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Meiho Facility WorksTSE:1717 +0.31%66 ROC (Joel Greenblatt) % is 38.28% as of Mar. 2026, which is 35% below its 10-year median of 58.60. GuruFocus rates TSE:1717 with a GF Score™ of 66/100 and a GF Value™ of 円1,057.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,787 Construction companies, Meiho Facility Works ranks better than 81.14% 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. Meiho Facility Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.28%.
The historical rank and industry rank for Meiho Facility Works's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1717'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.65 Med: 58.6 Max: 187.99
Current: 62.64
During the past 13 years, Meiho Facility Works's highest ROC (Joel Greenblatt) % was 187.99%. The lowest was 36.65%. And the median was 58.60%.
TSE:1717's ROC (Joel Greenblatt) % is ranked better than 81.14% of 1787
companies
in the Construction industry
Industry Median: 19.39
vs TSE:1717: 62.64
Meiho Facility Works's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 30.50% per year.
Meiho Facility Works (TSE:1717) 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.
Meiho Facility Works ROC (Joel Greenblatt) % Related Terms
Meiho Facility Works ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Meiho Facility Works'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.
Meiho Facility Works ROC (Joel Greenblatt) % Chart
TSE:1717 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Meiho Facility Works'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.
Meiho Facility Works ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Meiho Facility Works's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Meiho Facility Works's ROC (Joel Greenblatt) % falls into.
Meiho Facility Works 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:
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 two times the semi-annual (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 38.28% mean?
Meiho Facility Works (TSE:1717) has a ROC (Joel Greenblatt) % of 38.28% 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 Meiho Facility Works and its competitors. This is 35% below median its historical median of 58.60. Over the past decade, Meiho Facility Works' ROC (Joel Greenblatt) % has ranged from 36.65 to 187.99. According to the industry distribution chart, Meiho Facility Works ranks #337 out of 1787 companies in the Construction industry, placing it in the top 18.9%.
Is Meiho Facility Works' ROC (Joel Greenblatt) % too high?
Meiho Facility Works' current ROC (Joel Greenblatt) % of 38.28% is 35% below median its 10-year median of 58.60. Over the past 10 years, this metric has ranged from a low of 36.65 to a high of 187.99. The Construction industry median ROC (Joel Greenblatt) % is 19.39. Meiho Facility Works' value of 38.28% is 97.4% above this industry median. Based on the distribution chart, Meiho Facility Works ranks #337 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Meiho Facility Works has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiho Facility Works' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Meiho Facility Works ranks #337 out of 1787 companies for ROC (Joel Greenblatt) %. This places Meiho Facility Works in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.39. Meiho Facility Works' value of 38.28% is 97.4% above this benchmark. Historically, Meiho Facility Works' own ROC (Joel Greenblatt) % has ranged from 36.65 to 187.99 over the past decade. While the company's 10-year median is 58.60 vs. the industry median of 19.39, Meiho Facility Works 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 19.39, based on 1,787 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. Meiho Facility Works's current ROC (Joel Greenblatt) % of 38.28% is 97.4% 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 Meiho Facility Works and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiho Facility Works's current ROC (Joel Greenblatt) % is 38.28%, which is 35% below median its own 10-year median of 58.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiho Facility Works stock overvalued right now?
Based on GuruFocus' analysis, Meiho Facility Works (TSE:1717) is currently considered Fairly Valued. The stock's GF Value™ is 円1,057.19, compared to a current price of 円959.00 — trading 9.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 38.28%, which is 35% below median its 10-year median of 58.60 and 97.4% above the Construction industry median of 19.39. Meiho Facility Works' overall GF Score™ is 66/100 with 1 warning sign 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 Meiho Facility Works (TSE:1717), the current ROC (Joel Greenblatt) % is 38.28% 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 Meiho Facility Works (TSE:1717) Overvalued in 2026?
Based on GuruFocus' analysis, Meiho Facility Works stock appears to be undervalued.
The current stock price of 円959.00 is trading 9.3% below its estimated GF Value™ of 円1,057.19.
GuruFocus considers Meiho Facility Works to be Fairly Valued.
Key valuation signals for TSE:1717:
ROC (Joel Greenblatt) %: 38.28% (35% below median its 10-year median of 58.60)
GF Value™: 円1,057.19 vs. price of 円959.00 (9.3% below fair value)
Industry Position: 97.4% above the Construction median (#337 of 1787)
No single metric tells the full story. See the TSE:1717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiho Facility Works Ltd is a Japan-based company engages in the provision of programming, consulting, design, evaluation, construction management, and moving services for office and building projects.
66GF Score
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