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Rakus CoTSE:3923 +1.18%95 ROC (Joel Greenblatt) % is 717.66% as of Mar. 2026, which is 29% above its 10-year median of 555.03. GuruFocus rates TSE:3923 with a GF Score™ of 95/100 and a GF Value™ of 円1,421.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,820 Software companies, Rakus Co ranks better than 95% 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. Rakus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 717.66%.
The historical rank and industry rank for Rakus Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3923'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 135.82 Med: 555.03 Max: 847.57
Current: 663.22
During the past 12 years, Rakus Co's highest ROC (Joel Greenblatt) % was 847.57%. The lowest was 135.82%. And the median was 555.03%.
TSE:3923's ROC (Joel Greenblatt) % is ranked better than 95% of 2820
companies
in the Software industry
Industry Median: 19.52
vs TSE:3923: 663.22
Rakus Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 24.10% per year.
Rakus Co (TSE:3923) 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.
The historical data trend for Rakus 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:3923 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Rakus 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.
Rakus Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Rakus Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rakus 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 four times the quarterly (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 717.66% mean?
Rakus Co (TSE:3923) has a ROC (Joel Greenblatt) % of 717.66% 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 Rakus Co and its competitors. This is 29% above median its historical median of 555.03. Over the past decade, Rakus Co's ROC (Joel Greenblatt) % has ranged from 135.82 to 847.57. According to the industry distribution chart, Rakus Co ranks #141 out of 2820 companies in the Software industry, placing it in the top 5%.
Is Rakus Co's ROC (Joel Greenblatt) % too high?
Rakus Co's current ROC (Joel Greenblatt) % of 717.66% is 29% above median its 10-year median of 555.03. Over the past 10 years, this metric has ranged from a low of 135.82 to a high of 847.57. The Software industry median ROC (Joel Greenblatt) % is 19.52. Rakus Co's value of 717.66% is 3576.5% above this industry median. Based on the distribution chart, Rakus Co ranks #141 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Rakus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rakus Co's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Rakus Co ranks #141 out of 2820 companies for ROC (Joel Greenblatt) %. This places Rakus Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.52. Rakus Co's value of 717.66% is 3576.5% above this benchmark. Historically, Rakus Co's own ROC (Joel Greenblatt) % has ranged from 135.82 to 847.57 over the past decade. While the company's 10-year median is 555.03 vs. the industry median of 19.52, Rakus 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 19.52, based on 2,820 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. Rakus Co's current ROC (Joel Greenblatt) % of 717.66% is 3576.5% 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 Rakus Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rakus Co's current ROC (Joel Greenblatt) % is 717.66%, which is 29% above median its own 10-year median of 555.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rakus Co stock overvalued right now?
Based on GuruFocus' analysis, Rakus Co (TSE:3923) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,421.84, compared to a current price of 円1,031.50 — trading 27.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 717.66%, which is 29% above median its 10-year median of 555.03 and 3576.5% above the Software industry median of 19.52. Rakus Co's overall GF Score™ is 95/100 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 Rakus Co (TSE:3923), the current ROC (Joel Greenblatt) % is 717.66% 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 Rakus Co (TSE:3923) Overvalued in 2026?
Based on GuruFocus' analysis, Rakus Co stock appears to be undervalued.
The current stock price of 円1,031.50 is trading 27.5% below its estimated GF Value™ of 円1,421.84.
GuruFocus considers Rakus Co to be Modestly Undervalued.
Key valuation signals for TSE:3923:
ROC (Joel Greenblatt) %: 717.66% (29% above median its 10-year median of 555.03)
GF Value™: 円1,421.84 vs. price of 円1,031.50 (27.5% below fair value)
Industry Position: 3576.5% above the Software median (#141 of 2820)
No single metric tells the full story. See the TSE:3923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rakus Co Ltd provides information technology services in Japan. The Company's services include cloud services and email management software. The cloud services include the development and sales of transportation expenses, mail sharing and unified management system, mail delivery system and others. The dispatch of IT engineers services mainly provides employee dispatching services specializing in IT engineer, providing services includes Java system development, infrastructure construction and operation, and others.
95GF Score
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