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Nexyz GroupTSE:4346 +3.74%74 ROC (Joel Greenblatt) % is 469.58% as of Mar. 2026, which is 490% above its 10-year median of 79.64. GuruFocus rates TSE:4346 with a GF Score™ of 74/100 and a GF Value™ of 円972.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,080 Business Services companies, Nexyz Group ranks better than 92.69% 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. Nexyz Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 469.58%.
The historical rank and industry rank for Nexyz Group's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4346'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -38.35 Med: 79.64 Max: 623.78
Current: 377.98
During the past 13 years, Nexyz Group's highest ROC (Joel Greenblatt) % was 623.78%. The lowest was -38.35%. And the median was 79.64%.
TSE:4346's ROC (Joel Greenblatt) % is ranked better than 92.69% of 1080
companies
in the Business Services industry
Industry Median: 21.085
vs TSE:4346: 377.98
Nexyz Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Nexyz Group (TSE:4346) 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.
Nexyz Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Nexyz Group'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:4346 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Nexyz Group'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.
Nexyz Group ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Nexyz Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nexyz Group'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 two times the semi-annual (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 469.58% mean?
Nexyz Group (TSE:4346) has a ROC (Joel Greenblatt) % of 469.58% 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 Nexyz Group and its competitors. This is 490% above median its historical median of 79.64. According to the industry distribution chart, Nexyz Group ranks #79 out of 1080 companies in the Business Services industry, placing it in the top 7.3%.
Is Nexyz Group's ROC (Joel Greenblatt) % too high?
Nexyz Group's current ROC (Joel Greenblatt) % of 469.58% is 490% above median its 10-year median of 79.64. The Business Services industry median ROC (Joel Greenblatt) % is 21.09. Nexyz Group's value of 469.58% is 2127.1% above this industry median. Based on the distribution chart, Nexyz Group ranks #79 out of 1080 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Nexyz Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexyz Group's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nexyz Group ranks #79 out of 1080 companies for ROC (Joel Greenblatt) %. This places Nexyz Group in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.09. Nexyz Group's value of 469.58% is 2127.1% above this benchmark. While the company's 10-year median is 79.64 vs. the industry median of 21.09, Nexyz Group 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.09, based on 1,080 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. Nexyz Group's current ROC (Joel Greenblatt) % of 469.58% is 2127.1% 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 Nexyz Group and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexyz Group's current ROC (Joel Greenblatt) % is 469.58%, which is 490% above median its own 10-year median of 79.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexyz Group stock overvalued right now?
Based on GuruFocus' analysis, Nexyz Group (TSE:4346) is currently considered Modestly Undervalued. The stock's GF Value™ is 円972.73, compared to a current price of 円804.00 — trading 17.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 469.58%, which is 490% above median its 10-year median of 79.64 and 2127.1% above the Business Services industry median of 21.09. Nexyz Group's overall GF Score™ is 74/100 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 Nexyz Group (TSE:4346), the current ROC (Joel Greenblatt) % is 469.58% 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 Nexyz Group (TSE:4346) Overvalued in 2026?
Based on GuruFocus' analysis, Nexyz Group stock appears to be undervalued.
The current stock price of 円804.00 is trading 17.3% below its estimated GF Value™ of 円972.73.
GuruFocus considers Nexyz Group to be Modestly Undervalued.
Key valuation signals for TSE:4346:
ROC (Joel Greenblatt) %: 469.58% (490% above median its 10-year median of 79.64)
GF Value™: 円972.73 vs. price of 円804.00 (17.3% below fair value)
Industry Position: 2127.1% above the Business Services median (#79 of 1080)
No single metric tells the full story. See the TSE:4346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexyz Group Corp is a Japan-based company which is engaged in the provision of business support services. The firm operates in following divisions: Energy and Environment, Electronic Media and Other. Energy and Environment division engages in selling Internet connection services, and selling and broking LED lights and other environmentally friendly equipment. Electronic Media division provides digital magazines, various solutions, and smartphone game application namely Kami no Te. The Other division consists of DNA health consulting, stock market investing support and smartphone digital gift services.
74GF Score
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