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DaikyoNishikawaFRA:DK8 80 ROC (Joel Greenblatt) % is 11.61% as of Mar. 2026, which is 7% below its 10-year median of 12.52. GuruFocus rates FRA:DK8 with a GF Score™ of 80/100 and a GF Value™ of €3.80. The stock has 5 warning signs investors should review. Among 1,331 Vehicles & Parts companies, DaikyoNishikawa ranks better than 55.45% 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. DaikyoNishikawa's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.61%.
The historical rank and industry rank for DaikyoNishikawa's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:DK8'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.52 Med: 12.52 Max: 40.99
Current: 14.26
During the past 13 years, DaikyoNishikawa's highest ROC (Joel Greenblatt) % was 40.99%. The lowest was -0.52%. And the median was 12.52%.
FRA:DK8's ROC (Joel Greenblatt) % is ranked better than 55.45% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 12.07
vs FRA:DK8: 14.26
DaikyoNishikawa's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
DaikyoNishikawa ROC (Joel Greenblatt) % Related Terms
DaikyoNishikawa ROC (Joel Greenblatt) % Historical Data
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The historical data trend for DaikyoNishikawa'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:DK8 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, DaikyoNishikawa'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.
DaikyoNishikawa ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, DaikyoNishikawa's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where DaikyoNishikawa'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 11.61% mean?
DaikyoNishikawa (FRA:DK8) has a ROC (Joel Greenblatt) % of 11.61% 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 DaikyoNishikawa and its competitors. This is near median its historical median of 12.52. According to the industry distribution chart, DaikyoNishikawa ranks #593 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 44.6%.
Is DaikyoNishikawa's ROC (Joel Greenblatt) % too high?
DaikyoNishikawa's current ROC (Joel Greenblatt) % of 11.61% is near median its 10-year median of 12.52. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.07. DaikyoNishikawa's value of 11.61% is 3.8% below this industry median. Based on the distribution chart, DaikyoNishikawa ranks #593 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, DaikyoNishikawa has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does DaikyoNishikawa's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, DaikyoNishikawa ranks #593 out of 1331 companies for ROC (Joel Greenblatt) %. This puts DaikyoNishikawa in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.07. DaikyoNishikawa's value of 11.61% is 3.8% below this benchmark. While the company's 10-year median is 12.52 vs. the industry median of 12.07, DaikyoNishikawa has consistently been below 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.07, based on 1,331 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. DaikyoNishikawa's current ROC (Joel Greenblatt) % of 11.61% is 3.8% below 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 DaikyoNishikawa and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaikyoNishikawa's current ROC (Joel Greenblatt) % is 11.61%, which is near median its own 10-year median of 12.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaikyoNishikawa stock overvalued right now?
DaikyoNishikawa (FRA:DK8) has a current ROC (Joel Greenblatt) % of 11.61%. The stock's GF Value™ is €3.80, compared to a current price of €5.25 — trading 38.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.61%, which is near median its 10-year median of 12.52 and 3.8% below the Vehicles & Parts industry median of 12.07. DaikyoNishikawa's overall GF Score™ is 80/100 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 DaikyoNishikawa (FRA:DK8), the current ROC (Joel Greenblatt) % is 11.61% 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 DaikyoNishikawa (FRA:DK8) Overvalued in 2026?
Based on GuruFocus' analysis, DaikyoNishikawa stock appears to be overvalued.
The current stock price of €5.25 is trading 38.2% above its estimated GF Value™ of €3.80.
Key valuation signals for FRA:DK8:
ROC (Joel Greenblatt) %: 11.61% (near median its 10-year median of 12.52)
GF Value™: €3.80 vs. price of €5.25 (38.2% above fair value)
Industry Position: 3.8% below the Vehicles & Parts median (#593 of 1331)
No single metric tells the full story. See the FRA:DK8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DaikyoNishikawa Corp is primarily engaged in the manufacturing, engineering, and development of automotive and plastic parts. The company's automobile parts manufacturing division provides exterior, interior and engine parts. The plastic manufacturing division provides housing components such as bath unit parts, washstand and kitchen, and other parts. The company distributes its products within domestic market and to overseas markets.
80GF Score
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