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AJIS CoAJISF -5.49%77 ROC (Joel Greenblatt) % is 168.06% as of Dec. 2025, which is 17% above its 10-year median of 143.43. GuruFocus rates AJISF with a GF Score™ of 77/100 and a GF Value™ of $11.66. The stock has 7 warning signs investors should review. Among 1,083 Business Services companies, AJIS Co ranks better than 86.24% 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. AJIS Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 168.06%.
The historical rank and industry rank for AJIS Co's ROC (Joel Greenblatt) % or its related term are showing as below:
AJISF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 116.9 Med: 143.43 Max: 249.23
Current: 154.92
During the past 13 years, AJIS Co's highest ROC (Joel Greenblatt) % was 249.23%. The lowest was 116.90%. And the median was 143.43%.
AJISF's ROC (Joel Greenblatt) % is ranked better than 86.24% of 1083
companies
in the Business Services industry
Industry Median: 21.22
vs AJISF: 154.92
AJIS Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.40% per year.
AJIS Co (OTCPK:AJISF) 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.
The historical data trend for AJIS 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.
AJISF vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, AJIS 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.
AJIS Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, AJIS Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AJIS Co'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 (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 168.06% mean?
AJIS Co (AJISF) has a ROC (Joel Greenblatt) % of 168.06% 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 AJIS Co and its competitors. This is 17% above median its historical median of 143.43. Over the past decade, AJIS Co's ROC (Joel Greenblatt) % has ranged from 116.90 to 249.23. According to the industry distribution chart, AJIS Co ranks #149 out of 1083 companies in the Business Services industry, placing it in the top 13.8%.
Is AJIS Co's ROC (Joel Greenblatt) % too high?
AJIS Co's current ROC (Joel Greenblatt) % of 168.06% is 17% above median its 10-year median of 143.43. Over the past 10 years, this metric has ranged from a low of 116.90 to a high of 249.23. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. AJIS Co's value of 168.06% is 692% above this industry median. Based on the distribution chart, AJIS Co ranks #149 out of 1083 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, AJIS Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does AJIS Co's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, AJIS Co ranks #149 out of 1083 companies for ROC (Joel Greenblatt) %. This places AJIS Co in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.22. AJIS Co's value of 168.06% is 692% above this benchmark. Historically, AJIS Co's own ROC (Joel Greenblatt) % has ranged from 116.90 to 249.23 over the past decade. While the company's 10-year median is 143.43 vs. the industry median of 21.22, AJIS 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 1,083 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. AJIS Co's current ROC (Joel Greenblatt) % of 168.06% is 692% 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 AJIS 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. AJIS Co's current ROC (Joel Greenblatt) % is 168.06%, which is 17% above median its own 10-year median of 143.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJIS Co stock overvalued right now?
AJIS Co (AJISF) has a current ROC (Joel Greenblatt) % of 168.06%. The stock's GF Value™ is $11.66, compared to a current price of $15.50 — trading 32.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 168.06%, which is 17% above median its 10-year median of 143.43 and 692% above the Business Services industry median of 21.22. AJIS Co's overall GF Score™ is 77/100 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 AJIS Co (AJISF), the current ROC (Joel Greenblatt) % is 168.06% 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.
Is AJIS Co (AJISF) Overvalued in 2026?
Based on GuruFocus' analysis, AJIS Co stock appears to be overvalued.
The current stock price of $15.50 is trading 32.9% above its estimated GF Value™ of $11.66.
Key valuation signals for AJISF:
ROC (Joel Greenblatt) %: 168.06% (17% above median its 10-year median of 143.43)
GF Value™: $11.66 vs. price of $15.50 (32.9% above fair value)
Industry Position: 692% above the Business Services median (#149 of 1083)
No single metric tells the full story. See the AJISF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJIS Co Ltd is engaged in the provision of inventory services and other accessory services for the distribution business in Japan. It provides services for store inventory, logistics warehouse inventory, and asset inventory. It has extended its operations in Asia such as China, Korea, Hong Kong, Thailand, Malaysia, Vietnam, Philippines and mainly in Japan.
77GF Score
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