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Fast Accounting CoTSE:5588 19 ROC (Joel Greenblatt) % is 53.69% as of Dec. 2025, which is 43% below its 10-year median of 94.91. GuruFocus rates TSE:5588 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,815 Software companies, Fast Accounting Co ranks better than 67.67% 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. Fast Accounting Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 53.69%.
The historical rank and industry rank for Fast Accounting Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:5588'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2038.6 Med: 94.91 Max: 154.07
Current: 74.47
During the past 5 years, Fast Accounting Co's highest ROC (Joel Greenblatt) % was 154.07%. The lowest was -2038.60%. And the median was 94.91%.
TSE:5588's ROC (Joel Greenblatt) % is ranked better than 67.67% of 2815
companies
in the Software industry
Industry Median: 19.63
vs TSE:5588: 74.47
Fast Accounting Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Fast Accounting Co (TSE:5588) 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.
Fast Accounting Co ROC (Joel Greenblatt) % Related Terms
Fast Accounting Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Fast Accounting 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:5588 vs MSFT, ORCL, PLTR: ROC (Joel Greenblatt) % Comparison
For the Software - Infrastructure subindustry, Fast Accounting 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.
Fast Accounting Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Fast Accounting Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fast Accounting Co's ROC (Joel Greenblatt) % falls into.
Fast Accounting 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 (Dec. 2025) 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 53.69% mean?
Fast Accounting Co (TSE:5588) has a ROC (Joel Greenblatt) % of 53.69% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fast Accounting Co and its competitors. This is 43% below median its historical median of 94.91. According to the industry distribution chart, Fast Accounting Co ranks #910 out of 2815 companies in the Software industry, placing it in the top 32.3%.
Is Fast Accounting Co's ROC (Joel Greenblatt) % too high?
Fast Accounting Co's current ROC (Joel Greenblatt) % of 53.69% is 43% below median its 10-year median of 94.91. The Software industry median ROC (Joel Greenblatt) % is 19.63. Fast Accounting Co's value of 53.69% is 173.5% above this industry median. Based on the distribution chart, Fast Accounting Co ranks #910 out of 2815 companies in the Software industry, which is above the industry midpoint. Overall, Fast Accounting Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Fast Accounting Co's ROC (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Fast Accounting Co ranks #910 out of 2815 companies for ROC (Joel Greenblatt) %. This puts Fast Accounting Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Fast Accounting Co's value of 53.69% is 173.5% above this benchmark. While the company's 10-year median is 94.91 vs. the industry median of 19.63, Fast Accounting 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.63, based on 2,815 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. Fast Accounting Co's current ROC (Joel Greenblatt) % of 53.69% is 173.5% 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 Fast Accounting Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Accounting Co's current ROC (Joel Greenblatt) % is 53.69%, which is 43% below median its own 10-year median of 94.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Accounting Co stock overvalued right now?
Fast Accounting Co (TSE:5588) has a current ROC (Joel Greenblatt) % of 53.69%. The current ROC (Joel Greenblatt) % is 53.69%, which is 43% below median its 10-year median of 94.91 and 173.5% above the Software industry median of 19.63. Fast Accounting Co's overall GF Score™ is 19/100 with 1 warning sign 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 Fast Accounting Co (TSE:5588), the current ROC (Joel Greenblatt) % is 53.69% as of Dec. 2025. 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.
Fast Accounting Co Ltd is engaged in AI solution business specializing in the field of accounting. Its services include invoice Automation of input/confirmation, Automated invoice matching, Automate receipt input/confirmation, Automated receipt matching and others.
19GF Score
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