Core Concept Technologies (TSE:4371) ROC (Joel Greenblatt) %: 191.94% (As of Dec. 2025) — 21% Above Median

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TSE:4371 Core Concept Technologies Inc TSE:4371
88 GF Score
Price 円1,311.00
GF Value 円2,408.14
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Core Concept Technologies ROC (Joel Greenblatt) %?

Core Concept Technologies TSE:4371 -4.72% 88 ROC (Joel Greenblatt) % is 191.94% as of Dec. 2025, which is 21% above its 10-year median of 158.74. GuruFocus rates TSE:4371 with a GF Score™ of 88/100 and a GF Value™ of 円2,408.14 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,822 Software companies, Core Concept Technologies ranks better than 78.31% 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. Core Concept Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 191.94%.

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

TSE:4371' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.43   Med: 158.74   Max: 231.61
Current: 142.24

During the past 7 years, Core Concept Technologies's highest ROC (Joel Greenblatt) % was 231.61%. The lowest was 31.43%. And the median was 158.74%.

TSE:4371's ROC (Joel Greenblatt) % is ranked better than
78.31% of 2822 companies
in the Software industry
Industry Median: 20.74 vs TSE:4371: 142.24

Core Concept Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.70% per year.


Core Concept Technologies  (TSE:4371) 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.


Core Concept Technologies ROC (Joel Greenblatt) % Related Terms


Core Concept Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Core Concept Technologies'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.

Core Concept Technologies ROC (Joel Greenblatt) % Chart

Core Concept Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 75.81 173.70 231.61 177.83 158.74

Core Concept Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 146.90 144.64 196.07 191.94 88.10

TSE:4371 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Core Concept Technologies'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.


Core Concept Technologies ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Core Concept Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Core Concept Technologies's ROC (Joel Greenblatt) % falls into.


TSE:4371
88GF Score
Core Concept Technologies Inc TSE:4371
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Core Concept Technologies 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3089.626 + 41.742 + 335.625) - (1425.884 + 0 + 1082.066)
=959.043

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3485.455 + 36.331 + 402.505) - (2098.949 + 0 + 1001.941)
=823.401

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Core Concept Technologies for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2443.484/( ( (253.077 + max(959.043, 0)) + (510.594 + max(823.401, 0)) )/ 2 )
=2443.484/( ( 1212.12 + 1333.995 )/ 2 )
=2443.484/1273.0575
=191.94 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 191.94% mean?
Core Concept Technologies (TSE:4371) has a ROC (Joel Greenblatt) % of 191.94% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Core Concept Technologies and its competitors. This is 21% above median its historical median of 158.74. Over the past decade, Core Concept Technologies' ROC (Joel Greenblatt) % has ranged from 31.43 to 231.61. According to the industry distribution chart, Core Concept Technologies ranks #612 out of 2822 companies in the Software industry, placing it in the top 21.7%.
Is Core Concept Technologies' ROC (Joel Greenblatt) % too high?
Core Concept Technologies' current ROC (Joel Greenblatt) % of 191.94% is 21% above median its 10-year median of 158.74. Over the past 10 years, this metric has ranged from a low of 31.43 to a high of 231.61. The Software industry median ROC (Joel Greenblatt) % is 20.74. Core Concept Technologies' value of 191.94% is 825.5% above this industry median. Based on the distribution chart, Core Concept Technologies ranks #612 out of 2822 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Core Concept Technologies has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core Concept Technologies' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Core Concept Technologies ranks #612 out of 2822 companies for ROC (Joel Greenblatt) %. This places Core Concept Technologies in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.74. Core Concept Technologies' value of 191.94% is 825.5% above this benchmark. Historically, Core Concept Technologies' own ROC (Joel Greenblatt) % has ranged from 31.43 to 231.61 over the past decade. While the company's 10-year median is 158.74 vs. the industry median of 20.74, Core Concept Technologies 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.74, based on 2,822 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. Core Concept Technologies's current ROC (Joel Greenblatt) % of 191.94% is 825.5% 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 Core Concept Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core Concept Technologies's current ROC (Joel Greenblatt) % is 191.94%, which is 21% above median its own 10-year median of 158.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Concept Technologies stock overvalued right now?
Based on GuruFocus' analysis, Core Concept Technologies (TSE:4371) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,408.14, compared to a current price of 円1,311.00 — trading 45.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 191.94%, which is 21% above median its 10-year median of 158.74 and 825.5% above the Software industry median of 20.74. Core Concept Technologies' overall GF Score™ is 88/100 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 Core Concept Technologies (TSE:4371), the current ROC (Joel Greenblatt) % is 191.94% as of Dec. 2025. 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 Core Concept Technologies (TSE:4371) Overvalued in 2026?

Based on GuruFocus' analysis, Core Concept Technologies stock appears to be undervalued. The current stock price of 円1,311.00 is trading 45.6% below its estimated GF Value™ of 円2,408.14. GuruFocus considers Core Concept Technologies to be Significantly Undervalued.

Key valuation signals for TSE:4371:

  • ROC (Joel Greenblatt) %: 191.94% (21% above median its 10-year median of 158.74)
  • GF Value™: 円2,408.14 vs. price of 円1,311.00 (45.6% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 825.5% above the Software median (#612 of 2822)

No single metric tells the full story. See the TSE:4371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Concept Technologies Business Description

Address 1-16-15 Minami-Ikebukuro, Diamond Gate Ikebukuro 11th floor, Toshima-ku, Tokyo, JPN, 171-0022
Core Concept Technologies Inc is involved in the digital transformation realization support in areas such as manufacturing and construction industries and supporting information technology human resource procurement support service.
88GF Score

Get the complete analysis for TSE:4371

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

円1,311.00
Price
円2,408.14
GF Value