ITENF (Itochu Enex Co) ROC (Joel Greenblatt) %: 24.13% (As of Mar. 2026) — 21% Above Median


ITENF Itochu Enex Co Ltd ITENF
58 GF Score
Price $15.15
GF Value $10.41
! 5 Warning Signs
View Full Analysis

What is Itochu Enex Co ROC (Joel Greenblatt) %?

Itochu Enex Co ITENF 58 ROC (Joel Greenblatt) % is 24.13% as of Mar. 2026, which is 21% above its 10-year median of 19.89. GuruFocus rates ITENF with a GF Score™ of 58/100 and a GF Value™ of $10.41. The stock has 5 warning signs investors should review. Among 564 Conglomerates companies, Itochu Enex Co ranks better than 59.57% 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. Itochu Enex Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.13%.

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

ITENF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.42   Med: 19.89   Max: 23.5
Current: 20.7

During the past 13 years, Itochu Enex Co's highest ROC (Joel Greenblatt) % was 23.50%. The lowest was 15.42%. And the median was 19.89%.

ITENF's ROC (Joel Greenblatt) % is ranked better than
59.57% of 564 companies
in the Conglomerates industry
Industry Median: 14.68 vs ITENF: 20.70

Itochu Enex Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.70% per year.


Itochu Enex Co  (OTCPK:ITENF) 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.


Itochu Enex Co ROC (Joel Greenblatt) % Related Terms


Itochu Enex Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Itochu Enex 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.

Itochu Enex Co ROC (Joel Greenblatt) % Chart

Itochu Enex Co 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 15.03 14.47 17.00 22.32 20.00

Itochu Enex Co 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 14.29 19.40 17.13 21.44 24.13

ITENF vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Itochu Enex 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.


Itochu Enex Co ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itochu Enex Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ITENF
58GF Score
Itochu Enex Co Ltd ITENF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itochu Enex 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)
=(718.43 + 189.494 + 16.477) - (755.809 + 0 + 160.569)
=8.0229999999998

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(710.934 + 194.697 + 15.327) - (781.868 + 0 + 204.137)
=-65.047

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Itochu Enex 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 )
=201.356/( ( (833.852 + max(8.0229999999998, 0)) + (827.343 + max(-65.047, 0)) )/ 2 )
=201.356/( ( 841.875 + 827.343 )/ 2 )
=201.356/834.609
=24.13 %

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 24.13% mean?
Itochu Enex Co (ITENF) has a ROC (Joel Greenblatt) % of 24.13% 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 Itochu Enex Co and its competitors. This is 21% above median its historical median of 19.89. Over the past decade, Itochu Enex Co's ROC (Joel Greenblatt) % has ranged from 15.42 to 23.50. According to the industry distribution chart, Itochu Enex Co ranks #228 out of 564 companies in the Conglomerates industry, placing it in the top 40.4%.
Is Itochu Enex Co's ROC (Joel Greenblatt) % too high?
Itochu Enex Co's current ROC (Joel Greenblatt) % of 24.13% is 21% above median its 10-year median of 19.89. Over the past 10 years, this metric has ranged from a low of 15.42 to a high of 23.50. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Itochu Enex Co's value of 24.13% is 64.4% above this industry median. Based on the distribution chart, Itochu Enex Co ranks #228 out of 564 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Itochu Enex Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Itochu Enex Co's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Itochu Enex Co ranks #228 out of 564 companies for ROC (Joel Greenblatt) %. This puts Itochu Enex Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Itochu Enex Co's value of 24.13% is 64.4% above this benchmark. Historically, Itochu Enex Co's own ROC (Joel Greenblatt) % has ranged from 15.42 to 23.50 over the past decade. While the company's 10-year median is 19.89 vs. the industry median of 14.68, Itochu Enex 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 564 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. Itochu Enex Co's current ROC (Joel Greenblatt) % of 24.13% is 64.4% 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 Itochu Enex Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itochu Enex Co's current ROC (Joel Greenblatt) % is 24.13%, which is 21% above median its own 10-year median of 19.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itochu Enex Co stock overvalued right now?
Itochu Enex Co (ITENF) has a current ROC (Joel Greenblatt) % of 24.13%. The stock's GF Value™ is $10.41, compared to a current price of $15.15 — trading 45.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 24.13%, which is 21% above median its 10-year median of 19.89 and 64.4% above the Conglomerates industry median of 14.68. Itochu Enex Co's overall GF Score™ is 58/100 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 Itochu Enex Co (ITENF), the current ROC (Joel Greenblatt) % is 24.13% 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 Itochu Enex Co (ITENF) Overvalued in 2026?

Based on GuruFocus' analysis, Itochu Enex Co stock appears to be overvalued. The current stock price of $15.15 is trading 45.5% above its estimated GF Value™ of $10.41.

Key valuation signals for ITENF:

  • ROC (Joel Greenblatt) %: 24.13% (21% above median its 10-year median of 19.89)
  • GF Value™: $10.41 vs. price of $15.15 (45.5% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 64.4% above the Conglomerates median (#228 of 564)

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


Itochu Enex Co Business Description

Other Exchanges 8133:Japan96P:Germany
Address 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-6028
Itochu Enex Co Ltd is a Japan-based energy provider that operates through a host of businesses. The company's operations are divided into the following segments: home-life, power and utility, car-life, and energy trade. Through these businesses, Itochu supplies its customer base in Japan with LP gas and town gas for homes and businesses. The company also sells a range of automotive fuels through its car-life stations. Alongside the car-life stations, under the car-life Division, Itochu Enex houses a car dealer and credit card business. Through separate divisions, the company operates electric-power-related and heat-supply businesses, along with selling a variety of petroleum products for industrial and marine use.
58GF Score

Get the complete analysis for ITENF

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

$15.15
Price
$10.41
GF Value