KYDKF (Kraftia) ROC (Joel Greenblatt) %: 37.08% (As of Mar. 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KYDKF Kraftia Corp KYDKF
87 GF Score
Price $39.90
GF Value $27.09
! 2 Warning Signs
View Full Analysis

What is Kraftia ROC (Joel Greenblatt) %?

Kraftia KYDKF 87 ROC (Joel Greenblatt) % is 37.08% as of Mar. 2026, which is 17% above its 10-year median of 31.70. GuruFocus rates KYDKF with a GF Score™ of 87/100 and a GF Value™ of $27.09. The stock has 2 warning signs investors should review. Among 1,779 Construction companies, Kraftia ranks better than 64.08% 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. Kraftia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.08%.

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

KYDKF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.64   Med: 31.7   Max: 36.97
Current: 31.75

During the past 13 years, Kraftia's highest ROC (Joel Greenblatt) % was 36.97%. The lowest was 26.64%. And the median was 31.70%.

KYDKF's ROC (Joel Greenblatt) % is ranked better than
64.08% of 1779 companies
in the Construction industry
Industry Median: 19.68 vs KYDKF: 31.75

Kraftia's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.20% per year.


Kraftia  (OTCPK:KYDKF) 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.


Kraftia ROC (Joel Greenblatt) % Related Terms


Kraftia ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kraftia'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.

Kraftia ROC (Joel Greenblatt) % Chart

Kraftia 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 27.49 25.11 26.88 30.10 31.05

Kraftia 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 31.02 30.07 25.61 31.95 37.08

KYDKF vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Kraftia'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.


Kraftia ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Kraftia's ROC (Joel Greenblatt) % distribution charts can be found below:

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


KYDKF
87GF Score
Kraftia Corp KYDKF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kraftia 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)
=(947.548 + 388.058 + 106.25) - (292.275 + 0 + 408.979)
=740.602

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1117.866 + 309.416 + 125.275) - (475.906 + 0 + 345.664)
=730.987

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kraftia 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 )
=472.564/( ( (540.326 + max(740.602, 0)) + (537.292 + max(730.987, 0)) )/ 2 )
=472.564/( ( 1280.928 + 1268.279 )/ 2 )
=472.564/1274.6035
=37.08 %

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 37.08% mean?
Kraftia (KYDKF) has a ROC (Joel Greenblatt) % of 37.08% 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 Kraftia and its competitors. This is 17% above median its historical median of 31.70. Over the past decade, Kraftia's ROC (Joel Greenblatt) % has ranged from 26.64 to 36.97. According to the industry distribution chart, Kraftia ranks #639 out of 1779 companies in the Construction industry, placing it in the top 35.9%.
Is Kraftia's ROC (Joel Greenblatt) % too high?
Kraftia's current ROC (Joel Greenblatt) % of 37.08% is 17% above median its 10-year median of 31.70. Over the past 10 years, this metric has ranged from a low of 26.64 to a high of 36.97. The Construction industry median ROC (Joel Greenblatt) % is 19.68. Kraftia's value of 37.08% is 88.4% above this industry median. Based on the distribution chart, Kraftia ranks #639 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Kraftia has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Kraftia's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kraftia ranks #639 out of 1779 companies for ROC (Joel Greenblatt) %. This puts Kraftia in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.68. Kraftia's value of 37.08% is 88.4% above this benchmark. Historically, Kraftia's own ROC (Joel Greenblatt) % has ranged from 26.64 to 36.97 over the past decade. While the company's 10-year median is 31.70 vs. the industry median of 19.68, Kraftia 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.68, based on 1,779 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. Kraftia's current ROC (Joel Greenblatt) % of 37.08% is 88.4% 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 Kraftia and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kraftia's current ROC (Joel Greenblatt) % is 37.08%, which is 17% above median its own 10-year median of 31.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kraftia stock overvalued right now?
Kraftia (KYDKF) has a current ROC (Joel Greenblatt) % of 37.08%. The stock's GF Value™ is $27.09, compared to a current price of $39.90 — trading 47.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 37.08%, which is 17% above median its 10-year median of 31.70 and 88.4% above the Construction industry median of 19.68. Kraftia's overall GF Score™ is 87/100 with 2 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 Kraftia (KYDKF), the current ROC (Joel Greenblatt) % is 37.08% 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 Kraftia (KYDKF) Overvalued in 2026?

Based on GuruFocus' analysis, Kraftia stock appears to be overvalued. The current stock price of $39.90 is trading 47.3% above its estimated GF Value™ of $27.09.

Key valuation signals for KYDKF:

  • ROC (Joel Greenblatt) %: 37.08% (17% above median its 10-year median of 31.70)
  • GF Value™: $27.09 vs. price of $39.90 (47.3% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 88.4% above the Construction median (#639 of 1779)

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


Kraftia Business Description

Other Exchanges 1959:Japan
Address 1-11-1 Tenjin, ONE FUKUOKA Building. 14th Floor, Chuo-ku, Fukuoka, JPN, 810-0001
Kraftia Corp is a Japanese construction company. The company is engaged in the design, construction, and administration of various facilities, including information and telecommunication facilities, power distribution facilities, underground power facilities, environmental facilities and systems, renewable energy facilities, electrical facilities design and construction, plumbing facilities, sanitation facilities, and fire-prevention facilities.
87GF Score

Get the complete analysis for KYDKF

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

$39.90
Price
$27.09
GF Value