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Netyear GroupTSE:3622 -1.82%56 ROC (Joel Greenblatt) % is 117.23% as of Mar. 2026, which is 310% above its 10-year median of 28.57. GuruFocus rates TSE:3622 with a GF Score™ of 56/100 and a GF Value™ of 円565.66 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,015 Media - Diversified companies, Netyear Group ranks better than 83.94% 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. Netyear Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 117.23%.
The historical rank and industry rank for Netyear Group's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3622'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53.93 Med: 28.57 Max: 79.42
Current: 79.42
During the past 13 years, Netyear Group's highest ROC (Joel Greenblatt) % was 79.42%. The lowest was -53.93%. And the median was 28.57%.
TSE:3622's ROC (Joel Greenblatt) % is ranked better than 83.94% of 1015
companies
in the Media - Diversified industry
Industry Median: 9.81
vs TSE:3622: 79.42
Netyear Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.80% per year.
Netyear Group (TSE:3622) 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.
Netyear Group ROC (Joel Greenblatt) % Related Terms
Netyear Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Netyear Group'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:3622 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison
For the Advertising Agencies subindustry, Netyear Group'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.
Netyear Group ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Netyear Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Netyear Group'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 117.23% mean?
Netyear Group (TSE:3622) has a ROC (Joel Greenblatt) % of 117.23% 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 Netyear Group and its competitors. This is 310% above median its historical median of 28.57. According to the industry distribution chart, Netyear Group ranks #163 out of 1015 companies in the Media - Diversified industry, placing it in the top 16.1%.
Is Netyear Group's ROC (Joel Greenblatt) % too high?
Netyear Group's current ROC (Joel Greenblatt) % of 117.23% is 310% above median its 10-year median of 28.57. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. Netyear Group's value of 117.23% is 1095% above this industry median. Based on the distribution chart, Netyear Group ranks #163 out of 1015 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Netyear Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netyear Group's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Netyear Group ranks #163 out of 1015 companies for ROC (Joel Greenblatt) %. This places Netyear Group in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.81. Netyear Group's value of 117.23% is 1095% above this benchmark. While the company's 10-year median is 28.57 vs. the industry median of 9.81, Netyear Group 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.81, based on 1,015 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. Netyear Group's current ROC (Joel Greenblatt) % of 117.23% is 1095% 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 Netyear Group and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netyear Group's current ROC (Joel Greenblatt) % is 117.23%, which is 310% above median its own 10-year median of 28.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netyear Group stock overvalued right now?
Based on GuruFocus' analysis, Netyear Group (TSE:3622) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.66, compared to a current price of 円485.00 — trading 14.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 117.23%, which is 310% above median its 10-year median of 28.57 and 1095% above the Media - Diversified industry median of 9.81. Netyear Group's overall GF Score™ is 56/100 with 1 warning sign 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 Netyear Group (TSE:3622), the current ROC (Joel Greenblatt) % is 117.23% 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 Netyear Group (TSE:3622) Overvalued in 2026?
Based on GuruFocus' analysis, Netyear Group stock appears to be undervalued.
The current stock price of 円485.00 is trading 14.3% below its estimated GF Value™ of 円565.66.
GuruFocus considers Netyear Group to be Modestly Undervalued.
Key valuation signals for TSE:3622:
ROC (Joel Greenblatt) %: 117.23% (310% above median its 10-year median of 28.57)
GF Value™: 円565.66 vs. price of 円485.00 (14.3% below fair value)
Industry Position: 1095% above the Media - Diversified median (#163 of 1015)
No single metric tells the full story. See the TSE:3622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netyear Group Corp is developing innovative marketing solutions using generative AI. By making full use of digital technology with a thorough user perspective, the company effectively introduce generative AI into digital marketing consulting, digital content planning and production, system development, marketing tools, and more, to support the evolution of corporate management and enhanced engagement with end users.
56GF Score
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