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Sanyo EngineeringnstructionTSE:1960 +3.04%73 ROC (Joel Greenblatt) % is 35.97% as of Mar. 2026, which is 190% above its 10-year median of 12.39. GuruFocus rates TSE:1960 with a GF Score™ of 73/100 and a GF Value™ of 円1,084.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,781 Construction companies, Sanyo Engineeringnstruction ranks better than 62.44% 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. Sanyo Engineeringnstruction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.97%.
The historical rank and industry rank for Sanyo Engineeringnstruction's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:1960'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.23 Med: 12.39 Max: 30.52
Current: 29.96
During the past 13 years, Sanyo Engineeringnstruction's highest ROC (Joel Greenblatt) % was 30.52%. The lowest was -2.23%. And the median was 12.39%.
TSE:1960's ROC (Joel Greenblatt) % is ranked better than 62.44% of 1781
companies
in the Construction industry
Industry Median: 19.62
vs TSE:1960: 29.96
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.
TSE:1960 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Sanyo Engineeringnstruction'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.
Sanyo Engineeringnstruction ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Sanyo Engineeringnstruction's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sanyo Engineeringnstruction'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 35.97% mean?
Sanyo Engineeringnstruction (TSE:1960) has a ROC (Joel Greenblatt) % of 35.97% 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 Sanyo Engineeringnstruction and its competitors. This is 190% above median its historical median of 12.39. According to the industry distribution chart, Sanyo Engineeringnstruction ranks #669 out of 1781 companies in the Construction industry, placing it in the top 37.6%.
Is Sanyo Engineeringnstruction's ROC (Joel Greenblatt) % too high?
Sanyo Engineeringnstruction's current ROC (Joel Greenblatt) % of 35.97% is 190% above median its 10-year median of 12.39. The Construction industry median ROC (Joel Greenblatt) % is 19.62. Sanyo Engineeringnstruction's value of 35.97% is 83.3% above this industry median. Based on the distribution chart, Sanyo Engineeringnstruction ranks #669 out of 1781 companies in the Construction industry, which is above the industry midpoint. Overall, Sanyo Engineeringnstruction has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanyo Engineeringnstruction's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Sanyo Engineeringnstruction ranks #669 out of 1781 companies for ROC (Joel Greenblatt) %. This puts Sanyo Engineeringnstruction in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.62. Sanyo Engineeringnstruction's value of 35.97% is 83.3% above this benchmark. While the company's 10-year median is 12.39 vs. the industry median of 19.62, Sanyo Engineeringnstruction 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 19.62, based on 1,781 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. Sanyo Engineeringnstruction's current ROC (Joel Greenblatt) % of 35.97% is 83.3% 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 Sanyo Engineeringnstruction and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanyo Engineeringnstruction's current ROC (Joel Greenblatt) % is 35.97%, which is 190% above median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanyo Engineeringnstruction stock overvalued right now?
Based on GuruFocus' analysis, Sanyo Engineeringnstruction (TSE:1960) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,084.86, compared to a current price of 円1,490.00 — trading 37.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 35.97%, which is 190% above median its 10-year median of 12.39 and 83.3% above the Construction industry median of 19.62. Sanyo Engineeringnstruction's overall GF Score™ is 73/100 with 7 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 Sanyo Engineeringnstruction (TSE:1960), the current ROC (Joel Greenblatt) % is 35.97% 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 Sanyo Engineeringnstruction (TSE:1960) Overvalued in 2026?
Based on GuruFocus' analysis, Sanyo Engineeringnstruction stock appears to be overvalued.
The current stock price of 円1,490.00 is trading 37.3% above its estimated GF Value™ of 円1,084.86.
GuruFocus considers Sanyo Engineeringnstruction to be Significantly Overvalued.
Key valuation signals for TSE:1960:
ROC (Joel Greenblatt) %: 35.97% (190% above median its 10-year median of 12.39)
GF Value™: 円1,084.86 vs. price of 円1,490.00 (37.3% above fair value)
Industry Position: 83.3% above the Construction median (#669 of 1781)
No single metric tells the full story. See the TSE:1960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanyo Engineering & Construction Inc. covers all aspects of mechanical, electrical, and other associated engineering services. It provides painting work, survey work, fire extinguishing facility work, production and sales of electric equipment, air conditioning, water supply, and drainage work, civil engineering work, steel structure work, and others. The company's work include Tan Son Nhat International Airport, The mall shopping center, The University of Tokyo, School of Science, Tokai Hokuriku Expressway Tsubakihara Tunnel, and others.
73GF Score
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