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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. Morimatsu International Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.33%.
The historical rank and industry rank for Morimatsu International Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:1S5'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.74 Med: 39.11 Max: 48.78
Current: 28.23
During the past 9 years, Morimatsu International Holdings Co's highest ROC (Joel Greenblatt) % was 48.78%. The lowest was 3.74%. And the median was 39.11%.
FRA:1S5's ROC (Joel Greenblatt) % is ranked better than 76.19% of 3062
companies
in the Industrial Products industry
Industry Median: 11.595
vs FRA:1S5: 28.23
Morimatsu International Holdings Co (FRA:1S5) 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.
* 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.
Morimatsu International Holdings Co ROC (Joel Greenblatt) % Chart
FRA:1S5 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings 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.
Morimatsu International Holdings Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Morimatsu International Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Morimatsu International Holdings Co's ROC (Joel Greenblatt) % falls into.
Morimatsu International Holdings 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 two times the semi-annual (Dec. 2025) 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 24.33% mean?
Morimatsu International Holdings Co (FRA:1S5) has a ROC (Joel Greenblatt) % of 24.33% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Morimatsu International Holdings Co and its competitors. This is 38% below median its historical median of 39.11. Over the past decade, Morimatsu International Holdings Co's ROC (Joel Greenblatt) % has ranged from 3.74 to 48.78. According to the industry distribution chart, Morimatsu International Holdings Co ranks #729 out of 3062 companies in the Industrial Products industry, placing it in the top 23.8%.
Is Morimatsu International Holdings Co's ROC (Joel Greenblatt) % too high?
Morimatsu International Holdings Co's current ROC (Joel Greenblatt) % of 24.33% is 38% below median its 10-year median of 39.11. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 48.78. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.60. Morimatsu International Holdings Co's value of 24.33% is 109.8% above this industry median. Based on the distribution chart, Morimatsu International Holdings Co ranks #729 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Morimatsu International Holdings Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Morimatsu International Holdings Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Morimatsu International Holdings Co ranks #729 out of 3062 companies for ROC (Joel Greenblatt) %. This places Morimatsu International Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.60. Morimatsu International Holdings Co's value of 24.33% is 109.8% above this benchmark. Historically, Morimatsu International Holdings Co's own ROC (Joel Greenblatt) % has ranged from 3.74 to 48.78 over the past decade. While the company's 10-year median is 39.11 vs. the industry median of 11.60, Morimatsu International Holdings 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.60, based on 3,062 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. Morimatsu International Holdings Co's current ROC (Joel Greenblatt) % of 24.33% is 109.8% 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 Morimatsu International Holdings Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morimatsu International Holdings Co's current ROC (Joel Greenblatt) % is 24.33%, which is 38% below median its own 10-year median of 39.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morimatsu International Holdings Co stock overvalued right now?
Morimatsu International Holdings Co (FRA:1S5) has a current ROC (Joel Greenblatt) % of 24.33%. The stock's GF Value™ is €0.68, compared to a current price of €0.74 — trading 8.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 24.33%, which is 38% below median its 10-year median of 39.11 and 109.8% above the Industrial Products industry median of 11.60. Morimatsu International Holdings Co's overall GF Score™ is 91/100 with 5 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 Morimatsu International Holdings Co (FRA:1S5), the current ROC (Joel Greenblatt) % is 24.33% as of Dec. 2025. 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 Morimatsu International Holdings Co (FRA:1S5) Overvalued in 2026?
Based on GuruFocus' analysis, Morimatsu International Holdings Co stock appears to be overvalued.
The current stock price of €0.74 is trading 8.8% above its estimated GF Value™ of €0.68.
Key valuation signals for FRA:1S5:
ROC (Joel Greenblatt) %: 24.33% (38% below median its 10-year median of 39.11)
GF Value™: €0.68 vs. price of €0.74 (8.8% above fair value)
Industry Position: 109.8% above the Industrial Products median (#729 of 3062)
No single metric tells the full story. See the FRA:1S5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morimatsu International Holdings Co Ltd Groups principal activities are the design, manufacture, installation and operation and maintenance of core equipment, process system (such as process module) and total solutions mainly for chemical reactions, biological reactions and polymerization. The Group currently provides services to downstream industries/fields, including oil and gas refinery, family care, new chemical materials, pharmaceuticals, raw materials for power batteries and electronic chemicals, etc. The Group has determined that it only has one operating segment. The company has presence in Mainland China, North America, Asia (excluding mainland China), Europe, and Africa. The company generates majority of revenue from Asia.
91GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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