Maeda Kosen Co (HAM:Z7K) ROC (Joel Greenblatt) %: 20.21% (As of Mar. 2026) — Near Median

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HAM:Z7K Maeda Kosen Co Ltd HAM:Z7K
80 GF Score
Price €10.80
GF Value €12.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Maeda Kosen Co ROC (Joel Greenblatt) %?

Maeda Kosen Co HAM:Z7K +2.86% 80 ROC (Joel Greenblatt) % is 20.21% as of Mar. 2026, which is 6% below its 10-year median of 21.54. GuruFocus rates HAM:Z7K with a GF Score™ of 80/100 and a GF Value™ of €12.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 411 Building Materials companies, Maeda Kosen Co ranks better than 83.94% 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. Maeda Kosen Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.21%.

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

HAM:Z7K' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.41   Med: 21.54   Max: 28.39
Current: 26.49

During the past 13 years, Maeda Kosen Co's highest ROC (Joel Greenblatt) % was 28.39%. The lowest was 14.41%. And the median was 21.54%.

HAM:Z7K's ROC (Joel Greenblatt) % is ranked better than
83.94% of 411 companies
in the Building Materials industry
Industry Median: 8.56 vs HAM:Z7K: 26.49

Maeda Kosen Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.50% per year.


Maeda Kosen Co  (HAM:Z7K) 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.


Maeda Kosen Co ROC (Joel Greenblatt) % Related Terms


Maeda Kosen Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Maeda Kosen 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.

Maeda Kosen Co ROC (Joel Greenblatt) % Chart

Maeda Kosen Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Jun23 Jun24 Jun25 Jun26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.14 18.16 24.61 28.66 25.82

Maeda Kosen Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 23.09 29.59 31.45 20.21 22.91

HAM:Z7K vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison

For the Building Materials subindustry, Maeda Kosen 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.


Maeda Kosen Co ROC (Joel Greenblatt) % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Maeda Kosen Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


HAM:Z7K
80GF Score
Maeda Kosen Co Ltd HAM:Z7K
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maeda Kosen 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.67 + 89.374 + 53.213) - (49.334 + 0 + 19.024)
=133.899

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.775 + 90.527 + 44.884) - (42.508 + 0 + 14.5)
=130.178

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Maeda Kosen Co 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 )
=58.916/( ( (158.279 + max(133.899, 0)) + (160.743 + max(130.178, 0)) )/ 2 )
=58.916/( ( 292.178 + 290.921 )/ 2 )
=58.916/291.5495
=20.21 %

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 20.21% mean?
Maeda Kosen Co (HAM:Z7K) has a ROC (Joel Greenblatt) % of 20.21% 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 Maeda Kosen Co and its competitors. This is near median its historical median of 21.54. Over the past decade, Maeda Kosen Co's ROC (Joel Greenblatt) % has ranged from 14.41 to 28.39. According to the industry distribution chart, Maeda Kosen Co ranks #66 out of 411 companies in the Building Materials industry, placing it in the top 16.1%.
Is Maeda Kosen Co's ROC (Joel Greenblatt) % too high?
Maeda Kosen Co's current ROC (Joel Greenblatt) % of 20.21% is near median its 10-year median of 21.54. Over the past 10 years, this metric has ranged from a low of 14.41 to a high of 28.39. The Building Materials industry median ROC (Joel Greenblatt) % is 8.56. Maeda Kosen Co's value of 20.21% is 136.1% above this industry median. Based on the distribution chart, Maeda Kosen Co ranks #66 out of 411 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Maeda Kosen Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maeda Kosen Co's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Maeda Kosen Co ranks #66 out of 411 companies for ROC (Joel Greenblatt) %. This places Maeda Kosen Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.56. Maeda Kosen Co's value of 20.21% is 136.1% above this benchmark. Historically, Maeda Kosen Co's own ROC (Joel Greenblatt) % has ranged from 14.41 to 28.39 over the past decade. While the company's 10-year median is 21.54 vs. the industry median of 8.56, Maeda Kosen 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.56, based on 411 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. Maeda Kosen Co's current ROC (Joel Greenblatt) % of 20.21% is 136.1% 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 Maeda Kosen Co and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maeda Kosen Co's current ROC (Joel Greenblatt) % is 20.21%, which is near median its own 10-year median of 21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maeda Kosen Co stock overvalued right now?
Based on GuruFocus' analysis, Maeda Kosen Co (HAM:Z7K) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.04, compared to a current price of €10.80 — trading 10.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.21%, which is near median its 10-year median of 21.54 and 136.1% above the Building Materials industry median of 8.56. Maeda Kosen Co's overall GF Score™ is 80/100 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 Maeda Kosen Co (HAM:Z7K), the current ROC (Joel Greenblatt) % is 20.21% 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 Maeda Kosen Co (HAM:Z7K) Overvalued in 2026?

Based on GuruFocus' analysis, Maeda Kosen Co stock appears to be undervalued. The current stock price of €10.80 is trading 10.3% below its estimated GF Value™ of €12.04. GuruFocus considers Maeda Kosen Co to be Modestly Undervalued.

Key valuation signals for HAM:Z7K:

  • ROC (Joel Greenblatt) %: 20.21% (near median its 10-year median of 21.54)
  • GF Value™: €12.04 vs. price of €10.80 (10.3% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 136.1% above the Building Materials median (#66 of 411)

No single metric tells the full story. See the HAM:Z7K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maeda Kosen Co Business Description

Other Exchanges 7821:Japan
Address 38-3 Okinunome, Harue-cho, Sakai-shi, Fukui, JPN, 919-0422
Maeda Kosen Co Ltd is a Japan-based company engaged in the preparation and maintenance of infrastructure by manufacturing and selling civil engineering materials. In addition, the company also manufactures, process and sells industrial materials and nonwoven fabrics to utilize various types of fibers as their raw materials. It is involved in the businesses of Social infrastructure, Human infrastructure, and Industry infrastructure.
80GF Score

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

€10.80
Price
€12.04
GF Value