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Kawada TechnologiesTSE:3443 -0.92%74 ROC (Joel Greenblatt) % is 43.14% as of Mar. 2026, which is 117% above its 10-year median of 19.91. GuruFocus rates TSE:3443 with a GF Score™ of 74/100 and a GF Value™ of 円847.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,779 Construction companies, Kawada Technologies ranks better than 52.39% 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. Kawada Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.14%.
The historical rank and industry rank for Kawada Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3443'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.06 Med: 19.91 Max: 23.8
Current: 21.55
During the past 13 years, Kawada Technologies's highest ROC (Joel Greenblatt) % was 23.80%. The lowest was 12.06%. And the median was 19.91%.
TSE:3443's ROC (Joel Greenblatt) % is ranked better than 52.39% of 1779
companies
in the Construction industry
Industry Median: 19.68
vs TSE:3443: 21.55
Kawada Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.50% 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.
Kawada Technologies ROC (Joel Greenblatt) % Related Terms
Kawada Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kawada Technologies'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:3443 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Kawada Technologies'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.
Kawada Technologies ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Kawada Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kawada Technologies'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 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 43.14% mean?
Kawada Technologies (TSE:3443) has a ROC (Joel Greenblatt) % of 43.14% 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 Kawada Technologies and its competitors. This is 117% above median its historical median of 19.91. Over the past decade, Kawada Technologies' ROC (Joel Greenblatt) % has ranged from 12.06 to 23.80. According to the industry distribution chart, Kawada Technologies ranks #847 out of 1779 companies in the Construction industry, placing it in the top 47.6%.
Is Kawada Technologies' ROC (Joel Greenblatt) % too high?
Kawada Technologies' current ROC (Joel Greenblatt) % of 43.14% is 117% above median its 10-year median of 19.91. Over the past 10 years, this metric has ranged from a low of 12.06 to a high of 23.80. The Construction industry median ROC (Joel Greenblatt) % is 19.68. Kawada Technologies' value of 43.14% is 119.2% above this industry median. Based on the distribution chart, Kawada Technologies ranks #847 out of 1779 companies in the Construction industry, which is above the industry midpoint. Overall, Kawada Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawada Technologies' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kawada Technologies ranks #847 out of 1779 companies for ROC (Joel Greenblatt) %. This puts Kawada Technologies in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.68. Kawada Technologies' value of 43.14% is 119.2% above this benchmark. Historically, Kawada Technologies' own ROC (Joel Greenblatt) % has ranged from 12.06 to 23.80 over the past decade. While the company's 10-year median is 19.91 vs. the industry median of 19.68, Kawada Technologies 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.68, based on 1,779 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. Kawada Technologies's current ROC (Joel Greenblatt) % of 43.14% is 119.2% 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 Kawada Technologies and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawada Technologies's current ROC (Joel Greenblatt) % is 43.14%, which is 117% above median its own 10-year median of 19.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawada Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kawada Technologies (TSE:3443) is currently considered Significantly Overvalued. The stock's GF Value™ is 円847.33, compared to a current price of 円1,294.00 — trading 52.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 43.14%, which is 117% above median its 10-year median of 19.91 and 119.2% above the Construction industry median of 19.68. Kawada Technologies' overall GF Score™ is 74/100 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 Kawada Technologies (TSE:3443), the current ROC (Joel Greenblatt) % is 43.14% 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 Kawada Technologies (TSE:3443) Overvalued in 2026?
Based on GuruFocus' analysis, Kawada Technologies stock appears to be overvalued.
The current stock price of 円1,294.00 is trading 52.7% above its estimated GF Value™ of 円847.33.
GuruFocus considers Kawada Technologies to be Significantly Overvalued.
Key valuation signals for TSE:3443:
ROC (Joel Greenblatt) %: 43.14% (117% above median its 10-year median of 19.91)
GF Value™: 円847.33 vs. price of 円1,294.00 (52.7% above fair value)
Industry Position: 119.2% above the Construction median (#847 of 1779)
No single metric tells the full story. See the TSE:3443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawada Technologies Inc is a construction company. The company is involved in the design, manufacture, erection and installation of construction steel, the general architecture and system architecture, management of the group companies engaged in civil engineering and construction-related software development, such as business planning and management.
74GF Score
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