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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. CI Medical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was 29.84%.
The historical rank and industry rank for CI Medical Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3540'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.87 Med: 33.61 Max: 74.78
Current: 36.95
During the past 10 years, CI Medical Co's highest ROC (Joel Greenblatt) % was 74.78%. The lowest was 12.87%. And the median was 33.61%.
TSE:3540's ROC (Joel Greenblatt) % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 11.99
vs TSE:3540: 36.95
CI Medical Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.70% per year.
CI Medical Co (TSE:3540) 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.
CI Medical Co ROC (Joel Greenblatt) % Related Terms
CI Medical Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for CI Medical 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:3540 vs PG, CL, KMB: ROC (Joel Greenblatt) % Comparison
For the Household & Personal Products subindustry, CI Medical 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.
CI Medical Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, CI Medical Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CI Medical Co'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 (Jun. 2025) 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 29.84% mean?
CI Medical Co (TSE:3540) has a ROC (Joel Greenblatt) % of 29.84% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CI Medical Co and its competitors. This is 11% below median its historical median of 33.61. Over the past decade, CI Medical Co's ROC (Joel Greenblatt) % has ranged from 12.87 to 74.78.
Is CI Medical Co's ROC (Joel Greenblatt) % too high?
CI Medical Co's current ROC (Joel Greenblatt) % of 29.84% is 11% below median its 10-year median of 33.61. Over the past 10 years, this metric has ranged from a low of 12.87 to a high of 74.78. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. CI Medical Co's value of 29.84% is 148.9% above this industry median. Overall, CI Medical Co has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does CI Medical Co's ROC (Joel Greenblatt) % compare to PG and CL?
CI Medical Co's ROC (Joel Greenblatt) % of 29.84% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC (Joel Greenblatt) % is 11.99. CI Medical Co's value of 29.84% is 148.9% above this benchmark. Historically, CI Medical Co's own ROC (Joel Greenblatt) % has ranged from 12.87 to 74.78 over the past decade. While the company's 10-year median is 33.61 vs. the industry median of 11.99, CI Medical 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,982 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. CI Medical Co's current ROC (Joel Greenblatt) % of 29.84% is 148.9% 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 CI Medical Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CI Medical Co's current ROC (Joel Greenblatt) % is 29.84%, which is 11% below median its own 10-year median of 33.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Medical Co stock overvalued right now?
CI Medical Co (TSE:3540) has a current ROC (Joel Greenblatt) % of 29.84%. The stock's GF Value™ is 円2,121.23, compared to a current price of 円1,492.00 — trading 29.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.84%, which is 11% below median its 10-year median of 33.61 and 148.9% above the Consumer Packaged Goods industry median of 11.99. CI Medical Co's overall GF Score™ is 70/100 with 9 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 CI Medical Co (TSE:3540), the current ROC (Joel Greenblatt) % is 29.84% as of Jun. 2025. 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 CI Medical Co (TSE:3540) Overvalued in 2026?
Based on GuruFocus' analysis, CI Medical Co stock appears to be undervalued.
The current stock price of 円1,492.00 is trading 29.7% below its estimated GF Value™ of 円2,121.23.
Key valuation signals for TSE:3540:
ROC (Joel Greenblatt) %: 29.84% (11% below median its 10-year median of 33.61)
GF Value™: 円2,121.23 vs. price of 円1,492.00 (29.7% below fair value)
Industry Position: 148.9% above the Consumer Packaged Goods median
No single metric tells the full story. See the TSE:3540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CI Medical Co Ltd engages in the development, manufacturing, and sales of dental care products. It operates 3D design labs; it offers advertising and marketing services through its website "Dental Mall" and also manages oral health care website "Ci Mall" and "Dental Fit" through which it sells oral health products and dentures. It serves medical cooperatives, dental clinics, dental associations, health centers, dental colleges, veterinary clinics, nursing home care facilities, and dental dealers.
70GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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