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NTT DOCOMOBUE:DCM 10 ROC (Joel Greenblatt) % is 29.61% as of Sep. 2020, which is 9% above its 10-year median of 27.10. GuruFocus rates BUE:DCM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.
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. NTT DOCOMO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was 29.61%.
The historical rank and industry rank for NTT DOCOMO's ROC (Joel Greenblatt) % or its related term are showing as below:
BUE:DCM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.94 Med: 27.1 Max: 32.38
Current: 21.91
During the past 13 years, NTT DOCOMO's highest ROC (Joel Greenblatt) % was 32.38%. The lowest was 18.94%. And the median was 27.10%.
BUE:DCM's ROC (Joel Greenblatt) % is not ranked
in the Telecommunication Services industry.
Industry Median: 14.97
vs BUE:DCM: 21.91
NTT DOCOMO's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.60% 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.
NTT DOCOMO ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NTT DOCOMO'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.
BUE:DCM vs VZ, T, TMUS: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, NTT DOCOMO'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.
NTT DOCOMO ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NTT DOCOMO'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 (Sep. 2020) 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 29.61% mean?
NTT DOCOMO (BUE:DCM) has a ROC (Joel Greenblatt) % of 29.61% as of Sep. 2020. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on NTT DOCOMO and its competitors. This is near median its historical median of 27.10. Over the past decade, NTT DOCOMO's ROC (Joel Greenblatt) % has ranged from 18.94 to 32.38.
Is NTT DOCOMO's ROC (Joel Greenblatt) % too high?
NTT DOCOMO's current ROC (Joel Greenblatt) % of 29.61% is near median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 18.94 to a high of 32.38. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.97. NTT DOCOMO's value of 29.61% is 97.8% above this industry median. Overall, NTT DOCOMO has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does NTT DOCOMO's ROC (Joel Greenblatt) % compare to VZ and T?
NTT DOCOMO's ROC (Joel Greenblatt) % of 29.61% can be compared against companies in the Telecommunication Services industry. The industry median ROC (Joel Greenblatt) % is 14.97. NTT DOCOMO's value of 29.61% is 97.8% above this benchmark. Historically, NTT DOCOMO's own ROC (Joel Greenblatt) % has ranged from 18.94 to 32.38 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 14.97, NTT DOCOMO 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.97, based on 364 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. NTT DOCOMO's current ROC (Joel Greenblatt) % of 29.61% is 97.8% 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 NTT DOCOMO and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DOCOMO's current ROC (Joel Greenblatt) % is 29.61%, which is near median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DOCOMO stock overvalued right now?
NTT DOCOMO (BUE:DCM) has a current ROC (Joel Greenblatt) % of 29.61%. The current ROC (Joel Greenblatt) % is 29.61%, which is near median its 10-year median of 27.10 and 97.8% above the Telecommunication Services industry median of 14.97. NTT DOCOMO's overall GF Score™ is 10/100 with 5 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 NTT DOCOMO (BUE:DCM), the current ROC (Joel Greenblatt) % is 29.61% as of Sep. 2020. 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.
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.
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