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Doshisha CoDSHIF 81 ROC (Joel Greenblatt) % is 17.97% as of Mar. 2026, which is 29% below its 10-year median of 25.15. GuruFocus rates DSHIF with a GF Score™ of 81/100 and a GF Value™ of $13.13. Among 562 Conglomerates companies, Doshisha Co ranks better than 76.69% 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. Doshisha Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.97%.
The historical rank and industry rank for Doshisha Co's ROC (Joel Greenblatt) % or its related term are showing as below:
DSHIF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.08 Med: 25.15 Max: 40.4
Current: 37.31
During the past 13 years, Doshisha Co's highest ROC (Joel Greenblatt) % was 40.40%. The lowest was 17.08%. And the median was 25.15%.
DSHIF's ROC (Joel Greenblatt) % is ranked better than 76.69% of 562
companies
in the Conglomerates industry
Industry Median: 14.68
vs DSHIF: 37.31
Doshisha Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.10% per year.
Doshisha Co (OTCPK:DSHIF) 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.
Doshisha Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Doshisha 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.
DSHIF vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Doshisha 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.
Doshisha Co ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Doshisha Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Doshisha 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 (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 17.97% mean?
Doshisha Co (DSHIF) has a ROC (Joel Greenblatt) % of 17.97% 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 Doshisha Co and its competitors. This is 29% below median its historical median of 25.15. Over the past decade, Doshisha Co's ROC (Joel Greenblatt) % has ranged from 17.08 to 40.40. According to the industry distribution chart, Doshisha Co ranks #131 out of 562 companies in the Conglomerates industry, placing it in the top 23.3%.
Is Doshisha Co's ROC (Joel Greenblatt) % too high?
Doshisha Co's current ROC (Joel Greenblatt) % of 17.97% is 29% below median its 10-year median of 25.15. Over the past 10 years, this metric has ranged from a low of 17.08 to a high of 40.40. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Doshisha Co's value of 17.97% is 22.4% above this industry median. Based on the distribution chart, Doshisha Co ranks #131 out of 562 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Doshisha Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Doshisha Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Doshisha Co ranks #131 out of 562 companies for ROC (Joel Greenblatt) %. This places Doshisha Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.68. Doshisha Co's value of 17.97% is 22.4% above this benchmark. Historically, Doshisha Co's own ROC (Joel Greenblatt) % has ranged from 17.08 to 40.40 over the past decade. While the company's 10-year median is 25.15 vs. the industry median of 14.68, Doshisha 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 562 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. Doshisha Co's current ROC (Joel Greenblatt) % of 17.97% is 22.4% 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 Doshisha Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doshisha Co's current ROC (Joel Greenblatt) % is 17.97%, which is 29% below median its own 10-year median of 25.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doshisha Co stock overvalued right now?
Doshisha Co (DSHIF) has a current ROC (Joel Greenblatt) % of 17.97%. The stock's GF Value™ is $13.13, compared to a current price of $15.95 — trading 21.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.97%, which is 29% below median its 10-year median of 25.15 and 22.4% above the Conglomerates industry median of 14.68. Doshisha Co's overall GF Score™ is 81/100. 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 Doshisha Co (DSHIF), the current ROC (Joel Greenblatt) % is 17.97% 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 Doshisha Co (DSHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Doshisha Co stock appears to be overvalued.
The current stock price of $15.95 is trading 21.5% above its estimated GF Value™ of $13.13.
Key valuation signals for DSHIF:
ROC (Joel Greenblatt) %: 17.97% (29% below median its 10-year median of 25.15)
GF Value™: $13.13 vs. price of $15.95 (21.5% above fair value)
Industry Position: 22.4% above the Conglomerates median (#131 of 562)
No single metric tells the full story. See the DSHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doshisha Co Ltd is a Japanese conglomerate. The company engages in the manufacture and sale of various lifestyle and household products. With operation organized into the following segments, Product Development, Wholesale Model Business and Others. It mainly provides consumer electronics, home décor, apparel, food products, alcoholic beverages, and confectionery. It also engages in wholesale of branded products.
81GF Score
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