Kissei Pharmaceutical Co (TSE:4547) ROC (Joel Greenblatt) %: 19.02% (As of Mar. 2026) — Near Median

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TSE:4547 Kissei Pharmaceutical Co Ltd TSE:4547
79 GF Score
Price 円3,860.00
GF Value 円4,688.48
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Kissei Pharmaceutical Co ROC (Joel Greenblatt) %?

Kissei Pharmaceutical Co TSE:4547 +0.13% 79 ROC (Joel Greenblatt) % is 19.02% as of Mar. 2026, which is 9% below its 10-year median of 20.88. GuruFocus rates TSE:4547 with a GF Score™ of 79/100 and a GF Value™ of 円4,688.48 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 983 Drug Manufacturers companies, Kissei Pharmaceutical Co ranks better than 70.6% 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. Kissei Pharmaceutical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.02%.

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

TSE:4547' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.76   Med: 20.88   Max: 30.44
Current: 26.52

During the past 13 years, Kissei Pharmaceutical Co's highest ROC (Joel Greenblatt) % was 30.44%. The lowest was 8.76%. And the median was 20.88%.

TSE:4547's ROC (Joel Greenblatt) % is ranked better than
70.6% of 983 companies
in the Drug Manufacturers industry
Industry Median: 11.44 vs TSE:4547: 26.52

Kissei Pharmaceutical Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.10% per year.


Kissei Pharmaceutical Co  (TSE:4547) 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.


Kissei Pharmaceutical Co ROC (Joel Greenblatt) % Related Terms


Kissei Pharmaceutical Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kissei Pharmaceutical 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.

Kissei Pharmaceutical Co ROC (Joel Greenblatt) % Chart

Kissei Pharmaceutical 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 30.44 24.08 22.65 23.04 24.74

Kissei Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 33.68 23.89 26.54 19.02 37.25

TSE:4547 vs ZTS: ROC (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Kissei Pharmaceutical 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.


Kissei Pharmaceutical Co ROC (Joel Greenblatt) % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kissei Pharmaceutical Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:4547
79GF Score
Kissei Pharmaceutical Co Ltd TSE:4547
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kissei Pharmaceutical 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)
=(34548 + 26834 + 3455) - (13046 + 0 + 10485)
=41306

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30761 + 25521 + 3442) - (11667 + 0 + 8771)
=39286

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kissei Pharmaceutical 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 )
=13168/( ( (29802 + max(41306, 0)) + (28093 + max(39286, 0)) )/ 2 )
=13168/( ( 71108 + 67379 )/ 2 )
=13168/69243.5
=19.02 %

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 19.02% mean?
Kissei Pharmaceutical Co (TSE:4547) has a ROC (Joel Greenblatt) % of 19.02% 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 Kissei Pharmaceutical Co and its competitors. This is near median its historical median of 20.88. Over the past decade, Kissei Pharmaceutical Co's ROC (Joel Greenblatt) % has ranged from 8.76 to 30.44. According to the industry distribution chart, Kissei Pharmaceutical Co ranks #289 out of 983 companies in the Drug Manufacturers industry, placing it in the top 29.4%.
Is Kissei Pharmaceutical Co's ROC (Joel Greenblatt) % too high?
Kissei Pharmaceutical Co's current ROC (Joel Greenblatt) % of 19.02% is near median its 10-year median of 20.88. Over the past 10 years, this metric has ranged from a low of 8.76 to a high of 30.44. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.44. Kissei Pharmaceutical Co's value of 19.02% is 66.3% above this industry median. Based on the distribution chart, Kissei Pharmaceutical Co ranks #289 out of 983 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Kissei Pharmaceutical Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kissei Pharmaceutical Co's ROC (Joel Greenblatt) % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Kissei Pharmaceutical Co ranks #289 out of 983 companies for ROC (Joel Greenblatt) %. This puts Kissei Pharmaceutical Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.44. Kissei Pharmaceutical Co's value of 19.02% is 66.3% above this benchmark. Historically, Kissei Pharmaceutical Co's own ROC (Joel Greenblatt) % has ranged from 8.76 to 30.44 over the past decade. While the company's 10-year median is 20.88 vs. the industry median of 11.44, Kissei Pharmaceutical 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.44, based on 983 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. Kissei Pharmaceutical Co's current ROC (Joel Greenblatt) % of 19.02% is 66.3% 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 Kissei Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kissei Pharmaceutical Co's current ROC (Joel Greenblatt) % is 19.02%, which is near median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kissei Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Kissei Pharmaceutical Co (TSE:4547) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,688.48, compared to a current price of 円3,860.00 — trading 17.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.02%, which is near median its 10-year median of 20.88 and 66.3% above the Drug Manufacturers industry median of 11.44. Kissei Pharmaceutical Co's overall GF Score™ is 79/100 with 1 warning sign 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 Kissei Pharmaceutical Co (TSE:4547), the current ROC (Joel Greenblatt) % is 19.02% 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 Kissei Pharmaceutical Co (TSE:4547) Overvalued in 2026?

Based on GuruFocus' analysis, Kissei Pharmaceutical Co stock appears to be undervalued. The current stock price of 円3,860.00 is trading 17.7% below its estimated GF Value™ of 円4,688.48. GuruFocus considers Kissei Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for TSE:4547:

  • ROC (Joel Greenblatt) %: 19.02% (near median its 10-year median of 20.88)
  • GF Value™: 円4,688.48 vs. price of 円3,860.00 (17.7% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 66.3% above the Drug Manufacturers median (#289 of 983)

No single metric tells the full story. See the TSE:4547 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kissei Pharmaceutical Co Business Description

Address 19-48, Yoshino, Matsumoto City, Nagano, JPN, 399-8710
Kissei Pharmaceutical Co Ltd is a specialty and generic drug manufacturing company. Pharmaceuticals is the company's reportable segment. The company's operations span across the globe, while the vast majority of revenue is generated in Japan, followed by Europe. Kissei operates a variety of subsidiaries. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.
79GF Score

Get the complete analysis for TSE:4547

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

円3,860.00
Price
円4,688.48
GF Value