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. Seiko Epson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.67%.
The historical rank and industry rank for Seiko Epson's ROC (Joel Greenblatt) % or its related term are showing as below:
SEKEY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.17 Med: 14.54 Max: 19.14
Current: 8.17
During the past 13 years, Seiko Epson's highest ROC (Joel Greenblatt) % was 19.14%. The lowest was 8.17%. And the median was 14.54%.
SEKEY's ROC (Joel Greenblatt) % is ranked worse than 54.04% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs SEKEY: 8.17
Seiko Epson's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.60% per year.
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.
Seiko Epson ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Seiko Epson'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.
SEKEY vs SNDK, DELL, STX: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Seiko Epson'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.
Seiko Epson ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Seiko Epson's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Seiko Epson'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 (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 -3.67% mean?
Seiko Epson (SEKEY) has a ROC (Joel Greenblatt) % of -3.67% 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 Seiko Epson and its competitors. Over the past decade, Seiko Epson's ROC (Joel Greenblatt) % has ranged from 8.17 to 19.14. According to the industry distribution chart, Seiko Epson ranks #1344 out of 2487 companies in the Hardware industry, placing it in the top 54%.
Is Seiko Epson's ROC (Joel Greenblatt) % too high?
Seiko Epson's current ROC (Joel Greenblatt) % is -3.67%. Over the past 10 years, this metric has ranged from a low of 8.17 to a high of 19.14. Based on the distribution chart, Seiko Epson ranks #1344 out of 2487 companies in the Hardware industry, which is below the industry midpoint. Overall, Seiko Epson has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seiko Epson's ROC (Joel Greenblatt) % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Seiko Epson ranks #1344 out of 2487 companies for ROC (Joel Greenblatt) %. This places Seiko Epson in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Historically, Seiko Epson's own ROC (Joel Greenblatt) % has ranged from 8.17 to 19.14 over the past decade. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,487 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. 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 Seiko Epson and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Epson's current ROC (Joel Greenblatt) % is -3.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Epson stock overvalued right now?
Based on GuruFocus' analysis, Seiko Epson (SEKEY) is currently considered Fairly Valued. The stock's GF Value™ is $7.82, compared to a current price of $8.55 — trading 9.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is -3.67%. Seiko Epson's overall GF Score™ is 78/100 with 11 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 Seiko Epson (SEKEY), the current ROC (Joel Greenblatt) % is -3.67% 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 Seiko Epson (SEKEY) Overvalued in 2026?
Based on GuruFocus' analysis, Seiko Epson stock appears to be overvalued.
The current stock price of $8.55 is trading 9.3% above its estimated GF Value™ of $7.82.
GuruFocus considers Seiko Epson to be Fairly Valued.
Key valuation signals for SEKEY:
ROC (Joel Greenblatt) %: -3.67%
GF Value™: $7.82 vs. price of $8.55 (9.3% above fair value)
No single metric tells the full story. See the SEKEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The company operates through three segments. The Manufacturing-related and Wearables segment includes industrial robots, small injection molding machines, watches, watch movements, crystal devices, semiconductors, metal powders, surface treatment, and PCs. The Printing Solutions segment covers office and home inkjet printers, serial impact dot matrix printers, page printers, color image scanners, dry office paper machines, commercial and industrial inkjet printers, POS system products, rubber printers, and related consumables. The Visual Communication segment focuses on LCD projectors, smart glasses, and related products. It generates the majority of revenue from the Printing Solutions segment.
78GF Score
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