Artiza Networks (TSE:6778) ROC (Joel Greenblatt) %: 0.00% (As of Jan. 2026)

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:6778 Artiza Networks Inc TSE:6778
75 GF Score
Price 円598.00
GF Value 円557.95
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Artiza Networks ROC (Joel Greenblatt) %?

Artiza Networks TSE:6778 -0.66% 75 ROC (Joel Greenblatt) % is 0.00% as of Jan. 2026. GuruFocus rates TSE:6778 with a GF Score™ of 75/100 and a GF Value™ of 円557.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,490 Hardware companies, Artiza Networks ranks worse than 74.86% 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. Artiza Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 0.00%.

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

TSE:6778' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -51.5   Med: 16.16   Max: 104.16
Current: -6.46

During the past 13 years, Artiza Networks's highest ROC (Joel Greenblatt) % was 104.16%. The lowest was -51.50%. And the median was 16.16%.

TSE:6778's ROC (Joel Greenblatt) % is ranked worse than
74.86% of 2490 companies
in the Hardware industry
Industry Median: 10.51 vs TSE:6778: -6.46

Artiza Networks's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.70% per year.


Artiza Networks  (TSE:6778) 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.


Artiza Networks ROC (Joel Greenblatt) % Related Terms


Artiza Networks ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Artiza Networks'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.

Artiza Networks ROC (Joel Greenblatt) % Chart

Artiza Networks Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.46 104.16 16.64 3.84 15.68

Artiza Networks Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 57.67 -33.75 -60.60 0.00 55.28

TSE:6778 vs CSCO, MSI, HPE: ROC (Joel Greenblatt) % Comparison

For the Communication Equipment subindustry, Artiza Networks'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.


Artiza Networks ROC (Joel Greenblatt) % vs Hardware Industry

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

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


TSE:6778
75GF Score
Artiza Networks Inc TSE:6778
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artiza Networks 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(442.842 + 291.697 + 130.986) - (69.641 + 0 + 335.342)
=460.542

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(951.088 + 283.099 + 147.936) - (92.695 + 0 + 272.915)
=1016.513

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (600.454 + max(460.542, 0)) + (594.29 + max(1016.513, 0)) )/ 2 )
=0/( ( 1060.996 + 1610.803 )/ 2 )
=0/1335.8995
=0.00 %

Note: The EBIT data used here is four times the quarterly (Jan. 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 0.00% mean?
Artiza Networks (TSE:6778) has a ROC (Joel Greenblatt) % of 0.00% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Artiza Networks and its competitors. According to the industry distribution chart, Artiza Networks ranks #1864 out of 2490 companies in the Hardware industry, placing it in the top 74.9%.
Is Artiza Networks' ROC (Joel Greenblatt) % too high?
Artiza Networks' current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Artiza Networks ranks #1864 out of 2490 companies in the Hardware industry, which is below the industry midpoint. Overall, Artiza Networks has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Artiza Networks' ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Artiza Networks ranks #1864 out of 2490 companies for ROC (Joel Greenblatt) %. This places Artiza Networks in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.51. 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 10.51, based on 2,490 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. 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 Artiza Networks and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artiza Networks's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artiza Networks stock overvalued right now?
Based on GuruFocus' analysis, Artiza Networks (TSE:6778) is currently considered Fairly Valued. The stock's GF Value™ is 円557.95, compared to a current price of 円598.00 — trading 7.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Artiza Networks' overall GF Score™ is 75/100 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 Artiza Networks (TSE:6778), the current ROC (Joel Greenblatt) % is 0.00% as of Jan. 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 Artiza Networks (TSE:6778) Overvalued in 2026?

Based on GuruFocus' analysis, Artiza Networks stock appears to be overvalued. The current stock price of 円598.00 is trading 7.2% above its estimated GF Value™ of 円557.95. GuruFocus considers Artiza Networks to be Fairly Valued.

Key valuation signals for TSE:6778:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: 円557.95 vs. price of 円598.00 (7.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the TSE:6778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artiza Networks Business Description

Address 2-36-2, Akebono-cho, Tachikawa-shi, Tokyo, JPN, 190-0012
Artiza Networks Inc is engaged in the development and sale of network management systems for maintenance and operation management of communication measuring instruments and communication infrastructure. It is also engaged in the development and sale of various communication equipments. The company offers LTE eNodeB testing products, such as Duo SIM- advanced load testers, functional testers, and environmental simulators; hardware blades; QoE optimization and packet capture tools.
75GF Score

Get the complete analysis for TSE:6778

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

円598.00
Price
円557.95
GF Value