Seibu Giken Co (TSE:6223) ROC (Joel Greenblatt) %: 31.63% (As of Dec. 2025) — 22% Above Median

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TSE:6223 Seibu Giken Co Ltd TSE:6223
20 GF Score
Price 円2,084.00
! 2 Warning Signs
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What is Seibu Giken Co ROC (Joel Greenblatt) %?

Seibu Giken Co TSE:6223 -2.71% 20 ROC (Joel Greenblatt) % is 31.63% as of Dec. 2025, which is 22% above its 10-year median of 25.92. GuruFocus rates TSE:6223 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 3,062 Industrial Products companies, Seibu Giken Co ranks better than 56.34% 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. Seibu Giken Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 31.63%.

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

TSE:6223' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.74   Med: 25.92   Max: 39.74
Current: 14.74

During the past 5 years, Seibu Giken Co's highest ROC (Joel Greenblatt) % was 39.74%. The lowest was 14.74%. And the median was 25.92%.

TSE:6223's ROC (Joel Greenblatt) % is ranked better than
56.34% of 3062 companies
in the Industrial Products industry
Industry Median: 11.585 vs TSE:6223: 14.74

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


Seibu Giken Co  (TSE:6223) 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.


Seibu Giken Co ROC (Joel Greenblatt) % Related Terms


Seibu Giken Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Seibu Giken 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.

Seibu Giken Co ROC (Joel Greenblatt) % Chart

Seibu Giken Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
19.18 39.74 28.75 25.34 25.92

Seibu Giken Co Quarterly Data
Dec21 Dec22 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 28.70 17.86 29.07 31.63 36.30

TSE:6223 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Seibu Giken 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.


Seibu Giken Co ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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


TSE:6223
20GF Score
Seibu Giken Co Ltd TSE:6223
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Seibu Giken 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)
=(7565 + 8162 + 1775) - (2656 + 0 + 10965)
=3881

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9327 + 5434 + 2941) - (2856 + 0 + 8621)
=6225

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Seibu Giken Co 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 )
=5852/( ( (13129 + max(3881, 0)) + (13766 + max(6225, 0)) )/ 2 )
=5852/( ( 17010 + 19991 )/ 2 )
=5852/18500.5
=31.63 %

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 31.63% mean?
Seibu Giken Co (TSE:6223) has a ROC (Joel Greenblatt) % of 31.63% 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 Seibu Giken Co and its competitors. This is 22% above median its historical median of 25.92. Over the past decade, Seibu Giken Co's ROC (Joel Greenblatt) % has ranged from 14.74 to 39.74. According to the industry distribution chart, Seibu Giken Co ranks #1337 out of 3062 companies in the Industrial Products industry, placing it in the top 43.7%.
Is Seibu Giken Co's ROC (Joel Greenblatt) % too high?
Seibu Giken Co's current ROC (Joel Greenblatt) % of 31.63% is 22% above median its 10-year median of 25.92. Over the past 10 years, this metric has ranged from a low of 14.74 to a high of 39.74. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.59. Seibu Giken Co's value of 31.63% is 173% above this industry median. Based on the distribution chart, Seibu Giken Co ranks #1337 out of 3062 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Seibu Giken Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Seibu Giken Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Seibu Giken Co ranks #1337 out of 3062 companies for ROC (Joel Greenblatt) %. This puts Seibu Giken Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.59. Seibu Giken Co's value of 31.63% is 173% above this benchmark. Historically, Seibu Giken Co's own ROC (Joel Greenblatt) % has ranged from 14.74 to 39.74 over the past decade. While the company's 10-year median is 25.92 vs. the industry median of 11.59, Seibu Giken 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.59, 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. Seibu Giken Co's current ROC (Joel Greenblatt) % of 31.63% is 173% 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 Seibu Giken Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seibu Giken Co's current ROC (Joel Greenblatt) % is 31.63%, which is 22% above median its own 10-year median of 25.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seibu Giken Co stock overvalued right now?
Seibu Giken Co (TSE:6223) has a current ROC (Joel Greenblatt) % of 31.63%. The current ROC (Joel Greenblatt) % is 31.63%, which is 22% above median its 10-year median of 25.92 and 173% above the Industrial Products industry median of 11.59. Seibu Giken Co's overall GF Score™ is 20/100 with 2 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 Seibu Giken Co (TSE:6223), the current ROC (Joel Greenblatt) % is 31.63% 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.

Seibu Giken Co Business Description

Other Exchanges 6ZV:Germany
Address 3108-3 Aoyagi, Koga-shi, Fukuoka, JPN, 811-3134
Seibu Giken Co Ltd is engaged in the manufacture, sale, and installation of desiccant dehumidifiers, VOC concentrators, and related products. It utilizes desiccant (adsorption) technology, in which moisture in the air is adsorbed by hygroscopic materials such as silica gel or zeolite within a honeycomb structure. The company provides services ranging from development, design, manufacturing, and installation to after-sales maintenance and replacement, addressing air quality needs such as drying, cleaning, energy-saving ventilation, and removal of harmful substances from exhaust gases. It operates in Japan, Korea, Poland, and other parts of Europe.
20GF Score

Get the complete analysis for TSE:6223

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

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