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Chugai Pharmaceutical CoCHGCY -2.44%89 ROC (Joel Greenblatt) % is 79.83% as of Jun. 2026, which is 35% above its 10-year median of 59.26. GuruFocus rates CHGCY with a GF Score™ of 89/100 and a GF Value™ of $24.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 983 Drug Manufacturers companies, Chugai Pharmaceutical Co ranks better than 91.35% 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. Chugai Pharmaceutical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 79.83%.
The historical rank and industry rank for Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % or its related term are showing as below:
CHGCY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.64 Med: 59.26 Max: 78.92
Current: 78.92
During the past 13 years, Chugai Pharmaceutical Co's highest ROC (Joel Greenblatt) % was 78.92%. The lowest was 19.64%. And the median was 59.26%.
CHGCY's ROC (Joel Greenblatt) % is ranked better than 91.35% of 983
companies
in the Drug Manufacturers industry
Industry Median: 11.44
vs CHGCY: 78.92
Chugai Pharmaceutical Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.80% per year.
Chugai Pharmaceutical Co (OTCPK:CHGCY) 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.
Chugai Pharmaceutical Co ROC (Joel Greenblatt) % Related Terms
Chugai Pharmaceutical Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Chugai Pharmaceutical 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.
Chugai Pharmaceutical Co ROC (Joel Greenblatt) % Chart
CHGCY vs LLY, JNJ, ABBV: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - General subindustry, Chugai Pharmaceutical 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.
Chugai Pharmaceutical Co ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % falls into.
Chugai Pharmaceutical 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:
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 (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 79.83% mean?
Chugai Pharmaceutical Co (CHGCY) has a ROC (Joel Greenblatt) % of 79.83% 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 Chugai Pharmaceutical Co and its competitors. This is 35% above median its historical median of 59.26. Over the past decade, Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % has ranged from 19.64 to 78.92. According to the industry distribution chart, Chugai Pharmaceutical Co ranks #85 out of 983 companies in the Drug Manufacturers industry, placing it in the top 8.6%.
Is Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % too high?
Chugai Pharmaceutical Co's current ROC (Joel Greenblatt) % of 79.83% is 35% above median its 10-year median of 59.26. Over the past 10 years, this metric has ranged from a low of 19.64 to a high of 78.92. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.44. Chugai Pharmaceutical Co's value of 79.83% is 597.8% above this industry median. Based on the distribution chart, Chugai Pharmaceutical Co ranks #85 out of 983 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Chugai Pharmaceutical Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chugai Pharmaceutical Co's ROC (Joel Greenblatt) % compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Chugai Pharmaceutical Co ranks #85 out of 983 companies for ROC (Joel Greenblatt) %. This places Chugai Pharmaceutical Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.44. Chugai Pharmaceutical Co's value of 79.83% is 597.8% above this benchmark. Historically, Chugai Pharmaceutical Co's own ROC (Joel Greenblatt) % has ranged from 19.64 to 78.92 over the past decade. While the company's 10-year median is 59.26 vs. the industry median of 11.44, Chugai Pharmaceutical 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.44, based on 983 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. Chugai Pharmaceutical Co's current ROC (Joel Greenblatt) % of 79.83% is 597.8% 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 Chugai Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Pharmaceutical Co's current ROC (Joel Greenblatt) % is 79.83%, which is 35% above median its own 10-year median of 59.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Pharmaceutical Co (CHGCY) is currently considered Modestly Undervalued. The stock's GF Value™ is $24.68, compared to a current price of $21.61 — trading 12.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 79.83%, which is 35% above median its 10-year median of 59.26 and 597.8% above the Drug Manufacturers industry median of 11.44. Chugai Pharmaceutical Co's overall GF Score™ is 89/100 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 Chugai Pharmaceutical Co (CHGCY), the current ROC (Joel Greenblatt) % is 79.83% 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 Chugai Pharmaceutical Co (CHGCY) Overvalued in 2026?
Based on GuruFocus' analysis, Chugai Pharmaceutical Co stock appears to be undervalued.
The current stock price of $21.61 is trading 12.4% below its estimated GF Value™ of $24.68.
GuruFocus considers Chugai Pharmaceutical Co to be Modestly Undervalued.
Key valuation signals for CHGCY:
ROC (Joel Greenblatt) %: 79.83% (35% above median its 10-year median of 59.26)
GF Value™: $24.68 vs. price of $21.61 (12.4% below fair value)
Industry Position: 597.8% above the Drug Manufacturers median (#85 of 983)
No single metric tells the full story. See the CHGCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugai Pharmaceutical is a Japanese drug developer and subsidiary of Roche Holding, which owns roughly 60% of the company. Founded in 1925, Chugai deals primarily in the Japanese market, where it generates roughly half of its revenue. It has been the leader in Japan's oncology market for the past decade, largely due to drugs licensed from its parent's portfolio. The company also develops its own innovative medicines. It is an industry leader in antibody technology with several flagship therapies, including Hemlibra (hemophilia), Actemra (rheumatoid arthritis, covid), Foundayo (oral obesity pill), and Nemluvio (atopic dermatitis, prurigo nodularis).
89GF Score
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