Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SecuAvailTSE:3042 +2.09%64 ROC (Joel Greenblatt) % is 583.85% as of Mar. 2026, which is 397% above its 10-year median of 117.54. GuruFocus rates TSE:3042 with a GF Score™ of 64/100 and a GF Value™ of 円352.57 (Modestly Undervalued). Among 2,815 Software companies, SecuAvail ranks better than 95.42% 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. SecuAvail's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 583.85%.
The historical rank and industry rank for SecuAvail's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3042'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -180.41 Med: 117.54 Max: 808.33
Current: 697.67
During the past 13 years, SecuAvail's highest ROC (Joel Greenblatt) % was 808.33%. The lowest was -180.41%. And the median was 117.54%.
TSE:3042's ROC (Joel Greenblatt) % is ranked better than 95.42% of 2815
companies
in the Software industry
Industry Median: 19.63
vs TSE:3042: 697.67
SecuAvail's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
The historical data trend for SecuAvail'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:3042 vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, SecuAvail'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.
SecuAvail ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, SecuAvail's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SecuAvail'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 583.85% mean?
SecuAvail (TSE:3042) has a ROC (Joel Greenblatt) % of 583.85% 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 SecuAvail and its competitors. This is 397% above median its historical median of 117.54. According to the industry distribution chart, SecuAvail ranks #129 out of 2815 companies in the Software industry, placing it in the top 4.6%.
Is SecuAvail's ROC (Joel Greenblatt) % too high?
SecuAvail's current ROC (Joel Greenblatt) % of 583.85% is 397% above median its 10-year median of 117.54. The Software industry median ROC (Joel Greenblatt) % is 19.63. SecuAvail's value of 583.85% is 2874.3% above this industry median. Based on the distribution chart, SecuAvail ranks #129 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SecuAvail has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SecuAvail's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, SecuAvail ranks #129 out of 2815 companies for ROC (Joel Greenblatt) %. This places SecuAvail in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. SecuAvail's value of 583.85% is 2874.3% above this benchmark. While the company's 10-year median is 117.54 vs. the industry median of 19.63, SecuAvail 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.63, based on 2,815 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. SecuAvail's current ROC (Joel Greenblatt) % of 583.85% is 2874.3% 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 SecuAvail and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SecuAvail's current ROC (Joel Greenblatt) % is 583.85%, which is 397% above median its own 10-year median of 117.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SecuAvail stock overvalued right now?
Based on GuruFocus' analysis, SecuAvail (TSE:3042) is currently considered Modestly Undervalued. The stock's GF Value™ is 円352.57, compared to a current price of 円293.00 — trading 16.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 583.85%, which is 397% above median its 10-year median of 117.54 and 2874.3% above the Software industry median of 19.63. SecuAvail's overall GF Score™ is 64/100. 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 SecuAvail (TSE:3042), the current ROC (Joel Greenblatt) % is 583.85% 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 SecuAvail (TSE:3042) Overvalued in 2026?
Based on GuruFocus' analysis, SecuAvail stock appears to be undervalued.
The current stock price of 円293.00 is trading 16.9% below its estimated GF Value™ of 円352.57.
GuruFocus considers SecuAvail to be Modestly Undervalued.
Key valuation signals for TSE:3042:
ROC (Joel Greenblatt) %: 583.85% (397% above median its 10-year median of 117.54)
GF Value™: 円352.57 vs. price of 円293.00 (16.9% below fair value)
Industry Position: 2874.3% above the Software median (#129 of 2815)
No single metric tells the full story. See the TSE:3042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SecuAvail Inc operates as the provider of managed security support and log analysis in Japan. It is engaged in the design, construction, operation monitoring, log analysis of computer network security system, sales of related products. Its network security systems include NetStare, Logstare. Its services include application security, integrated log management, and security diagnosis.
64GF Score
Get the complete analysis for TSE:3042
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3042 has been successfully added to your 
