Aska (NGO:7227) ROC (Joel Greenblatt) %: 11.74% (As of May. 2026) — 80% Above Median

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NGO:7227 Aska Corp NGO:7227
76 GF Score
Price 円1,850.00
GF Value 円1,550.59
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Aska ROC (Joel Greenblatt) %?

Aska NGO:7227 +2.21% 76 ROC (Joel Greenblatt) % is 11.74% as of May. 2026, which is 80% above its 10-year median of 6.53. GuruFocus rates NGO:7227 with a GF Score™ of 76/100 and a GF Value™ of 円1,550.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Aska ranks worse than 52.18% 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. Aska's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 11.74%.

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

NGO:7227' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.25   Med: 6.53   Max: 11.24
Current: 11.24

During the past 13 years, Aska's highest ROC (Joel Greenblatt) % was 11.24%. The lowest was 3.25%. And the median was 6.53%.

NGO:7227's ROC (Joel Greenblatt) % is ranked worse than
52.18% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs NGO:7227: 11.24

Aska's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.20% per year.


Aska  (NGO:7227) 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.


Aska ROC (Joel Greenblatt) % Related Terms


Aska ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aska'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.

Aska ROC (Joel Greenblatt) % Chart

Aska Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 6.30 8.05 8.52 10.32

Aska Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 10.61 6.25 9.24 11.08 11.74

NGO:7227 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Aska'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.


Aska ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aska's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NGO:7227
76GF Score
Aska Corp NGO:7227
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aska 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4945.927 + 4845.334 + 2230.865) - (5458.52 + 0 + 5061.35)
=1502.256

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5820.704 + 4315.72 + 2034.954) - (5160.089 + 0 + 3874.492)
=3136.797

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2821.538/( ( (20808.008 + max(1502.256, 0)) + (22640.341 + max(3136.797, 0)) )/ 2 )
=2821.538/( ( 22310.264 + 25777.138 )/ 2 )
=2821.538/24043.701
=11.74 %

Note: The EBIT data used here is two times the semi-annual (May. 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 11.74% mean?
Aska (NGO:7227) has a ROC (Joel Greenblatt) % of 11.74% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aska and its competitors. This is 80% above median its historical median of 6.53. Over the past decade, Aska's ROC (Joel Greenblatt) % has ranged from 3.25 to 11.24. According to the industry distribution chart, Aska ranks #695 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 52.2%.
Is Aska's ROC (Joel Greenblatt) % too high?
Aska's current ROC (Joel Greenblatt) % of 11.74% is 80% above median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 11.24. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Aska's value of 11.74% is 2.3% below this industry median. Based on the distribution chart, Aska ranks #695 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Aska has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aska's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aska ranks #695 out of 1332 companies for ROC (Joel Greenblatt) %. This places Aska in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Aska's value of 11.74% is 2.3% below this benchmark. Historically, Aska's own ROC (Joel Greenblatt) % has ranged from 3.25 to 11.24 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 12.02, Aska 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. Aska's current ROC (Joel Greenblatt) % of 11.74% is 2.3% 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 Aska and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aska's current ROC (Joel Greenblatt) % is 11.74%, which is 80% above median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aska stock overvalued right now?
Based on GuruFocus' analysis, Aska (NGO:7227) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,550.59, compared to a current price of 円1,850.00 — trading 19.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.74%, which is 80% above median its 10-year median of 6.53 and 2.3% below the Vehicles & Parts industry median of 12.02. Aska's overall GF Score™ is 76/100 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 Aska (NGO:7227), the current ROC (Joel Greenblatt) % is 11.74% as of May. 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 Aska (NGO:7227) Overvalued in 2026?

Based on GuruFocus' analysis, Aska stock appears to be overvalued. The current stock price of 円1,850.00 is trading 19.3% above its estimated GF Value™ of 円1,550.59. GuruFocus considers Aska to be Modestly Overvalued.

Key valuation signals for NGO:7227:

  • ROC (Joel Greenblatt) %: 11.74% (80% above median its 10-year median of 6.53)
  • GF Value™: 円1,550.59 vs. price of 円1,850.00 (19.3% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 2.3% below the Vehicles & Parts median (#695 of 1332)

No single metric tells the full story. See the NGO:7227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aska Business Description

Address 2-41-2 Shintomi-cho, Aichi Prefecture, Kariya, JPN, 448 0045
Aska Corp is a Japan based company engaged in manufacture and sale of automotive parts, control systems and robot systems, and it also engages in motorsports, rental and solar power businesses, and non-life insurance agency business.
76GF Score

Get the complete analysis for NGO:7227

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

円1,850.00
Price
円1,550.59
GF Value