K&O Energy Group (TSE:1663) ROC (Joel Greenblatt) %: 21.55% (As of Dec. 2025) — 99% Above Median


TSE:1663 K&O Energy Group Inc TSE:1663
72 GF Score
Price 円3,805.00
GF Value 円2,978.26
Valuation Modestly Overvalued
! 2 Warning Signs
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What is K&O Energy Group ROC (Joel Greenblatt) %?

K&O Energy Group TSE:1663 -0.39% 72 ROC (Joel Greenblatt) % is 21.55% as of Dec. 2025, which is 99% above its 10-year median of 10.83. GuruFocus rates TSE:1663 with a GF Score™ of 72/100 and a GF Value™ of 円2,978.26 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 505 Utilities - Regulated companies, K&O Energy Group ranks better than 79.41% 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. K&O Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.55%.

The historical rank and industry rank for K&O Energy Group's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:1663' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.88   Med: 10.83   Max: 29.69
Current: 26.61

During the past 12 years, K&O Energy Group's highest ROC (Joel Greenblatt) % was 29.69%. The lowest was 7.88%. And the median was 10.83%.

TSE:1663's ROC (Joel Greenblatt) % is ranked better than
79.41% of 505 companies
in the Utilities - Regulated industry
Industry Median: 10.71 vs TSE:1663: 26.61

K&O Energy Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.70% per year.


K&O Energy Group  (TSE:1663) 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.


K&O Energy Group ROC (Joel Greenblatt) % Related Terms


K&O Energy Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for K&O Energy Group'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.

K&O Energy Group ROC (Joel Greenblatt) % Chart

K&O Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.61 18.57 23.93 22.35 29.69

K&O Energy Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 44.73 31.07 20.64 21.55 33.41

TSE:1663 vs ATO, NI: ROC (Joel Greenblatt) % Comparison

For the Utilities - Regulated Gas subindustry, K&O Energy Group'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.


K&O Energy Group ROC (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K&O Energy Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where K&O Energy Group's ROC (Joel Greenblatt) % falls into.


TSE:1663
72GF Score
K&O Energy Group Inc TSE:1663
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K&O Energy Group 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9380 + 2258 + 1824) - (6680 + 0 + 4757)
=2025

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10260 + 2478 + 1446) - (10761 + 0 + 1241)
=2182

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of K&O Energy Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9696/( ( (42783 + max(2025, 0)) + (42997 + max(2182, 0)) )/ 2 )
=9696/( ( 44808 + 45179 )/ 2 )
=9696/44993.5
=21.55 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 21.55% mean?
K&O Energy Group (TSE:1663) has a ROC (Joel Greenblatt) % of 21.55% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on K&O Energy Group and its competitors. This is 99% above median its historical median of 10.83. Over the past decade, K&O Energy Group's ROC (Joel Greenblatt) % has ranged from 7.88 to 29.69. According to the industry distribution chart, K&O Energy Group ranks #104 out of 505 companies in the Utilities - Regulated industry, placing it in the top 20.6%.
Is K&O Energy Group's ROC (Joel Greenblatt) % too high?
K&O Energy Group's current ROC (Joel Greenblatt) % of 21.55% is 99% above median its 10-year median of 10.83. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 29.69. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.71. K&O Energy Group's value of 21.55% is 101.2% above this industry median. Based on the distribution chart, K&O Energy Group ranks #104 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, K&O Energy Group has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K&O Energy Group's ROC (Joel Greenblatt) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, K&O Energy Group ranks #104 out of 505 companies for ROC (Joel Greenblatt) %. This places K&O Energy Group in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.71. K&O Energy Group's value of 21.55% is 101.2% above this benchmark. Historically, K&O Energy Group's own ROC (Joel Greenblatt) % has ranged from 7.88 to 29.69 over the past decade. While the company's 10-year median is 10.83 vs. the industry median of 10.71, K&O Energy Group 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 an Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.71, based on 505 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. K&O Energy Group's current ROC (Joel Greenblatt) % of 21.55% is 101.2% 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 K&O Energy Group and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K&O Energy Group's current ROC (Joel Greenblatt) % is 21.55%, which is 99% above median its own 10-year median of 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K&O Energy Group stock overvalued right now?
Based on GuruFocus' analysis, K&O Energy Group (TSE:1663) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,978.26, compared to a current price of 円3,805.00 — trading 27.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.55%, which is 99% above median its 10-year median of 10.83 and 101.2% above the Utilities - Regulated industry median of 10.71. K&O Energy Group's overall GF Score™ is 72/100 with 2 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 K&O Energy Group (TSE:1663), the current ROC (Joel Greenblatt) % is 21.55% as of Dec. 2025. 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 K&O Energy Group (TSE:1663) Overvalued in 2026?

Based on GuruFocus' analysis, K&O Energy Group stock appears to be overvalued. The current stock price of 円3,805.00 is trading 27.8% above its estimated GF Value™ of 円2,978.26. GuruFocus considers K&O Energy Group to be Modestly Overvalued.

Key valuation signals for TSE:1663:

  • ROC (Joel Greenblatt) %: 21.55% (99% above median its 10-year median of 10.83)
  • GF Value™: 円2,978.26 vs. price of 円3,805.00 (27.8% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 101.2% above the Utilities - Regulated median (#104 of 505)

No single metric tells the full story. See the TSE:1663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K&O Energy Group Business Description

Address 2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 103-0022
K&O Energy Group Inc through its subsidiaries is engaged in gas business and iodine business in Japan.
72GF Score

Get the complete analysis for TSE:1663

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

円3,805.00
Price
円2,978.26
GF Value