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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. Kawasaki Geological Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 37.11%.
The historical rank and industry rank for Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4673'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.5 Med: 6.16 Max: 28.18
Current: 28.18
During the past 13 years, Kawasaki Geological Engineering Co's highest ROC (Joel Greenblatt) % was 28.18%. The lowest was 4.50%. And the median was 6.16%.
TSE:4673's ROC (Joel Greenblatt) % is ranked better than 60.62% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs TSE:4673: 28.18
Kawasaki Geological Engineering Co (TSE:4673) 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.
Kawasaki Geological Engineering Co ROC (Joel Greenblatt) % Chart
TSE:4673 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Kawasaki Geological Engineering 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.
Kawasaki Geological Engineering Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % falls into.
Kawasaki Geological Engineering 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 37.11% mean?
Kawasaki Geological Engineering Co (TSE:4673) has a ROC (Joel Greenblatt) % of 37.11% 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 Kawasaki Geological Engineering Co and its competitors. This is 502% above median its historical median of 6.16. Over the past decade, Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % has ranged from 4.50 to 28.18. According to the industry distribution chart, Kawasaki Geological Engineering Co ranks #701 out of 1780 companies in the Construction industry, placing it in the top 39.4%.
Is Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % too high?
Kawasaki Geological Engineering Co's current ROC (Joel Greenblatt) % of 37.11% is 502% above median its 10-year median of 6.16. Over the past 10 years, this metric has ranged from a low of 4.50 to a high of 28.18. The Construction industry median ROC (Joel Greenblatt) % is 19.77. Kawasaki Geological Engineering Co's value of 37.11% is 87.7% above this industry median. Based on the distribution chart, Kawasaki Geological Engineering Co ranks #701 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, Kawasaki Geological Engineering Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawasaki Geological Engineering Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kawasaki Geological Engineering Co ranks #701 out of 1780 companies for ROC (Joel Greenblatt) %. This puts Kawasaki Geological Engineering Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.77. Kawasaki Geological Engineering Co's value of 37.11% is 87.7% above this benchmark. Historically, Kawasaki Geological Engineering Co's own ROC (Joel Greenblatt) % has ranged from 4.50 to 28.18 over the past decade. While the company's 10-year median is 6.16 vs. the industry median of 19.77, Kawasaki Geological Engineering 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.77, based on 1,780 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. Kawasaki Geological Engineering Co's current ROC (Joel Greenblatt) % of 37.11% is 87.7% 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 Kawasaki Geological Engineering Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawasaki Geological Engineering Co's current ROC (Joel Greenblatt) % is 37.11%, which is 502% above median its own 10-year median of 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawasaki Geological Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Kawasaki Geological Engineering Co (TSE:4673) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,913.56, compared to a current price of 円4,675.00 — trading 19.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 37.11%, which is 502% above median its 10-year median of 6.16 and 87.7% above the Construction industry median of 19.77. Kawasaki Geological Engineering Co's overall GF Score™ is 73/100 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 Kawasaki Geological Engineering Co (TSE:4673), the current ROC (Joel Greenblatt) % is 37.11% 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 Kawasaki Geological Engineering Co (TSE:4673) Overvalued in 2026?
Based on GuruFocus' analysis, Kawasaki Geological Engineering Co stock appears to be overvalued.
The current stock price of 円4,675.00 is trading 19.5% above its estimated GF Value™ of 円3,913.56.
GuruFocus considers Kawasaki Geological Engineering Co to be Modestly Overvalued.
Key valuation signals for TSE:4673:
ROC (Joel Greenblatt) %: 37.11% (502% above median its 10-year median of 6.16)
GF Value™: 円3,913.56 vs. price of 円4,675.00 (19.5% above fair value)
Industry Position: 87.7% above the Construction median (#701 of 1780)
No single metric tells the full story. See the TSE:4673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kawasaki Geological Engineering Co Ltd is a Japan based independent consulting firm on geological engineering in Japan. It provides the geological analysis of the land. The company contributes to the development of infrastructures in governmental and private sectors, as well as in natural resources.
73GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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