Aichi SteelAICHF 75 ROC (Joel Greenblatt) % is 6.88% as of Mar. 2026, which is 5% above its 10-year median of 6.57. GuruFocus rates AICHF with a GF Score™ of 75/100 and a GF Value™ of $6.34. The stock has 1 warning sign investors should review. Among 632 Steel companies, Aichi Steel ranks better than 59.97% 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. Aichi Steel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.88%.
The historical rank and industry rank for Aichi Steel's ROC (Joel Greenblatt) % or its related term are showing as below:
AICHF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.75 Med: 6.57 Max: 10.32
Current: 10.18
During the past 13 years, Aichi Steel's highest ROC (Joel Greenblatt) % was 10.32%. The lowest was 1.75%. And the median was 6.57%.
AICHF's ROC (Joel Greenblatt) % is ranked better than 59.97% of 632
companies
in the Steel industry
Industry Median: 7.065
vs AICHF: 10.18
Aichi Steel's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 34.70% per year.
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.
Aichi Steel ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aichi Steel'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.
AICHF vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Aichi Steel'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.
Aichi Steel ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Aichi Steel's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aichi Steel's ROC (Joel Greenblatt) % falls into.
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 6.88% mean?
Aichi Steel (AICHF) has a ROC (Joel Greenblatt) % of 6.88% 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 Aichi Steel and its competitors. This is near median its historical median of 6.57. Over the past decade, Aichi Steel's ROC (Joel Greenblatt) % has ranged from 1.75 to 10.32. According to the industry distribution chart, Aichi Steel ranks #253 out of 632 companies in the Steel industry, placing it in the top 40%.
Is Aichi Steel's ROC (Joel Greenblatt) % too high?
Aichi Steel's current ROC (Joel Greenblatt) % of 6.88% is near median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 10.32. The Steel industry median ROC (Joel Greenblatt) % is 7.07. Aichi Steel's value of 6.88% is 2.6% below this industry median. Based on the distribution chart, Aichi Steel ranks #253 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Aichi Steel has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Aichi Steel's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Aichi Steel ranks #253 out of 632 companies for ROC (Joel Greenblatt) %. This puts Aichi Steel in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 7.07. Aichi Steel's value of 6.88% is 2.6% below this benchmark. Historically, Aichi Steel's own ROC (Joel Greenblatt) % has ranged from 1.75 to 10.32 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 7.07, Aichi Steel 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.07, based on 632 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. Aichi Steel's current ROC (Joel Greenblatt) % of 6.88% is 2.6% 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 Aichi Steel and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aichi Steel's current ROC (Joel Greenblatt) % is 6.88%, which is near median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Steel stock overvalued right now?
Aichi Steel (AICHF) has a current ROC (Joel Greenblatt) % of 6.88%. The stock's GF Value™ is $6.34, compared to a current price of $13.00 — trading 105% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.88%, which is near median its 10-year median of 6.57 and 2.6% below the Steel industry median of 7.07. Aichi Steel's overall GF Score™ is 75/100 with 1 warning sign 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 Aichi Steel (AICHF), the current ROC (Joel Greenblatt) % is 6.88% 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 Aichi Steel (AICHF) Overvalued in 2026?
Based on GuruFocus' analysis, Aichi Steel stock appears to be overvalued.
The current stock price of $13.00 is trading 105% above its estimated GF Value™ of $6.34.
Key valuation signals for AICHF:
ROC (Joel Greenblatt) %: 6.88% (near median its 10-year median of 6.57)
GF Value™: $6.34 vs. price of $13.00 (105% above fair value)
Industry Position: 2.6% below the Steel median (#253 of 632)
No single metric tells the full story. See the AICHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.
75GF Score
Get the complete analysis for AICHF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AICHF has been successfully added to your 
