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Shinwa CoNGO:7607 77 ROC (Joel Greenblatt) % is 42.34% as of Feb. 2026, which is 7% above its 10-year median of 39.72. GuruFocus rates NGO:7607 with a GF Score™ of 77/100 and a GF Value™ of 円2,619.12. The stock has 1 warning sign investors should review. Among 3,064 Industrial Products companies, Shinwa Co ranks better than 79.93% 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. Shinwa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 42.34%.
The historical rank and industry rank for Shinwa Co's ROC (Joel Greenblatt) % or its related term are showing as below:
NGO:7607'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.09 Med: 39.72 Max: 55.68
Current: 31.72
During the past 13 years, Shinwa Co's highest ROC (Joel Greenblatt) % was 55.68%. The lowest was 20.09%. And the median was 39.72%.
NGO:7607's ROC (Joel Greenblatt) % is ranked better than 79.93% of 3064
companies
in the Industrial Products industry
Industry Median: 11.725
vs NGO:7607: 31.72
Shinwa Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.50% per year.
Shinwa Co (NGO:7607) 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.
The historical data trend for Shinwa 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.
NGO:7607 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Shinwa 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.
Shinwa Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shinwa Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shinwa Co's ROC (Joel Greenblatt) % falls into.
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 (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 42.34% mean?
Shinwa Co (NGO:7607) has a ROC (Joel Greenblatt) % of 42.34% 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 Shinwa Co and its competitors. This is near median its historical median of 39.72. Over the past decade, Shinwa Co's ROC (Joel Greenblatt) % has ranged from 20.09 to 55.68. According to the industry distribution chart, Shinwa Co ranks #615 out of 3064 companies in the Industrial Products industry, placing it in the top 20.1%.
Is Shinwa Co's ROC (Joel Greenblatt) % too high?
Shinwa Co's current ROC (Joel Greenblatt) % of 42.34% is near median its 10-year median of 39.72. Over the past 10 years, this metric has ranged from a low of 20.09 to a high of 55.68. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Shinwa Co's value of 42.34% is 261.1% above this industry median. Based on the distribution chart, Shinwa Co ranks #615 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shinwa Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Shinwa Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shinwa Co ranks #615 out of 3064 companies for ROC (Joel Greenblatt) %. This places Shinwa Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. Shinwa Co's value of 42.34% is 261.1% above this benchmark. Historically, Shinwa Co's own ROC (Joel Greenblatt) % has ranged from 20.09 to 55.68 over the past decade. While the company's 10-year median is 39.72 vs. the industry median of 11.73, Shinwa 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,064 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. Shinwa Co's current ROC (Joel Greenblatt) % of 42.34% is 261.1% 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 Shinwa Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinwa Co's current ROC (Joel Greenblatt) % is 42.34%, which is near median its own 10-year median of 39.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Co stock overvalued right now?
Shinwa Co (NGO:7607) has a current ROC (Joel Greenblatt) % of 42.34%. The stock's GF Value™ is 円2,619.12, compared to a current price of 円2,464.00 — trading 5.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 42.34%, which is near median its 10-year median of 39.72 and 261.1% above the Industrial Products industry median of 11.73. Shinwa Co's overall GF Score™ is 77/100 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 Shinwa Co (NGO:7607), the current ROC (Joel Greenblatt) % is 42.34% 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 Shinwa Co (NGO:7607) Overvalued in 2026?
Based on GuruFocus' analysis, Shinwa Co stock appears to be undervalued.
The current stock price of 円2,464.00 is trading 5.9% below its estimated GF Value™ of 円2,619.12.
Key valuation signals for NGO:7607:
ROC (Joel Greenblatt) %: 42.34% (near median its 10-year median of 39.72)
GF Value™: 円2,619.12 vs. price of 円2,464.00 (5.9% below fair value)
Industry Position: 261.1% above the Industrial Products median (#615 of 3064)
No single metric tells the full story. See the NGO:7607 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinwa Co Ltd is an engineering, manufacturing, and international trading and logistics company. The deals in metal-joining, industrial machine and factory automation system related products, maintenance, re-condition and upgrade of machinery and equipment requiring specialized welding techniques.
77GF Score
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