Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Daiichi KensetsuTSE:1799 +1.02%73 ROC (Joel Greenblatt) % is 16.88% as of Mar. 2026, which is 12% above its 10-year median of 15.08. GuruFocus rates TSE:1799 with a GF Score™ of 73/100 and a GF Value™ of 円2,817.44 (Modestly Overvalued). Among 1,780 Construction companies, Daiichi Kensetsu ranks worse than 53.65% 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. Daiichi Kensetsu's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.88%.
The historical rank and industry rank for Daiichi Kensetsu's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1799'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.91 Med: 15.08 Max: 23.35
Current: 16.68
During the past 13 years, Daiichi Kensetsu's highest ROC (Joel Greenblatt) % was 23.35%. The lowest was 7.91%. And the median was 15.08%.
TSE:1799's ROC (Joel Greenblatt) % is ranked worse than 53.65% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs TSE:1799: 16.68
Daiichi Kensetsu's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.30% per year.
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.
Daiichi Kensetsu ROC (Joel Greenblatt) % Related Terms
Daiichi Kensetsu ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Daiichi Kensetsu'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:1799 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Daiichi Kensetsu'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.
Daiichi Kensetsu ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Daiichi Kensetsu's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Daiichi Kensetsu'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 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 16.88% mean?
Daiichi Kensetsu (TSE:1799) has a ROC (Joel Greenblatt) % of 16.88% 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 Daiichi Kensetsu and its competitors. This is 12% above median its historical median of 15.08. Over the past decade, Daiichi Kensetsu's ROC (Joel Greenblatt) % has ranged from 7.91 to 23.35. According to the industry distribution chart, Daiichi Kensetsu ranks #955 out of 1780 companies in the Construction industry, placing it in the top 53.7%.
Is Daiichi Kensetsu's ROC (Joel Greenblatt) % too high?
Daiichi Kensetsu's current ROC (Joel Greenblatt) % of 16.88% is 12% above median its 10-year median of 15.08. Over the past 10 years, this metric has ranged from a low of 7.91 to a high of 23.35. The Construction industry median ROC (Joel Greenblatt) % is 19.77. Daiichi Kensetsu's value of 16.88% is 14.6% below this industry median. Based on the distribution chart, Daiichi Kensetsu ranks #955 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, Daiichi Kensetsu has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiichi Kensetsu's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Daiichi Kensetsu ranks #955 out of 1780 companies for ROC (Joel Greenblatt) %. This places Daiichi Kensetsu in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.77. Daiichi Kensetsu's value of 16.88% is 14.6% below this benchmark. Historically, Daiichi Kensetsu's own ROC (Joel Greenblatt) % has ranged from 7.91 to 23.35 over the past decade. While the company's 10-year median is 15.08 vs. the industry median of 19.77, Daiichi Kensetsu has consistently been below 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 19.77, based on 1,780 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. Daiichi Kensetsu's current ROC (Joel Greenblatt) % of 16.88% is 14.6% below 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 Daiichi Kensetsu and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiichi Kensetsu's current ROC (Joel Greenblatt) % is 16.88%, which is 12% above median its own 10-year median of 15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiichi Kensetsu stock overvalued right now?
Based on GuruFocus' analysis, Daiichi Kensetsu (TSE:1799) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,817.44, compared to a current price of 円3,450.00 — trading 22.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.88%, which is 12% above median its 10-year median of 15.08 and 14.6% below the Construction industry median of 19.77. Daiichi Kensetsu's overall GF Score™ is 73/100. 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 Daiichi Kensetsu (TSE:1799), the current ROC (Joel Greenblatt) % is 16.88% 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 Daiichi Kensetsu (TSE:1799) Overvalued in 2026?
Based on GuruFocus' analysis, Daiichi Kensetsu stock appears to be overvalued.
The current stock price of 円3,450.00 is trading 22.5% above its estimated GF Value™ of 円2,817.44.
GuruFocus considers Daiichi Kensetsu to be Modestly Overvalued.
Key valuation signals for TSE:1799:
ROC (Joel Greenblatt) %: 16.88% (12% above median its 10-year median of 15.08)
GF Value™: 円2,817.44 vs. price of 円3,450.00 (22.5% above fair value)
Industry Position: 14.6% below the Construction median (#955 of 1780)
No single metric tells the full story. See the TSE:1799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiichi Kensetsu Corp is engaged in construction and civil engineering works. The company also provides planning, designing, surveying, supervision, and consulting services for civil engineering. The company is also engaged in the manufacture, inspection, and sale of materials for civil engineering, construction, and railroad construction.
73GF Score
Get the complete analysis for TSE:1799
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:1799 has been successfully added to your 
