D Plus Co (TSE:567A) ROC (Joel Greenblatt) %: 37.00% (As of May. 2026) — 692% Above Median

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TSE:567A D Plus Co Ltd TSE:567A
2 GF Score
Price 円3,000.00
! 1 Warning Sign
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What is D Plus Co ROC (Joel Greenblatt) %?

D Plus Co TSE:567A 2 ROC (Joel Greenblatt) % is 37.00% as of May. 2026, which is 692% above its 10-year median of 4.67. GuruFocus rates TSE:567A with a GF Score™ of 2/100. The stock has 1 warning sign investors should review.

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. D Plus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 37.00%.

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

TSE:567A' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.92   Med: 4.67   Max: 18.5
Current: 18.5

During the past 2 years, D Plus Co's highest ROC (Joel Greenblatt) % was 18.50%. The lowest was -0.92%. And the median was 4.67%.

TSE:567A's ROC (Joel Greenblatt) % is not ranked
in the Vehicles & Parts industry.
Industry Median: 12.2 vs TSE:567A: 18.50

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


D Plus Co  (TSE:567A) 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.


D Plus Co ROC (Joel Greenblatt) % Related Terms


D Plus Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for D Plus 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.

D Plus Co ROC (Joel Greenblatt) % Chart

D Plus Co Annual Data
Trend Nov24 Nov25
ROC (Joel Greenblatt) %
-0.92 10.25

D Plus Co Semi-Annual Data
Nov24 Nov25 May26
ROC (Joel Greenblatt) % 0.00 0.00 37.00

TSE:567A vs CVNA, PAG, ALTB: ROC (Joel Greenblatt) % Comparison

For the Auto & Truck Dealerships subindustry, D Plus 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.


D Plus Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

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

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


TSE:567A
2GF Score
D Plus Co Ltd TSE:567A
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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D Plus 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(973.009 + 490.283 + 121.063) - (444.068 + 0 + 134.519)
=1005.768

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1197.913 + 644.208 + 210.668) - (574.631 + 0 + 187.477)
=1290.681

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of D Plus Co for the quarter that ended in May. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=774.406/( ( (916.712 + max(1005.768, 0)) + (972.715 + max(1290.681, 0)) )/ 2 )
=774.406/( ( 1922.48 + 2263.396 )/ 2 )
=774.406/2092.938
=37.00 %

Note: The EBIT data used here is two times the semi-annual (May. 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 37.00% mean?
D Plus Co (TSE:567A) has a ROC (Joel Greenblatt) % of 37.00% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on D Plus Co and its competitors. This is 692% above median its historical median of 4.67.
Is D Plus Co's ROC (Joel Greenblatt) % too high?
D Plus Co's current ROC (Joel Greenblatt) % of 37.00% is 692% above median its 10-year median of 4.67. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.20. D Plus Co's value of 37.00% is 203.3% above this industry median. Overall, D Plus Co has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does D Plus Co's ROC (Joel Greenblatt) % compare to CVNA and PAG?
D Plus Co's ROC (Joel Greenblatt) % of 37.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROC (Joel Greenblatt) % is 12.20. D Plus Co's value of 37.00% is 203.3% above this benchmark. While the company's 10-year median is 4.67 vs. the industry median of 12.20, D Plus 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 12.20, based on 1,339 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. D Plus Co's current ROC (Joel Greenblatt) % of 37.00% is 203.3% 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 D Plus Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D Plus Co's current ROC (Joel Greenblatt) % is 37.00%, which is 692% above median its own 10-year median of 4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D Plus Co stock overvalued right now?
D Plus Co (TSE:567A) has a current ROC (Joel Greenblatt) % of 37.00%. The current ROC (Joel Greenblatt) % is 37.00%, which is 692% above median its 10-year median of 4.67 and 203.3% above the Vehicles & Parts industry median of 12.20. D Plus Co's overall GF Score™ is 2/100 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 D Plus Co (TSE:567A), the current ROC (Joel Greenblatt) % is 37.00% as of May. 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.

D Plus Co Business Description

Address 5-13-21 Sakae, 4th Floor Panekyo Nagoya Center Building, Naka-ku, Aichi, Nagoya, JPN, 460-0008
D Plus Co Ltd provides car leasing sales and related services, along with vehicle maintenance, repair, and trade-in services.
2GF Score

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

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