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Riso KagakuTSE:6413 -1.04%64 ROC (Joel Greenblatt) % is 14.72% as of Mar. 2026, which is 26% above its 10-year median of 11.64. GuruFocus rates TSE:6413 with a GF Score™ of 64/100 and a GF Value™ of 円1,315.65 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,491 Hardware companies, Riso Kagaku ranks better than 60.78% 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. Riso Kagaku's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.72%.
The historical rank and industry rank for Riso Kagaku's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6413'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.46 Med: 11.64 Max: 18.55
Current: 16.11
During the past 13 years, Riso Kagaku's highest ROC (Joel Greenblatt) % was 18.55%. The lowest was 4.46%. And the median was 11.64%.
TSE:6413's ROC (Joel Greenblatt) % is ranked better than 60.78% of 2491
companies
in the Hardware industry
Industry Median: 10.49
vs TSE:6413: 16.11
Riso Kagaku's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.70% 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.
Riso Kagaku ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Riso Kagaku'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:6413 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Riso Kagaku'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.
Riso Kagaku ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Riso Kagaku's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Riso Kagaku'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 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 14.72% mean?
Riso Kagaku (TSE:6413) has a ROC (Joel Greenblatt) % of 14.72% 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 Riso Kagaku and its competitors. This is 26% above median its historical median of 11.64. Over the past decade, Riso Kagaku's ROC (Joel Greenblatt) % has ranged from 4.46 to 18.55. According to the industry distribution chart, Riso Kagaku ranks #977 out of 2491 companies in the Hardware industry, placing it in the top 39.2%.
Is Riso Kagaku's ROC (Joel Greenblatt) % too high?
Riso Kagaku's current ROC (Joel Greenblatt) % of 14.72% is 26% above median its 10-year median of 11.64. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 18.55. The Hardware industry median ROC (Joel Greenblatt) % is 10.49. Riso Kagaku's value of 14.72% is 40.3% above this industry median. Based on the distribution chart, Riso Kagaku ranks #977 out of 2491 companies in the Hardware industry, which is above the industry midpoint. Overall, Riso Kagaku has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riso Kagaku's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Riso Kagaku ranks #977 out of 2491 companies for ROC (Joel Greenblatt) %. This puts Riso Kagaku in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.49. Riso Kagaku's value of 14.72% is 40.3% above this benchmark. Historically, Riso Kagaku's own ROC (Joel Greenblatt) % has ranged from 4.46 to 18.55 over the past decade. While the company's 10-year median is 11.64 vs. the industry median of 10.49, Riso Kagaku 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.49, based on 2,491 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. Riso Kagaku's current ROC (Joel Greenblatt) % of 14.72% is 40.3% 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 Riso Kagaku and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riso Kagaku's current ROC (Joel Greenblatt) % is 14.72%, which is 26% above median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riso Kagaku stock overvalued right now?
Based on GuruFocus' analysis, Riso Kagaku (TSE:6413) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,315.65, compared to a current price of 円1,050.00 — trading 20.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.72%, which is 26% above median its 10-year median of 11.64 and 40.3% above the Hardware industry median of 10.49. Riso Kagaku's overall GF Score™ is 64/100 with 1 warning sign 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 Riso Kagaku (TSE:6413), the current ROC (Joel Greenblatt) % is 14.72% 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 Riso Kagaku (TSE:6413) Overvalued in 2026?
Based on GuruFocus' analysis, Riso Kagaku stock appears to be undervalued.
The current stock price of 円1,050.00 is trading 20.2% below its estimated GF Value™ of 円1,315.65.
GuruFocus considers Riso Kagaku to be Modestly Undervalued.
Key valuation signals for TSE:6413:
ROC (Joel Greenblatt) %: 14.72% (26% above median its 10-year median of 11.64)
GF Value™: 円1,315.65 vs. price of 円1,050.00 (20.2% below fair value)
Industry Position: 40.3% above the Hardware median (#977 of 2491)
No single metric tells the full story. See the TSE:6413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.
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