Teikoku Tsushin Kogyo Co (TSE:6763) ROC (Joel Greenblatt) %: 25.73% (As of Mar. 2026) — 47% Above Median

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TSE:6763 Teikoku Tsushin Kogyo Co Ltd TSE:6763
72 GF Score
Price 円2,951.00
GF Value 円2,577.74
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Teikoku Tsushin Kogyo Co ROC (Joel Greenblatt) %?

Teikoku Tsushin Kogyo Co TSE:6763 72 ROC (Joel Greenblatt) % is 25.73% as of Mar. 2026, which is 47% above its 10-year median of 17.48. GuruFocus rates TSE:6763 with a GF Score™ of 72/100 and a GF Value™ of 円2,577.74 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,066 Industrial Products companies, Teikoku Tsushin Kogyo Co ranks better than 65.23% 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. Teikoku Tsushin Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.73%.

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

TSE:6763' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4   Med: 17.48   Max: 25
Current: 19.74

During the past 13 years, Teikoku Tsushin Kogyo Co's highest ROC (Joel Greenblatt) % was 25.00%. The lowest was 4.00%. And the median was 17.48%.

TSE:6763's ROC (Joel Greenblatt) % is ranked better than
65.23% of 3066 companies
in the Industrial Products industry
Industry Median: 11.745 vs TSE:6763: 19.74

Teikoku Tsushin Kogyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.80% per year.


Teikoku Tsushin Kogyo Co  (TSE:6763) 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.


Teikoku Tsushin Kogyo Co ROC (Joel Greenblatt) % Related Terms


Teikoku Tsushin Kogyo Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Teikoku Tsushin Kogyo 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.

Teikoku Tsushin Kogyo Co ROC (Joel Greenblatt) % Chart

Teikoku Tsushin Kogyo 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 22.91 21.12 18.96 25.00 19.39

Teikoku Tsushin Kogyo 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 11.61 19.61 28.25 13.45 25.73

TSE:6763 vs VRT, BE: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Teikoku Tsushin Kogyo 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.


Teikoku Tsushin Kogyo Co ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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


TSE:6763
72GF Score
Teikoku Tsushin Kogyo Co Ltd TSE:6763
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teikoku Tsushin Kogyo 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)
=(3843.812 + 3568.649 + 1279.695) - (980.385 + 0 + 1662.482)
=6049.289

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2895.936 + 3628.804 + 1094.218) - (1077.478 + 0 + 1425.412)
=5116.068

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Teikoku Tsushin Kogyo 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 )
=2924/( ( (4447.907 + max(6049.289, 0)) + (7116.907 + max(5116.068, 0)) )/ 2 )
=2924/( ( 10497.196 + 12232.975 )/ 2 )
=2924/11365.0855
=25.73 %

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 25.73% mean?
Teikoku Tsushin Kogyo Co (TSE:6763) has a ROC (Joel Greenblatt) % of 25.73% 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 Teikoku Tsushin Kogyo Co and its competitors. This is 47% above median its historical median of 17.48. Over the past decade, Teikoku Tsushin Kogyo Co's ROC (Joel Greenblatt) % has ranged from 4.00 to 25.00. According to the industry distribution chart, Teikoku Tsushin Kogyo Co ranks #1066 out of 3066 companies in the Industrial Products industry, placing it in the top 34.8%.
Is Teikoku Tsushin Kogyo Co's ROC (Joel Greenblatt) % too high?
Teikoku Tsushin Kogyo Co's current ROC (Joel Greenblatt) % of 25.73% is 47% above median its 10-year median of 17.48. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 25.00. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.75. Teikoku Tsushin Kogyo Co's value of 25.73% is 119.1% above this industry median. Based on the distribution chart, Teikoku Tsushin Kogyo Co ranks #1066 out of 3066 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Teikoku Tsushin Kogyo Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teikoku Tsushin Kogyo Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Teikoku Tsushin Kogyo Co ranks #1066 out of 3066 companies for ROC (Joel Greenblatt) %. This puts Teikoku Tsushin Kogyo Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. Teikoku Tsushin Kogyo Co's value of 25.73% is 119.1% above this benchmark. Historically, Teikoku Tsushin Kogyo Co's own ROC (Joel Greenblatt) % has ranged from 4.00 to 25.00 over the past decade. While the company's 10-year median is 17.48 vs. the industry median of 11.75, Teikoku Tsushin Kogyo 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. Teikoku Tsushin Kogyo Co's current ROC (Joel Greenblatt) % of 25.73% is 119.1% 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 Teikoku Tsushin Kogyo 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. Teikoku Tsushin Kogyo Co's current ROC (Joel Greenblatt) % is 25.73%, which is 47% above median its own 10-year median of 17.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teikoku Tsushin Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Teikoku Tsushin Kogyo Co (TSE:6763) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,577.74, compared to a current price of 円2,951.00 — trading 14.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.73%, which is 47% above median its 10-year median of 17.48 and 119.1% above the Industrial Products industry median of 11.75. Teikoku Tsushin Kogyo Co's overall GF Score™ is 72/100 with 7 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 Teikoku Tsushin Kogyo Co (TSE:6763), the current ROC (Joel Greenblatt) % is 25.73% 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 Teikoku Tsushin Kogyo Co (TSE:6763) Overvalued in 2026?

Based on GuruFocus' analysis, Teikoku Tsushin Kogyo Co stock appears to be overvalued. The current stock price of 円2,951.00 is trading 14.5% above its estimated GF Value™ of 円2,577.74. GuruFocus considers Teikoku Tsushin Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:6763:

  • ROC (Joel Greenblatt) %: 25.73% (47% above median its 10-year median of 17.48)
  • GF Value™: 円2,577.74 vs. price of 円2,951.00 (14.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 119.1% above the Industrial Products median (#1066 of 3066)

No single metric tells the full story. See the TSE:6763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teikoku Tsushin Kogyo Co Business Description

Address 45-1 Karasuku, Nakahara-ku, Kawasaki, JPN, 211-8530
Teikoku Tsushin Kogyo Co Ltd provides various electronic parts and equipment in Japan and internationally. It offers discrete products comprising potentiometers, resistance sensors, trimmer potentiometers, switches, encoders, plugs, and fixed resistors; and integrated control box products used in automotive, gaming devices, photographic equipment, video devices, heaters, home appliances, office equipment, video recorders, medical and health devices. The two reportable segments are Electronic Components and Other. Electronic Components includes the manufacture and sale of front-end blocks, resistors, sensors, etc. Other includes machinery manufacturing and selling equipment, etc. Geographically, it operates in Japan, Asia, and North America.
72GF Score

Get the complete analysis for TSE:6763

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

円2,951.00
Price
円2,577.74
GF Value