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Nippon Care Supply CoTSE:2393 -1.26%74 ROC (Joel Greenblatt) % is 15.18% as of Mar. 2026, which is 21% below its 10-year median of 19.22. GuruFocus rates TSE:2393 with a GF Score™ of 74/100 and a GF Value™ of 円2,385.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,081 Business Services companies, Nippon Care Supply Co ranks worse than 54.86% 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. Nippon Care Supply Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.18%.
The historical rank and industry rank for Nippon Care Supply Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2393'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.67 Med: 19.22 Max: 24.79
Current: 17.12
During the past 13 years, Nippon Care Supply Co's highest ROC (Joel Greenblatt) % was 24.79%. The lowest was 13.67%. And the median was 19.22%.
TSE:2393's ROC (Joel Greenblatt) % is ranked worse than 54.86% of 1081
companies
in the Business Services industry
Industry Median: 22.3
vs TSE:2393: 17.12
Nippon Care Supply Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.40% per year.
Nippon Care Supply Co (TSE:2393) 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.
Nippon Care Supply Co ROC (Joel Greenblatt) % Related Terms
Nippon Care Supply Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nippon Care Supply 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.
Nippon Care Supply Co ROC (Joel Greenblatt) % Chart
TSE:2393 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, Nippon Care Supply 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.
Nippon Care Supply Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Nippon Care Supply Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nippon Care Supply Co's ROC (Joel Greenblatt) % falls into.
Nippon Care Supply 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 four times the quarterly (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 15.18% mean?
Nippon Care Supply Co (TSE:2393) has a ROC (Joel Greenblatt) % of 15.18% 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 Nippon Care Supply Co and its competitors. This is 21% below median its historical median of 19.22. Over the past decade, Nippon Care Supply Co's ROC (Joel Greenblatt) % has ranged from 13.67 to 24.79. According to the industry distribution chart, Nippon Care Supply Co ranks #593 out of 1081 companies in the Business Services industry, placing it in the top 54.9%.
Is Nippon Care Supply Co's ROC (Joel Greenblatt) % too high?
Nippon Care Supply Co's current ROC (Joel Greenblatt) % of 15.18% is 21% below median its 10-year median of 19.22. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 24.79. The Business Services industry median ROC (Joel Greenblatt) % is 22.30. Nippon Care Supply Co's value of 15.18% is 31.9% below this industry median. Based on the distribution chart, Nippon Care Supply Co ranks #593 out of 1081 companies in the Business Services industry, which is below the industry midpoint. Overall, Nippon Care Supply Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Care Supply Co's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Nippon Care Supply Co ranks #593 out of 1081 companies for ROC (Joel Greenblatt) %. This places Nippon Care Supply Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 22.30. Nippon Care Supply Co's value of 15.18% is 31.9% below this benchmark. Historically, Nippon Care Supply Co's own ROC (Joel Greenblatt) % has ranged from 13.67 to 24.79 over the past decade. While the company's 10-year median is 19.22 vs. the industry median of 22.30, Nippon Care Supply Co has consistently been below 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 22.30, based on 1,081 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. Nippon Care Supply Co's current ROC (Joel Greenblatt) % of 15.18% is 31.9% below 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 Nippon Care Supply Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 22.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Care Supply Co's current ROC (Joel Greenblatt) % is 15.18%, which is 21% below median its own 10-year median of 19.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Care Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Care Supply Co (TSE:2393) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,385.45, compared to a current price of 円4,295.00 — trading 80% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.18%, which is 21% below median its 10-year median of 19.22 and 31.9% below the Business Services industry median of 22.30. Nippon Care Supply Co's overall GF Score™ is 74/100 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 Nippon Care Supply Co (TSE:2393), the current ROC (Joel Greenblatt) % is 15.18% 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 Nippon Care Supply Co (TSE:2393) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Care Supply Co stock appears to be overvalued.
The current stock price of 円4,295.00 is trading 80% above its estimated GF Value™ of 円2,385.45.
GuruFocus considers Nippon Care Supply Co to be Significantly Overvalued.
Key valuation signals for TSE:2393:
ROC (Joel Greenblatt) %: 15.18% (21% below median its 10-year median of 19.22)
GF Value™: 円2,385.45 vs. price of 円4,295.00 (80% above fair value)
Industry Position: 31.9% below the Business Services median (#593 of 1081)
No single metric tells the full story. See the TSE:2393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Care Supply Co Ltd is engaged in the business of rental wholesale and sale of welfare equipment in Japan. It rents and sells welfare equipment, such as electric beds, wheelchairs, and bathing assistance tools.
74GF Score
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