Furukawa CoFKWAF 59 ROC (Joel Greenblatt) % is 12.91% as of Mar. 2026, which is 76% above its 10-year median of 7.32. GuruFocus rates FKWAF with a GF Score™ of 59/100 and a GF Value™ of $15.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,500 Metals & Mining companies, Furukawa Co ranks better than 83.04% 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. Furukawa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.91%.
The historical rank and industry rank for Furukawa Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FKWAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.02 Med: 7.32 Max: 19.32
Current: 13.27
During the past 13 years, Furukawa Co's highest ROC (Joel Greenblatt) % was 19.32%. The lowest was 6.02%. And the median was 7.32%.
FKWAF's ROC (Joel Greenblatt) % is ranked better than 83.04% of 2500
companies
in the Metals & Mining industry
Industry Median: -22.13
vs FKWAF: 13.27
Furukawa Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.50% per year.
Furukawa Co (OTCPK:FKWAF) 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.
Furukawa Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Furukawa 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.
Furukawa Co ROC (Joel Greenblatt) % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Furukawa 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.
Furukawa Co ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Furukawa Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Furukawa 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 12.91% mean?
Furukawa Co (FKWAF) has a ROC (Joel Greenblatt) % of 12.91% 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 Furukawa Co and its competitors. This is 76% above median its historical median of 7.32. Over the past decade, Furukawa Co's ROC (Joel Greenblatt) % has ranged from 6.02 to 19.32. According to the industry distribution chart, Furukawa Co ranks #424 out of 2500 companies in the Metals & Mining industry, placing it in the top 17%.
Is Furukawa Co's ROC (Joel Greenblatt) % too high?
Furukawa Co's current ROC (Joel Greenblatt) % of 12.91% is 76% above median its 10-year median of 7.32. Over the past 10 years, this metric has ranged from a low of 6.02 to a high of 19.32. Based on the distribution chart, Furukawa Co ranks #424 out of 2500 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Furukawa Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Furukawa Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Furukawa Co ranks #424 out of 2500 companies for ROC (Joel Greenblatt) %. This places Furukawa Co in the top 17% of its industry — outperforming the majority of peers. Historically, Furukawa Co's own ROC (Joel Greenblatt) % has ranged from 6.02 to 19.32 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Furukawa Co and its competitors. Furukawa Co's current ROC (Joel Greenblatt) % is 12.91%, which is 76% above median its own 10-year median of 7.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furukawa Co stock overvalued right now?
Based on GuruFocus' analysis, Furukawa Co (FKWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.06, compared to a current price of $22.64 — trading 50.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.91%, which is 76% above median its 10-year median of 7.32. Furukawa Co's overall GF Score™ is 59/100 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 Furukawa Co (FKWAF), the current ROC (Joel Greenblatt) % is 12.91% 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 Furukawa Co (FKWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Furukawa Co stock appears to be overvalued.
The current stock price of $22.64 is trading 50.3% above its estimated GF Value™ of $15.06.
GuruFocus considers Furukawa Co to be Significantly Overvalued.
Key valuation signals for FKWAF:
ROC (Joel Greenblatt) %: 12.91% (76% above median its 10-year median of 7.32)
GF Value™: $15.06 vs. price of $22.64 (50.3% above fair value)
No single metric tells the full story. See the FKWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Furukawa Co Ltd is a Japan-based company that primarily produces and sells machinery products, smelts on consignment and sells copper products, and produces electronic materials and chemical products. The company generates the majority of its sales from four major segments: industrial machinery, rock drill machinery, UNIC machinery, and metals. The industrial machinery segment supplies environmental machinery, pumps, and industrial machinery. The rock drill machinery segment produces and sells rock drill machines. The UNIC machinery segment produces and distributes cranes and carriers. The metals segment smelts copper products and supplies other metal products including ore, gold, and silver. The company generates the majority of its sales from the Japanese domestic market.
59GF Score
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