SEMBA (TSE:6540) ROC (Joel Greenblatt) %: 36.22% (As of Jun. 2026) — 67% Below Median

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TSE:6540 SEMBA Corp TSE:6540
78 GF Score
Price 円1,521.00
GF Value 円1,649.07
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is SEMBA ROC (Joel Greenblatt) %?

SEMBA TSE:6540 -0.98% 78 ROC (Joel Greenblatt) % is 36.22% as of Jun. 2026, which is 67% below its 10-year median of 108.14. GuruFocus rates TSE:6540 with a GF Score™ of 78/100 and a GF Value™ of 円1,649.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,787 Construction companies, SEMBA ranks better than 80.47% 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. SEMBA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 36.22%.

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

TSE:6540' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.68   Med: 108.14   Max: 185.95
Current: 61.43

During the past 12 years, SEMBA's highest ROC (Joel Greenblatt) % was 185.95%. The lowest was 28.68%. And the median was 108.14%.

TSE:6540's ROC (Joel Greenblatt) % is ranked better than
80.47% of 1787 companies
in the Construction industry
Industry Median: 19.37 vs TSE:6540: 61.43

SEMBA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.10% per year.


SEMBA  (TSE:6540) 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.


SEMBA ROC (Joel Greenblatt) % Related Terms


SEMBA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SEMBA'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.

SEMBA ROC (Joel Greenblatt) % Chart

SEMBA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.18 96.44 106.53 158.71 109.74

SEMBA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 74.99 28.23 101.70 46.20 36.22

TSE:6540 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, SEMBA'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.


SEMBA ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, SEMBA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:6540
78GF Score
SEMBA Corp TSE:6540
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEMBA 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7325.863 + 1178.794 + 1501.577) - (3660.258 + 0 + 3280.498)
=3065.478

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3246.685 + 1441.425 + 1655.755) - (3556.759 + 0 + 3559.702)
=-772.596

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SEMBA for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=794.78/( ( (585.563 + max(3065.478, 0)) + (737.858 + max(-772.596, 0)) )/ 2 )
=794.78/( ( 3651.041 + 737.858 )/ 2 )
=794.78/2194.4495
=36.22 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 36.22% mean?
SEMBA (TSE:6540) has a ROC (Joel Greenblatt) % of 36.22% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SEMBA and its competitors. This is 67% below median its historical median of 108.14. Over the past decade, SEMBA's ROC (Joel Greenblatt) % has ranged from 28.68 to 185.95. According to the industry distribution chart, SEMBA ranks #349 out of 1787 companies in the Construction industry, placing it in the top 19.5%.
Is SEMBA's ROC (Joel Greenblatt) % too high?
SEMBA's current ROC (Joel Greenblatt) % of 36.22% is 67% below median its 10-year median of 108.14. Over the past 10 years, this metric has ranged from a low of 28.68 to a high of 185.95. The Construction industry median ROC (Joel Greenblatt) % is 19.37. SEMBA's value of 36.22% is 87% above this industry median. Based on the distribution chart, SEMBA ranks #349 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, SEMBA has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SEMBA's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, SEMBA ranks #349 out of 1787 companies for ROC (Joel Greenblatt) %. This places SEMBA in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.37. SEMBA's value of 36.22% is 87% above this benchmark. Historically, SEMBA's own ROC (Joel Greenblatt) % has ranged from 28.68 to 185.95 over the past decade. While the company's 10-year median is 108.14 vs. the industry median of 19.37, SEMBA 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.37, based on 1,787 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. SEMBA's current ROC (Joel Greenblatt) % of 36.22% is 87% 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 SEMBA and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEMBA's current ROC (Joel Greenblatt) % is 36.22%, which is 67% below median its own 10-year median of 108.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEMBA stock overvalued right now?
Based on GuruFocus' analysis, SEMBA (TSE:6540) is currently considered Fairly Valued. The stock's GF Value™ is 円1,649.07, compared to a current price of 円1,521.00 — trading 7.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.22%, which is 67% below median its 10-year median of 108.14 and 87% above the Construction industry median of 19.37. SEMBA's overall GF Score™ is 78/100 with 3 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 SEMBA (TSE:6540), the current ROC (Joel Greenblatt) % is 36.22% as of Jun. 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 SEMBA (TSE:6540) Overvalued in 2026?

Based on GuruFocus' analysis, SEMBA stock appears to be undervalued. The current stock price of 円1,521.00 is trading 7.8% below its estimated GF Value™ of 円1,649.07. GuruFocus considers SEMBA to be Fairly Valued.

Key valuation signals for TSE:6540:

  • ROC (Joel Greenblatt) %: 36.22% (67% below median its 10-year median of 108.14)
  • GF Value™: 円1,649.07 vs. price of 円1,521.00 (7.8% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 87% above the Construction median (#349 of 1787)

No single metric tells the full story. See the TSE:6540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEMBA Business Description

Address 1-2-3 Shibaura, 9th Floor, Seavans South Building, Minato-ku, Tokyo, JPN, 105-0023
SEMBA Corp provides interior construction services. The company offers administration, operation, and sales promotion for commercial space, market research, and general construction services. Semba serves customers in Japan. The Company is involved in market research and analysis, commercial facilities management and operation, sales promotion, designing, manufacturing, and selling of display tools, general construction business, and other related business activities.
78GF Score

Get the complete analysis for TSE:6540

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

円1,521.00
Price
円1,649.07
GF Value