Sanko Metal Industrial Co (TSE:1972) ROC (Joel Greenblatt) %: 41.82% (As of Mar. 2026) — 45% Above Median

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TSE:1972 Sanko Metal Industrial Co Ltd TSE:1972
69 GF Score
Price 円1,275.00
GF Value 円1,123.18
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sanko Metal Industrial Co ROC (Joel Greenblatt) %?

Sanko Metal Industrial Co TSE:1972 +0.47% 69 ROC (Joel Greenblatt) % is 41.82% as of Mar. 2026, which is 45% above its 10-year median of 28.75. GuruFocus rates TSE:1972 with a GF Score™ of 69/100 and a GF Value™ of 円1,123.18 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,782 Construction companies, Sanko Metal Industrial Co ranks better than 66.5% 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. Sanko Metal Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.82%.

The historical rank and industry rank for Sanko Metal Industrial Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:1972' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.5   Med: 28.75   Max: 33.9
Current: 33.86

During the past 13 years, Sanko Metal Industrial Co's highest ROC (Joel Greenblatt) % was 33.90%. The lowest was 18.50%. And the median was 28.75%.

TSE:1972's ROC (Joel Greenblatt) % is ranked better than
66.5% of 1782 companies
in the Construction industry
Industry Median: 19.6 vs TSE:1972: 33.86

Sanko Metal Industrial Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.30% per year.


Sanko Metal Industrial Co  (TSE:1972) 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.


Sanko Metal Industrial Co ROC (Joel Greenblatt) % Related Terms


Sanko Metal Industrial Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sanko Metal Industrial Co'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.

Sanko Metal Industrial Co ROC (Joel Greenblatt) % Chart

Sanko Metal Industrial Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.83 28.56 29.46 32.87 28.11

Sanko Metal Industrial Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 45.33 33.38 51.65 33.32 41.82

TSE:1972 vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, Sanko Metal Industrial 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.


Sanko Metal Industrial Co ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Sanko Metal Industrial Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sanko Metal Industrial Co's ROC (Joel Greenblatt) % falls into.


TSE:1972
69GF Score
Sanko Metal Industrial Co Ltd TSE:1972
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanko Metal Industrial 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:

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)
=(0 + 2818 + 3680) - (4574 + 0 + 4591)
=-2667

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10863 + 2829 + 3389) - (4857 + 0 + 4782)
=7442

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sanko Metal Industrial Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4404/( ( (6702 + max(-2667, 0)) + (6916 + max(7442, 0)) )/ 2 )
=4404/( ( 6702 + 14358 )/ 2 )
=4404/10530
=41.82 %

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 41.82% mean?
Sanko Metal Industrial Co (TSE:1972) has a ROC (Joel Greenblatt) % of 41.82% 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 Sanko Metal Industrial Co and its competitors. This is 45% above median its historical median of 28.75. Over the past decade, Sanko Metal Industrial Co's ROC (Joel Greenblatt) % has ranged from 18.50 to 33.90. According to the industry distribution chart, Sanko Metal Industrial Co ranks #597 out of 1782 companies in the Construction industry, placing it in the top 33.5%.
Is Sanko Metal Industrial Co's ROC (Joel Greenblatt) % too high?
Sanko Metal Industrial Co's current ROC (Joel Greenblatt) % of 41.82% is 45% above median its 10-year median of 28.75. Over the past 10 years, this metric has ranged from a low of 18.50 to a high of 33.90. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Sanko Metal Industrial Co's value of 41.82% is 113.4% above this industry median. Based on the distribution chart, Sanko Metal Industrial Co ranks #597 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Sanko Metal Industrial Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanko Metal Industrial Co's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Sanko Metal Industrial Co ranks #597 out of 1782 companies for ROC (Joel Greenblatt) %. This puts Sanko Metal Industrial Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. Sanko Metal Industrial Co's value of 41.82% is 113.4% above this benchmark. Historically, Sanko Metal Industrial Co's own ROC (Joel Greenblatt) % has ranged from 18.50 to 33.90 over the past decade. While the company's 10-year median is 28.75 vs. the industry median of 19.60, Sanko Metal Industrial 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. Sanko Metal Industrial Co's current ROC (Joel Greenblatt) % of 41.82% is 113.4% 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 Sanko Metal Industrial 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. Sanko Metal Industrial Co's current ROC (Joel Greenblatt) % is 41.82%, which is 45% above median its own 10-year median of 28.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanko Metal Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Sanko Metal Industrial Co (TSE:1972) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,123.18, compared to a current price of 円1,275.00 — trading 13.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 41.82%, which is 45% above median its 10-year median of 28.75 and 113.4% above the Construction industry median of 19.60. Sanko Metal Industrial Co's overall GF Score™ is 69/100 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 Sanko Metal Industrial Co (TSE:1972), the current ROC (Joel Greenblatt) % is 41.82% 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 Sanko Metal Industrial Co (TSE:1972) Overvalued in 2026?

Based on GuruFocus' analysis, Sanko Metal Industrial Co stock appears to be overvalued. The current stock price of 円1,275.00 is trading 13.5% above its estimated GF Value™ of 円1,123.18. GuruFocus considers Sanko Metal Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:1972:

  • ROC (Joel Greenblatt) %: 41.82% (45% above median its 10-year median of 28.75)
  • GF Value™: 円1,123.18 vs. price of 円1,275.00 (13.5% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 113.4% above the Construction median (#597 of 1782)

No single metric tells the full story. See the TSE:1972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanko Metal Industrial Co Business Description

Address No. 23 No. 13 four-chom, Tokyo, JPN
Sanko Metal Industrial Co Ltd is engaged in the manufacturing, processing, and execution and sales of roofing, construction materials and paint as well as design and contract services for ancillary construction work. The product line includes - Galvanized steel sheet, Aluminium-plated steel sheet, PVC coated steel sheet, NS acid-resistant clad steel sheet, and colour stainless-steel sheet.
69GF Score

Get the complete analysis for TSE:1972

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

円1,275.00
Price
円1,123.18
GF Value