SSNEF (Sanshin Electronics Co) ROC (Joel Greenblatt) %: 15.96% (As of Mar. 2026) — 121% Above Median


SSNEF Sanshin Electronics Co Ltd SSNEF
82 GF Score
Price $20.10
GF Value $18.15
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What is Sanshin Electronics Co ROC (Joel Greenblatt) %?

Sanshin Electronics Co SSNEF 82 ROC (Joel Greenblatt) % is 15.96% as of Mar. 2026, which is 121% above its 10-year median of 7.21. GuruFocus rates SSNEF with a GF Score™ of 82/100 and a GF Value™ of $18.15. Among 1,025 Semiconductors companies, Sanshin Electronics Co ranks better than 58.54% 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. Sanshin Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.96%.

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

SSNEF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.59   Med: 7.21   Max: 13.93
Current: 13.93

During the past 13 years, Sanshin Electronics Co's highest ROC (Joel Greenblatt) % was 13.93%. The lowest was -1.59%. And the median was 7.21%.

SSNEF's ROC (Joel Greenblatt) % is ranked better than
58.54% of 1025 companies
in the Semiconductors industry
Industry Median: 8.35 vs SSNEF: 13.93

Sanshin Electronics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.80% per year.


Sanshin Electronics Co  (OTCPK:SSNEF) 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.


Sanshin Electronics Co ROC (Joel Greenblatt) % Related Terms


Sanshin Electronics Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sanshin Electronics 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.

Sanshin Electronics Co ROC (Joel Greenblatt) % Chart

Sanshin Electronics Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 12.54 9.18 10.76 13.47

Sanshin Electronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.28 13.43 17.81 8.46 15.96

SSNEF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Sanshin Electronics 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.


Sanshin Electronics Co ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SSNEF
82GF Score
Sanshin Electronics Co Ltd SSNEF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanshin Electronics 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:

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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(263.83 + 121.143 + 48.693) - (101.85 + 0 + 16.387)
=315.429

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(267.118 + 132.151 + 47.359) - (124.777 + 0 + 26.443)
=295.408

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sanshin Electronics Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.052/( ( (39.938 + max(315.429, 0)) + (39.034 + max(295.408, 0)) )/ 2 )
=55.052/( ( 355.367 + 334.442 )/ 2 )
=55.052/344.9045
=15.96 %

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 15.96% mean?
Sanshin Electronics Co (SSNEF) has a ROC (Joel Greenblatt) % of 15.96% 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 Sanshin Electronics Co and its competitors. This is 121% above median its historical median of 7.21. According to the industry distribution chart, Sanshin Electronics Co ranks #425 out of 1025 companies in the Semiconductors industry, placing it in the top 41.5%.
Is Sanshin Electronics Co's ROC (Joel Greenblatt) % too high?
Sanshin Electronics Co's current ROC (Joel Greenblatt) % of 15.96% is 121% above median its 10-year median of 7.21. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.35. Sanshin Electronics Co's value of 15.96% is 91.1% above this industry median. Based on the distribution chart, Sanshin Electronics Co ranks #425 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Sanshin Electronics Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Sanshin Electronics Co's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Sanshin Electronics Co ranks #425 out of 1025 companies for ROC (Joel Greenblatt) %. This puts Sanshin Electronics Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.35. Sanshin Electronics Co's value of 15.96% is 91.1% above this benchmark. While the company's 10-year median is 7.21 vs. the industry median of 8.35, Sanshin Electronics 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.35, based on 1,025 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. Sanshin Electronics Co's current ROC (Joel Greenblatt) % of 15.96% is 91.1% 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 Sanshin Electronics Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanshin Electronics Co's current ROC (Joel Greenblatt) % is 15.96%, which is 121% above median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanshin Electronics Co stock overvalued right now?
Sanshin Electronics Co (SSNEF) has a current ROC (Joel Greenblatt) % of 15.96%. The stock's GF Value™ is $18.15, compared to a current price of $20.10 — trading 10.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.96%, which is 121% above median its 10-year median of 7.21 and 91.1% above the Semiconductors industry median of 8.35. Sanshin Electronics Co's overall GF Score™ is 82/100. 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 Sanshin Electronics Co (SSNEF), the current ROC (Joel Greenblatt) % is 15.96% 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 Sanshin Electronics Co (SSNEF) Overvalued in 2026?

Based on GuruFocus' analysis, Sanshin Electronics Co stock appears to be overvalued. The current stock price of $20.10 is trading 10.7% above its estimated GF Value™ of $18.15.

Key valuation signals for SSNEF:

  • ROC (Joel Greenblatt) %: 15.96% (121% above median its 10-year median of 7.21)
  • GF Value™: $18.15 vs. price of $20.10 (10.7% above fair value)
  • GF Score™: 82/100
  • Industry Position: 91.1% above the Semiconductors median (#425 of 1025)

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


Sanshin Electronics Co Business Description

Other Exchanges 8150:Japan
Address 4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404
Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.
82GF Score

Get the complete analysis for SSNEF

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

$20.10
Price
$18.15
GF Value