Mercury (TSE:5025) ROC (Joel Greenblatt) %: 452.06% (As of Feb. 2026) — 75% Above Median

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TSE:5025 Mercury Inc TSE:5025
78 GF Score
Price 円560.00
GF Value 円656.08
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mercury ROC (Joel Greenblatt) %?

Mercury TSE:5025 78 ROC (Joel Greenblatt) % is 452.06% as of Feb. 2026, which is 75% above its 10-year median of 258.07. GuruFocus rates TSE:5025 with a GF Score™ of 78/100 and a GF Value™ of 円656.08 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,819 Software companies, Mercury ranks better than 90.71% 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. Mercury's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 452.06%.

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

TSE:5025' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 67.9   Med: 258.07   Max: 636.32
Current: 360.97

During the past 7 years, Mercury's highest ROC (Joel Greenblatt) % was 636.32%. The lowest was 67.90%. And the median was 258.07%.

TSE:5025's ROC (Joel Greenblatt) % is ranked better than
90.71% of 2819 companies
in the Software industry
Industry Median: 19.59 vs TSE:5025: 360.97

Mercury's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.10% per year.


Mercury  (TSE:5025) 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.


Mercury ROC (Joel Greenblatt) % Related Terms


Mercury ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mercury'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.

Mercury ROC (Joel Greenblatt) % Chart

Mercury Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 636.32 579.92 108.40 258.07 419.33

Mercury Semi-Annual Data
Feb20 Feb21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 94.30 78.88 571.93 191.94 452.06

TSE:5025 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Mercury'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.


Mercury ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Mercury's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:5025
78GF Score
Mercury Inc TSE:5025
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(238.949 + 0.162 + 26.476) - (101.899 + 0 + 116.685)
=47.003

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(247.213 + 0.152 + 33.812) - (175.242 + 0 + 63.926)
=42.009

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=337.96/( ( (32.846 + max(47.003, 0)) + (27.662 + max(42.009, 0)) )/ 2 )
=337.96/( ( 79.849 + 69.671 )/ 2 )
=337.96/74.76
=452.06 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 452.06% mean?
Mercury (TSE:5025) has a ROC (Joel Greenblatt) % of 452.06% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mercury and its competitors. This is 75% above median its historical median of 258.07. Over the past decade, Mercury's ROC (Joel Greenblatt) % has ranged from 67.90 to 636.32. According to the industry distribution chart, Mercury ranks #262 out of 2819 companies in the Software industry, placing it in the top 9.3%.
Is Mercury's ROC (Joel Greenblatt) % too high?
Mercury's current ROC (Joel Greenblatt) % of 452.06% is 75% above median its 10-year median of 258.07. Over the past 10 years, this metric has ranged from a low of 67.90 to a high of 636.32. The Software industry median ROC (Joel Greenblatt) % is 19.59. Mercury's value of 452.06% is 2207.6% above this industry median. Based on the distribution chart, Mercury ranks #262 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mercury has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercury's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Mercury ranks #262 out of 2819 companies for ROC (Joel Greenblatt) %. This places Mercury in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Mercury's value of 452.06% is 2207.6% above this benchmark. Historically, Mercury's own ROC (Joel Greenblatt) % has ranged from 67.90 to 636.32 over the past decade. While the company's 10-year median is 258.07 vs. the industry median of 19.59, Mercury 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. Mercury's current ROC (Joel Greenblatt) % of 452.06% is 2207.6% 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 Mercury and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury's current ROC (Joel Greenblatt) % is 452.06%, which is 75% above median its own 10-year median of 258.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury stock overvalued right now?
Based on GuruFocus' analysis, Mercury (TSE:5025) is currently considered Modestly Undervalued. The stock's GF Value™ is 円656.08, compared to a current price of 円560.00 — trading 14.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 452.06%, which is 75% above median its 10-year median of 258.07 and 2207.6% above the Software industry median of 19.59. Mercury's overall GF Score™ is 78/100 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 Mercury (TSE:5025), the current ROC (Joel Greenblatt) % is 452.06% as of Feb. 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 Mercury (TSE:5025) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury stock appears to be undervalued. The current stock price of 円560.00 is trading 14.6% below its estimated GF Value™ of 円656.08. GuruFocus considers Mercury to be Modestly Undervalued.

Key valuation signals for TSE:5025:

  • ROC (Joel Greenblatt) %: 452.06% (75% above median its 10-year median of 258.07)
  • GF Value™: 円656.08 vs. price of 円560.00 (14.6% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 2207.6% above the Software median (#262 of 2819)

No single metric tells the full story. See the TSE:5025 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercury Business Description

Address 2-6-1 Nishishinjuku, Shinjuku Sumitomo Building 42nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0242
Mercury Inc provides a real estate information platform utilizing real estate big data and technologies such as Artificial intelligence for conventional big data.
78GF Score

Get the complete analysis for TSE:5025

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

円560.00
Price
円656.08
GF Value