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Kasumigaseki Capital CoTSE:3498 +0.54%80 ROC (Joel Greenblatt) % is 23.23% as of Feb. 2026, which is 37% above its 10-year median of 17.01. GuruFocus rates TSE:3498 with a GF Score™ of 80/100 and a GF Value™ of 円12,521.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 562 Conglomerates companies, Kasumigaseki Capital Co ranks better than 61.21% 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. Kasumigaseki Capital Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 23.23%.
The historical rank and industry rank for Kasumigaseki Capital Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3498'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.55 Med: 17.01 Max: 31.55
Current: 21.24
During the past 10 years, Kasumigaseki Capital Co's highest ROC (Joel Greenblatt) % was 31.55%. The lowest was 5.55%. And the median was 17.01%.
TSE:3498's ROC (Joel Greenblatt) % is ranked better than 61.21% of 562
companies
in the Conglomerates industry
Industry Median: 14.71
vs TSE:3498: 21.24
Kasumigaseki Capital Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 31.20% per year.
Kasumigaseki Capital Co (TSE:3498) 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.
Kasumigaseki Capital Co ROC (Joel Greenblatt) % Related Terms
Kasumigaseki Capital Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kasumigaseki Capital 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.
Kasumigaseki Capital Co ROC (Joel Greenblatt) % Chart
TSE:3498 vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Kasumigaseki Capital 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.
Kasumigaseki Capital Co ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kasumigaseki Capital Co's ROC (Joel Greenblatt) % falls into.
Kasumigaseki Capital 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 four times the quarterly (Feb. 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 23.23% mean?
Kasumigaseki Capital Co (TSE:3498) has a ROC (Joel Greenblatt) % of 23.23% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kasumigaseki Capital Co and its competitors. This is 37% above median its historical median of 17.01. Over the past decade, Kasumigaseki Capital Co's ROC (Joel Greenblatt) % has ranged from 5.55 to 31.55. According to the industry distribution chart, Kasumigaseki Capital Co ranks #218 out of 562 companies in the Conglomerates industry, placing it in the top 38.8%.
Is Kasumigaseki Capital Co's ROC (Joel Greenblatt) % too high?
Kasumigaseki Capital Co's current ROC (Joel Greenblatt) % of 23.23% is 37% above median its 10-year median of 17.01. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 31.55. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.71. Kasumigaseki Capital Co's value of 23.23% is 57.9% above this industry median. Based on the distribution chart, Kasumigaseki Capital Co ranks #218 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Kasumigaseki Capital Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kasumigaseki Capital Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kasumigaseki Capital Co ranks #218 out of 562 companies for ROC (Joel Greenblatt) %. This puts Kasumigaseki Capital Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.71. Kasumigaseki Capital Co's value of 23.23% is 57.9% above this benchmark. Historically, Kasumigaseki Capital Co's own ROC (Joel Greenblatt) % has ranged from 5.55 to 31.55 over the past decade. While the company's 10-year median is 17.01 vs. the industry median of 14.71, Kasumigaseki Capital 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 14.71, 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. Kasumigaseki Capital Co's current ROC (Joel Greenblatt) % of 23.23% is 57.9% 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 Kasumigaseki Capital Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kasumigaseki Capital Co's current ROC (Joel Greenblatt) % is 23.23%, which is 37% above median its own 10-year median of 17.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kasumigaseki Capital Co stock overvalued right now?
Based on GuruFocus' analysis, Kasumigaseki Capital Co (TSE:3498) is currently considered Significantly Undervalued. The stock's GF Value™ is 円12,521.81, compared to a current price of 円7,430.00 — trading 40.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.23%, which is 37% above median its 10-year median of 17.01 and 57.9% above the Conglomerates industry median of 14.71. Kasumigaseki Capital Co's overall GF Score™ is 80/100 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 Kasumigaseki Capital Co (TSE:3498), the current ROC (Joel Greenblatt) % is 23.23% as of Feb. 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 Kasumigaseki Capital Co (TSE:3498) Overvalued in 2026?
Based on GuruFocus' analysis, Kasumigaseki Capital Co stock appears to be undervalued.
The current stock price of 円7,430.00 is trading 40.7% below its estimated GF Value™ of 円12,521.81.
GuruFocus considers Kasumigaseki Capital Co to be Significantly Undervalued.
Key valuation signals for TSE:3498:
ROC (Joel Greenblatt) %: 23.23% (37% above median its 10-year median of 17.01)
GF Value™: 円12,521.81 vs. price of 円7,430.00 (40.7% below fair value)
Industry Position: 57.9% above the Conglomerates median (#218 of 562)
No single metric tells the full story. See the TSE:3498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.
80GF Score
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