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ImageONE CoTSE:2667 +2.65%36 ROC (Joel Greenblatt) % is -1,451.95% as of Mar. 2026. GuruFocus rates TSE:2667 with a GF Score™ of 36/100 and a GF Value™ of 円68.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,490 Hardware companies, ImageONE Co ranks worse than 99% 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. ImageONE Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1,451.95%.
The historical rank and industry rank for ImageONE Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2667'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2218.16 Med: -44.78 Max: 42.5
Current: -2218.16
During the past 13 years, ImageONE Co's highest ROC (Joel Greenblatt) % was 42.50%. The lowest was -2218.16%. And the median was -44.78%.
TSE:2667's ROC (Joel Greenblatt) % is ranked worse than 99% of 2490
companies
in the Hardware industry
Industry Median: 10.51
vs TSE:2667: -2218.16
ImageONE Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
ImageONE Co (TSE:2667) 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.
ImageONE Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for ImageONE 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:2667 vs COHR, KEYS, GRMN: ROC (Joel Greenblatt) % Comparison
For the Scientific & Technical Instruments subindustry, ImageONE 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.
ImageONE Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, ImageONE Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ImageONE Co's ROC (Joel Greenblatt) % falls into.
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 (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 -1,451.95% mean?
ImageONE Co (TSE:2667) has a ROC (Joel Greenblatt) % of -1,451.95% 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 ImageONE Co and its competitors. According to the industry distribution chart, ImageONE Co ranks #2465 out of 2490 companies in the Hardware industry, placing it in the top 99%.
Is ImageONE Co's ROC (Joel Greenblatt) % too high?
ImageONE Co's current ROC (Joel Greenblatt) % is -1,451.95%. Based on the distribution chart, ImageONE Co ranks #2465 out of 2490 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ImageONE Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ImageONE Co's ROC (Joel Greenblatt) % compare to COHR and KEYS?
According to the Hardware industry distribution chart, ImageONE Co ranks #2465 out of 2490 companies for ROC (Joel Greenblatt) %. This places ImageONE Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.51. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.51, based on 2,490 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. 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 ImageONE Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImageONE Co's current ROC (Joel Greenblatt) % is -1,451.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImageONE Co stock overvalued right now?
Based on GuruFocus' analysis, ImageONE Co (TSE:2667) is currently considered Significantly Overvalued. The stock's GF Value™ is 円68.38, compared to a current price of 円116.00 — trading 69.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is -1,451.95%. ImageONE Co's overall GF Score™ is 36/100 with 3 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 ImageONE Co (TSE:2667), the current ROC (Joel Greenblatt) % is -1,451.95% 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 ImageONE Co (TSE:2667) Overvalued in 2026?
Based on GuruFocus' analysis, ImageONE Co stock appears to be overvalued.
The current stock price of 円116.00 is trading 69.6% above its estimated GF Value™ of 円68.38.
GuruFocus considers ImageONE Co to be Significantly Overvalued.
Key valuation signals for TSE:2667:
ROC (Joel Greenblatt) %: -1,451.95%
GF Value™: 円68.38 vs. price of 円116.00 (69.6% above fair value)
No single metric tells the full story. See the TSE:2667 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ImageONE Co Ltd is a Japanese firm. It provides digital image information products and services in the fields of personal health, and national security and safety. Its healthcare solutions include a medical system and wearable electrocardiograph. GEO solution includes satellite image, sales of UAV, ground measurement instrument, various image processing software, and analysis service.
36GF Score
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