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Takamatsu Machinery CoTSE:6155 +0.19%59 ROC (Joel Greenblatt) % is 3.96% as of Mar. 2026, which is 55% below its 10-year median of 8.77. GuruFocus rates TSE:6155 with a GF Score™ of 59/100 and a GF Value™ of 円414.10 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,065 Industrial Products companies, Takamatsu Machinery Co ranks worse than 76.97% 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. Takamatsu Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.96%.
The historical rank and industry rank for Takamatsu Machinery Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6155'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.91 Med: 8.77 Max: 23.62
Current: -0.23
During the past 13 years, Takamatsu Machinery Co's highest ROC (Joel Greenblatt) % was 23.62%. The lowest was -4.91%. And the median was 8.77%.
TSE:6155's ROC (Joel Greenblatt) % is ranked worse than 76.97% of 3065
companies
in the Industrial Products industry
Industry Median: 11.67
vs TSE:6155: -0.23
Takamatsu Machinery Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Takamatsu Machinery Co (TSE:6155) 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.
Takamatsu Machinery Co ROC (Joel Greenblatt) % Related Terms
Takamatsu Machinery Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Takamatsu Machinery 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.
Takamatsu Machinery Co ROC (Joel Greenblatt) % Chart
TSE:6155 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Takamatsu Machinery 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.
Takamatsu Machinery Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Takamatsu Machinery Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Takamatsu Machinery Co's ROC (Joel Greenblatt) % falls into.
Takamatsu Machinery 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 3.96% mean?
Takamatsu Machinery Co (TSE:6155) has a ROC (Joel Greenblatt) % of 3.96% 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 Takamatsu Machinery Co and its competitors. This is 55% below median its historical median of 8.77. According to the industry distribution chart, Takamatsu Machinery Co ranks #2359 out of 3065 companies in the Industrial Products industry, placing it in the top 77%.
Is Takamatsu Machinery Co's ROC (Joel Greenblatt) % too high?
Takamatsu Machinery Co's current ROC (Joel Greenblatt) % of 3.96% is 55% below median its 10-year median of 8.77. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.67. Takamatsu Machinery Co's value of 3.96% is 66.1% below this industry median. Based on the distribution chart, Takamatsu Machinery Co ranks #2359 out of 3065 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Takamatsu Machinery Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takamatsu Machinery Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Takamatsu Machinery Co ranks #2359 out of 3065 companies for ROC (Joel Greenblatt) %. This places Takamatsu Machinery Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.67. Takamatsu Machinery Co's value of 3.96% is 66.1% below this benchmark. While the company's 10-year median is 8.77 vs. the industry median of 11.67, Takamatsu Machinery Co has consistently been below 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.67, based on 3,065 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. Takamatsu Machinery Co's current ROC (Joel Greenblatt) % of 3.96% is 66.1% below 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 Takamatsu Machinery Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takamatsu Machinery Co's current ROC (Joel Greenblatt) % is 3.96%, which is 55% below median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takamatsu Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Takamatsu Machinery Co (TSE:6155) is currently considered Modestly Overvalued. The stock's GF Value™ is 円414.10, compared to a current price of 円519.00 — trading 25.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.96%, which is 55% below median its 10-year median of 8.77 and 66.1% below the Industrial Products industry median of 11.67. Takamatsu Machinery Co's overall GF Score™ is 59/100 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 Takamatsu Machinery Co (TSE:6155), the current ROC (Joel Greenblatt) % is 3.96% 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 Takamatsu Machinery Co (TSE:6155) Overvalued in 2026?
Based on GuruFocus' analysis, Takamatsu Machinery Co stock appears to be overvalued.
The current stock price of 円519.00 is trading 25.3% above its estimated GF Value™ of 円414.10.
GuruFocus considers Takamatsu Machinery Co to be Modestly Overvalued.
Key valuation signals for TSE:6155:
ROC (Joel Greenblatt) %: 3.96% (55% below median its 10-year median of 8.77)
GF Value™: 円414.10 vs. price of 円519.00 (25.3% above fair value)
Industry Position: 66.1% below the Industrial Products median (#2359 of 3065)
No single metric tells the full story. See the TSE:6155 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takamatsu Machinery Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of machine tools including computer numerical control (CNC) precision lathes, and special-purpose machines.
59GF Score
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