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Candeal CoTSE:1446 +0.19%71 ROC (Joel Greenblatt) % is 275.55% as of Mar. 2026, which is 300% above its 10-year median of 68.85. GuruFocus rates TSE:1446 with a GF Score™ of 71/100 and a GF Value™ of 円673.84 (Modestly Undervalued). Among 1,786 Construction companies, Candeal Co ranks better than 89.98% 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. Candeal Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 275.55%.
The historical rank and industry rank for Candeal Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1446'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.04 Med: 68.85 Max: 129.34
Current: 129.34
During the past 10 years, Candeal Co's highest ROC (Joel Greenblatt) % was 129.34%. The lowest was 10.04%. And the median was 68.85%.
TSE:1446's ROC (Joel Greenblatt) % is ranked better than 89.98% of 1786
companies
in the Construction industry
Industry Median: 19.575
vs TSE:1446: 129.34
Candeal Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.80% per year.
Candeal Co (TSE:1446) 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.
Candeal Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Candeal 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:1446 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Candeal 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.
Candeal Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Candeal Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Candeal 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 (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 275.55% mean?
Candeal Co (TSE:1446) has a ROC (Joel Greenblatt) % of 275.55% 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 Candeal Co and its competitors. This is 300% above median its historical median of 68.85. Over the past decade, Candeal Co's ROC (Joel Greenblatt) % has ranged from 10.04 to 129.34. According to the industry distribution chart, Candeal Co ranks #179 out of 1786 companies in the Construction industry, placing it in the top 10%.
Is Candeal Co's ROC (Joel Greenblatt) % too high?
Candeal Co's current ROC (Joel Greenblatt) % of 275.55% is 300% above median its 10-year median of 68.85. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 129.34. The Construction industry median ROC (Joel Greenblatt) % is 19.58. Candeal Co's value of 275.55% is 1307.7% above this industry median. Based on the distribution chart, Candeal Co ranks #179 out of 1786 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Candeal Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Candeal Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Candeal Co ranks #179 out of 1786 companies for ROC (Joel Greenblatt) %. This places Candeal Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.58. Candeal Co's value of 275.55% is 1307.7% above this benchmark. Historically, Candeal Co's own ROC (Joel Greenblatt) % has ranged from 10.04 to 129.34 over the past decade. While the company's 10-year median is 68.85 vs. the industry median of 19.58, Candeal 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.58, based on 1,786 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. Candeal Co's current ROC (Joel Greenblatt) % of 275.55% is 1307.7% 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 Candeal Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candeal Co's current ROC (Joel Greenblatt) % is 275.55%, which is 300% above median its own 10-year median of 68.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candeal Co stock overvalued right now?
Based on GuruFocus' analysis, Candeal Co (TSE:1446) is currently considered Modestly Undervalued. The stock's GF Value™ is 円673.84, compared to a current price of 円538.00 — trading 20.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 275.55%, which is 300% above median its 10-year median of 68.85 and 1307.7% above the Construction industry median of 19.58. Candeal Co's overall GF Score™ is 71/100. 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 Candeal Co (TSE:1446), the current ROC (Joel Greenblatt) % is 275.55% 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 Candeal Co (TSE:1446) Overvalued in 2026?
Based on GuruFocus' analysis, Candeal Co stock appears to be undervalued.
The current stock price of 円538.00 is trading 20.2% below its estimated GF Value™ of 円673.84.
GuruFocus considers Candeal Co to be Modestly Undervalued.
Key valuation signals for TSE:1446:
ROC (Joel Greenblatt) %: 275.55% (300% above median its 10-year median of 68.85)
GF Value™: 円673.84 vs. price of 円538.00 (20.2% below fair value)
Industry Position: 1307.7% above the Construction median (#179 of 1786)
No single metric tells the full story. See the TSE:1446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Candeal Co Ltd provides building repair service to detached houses, apartment complexes, commercial facilities, and others. The company's services include repair and inspection service, construction service, and trading and distribution.
71GF Score
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