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Showa PaxxsTSE:3954 +1.45%63 ROC (Joel Greenblatt) % is 17.30% as of Mar. 2026, which is 10% below its 10-year median of 19.19. GuruFocus rates TSE:3954 with a GF Score™ of 63/100 and a GF Value™ of 円2,027.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 403 Packaging & Containers companies, Showa Paxxs ranks better than 77.42% 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. Showa Paxxs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.30%.
The historical rank and industry rank for Showa Paxxs's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3954'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.22 Med: 19.19 Max: 22.96
Current: 18.96
During the past 13 years, Showa Paxxs's highest ROC (Joel Greenblatt) % was 22.96%. The lowest was 14.22%. And the median was 19.19%.
TSE:3954's ROC (Joel Greenblatt) % is ranked better than 77.42% of 403
companies
in the Packaging & Containers industry
Industry Median: 8.79
vs TSE:3954: 18.96
Showa Paxxs's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.30% per year.
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.
Showa Paxxs ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Showa Paxxs'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:3954 vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Showa Paxxs'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.
Showa Paxxs ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Showa Paxxs's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Showa Paxxs'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 17.30% mean?
Showa Paxxs (TSE:3954) has a ROC (Joel Greenblatt) % of 17.30% 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 Showa Paxxs and its competitors. This is 10% below median its historical median of 19.19. Over the past decade, Showa Paxxs' ROC (Joel Greenblatt) % has ranged from 14.22 to 22.96. According to the industry distribution chart, Showa Paxxs ranks #91 out of 403 companies in the Packaging & Containers industry, placing it in the top 22.6%.
Is Showa Paxxs' ROC (Joel Greenblatt) % too high?
Showa Paxxs' current ROC (Joel Greenblatt) % of 17.30% is 10% below median its 10-year median of 19.19. Over the past 10 years, this metric has ranged from a low of 14.22 to a high of 22.96. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.79. Showa Paxxs' value of 17.30% is 96.8% above this industry median. Based on the distribution chart, Showa Paxxs ranks #91 out of 403 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Showa Paxxs has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Showa Paxxs' ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Showa Paxxs ranks #91 out of 403 companies for ROC (Joel Greenblatt) %. This places Showa Paxxs in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.79. Showa Paxxs' value of 17.30% is 96.8% above this benchmark. Historically, Showa Paxxs' own ROC (Joel Greenblatt) % has ranged from 14.22 to 22.96 over the past decade. While the company's 10-year median is 19.19 vs. the industry median of 8.79, Showa Paxxs 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.79, based on 403 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. Showa Paxxs's current ROC (Joel Greenblatt) % of 17.30% is 96.8% 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 Showa Paxxs and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showa Paxxs's current ROC (Joel Greenblatt) % is 17.30%, which is 10% below median its own 10-year median of 19.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa Paxxs stock overvalued right now?
Based on GuruFocus' analysis, Showa Paxxs (TSE:3954) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,027.60, compared to a current price of 円3,145.00 — trading 55.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.30%, which is 10% below median its 10-year median of 19.19 and 96.8% above the Packaging & Containers industry median of 8.79. Showa Paxxs' overall GF Score™ is 63/100 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 Showa Paxxs (TSE:3954), the current ROC (Joel Greenblatt) % is 17.30% 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 Showa Paxxs (TSE:3954) Overvalued in 2026?
Based on GuruFocus' analysis, Showa Paxxs stock appears to be overvalued.
The current stock price of 円3,145.00 is trading 55.1% above its estimated GF Value™ of 円2,027.60.
GuruFocus considers Showa Paxxs to be Significantly Overvalued.
Key valuation signals for TSE:3954:
ROC (Joel Greenblatt) %: 17.30% (10% below median its 10-year median of 19.19)
GF Value™: 円2,027.60 vs. price of 円3,145.00 (55.1% above fair value)
Industry Position: 96.8% above the Packaging & Containers median (#91 of 403)
No single metric tells the full story. See the TSE:3954 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showa Paxxs Corporation is an industrial packaging container manufacturer. It is engaged in manufacturing and selling packaging materials and containers. The products offered by the company include heavy wrapping paper bags, containers, film, and packaging machine equipment systems.
63GF Score
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