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Nippon Shindo CoTSE:5753 -2.04%78 ROC (Joel Greenblatt) % is 9.23% as of Mar. 2026, which is 25% below its 10-year median of 12.28. GuruFocus rates TSE:5753 with a GF Score™ of 78/100 and a GF Value™ of 円2,404.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,498 Metals & Mining companies, Nippon Shindo Co ranks better than 79.78% 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. Nippon Shindo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.23%.
The historical rank and industry rank for Nippon Shindo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:5753'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.47 Med: 12.28 Max: 16.17
Current: 7.95
During the past 13 years, Nippon Shindo Co's highest ROC (Joel Greenblatt) % was 16.17%. The lowest was 6.47%. And the median was 12.28%.
TSE:5753's ROC (Joel Greenblatt) % is ranked better than 79.78% of 2498
companies
in the Metals & Mining industry
Industry Median: -22.185
vs TSE:5753: 7.95
Nippon Shindo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.00% per year.
Nippon Shindo Co (TSE:5753) 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.
Nippon Shindo Co ROC (Joel Greenblatt) % Related Terms
Nippon Shindo Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nippon Shindo 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:5753 vs SCCO, FCX: ROC (Joel Greenblatt) % Comparison
For the Copper subindustry, Nippon Shindo 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.
Nippon Shindo Co ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nippon Shindo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nippon Shindo Co's ROC (Joel Greenblatt) % falls into.
Nippon Shindo 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 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 9.23% mean?
Nippon Shindo Co (TSE:5753) has a ROC (Joel Greenblatt) % of 9.23% 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 Nippon Shindo Co and its competitors. This is 25% below median its historical median of 12.28. Over the past decade, Nippon Shindo Co's ROC (Joel Greenblatt) % has ranged from 6.47 to 16.17. According to the industry distribution chart, Nippon Shindo Co ranks #505 out of 2498 companies in the Metals & Mining industry, placing it in the top 20.2%.
Is Nippon Shindo Co's ROC (Joel Greenblatt) % too high?
Nippon Shindo Co's current ROC (Joel Greenblatt) % of 9.23% is 25% below median its 10-year median of 12.28. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 16.17. Based on the distribution chart, Nippon Shindo Co ranks #505 out of 2498 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Shindo Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shindo Co's ROC (Joel Greenblatt) % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nippon Shindo Co ranks #505 out of 2498 companies for ROC (Joel Greenblatt) %. This places Nippon Shindo Co in the top 20% of its industry — outperforming the majority of peers. Historically, Nippon Shindo Co's own ROC (Joel Greenblatt) % has ranged from 6.47 to 16.17 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Nippon Shindo Co and its competitors. Nippon Shindo Co's current ROC (Joel Greenblatt) % is 9.23%, which is 25% below median its own 10-year median of 12.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shindo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shindo Co (TSE:5753) is currently considered Fairly Valued. The stock's GF Value™ is 円2,404.57, compared to a current price of 円2,351.00 — trading 2.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.23%, which is 25% below median its 10-year median of 12.28. Nippon Shindo Co'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 Nippon Shindo Co (TSE:5753), the current ROC (Joel Greenblatt) % is 9.23% 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 Nippon Shindo Co (TSE:5753) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Shindo Co stock appears to be undervalued.
The current stock price of 円2,351.00 is trading 2.2% below its estimated GF Value™ of 円2,404.57.
GuruFocus considers Nippon Shindo Co to be Fairly Valued.
Key valuation signals for TSE:5753:
ROC (Joel Greenblatt) %: 9.23% (25% below median its 10-year median of 12.28)
GF Value™: 円2,404.57 vs. price of 円2,351.00 (2.2% below fair value)
No single metric tells the full story. See the TSE:5753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Shindo Co Ltd is involved in the manufacturing and distribution of copper alloys, brass rods, wire, forged products and others. The products are utilized in various fields including automobile and electric machinery industries.
78GF 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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