NISHIKAWA RUBBER Co (TSE:5161) ROC (Joel Greenblatt) %: 77.47% (As of Mar. 2026) — 307% Above Median

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TSE:5161 NISHIKAWA RUBBER Co Ltd TSE:5161
67 GF Score
Price 円3,220.00
GF Value 円1,168.95
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is NISHIKAWA RUBBER Co ROC (Joel Greenblatt) %?

NISHIKAWA RUBBER Co TSE:5161 +0.47% 67 ROC (Joel Greenblatt) % is 77.47% as of Mar. 2026, which is 307% above its 10-year median of 19.03. GuruFocus rates TSE:5161 with a GF Score™ of 67/100 and a GF Value™ of 円1,168.95 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,332 Vehicles & Parts companies, NISHIKAWA RUBBER Co ranks better than 90.02% 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. NISHIKAWA RUBBER Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 77.47%.

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

TSE:5161' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.96   Med: 19.03   Max: 41.34
Current: 41.34

During the past 13 years, NISHIKAWA RUBBER Co's highest ROC (Joel Greenblatt) % was 41.34%. The lowest was -11.96%. And the median was 19.03%.

TSE:5161's ROC (Joel Greenblatt) % is ranked better than
90.02% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs TSE:5161: 41.34

NISHIKAWA RUBBER Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 28.00% per year.


NISHIKAWA RUBBER Co  (TSE:5161) 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.


NISHIKAWA RUBBER Co ROC (Joel Greenblatt) % Related Terms


NISHIKAWA RUBBER Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NISHIKAWA RUBBER 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.

NISHIKAWA RUBBER Co ROC (Joel Greenblatt) % Chart

NISHIKAWA RUBBER Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.65 4.49 22.87 22.60 40.99

NISHIKAWA RUBBER Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 23.67 25.06 31.81 30.39 77.47

TSE:5161 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, NISHIKAWA RUBBER 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.


NISHIKAWA RUBBER Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NISHIKAWA RUBBER Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:5161
67GF Score
NISHIKAWA RUBBER Co Ltd TSE:5161
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NISHIKAWA RUBBER 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15592 + 7575 + 5597) - (13099 + 0 + 7019)
=8646

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15881 + 7873 + 2606) - (12367 + 0 + 6937)
=7056

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28700/( ( (29050 + max(8646, 0)) + (29340 + max(7056, 0)) )/ 2 )
=28700/( ( 37696 + 36396 )/ 2 )
=28700/37046
=77.47 %

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 77.47% mean?
NISHIKAWA RUBBER Co (TSE:5161) has a ROC (Joel Greenblatt) % of 77.47% 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 NISHIKAWA RUBBER Co and its competitors. This is 307% above median its historical median of 19.03. According to the industry distribution chart, NISHIKAWA RUBBER Co ranks #133 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 10%.
Is NISHIKAWA RUBBER Co's ROC (Joel Greenblatt) % too high?
NISHIKAWA RUBBER Co's current ROC (Joel Greenblatt) % of 77.47% is 307% above median its 10-year median of 19.03. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. NISHIKAWA RUBBER Co's value of 77.47% is 544.5% above this industry median. Based on the distribution chart, NISHIKAWA RUBBER Co ranks #133 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, NISHIKAWA RUBBER Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NISHIKAWA RUBBER Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NISHIKAWA RUBBER Co ranks #133 out of 1332 companies for ROC (Joel Greenblatt) %. This places NISHIKAWA RUBBER Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.02. NISHIKAWA RUBBER Co's value of 77.47% is 544.5% above this benchmark. While the company's 10-year median is 19.03 vs. the industry median of 12.02, NISHIKAWA RUBBER 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 a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. NISHIKAWA RUBBER Co's current ROC (Joel Greenblatt) % of 77.47% is 544.5% 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 NISHIKAWA RUBBER Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NISHIKAWA RUBBER Co's current ROC (Joel Greenblatt) % is 77.47%, which is 307% above median its own 10-year median of 19.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NISHIKAWA RUBBER Co stock overvalued right now?
Based on GuruFocus' analysis, NISHIKAWA RUBBER Co (TSE:5161) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,168.95, compared to a current price of 円3,220.00 — trading 175.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 77.47%, which is 307% above median its 10-year median of 19.03 and 544.5% above the Vehicles & Parts industry median of 12.02. NISHIKAWA RUBBER Co's overall GF Score™ is 67/100 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 NISHIKAWA RUBBER Co (TSE:5161), the current ROC (Joel Greenblatt) % is 77.47% 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 NISHIKAWA RUBBER Co (TSE:5161) Overvalued in 2026?

Based on GuruFocus' analysis, NISHIKAWA RUBBER Co stock appears to be overvalued. The current stock price of 円3,220.00 is trading 175.5% above its estimated GF Value™ of 円1,168.95. GuruFocus considers NISHIKAWA RUBBER Co to be Significantly Overvalued.

Key valuation signals for TSE:5161:

  • ROC (Joel Greenblatt) %: 77.47% (307% above median its 10-year median of 19.03)
  • GF Value™: 円1,168.95 vs. price of 円3,220.00 (175.5% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 544.5% above the Vehicles & Parts median (#133 of 1332)

No single metric tells the full story. See the TSE:5161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NISHIKAWA RUBBER Co Business Description

Address 2-2-8 Misasacho, Nishi-Ku, Hiroshima Prefecture, Hiroshima, JPN, 733-8510
NISHIKAWA RUBBER Co Ltd manufactures and sells rubber sealing products for automotive, housing, and civil engineering related products. It offers automotive-related products, such as glass runs, interior and exterior moldings, waist sealings, electrical equipment packing materials, and others; and housing-related products, including joint gaskets, backup seals, door seals, and other seals. The company also provides civil engineering-related products, including AN joint I, AN joint III, Excel joints, and ANB flexible joints for sewage works and water-swelling sponge applications. Its reportable segments are Japan, which derives the maximum revenue, North America, East Asia, and Southeast Asia.
67GF Score

Get the complete analysis for TSE:5161

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

円3,220.00
Price
円1,168.95
GF Value