SECOM Co (STU:XSC) ROC (Joel Greenblatt) %: 43.55% (As of Mar. 2026) — 17% Above Median

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STU:XSC SECOM Co Ltd STU:XSC
83 GF Score
Price €35.60
GF Value €31.90
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is SECOM Co ROC (Joel Greenblatt) %?

SECOM Co STU:XSC -0.56% 83 ROC (Joel Greenblatt) % is 43.55% as of Mar. 2026, which is 17% above its 10-year median of 37.38. GuruFocus rates STU:XSC with a GF Score™ of 83/100 and a GF Value™ of €31.90 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,083 Business Services companies, SECOM Co ranks better than 63.43% 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. SECOM Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.55%.

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

STU:XSC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 32.05   Med: 37.38   Max: 38.19
Current: 37.96

During the past 13 years, SECOM Co's highest ROC (Joel Greenblatt) % was 38.19%. The lowest was 32.05%. And the median was 37.38%.

STU:XSC's ROC (Joel Greenblatt) % is ranked better than
63.43% of 1083 companies
in the Business Services industry
Industry Median: 21.22 vs STU:XSC: 37.96

SECOM Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.70% per year.


SECOM Co  (STU:XSC) 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.


SECOM Co ROC (Joel Greenblatt) % Related Terms


SECOM Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SECOM 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.

SECOM Co ROC (Joel Greenblatt) % Chart

SECOM 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 37.29 35.48 35.33 38.38 35.52

SECOM 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 38.56 33.00 32.85 39.89 43.55

STU:XSC vs ALLE, MSA, ADT: ROC (Joel Greenblatt) % Comparison

For the Security & Protection Services subindustry, SECOM 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.


SECOM Co ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, SECOM Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


STU:XSC
83GF Score
SECOM Co Ltd STU:XSC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SECOM 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)
=(775.718 + 321.033 + 440.81) - (581.201 + 0 + 1348.933)
=-392.573

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(986.246 + 325.678 + 467.925) - (781.937 + 0 + 1241.691)
=-243.779

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SECOM 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 )
=1152.324/( ( (2638.376 + max(-392.573, 0)) + (2653.97 + max(-243.779, 0)) )/ 2 )
=1152.324/( ( 2638.376 + 2653.97 )/ 2 )
=1152.324/2646.173
=43.55 %

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 43.55% mean?
SECOM Co (STU:XSC) has a ROC (Joel Greenblatt) % of 43.55% 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 SECOM Co and its competitors. This is 17% above median its historical median of 37.38. Over the past decade, SECOM Co's ROC (Joel Greenblatt) % has ranged from 32.05 to 38.19. According to the industry distribution chart, SECOM Co ranks #396 out of 1083 companies in the Business Services industry, placing it in the top 36.6%.
Is SECOM Co's ROC (Joel Greenblatt) % too high?
SECOM Co's current ROC (Joel Greenblatt) % of 43.55% is 17% above median its 10-year median of 37.38. Over the past 10 years, this metric has ranged from a low of 32.05 to a high of 38.19. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. SECOM Co's value of 43.55% is 105.2% above this industry median. Based on the distribution chart, SECOM Co ranks #396 out of 1083 companies in the Business Services industry, which is above the industry midpoint. Overall, SECOM Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SECOM Co's ROC (Joel Greenblatt) % compare to ALLE and MSA?
According to the Business Services industry distribution chart, SECOM Co ranks #396 out of 1083 companies for ROC (Joel Greenblatt) %. This puts SECOM Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. SECOM Co's value of 43.55% is 105.2% above this benchmark. Historically, SECOM Co's own ROC (Joel Greenblatt) % has ranged from 32.05 to 38.19 over the past decade. While the company's 10-year median is 37.38 vs. the industry median of 21.22, SECOM 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,083 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. SECOM Co's current ROC (Joel Greenblatt) % of 43.55% is 105.2% 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 SECOM Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SECOM Co's current ROC (Joel Greenblatt) % is 43.55%, which is 17% above median its own 10-year median of 37.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SECOM Co stock overvalued right now?
Based on GuruFocus' analysis, SECOM Co (STU:XSC) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.90, compared to a current price of €35.60 — trading 11.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.55%, which is 17% above median its 10-year median of 37.38 and 105.2% above the Business Services industry median of 21.22. SECOM Co's overall GF Score™ is 83/100 with 7 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 SECOM Co (STU:XSC), the current ROC (Joel Greenblatt) % is 43.55% 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 SECOM Co (STU:XSC) Overvalued in 2026?

Based on GuruFocus' analysis, SECOM Co stock appears to be overvalued. The current stock price of €35.60 is trading 11.6% above its estimated GF Value™ of €31.90. GuruFocus considers SECOM Co to be Modestly Overvalued.

Key valuation signals for STU:XSC:

  • ROC (Joel Greenblatt) %: 43.55% (17% above median its 10-year median of 37.38)
  • GF Value™: €31.90 vs. price of €35.60 (11.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 105.2% above the Business Services median (#396 of 1083)

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


SECOM Co Business Description

Address 1-5-1 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments. BPO ICT segment provides information security, disaster response, data center, and EPO services. Disaster Prevention supplies fire alarms, extinguishing systems, and other equipment for offices, plants, tunnels, cultural properties, ships, and homes. Geospatial Information Services offers mapping and related services to governments in Japan and abroad. Insurance designs products reflecting risk reduction and specialized health coverage. Medical Services covers home care, nursing, senior residences, medical records, and equipment sales. Security Services delivers centralized systems for safety and monitoring. Others include real estate leasing and construction support.
83GF Score

Get the complete analysis for STU:XSC

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

€35.60
Price
€31.90
GF Value