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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. Osaka Organic Chemical Industry's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 36.34%.
The historical rank and industry rank for Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4187'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.99 Med: 20.11 Max: 38.91
Current: 38.91
During the past 13 years, Osaka Organic Chemical Industry's highest ROC (Joel Greenblatt) % was 38.91%. The lowest was 13.99%. And the median was 20.11%.
TSE:4187's ROC (Joel Greenblatt) % is ranked better than 91.58% of 1604
companies
in the Chemicals industry
Industry Median: 9.645
vs TSE:4187: 38.91
Osaka Organic Chemical Industry (TSE:4187) 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.
* 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.
Osaka Organic Chemical Industry ROC (Joel Greenblatt) % Chart
TSE:4187 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Osaka Organic Chemical Industry'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.
Osaka Organic Chemical Industry ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % falls into.
Osaka Organic Chemical Industry 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 (May. 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 36.34% mean?
Osaka Organic Chemical Industry (TSE:4187) has a ROC (Joel Greenblatt) % of 36.34% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Osaka Organic Chemical Industry and its competitors. This is 81% above median its historical median of 20.11. Over the past decade, Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % has ranged from 13.99 to 38.91. According to the industry distribution chart, Osaka Organic Chemical Industry ranks #135 out of 1604 companies in the Chemicals industry, placing it in the top 8.4%.
Is Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % too high?
Osaka Organic Chemical Industry's current ROC (Joel Greenblatt) % of 36.34% is 81% above median its 10-year median of 20.11. Over the past 10 years, this metric has ranged from a low of 13.99 to a high of 38.91. The Chemicals industry median ROC (Joel Greenblatt) % is 9.65. Osaka Organic Chemical Industry's value of 36.34% is 276.8% above this industry median. Based on the distribution chart, Osaka Organic Chemical Industry ranks #135 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Osaka Organic Chemical Industry has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Osaka Organic Chemical Industry's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Osaka Organic Chemical Industry ranks #135 out of 1604 companies for ROC (Joel Greenblatt) %. This places Osaka Organic Chemical Industry in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.65. Osaka Organic Chemical Industry's value of 36.34% is 276.8% above this benchmark. Historically, Osaka Organic Chemical Industry's own ROC (Joel Greenblatt) % has ranged from 13.99 to 38.91 over the past decade. While the company's 10-year median is 20.11 vs. the industry median of 9.65, Osaka Organic Chemical Industry 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.65, based on 1,604 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. Osaka Organic Chemical Industry's current ROC (Joel Greenblatt) % of 36.34% is 276.8% 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 Osaka Organic Chemical Industry and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osaka Organic Chemical Industry's current ROC (Joel Greenblatt) % is 36.34%, which is 81% above median its own 10-year median of 20.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osaka Organic Chemical Industry stock overvalued right now?
Based on GuruFocus' analysis, Osaka Organic Chemical Industry (TSE:4187) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,863.92, compared to a current price of 円4,535.00 — trading 17.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 36.34%, which is 81% above median its 10-year median of 20.11 and 276.8% above the Chemicals industry median of 9.65. Osaka Organic Chemical Industry's overall GF Score™ is 94/100 with 3 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 Osaka Organic Chemical Industry (TSE:4187), the current ROC (Joel Greenblatt) % is 36.34% as of May. 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 Osaka Organic Chemical Industry (TSE:4187) Overvalued in 2026?
Based on GuruFocus' analysis, Osaka Organic Chemical Industry stock appears to be overvalued.
The current stock price of 円4,535.00 is trading 17.4% above its estimated GF Value™ of 円3,863.92.
GuruFocus considers Osaka Organic Chemical Industry to be Modestly Overvalued.
Key valuation signals for TSE:4187:
ROC (Joel Greenblatt) %: 36.34% (81% above median its 10-year median of 20.11)
GF Value™: 円3,863.92 vs. price of 円4,535.00 (17.4% above fair value)
Industry Position: 276.8% above the Chemicals median (#135 of 1604)
No single metric tells the full story. See the TSE:4187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Osaka Organic Chemical Industry Ltd is engaged in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers, refining and processing of solvents. It operates in three segments: Chemical segment manufactures and sells speciality acrylic acid ester and acrylic acid for paints, adhesives and inks. The Electronic Materials segment manufactures and sells electronic materials, such as liquid crystal materials and semiconductors. The Specialty Chemicals segment manufactures and sells cosmetics raw materials and functional materials.
94GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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