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Arbeit-Times CoTSE:2341 -1.80%67 ROC (Joel Greenblatt) % is 32.54% as of Feb. 2026, which is 71% above its 10-year median of 19.01. GuruFocus rates TSE:2341 with a GF Score™ of 67/100 and a GF Value™ of 円219.80 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,016 Media - Diversified companies, Arbeit-Times Co ranks better than 68.31% 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. Arbeit-Times Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 32.54%.
The historical rank and industry rank for Arbeit-Times Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2341'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -92.51 Med: 19.01 Max: 93.01
Current: 30.82
During the past 13 years, Arbeit-Times Co's highest ROC (Joel Greenblatt) % was 93.01%. The lowest was -92.51%. And the median was 19.01%.
TSE:2341's ROC (Joel Greenblatt) % is ranked better than 68.31% of 1016
companies
in the Media - Diversified industry
Industry Median: 9.865
vs TSE:2341: 30.82
Arbeit-Times Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Arbeit-Times Co (TSE:2341) 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.
Arbeit-Times Co ROC (Joel Greenblatt) % Related Terms
Arbeit-Times Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Arbeit-Times 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.
TSE:2341 vs NYT, WLY: ROC (Joel Greenblatt) % Comparison
For the Publishing subindustry, Arbeit-Times 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.
Arbeit-Times Co ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Arbeit-Times Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arbeit-Times Co's ROC (Joel Greenblatt) % falls into.
Arbeit-Times 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 (Feb. 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 32.54% mean?
Arbeit-Times Co (TSE:2341) has a ROC (Joel Greenblatt) % of 32.54% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Arbeit-Times Co and its competitors. This is 71% above median its historical median of 19.01. According to the industry distribution chart, Arbeit-Times Co ranks #322 out of 1016 companies in the Media - Diversified industry, placing it in the top 31.7%.
Is Arbeit-Times Co's ROC (Joel Greenblatt) % too high?
Arbeit-Times Co's current ROC (Joel Greenblatt) % of 32.54% is 71% above median its 10-year median of 19.01. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.87. Arbeit-Times Co's value of 32.54% is 229.9% above this industry median. Based on the distribution chart, Arbeit-Times Co ranks #322 out of 1016 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Arbeit-Times Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arbeit-Times Co's ROC (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Arbeit-Times Co ranks #322 out of 1016 companies for ROC (Joel Greenblatt) %. This puts Arbeit-Times Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.87. Arbeit-Times Co's value of 32.54% is 229.9% above this benchmark. While the company's 10-year median is 19.01 vs. the industry median of 9.87, Arbeit-Times 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.87, based on 1,016 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. Arbeit-Times Co's current ROC (Joel Greenblatt) % of 32.54% is 229.9% 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 Arbeit-Times Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arbeit-Times Co's current ROC (Joel Greenblatt) % is 32.54%, which is 71% above median its own 10-year median of 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arbeit-Times Co stock overvalued right now?
Based on GuruFocus' analysis, Arbeit-Times Co (TSE:2341) is currently considered Modestly Undervalued. The stock's GF Value™ is 円219.80, compared to a current price of 円164.00 — trading 25.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 32.54%, which is 71% above median its 10-year median of 19.01 and 229.9% above the Media - Diversified industry median of 9.87. Arbeit-Times Co's overall GF Score™ is 67/100 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 Arbeit-Times Co (TSE:2341), the current ROC (Joel Greenblatt) % is 32.54% as of Feb. 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 Arbeit-Times Co (TSE:2341) Overvalued in 2026?
Based on GuruFocus' analysis, Arbeit-Times Co stock appears to be undervalued.
The current stock price of 円164.00 is trading 25.4% below its estimated GF Value™ of 円219.80.
GuruFocus considers Arbeit-Times Co to be Modestly Undervalued.
Key valuation signals for TSE:2341:
ROC (Joel Greenblatt) %: 32.54% (71% above median its 10-year median of 19.01)
GF Value™: 円219.80 vs. price of 円164.00 (25.4% below fair value)
Industry Position: 229.9% above the Media - Diversified median (#322 of 1016)
No single metric tells the full story. See the TSE:2341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arbeit-Times Co Ltd is a Japan-based company engaged in the business of publishing magazines. The company edits and issues free job recruitment magazine under the brand name DOMO. It also provides job-related information through its online websites. In addition, it is also involved in the free paper agent intermediary and direct promotion business activities. The Group has two reportable segments: Information provision business; and Sales promotion support business.
67GF Score
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