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Takachiho Koheki CoTSE:2676 -0.63%78 ROC (Joel Greenblatt) % is 30.38% as of Mar. 2026, which is 51% above its 10-year median of 20.08. GuruFocus rates TSE:2676 with a GF Score™ of 78/100 and a GF Value™ of 円2,199.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 562 Conglomerates companies, Takachiho Koheki Co ranks better than 69.57% 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. Takachiho Koheki Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.38%.
The historical rank and industry rank for Takachiho Koheki Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2676'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.22 Med: 20.08 Max: 29.31
Current: 29.31
During the past 13 years, Takachiho Koheki Co's highest ROC (Joel Greenblatt) % was 29.31%. The lowest was 8.22%. And the median was 20.08%.
TSE:2676's ROC (Joel Greenblatt) % is ranked better than 69.57% of 562
companies
in the Conglomerates industry
Industry Median: 14.68
vs TSE:2676: 29.31
Takachiho Koheki Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.30% per year.
Takachiho Koheki Co (TSE:2676) 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.
Takachiho Koheki Co ROC (Joel Greenblatt) % Related Terms
Takachiho Koheki Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Takachiho Koheki 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:2676 vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Takachiho Koheki 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.
Takachiho Koheki Co ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Takachiho Koheki Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Takachiho Koheki Co's ROC (Joel Greenblatt) % falls into.
Takachiho Koheki 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 (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 30.38% mean?
Takachiho Koheki Co (TSE:2676) has a ROC (Joel Greenblatt) % of 30.38% 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 Takachiho Koheki Co and its competitors. This is 51% above median its historical median of 20.08. Over the past decade, Takachiho Koheki Co's ROC (Joel Greenblatt) % has ranged from 8.22 to 29.31. According to the industry distribution chart, Takachiho Koheki Co ranks #171 out of 562 companies in the Conglomerates industry, placing it in the top 30.4%.
Is Takachiho Koheki Co's ROC (Joel Greenblatt) % too high?
Takachiho Koheki Co's current ROC (Joel Greenblatt) % of 30.38% is 51% above median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 8.22 to a high of 29.31. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Takachiho Koheki Co's value of 30.38% is 106.9% above this industry median. Based on the distribution chart, Takachiho Koheki Co ranks #171 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Takachiho Koheki Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Takachiho Koheki Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Takachiho Koheki Co ranks #171 out of 562 companies for ROC (Joel Greenblatt) %. This puts Takachiho Koheki Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Takachiho Koheki Co's value of 30.38% is 106.9% above this benchmark. Historically, Takachiho Koheki Co's own ROC (Joel Greenblatt) % has ranged from 8.22 to 29.31 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 14.68, Takachiho Koheki 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 562 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. Takachiho Koheki Co's current ROC (Joel Greenblatt) % of 30.38% is 106.9% 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 Takachiho Koheki Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takachiho Koheki Co's current ROC (Joel Greenblatt) % is 30.38%, which is 51% above median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takachiho Koheki Co stock overvalued right now?
Based on GuruFocus' analysis, Takachiho Koheki Co (TSE:2676) is currently considered Fairly Valued. The stock's GF Value™ is 円2,199.00, compared to a current price of 円2,046.00 — trading 7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 30.38%, which is 51% above median its 10-year median of 20.08 and 106.9% above the Conglomerates industry median of 14.68. Takachiho Koheki Co's overall GF Score™ is 78/100 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 Takachiho Koheki Co (TSE:2676), the current ROC (Joel Greenblatt) % is 30.38% 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 Takachiho Koheki Co (TSE:2676) Overvalued in 2026?
Based on GuruFocus' analysis, Takachiho Koheki Co stock appears to be undervalued.
The current stock price of 円2,046.00 is trading 7% below its estimated GF Value™ of 円2,199.00.
GuruFocus considers Takachiho Koheki Co to be Fairly Valued.
Key valuation signals for TSE:2676:
ROC (Joel Greenblatt) %: 30.38% (51% above median its 10-year median of 20.08)
GF Value™: 円2,199.00 vs. price of 円2,046.00 (7% below fair value)
Industry Position: 106.9% above the Conglomerates median (#171 of 562)
No single metric tells the full story. See the TSE:2676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takachiho Koheki Co Ltd is a Japan-based company engages in the maintenance and sale of market information network systems, security systems, semiconductors, and structural precision parts. It is also involved in the installation of system designs and outsourcing services in the information network system. Its segments involve: Cloud Service & Support; System; and Devices.
78GF Score
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