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Riken TechnosFRA:9B3 +2.54%88 ROC (Joel Greenblatt) % is 21.96% as of Mar. 2026, which is 36% above its 10-year median of 16.15. GuruFocus rates FRA:9B3 with a GF Score™ of 88/100 and a GF Value™ of €6.80. The stock has 4 warning signs investors should review. Among 1,605 Chemicals companies, Riken Technos ranks better than 81.18% 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. Riken Technos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.96%.
The historical rank and industry rank for Riken Technos's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:9B3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.07 Med: 16.15 Max: 23.98
Current: 23.98
During the past 13 years, Riken Technos's highest ROC (Joel Greenblatt) % was 23.98%. The lowest was 13.07%. And the median was 16.15%.
FRA:9B3's ROC (Joel Greenblatt) % is ranked better than 81.18% of 1605
companies
in the Chemicals industry
Industry Median: 9.47
vs FRA:9B3: 23.98
Riken Technos's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.30% per year.
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.
Riken Technos ROC (Joel Greenblatt) % Related Terms
Riken Technos ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Riken Technos'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:9B3 vs DOW: ROC (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Riken Technos'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.
Riken Technos ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Riken Technos's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Riken Technos'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 21.96% mean?
Riken Technos (FRA:9B3) has a ROC (Joel Greenblatt) % of 21.96% 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 Riken Technos and its competitors. This is 36% above median its historical median of 16.15. Over the past decade, Riken Technos' ROC (Joel Greenblatt) % has ranged from 13.07 to 23.98. According to the industry distribution chart, Riken Technos ranks #302 out of 1605 companies in the Chemicals industry, placing it in the top 18.8%.
Is Riken Technos' ROC (Joel Greenblatt) % too high?
Riken Technos' current ROC (Joel Greenblatt) % of 21.96% is 36% above median its 10-year median of 16.15. Over the past 10 years, this metric has ranged from a low of 13.07 to a high of 23.98. The Chemicals industry median ROC (Joel Greenblatt) % is 9.47. Riken Technos' value of 21.96% is 131.9% above this industry median. Based on the distribution chart, Riken Technos ranks #302 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Riken Technos has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Riken Technos' ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Riken Technos ranks #302 out of 1605 companies for ROC (Joel Greenblatt) %. This places Riken Technos in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.47. Riken Technos' value of 21.96% is 131.9% above this benchmark. Historically, Riken Technos' own ROC (Joel Greenblatt) % has ranged from 13.07 to 23.98 over the past decade. While the company's 10-year median is 16.15 vs. the industry median of 9.47, Riken Technos 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.47, based on 1,605 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. Riken Technos's current ROC (Joel Greenblatt) % of 21.96% is 131.9% 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 Riken Technos and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riken Technos's current ROC (Joel Greenblatt) % is 21.96%, which is 36% above median its own 10-year median of 16.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riken Technos stock overvalued right now?
Riken Technos (FRA:9B3) has a current ROC (Joel Greenblatt) % of 21.96%. The stock's GF Value™ is €6.80, compared to a current price of €9.61 — trading 41.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.96%, which is 36% above median its 10-year median of 16.15 and 131.9% above the Chemicals industry median of 9.47. Riken Technos' overall GF Score™ is 88/100 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 Riken Technos (FRA:9B3), the current ROC (Joel Greenblatt) % is 21.96% 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 Riken Technos (FRA:9B3) Overvalued in 2026?
Based on GuruFocus' analysis, Riken Technos stock appears to be overvalued.
The current stock price of €9.61 is trading 41.4% above its estimated GF Value™ of €6.80.
Key valuation signals for FRA:9B3:
ROC (Joel Greenblatt) %: 21.96% (36% above median its 10-year median of 16.15)
GF Value™: €6.80 vs. price of €9.61 (41.4% above fair value)
Industry Position: 131.9% above the Chemicals median (#302 of 1605)
No single metric tells the full story. See the FRA:9B3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riken Technos Corp engages in the production and sale of synthetic resin products. Its operations are carried out through the following businesses: Compound, Film, Food Wrapping, and Others. The compound unit deals with synthetic resin mixtures in the form of pellets as primary materials for plastic molded products. The Film business handles synthetic resin processed into films. The Food Wrapping business manages thin synthetic resin films for food packaging use.
88GF Score
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