Kozo Keikaku Engineering Holdings (TSE:208A) ROC (Joel Greenblatt) %: 35.87% (As of Dec. 2025) — 35% Above Median

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TSE:208A Kozo Keikaku Engineering Holdings Inc TSE:208A
83 GF Score
Price 円2,995.00
GF Value 円2,668.94
Valuation Modestly Overvalued
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What is Kozo Keikaku Engineering Holdings ROC (Joel Greenblatt) %?

Kozo Keikaku Engineering Holdings TSE:208A +0.17% 83 ROC (Joel Greenblatt) % is 35.87% as of Dec. 2025, which is 35% above its 10-year median of 26.62. GuruFocus rates TSE:208A with a GF Score™ of 83/100 and a GF Value™ of 円2,668.94 (Modestly Overvalued). Among 1,788 Construction companies, Kozo Keikaku Engineering Holdings ranks better than 75.28% 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. Kozo Keikaku Engineering Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 35.87%.

The historical rank and industry rank for Kozo Keikaku Engineering Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:208A' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.08   Med: 26.62   Max: 52.41
Current: 48.7

During the past 13 years, Kozo Keikaku Engineering Holdings's highest ROC (Joel Greenblatt) % was 52.41%. The lowest was 17.08%. And the median was 26.62%.

TSE:208A's ROC (Joel Greenblatt) % is ranked better than
75.28% of 1788 companies
in the Construction industry
Industry Median: 19.395 vs TSE:208A: 48.70

Kozo Keikaku Engineering Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.40% per year.


Kozo Keikaku Engineering Holdings  (TSE:208A) 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.


Kozo Keikaku Engineering Holdings ROC (Joel Greenblatt) % Related Terms


Kozo Keikaku Engineering Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kozo Keikaku Engineering Holdings'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.

Kozo Keikaku Engineering Holdings ROC (Joel Greenblatt) % Chart

Kozo Keikaku Engineering Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.12 32.56 32.47 38.14 52.41

Kozo Keikaku Engineering Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 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 64.03 87.91 -6.44 35.87 75.98

TSE:208A vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Kozo Keikaku Engineering Holdings'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.


Kozo Keikaku Engineering Holdings ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Kozo Keikaku Engineering Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kozo Keikaku Engineering Holdings's ROC (Joel Greenblatt) % falls into.


TSE:208A
83GF Score
Kozo Keikaku Engineering Holdings Inc TSE:208A
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kozo Keikaku Engineering Holdings 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)
=(2860.733 + 443.11 + 2507.255) - (817.922 + 0 + 3404.378)
=1588.798

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3909.064 + 455.921 + 2523.54) - (1073.453 + 0 + 3573.916)
=2241.156

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kozo Keikaku Engineering Holdings for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2898.24/( ( (6183.077 + max(1588.798, 0)) + (6147.894 + max(2241.156, 0)) )/ 2 )
=2898.24/( ( 7771.875 + 8389.05 )/ 2 )
=2898.24/8080.4625
=35.87 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 35.87% mean?
Kozo Keikaku Engineering Holdings (TSE:208A) has a ROC (Joel Greenblatt) % of 35.87% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kozo Keikaku Engineering Holdings and its competitors. This is 35% above median its historical median of 26.62. Over the past decade, Kozo Keikaku Engineering Holdings' ROC (Joel Greenblatt) % has ranged from 17.08 to 52.41. According to the industry distribution chart, Kozo Keikaku Engineering Holdings ranks #442 out of 1788 companies in the Construction industry, placing it in the top 24.7%.
Is Kozo Keikaku Engineering Holdings' ROC (Joel Greenblatt) % too high?
Kozo Keikaku Engineering Holdings' current ROC (Joel Greenblatt) % of 35.87% is 35% above median its 10-year median of 26.62. Over the past 10 years, this metric has ranged from a low of 17.08 to a high of 52.41. The Construction industry median ROC (Joel Greenblatt) % is 19.40. Kozo Keikaku Engineering Holdings' value of 35.87% is 84.9% above this industry median. Based on the distribution chart, Kozo Keikaku Engineering Holdings ranks #442 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kozo Keikaku Engineering Holdings has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kozo Keikaku Engineering Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kozo Keikaku Engineering Holdings ranks #442 out of 1788 companies for ROC (Joel Greenblatt) %. This places Kozo Keikaku Engineering Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.40. Kozo Keikaku Engineering Holdings' value of 35.87% is 84.9% above this benchmark. Historically, Kozo Keikaku Engineering Holdings' own ROC (Joel Greenblatt) % has ranged from 17.08 to 52.41 over the past decade. While the company's 10-year median is 26.62 vs. the industry median of 19.40, Kozo Keikaku Engineering Holdings 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 19.40, based on 1,788 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. Kozo Keikaku Engineering Holdings's current ROC (Joel Greenblatt) % of 35.87% is 84.9% 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 Kozo Keikaku Engineering Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kozo Keikaku Engineering Holdings's current ROC (Joel Greenblatt) % is 35.87%, which is 35% above median its own 10-year median of 26.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kozo Keikaku Engineering Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kozo Keikaku Engineering Holdings (TSE:208A) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,668.94, compared to a current price of 円2,995.00 — trading 12.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 35.87%, which is 35% above median its 10-year median of 26.62 and 84.9% above the Construction industry median of 19.40. Kozo Keikaku Engineering Holdings' overall GF Score™ is 83/100. 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 Kozo Keikaku Engineering Holdings (TSE:208A), the current ROC (Joel Greenblatt) % is 35.87% as of Dec. 2025. 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 Kozo Keikaku Engineering Holdings (TSE:208A) Overvalued in 2026?

Based on GuruFocus' analysis, Kozo Keikaku Engineering Holdings stock appears to be overvalued. The current stock price of 円2,995.00 is trading 12.2% above its estimated GF Value™ of 円2,668.94. GuruFocus considers Kozo Keikaku Engineering Holdings to be Modestly Overvalued.

Key valuation signals for TSE:208A:

  • ROC (Joel Greenblatt) %: 35.87% (35% above median its 10-year median of 26.62)
  • GF Value™: 円2,668.94 vs. price of 円2,995.00 (12.2% above fair value)
  • GF Score™: 83/100
  • Industry Position: 84.9% above the Construction median (#442 of 1788)

No single metric tells the full story. See the TSE:208A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kozo Keikaku Engineering Holdings Business Description

Address Japan Holstein Hall, 4-38-13 Honmachi, Nakano-ku, Tokyo, JPN, 164-0012
Kozo Keikaku Engineering Holdings Inc is a technical consulting firm that utilizes engineering knowledge to tackle various social problems.
83GF Score

Get the complete analysis for TSE:208A

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

円2,995.00
Price
円2,668.94
GF Value