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HOKKO Chemical Industry CoTSE:4992 -0.80%85 ROC (Joel Greenblatt) % is 25.21% as of May. 2026, which is 37% above its 10-year median of 18.34. GuruFocus rates TSE:4992 with a GF Score™ of 85/100 and a GF Value™ of 円1,607.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 258 Agriculture companies, HOKKO Chemical Industry Co ranks better than 67.44% 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. HOKKO Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 25.21%.
The historical rank and industry rank for HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4992'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.05 Med: 18.34 Max: 25.99
Current: 20.14
During the past 13 years, HOKKO Chemical Industry Co's highest ROC (Joel Greenblatt) % was 25.99%. The lowest was 13.05%. And the median was 18.34%.
TSE:4992's ROC (Joel Greenblatt) % is ranked better than 67.44% of 258
companies
in the Agriculture industry
Industry Median: 10.625
vs TSE:4992: 20.14
HOKKO Chemical Industry Co (TSE:4992) 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.
HOKKO Chemical Industry Co ROC (Joel Greenblatt) % Chart
TSE:4992 vs CTVA, CF, MOS: ROC (Joel Greenblatt) % Comparison
For the Agricultural Inputs subindustry, HOKKO Chemical Industry 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.
HOKKO Chemical Industry Co ROC (Joel Greenblatt) % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % falls into.
HOKKO Chemical Industry 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 four times the quarterly (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 25.21% mean?
HOKKO Chemical Industry Co (TSE:4992) has a ROC (Joel Greenblatt) % of 25.21% 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 HOKKO Chemical Industry Co and its competitors. This is 37% above median its historical median of 18.34. Over the past decade, HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % has ranged from 13.05 to 25.99. According to the industry distribution chart, HOKKO Chemical Industry Co ranks #84 out of 258 companies in the Agriculture industry, placing it in the top 32.6%.
Is HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % too high?
HOKKO Chemical Industry Co's current ROC (Joel Greenblatt) % of 25.21% is 37% above median its 10-year median of 18.34. Over the past 10 years, this metric has ranged from a low of 13.05 to a high of 25.99. The Agriculture industry median ROC (Joel Greenblatt) % is 10.63. HOKKO Chemical Industry Co's value of 25.21% is 137.3% above this industry median. Based on the distribution chart, HOKKO Chemical Industry Co ranks #84 out of 258 companies in the Agriculture industry, which is above the industry midpoint. Overall, HOKKO Chemical Industry Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HOKKO Chemical Industry Co's ROC (Joel Greenblatt) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, HOKKO Chemical Industry Co ranks #84 out of 258 companies for ROC (Joel Greenblatt) %. This puts HOKKO Chemical Industry Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.63. HOKKO Chemical Industry Co's value of 25.21% is 137.3% above this benchmark. Historically, HOKKO Chemical Industry Co's own ROC (Joel Greenblatt) % has ranged from 13.05 to 25.99 over the past decade. While the company's 10-year median is 18.34 vs. the industry median of 10.63, HOKKO Chemical Industry 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 Agriculture company?
The median ROC (Joel Greenblatt) % among Agriculture companies is 10.63, based on 258 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. HOKKO Chemical Industry Co's current ROC (Joel Greenblatt) % of 25.21% is 137.3% 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 HOKKO Chemical Industry Co and its competitors. For the Agriculture industry, the median ROC (Joel Greenblatt) % is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKKO Chemical Industry Co's current ROC (Joel Greenblatt) % is 25.21%, which is 37% above median its own 10-year median of 18.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKKO Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, HOKKO Chemical Industry Co (TSE:4992) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,607.21, compared to a current price of 円1,994.00 — trading 24.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.21%, which is 37% above median its 10-year median of 18.34 and 137.3% above the Agriculture industry median of 10.63. HOKKO Chemical Industry Co's overall GF Score™ is 85/100 with 5 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 HOKKO Chemical Industry Co (TSE:4992), the current ROC (Joel Greenblatt) % is 25.21% 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 HOKKO Chemical Industry Co (TSE:4992) Overvalued in 2026?
Based on GuruFocus' analysis, HOKKO Chemical Industry Co stock appears to be overvalued.
The current stock price of 円1,994.00 is trading 24.1% above its estimated GF Value™ of 円1,607.21.
GuruFocus considers HOKKO Chemical Industry Co to be Modestly Overvalued.
Key valuation signals for TSE:4992:
ROC (Joel Greenblatt) %: 25.21% (37% above median its 10-year median of 18.34)
GF Value™: 円1,607.21 vs. price of 円1,994.00 (24.1% above fair value)
Industry Position: 137.3% above the Agriculture median (#84 of 258)
No single metric tells the full story. See the TSE:4992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HOKKO Chemical Industry Co Ltd is engaged in the manufacturing of crop protection products. The company manufactures and sells safe and effective agricultural chemicals to ensure crop protection from seed treatment to harvesting. Its products include insecticides, fungicides, and herbicides for paddy rice, vegetable crops, and fruit orchards. Its Fine Chemicals Products include Organophosphines and those derivatives, Functional Styrenes, Grignard Reagents, Alcohols, those derivatives and others. It also operates in the textile materials business.
85GF Score
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