Kumiai Chemical Industry Co (TSE:4996) ROC (Joel Greenblatt) %: 16.67% (As of Apr. 2026) — 18% Above Median

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TSE:4996 Kumiai Chemical Industry Co Ltd TSE:4996
78 GF Score
Price 円734.00
GF Value 円859.27
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Kumiai Chemical Industry Co ROC (Joel Greenblatt) %?

Kumiai Chemical Industry Co TSE:4996 -0.81% 78 ROC (Joel Greenblatt) % is 16.67% as of Apr. 2026, which is 18% above its 10-year median of 14.17. GuruFocus rates TSE:4996 with a GF Score™ of 78/100 and a GF Value™ of 円859.27 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 258 Agriculture companies, Kumiai Chemical Industry Co ranks worse than 55.43% 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. Kumiai Chemical Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 16.67%.

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

TSE:4996' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.32   Med: 14.17   Max: 22.58
Current: 8.85

During the past 13 years, Kumiai Chemical Industry Co's highest ROC (Joel Greenblatt) % was 22.58%. The lowest was 6.32%. And the median was 14.17%.

TSE:4996's ROC (Joel Greenblatt) % is ranked worse than
55.43% of 258 companies
in the Agriculture industry
Industry Median: 10.95 vs TSE:4996: 8.85

Kumiai Chemical Industry Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.10% per year.


Kumiai Chemical Industry Co  (TSE:4996) 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.


Kumiai Chemical Industry Co ROC (Joel Greenblatt) % Related Terms


Kumiai Chemical Industry Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kumiai Chemical Industry 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.

Kumiai Chemical Industry Co ROC (Joel Greenblatt) % Chart

Kumiai Chemical Industry Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.37 22.58 19.48 11.98 6.32

Kumiai Chemical Industry Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 8.41 8.38 -6.44 17.22 16.67

TSE:4996 vs CTVA, CF, MOS: ROC (Joel Greenblatt) % Comparison

For the Agricultural Inputs subindustry, Kumiai 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.


Kumiai Chemical Industry Co ROC (Joel Greenblatt) % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kumiai Chemical Industry Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:4996
78GF Score
Kumiai Chemical Industry Co Ltd TSE:4996
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kumiai 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:

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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46215 + 85735 + 2577) - (29912 + 0 + 3071)
=101544

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58527 + 75555 + 1993) - (29685 + 0 + 4831)
=101559

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kumiai Chemical Industry 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: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25092/( ( (49935 + max(101544, 0)) + (47954 + max(101559, 0)) )/ 2 )
=25092/( ( 151479 + 149513 )/ 2 )
=25092/150496
=16.67 %

Note: The EBIT data used here is four times the quarterly (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 16.67% mean?
Kumiai Chemical Industry Co (TSE:4996) has a ROC (Joel Greenblatt) % of 16.67% 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 Kumiai Chemical Industry Co and its competitors. This is 18% above median its historical median of 14.17. Over the past decade, Kumiai Chemical Industry Co's ROC (Joel Greenblatt) % has ranged from 6.32 to 22.58. According to the industry distribution chart, Kumiai Chemical Industry Co ranks #143 out of 258 companies in the Agriculture industry, placing it in the top 55.4%.
Is Kumiai Chemical Industry Co's ROC (Joel Greenblatt) % too high?
Kumiai Chemical Industry Co's current ROC (Joel Greenblatt) % of 16.67% is 18% above median its 10-year median of 14.17. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 22.58. The Agriculture industry median ROC (Joel Greenblatt) % is 10.95. Kumiai Chemical Industry Co's value of 16.67% is 52.2% above this industry median. Based on the distribution chart, Kumiai Chemical Industry Co ranks #143 out of 258 companies in the Agriculture industry, which is below the industry midpoint. Overall, Kumiai Chemical Industry Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumiai Chemical Industry Co's ROC (Joel Greenblatt) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Kumiai Chemical Industry Co ranks #143 out of 258 companies for ROC (Joel Greenblatt) %. This places Kumiai Chemical Industry Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.95. Kumiai Chemical Industry Co's value of 16.67% is 52.2% above this benchmark. Historically, Kumiai Chemical Industry Co's own ROC (Joel Greenblatt) % has ranged from 6.32 to 22.58 over the past decade. While the company's 10-year median is 14.17 vs. the industry median of 10.95, Kumiai 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 10.95, 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. Kumiai Chemical Industry Co's current ROC (Joel Greenblatt) % of 16.67% is 52.2% 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 Kumiai Chemical Industry Co and its competitors. For the Agriculture industry, the median ROC (Joel Greenblatt) % is 10.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumiai Chemical Industry Co's current ROC (Joel Greenblatt) % is 16.67%, which is 18% above median its own 10-year median of 14.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumiai Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Kumiai Chemical Industry Co (TSE:4996) is currently considered Modestly Undervalued. The stock's GF Value™ is 円859.27, compared to a current price of 円734.00 — trading 14.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.67%, which is 18% above median its 10-year median of 14.17 and 52.2% above the Agriculture industry median of 10.95. Kumiai Chemical Industry Co's overall GF Score™ is 78/100 with 6 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 Kumiai Chemical Industry Co (TSE:4996), the current ROC (Joel Greenblatt) % is 16.67% 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 Kumiai Chemical Industry Co (TSE:4996) Overvalued in 2026?

Based on GuruFocus' analysis, Kumiai Chemical Industry Co stock appears to be undervalued. The current stock price of 円734.00 is trading 14.6% below its estimated GF Value™ of 円859.27. GuruFocus considers Kumiai Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for TSE:4996:

  • ROC (Joel Greenblatt) %: 16.67% (18% above median its 10-year median of 14.17)
  • GF Value™: 円859.27 vs. price of 円734.00 (14.6% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 52.2% above the Agriculture median (#143 of 258)

No single metric tells the full story. See the TSE:4996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kumiai Chemical Industry Co Business Description

Address 4-26, Ikenohata 1-chome, Taito-ku, Tokyo, JPN, 110-8782
Kumiai Chemical Industry Co Ltd is a crop protection company that has three business segments: Chemical products, Lease, and Others. The Chemical Products segment engages in the synthesis, manufacture and sale of crop protection products to the agriculture industry. The firm's product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other pesticides. The Chemical products segment also accounts for nearly all of the firm's revenue and operating profits. The firm is based in Japan and generates revenue in over 50 countries throughout the world.
78GF Score

Get the complete analysis for TSE:4996

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

円734.00
Price
円859.27
GF Value