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Chugokukogyo CoTSE:5974 -0.47%61 ROC (Joel Greenblatt) % is 14.53% as of Mar. 2026, which is 210% above its 10-year median of 4.69. GuruFocus rates TSE:5974 with a GF Score™ of 61/100 and a GF Value™ of 円637.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 506 Utilities - Regulated companies, Chugokukogyo Co ranks worse than 55.73% 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. Chugokukogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.53%.
The historical rank and industry rank for Chugokukogyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:5974'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.43 Med: 4.69 Max: 9.55
Current: 9.55
During the past 13 years, Chugokukogyo Co's highest ROC (Joel Greenblatt) % was 9.55%. The lowest was 2.43%. And the median was 4.69%.
TSE:5974's ROC (Joel Greenblatt) % is ranked worse than 55.73% of 506
companies
in the Utilities - Regulated industry
Industry Median: 10.86
vs TSE:5974: 9.55
Chugokukogyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.40% per year.
Chugokukogyo Co (TSE:5974) 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.
Chugokukogyo Co ROC (Joel Greenblatt) % Related Terms
Chugokukogyo Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Chugokukogyo 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:5974 vs ATO, NI, UGI: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Gas subindustry, Chugokukogyo 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.
Chugokukogyo Co ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Chugokukogyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chugokukogyo Co's ROC (Joel Greenblatt) % falls into.
Chugokukogyo 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 (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 14.53% mean?
Chugokukogyo Co (TSE:5974) has a ROC (Joel Greenblatt) % of 14.53% 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 Chugokukogyo Co and its competitors. This is 210% above median its historical median of 4.69. Over the past decade, Chugokukogyo Co's ROC (Joel Greenblatt) % has ranged from 2.43 to 9.55. According to the industry distribution chart, Chugokukogyo Co ranks #282 out of 506 companies in the Utilities - Regulated industry, placing it in the top 55.7%.
Is Chugokukogyo Co's ROC (Joel Greenblatt) % too high?
Chugokukogyo Co's current ROC (Joel Greenblatt) % of 14.53% is 210% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 9.55. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.86. Chugokukogyo Co's value of 14.53% is 33.8% above this industry median. Based on the distribution chart, Chugokukogyo Co ranks #282 out of 506 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Chugokukogyo Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugokukogyo Co's ROC (Joel Greenblatt) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chugokukogyo Co ranks #282 out of 506 companies for ROC (Joel Greenblatt) %. This places Chugokukogyo Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.86. Chugokukogyo Co's value of 14.53% is 33.8% above this benchmark. Historically, Chugokukogyo Co's own ROC (Joel Greenblatt) % has ranged from 2.43 to 9.55 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 10.86, Chugokukogyo 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 an Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.86, based on 506 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. Chugokukogyo Co's current ROC (Joel Greenblatt) % of 14.53% is 33.8% 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 Chugokukogyo Co and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugokukogyo Co's current ROC (Joel Greenblatt) % is 14.53%, which is 210% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugokukogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Chugokukogyo Co (TSE:5974) is currently considered Significantly Overvalued. The stock's GF Value™ is 円637.73, compared to a current price of 円841.00 — trading 31.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.53%, which is 210% above median its 10-year median of 4.69 and 33.8% above the Utilities - Regulated industry median of 10.86. Chugokukogyo Co'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 Chugokukogyo Co (TSE:5974), the current ROC (Joel Greenblatt) % is 14.53% 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 Chugokukogyo Co (TSE:5974) Overvalued in 2026?
Based on GuruFocus' analysis, Chugokukogyo Co stock appears to be overvalued.
The current stock price of 円841.00 is trading 31.9% above its estimated GF Value™ of 円637.73.
GuruFocus considers Chugokukogyo Co to be Significantly Overvalued.
Key valuation signals for TSE:5974:
ROC (Joel Greenblatt) %: 14.53% (210% above median its 10-year median of 4.69)
GF Value™: 円637.73 vs. price of 円841.00 (31.9% above fair value)
Industry Position: 33.8% above the Utilities - Regulated median (#282 of 506)
No single metric tells the full story. See the TSE:5974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugokukogyo Co Ltd manufactures and sells LP gas containers, storage tanks, and bulk storage tank; and designs, constructs, and inspects LP gas plants. It is also engaged in the manufacturing of iron structure products; FRP feed tank silage silos; FRP pharmaceutical tanks and covers; FRP automotive parts; and livestock products.
61GF Score
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