Iwaki Co (TSE:6237) ROC (Joel Greenblatt) %: 24.77% (As of Mar. 2026) — Near Median

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TSE:6237 Iwaki Co Ltd TSE:6237
83 GF Score
Price 円5,140.00
GF Value 円2,710.05
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Iwaki Co ROC (Joel Greenblatt) %?

Iwaki Co TSE:6237 +3.01% 83 ROC (Joel Greenblatt) % is 24.77% as of Mar. 2026, which is 2% above its 10-year median of 24.33. GuruFocus rates TSE:6237 with a GF Score™ of 83/100 and a GF Value™ of 円2,710.05 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,066 Industrial Products companies, Iwaki Co ranks better than 72.37% 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. Iwaki Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.77%.

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

TSE:6237' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.21   Med: 24.33   Max: 31.53
Current: 24.47

During the past 11 years, Iwaki Co's highest ROC (Joel Greenblatt) % was 31.53%. The lowest was 18.21%. And the median was 24.33%.

TSE:6237's ROC (Joel Greenblatt) % is ranked better than
72.37% of 3066 companies
in the Industrial Products industry
Industry Median: 11.745 vs TSE:6237: 24.47

Iwaki Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.40% per year.


Iwaki Co  (TSE:6237) 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.


Iwaki Co ROC (Joel Greenblatt) % Related Terms


Iwaki Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Iwaki 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.

Iwaki Co ROC (Joel Greenblatt) % Chart

Iwaki 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 21.42 31.29 31.53 27.12 24.39

Iwaki 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 28.81 26.78 26.73 24.23 24.77

TSE:6237 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Iwaki 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.


Iwaki Co ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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


TSE:6237
83GF Score
Iwaki Co Ltd TSE:6237
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iwaki 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)
=(7680.329 + 13382.325 + 5811.692) - (2534.801 + 0 + 6036.056)
=18303.489

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8702.856 + 12926.59 + 6236.591) - (2810.679 + 0 + 4975.709)
=20079.649

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Iwaki 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 )
=7096.432/( ( (9442.851 + max(18303.489, 0)) + (9469.219 + max(20079.649, 0)) )/ 2 )
=7096.432/( ( 27746.34 + 29548.868 )/ 2 )
=7096.432/28647.604
=24.77 %

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 24.77% mean?
Iwaki Co (TSE:6237) has a ROC (Joel Greenblatt) % of 24.77% 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 Iwaki Co and its competitors. This is near median its historical median of 24.33. Over the past decade, Iwaki Co's ROC (Joel Greenblatt) % has ranged from 18.21 to 31.53. According to the industry distribution chart, Iwaki Co ranks #847 out of 3066 companies in the Industrial Products industry, placing it in the top 27.6%.
Is Iwaki Co's ROC (Joel Greenblatt) % too high?
Iwaki Co's current ROC (Joel Greenblatt) % of 24.77% is near median its 10-year median of 24.33. Over the past 10 years, this metric has ranged from a low of 18.21 to a high of 31.53. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. Iwaki Co's value of 24.77% is 110.9% above this industry median. Based on the distribution chart, Iwaki Co ranks #847 out of 3066 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Iwaki Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iwaki Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Iwaki Co ranks #847 out of 3066 companies for ROC (Joel Greenblatt) %. This puts Iwaki Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. Iwaki Co's value of 24.77% is 110.9% above this benchmark. Historically, Iwaki Co's own ROC (Joel Greenblatt) % has ranged from 18.21 to 31.53 over the past decade. While the company's 10-year median is 24.33 vs. the industry median of 11.75, Iwaki 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 11.75, based on 3,066 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. Iwaki Co's current ROC (Joel Greenblatt) % of 24.77% is 110.9% 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 Iwaki Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iwaki Co's current ROC (Joel Greenblatt) % is 24.77%, which is near median its own 10-year median of 24.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iwaki Co stock overvalued right now?
Based on GuruFocus' analysis, Iwaki Co (TSE:6237) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,710.05, compared to a current price of 円5,140.00 — trading 89.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 24.77%, which is near median its 10-year median of 24.33 and 110.9% above the Industrial Products industry median of 11.75. Iwaki Co's overall GF Score™ is 83/100 with 8 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 Iwaki Co (TSE:6237), the current ROC (Joel Greenblatt) % is 24.77% 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 Iwaki Co (TSE:6237) Overvalued in 2026?

Based on GuruFocus' analysis, Iwaki Co stock appears to be overvalued. The current stock price of 円5,140.00 is trading 89.7% above its estimated GF Value™ of 円2,710.05. GuruFocus considers Iwaki Co to be Significantly Overvalued.

Key valuation signals for TSE:6237:

  • ROC (Joel Greenblatt) %: 24.77% (near median its 10-year median of 24.33)
  • GF Value™: 円2,710.05 vs. price of 円5,140.00 (89.7% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 110.9% above the Industrial Products median (#847 of 3066)

No single metric tells the full story. See the TSE:6237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iwaki Co Business Description

Address 2-6-6, Kanda Suda-cho, Chiyoda-ku, Tokyo, JPN, 101-8558
Iwaki Co Ltd engages in the development, production, and sale of various types of fluid control products and pumps, including the chemical pump. The company offers magnetic drive pumps and related accessories; metering pumps, including motor-driven and electromagnetic metering pumps; and pneumatic drive pumps, such as pneumatic drive bellows, drive dispensers, and chemical replenishing pumps, as well as related accessories. It also provides rotary displacement pumps comprising hi-cera, magnetic drive gear, chemical gear, and screw pumps; air pumps consisting of gas-liquid transfer pumps, and diaphragm and bellows type air pumps; and turbine pumps that include non-metal magnetic and magnetic drive turbine pumps. In addition, the company offers water quality control devices.
83GF Score

Get the complete analysis for TSE:6237

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

円5,140.00
Price
円2,710.05
GF Value