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Nihon Nohyaku CoTSE:4997 +1.98%74 ROC (Joel Greenblatt) % is 29.34% as of Mar. 2026, which is 160% above its 10-year median of 11.29. GuruFocus rates TSE:4997 with a GF Score™ of 74/100 and a GF Value™ of 円824.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 258 Agriculture companies, Nihon Nohyaku Co ranks better than 62.4% 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. Nihon Nohyaku Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.34%.
The historical rank and industry rank for Nihon Nohyaku Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4997'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.43 Med: 11.29 Max: 17.2
Current: 17.2
During the past 13 years, Nihon Nohyaku Co's highest ROC (Joel Greenblatt) % was 17.20%. The lowest was 7.43%. And the median was 11.29%.
TSE:4997's ROC (Joel Greenblatt) % is ranked better than 62.4% of 258
companies
in the Agriculture industry
Industry Median: 10.79
vs TSE:4997: 17.20
Nihon Nohyaku Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.20% per year.
Nihon Nohyaku Co (TSE:4997) 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.
Nihon Nohyaku Co ROC (Joel Greenblatt) % Related Terms
Nihon Nohyaku Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nihon Nohyaku 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.
TSE:4997 vs CTVA, CF, MOS: ROC (Joel Greenblatt) % Comparison
For the Agricultural Inputs subindustry, Nihon Nohyaku 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.
Nihon Nohyaku Co ROC (Joel Greenblatt) % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Nihon Nohyaku Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nihon Nohyaku Co's ROC (Joel Greenblatt) % falls into.
Nihon Nohyaku 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 (Mar. 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 29.34% mean?
Nihon Nohyaku Co (TSE:4997) has a ROC (Joel Greenblatt) % of 29.34% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nihon Nohyaku Co and its competitors. This is 160% above median its historical median of 11.29. Over the past decade, Nihon Nohyaku Co's ROC (Joel Greenblatt) % has ranged from 7.43 to 17.20. According to the industry distribution chart, Nihon Nohyaku Co ranks #97 out of 258 companies in the Agriculture industry, placing it in the top 37.6%.
Is Nihon Nohyaku Co's ROC (Joel Greenblatt) % too high?
Nihon Nohyaku Co's current ROC (Joel Greenblatt) % of 29.34% is 160% above median its 10-year median of 11.29. Over the past 10 years, this metric has ranged from a low of 7.43 to a high of 17.20. The Agriculture industry median ROC (Joel Greenblatt) % is 10.79. Nihon Nohyaku Co's value of 29.34% is 171.9% above this industry median. Based on the distribution chart, Nihon Nohyaku Co ranks #97 out of 258 companies in the Agriculture industry, which is above the industry midpoint. Overall, Nihon Nohyaku Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Nohyaku Co's ROC (Joel Greenblatt) % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nihon Nohyaku Co ranks #97 out of 258 companies for ROC (Joel Greenblatt) %. This puts Nihon Nohyaku Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.79. Nihon Nohyaku Co's value of 29.34% is 171.9% above this benchmark. Historically, Nihon Nohyaku Co's own ROC (Joel Greenblatt) % has ranged from 7.43 to 17.20 over the past decade. While the company's 10-year median is 11.29 vs. the industry median of 10.79, Nihon Nohyaku 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 10.79, 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. Nihon Nohyaku Co's current ROC (Joel Greenblatt) % of 29.34% is 171.9% 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 Nihon Nohyaku Co and its competitors. For the Agriculture industry, the median ROC (Joel Greenblatt) % is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Nohyaku Co's current ROC (Joel Greenblatt) % is 29.34%, which is 160% above median its own 10-year median of 11.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Nohyaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Nohyaku Co (TSE:4997) is currently considered Significantly Overvalued. The stock's GF Value™ is 円824.56, compared to a current price of 円1,132.00 — trading 37.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 29.34%, which is 160% above median its 10-year median of 11.29 and 171.9% above the Agriculture industry median of 10.79. Nihon Nohyaku Co's overall GF Score™ is 74/100 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 Nihon Nohyaku Co (TSE:4997), the current ROC (Joel Greenblatt) % is 29.34% as of Mar. 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 Nihon Nohyaku Co (TSE:4997) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Nohyaku Co stock appears to be overvalued.
The current stock price of 円1,132.00 is trading 37.3% above its estimated GF Value™ of 円824.56.
GuruFocus considers Nihon Nohyaku Co to be Significantly Overvalued.
Key valuation signals for TSE:4997:
ROC (Joel Greenblatt) %: 29.34% (160% above median its 10-year median of 11.29)
GF Value™: 円824.56 vs. price of 円1,132.00 (37.3% above fair value)
Industry Position: 171.9% above the Agriculture median (#97 of 258)
No single metric tells the full story. See the TSE:4997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Nohyaku Co Ltd is engaged in agrochemicals. The company's products are divided into four business divisions Agrochemicals, Agricultural materials, Pharmaceuticals and veterinary products, and Wood preservative. The agrochemicals manufacture and sells crop-protection chemicals, including fungicides, insecticides, herbicides, and miticides. The agricultural materials division sells home gardening and termite protection products, and Pharmaceuticals and veterinary the company branched off from its toxicological research on FUJI-ONE to develop and put on the market KANTEC. It is a product designed to improve liver protein metabolism.
74GF Score
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