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Japan Cash Machine CoFRA:JCM -2.65%78 ROC (Joel Greenblatt) % is 10.29% as of Mar. 2026, which is 25% below its 10-year median of 13.71. GuruFocus rates FRA:JCM with a GF Score™ of 78/100 and a GF Value™ of €5.61. The stock has 2 warning signs investors should review. Among 3,060 Industrial Products companies, Japan Cash Machine Co ranks better than 84.15% 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. Japan Cash Machine Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.29%.
The historical rank and industry rank for Japan Cash Machine Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:JCM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -60.98 Med: 13.71 Max: 37.31
Current: 37.31
During the past 13 years, Japan Cash Machine Co's highest ROC (Joel Greenblatt) % was 37.31%. The lowest was -60.98%. And the median was 13.71%.
FRA:JCM's ROC (Joel Greenblatt) % is ranked better than 84.15% of 3060
companies
in the Industrial Products industry
Industry Median: 11.73
vs FRA:JCM: 37.31
Japan Cash Machine Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Japan Cash Machine Co (FRA:JCM) 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.
Japan Cash Machine Co ROC (Joel Greenblatt) % Related Terms
Japan Cash Machine Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Japan Cash Machine 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.
Japan Cash Machine Co ROC (Joel Greenblatt) % Chart
Japan Cash Machine Co ROC (Joel Greenblatt) % Competitor Comparison
For the Business Equipment & Supplies subindustry, Japan Cash Machine 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.
Japan Cash Machine Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Japan Cash Machine Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Japan Cash Machine Co's ROC (Joel Greenblatt) % falls into.
Japan Cash Machine 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 10.29% mean?
Japan Cash Machine Co (FRA:JCM) has a ROC (Joel Greenblatt) % of 10.29% 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 Japan Cash Machine Co and its competitors. This is 25% below median its historical median of 13.71. According to the industry distribution chart, Japan Cash Machine Co ranks #485 out of 3060 companies in the Industrial Products industry, placing it in the top 15.8%.
Is Japan Cash Machine Co's ROC (Joel Greenblatt) % too high?
Japan Cash Machine Co's current ROC (Joel Greenblatt) % of 10.29% is 25% below median its 10-year median of 13.71. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Japan Cash Machine Co's value of 10.29% is 12.3% below this industry median. Based on the distribution chart, Japan Cash Machine Co ranks #485 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Cash Machine Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Japan Cash Machine Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Industrial Products industry distribution chart, Japan Cash Machine Co ranks #485 out of 3060 companies for ROC (Joel Greenblatt) %. This places Japan Cash Machine Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. Japan Cash Machine Co's value of 10.29% is 12.3% below this benchmark. While the company's 10-year median is 13.71 vs. the industry median of 11.73, Japan Cash Machine Co 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,060 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. Japan Cash Machine Co's current ROC (Joel Greenblatt) % of 10.29% is 12.3% 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 Japan Cash Machine Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Cash Machine Co's current ROC (Joel Greenblatt) % is 10.29%, which is 25% below median its own 10-year median of 13.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Cash Machine Co stock overvalued right now?
Japan Cash Machine Co (FRA:JCM) has a current ROC (Joel Greenblatt) % of 10.29%. The stock's GF Value™ is €5.61, compared to a current price of €5.50 — trading 2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.29%, which is 25% below median its 10-year median of 13.71 and 12.3% below the Industrial Products industry median of 11.73. Japan Cash Machine Co's overall GF Score™ is 78/100 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 Japan Cash Machine Co (FRA:JCM), the current ROC (Joel Greenblatt) % is 10.29% 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 Japan Cash Machine Co (FRA:JCM) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Cash Machine Co stock appears to be undervalued.
The current stock price of €5.50 is trading 2% below its estimated GF Value™ of €5.61.
Key valuation signals for FRA:JCM:
ROC (Joel Greenblatt) %: 10.29% (25% below median its 10-year median of 13.71)
GF Value™: €5.61 vs. price of €5.50 (2% below fair value)
Industry Position: 12.3% below the Industrial Products median (#485 of 3060)
No single metric tells the full story. See the FRA:JCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Cash Machine Co Ltd is engaged in the manufacture and sale of money-handling and amusement center machines. The company operates through four segments. Its Global gaming segment includes the trade of bill validators, recyclers, and printers for casinos and original equipment manufacturer customers. The Overseas commercial segment consists of the sale of machines to overseas financial, distribution and transportation markets. Its Domestic commercial segment comprises of marketing of bill recycler units coin dispensers and foreign currency exchange machines for domestic markets. The company's Equipment for amusement industry segment is involved in the provision of ball and medal lending machines for slot machines.
78GF Score
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