Carlit Co (TSE:4275) ROC (Joel Greenblatt) %: 11.34% (As of Mar. 2026) — 13% Above Median

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TSE:4275 Carlit Co Ltd TSE:4275
57 GF Score
Price 円2,415.00
GF Value 円1,204.94
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Carlit Co ROC (Joel Greenblatt) %?

Carlit Co TSE:4275 +0.33% 57 ROC (Joel Greenblatt) % is 11.34% as of Mar. 2026, which is 13% above its 10-year median of 10.04. GuruFocus rates TSE:4275 with a GF Score™ of 57/100 and a GF Value™ of 円1,204.94 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,604 Chemicals companies, Carlit Co ranks better than 62.59% 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. Carlit Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.34%.

The historical rank and industry rank for Carlit Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:4275' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.9   Med: 10.04   Max: 14.38
Current: 14.38

During the past 13 years, Carlit Co's highest ROC (Joel Greenblatt) % was 14.38%. The lowest was 3.90%. And the median was 10.04%.

TSE:4275's ROC (Joel Greenblatt) % is ranked better than
62.59% of 1604 companies
in the Chemicals industry
Industry Median: 9.685 vs TSE:4275: 14.38

Carlit Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.20% per year.


Carlit Co  (TSE:4275) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Carlit Co ROC (Joel Greenblatt) % Related Terms


Carlit Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Carlit 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.

Carlit Co ROC (Joel Greenblatt) % Chart

Carlit Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 12.12 13.16 14.25 14.16

Carlit Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.95 17.65 20.77 11.34

TSE:4275 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Carlit 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.


Carlit Co ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Carlit Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Carlit Co's ROC (Joel Greenblatt) % falls into.


TSE:4275
57GF Score
Carlit Co Ltd TSE:4275
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carlit 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10134 + 6422 + 2202) - (6240 + 0 + 4808)
=7710

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9497 + 5916 + 2117) - (4657 + 0 + 3095)
=9778

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Carlit Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3556/( ( (22615 + max(7710, 0)) + (22635 + max(9778, 0)) )/ 2 )
=3556/( ( 30325 + 32413 )/ 2 )
=3556/31369
=11.34 %

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 11.34% mean?
Carlit Co (TSE:4275) has a ROC (Joel Greenblatt) % of 11.34% 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 Carlit Co and its competitors. This is 13% above median its historical median of 10.04. Over the past decade, Carlit Co's ROC (Joel Greenblatt) % has ranged from 3.90 to 14.38. According to the industry distribution chart, Carlit Co ranks #600 out of 1604 companies in the Chemicals industry, placing it in the top 37.4%.
Is Carlit Co's ROC (Joel Greenblatt) % too high?
Carlit Co's current ROC (Joel Greenblatt) % of 11.34% is 13% above median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 14.38. The Chemicals industry median ROC (Joel Greenblatt) % is 9.69. Carlit Co's value of 11.34% is 17.1% above this industry median. Based on the distribution chart, Carlit Co ranks #600 out of 1604 companies in the Chemicals industry, which is above the industry midpoint. Overall, Carlit Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carlit Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Carlit Co ranks #600 out of 1604 companies for ROC (Joel Greenblatt) %. This puts Carlit Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.69. Carlit Co's value of 11.34% is 17.1% above this benchmark. Historically, Carlit Co's own ROC (Joel Greenblatt) % has ranged from 3.90 to 14.38 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 9.69, Carlit 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.69, 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. Carlit Co's current ROC (Joel Greenblatt) % of 11.34% is 17.1% 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 Carlit Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlit Co's current ROC (Joel Greenblatt) % is 11.34%, which is 13% above median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlit Co stock overvalued right now?
Based on GuruFocus' analysis, Carlit Co (TSE:4275) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,204.94, compared to a current price of 円2,415.00 — trading 100.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.34%, which is 13% above median its 10-year median of 10.04 and 17.1% above the Chemicals industry median of 9.69. Carlit Co's overall GF Score™ is 57/100 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 Carlit Co (TSE:4275), the current ROC (Joel Greenblatt) % is 11.34% 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 Carlit Co (TSE:4275) Overvalued in 2026?

Based on GuruFocus' analysis, Carlit Co stock appears to be overvalued. The current stock price of 円2,415.00 is trading 100.4% above its estimated GF Value™ of 円1,204.94. GuruFocus considers Carlit Co to be Significantly Overvalued.

Key valuation signals for TSE:4275:

  • ROC (Joel Greenblatt) %: 11.34% (13% above median its 10-year median of 10.04)
  • GF Value™: 円1,204.94 vs. price of 円2,415.00 (100.4% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 17.1% above the Chemicals median (#600 of 1604)

No single metric tells the full story. See the TSE:4275 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlit Co Business Description

Address 1-17-10, Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Carlit Co Ltd is engaged in management of subsidiaries engaged in chemical, bottling, metal processing, engineering services, etc., and other related business.
57GF Score

Get the complete analysis for TSE:4275

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,415.00
Price
円1,204.94
GF Value