Daisan Co (TSE:4750) ROC (Joel Greenblatt) %: 6.61% (As of Apr. 2026) — 12% Below 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:4750 Daisan Co Ltd TSE:4750
66 GF Score
Price 円555.00
GF Value 円606.33
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Daisan Co ROC (Joel Greenblatt) %?

Daisan Co TSE:4750 -0.36% 66 ROC (Joel Greenblatt) % is 6.61% as of Apr. 2026, which is 12% below its 10-year median of 7.48. GuruFocus rates TSE:4750 with a GF Score™ of 66/100 and a GF Value™ of 円606.33 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,780 Construction companies, Daisan Co ranks worse than 67.87% 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. Daisan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 6.61%.

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

TSE:4750' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.44   Med: 7.48   Max: 20.32
Current: 8.07

During the past 13 years, Daisan Co's highest ROC (Joel Greenblatt) % was 20.32%. The lowest was -17.44%. And the median was 7.48%.

TSE:4750's ROC (Joel Greenblatt) % is ranked worse than
67.87% of 1780 companies
in the Construction industry
Industry Median: 19.86 vs TSE:4750: 8.07

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


Daisan Co  (TSE:4750) 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.


Daisan Co ROC (Joel Greenblatt) % Related Terms


Daisan Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Daisan 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.

Daisan Co ROC (Joel Greenblatt) % Chart

Daisan Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 -17.44 1.87 7.81 7.96

Daisan Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 4.15 6.84 9.00 9.57 6.61

TSE:4750 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Daisan 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.


Daisan Co ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Daisan Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:4750
66GF Score
Daisan Co Ltd TSE:4750
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daisan 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2021.906 + 1965.38 + 205.915) - (462.103 + 0 + 1658.949)
=2072.149

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1974.519 + 1899.721 + 183.828) - (444.229 + 0 + 1406.923)
=2206.916

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=311.97/( ( (2634.348 + max(2072.149, 0)) + (2520.924 + max(2206.916, 0)) )/ 2 )
=311.97/( ( 4706.497 + 4727.84 )/ 2 )
=311.97/4717.1685
=6.61 %

Note: The EBIT data used here is two times the semi-annual (Apr. 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 6.61% mean?
Daisan Co (TSE:4750) has a ROC (Joel Greenblatt) % of 6.61% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Daisan Co and its competitors. This is 12% below median its historical median of 7.48. According to the industry distribution chart, Daisan Co ranks #1208 out of 1780 companies in the Construction industry, placing it in the top 67.9%.
Is Daisan Co's ROC (Joel Greenblatt) % too high?
Daisan Co's current ROC (Joel Greenblatt) % of 6.61% is 12% below median its 10-year median of 7.48. The Construction industry median ROC (Joel Greenblatt) % is 19.86. Daisan Co's value of 6.61% is 66.7% below this industry median. Based on the distribution chart, Daisan Co ranks #1208 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, Daisan Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daisan Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Daisan Co ranks #1208 out of 1780 companies for ROC (Joel Greenblatt) %. This places Daisan Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.86. Daisan Co's value of 6.61% is 66.7% below this benchmark. While the company's 10-year median is 7.48 vs. the industry median of 19.86, Daisan Co has consistently been below 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 19.86, 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. Daisan Co's current ROC (Joel Greenblatt) % of 6.61% is 66.7% below 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 Daisan Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daisan Co's current ROC (Joel Greenblatt) % is 6.61%, which is 12% below median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daisan Co stock overvalued right now?
Based on GuruFocus' analysis, Daisan Co (TSE:4750) is currently considered Fairly Valued. The stock's GF Value™ is 円606.33, compared to a current price of 円555.00 — trading 8.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.61%, which is 12% below median its 10-year median of 7.48 and 66.7% below the Construction industry median of 19.86. Daisan Co's overall GF Score™ is 66/100 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 Daisan Co (TSE:4750), the current ROC (Joel Greenblatt) % is 6.61% as of Apr. 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 Daisan Co (TSE:4750) Overvalued in 2026?

Based on GuruFocus' analysis, Daisan Co stock appears to be undervalued. The current stock price of 円555.00 is trading 8.5% below its estimated GF Value™ of 円606.33. GuruFocus considers Daisan Co to be Fairly Valued.

Key valuation signals for TSE:4750:

  • ROC (Joel Greenblatt) %: 6.61% (12% below median its 10-year median of 7.48)
  • GF Value™: 円606.33 vs. price of 円555.00 (8.5% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 66.7% below the Construction median (#1208 of 1780)

No single metric tells the full story. See the TSE:4750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daisan Co Business Description

Address 2-6-12 Namamoto - Cho, Chuo - ku, Sanmarion NBF Tower 3rd Floor, Osaka, JPN, 5410054
Daisan Co Ltd develops, manufactures, assembles, and sells scaffolding equipment for temporary construction and other related services in Japan. The company also provides setting up and removing services for wedge lock scaffolding equipment; and accepts customized and special product specification orders from clients.
66GF Score

Get the complete analysis for TSE:4750

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

円555.00
Price
円606.33
GF Value