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Medical NetTSE:3645 61 ROC (Joel Greenblatt) % is 52.38% as of Feb. 2026, which is 33% below its 10-year median of 78.47. GuruFocus rates TSE:3645 with a GF Score™ of 61/100 and a GF Value™ of 円427.24 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 549 Interactive Media companies, Medical Net ranks better than 50.82% 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. Medical Net's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 52.38%.
The historical rank and industry rank for Medical Net's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3645'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.86 Med: 78.47 Max: 190.41
Current: 26.57
During the past 13 years, Medical Net's highest ROC (Joel Greenblatt) % was 190.41%. The lowest was 6.86%. And the median was 78.47%.
TSE:3645's ROC (Joel Greenblatt) % is ranked better than 50.82% of 549
companies
in the Interactive Media industry
Industry Median: 16.47
vs TSE:3645: 26.57
Medical Net's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -33.70% per year.
Medical Net (TSE:3645) 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.
Medical Net ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Medical Net'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:3645 vs GOOGL, META, SPOT: ROC (Joel Greenblatt) % Comparison
For the Internet Content & Information subindustry, Medical Net'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.
Medical Net ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Medical Net's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Medical Net'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 (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 52.38% mean?
Medical Net (TSE:3645) has a ROC (Joel Greenblatt) % of 52.38% 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 Medical Net and its competitors. This is 33% below median its historical median of 78.47. Over the past decade, Medical Net's ROC (Joel Greenblatt) % has ranged from 6.86 to 190.41. According to the industry distribution chart, Medical Net ranks #270 out of 549 companies in the Interactive Media industry, placing it in the top 49.2%.
Is Medical Net's ROC (Joel Greenblatt) % too high?
Medical Net's current ROC (Joel Greenblatt) % of 52.38% is 33% below median its 10-year median of 78.47. Over the past 10 years, this metric has ranged from a low of 6.86 to a high of 190.41. The Interactive Media industry median ROC (Joel Greenblatt) % is 16.47. Medical Net's value of 52.38% is 218% above this industry median. Based on the distribution chart, Medical Net ranks #270 out of 549 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Medical Net has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's ROC (Joel Greenblatt) % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medical Net ranks #270 out of 549 companies for ROC (Joel Greenblatt) %. This puts Medical Net in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 16.47. Medical Net's value of 52.38% is 218% above this benchmark. Historically, Medical Net's own ROC (Joel Greenblatt) % has ranged from 6.86 to 190.41 over the past decade. While the company's 10-year median is 78.47 vs. the industry median of 16.47, Medical Net 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 Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.47, based on 549 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. Medical Net's current ROC (Joel Greenblatt) % of 52.38% is 218% 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 Medical Net and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Net's current ROC (Joel Greenblatt) % is 52.38%, which is 33% below median its own 10-year median of 78.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円427.24, compared to a current price of 円243.00 — trading 43.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 52.38%, which is 33% below median its 10-year median of 78.47 and 218% above the Interactive Media industry median of 16.47. Medical Net's overall GF Score™ is 61/100 with 4 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 Medical Net (TSE:3645), the current ROC (Joel Greenblatt) % is 52.38% 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 Medical Net (TSE:3645) Overvalued in 2026?
Based on GuruFocus' analysis, Medical Net stock appears to be undervalued.
The current stock price of 円243.00 is trading 43.1% below its estimated GF Value™ of 円427.24.
GuruFocus considers Medical Net to be Significantly Undervalued.
Key valuation signals for TSE:3645:
ROC (Joel Greenblatt) %: 52.38% (33% below median its 10-year median of 78.47)
GF Value™: 円427.24 vs. price of 円243.00 (43.1% below fair value)
Industry Position: 218% above the Interactive Media median (#270 of 549)
No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
61GF Score
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