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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. Nissou Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 0.00%.
The historical rank and industry rank for Nissou Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1444'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.01 Med: 164.26 Max: 472.82
Current: 8.01
During the past 10 years, Nissou Co's highest ROC (Joel Greenblatt) % was 472.82%. The lowest was 8.01%. And the median was 164.26%.
TSE:1444's ROC (Joel Greenblatt) % is ranked worse than 60.82% of 97
companies
in the Homebuilding & Construction industry
Industry Median: 10.81
vs TSE:1444: 8.01
Nissou Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -20.90% per year.
Nissou Co (TSE:1444) 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 Nissou 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.
TSE:1444 vs DHI, PHM, LEN: ROC (Joel Greenblatt) % Comparison
For the Residential Construction subindustry, Nissou 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.
Nissou Co ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nissou Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nissou 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 (Jan. 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 0.00% mean?
Nissou Co (TSE:1444) has a ROC (Joel Greenblatt) % of 0.00% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nissou Co and its competitors. Over the past decade, Nissou Co's ROC (Joel Greenblatt) % has ranged from 8.01 to 472.82. According to the industry distribution chart, Nissou Co ranks #59 out of 97 companies in the Homebuilding & Construction industry, placing it in the top 60.8%.
Is Nissou Co's ROC (Joel Greenblatt) % too high?
Nissou Co's current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 8.01 to a high of 472.82. Based on the distribution chart, Nissou Co ranks #59 out of 97 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Nissou Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nissou Co's ROC (Joel Greenblatt) % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Nissou Co ranks #59 out of 97 companies for ROC (Joel Greenblatt) %. This places Nissou Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.81. Historically, Nissou Co's own ROC (Joel Greenblatt) % has ranged from 8.01 to 472.82 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 10.81, based on 97 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 Nissou Co and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 10.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissou Co's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissou Co stock overvalued right now?
Based on GuruFocus' analysis, Nissou Co (TSE:1444) is currently considered Fairly Valued. The stock's GF Value™ is 円2,416.39, compared to a current price of 円2,589.00 — trading 7.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Nissou Co's overall GF Score™ is 83/100 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 Nissou Co (TSE:1444), the current ROC (Joel Greenblatt) % is 0.00% as of Jan. 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 Nissou Co (TSE:1444) Overvalued in 2026?
Based on GuruFocus' analysis, Nissou Co stock appears to be overvalued.
The current stock price of 円2,589.00 is trading 7.1% above its estimated GF Value™ of 円2,416.39.
GuruFocus considers Nissou Co to be Fairly Valued.
Key valuation signals for TSE:1444:
ROC (Joel Greenblatt) %: 0.00%
GF Value™: 円2,416.39 vs. price of 円2,589.00 (7.1% above fair value)
No single metric tells the full story. See the TSE:1444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissou Co Ltd is engaged in the provision of renovation works contracting services. The company offers its services under three categories. Construction restoration work services are mainly done in the interior work that occurs when the lessee is replaced. Its vacancy countermeasure renovation services allow the lessee to take advantage of renovation to the owner who suffers from vacancies. The company's renovation work service is a construction that drives to vacancy and rent-up countermeasures. In addition, it also renders indoor cleaning services after leaving the lessee.
83GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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