Meiko Network Japan Co (TSE:4668) ROC (Joel Greenblatt) %: 137.54% (As of Feb. 2026) — 62% Above Median

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TSE:4668 Meiko Network Japan Co Ltd TSE:4668
86 GF Score
Price 円791.00
GF Value 円831.83
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Meiko Network Japan Co ROC (Joel Greenblatt) %?

Meiko Network Japan Co TSE:4668 -0.63% 86 ROC (Joel Greenblatt) % is 137.54% as of Feb. 2026, which is 62% above its 10-year median of 84.67. GuruFocus rates TSE:4668 with a GF Score™ of 86/100 and a GF Value™ of 円831.83 (Fairly Valued). The stock has 3 warning signs investors should review. Among 263 Education companies, Meiko Network Japan Co ranks better than 80.23% 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. Meiko Network Japan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 137.54%.

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

TSE:4668' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -70.65   Med: 84.67   Max: 168.94
Current: 79.46

During the past 13 years, Meiko Network Japan Co's highest ROC (Joel Greenblatt) % was 168.94%. The lowest was -70.65%. And the median was 84.67%.

TSE:4668's ROC (Joel Greenblatt) % is ranked better than
80.23% of 263 companies
in the Education industry
Industry Median: 18.42 vs TSE:4668: 79.46

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


Meiko Network Japan Co  (TSE:4668) 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.


Meiko Network Japan Co ROC (Joel Greenblatt) % Related Terms


Meiko Network Japan Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Meiko Network Japan 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.

Meiko Network Japan Co ROC (Joel Greenblatt) % Chart

Meiko Network Japan Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.36 116.11 65.25 55.67 82.23

Meiko Network Japan Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.44 9.91 143.08 20.56 137.54

TSE:4668 vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison

For the Education & Training Services subindustry, Meiko Network Japan 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.


Meiko Network Japan Co ROC (Joel Greenblatt) % vs Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Meiko Network Japan Co's ROC (Joel Greenblatt) % falls into.


TSE:4668
86GF Score
Meiko Network Japan Co Ltd TSE:4668
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Network Japan 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1385 + 142 + 1356) - (1283 + 0 + 4224)
=-2624

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1197 + 150 + 1311) - (1157 + 0 + 3138)
=-1637

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Meiko Network Japan Co 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 )
=3076/( ( (2195 + max(-2624, 0)) + (2278 + max(-1637, 0)) )/ 2 )
=3076/( ( 2195 + 2278 )/ 2 )
=3076/2236.5
=137.54 %

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 137.54% mean?
Meiko Network Japan Co (TSE:4668) has a ROC (Joel Greenblatt) % of 137.54% 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 Meiko Network Japan Co and its competitors. This is 62% above median its historical median of 84.67. According to the industry distribution chart, Meiko Network Japan Co ranks #52 out of 263 companies in the Education industry, placing it in the top 19.8%.
Is Meiko Network Japan Co's ROC (Joel Greenblatt) % too high?
Meiko Network Japan Co's current ROC (Joel Greenblatt) % of 137.54% is 62% above median its 10-year median of 84.67. The Education industry median ROC (Joel Greenblatt) % is 18.42. Meiko Network Japan Co's value of 137.54% is 646.7% above this industry median. Based on the distribution chart, Meiko Network Japan Co ranks #52 out of 263 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Meiko Network Japan Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiko Network Japan Co's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Meiko Network Japan Co ranks #52 out of 263 companies for ROC (Joel Greenblatt) %. This places Meiko Network Japan Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 18.42. Meiko Network Japan Co's value of 137.54% is 646.7% above this benchmark. While the company's 10-year median is 84.67 vs. the industry median of 18.42, Meiko Network Japan 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.42, based on 263 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. Meiko Network Japan Co's current ROC (Joel Greenblatt) % of 137.54% is 646.7% 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 Meiko Network Japan Co and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Network Japan Co's current ROC (Joel Greenblatt) % is 137.54%, which is 62% above median its own 10-year median of 84.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Network Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Network Japan Co (TSE:4668) is currently considered Fairly Valued. The stock's GF Value™ is 円831.83, compared to a current price of 円791.00 — trading 4.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 137.54%, which is 62% above median its 10-year median of 84.67 and 646.7% above the Education industry median of 18.42. Meiko Network Japan Co's overall GF Score™ is 86/100 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 Meiko Network Japan Co (TSE:4668), the current ROC (Joel Greenblatt) % is 137.54% 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 Meiko Network Japan Co (TSE:4668) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Network Japan Co stock appears to be undervalued. The current stock price of 円791.00 is trading 4.9% below its estimated GF Value™ of 円831.83. GuruFocus considers Meiko Network Japan Co to be Fairly Valued.

Key valuation signals for TSE:4668:

  • ROC (Joel Greenblatt) %: 137.54% (62% above median its 10-year median of 84.67)
  • GF Value™: 円831.83 vs. price of 円791.00 (4.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 646.7% above the Education median (#52 of 263)

No single metric tells the full story. See the TSE:4668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Network Japan Co Business Description

Address 7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.
86GF Score

Get the complete analysis for TSE:4668

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

円791.00
Price
円831.83
GF Value