Artra Group (TSE:6029) ROC (Joel Greenblatt) %: 106.28% (As of Dec. 2025) — 464% Above Median

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TSE:6029 Artra Group Corp TSE:6029
60 GF Score
Price 円193.00
GF Value 円139.67
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Artra Group ROC (Joel Greenblatt) %?

Artra Group TSE:6029 60 ROC (Joel Greenblatt) % is 106.28% as of Dec. 2025, which is 464% above its 10-year median of 18.83. GuruFocus rates TSE:6029 with a GF Score™ of 60/100 and a GF Value™ of 円139.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 669 Healthcare Providers & Services companies, Artra Group ranks better than 85.5% 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. Artra Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 106.28%.

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

TSE:6029' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -203.78   Med: 18.83   Max: 237.56
Current: 70.36

During the past 13 years, Artra Group's highest ROC (Joel Greenblatt) % was 237.56%. The lowest was -203.78%. And the median was 18.83%.

TSE:6029's ROC (Joel Greenblatt) % is ranked better than
85.5% of 669 companies
in the Healthcare Providers & Services industry
Industry Median: 12.54 vs TSE:6029: 70.36

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


Artra Group  (TSE:6029) 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.


Artra Group ROC (Joel Greenblatt) % Related Terms


Artra Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Artra Group'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.

Artra Group ROC (Joel Greenblatt) % Chart

Artra Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -203.78 15.19 22.47 -2.40 109.42

Artra Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -19.15 185.34 102.95 106.28 -257.28

TSE:6029 vs HCA, THC, DVA: ROC (Joel Greenblatt) % Comparison

For the Medical Care Facilities subindustry, Artra Group'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.


Artra Group ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Artra Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:6029
60GF Score
Artra Group Corp TSE:6029
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artra Group 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)
=(312.244 + 531.906 + 186.209) - (124.456 + 0 + 826.011)
=79.892

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(364.997 + 599.978 + 278.216) - (399.891 + 0 + 780.89)
=62.41

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Artra Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=226.476/( ( (137.637 + max(79.892, 0)) + (146.247 + max(62.41, 0)) )/ 2 )
=226.476/( ( 217.529 + 208.657 )/ 2 )
=226.476/213.093
=106.28 %

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 106.28% mean?
Artra Group (TSE:6029) has a ROC (Joel Greenblatt) % of 106.28% 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 Artra Group and its competitors. This is 464% above median its historical median of 18.83. According to the industry distribution chart, Artra Group ranks #97 out of 669 companies in the Healthcare Providers & Services industry, placing it in the top 14.5%.
Is Artra Group's ROC (Joel Greenblatt) % too high?
Artra Group's current ROC (Joel Greenblatt) % of 106.28% is 464% above median its 10-year median of 18.83. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.54. Artra Group's value of 106.28% is 747.5% above this industry median. Based on the distribution chart, Artra Group ranks #97 out of 669 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Artra Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Artra Group's ROC (Joel Greenblatt) % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Artra Group ranks #97 out of 669 companies for ROC (Joel Greenblatt) %. This places Artra Group in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.54. Artra Group's value of 106.28% is 747.5% above this benchmark. While the company's 10-year median is 18.83 vs. the industry median of 12.54, Artra Group 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.54, based on 669 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. Artra Group's current ROC (Joel Greenblatt) % of 106.28% is 747.5% 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 Artra Group and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artra Group's current ROC (Joel Greenblatt) % is 106.28%, which is 464% above median its own 10-year median of 18.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artra Group stock overvalued right now?
Based on GuruFocus' analysis, Artra Group (TSE:6029) is currently considered Significantly Overvalued. The stock's GF Value™ is 円139.67, compared to a current price of 円193.00 — trading 38.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 106.28%, which is 464% above median its 10-year median of 18.83 and 747.5% above the Healthcare Providers & Services industry median of 12.54. Artra Group's overall GF Score™ is 60/100 with 3 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 Artra Group (TSE:6029), the current ROC (Joel Greenblatt) % is 106.28% 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.

Is Artra Group (TSE:6029) Overvalued in 2026?

Based on GuruFocus' analysis, Artra Group stock appears to be overvalued. The current stock price of 円193.00 is trading 38.2% above its estimated GF Value™ of 円139.67. GuruFocus considers Artra Group to be Significantly Overvalued.

Key valuation signals for TSE:6029:

  • ROC (Joel Greenblatt) %: 106.28% (464% above median its 10-year median of 18.83)
  • GF Value™: 円139.67 vs. price of 円193.00 (38.2% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 747.5% above the Healthcare Providers & Services median (#97 of 669)

No single metric tells the full story. See the TSE:6029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artra Group Business Description

Address 4-6-9 Tachimichibori, Taiga Building, Nishi-ku, Osaka, JPN, 550-0012
Artra Group Corp is engaged in the healthcare support business, providing services that assist the operation and management of clinics and related facilities. The group has two reportable segments: Acupuncture & Orthopedic Clinic Support and Toy Sales Business. The Acupuncture and Orthopedic Clinic Support segment is involved in supporting acupuncture and orthopedic clinics through services such as bone setting chains, provision of equipment and consumables, Attra billing services, HONEY-STYLE, and nursing care support. The Toy Sales segment focuses on the sale of toys, stationery, and other related products.
60GF Score

Get the complete analysis for TSE:6029

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

円193.00
Price
円139.67
GF Value