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Nankai Tatsumura Construction CoTSE:1850 -1.58%66 ROC (Joel Greenblatt) % is 31.75% as of Mar. 2026, which is 152% above its 10-year median of 12.58. GuruFocus rates TSE:1850 with a GF Score™ of 66/100 and a GF Value™ of 円347.36 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,782 Construction companies, Nankai Tatsumura Construction Co ranks better than 52.86% 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. Nankai Tatsumura Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.75%.
The historical rank and industry rank for Nankai Tatsumura Construction Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1850'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.18 Med: 12.58 Max: 21.71
Current: 21.71
During the past 13 years, Nankai Tatsumura Construction Co's highest ROC (Joel Greenblatt) % was 21.71%. The lowest was -3.18%. And the median was 12.58%.
TSE:1850's ROC (Joel Greenblatt) % is ranked better than 52.86% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs TSE:1850: 21.71
Nankai Tatsumura Construction Co (TSE:1850) 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.
* 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.
Nankai Tatsumura Construction Co ROC (Joel Greenblatt) % Chart
TSE:1850 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Nankai Tatsumura Construction 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.
Nankai Tatsumura Construction Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Nankai Tatsumura Construction Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nankai Tatsumura Construction Co's ROC (Joel Greenblatt) % falls into.
Nankai Tatsumura Construction Co 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 31.75% mean?
Nankai Tatsumura Construction Co (TSE:1850) has a ROC (Joel Greenblatt) % of 31.75% 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 Nankai Tatsumura Construction Co and its competitors. This is 152% above median its historical median of 12.58. According to the industry distribution chart, Nankai Tatsumura Construction Co ranks #840 out of 1782 companies in the Construction industry, placing it in the top 47.1%.
Is Nankai Tatsumura Construction Co's ROC (Joel Greenblatt) % too high?
Nankai Tatsumura Construction Co's current ROC (Joel Greenblatt) % of 31.75% is 152% above median its 10-year median of 12.58. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Nankai Tatsumura Construction Co's value of 31.75% is 62% above this industry median. Based on the distribution chart, Nankai Tatsumura Construction Co ranks #840 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Nankai Tatsumura Construction Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nankai Tatsumura Construction Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Nankai Tatsumura Construction Co ranks #840 out of 1782 companies for ROC (Joel Greenblatt) %. This puts Nankai Tatsumura Construction Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. Nankai Tatsumura Construction Co's value of 31.75% is 62% above this benchmark. While the company's 10-year median is 12.58 vs. the industry median of 19.60, Nankai Tatsumura Construction 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 19.60, based on 1,782 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. Nankai Tatsumura Construction Co's current ROC (Joel Greenblatt) % of 31.75% is 62% 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 Nankai Tatsumura Construction Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankai Tatsumura Construction Co's current ROC (Joel Greenblatt) % is 31.75%, which is 152% above median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Tatsumura Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nankai Tatsumura Construction Co (TSE:1850) is currently considered Modestly Overvalued. The stock's GF Value™ is 円347.36, compared to a current price of 円435.00 — trading 25.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.75%, which is 152% above median its 10-year median of 12.58 and 62% above the Construction industry median of 19.60. Nankai Tatsumura Construction Co's 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 Nankai Tatsumura Construction Co (TSE:1850), the current ROC (Joel Greenblatt) % is 31.75% 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 Nankai Tatsumura Construction Co (TSE:1850) Overvalued in 2026?
Based on GuruFocus' analysis, Nankai Tatsumura Construction Co stock appears to be overvalued.
The current stock price of 円435.00 is trading 25.2% above its estimated GF Value™ of 円347.36.
GuruFocus considers Nankai Tatsumura Construction Co to be Modestly Overvalued.
Key valuation signals for TSE:1850:
ROC (Joel Greenblatt) %: 31.75% (152% above median its 10-year median of 12.58)
GF Value™: 円347.36 vs. price of 円435.00 (25.2% above fair value)
Industry Position: 62% above the Construction median (#840 of 1782)
No single metric tells the full story. See the TSE:1850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankai Tatsumura Construction Co Business Description
Nankai Tatsumura Construction Co Ltd is engaged in general construction like civil, construction, pipe, electrical, and telecommunications construction, design industry, buying and selling real estate owned as well as other general construction work.
66GF Score
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