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AqualineTSE:6173 22 ROC (Joel Greenblatt) % is -6,009.05% as of Feb. 2026. GuruFocus rates TSE:6173 with a GF Score™ of 22/100 and a GF Value™ of 円44.05 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,081 Business Services companies, Aqualine ranks worse than 99.26% 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. Aqualine's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -6,009.05%.
The historical rank and industry rank for Aqualine's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6173'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7365.88 Med: -169 Max: 196.72
Current: -7365.88
During the past 12 years, Aqualine's highest ROC (Joel Greenblatt) % was 196.72%. The lowest was -7365.88%. And the median was -169.00%.
TSE:6173's ROC (Joel Greenblatt) % is ranked worse than 99.26% of 1081
companies
in the Business Services industry
Industry Median: 21.2
vs TSE:6173: -7365.88
Aqualine's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -92.90% per year.
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.
The historical data trend for Aqualine'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:6173 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Aqualine'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.
Aqualine ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Aqualine's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aqualine's ROC (Joel Greenblatt) % falls into.
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 (Feb. 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 -6,009.05% mean?
Aqualine (TSE:6173) has a ROC (Joel Greenblatt) % of -6,009.05% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aqualine and its competitors. According to the industry distribution chart, Aqualine ranks #1073 out of 1081 companies in the Business Services industry, placing it in the top 99.3%.
Is Aqualine's ROC (Joel Greenblatt) % too high?
Aqualine's current ROC (Joel Greenblatt) % is -6,009.05%. Based on the distribution chart, Aqualine ranks #1073 out of 1081 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Aqualine has a GF Score™ of 22/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aqualine's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Aqualine ranks #1073 out of 1081 companies for ROC (Joel Greenblatt) %. This places Aqualine in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.20. 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,081 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. 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 Aqualine and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqualine's current ROC (Joel Greenblatt) % is -6,009.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqualine stock overvalued right now?
Based on GuruFocus' analysis, Aqualine (TSE:6173) is currently considered Possible Value Trap. The stock's GF Value™ is 円44.05, compared to a current price of 円13.00 — trading 70.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -6,009.05%. Aqualine's overall GF Score™ is 22/100 with 10 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 Aqualine (TSE:6173), the current ROC (Joel Greenblatt) % is -6,009.05% as of Feb. 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 Aqualine (TSE:6173) Overvalued in 2026?
Based on GuruFocus' analysis, Aqualine stock appears to be undervalued.
The current stock price of 円13.00 is trading 70.5% below its estimated GF Value™ of 円44.05.
GuruFocus considers Aqualine to be Possible Value Trap.
Key valuation signals for TSE:6173:
ROC (Joel Greenblatt) %: -6,009.05%
GF Value™: 円44.05 vs. price of 円13.00 (70.5% below fair value)
No single metric tells the full story. See the TSE:6173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aqualine Ltd is engaged in the repair of water supply products. The company operates in three reportable segments. The Water-related Service Support Business provides support to franchisees, including call center operations for emergency water-related trouble repairs and response, sales and installation of water-related products, and other repair work. The Advertising Media Business sells internet advertising in the field of emergency care. The Mineral Water Business involves the sale of mineral water and the handling of water dispensers. It generates the majority of its revenue from the Water-related Service Support Business segment.
22GF Score
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