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Data Applications CoTSE:3848 -0.37%64 ROC (Joel Greenblatt) % is 171.92% as of Mar. 2026, which is 37% below its 10-year median of 273.93. GuruFocus rates TSE:3848 with a GF Score™ of 64/100 and a GF Value™ of 円1,447.98 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,819 Software companies, Data Applications Co ranks better than 77.65% 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. Data Applications Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 171.92%.
The historical rank and industry rank for Data Applications Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3848'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 111.41 Med: 273.93 Max: 5083.19
Current: 134.43
During the past 13 years, Data Applications Co's highest ROC (Joel Greenblatt) % was 5083.19%. The lowest was 111.41%. And the median was 273.93%.
TSE:3848's ROC (Joel Greenblatt) % is ranked better than 77.65% of 2819
companies
in the Software industry
Industry Median: 19.59
vs TSE:3848: 134.43
Data Applications Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.60% per year.
Data Applications Co (TSE:3848) 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.
Data Applications Co ROC (Joel Greenblatt) % Related Terms
Data Applications Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Data Applications 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.
Data Applications Co ROC (Joel Greenblatt) % Chart
TSE:3848 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Data Applications 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.
Data Applications Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Data Applications Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Data Applications Co's ROC (Joel Greenblatt) % falls into.
Data Applications 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 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 171.92% mean?
Data Applications Co (TSE:3848) has a ROC (Joel Greenblatt) % of 171.92% 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 Data Applications Co and its competitors. This is 37% below median its historical median of 273.93. Over the past decade, Data Applications Co's ROC (Joel Greenblatt) % has ranged from 111.41 to 5,083.19. According to the industry distribution chart, Data Applications Co ranks #630 out of 2819 companies in the Software industry, placing it in the top 22.3%.
Is Data Applications Co's ROC (Joel Greenblatt) % too high?
Data Applications Co's current ROC (Joel Greenblatt) % of 171.92% is 37% below median its 10-year median of 273.93. Over the past 10 years, this metric has ranged from a low of 111.41 to a high of 5,083.19. The Software industry median ROC (Joel Greenblatt) % is 19.59. Data Applications Co's value of 171.92% is 777.6% above this industry median. Based on the distribution chart, Data Applications Co ranks #630 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Data Applications Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Data Applications Co's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Data Applications Co ranks #630 out of 2819 companies for ROC (Joel Greenblatt) %. This places Data Applications Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Data Applications Co's value of 171.92% is 777.6% above this benchmark. Historically, Data Applications Co's own ROC (Joel Greenblatt) % has ranged from 111.41 to 5,083.19 over the past decade. While the company's 10-year median is 273.93 vs. the industry median of 19.59, Data Applications 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. Data Applications Co's current ROC (Joel Greenblatt) % of 171.92% is 777.6% 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 Data Applications Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Data Applications Co's current ROC (Joel Greenblatt) % is 171.92%, which is 37% below median its own 10-year median of 273.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Data Applications Co stock overvalued right now?
Based on GuruFocus' analysis, Data Applications Co (TSE:3848) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,447.98, compared to a current price of 円814.00 — trading 43.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 171.92%, which is 37% below median its 10-year median of 273.93 and 777.6% above the Software industry median of 19.59. Data Applications Co's overall GF Score™ is 64/100 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 Data Applications Co (TSE:3848), the current ROC (Joel Greenblatt) % is 171.92% 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 Data Applications Co (TSE:3848) Overvalued in 2026?
Based on GuruFocus' analysis, Data Applications Co stock appears to be undervalued.
The current stock price of 円814.00 is trading 43.8% below its estimated GF Value™ of 円1,447.98.
GuruFocus considers Data Applications Co to be Significantly Undervalued.
Key valuation signals for TSE:3848:
ROC (Joel Greenblatt) %: 171.92% (37% below median its 10-year median of 273.93)
GF Value™: 円1,447.98 vs. price of 円814.00 (43.8% below fair value)
Industry Position: 777.6% above the Software median (#630 of 2819)
No single metric tells the full story. See the TSE:3848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Data Applications Co Ltd is engaged in the product development, sales and consulting of inter company data exchange middleware and in house application cooperation middleware. The solutions offered by the company include Internet EDI, circulating BMS, PSTN migration, data linkage, transition, and conversion.
64GF Score
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