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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. Aero Lab International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 56.51%.
The historical rank and industry rank for Aero Lab International's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:326A'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -39.09 Med: 56.01 Max: 72.03
Current: 51.66
During the past 4 years, Aero Lab International's highest ROC (Joel Greenblatt) % was 72.03%. The lowest was -39.09%. And the median was 56.01%.
TSE:326A's ROC (Joel Greenblatt) % is not ranked
in the Aerospace & Defense industry.
Industry Median: 10.1
vs TSE:326A: 51.66
Aero Lab International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Aero Lab International (TSE:326A) 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.
Aero Lab International ROC (Joel Greenblatt) % Related Terms
Aero Lab International ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aero Lab International'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.
Aero Lab International ROC (Joel Greenblatt) % Chart
TSE:326A vs GE, RTX, BA: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Aero Lab International'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.
Aero Lab International ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aero Lab International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aero Lab International's ROC (Joel Greenblatt) % falls into.
Aero Lab International 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 56.51% mean?
Aero Lab International (TSE:326A) has a ROC (Joel Greenblatt) % of 56.51% 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 Aero Lab International and its competitors. This is near median its historical median of 56.01.
Is Aero Lab International's ROC (Joel Greenblatt) % too high?
Aero Lab International's current ROC (Joel Greenblatt) % of 56.51% is near median its 10-year median of 56.01. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.10. Aero Lab International's value of 56.51% is 459.5% above this industry median. Overall, Aero Lab International has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aero Lab International's ROC (Joel Greenblatt) % compare to GE and RTX?
Aero Lab International's ROC (Joel Greenblatt) % of 56.51% can be compared against companies in the Aerospace & Defense industry. The industry median ROC (Joel Greenblatt) % is 10.10. Aero Lab International's value of 56.51% is 459.5% above this benchmark. While the company's 10-year median is 56.01 vs. the industry median of 10.10, Aero Lab International 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.10, based on 359 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. Aero Lab International's current ROC (Joel Greenblatt) % of 56.51% is 459.5% 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 Aero Lab International and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aero Lab International's current ROC (Joel Greenblatt) % is 56.51%, which is near median its own 10-year median of 56.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aero Lab International stock overvalued right now?
Aero Lab International (TSE:326A) has a current ROC (Joel Greenblatt) % of 56.51%. The current ROC (Joel Greenblatt) % is 56.51%, which is near median its 10-year median of 56.01 and 459.5% above the Aerospace & Defense industry median of 10.10. Aero Lab International's overall GF Score™ is 17/100 with 2 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 Aero Lab International (TSE:326A), the current ROC (Joel Greenblatt) % is 56.51% 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.
Aero Lab International Inc engaged in Aircraft sales and related business. Its business also include Repair, maintenance and sales of small aircraft, Management, transportation, import and export and Merchandise sales and planning.
17GF Score
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