Tokyo Seimitsu CoFRA:TYS -0.97%85 ROC (Joel Greenblatt) % is 39.12% as of Mar. 2026, which is 38% above its 10-year median of 28.26. GuruFocus rates FRA:TYS with a GF Score™ of 85/100 and a GF Value™ of €56.57. The stock has 5 warning signs investors should review. Among 1,025 Semiconductors companies, Tokyo Seimitsu Co ranks better than 71.32% 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. Tokyo Seimitsu Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.12%.
The historical rank and industry rank for Tokyo Seimitsu Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:TYS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.84 Med: 28.26 Max: 40.87
Current: 25.32
During the past 13 years, Tokyo Seimitsu Co's highest ROC (Joel Greenblatt) % was 40.87%. The lowest was 15.84%. And the median was 28.26%.
FRA:TYS's ROC (Joel Greenblatt) % is ranked better than 71.32% of 1025
companies
in the Semiconductors industry
Industry Median: 8.19
vs FRA:TYS: 25.32
Tokyo Seimitsu Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.00% per year.
Tokyo Seimitsu Co (FRA:TYS) 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.
Tokyo Seimitsu Co ROC (Joel Greenblatt) % Related Terms
Tokyo Seimitsu Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tokyo Seimitsu 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:TYS vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, Tokyo Seimitsu 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.
Tokyo Seimitsu Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tokyo Seimitsu Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tokyo Seimitsu Co's ROC (Joel Greenblatt) % falls into.
Tokyo Seimitsu 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 39.12% mean?
Tokyo Seimitsu Co (FRA:TYS) has a ROC (Joel Greenblatt) % of 39.12% 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 Tokyo Seimitsu Co and its competitors. This is 38% above median its historical median of 28.26. Over the past decade, Tokyo Seimitsu Co's ROC (Joel Greenblatt) % has ranged from 15.84 to 40.87. According to the industry distribution chart, Tokyo Seimitsu Co ranks #294 out of 1025 companies in the Semiconductors industry, placing it in the top 28.7%.
Is Tokyo Seimitsu Co's ROC (Joel Greenblatt) % too high?
Tokyo Seimitsu Co's current ROC (Joel Greenblatt) % of 39.12% is 38% above median its 10-year median of 28.26. Over the past 10 years, this metric has ranged from a low of 15.84 to a high of 40.87. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.19. Tokyo Seimitsu Co's value of 39.12% is 377.7% above this industry median. Based on the distribution chart, Tokyo Seimitsu Co ranks #294 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Tokyo Seimitsu Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Seimitsu Co's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tokyo Seimitsu Co ranks #294 out of 1025 companies for ROC (Joel Greenblatt) %. This puts Tokyo Seimitsu Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.19. Tokyo Seimitsu Co's value of 39.12% is 377.7% above this benchmark. Historically, Tokyo Seimitsu Co's own ROC (Joel Greenblatt) % has ranged from 15.84 to 40.87 over the past decade. While the company's 10-year median is 28.26 vs. the industry median of 8.19, Tokyo Seimitsu 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.19, based on 1,025 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. Tokyo Seimitsu Co's current ROC (Joel Greenblatt) % of 39.12% is 377.7% 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 Tokyo Seimitsu Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Seimitsu Co's current ROC (Joel Greenblatt) % is 39.12%, which is 38% above median its own 10-year median of 28.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Seimitsu Co stock overvalued right now?
Tokyo Seimitsu Co (FRA:TYS) has a current ROC (Joel Greenblatt) % of 39.12%. The stock's GF Value™ is €56.57, compared to a current price of €102.00 — trading 80.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 39.12%, which is 38% above median its 10-year median of 28.26 and 377.7% above the Semiconductors industry median of 8.19. Tokyo Seimitsu Co's overall GF Score™ is 85/100 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 Tokyo Seimitsu Co (FRA:TYS), the current ROC (Joel Greenblatt) % is 39.12% 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 Tokyo Seimitsu Co (FRA:TYS) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Seimitsu Co stock appears to be overvalued.
The current stock price of €102.00 is trading 80.3% above its estimated GF Value™ of €56.57.
Key valuation signals for FRA:TYS:
ROC (Joel Greenblatt) %: 39.12% (38% above median its 10-year median of 28.26)
GF Value™: €56.57 vs. price of €102.00 (80.3% above fair value)
Industry Position: 377.7% above the Semiconductors median (#294 of 1025)
No single metric tells the full story. See the FRA:TYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Seimitsu Co Ltd is engaged in the manufacture and sale of semiconductor manufacturing equipment and measuring instruments. The group has two reportable segments: Semiconductor Manufacturing Equipment and Measuring Instruments. The Semiconductor Manufacturing Equipment segment produces wafer probing machines, wafer dicing machines, polish grinders, wafer manufacturing machines, CMP equipment, and precision cutting blades. The Measuring Instruments segment manufactures 3D coordinate measuring machines, roundness and cylindrical shape measuring machines, surface roughness and contour shape measuring machines, and various automatic measuring, sorting, and assembly machines. It generates the majority of its revenue from the Semiconductor Manufacturing Equipment segment.
85GF 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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