TOUMEI Co (NGO:4439) ROC (Joel Greenblatt) %: 154.11% (As of Feb. 2026) — 280% Above Median

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NGO:4439 TOUMEI Co Ltd NGO:4439
74 GF Score
Price 円906.00
GF Value 円1,268.59
! 1 Warning Sign
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What is TOUMEI Co ROC (Joel Greenblatt) %?

TOUMEI Co NGO:4439 74 ROC (Joel Greenblatt) % is 154.11% as of Feb. 2026, which is 280% above its 10-year median of 40.54. GuruFocus rates NGO:4439 with a GF Score™ of 74/100 and a GF Value™ of 円1,268.59. The stock has 1 warning sign investors should review. Among 562 Conglomerates companies, TOUMEI Co ranks better than 94.66% 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. TOUMEI Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 154.11%.

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

NGO:4439' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.02   Med: 40.54   Max: 180.53
Current: 148.49

During the past 9 years, TOUMEI Co's highest ROC (Joel Greenblatt) % was 180.53%. The lowest was 11.02%. And the median was 40.54%.

NGO:4439's ROC (Joel Greenblatt) % is ranked better than
94.66% of 562 companies
in the Conglomerates industry
Industry Median: 14.68 vs NGO:4439: 148.49

TOUMEI Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.10% per year.


TOUMEI Co  (NGO:4439) 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.


TOUMEI Co ROC (Joel Greenblatt) % Related Terms


TOUMEI Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TOUMEI 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.

TOUMEI Co ROC (Joel Greenblatt) % Chart

TOUMEI Co Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 21.60 12.45 45.89 95.54 180.53

TOUMEI Co Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 85.95 145.60 173.58 151.82 154.11

NGO:4439 vs MMM, HON: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, TOUMEI 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.


TOUMEI Co ROC (Joel Greenblatt) % vs Conglomerates Industry

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

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


NGO:4439
74GF Score
TOUMEI Co Ltd NGO:4439
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOUMEI 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5714.883 + 277.867 + 834.841) - (4557.616 + 0 + 576.763)
=1693.212

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5357.262 + 386.702 + 1024.203) - (4439.997 + 0 + 385.379)
=1942.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of TOUMEI Co for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3314.686/( ( (249.4 + max(1693.212, 0)) + (416.335 + max(1942.791, 0)) )/ 2 )
=3314.686/( ( 1942.612 + 2359.126 )/ 2 )
=3314.686/2150.869
=154.11 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 154.11% mean?
TOUMEI Co (NGO:4439) has a ROC (Joel Greenblatt) % of 154.11% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on TOUMEI Co and its competitors. This is 280% above median its historical median of 40.54. Over the past decade, TOUMEI Co's ROC (Joel Greenblatt) % has ranged from 11.02 to 180.53. According to the industry distribution chart, TOUMEI Co ranks #30 out of 562 companies in the Conglomerates industry, placing it in the top 5.3%.
Is TOUMEI Co's ROC (Joel Greenblatt) % too high?
TOUMEI Co's current ROC (Joel Greenblatt) % of 154.11% is 280% above median its 10-year median of 40.54. Over the past 10 years, this metric has ranged from a low of 11.02 to a high of 180.53. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. TOUMEI Co's value of 154.11% is 949.8% above this industry median. Based on the distribution chart, TOUMEI Co ranks #30 out of 562 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, TOUMEI Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does TOUMEI Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, TOUMEI Co ranks #30 out of 562 companies for ROC (Joel Greenblatt) %. This places TOUMEI Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.68. TOUMEI Co's value of 154.11% is 949.8% above this benchmark. Historically, TOUMEI Co's own ROC (Joel Greenblatt) % has ranged from 11.02 to 180.53 over the past decade. While the company's 10-year median is 40.54 vs. the industry median of 14.68, TOUMEI 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 562 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. TOUMEI Co's current ROC (Joel Greenblatt) % of 154.11% is 949.8% 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 TOUMEI 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. TOUMEI Co's current ROC (Joel Greenblatt) % is 154.11%, which is 280% above median its own 10-year median of 40.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOUMEI Co stock overvalued right now?
TOUMEI Co (NGO:4439) has a current ROC (Joel Greenblatt) % of 154.11%. The stock's GF Value™ is 円1,268.59, compared to a current price of 円906.00 — trading 28.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 154.11%, which is 280% above median its 10-year median of 40.54 and 949.8% above the Conglomerates industry median of 14.68. TOUMEI Co's overall GF Score™ is 74/100 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 TOUMEI Co (NGO:4439), the current ROC (Joel Greenblatt) % is 154.11% as of Feb. 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 TOUMEI Co (NGO:4439) Overvalued in 2026?

Based on GuruFocus' analysis, TOUMEI Co stock appears to be undervalued. The current stock price of 円906.00 is trading 28.6% below its estimated GF Value™ of 円1,268.59.

Key valuation signals for NGO:4439:

  • ROC (Joel Greenblatt) %: 154.11% (280% above median its 10-year median of 40.54)
  • GF Value™: 円1,268.59 vs. price of 円906.00 (28.6% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 949.8% above the Conglomerates median (#30 of 562)

No single metric tells the full story. See the NGO:4439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOUMEI Co Business Description

Other Exchanges 4439:Japan
Address 2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001
TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.
74GF Score

Get the complete analysis for NGO:4439

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

円906.00
Price
円1,268.59
GF Value