Seigakusha Co (TSE:2179) ROC (Joel Greenblatt) %: 37.45% (As of Mar. 2026) — 133% Above Median

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TSE:2179 Seigakusha Co Ltd TSE:2179
69 GF Score
Price 円819.00
GF Value 円869.61
Valuation Fairly Valued
View Full Analysis

What is Seigakusha Co ROC (Joel Greenblatt) %?

Seigakusha Co TSE:2179 +0.99% 69 ROC (Joel Greenblatt) % is 37.45% as of Mar. 2026, which is 133% above its 10-year median of 16.07. GuruFocus rates TSE:2179 with a GF Score™ of 69/100 and a GF Value™ of 円869.61 (Fairly Valued). Among 263 Education companies, Seigakusha Co ranks better than 53.23% 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. Seigakusha Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.45%.

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

TSE:2179' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.47   Med: 16.07   Max: 22.65
Current: 22.59

During the past 13 years, Seigakusha Co's highest ROC (Joel Greenblatt) % was 22.65%. The lowest was -0.47%. And the median was 16.07%.

TSE:2179's ROC (Joel Greenblatt) % is ranked better than
53.23% of 263 companies
in the Education industry
Industry Median: 19.34 vs TSE:2179: 22.59

Seigakusha Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Seigakusha Co  (TSE:2179) 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.


Seigakusha Co ROC (Joel Greenblatt) % Related Terms


Seigakusha Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Seigakusha 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.

Seigakusha Co ROC (Joel Greenblatt) % Chart

Seigakusha 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 15.14 17.17 17.58 17.44 22.65

Seigakusha 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 29.48 6.22 28.60 7.77 37.45

TSE:2179 vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison

For the Education & Training Services subindustry, Seigakusha 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.


Seigakusha Co ROC (Joel Greenblatt) % vs Education Industry

For the Education industry and Consumer Defensive sector, Seigakusha Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:2179
69GF Score
Seigakusha Co Ltd TSE:2179
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seigakusha 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)
=(1071.58 + 45.539 + 329.285) - (132.025 + 0 + 2061.539)
=-747.16

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1329.733 + 59.338 + 349.359) - (948.857 + 0 + 1738.022)
=-948.449

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Seigakusha 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 )
=1485.826/( ( (3996.776 + max(-747.16, 0)) + (3939.007 + max(-948.449, 0)) )/ 2 )
=1485.826/( ( 3996.776 + 3939.007 )/ 2 )
=1485.826/3967.8915
=37.45 %

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 37.45% mean?
Seigakusha Co (TSE:2179) has a ROC (Joel Greenblatt) % of 37.45% 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 Seigakusha Co and its competitors. This is 133% above median its historical median of 16.07. According to the industry distribution chart, Seigakusha Co ranks #123 out of 263 companies in the Education industry, placing it in the top 46.8%.
Is Seigakusha Co's ROC (Joel Greenblatt) % too high?
Seigakusha Co's current ROC (Joel Greenblatt) % of 37.45% is 133% above median its 10-year median of 16.07. The Education industry median ROC (Joel Greenblatt) % is 19.34. Seigakusha Co's value of 37.45% is 93.6% above this industry median. Based on the distribution chart, Seigakusha Co ranks #123 out of 263 companies in the Education industry, which is above the industry midpoint. Overall, Seigakusha Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seigakusha Co's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Seigakusha Co ranks #123 out of 263 companies for ROC (Joel Greenblatt) %. This puts Seigakusha Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.34. Seigakusha Co's value of 37.45% is 93.6% above this benchmark. While the company's 10-year median is 16.07 vs. the industry median of 19.34, Seigakusha 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 19.34, based on 263 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. Seigakusha Co's current ROC (Joel Greenblatt) % of 37.45% is 93.6% 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 Seigakusha Co and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 19.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seigakusha Co's current ROC (Joel Greenblatt) % is 37.45%, which is 133% above median its own 10-year median of 16.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seigakusha Co stock overvalued right now?
Based on GuruFocus' analysis, Seigakusha Co (TSE:2179) is currently considered Fairly Valued. The stock's GF Value™ is 円869.61, compared to a current price of 円819.00 — trading 5.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 37.45%, which is 133% above median its 10-year median of 16.07 and 93.6% above the Education industry median of 19.34. Seigakusha Co's overall GF Score™ is 69/100. 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 Seigakusha Co (TSE:2179), the current ROC (Joel Greenblatt) % is 37.45% 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 Seigakusha Co (TSE:2179) Overvalued in 2026?

Based on GuruFocus' analysis, Seigakusha Co stock appears to be undervalued. The current stock price of 円819.00 is trading 5.8% below its estimated GF Value™ of 円869.61. GuruFocus considers Seigakusha Co to be Fairly Valued.

Key valuation signals for TSE:2179:

  • ROC (Joel Greenblatt) %: 37.45% (133% above median its 10-year median of 16.07)
  • GF Value™: 円869.61 vs. price of 円819.00 (5.8% below fair value)
  • GF Score™: 69/100
  • Industry Position: 93.6% above the Education median (#123 of 263)

No single metric tells the full story. See the TSE:2179 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seigakusha Co Business Description

Address Kaijo Umeda Building, 3-1-2, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-0015
Seigakusha Co Ltd is engaged in operating junior secondary schools in Japan. The company also provides junior high school entry courses, university entry courses, and individual instruction courses, as well as operates examination image lesson preparatory school. The Group has following segments: Education-related business, Real estate rental business, Catering business, Company-wide. The majority of revenue is from Education-related business.
69GF Score

Get the complete analysis for TSE:2179

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

円819.00
Price
円869.61
GF Value