VisasQ (TSE:4490) ROC (Joel Greenblatt) %: 1,257.24% (As of Feb. 2026) — 1602% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4490 VisasQ Inc TSE:4490
73 GF Score
Price 円643.00
GF Value 円1,128.47
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is VisasQ ROC (Joel Greenblatt) %?

VisasQ TSE:4490 -3.31% 73 ROC (Joel Greenblatt) % is 1,257.24% as of Feb. 2026, which is 1602% above its 10-year median of 73.86. GuruFocus rates TSE:4490 with a GF Score™ of 73/100 and a GF Value™ of 円1,128.47 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,081 Business Services companies, VisasQ ranks better than 98.43% 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. VisasQ's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 1,257.24%.

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

TSE:4490' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10039.59   Med: 73.86   Max: 1044.33
Current: 970.49

During the past 9 years, VisasQ's highest ROC (Joel Greenblatt) % was 1044.33%. The lowest was -10039.59%. And the median was 73.86%.

TSE:4490's ROC (Joel Greenblatt) % is ranked better than
98.43% of 1081 companies
in the Business Services industry
Industry Median: 21.2 vs TSE:4490: 970.49

VisasQ's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


VisasQ  (TSE:4490) 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.


VisasQ ROC (Joel Greenblatt) % Related Terms


VisasQ ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for VisasQ'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.

VisasQ ROC (Joel Greenblatt) % Chart

VisasQ Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -300.20 -3.15 -10,039.59 735.41 1,044.33

VisasQ Semi-Annual Data
Feb18 Feb19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -26,075.50 867.36 1,459.17 615.53 1,257.24

TSE:4490 vs VRSK, EFX, BAH: ROC (Joel Greenblatt) % Comparison

For the Consulting Services subindustry, VisasQ'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.


VisasQ ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, VisasQ's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:4490
73GF Score
VisasQ Inc TSE:4490
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VisasQ 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1748.366 + 0 + 269.809) - (737.326 + 0 + 2197.06)
=-916.211

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2231.306 + 0 + 335.375) - (1002.211 + 0 + 2765.62)
=-1201.15

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1618.03/( ( (141.456 + max(-916.211, 0)) + (115.937 + max(-1201.15, 0)) )/ 2 )
=1618.03/( ( 141.456 + 115.937 )/ 2 )
=1618.03/128.6965
=1,257.24 %

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 1,257.24% mean?
VisasQ (TSE:4490) has a ROC (Joel Greenblatt) % of 1,257.24% 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 VisasQ and its competitors. This is 1602% above median its historical median of 73.86. According to the industry distribution chart, VisasQ ranks #17 out of 1081 companies in the Business Services industry, placing it in the top 1.6%.
Is VisasQ's ROC (Joel Greenblatt) % too high?
VisasQ's current ROC (Joel Greenblatt) % of 1,257.24% is 1602% above median its 10-year median of 73.86. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. VisasQ's value of 1,257.24% is 5830.4% above this industry median. Based on the distribution chart, VisasQ ranks #17 out of 1081 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, VisasQ has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VisasQ's ROC (Joel Greenblatt) % compare to VRSK and EFX?
According to the Business Services industry distribution chart, VisasQ ranks #17 out of 1081 companies for ROC (Joel Greenblatt) %. This places VisasQ in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.20. VisasQ's value of 1,257.24% is 5830.4% above this benchmark. While the company's 10-year median is 73.86 vs. the industry median of 21.20, VisasQ 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 21.20, based on 1,081 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. VisasQ's current ROC (Joel Greenblatt) % of 1,257.24% is 5830.4% 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 VisasQ and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VisasQ's current ROC (Joel Greenblatt) % is 1,257.24%, which is 1602% above median its own 10-year median of 73.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VisasQ stock overvalued right now?
Based on GuruFocus' analysis, VisasQ (TSE:4490) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,128.47, compared to a current price of 円643.00 — trading 43% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,257.24%, which is 1602% above median its 10-year median of 73.86 and 5830.4% above the Business Services industry median of 21.20. VisasQ's overall GF Score™ is 73/100 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 VisasQ (TSE:4490), the current ROC (Joel Greenblatt) % is 1,257.24% 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 VisasQ (TSE:4490) Overvalued in 2026?

Based on GuruFocus' analysis, VisasQ stock appears to be undervalued. The current stock price of 円643.00 is trading 43% below its estimated GF Value™ of 円1,128.47. GuruFocus considers VisasQ to be Possible Value Trap.

Key valuation signals for TSE:4490:

  • ROC (Joel Greenblatt) %: 1,257.24% (1602% above median its 10-year median of 73.86)
  • GF Value™: 円1,128.47 vs. price of 円643.00 (43% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 5830.4% above the Business Services median (#17 of 1081)

No single metric tells the full story. See the TSE:4490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VisasQ Business Description

Address 7-7 Aobadai 4-chome, Meguro-ku, Sumitomo Real Estate Aobadai Hills 9th floor, Tokyo, JPN, 153-0042
VisasQ Inc manages a professional knowledge-sharing platform, Visask. The company, through its platform, provides consulting services for new business development and organizational development. Its clients include top enterprises, consulting firms, and financial institutions.
73GF Score

Get the complete analysis for TSE:4490

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

円643.00
Price
円1,128.47
GF Value