Takatori (TSE:6338) ROC (Joel Greenblatt) %: 9.20% (As of Mar. 2026) — 25% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6338 Takatori Corp TSE:6338
77 GF Score
Price 円1,532.00
GF Value 円1,177.73
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Takatori ROC (Joel Greenblatt) %?

Takatori TSE:6338 +1.19% 77 ROC (Joel Greenblatt) % is 9.20% as of Mar. 2026, which is 25% below its 10-year median of 12.33. GuruFocus rates TSE:6338 with a GF Score™ of 77/100 and a GF Value™ of 円1,177.73 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,027 Semiconductors companies, Takatori ranks worse than 57.16% 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. Takatori's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.20%.

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

TSE:6338' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.53   Med: 12.33   Max: 59.16
Current: 4.73

During the past 13 years, Takatori's highest ROC (Joel Greenblatt) % was 59.16%. The lowest was -1.53%. And the median was 12.33%.

TSE:6338's ROC (Joel Greenblatt) % is ranked worse than
57.16% of 1027 companies
in the Semiconductors industry
Industry Median: 8.61 vs TSE:6338: 4.73

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


Takatori  (TSE:6338) 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.


Takatori ROC (Joel Greenblatt) % Related Terms


Takatori ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Takatori'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.

Takatori ROC (Joel Greenblatt) % Chart

Takatori Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.21 39.16 59.16 49.52 11.45

Takatori Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.14 -4.91 22.16 -7.68 9.20

TSE:6338 vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Takatori'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.


Takatori ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Takatori's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:6338
77GF Score
Takatori Corp TSE:6338
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takatori 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1392.516 + 5509.079 + 562.722) - (444.022 + 0 + 932.217)
=6088.078

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1638.824 + 5417.51 + 392.368) - (438.436 + 0 + 937.527)
=6072.739

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Takatori 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=727.316/( ( (1839.421 + max(6088.078, 0)) + (1813.424 + max(6072.739, 0)) )/ 2 )
=727.316/( ( 7927.499 + 7886.163 )/ 2 )
=727.316/7906.831
=9.20 %

Note: The EBIT data used here is four times the quarterly (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 9.20% mean?
Takatori (TSE:6338) has a ROC (Joel Greenblatt) % of 9.20% 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 Takatori and its competitors. This is 25% below median its historical median of 12.33. According to the industry distribution chart, Takatori ranks #587 out of 1027 companies in the Semiconductors industry, placing it in the top 57.2%.
Is Takatori's ROC (Joel Greenblatt) % too high?
Takatori's current ROC (Joel Greenblatt) % of 9.20% is 25% below median its 10-year median of 12.33. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.61. Takatori's value of 9.20% is 6.9% above this industry median. Based on the distribution chart, Takatori ranks #587 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Takatori has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takatori's ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Takatori ranks #587 out of 1027 companies for ROC (Joel Greenblatt) %. This places Takatori in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.61. Takatori's value of 9.20% is 6.9% above this benchmark. While the company's 10-year median is 12.33 vs. the industry median of 8.61, Takatori 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 a Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.61, based on 1,027 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. Takatori's current ROC (Joel Greenblatt) % of 9.20% is 6.9% 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 Takatori and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takatori's current ROC (Joel Greenblatt) % is 9.20%, which is 25% below median its own 10-year median of 12.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takatori stock overvalued right now?
Based on GuruFocus' analysis, Takatori (TSE:6338) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,177.73, compared to a current price of 円1,532.00 — trading 30.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.20%, which is 25% below median its 10-year median of 12.33 and 6.9% above the Semiconductors industry median of 8.61. Takatori's overall GF Score™ is 77/100 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 Takatori (TSE:6338), the current ROC (Joel Greenblatt) % is 9.20% 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 Takatori (TSE:6338) Overvalued in 2026?

Based on GuruFocus' analysis, Takatori stock appears to be overvalued. The current stock price of 円1,532.00 is trading 30.1% above its estimated GF Value™ of 円1,177.73. GuruFocus considers Takatori to be Modestly Overvalued.

Key valuation signals for TSE:6338:

  • ROC (Joel Greenblatt) %: 9.20% (25% below median its 10-year median of 12.33)
  • GF Value™: 円1,177.73 vs. price of 円1,532.00 (30.1% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 6.9% above the Semiconductors median (#587 of 1027)

No single metric tells the full story. See the TSE:6338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takatori Business Description

Address 313-1 Shindo-cho, Nara, Kashihara, JPN, 634-8580
Takatori Corp is engaged in tthe development, manufacture, and sale of electronic devices, textile devices, and medical devices. Its products include semiconductor-related equipment, LCD panel-related equipment, Multiwire saws and textile machinery, medical devices. Its medical device includes T-CART (Cell-free and Concentrated Ascites Reinfusion Therapy) device. The Group is comprised of product segments, including the Electronic Equipment Business, the Textile Equipment Business, and the Medical Equipment Business.
77GF Score

Get the complete analysis for TSE:6338

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

円1,532.00
Price
円1,177.73
GF Value