Rentracks Co (TSE:6045) ROC (Joel Greenblatt) %: 126.88% (As of Mar. 2026) — 23% Above Median

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TSE:6045 Rentracks Co Ltd TSE:6045
68 GF Score
Price 円1,642.00
GF Value 円972.24
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rentracks Co ROC (Joel Greenblatt) %?

Rentracks Co TSE:6045 +2.31% 68 ROC (Joel Greenblatt) % is 126.88% as of Mar. 2026, which is 23% above its 10-year median of 103.46. GuruFocus rates TSE:6045 with a GF Score™ of 68/100 and a GF Value™ of 円972.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,015 Media - Diversified companies, Rentracks Co ranks better than 87.88% 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. Rentracks Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 126.88%.

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

TSE:6045' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.73   Med: 103.46   Max: 1026.31
Current: 113.56

During the past 13 years, Rentracks Co's highest ROC (Joel Greenblatt) % was 1026.31%. The lowest was 29.73%. And the median was 103.46%.

TSE:6045's ROC (Joel Greenblatt) % is ranked better than
87.88% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.85 vs TSE:6045: 113.56

Rentracks Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.10% per year.


Rentracks Co  (TSE:6045) 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.


Rentracks Co ROC (Joel Greenblatt) % Related Terms


Rentracks Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rentracks 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.

Rentracks Co ROC (Joel Greenblatt) % Chart

Rentracks Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.46 29.73 40.45 117.92 89.58

Rentracks Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 46.39 96.77 106.04 148.95 126.88

TSE:6045 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, Rentracks 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.


Rentracks Co ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Rentracks Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:6045
68GF Score
Rentracks Co Ltd TSE:6045
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rentracks 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3941.359 + 252.894 + 352.675) - (2716.492 + 0 + 649.742)
=1180.694

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5063.069 + 4293.548 + 325.377) - (3830.575 + 0 + 494.363)
=5357.056

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4683.034/( ( (44.03 + max(1180.694, 0)) + (800.09 + max(5357.056, 0)) )/ 2 )
=4683.034/( ( 1224.724 + 6157.146 )/ 2 )
=4683.034/3690.935
=126.88 %

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 126.88% mean?
Rentracks Co (TSE:6045) has a ROC (Joel Greenblatt) % of 126.88% 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 Rentracks Co and its competitors. This is 23% above median its historical median of 103.46. Over the past decade, Rentracks Co's ROC (Joel Greenblatt) % has ranged from 29.73 to 1,026.31. According to the industry distribution chart, Rentracks Co ranks #123 out of 1015 companies in the Media - Diversified industry, placing it in the top 12.1%.
Is Rentracks Co's ROC (Joel Greenblatt) % too high?
Rentracks Co's current ROC (Joel Greenblatt) % of 126.88% is 23% above median its 10-year median of 103.46. Over the past 10 years, this metric has ranged from a low of 29.73 to a high of 1,026.31. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.85. Rentracks Co's value of 126.88% is 1188.1% above this industry median. Based on the distribution chart, Rentracks Co ranks #123 out of 1015 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Rentracks Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rentracks Co's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Rentracks Co ranks #123 out of 1015 companies for ROC (Joel Greenblatt) %. This places Rentracks Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.85. Rentracks Co's value of 126.88% is 1188.1% above this benchmark. Historically, Rentracks Co's own ROC (Joel Greenblatt) % has ranged from 29.73 to 1,026.31 over the past decade. While the company's 10-year median is 103.46 vs. the industry median of 9.85, Rentracks 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.85, based on 1,015 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. Rentracks Co's current ROC (Joel Greenblatt) % of 126.88% is 1188.1% 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 Rentracks Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rentracks Co's current ROC (Joel Greenblatt) % is 126.88%, which is 23% above median its own 10-year median of 103.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentracks Co stock overvalued right now?
Based on GuruFocus' analysis, Rentracks Co (TSE:6045) is currently considered Significantly Overvalued. The stock's GF Value™ is 円972.24, compared to a current price of 円1,642.00 — trading 68.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 126.88%, which is 23% above median its 10-year median of 103.46 and 1188.1% above the Media - Diversified industry median of 9.85. Rentracks Co's overall GF Score™ is 68/100 with 6 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 Rentracks Co (TSE:6045), the current ROC (Joel Greenblatt) % is 126.88% 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 Rentracks Co (TSE:6045) Overvalued in 2026?

Based on GuruFocus' analysis, Rentracks Co stock appears to be overvalued. The current stock price of 円1,642.00 is trading 68.9% above its estimated GF Value™ of 円972.24. GuruFocus considers Rentracks Co to be Significantly Overvalued.

Key valuation signals for TSE:6045:

  • ROC (Joel Greenblatt) %: 126.88% (23% above median its 10-year median of 103.46)
  • GF Value™: 円972.24 vs. price of 円1,642.00 (68.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 1188.1% above the Media - Diversified median (#123 of 1015)

No single metric tells the full story. See the TSE:6045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rentracks Co Business Description

Address 2-3 Nishikasai 5-chome, Edogawa-ku, Tokyo, JPN, 134-0088
Rentracks Co Ltd provides internet and advertising services. The group has three reportable segments: Performance-Based Advertising Service Business, Search-Linked Advertising Agency Business, and Used Construction Machinery Marketplace-Related Business. The Performance-Based Advertising segment manages success fees between advertisers and media, the Search-Linked Advertising segment acts as an agent for search-linked advertising, and the Used Construction Machinery segment operates a platform for buying and selling used construction machinery. It generates the majority of its revenue from the Performance-Based Advertising Service Business.
68GF Score

Get the complete analysis for TSE:6045

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

円1,642.00
Price
円972.24
GF Value