

TPE:7786 vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Dong Fang Offshore 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.


Dong Fang Offshore Co ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Dong Fang Offshore Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TPE:7786
25GF Score
Dong Fang Offshore Co Ltd TPE:7786
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dong Fang Offshore 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1812.017 + 13.653 + 348.534) - (2928.268 + 0 + 963.315)
=-1717.379

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1631.06 + 13.653 + 610.406) - (2069.781 + 0 + 481.4)
=-296.062

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dong Fang Offshore Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1704.68/( ( (4206.834 + max(-1717.379, 0)) + (4660.45 + max(-296.062, 0)) )/ 2 )
=1704.68/( ( 4206.834 + 4660.45 )/ 2 )
=1704.68/4433.642
=38.45 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 38.45% mean?
Dong Fang Offshore Co (TPE:7786) has a ROC (Joel Greenblatt) % of 38.45% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Dong Fang Offshore Co and its competitors. This is 15% above median its historical median of 33.43. Over the past decade, Dong Fang Offshore Co's ROC (Joel Greenblatt) % has ranged from 20.92 to 54.17. According to the industry distribution chart, Dong Fang Offshore Co ranks #317 out of 1081 companies in the Business Services industry, placing it in the top 29.3%.
Is Dong Fang Offshore Co's ROC (Joel Greenblatt) % too high?
Dong Fang Offshore Co's current ROC (Joel Greenblatt) % of 38.45% is 15% above median its 10-year median of 33.43. Over the past 10 years, this metric has ranged from a low of 20.92 to a high of 54.17. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. Dong Fang Offshore Co's value of 38.45% is 81.2% above this industry median. Based on the distribution chart, Dong Fang Offshore Co ranks #317 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, Dong Fang Offshore Co has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Dong Fang Offshore Co's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Dong Fang Offshore Co ranks #317 out of 1081 companies for ROC (Joel Greenblatt) %. This puts Dong Fang Offshore Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. Dong Fang Offshore Co's value of 38.45% is 81.2% above this benchmark. Historically, Dong Fang Offshore Co's own ROC (Joel Greenblatt) % has ranged from 20.92 to 54.17 over the past decade. While the company's 10-year median is 33.43 vs. the industry median of 21.22, Dong Fang Offshore 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,081 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. Dong Fang Offshore Co's current ROC (Joel Greenblatt) % of 38.45% is 81.2% 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 Dong Fang Offshore Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dong Fang Offshore Co's current ROC (Joel Greenblatt) % is 38.45%, which is 15% above median its own 10-year median of 33.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dong Fang Offshore Co stock overvalued right now?
Dong Fang Offshore Co (TPE:7786) has a current ROC (Joel Greenblatt) % of 38.45%. The current ROC (Joel Greenblatt) % is 38.45%, which is 15% above median its 10-year median of 33.43 and 81.2% above the Business Services industry median of 21.22. Dong Fang Offshore Co's overall GF Score™ is 25/100 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 Dong Fang Offshore Co (TPE:7786), the current ROC (Joel Greenblatt) % is 38.45% as of Dec. 2025. 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.

Dong Fang Offshore Co Business Description

Address Shizheng Road, No. 386, 19th Floor - 1, Xitun District, Taichung, TWN, 407667
Dong Fang Offshore Co Ltd is engaged in the provision of nearshore and offshore maritime construction support services for the offshore wind industry. The services of the company include marine construction projects guard vessel and patrol services for offshore operations; environmental and regulatory compliance support for offshore wind projects; transportation of personnel and cargo; transportation of heavy construction equipment and large-scale machinery; horizontal directional drilling (HDD) works for subsea cable installation; marine mammal observation (MMO) services; submarine telecommunications cable installation; subsea cable storage and operations & maintenance (O&M); and subsea cable burial and installation services.
25GF Score

Get the complete analysis for TPE:7786

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

NT$131.00
Price