DAIPF (Daihen) ROC (Joel Greenblatt) %: 16.69% (As of Mar. 2026) — 22% Above Median


DAIPF Daihen Corp DAIPF
81 GF Score
Price $51.55
GF Value $25.01
! 9 Warning Signs
View Full Analysis

What is Daihen ROC (Joel Greenblatt) %?

Daihen DAIPF 81 ROC (Joel Greenblatt) % is 16.69% as of Mar. 2026, which is 22% above its 10-year median of 13.66. GuruFocus rates DAIPF with a GF Score™ of 81/100 and a GF Value™ of $25.01. The stock has 9 warning signs investors should review. Among 3,060 Industrial Products companies, Daihen ranks better than 53.53% 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. Daihen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.69%.

The historical rank and industry rank for Daihen's ROC (Joel Greenblatt) % or its related term are showing as below:

DAIPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.43   Med: 13.66   Max: 18.79
Current: 13.37

During the past 13 years, Daihen's highest ROC (Joel Greenblatt) % was 18.79%. The lowest was 10.43%. And the median was 13.66%.

DAIPF's ROC (Joel Greenblatt) % is ranked better than
53.53% of 3060 companies
in the Industrial Products industry
Industry Median: 11.775 vs DAIPF: 13.37

Daihen's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.80% per year.


Daihen  (OTCPK:DAIPF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Daihen ROC (Joel Greenblatt) % Related Terms


Daihen ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Daihen'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.

Daihen ROC (Joel Greenblatt) % Chart

Daihen Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 17.47 15.10 11.72 12.99

Daihen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.38 9.84 10.98 14.98 16.69

DAIPF vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Daihen'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.


Daihen ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daihen's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Daihen's ROC (Joel Greenblatt) % falls into.


DAIPF
81GF Score
Daihen Corp DAIPF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daihen 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(292.364 + 735.163 + 49.772) - (123.009 + 0 + 181.125)
=773.165

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(368.711 + 688.235 + 50.1) - (164.58 + 0 + 173.85)
=768.616

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Daihen for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=191.552/( ( (374.493 + max(773.165, 0)) + (379.323 + max(768.616, 0)) )/ 2 )
=191.552/( ( 1147.658 + 1147.939 )/ 2 )
=191.552/1147.7985
=16.69 %

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 16.69% mean?
Daihen (DAIPF) has a ROC (Joel Greenblatt) % of 16.69% 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 Daihen and its competitors. This is 22% above median its historical median of 13.66. Over the past decade, Daihen's ROC (Joel Greenblatt) % has ranged from 10.43 to 18.79. According to the industry distribution chart, Daihen ranks #1422 out of 3060 companies in the Industrial Products industry, placing it in the top 46.5%.
Is Daihen's ROC (Joel Greenblatt) % too high?
Daihen's current ROC (Joel Greenblatt) % of 16.69% is 22% above median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 10.43 to a high of 18.79. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.78. Daihen's value of 16.69% is 41.7% above this industry median. Based on the distribution chart, Daihen ranks #1422 out of 3060 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Daihen has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Daihen's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daihen ranks #1422 out of 3060 companies for ROC (Joel Greenblatt) %. This puts Daihen in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.78. Daihen's value of 16.69% is 41.7% above this benchmark. Historically, Daihen's own ROC (Joel Greenblatt) % has ranged from 10.43 to 18.79 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 11.78, Daihen 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.78, based on 3,060 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. Daihen's current ROC (Joel Greenblatt) % of 16.69% is 41.7% 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 Daihen and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daihen's current ROC (Joel Greenblatt) % is 16.69%, which is 22% above median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daihen stock overvalued right now?
Daihen (DAIPF) has a current ROC (Joel Greenblatt) % of 16.69%. The stock's GF Value™ is $25.01, compared to a current price of $51.55 — trading 106.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.69%, which is 22% above median its 10-year median of 13.66 and 41.7% above the Industrial Products industry median of 11.78. Daihen's overall GF Score™ is 81/100 with 9 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 Daihen (DAIPF), the current ROC (Joel Greenblatt) % is 16.69% 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 Daihen (DAIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Daihen stock appears to be overvalued. The current stock price of $51.55 is trading 106.1% above its estimated GF Value™ of $25.01.

Key valuation signals for DAIPF:

  • ROC (Joel Greenblatt) %: 16.69% (22% above median its 10-year median of 13.66)
  • GF Value™: $25.01 vs. price of $51.55 (106.1% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 41.7% above the Industrial Products median (#1422 of 3060)

No single metric tells the full story. See the DAIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daihen Business Description

Other Exchanges 6622:Japan6NV:Germany
Address 2-1-11 Tagawa, Yodogawa-ku, Osaka, JPN, 532-8512
Daihen Corp manufactures and sales power products, welding machines, industrial robot, generators and automatic matching units for plasma applications, clean transfer robot, and wireless power transfer system. The company's subsidiaries are also engaged in manufacturing and sales of power transformers.
81GF Score

Get the complete analysis for DAIPF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.55
Price
$25.01
GF Value