Asahi Rubber (TSE:5162) ROC (Joel Greenblatt) %: 3.83% (As of Mar. 2026) — 16% Below Median

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TSE:5162 Asahi Rubber Inc TSE:5162
61 GF Score
Price 円795.00
GF Value 円619.62
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asahi Rubber ROC (Joel Greenblatt) %?

Asahi Rubber TSE:5162 -0.62% 61 ROC (Joel Greenblatt) % is 3.83% as of Mar. 2026, which is 16% below its 10-year median of 4.54. GuruFocus rates TSE:5162 with a GF Score™ of 61/100 and a GF Value™ of 円619.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Asahi Rubber ranks worse than 71.77% 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. Asahi Rubber's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.83%.

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

TSE:5162' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.31   Med: 4.54   Max: 14.13
Current: 4.5

During the past 13 years, Asahi Rubber's highest ROC (Joel Greenblatt) % was 14.13%. The lowest was -5.31%. And the median was 4.54%.

TSE:5162's ROC (Joel Greenblatt) % is ranked worse than
71.77% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs TSE:5162: 4.50

Asahi Rubber's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Asahi Rubber  (TSE:5162) 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.


Asahi Rubber ROC (Joel Greenblatt) % Related Terms


Asahi Rubber ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Asahi Rubber'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.

Asahi Rubber ROC (Joel Greenblatt) % Chart

Asahi Rubber 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 6.57 4.58 3.49 -5.31 4.49

Asahi Rubber Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.72 -2.52 -7.77 5.19 3.83

TSE:5162 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Asahi Rubber'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.


Asahi Rubber ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

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

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


TSE:5162
61GF Score
Asahi Rubber Inc TSE:5162
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Rubber 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1602.624 + 1244.841 + 400.672) - (401.904 + 0 + 1306.487)
=1539.746

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1476.924 + 1273.068 + 251.023) - (329.639 + 0 + 1125.784)
=1545.592

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Asahi Rubber 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=198.546/( ( (3573.485 + max(1539.746, 0)) + (3711.594 + max(1545.592, 0)) )/ 2 )
=198.546/( ( 5113.231 + 5257.186 )/ 2 )
=198.546/5185.2085
=3.83 %

Note: The EBIT data used here is two times the semi-annual (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 3.83% mean?
Asahi Rubber (TSE:5162) has a ROC (Joel Greenblatt) % of 3.83% 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 Asahi Rubber and its competitors. This is 16% below median its historical median of 4.54. According to the industry distribution chart, Asahi Rubber ranks #956 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 71.8%.
Is Asahi Rubber's ROC (Joel Greenblatt) % too high?
Asahi Rubber's current ROC (Joel Greenblatt) % of 3.83% is 16% below median its 10-year median of 4.54. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Asahi Rubber's value of 3.83% is 68.1% below this industry median. Based on the distribution chart, Asahi Rubber ranks #956 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Asahi Rubber has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Rubber's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi Rubber ranks #956 out of 1332 companies for ROC (Joel Greenblatt) %. This places Asahi Rubber in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Asahi Rubber's value of 3.83% is 68.1% below this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 12.02, Asahi Rubber has consistently been below 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. Asahi Rubber's current ROC (Joel Greenblatt) % of 3.83% is 68.1% below 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 Asahi Rubber 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. Asahi Rubber's current ROC (Joel Greenblatt) % is 3.83%, which is 16% below median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Rubber stock overvalued right now?
Based on GuruFocus' analysis, Asahi Rubber (TSE:5162) is currently considered Modestly Overvalued. The stock's GF Value™ is 円619.62, compared to a current price of 円795.00 — trading 28.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.83%, which is 16% below median its 10-year median of 4.54 and 68.1% below the Vehicles & Parts industry median of 12.02. Asahi Rubber's overall GF Score™ is 61/100 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 Asahi Rubber (TSE:5162), the current ROC (Joel Greenblatt) % is 3.83% 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 Asahi Rubber (TSE:5162) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Rubber stock appears to be overvalued. The current stock price of 円795.00 is trading 28.3% above its estimated GF Value™ of 円619.62. GuruFocus considers Asahi Rubber to be Modestly Overvalued.

Key valuation signals for TSE:5162:

  • ROC (Joel Greenblatt) %: 3.83% (16% below median its 10-year median of 4.54)
  • GF Value™: 円619.62 vs. price of 円795.00 (28.3% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 68.1% below the Vehicles & Parts median (#956 of 1332)

No single metric tells the full story. See the TSE:5162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Rubber Business Description

Address Dotemachi 2-7-2, Omiya ward, Saitama-shi, Tokyo, JPN
Asahi Rubber Inc is engaged in manufacturing and selling small rubber parts for electrical equipment, vehicles, medical equipment, watches, and others. The segments of the company include Industrial Rubber Business and Medical and Hygienic Rubber Business.
61GF Score

Get the complete analysis for TSE:5162

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

円795.00
Price
円619.62
GF Value