Green Cross Co (FSE:7533) ROC (Joel Greenblatt) %: 19.38% (As of Apr. 2024)

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FSE:7533 Green Cross Co Ltd FSE:7533
12 GF Score
Price 円1,257.00
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What is Green Cross Co ROC (Joel Greenblatt) %?

Green Cross Co FSE:7533 12 ROC (Joel Greenblatt) % is 19.38% as of Apr. 2024. GuruFocus rates FSE:7533 with a GF Score™ of 12/100.

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. Green Cross Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was 19.38%.

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

FSE:7533's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 21.22
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Green Cross Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Green Cross Co  (FSE:7533) 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.


Green Cross Co ROC (Joel Greenblatt) % Related Terms


Green Cross Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Green Cross 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.

Green Cross Co ROC (Joel Greenblatt) % Chart

Green Cross Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.70 26.52 26.42 19.99 15.75

Green Cross Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 19.67 12.79 18.40 17.17 19.38

FSE:7533 vs URI, AER, FTAI: ROC (Joel Greenblatt) % Comparison

For the Rental & Leasing Services subindustry, Green Cross 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.


Green Cross Co ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Green Cross Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Green Cross Co's ROC (Joel Greenblatt) % falls into.


FSE:7533
12GF Score
Green Cross Co Ltd FSE:7533
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Cross 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:

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: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4042.845 + 3594.137 + 830.05) - (2684.94 + 0 + 3512.244)
=2269.848

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4341.382 + 3591.066 + 910.402) - (4047.103 + 0 + 2937.524)
=1858.223

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Green Cross Co for the quarter that ended in Apr. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2145.776/( ( (7704.957 + max(2269.848, 0)) + (10312.559 + max(1858.223, 0)) )/ 2 )
=2145.776/( ( 9974.805 + 12170.782 )/ 2 )
=2145.776/11072.7935
=19.38 %

Note: The EBIT data used here is four times the quarterly (Apr. 2024) 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 19.38% mean?
Green Cross Co (FSE:7533) has a ROC (Joel Greenblatt) % of 19.38% as of Apr. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Green Cross Co and its competitors.
Is Green Cross Co's ROC (Joel Greenblatt) % too high?
Green Cross Co's current ROC (Joel Greenblatt) % is 19.38%. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. Green Cross Co's value of 19.38% is 8.7% below this industry median. Overall, Green Cross Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Green Cross Co's ROC (Joel Greenblatt) % compare to URI and AER?
Green Cross Co's ROC (Joel Greenblatt) % of 19.38% can be compared against companies in the Business Services industry. The industry median ROC (Joel Greenblatt) % is 21.22. Green Cross Co's value of 19.38% is 8.7% below this benchmark. 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,081 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. Green Cross Co's current ROC (Joel Greenblatt) % of 19.38% is 8.7% 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 Green Cross Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Co's current ROC (Joel Greenblatt) % is 19.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Co stock overvalued right now?
Green Cross Co (FSE:7533) has a current ROC (Joel Greenblatt) % of 19.38%. The current ROC (Joel Greenblatt) % is 19.38% and 8.7% below the Business Services industry median of 21.22. Green Cross Co's overall GF Score™ is 12/100. 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 Green Cross Co (FSE:7533), the current ROC (Joel Greenblatt) % is 19.38% as of Apr. 2024. 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.

Green Cross Co Business Description

Address No. 34 No. 22 Ozasa 5-chome, Chuo-ku, Fukuoka, JPN
Green Cross Co Ltd is a Japan-based company that engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,257.00
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