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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. Serverworks Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -211.51%.
The historical rank and industry rank for Serverworks Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4434'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.43 Med: 172.78 Max: 1179.82
Current: -41.43
During the past 10 years, Serverworks Co's highest ROC (Joel Greenblatt) % was 1179.82%. The lowest was -41.43%. And the median was 172.78%.
TSE:4434's ROC (Joel Greenblatt) % is ranked worse than 72.41% of 2820
companies
in the Software industry
Industry Median: 19.52
vs TSE:4434: -41.43
Serverworks Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Serverworks Co (TSE:4434) 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.
Serverworks Co ROC (Joel Greenblatt) % Related Terms
Serverworks Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Serverworks 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.
TSE:4434 vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Serverworks 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.
Serverworks Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Serverworks Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Serverworks Co's ROC (Joel Greenblatt) % falls into.
Serverworks 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:
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 (Feb. 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 -211.51% mean?
Serverworks Co (TSE:4434) has a ROC (Joel Greenblatt) % of -211.51% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Serverworks Co and its competitors. According to the industry distribution chart, Serverworks Co ranks #2042 out of 2820 companies in the Software industry, placing it in the top 72.4%.
Is Serverworks Co's ROC (Joel Greenblatt) % too high?
Serverworks Co's current ROC (Joel Greenblatt) % is -211.51%. Based on the distribution chart, Serverworks Co ranks #2042 out of 2820 companies in the Software industry, which is below the industry midpoint. Overall, Serverworks Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Serverworks Co's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Serverworks Co ranks #2042 out of 2820 companies for ROC (Joel Greenblatt) %. This places Serverworks Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.52. 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 19.52, based on 2,820 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. 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 Serverworks Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serverworks Co's current ROC (Joel Greenblatt) % is -211.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serverworks Co stock overvalued right now?
Based on GuruFocus' analysis, Serverworks Co (TSE:4434) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,632.95, compared to a current price of 円2,476.00 — trading 31.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is -211.51%. Serverworks Co's overall GF Score™ is 81/100 with 4 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 Serverworks Co (TSE:4434), the current ROC (Joel Greenblatt) % is -211.51% as of Feb. 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 Serverworks Co (TSE:4434) Overvalued in 2026?
Based on GuruFocus' analysis, Serverworks Co stock appears to be undervalued.
The current stock price of 円2,476.00 is trading 31.8% below its estimated GF Value™ of 円3,632.95.
GuruFocus considers Serverworks Co to be Significantly Undervalued.
Key valuation signals for TSE:4434:
ROC (Joel Greenblatt) %: -211.51%
GF Value™: 円3,632.95 vs. price of 円2,476.00 (31.8% below fair value)
No single metric tells the full story. See the TSE:4434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Serverworks Co Ltd is a cloud integrator that provides integration business and services specialized for Amazon Web Services (AWS). The company's services include AWS transition support, AWS resale service, AWS operation automation service.
81GF Score
Get the complete analysis for TSE:4434
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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