Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mito Securities CoFRA:896 +0.54%63 ROC (Joel Greenblatt) % is 97.50% as of Mar. 2026, which is 104% above its 10-year median of 47.68. GuruFocus rates FRA:896 with a GF Score™ of 63/100 and a GF Value™ of €3.55. The stock has 4 warning signs investors should review. Among 678 Capital Markets companies, Mito Securities Co ranks better than 61.5% 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. Mito Securities Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 97.50%.
The historical rank and industry rank for Mito Securities Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:896'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.43 Med: 47.68 Max: 86.91
Current: 86.91
During the past 13 years, Mito Securities Co's highest ROC (Joel Greenblatt) % was 86.91%. The lowest was -13.43%. And the median was 47.68%.
FRA:896's ROC (Joel Greenblatt) % is ranked better than 61.5% of 678
companies
in the Capital Markets industry
Industry Median: 35.065
vs FRA:896: 86.91
Mito Securities Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mito Securities Co (FRA:896) 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.
Mito Securities Co ROC (Joel Greenblatt) % Related Terms
Mito Securities Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mito Securities 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.
FRA:896 vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison
For the Capital Markets subindustry, Mito Securities 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.
Mito Securities Co ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Mito Securities Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mito Securities Co's ROC (Joel Greenblatt) % falls into.
Mito Securities 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 97.50% mean?
Mito Securities Co (FRA:896) has a ROC (Joel Greenblatt) % of 97.50% 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 Mito Securities Co and its competitors. This is 104% above median its historical median of 47.68. According to the industry distribution chart, Mito Securities Co ranks #261 out of 678 companies in the Capital Markets industry, placing it in the top 38.5%.
Is Mito Securities Co's ROC (Joel Greenblatt) % too high?
Mito Securities Co's current ROC (Joel Greenblatt) % of 97.50% is 104% above median its 10-year median of 47.68. The Capital Markets industry median ROC (Joel Greenblatt) % is 35.07. Mito Securities Co's value of 97.50% is 178.1% above this industry median. Based on the distribution chart, Mito Securities Co ranks #261 out of 678 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Mito Securities Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Mito Securities Co's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Mito Securities Co ranks #261 out of 678 companies for ROC (Joel Greenblatt) %. This puts Mito Securities Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 35.07. Mito Securities Co's value of 97.50% is 178.1% above this benchmark. While the company's 10-year median is 47.68 vs. the industry median of 35.07, Mito Securities 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 35.07, based on 678 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. Mito Securities Co's current ROC (Joel Greenblatt) % of 97.50% is 178.1% 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 Mito Securities Co and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 35.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mito Securities Co's current ROC (Joel Greenblatt) % is 97.50%, which is 104% above median its own 10-year median of 47.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mito Securities Co stock overvalued right now?
Mito Securities Co (FRA:896) has a current ROC (Joel Greenblatt) % of 97.50%. The stock's GF Value™ is €3.55, compared to a current price of €3.70 — trading 4.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 97.50%, which is 104% above median its 10-year median of 47.68 and 178.1% above the Capital Markets industry median of 35.07. Mito Securities Co's overall GF Score™ is 63/100 with 4 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 Mito Securities Co (FRA:896), the current ROC (Joel Greenblatt) % is 97.50% 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 Mito Securities Co (FRA:896) Overvalued in 2026?
Based on GuruFocus' analysis, Mito Securities Co stock appears to be overvalued.
The current stock price of €3.70 is trading 4.2% above its estimated GF Value™ of €3.55.
Key valuation signals for FRA:896:
ROC (Joel Greenblatt) %: 97.50% (104% above median its 10-year median of 47.68)
GF Value™: €3.55 vs. price of €3.70 (4.2% above fair value)
Industry Position: 178.1% above the Capital Markets median (#261 of 678)
No single metric tells the full story. See the FRA:896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.
63GF Score
Get the complete analysis for FRA:896
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:896 has been successfully added to your 
