NS Solutions (FSE:2327) ROC (Joel Greenblatt) %: 70.85% (As of Mar. 2026) — 127% Above Median

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FSE:2327 NS Solutions Corp FSE:2327
82 GF Score
Price 円3,777.00
GF Value 円4,024.61
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is NS Solutions ROC (Joel Greenblatt) %?

NS Solutions FSE:2327 -2.05% 82 ROC (Joel Greenblatt) % is 70.85% as of Mar. 2026, which is 127% above its 10-year median of 31.15. GuruFocus rates FSE:2327 with a GF Score™ of 82/100 and a GF Value™ of 円4,024.61 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,816 Software companies, NS Solutions ranks better than 67.4% 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. NS Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 70.85%.

The historical rank and industry rank for NS Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:

FSE:2327' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.31   Med: 31.15   Max: 73.52
Current: 72.58

During the past 13 years, NS Solutions's highest ROC (Joel Greenblatt) % was 73.52%. The lowest was 22.31%. And the median was 31.15%.

FSE:2327's ROC (Joel Greenblatt) % is ranked better than
67.4% of 2816 companies
in the Software industry
Industry Median: 20.03 vs FSE:2327: 72.58

NS Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.70% per year.


NS Solutions  (FSE:2327) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


NS Solutions ROC (Joel Greenblatt) % Related Terms


NS Solutions ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NS Solutions'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.

NS Solutions ROC (Joel Greenblatt) % Chart

NS Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.65 46.98 47.68 62.39 73.52

NS Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.25 70.01 69.36 78.50 70.85

FSE:2327 vs : ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, NS Solutions'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.


NS Solutions ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, NS Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NS Solutions's ROC (Joel Greenblatt) % falls into.


FSE:2327
82GF Score
NS Solutions Corp FSE:2327
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NS Solutions 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56514 + 31417 + 15831) - (29311 + 0 + 42827)
=31624

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73515 + 32973 + 18445) - (34887 + 0 + 52242)
=37804

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NS Solutions for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=54316/( ( (42481 + max(31624, 0)) + (41413 + max(37804, 0)) )/ 2 )
=54316/( ( 74105 + 79217 )/ 2 )
=54316/76661
=70.85 %

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 70.85% mean?
NS Solutions (FSE:2327) has a ROC (Joel Greenblatt) % of 70.85% 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 NS Solutions and its competitors. This is 127% above median its historical median of 31.15. Over the past decade, NS Solutions' ROC (Joel Greenblatt) % has ranged from 22.31 to 73.52. According to the industry distribution chart, NS Solutions ranks #918 out of 2816 companies in the Software industry, placing it in the top 32.6%.
Is NS Solutions' ROC (Joel Greenblatt) % too high?
NS Solutions' current ROC (Joel Greenblatt) % of 70.85% is 127% above median its 10-year median of 31.15. Over the past 10 years, this metric has ranged from a low of 22.31 to a high of 73.52. The Software industry median ROC (Joel Greenblatt) % is 20.03. NS Solutions' value of 70.85% is 253.7% above this industry median. Based on the distribution chart, NS Solutions ranks #918 out of 2816 companies in the Software industry, which is above the industry midpoint. Overall, NS Solutions has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NS Solutions' ROC (Joel Greenblatt) % compare to ?
According to the Software industry distribution chart, NS Solutions ranks #918 out of 2816 companies for ROC (Joel Greenblatt) %. This puts NS Solutions in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.03. NS Solutions' value of 70.85% is 253.7% above this benchmark. Historically, NS Solutions' own ROC (Joel Greenblatt) % has ranged from 22.31 to 73.52 over the past decade. While the company's 10-year median is 31.15 vs. the industry median of 20.03, NS Solutions 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.03, based on 2,816 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. NS Solutions's current ROC (Joel Greenblatt) % of 70.85% is 253.7% 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 NS Solutions and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NS Solutions's current ROC (Joel Greenblatt) % is 70.85%, which is 127% above median its own 10-year median of 31.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NS Solutions stock overvalued right now?
Based on GuruFocus' analysis, NS Solutions (FSE:2327) is currently considered Fairly Valued. The stock's GF Value™ is 円4,024.61, compared to a current price of 円3,777.00 — trading 6.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 70.85%, which is 127% above median its 10-year median of 31.15 and 253.7% above the Software industry median of 20.03. NS Solutions' overall GF Score™ is 82/100 with 1 warning sign 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 NS Solutions (FSE:2327), the current ROC (Joel Greenblatt) % is 70.85% 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 NS Solutions (FSE:2327) Overvalued in 2026?

Based on GuruFocus' analysis, NS Solutions stock appears to be undervalued. The current stock price of 円3,777.00 is trading 6.2% below its estimated GF Value™ of 円4,024.61. GuruFocus considers NS Solutions to be Fairly Valued.

Key valuation signals for FSE:2327:

  • ROC (Joel Greenblatt) %: 70.85% (127% above median its 10-year median of 31.15)
  • GF Value™: 円4,024.61 vs. price of 円3,777.00 (6.2% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 253.7% above the Software median (#918 of 2816)

No single metric tells the full story. See the FSE:2327 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NS Solutions Business Description

Comparable Companies
Other Exchanges 2327:Japan
Address 20-15, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8283
NS Solutions Corp is a Japan-based provider of information technology solutions. The firm's operations are organized in two segments: business solutions and service solutions. Business solutions includes products geared toward manufacturing, retail, service, financial services, and government- and public-sector end markets. Services solutions relates to the firm's offerings in the cloud. The firm generates revenue in Japan and the rest of the Asia-Pacific region, the United States, Europe, and other parts of the world.
82GF Score

Get the complete analysis for FSE:2327

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,777.00
Price
円4,024.61
GF Value