Central Japan Railway CoCJPRF 82 ROC (Joel Greenblatt) % is 8.23% as of Mar. 2026, which is 15% below its 10-year median of 9.64. GuruFocus rates CJPRF with a GF Score™ of 82/100 and a GF Value™ of $29.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 996 Transportation companies, Central Japan Railway Co ranks better than 51.91% 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. Central Japan Railway Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.23%.
The historical rank and industry rank for Central Japan Railway Co's ROC (Joel Greenblatt) % or its related term are showing as below:
CJPRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.73 Med: 9.64 Max: 12.44
Current: 12.43
During the past 13 years, Central Japan Railway Co's highest ROC (Joel Greenblatt) % was 12.44%. The lowest was -2.73%. And the median was 9.64%.
CJPRF's ROC (Joel Greenblatt) % is ranked better than 51.91% of 996
companies
in the Transportation industry
Industry Median: 11.695
vs CJPRF: 12.43
Central Japan Railway Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Central Japan Railway Co (OTCPK:CJPRF) 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.
Central Japan Railway Co ROC (Joel Greenblatt) % Related Terms
Central Japan Railway Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Central Japan Railway 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.
Central Japan Railway Co ROC (Joel Greenblatt) % Chart
CJPRF vs UNP, CSX, NSC: ROC (Joel Greenblatt) % Comparison
For the Railroads subindustry, Central Japan Railway 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.
Central Japan Railway Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Central Japan Railway Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Central Japan Railway Co's ROC (Joel Greenblatt) % falls into.
Central Japan Railway 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 (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 8.23% mean?
Central Japan Railway Co (CJPRF) has a ROC (Joel Greenblatt) % of 8.23% 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 Central Japan Railway Co and its competitors. This is 15% below median its historical median of 9.64. According to the industry distribution chart, Central Japan Railway Co ranks #479 out of 996 companies in the Transportation industry, placing it in the top 48.1%.
Is Central Japan Railway Co's ROC (Joel Greenblatt) % too high?
Central Japan Railway Co's current ROC (Joel Greenblatt) % of 8.23% is 15% below median its 10-year median of 9.64. The Transportation industry median ROC (Joel Greenblatt) % is 11.70. Central Japan Railway Co's value of 8.23% is 29.6% below this industry median. Based on the distribution chart, Central Japan Railway Co ranks #479 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, Central Japan Railway Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Japan Railway Co's ROC (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, Central Japan Railway Co ranks #479 out of 996 companies for ROC (Joel Greenblatt) %. This puts Central Japan Railway Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. Central Japan Railway Co's value of 8.23% is 29.6% below this benchmark. While the company's 10-year median is 9.64 vs. the industry median of 11.70, Central Japan Railway Co 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 996 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. Central Japan Railway Co's current ROC (Joel Greenblatt) % of 8.23% is 29.6% 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 Central Japan Railway Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Japan Railway Co's current ROC (Joel Greenblatt) % is 8.23%, which is 15% below median its own 10-year median of 9.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Central Japan Railway Co (CJPRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.66, compared to a current price of $24.05 — trading 18.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.23%, which is 15% below median its 10-year median of 9.64 and 29.6% below the Transportation industry median of 11.70. Central Japan Railway Co's overall GF Score™ is 82/100 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 Central Japan Railway Co (CJPRF), the current ROC (Joel Greenblatt) % is 8.23% 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 Central Japan Railway Co (CJPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Central Japan Railway Co stock appears to be undervalued.
The current stock price of $24.05 is trading 18.9% below its estimated GF Value™ of $29.66.
GuruFocus considers Central Japan Railway Co to be Modestly Undervalued.
Key valuation signals for CJPRF:
ROC (Joel Greenblatt) %: 8.23% (15% below median its 10-year median of 9.64)
GF Value™: $29.66 vs. price of $24.05 (18.9% below fair value)
Industry Position: 29.6% below the Transportation median (#479 of 996)
No single metric tells the full story. See the CJPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.
82GF Score
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