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Kawakami Paint Manufacturing CoTSE:4616 64 ROC (Joel Greenblatt) % is 15.75% as of May. 2026, which is 74% above its 10-year median of 9.03. GuruFocus rates TSE:4616 with a GF Score™ of 64/100 and a GF Value™ of 円1,742.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,605 Chemicals companies, Kawakami Paint Manufacturing Co ranks better than 58.26% 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. Kawakami Paint Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 15.75%.
The historical rank and industry rank for Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4616'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.71 Med: 9.03 Max: 24.51
Current: 12.29
During the past 13 years, Kawakami Paint Manufacturing Co's highest ROC (Joel Greenblatt) % was 24.51%. The lowest was 0.71%. And the median was 9.03%.
TSE:4616's ROC (Joel Greenblatt) % is ranked better than 58.26% of 1605
companies
in the Chemicals industry
Industry Median: 9.67
vs TSE:4616: 12.29
Kawakami Paint Manufacturing Co (TSE:4616) 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.
* 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.
Kawakami Paint Manufacturing Co ROC (Joel Greenblatt) % Chart
TSE:4616 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Kawakami Paint Manufacturing 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.
Kawakami Paint Manufacturing Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % falls into.
Kawakami Paint Manufacturing 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 (May. 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 15.75% mean?
Kawakami Paint Manufacturing Co (TSE:4616) has a ROC (Joel Greenblatt) % of 15.75% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kawakami Paint Manufacturing Co and its competitors. This is 74% above median its historical median of 9.03. Over the past decade, Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % has ranged from 0.71 to 24.51. According to the industry distribution chart, Kawakami Paint Manufacturing Co ranks #670 out of 1605 companies in the Chemicals industry, placing it in the top 41.7%.
Is Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % too high?
Kawakami Paint Manufacturing Co's current ROC (Joel Greenblatt) % of 15.75% is 74% above median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 24.51. The Chemicals industry median ROC (Joel Greenblatt) % is 9.67. Kawakami Paint Manufacturing Co's value of 15.75% is 62.9% above this industry median. Based on the distribution chart, Kawakami Paint Manufacturing Co ranks #670 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kawakami Paint Manufacturing Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawakami Paint Manufacturing Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kawakami Paint Manufacturing Co ranks #670 out of 1605 companies for ROC (Joel Greenblatt) %. This puts Kawakami Paint Manufacturing Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.67. Kawakami Paint Manufacturing Co's value of 15.75% is 62.9% above this benchmark. Historically, Kawakami Paint Manufacturing Co's own ROC (Joel Greenblatt) % has ranged from 0.71 to 24.51 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 9.67, Kawakami Paint Manufacturing 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.67, based on 1,605 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. Kawakami Paint Manufacturing Co's current ROC (Joel Greenblatt) % of 15.75% is 62.9% 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 Kawakami Paint Manufacturing Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawakami Paint Manufacturing Co's current ROC (Joel Greenblatt) % is 15.75%, which is 74% above median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawakami Paint Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kawakami Paint Manufacturing Co (TSE:4616) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,742.14, compared to a current price of 円2,017.00 — trading 15.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.75%, which is 74% above median its 10-year median of 9.03 and 62.9% above the Chemicals industry median of 9.67. Kawakami Paint Manufacturing Co's overall GF Score™ is 64/100 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 Kawakami Paint Manufacturing Co (TSE:4616), the current ROC (Joel Greenblatt) % is 15.75% as of May. 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 Kawakami Paint Manufacturing Co (TSE:4616) Overvalued in 2026?
Based on GuruFocus' analysis, Kawakami Paint Manufacturing Co stock appears to be overvalued.
The current stock price of 円2,017.00 is trading 15.8% above its estimated GF Value™ of 円1,742.14.
GuruFocus considers Kawakami Paint Manufacturing Co to be Modestly Overvalued.
Key valuation signals for TSE:4616:
ROC (Joel Greenblatt) %: 15.75% (74% above median its 10-year median of 9.03)
GF Value™: 円1,742.14 vs. price of 円2,017.00 (15.8% above fair value)
Industry Position: 62.9% above the Chemicals median (#670 of 1605)
No single metric tells the full story. See the TSE:4616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawakami Paint Manufacturing Co Ltd is engaged in manufacturing and selling various paints in Japan. Its products include heat insulation paints, ultra-low temperature powder, and water-based paints; and general purpose building paints, as well as floor coatings, building interior and exterior paints, aqueous paint, and rustproof paint.
64GF Score
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