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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. KeePer Technical Laboratory Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 304.12%.
The historical rank and industry rank for KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % or its related term are showing as below:
NGO:6036'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.64 Med: 50.19 Max: 111.53
Current: 111.53
During the past 12 years, KeePer Technical Laboratory Co's highest ROC (Joel Greenblatt) % was 111.53%. The lowest was 26.64%. And the median was 50.19%.
NGO:6036's ROC (Joel Greenblatt) % is ranked better than 98.63% of 1605
companies
in the Chemicals industry
Industry Median: 9.72
vs NGO:6036: 111.53
KeePer Technical Laboratory Co (NGO:6036) 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.
* 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.
KeePer Technical Laboratory Co ROC (Joel Greenblatt) % Chart
NGO:6036 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, KeePer Technical Laboratory 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.
KeePer Technical Laboratory Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % falls into.
KeePer Technical Laboratory 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 four times the quarterly (Dec. 2025) 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 304.12% mean?
KeePer Technical Laboratory Co (NGO:6036) has a ROC (Joel Greenblatt) % of 304.12% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on KeePer Technical Laboratory Co and its competitors. This is 506% above median its historical median of 50.19. Over the past decade, KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % has ranged from 26.64 to 111.53. According to the industry distribution chart, KeePer Technical Laboratory Co ranks #22 out of 1605 companies in the Chemicals industry, placing it in the top 1.4%.
Is KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % too high?
KeePer Technical Laboratory Co's current ROC (Joel Greenblatt) % of 304.12% is 506% above median its 10-year median of 50.19. Over the past 10 years, this metric has ranged from a low of 26.64 to a high of 111.53. The Chemicals industry median ROC (Joel Greenblatt) % is 9.72. KeePer Technical Laboratory Co's value of 304.12% is 3028.8% above this industry median. Based on the distribution chart, KeePer Technical Laboratory Co ranks #22 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, KeePer Technical Laboratory Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does KeePer Technical Laboratory Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, KeePer Technical Laboratory Co ranks #22 out of 1605 companies for ROC (Joel Greenblatt) %. This places KeePer Technical Laboratory Co in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.72. KeePer Technical Laboratory Co's value of 304.12% is 3028.8% above this benchmark. Historically, KeePer Technical Laboratory Co's own ROC (Joel Greenblatt) % has ranged from 26.64 to 111.53 over the past decade. While the company's 10-year median is 50.19 vs. the industry median of 9.72, KeePer Technical Laboratory 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.72, based on 1,605 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. KeePer Technical Laboratory Co's current ROC (Joel Greenblatt) % of 304.12% is 3028.8% 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 KeePer Technical Laboratory Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KeePer Technical Laboratory Co's current ROC (Joel Greenblatt) % is 304.12%, which is 506% above median its own 10-year median of 50.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KeePer Technical Laboratory Co stock overvalued right now?
KeePer Technical Laboratory Co (NGO:6036) has a current ROC (Joel Greenblatt) % of 304.12%. The stock's GF Value™ is 円5,128.63, compared to a current price of 円2,570.00 — trading 49.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 304.12%, which is 506% above median its 10-year median of 50.19 and 3028.8% above the Chemicals industry median of 9.72. KeePer Technical Laboratory Co's overall GF Score™ is 80/100 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 KeePer Technical Laboratory Co (NGO:6036), the current ROC (Joel Greenblatt) % is 304.12% as of Dec. 2025. 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 KeePer Technical Laboratory Co (NGO:6036) Overvalued in 2026?
Based on GuruFocus' analysis, KeePer Technical Laboratory Co stock appears to be undervalued.
The current stock price of 円2,570.00 is trading 49.9% below its estimated GF Value™ of 円5,128.63.
Key valuation signals for NGO:6036:
ROC (Joel Greenblatt) %: 304.12% (506% above median its 10-year median of 50.19)
GF Value™: 円5,128.63 vs. price of 円2,570.00 (49.9% below fair value)
Industry Position: 3028.8% above the Chemicals median (#22 of 1605)
No single metric tells the full story. See the NGO:6036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KeePer Technical Laboratory Co Ltd engages in the development, manufacture and sale of car coating products. The firm provides chemicals and equipment for car coating and operates car coating shop. It engages in development of "Keeper PROSHOP" certified car coating technology shops and management of "Keeper LABO" car coating and car wash specialty shops.
80GF Score
Get the complete analysis for NGO:6036
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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