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Fujiyama Power SystemsNSE:UTLSOLAR -2.87%17 ROC (Joel Greenblatt) % is 22.52% as of Jun. 2026, which is 1% above its 10-year median of 22.29. GuruFocus rates NSE:UTLSOLAR with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,032 Semiconductors companies, Fujiyama Power Systems ranks better than 71.32% 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. Fujiyama Power Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22.52%.
The historical rank and industry rank for Fujiyama Power Systems's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:UTLSOLAR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.45 Med: 22.29 Max: 42.06
Current: 31.81
During the past 5 years, Fujiyama Power Systems's highest ROC (Joel Greenblatt) % was 42.06%. The lowest was 14.45%. And the median was 22.29%.
NSE:UTLSOLAR's ROC (Joel Greenblatt) % is ranked better than 71.32% of 1032
companies
in the Semiconductors industry
Industry Median: 12.435
vs NSE:UTLSOLAR: 31.81
Fujiyama Power Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Fujiyama Power Systems (NSE:UTLSOLAR) 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.
Fujiyama Power Systems ROC (Joel Greenblatt) % Related Terms
Fujiyama Power Systems ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Fujiyama Power Systems'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.
Fujiyama Power Systems ROC (Joel Greenblatt) % Chart
NSE:UTLSOLAR vs FSLR, NXT, ENPH: ROC (Joel Greenblatt) % Comparison
For the Solar subindustry, Fujiyama Power Systems'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.
Fujiyama Power Systems ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Fujiyama Power Systems's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fujiyama Power Systems's ROC (Joel Greenblatt) % falls into.
Fujiyama Power Systems 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 (Jun. 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 22.52% mean?
Fujiyama Power Systems (NSE:UTLSOLAR) has a ROC (Joel Greenblatt) % of 22.52% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fujiyama Power Systems and its competitors. This is near median its historical median of 22.29. Over the past decade, Fujiyama Power Systems' ROC (Joel Greenblatt) % has ranged from 14.45 to 42.06. According to the industry distribution chart, Fujiyama Power Systems ranks #296 out of 1032 companies in the Semiconductors industry, placing it in the top 28.7%.
Is Fujiyama Power Systems' ROC (Joel Greenblatt) % too high?
Fujiyama Power Systems' current ROC (Joel Greenblatt) % of 22.52% is near median its 10-year median of 22.29. Over the past 10 years, this metric has ranged from a low of 14.45 to a high of 42.06. The Semiconductors industry median ROC (Joel Greenblatt) % is 12.44. Fujiyama Power Systems' value of 22.52% is 81.1% above this industry median. Based on the distribution chart, Fujiyama Power Systems ranks #296 out of 1032 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Fujiyama Power Systems has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Fujiyama Power Systems' ROC (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Fujiyama Power Systems ranks #296 out of 1032 companies for ROC (Joel Greenblatt) %. This puts Fujiyama Power Systems in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.44. Fujiyama Power Systems' value of 22.52% is 81.1% above this benchmark. Historically, Fujiyama Power Systems' own ROC (Joel Greenblatt) % has ranged from 14.45 to 42.06 over the past decade. While the company's 10-year median is 22.29 vs. the industry median of 12.44, Fujiyama Power Systems 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 12.44, based on 1,032 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. Fujiyama Power Systems's current ROC (Joel Greenblatt) % of 22.52% is 81.1% 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 Fujiyama Power Systems and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 12.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujiyama Power Systems's current ROC (Joel Greenblatt) % is 22.52%, which is near median its own 10-year median of 22.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujiyama Power Systems stock overvalued right now?
Fujiyama Power Systems (NSE:UTLSOLAR) has a current ROC (Joel Greenblatt) % of 22.52%. The current ROC (Joel Greenblatt) % is 22.52%, which is near median its 10-year median of 22.29 and 81.1% above the Semiconductors industry median of 12.44. Fujiyama Power Systems' overall GF Score™ is 17/100 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 Fujiyama Power Systems (NSE:UTLSOLAR), the current ROC (Joel Greenblatt) % is 22.52% as of Jun. 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.
Fujiyama Power Systems Ltd is a manufacturer of products and solution provider in the roof-top solar industry, including on-grid, off-grid and hybrid solar systems. The company operates under its brands 'UTL Solar' and 'Fujiyama Solar'. Its offerings include solar PCUs, solar off-grid, on-grid and hybrid inverters, solar panels, pulse width modulation (PWM) chargers and other battery chargers, lithium-ion and tubular batteries, online uninterruptible power supply systems, offline UPS systems, solar management units and solar charge controllers. Additionally, the company provides chargers for three-wheeler electric autorickshaws (E-Rickshaws) and lithium-ion batteries. The company generates the majority of its revenue from the sales of its Solar Panels.
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