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Asahi Printing CoTSE:3951 72 ROC (Joel Greenblatt) % is 7.11% as of Mar. 2026, which is 1% below its 10-year median of 7.21. GuruFocus rates TSE:3951 with a GF Score™ of 72/100 and a GF Value™ of 円988.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 407 Packaging & Containers companies, Asahi Printing Co ranks worse than 65.11% 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. Asahi Printing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.11%.
The historical rank and industry rank for Asahi Printing Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3951'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.76 Med: 7.21 Max: 11.31
Current: 5.84
During the past 13 years, Asahi Printing Co's highest ROC (Joel Greenblatt) % was 11.31%. The lowest was 5.76%. And the median was 7.21%.
TSE:3951's ROC (Joel Greenblatt) % is ranked worse than 65.11% of 407
companies
in the Packaging & Containers industry
Industry Median: 9.01
vs TSE:3951: 5.84
Asahi Printing Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.80% per year.
Asahi Printing Co (TSE:3951) 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.
Asahi Printing Co ROC (Joel Greenblatt) % Related Terms
Asahi Printing Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Asahi Printing 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:3951 vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Asahi Printing 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.
Asahi Printing Co ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asahi Printing Co's ROC (Joel Greenblatt) % falls into.
Asahi Printing 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 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 7.11% mean?
Asahi Printing Co (TSE:3951) has a ROC (Joel Greenblatt) % of 7.11% 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 Asahi Printing Co and its competitors. This is near median its historical median of 7.21. Over the past decade, Asahi Printing Co's ROC (Joel Greenblatt) % has ranged from 5.76 to 11.31. According to the industry distribution chart, Asahi Printing Co ranks #265 out of 407 companies in the Packaging & Containers industry, placing it in the top 65.1%.
Is Asahi Printing Co's ROC (Joel Greenblatt) % too high?
Asahi Printing Co's current ROC (Joel Greenblatt) % of 7.11% is near median its 10-year median of 7.21. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 11.31. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 9.01. Asahi Printing Co's value of 7.11% is 21.1% below this industry median. Based on the distribution chart, Asahi Printing Co ranks #265 out of 407 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Asahi Printing Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #265 out of 407 companies for ROC (Joel Greenblatt) %. This places Asahi Printing Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.01. Asahi Printing Co's value of 7.11% is 21.1% below this benchmark. Historically, Asahi Printing Co's own ROC (Joel Greenblatt) % has ranged from 5.76 to 11.31 over the past decade. While the company's 10-year median is 7.21 vs. the industry median of 9.01, Asahi Printing Co has consistently been below 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 9.01, based on 407 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. Asahi Printing Co's current ROC (Joel Greenblatt) % of 7.11% is 21.1% below 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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current ROC (Joel Greenblatt) % is 7.11%, which is near median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円988.37, compared to a current price of 円889.00 — trading 10.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.11%, which is near median its 10-year median of 7.21 and 21.1% below the Packaging & Containers industry median of 9.01. Asahi Printing Co's overall GF Score™ is 72/100 with 2 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 Asahi Printing Co (TSE:3951), the current ROC (Joel Greenblatt) % is 7.11% 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued.
The current stock price of 円889.00 is trading 10.1% below its estimated GF Value™ of 円988.37.
GuruFocus considers Asahi Printing Co to be Modestly Undervalued.
Key valuation signals for TSE:3951:
ROC (Joel Greenblatt) %: 7.11% (near median its 10-year median of 7.21)
GF Value™: 円988.37 vs. price of 円889.00 (10.1% below fair value)
Industry Position: 21.1% below the Packaging & Containers median (#265 of 407)
No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
72GF Score
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