Ishikawa Seisakusho (TSE:6208) ROC (Joel Greenblatt) %: 12.31% (As of Mar. 2026) — 186% Above Median

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TSE:6208 Ishikawa Seisakusho Ltd TSE:6208
70 GF Score
Price 円1,715.00
GF Value 円2,006.93
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ishikawa Seisakusho ROC (Joel Greenblatt) %?

Ishikawa Seisakusho TSE:6208 +2.88% 70 ROC (Joel Greenblatt) % is 12.31% as of Mar. 2026, which is 186% above its 10-year median of 4.31. GuruFocus rates TSE:6208 with a GF Score™ of 70/100 and a GF Value™ of 円2,006.93 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,062 Industrial Products companies, Ishikawa Seisakusho ranks worse than 53.82% 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. Ishikawa Seisakusho's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.31%.

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

TSE:6208' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.52   Med: 4.31   Max: 12.4
Current: 9.98

During the past 13 years, Ishikawa Seisakusho's highest ROC (Joel Greenblatt) % was 12.40%. The lowest was 2.52%. And the median was 4.31%.

TSE:6208's ROC (Joel Greenblatt) % is ranked worse than
53.82% of 3062 companies
in the Industrial Products industry
Industry Median: 11.595 vs TSE:6208: 9.98

Ishikawa Seisakusho's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 37.60% per year.


Ishikawa Seisakusho  (TSE:6208) 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.


Ishikawa Seisakusho ROC (Joel Greenblatt) % Related Terms


Ishikawa Seisakusho ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ishikawa Seisakusho'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.

Ishikawa Seisakusho ROC (Joel Greenblatt) % Chart

Ishikawa Seisakusho 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 3.28 4.44 4.39 9.56 12.40

Ishikawa Seisakusho 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 5.44 7.17 7.65 5.47 12.31

TSE:6208 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Ishikawa Seisakusho'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.


Ishikawa Seisakusho ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ishikawa Seisakusho's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:6208
70GF Score
Ishikawa Seisakusho Ltd TSE:6208
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishikawa Seisakusho 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)
=(11732.279 + 5783.825 + 301.294) - (3321.865 + 0 + 1016.206)
=13479.327

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8571.427 + 5239.127 + 393.547) - (4508.828 + 0 + 1671.964)
=8023.309

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ishikawa Seisakusho 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 )
=1693.68/( ( (2959.136 + max(13479.327, 0)) + (3050.656 + max(8023.309, 0)) )/ 2 )
=1693.68/( ( 16438.463 + 11073.965 )/ 2 )
=1693.68/13756.214
=12.31 %

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 12.31% mean?
Ishikawa Seisakusho (TSE:6208) has a ROC (Joel Greenblatt) % of 12.31% 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 Ishikawa Seisakusho and its competitors. This is 186% above median its historical median of 4.31. Over the past decade, Ishikawa Seisakusho's ROC (Joel Greenblatt) % has ranged from 2.52 to 12.40. According to the industry distribution chart, Ishikawa Seisakusho ranks #1648 out of 3062 companies in the Industrial Products industry, placing it in the top 53.8%.
Is Ishikawa Seisakusho's ROC (Joel Greenblatt) % too high?
Ishikawa Seisakusho's current ROC (Joel Greenblatt) % of 12.31% is 186% above median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 12.40. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.60. Ishikawa Seisakusho's value of 12.31% is 6.2% above this industry median. Based on the distribution chart, Ishikawa Seisakusho ranks #1648 out of 3062 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ishikawa Seisakusho has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ishikawa Seisakusho's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ishikawa Seisakusho ranks #1648 out of 3062 companies for ROC (Joel Greenblatt) %. This places Ishikawa Seisakusho in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.60. Ishikawa Seisakusho's value of 12.31% is 6.2% above this benchmark. Historically, Ishikawa Seisakusho's own ROC (Joel Greenblatt) % has ranged from 2.52 to 12.40 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 11.60, Ishikawa Seisakusho 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.60, based on 3,062 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. Ishikawa Seisakusho's current ROC (Joel Greenblatt) % of 12.31% is 6.2% 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 Ishikawa Seisakusho and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishikawa Seisakusho's current ROC (Joel Greenblatt) % is 12.31%, which is 186% above median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishikawa Seisakusho stock overvalued right now?
Based on GuruFocus' analysis, Ishikawa Seisakusho (TSE:6208) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,006.93, compared to a current price of 円1,715.00 — trading 14.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.31%, which is 186% above median its 10-year median of 4.31 and 6.2% above the Industrial Products industry median of 11.60. Ishikawa Seisakusho's overall GF Score™ is 70/100 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 Ishikawa Seisakusho (TSE:6208), the current ROC (Joel Greenblatt) % is 12.31% 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 Ishikawa Seisakusho (TSE:6208) Overvalued in 2026?

Based on GuruFocus' analysis, Ishikawa Seisakusho stock appears to be undervalued. The current stock price of 円1,715.00 is trading 14.5% below its estimated GF Value™ of 円2,006.93. GuruFocus considers Ishikawa Seisakusho to be Modestly Undervalued.

Key valuation signals for TSE:6208:

  • ROC (Joel Greenblatt) %: 12.31% (186% above median its 10-year median of 4.31)
  • GF Value™: 円2,006.93 vs. price of 円1,715.00 (14.5% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 6.2% above the Industrial Products median (#1648 of 3062)

No single metric tells the full story. See the TSE:6208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishikawa Seisakusho Business Description

Address 200 Fukudome-cho, Ishikawa Prefecture, Hakusan City, JPN, 924-0051
Ishikawa Seisakusho Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sale of various machines and equipment. Products offered by the company include a paper processing machine, cardboard box printing machine, textile machine system equipment, high-speed micro chip appearance inspection equipment, and defense equipment.
70GF Score

Get the complete analysis for TSE:6208

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

円1,715.00
Price
円2,006.93
GF Value