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Chubu Steel Plate CoNGO:5461 74 ROC (Joel Greenblatt) % is 5.47% as of Mar. 2026, which is 46% below its 10-year median of 10.06. GuruFocus rates NGO:5461 with a GF Score™ of 74/100 and a GF Value™ of 円1,826.28. The stock has 6 warning signs investors should review. Among 632 Steel companies, Chubu Steel Plate Co ranks worse than 59.02% 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. Chubu Steel Plate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.47%.
The historical rank and industry rank for Chubu Steel Plate Co's ROC (Joel Greenblatt) % or its related term are showing as below:
NGO:5461'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.59 Med: 10.06 Max: 30.86
Current: 4.59
During the past 13 years, Chubu Steel Plate Co's highest ROC (Joel Greenblatt) % was 30.86%. The lowest was 4.59%. And the median was 10.06%.
NGO:5461's ROC (Joel Greenblatt) % is ranked worse than 59.02% of 632
companies
in the Steel industry
Industry Median: 7.185
vs NGO:5461: 4.59
Chubu Steel Plate Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.60% per year.
Chubu Steel Plate Co (NGO:5461) 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.
Chubu Steel Plate Co ROC (Joel Greenblatt) % Related Terms
Chubu Steel Plate Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Chubu Steel Plate 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.
Chubu Steel Plate Co ROC (Joel Greenblatt) % Chart
NGO:5461 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Chubu Steel Plate 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.
Chubu Steel Plate Co ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Chubu Steel Plate Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chubu Steel Plate Co's ROC (Joel Greenblatt) % falls into.
Chubu Steel Plate 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:
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.
Note:
The EBIT data used here is two times the semi-annual (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 5.47% mean?
Chubu Steel Plate Co (NGO:5461) has a ROC (Joel Greenblatt) % of 5.47% 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 Chubu Steel Plate Co and its competitors. This is 46% below median its historical median of 10.06. Over the past decade, Chubu Steel Plate Co's ROC (Joel Greenblatt) % has ranged from 4.59 to 30.86. According to the industry distribution chart, Chubu Steel Plate Co ranks #373 out of 632 companies in the Steel industry, placing it in the top 59%.
Is Chubu Steel Plate Co's ROC (Joel Greenblatt) % too high?
Chubu Steel Plate Co's current ROC (Joel Greenblatt) % of 5.47% is 46% below median its 10-year median of 10.06. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 30.86. The Steel industry median ROC (Joel Greenblatt) % is 7.19. Chubu Steel Plate Co's value of 5.47% is 23.9% below this industry median. Based on the distribution chart, Chubu Steel Plate Co ranks #373 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Chubu Steel Plate Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Steel Plate Co's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Chubu Steel Plate Co ranks #373 out of 632 companies for ROC (Joel Greenblatt) %. This places Chubu Steel Plate Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 7.19. Chubu Steel Plate Co's value of 5.47% is 23.9% below this benchmark. Historically, Chubu Steel Plate Co's own ROC (Joel Greenblatt) % has ranged from 4.59 to 30.86 over the past decade. While the company's 10-year median is 10.06 vs. the industry median of 7.19, Chubu Steel Plate Co has consistently been below 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.19, based on 632 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. Chubu Steel Plate Co's current ROC (Joel Greenblatt) % of 5.47% is 23.9% 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 Chubu Steel Plate Co and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Steel Plate Co's current ROC (Joel Greenblatt) % is 5.47%, which is 46% below median its own 10-year median of 10.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Steel Plate Co stock overvalued right now?
Chubu Steel Plate Co (NGO:5461) has a current ROC (Joel Greenblatt) % of 5.47%. The stock's GF Value™ is 円1,826.28, compared to a current price of 円2,082.00 — trading 14% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.47%, which is 46% below median its 10-year median of 10.06 and 23.9% below the Steel industry median of 7.19. Chubu Steel Plate Co's overall GF Score™ is 74/100 with 6 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 Chubu Steel Plate Co (NGO:5461), the current ROC (Joel Greenblatt) % is 5.47% 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 Chubu Steel Plate Co (NGO:5461) Overvalued in 2026?
Based on GuruFocus' analysis, Chubu Steel Plate Co stock appears to be overvalued.
The current stock price of 円2,082.00 is trading 14% above its estimated GF Value™ of 円1,826.28.
Key valuation signals for NGO:5461:
ROC (Joel Greenblatt) %: 5.47% (46% below median its 10-year median of 10.06)
GF Value™: 円1,826.28 vs. price of 円2,082.00 (14% above fair value)
Industry Position: 23.9% below the Steel median (#373 of 632)
No single metric tells the full story. See the NGO:5461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and the cutting of steel plates in Japan. The company's segment includes Steel-related business, Rental Business, Logistics business, and Engineering Business. The company generates the majority of its revenue from Steel-related business, which manufactures and sells thick steel plate products using electric furnaces.
74GF Score
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