SEIKOH GIKEN Co (TSE:6834) ROC (Joel Greenblatt) %: 88.80% (As of Mar. 2026) — 629% Above Median

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TSE:6834 SEIKOH GIKEN Co Ltd TSE:6834
77 GF Score
Price 円18,770.00
GF Value 円6,822.33
Valuation Significantly Overvalued
View Full Analysis

What is SEIKOH GIKEN Co ROC (Joel Greenblatt) %?

SEIKOH GIKEN Co TSE:6834 +15.86% 77 ROC (Joel Greenblatt) % is 88.80% as of Mar. 2026, which is 629% above its 10-year median of 12.18. GuruFocus rates TSE:6834 with a GF Score™ of 77/100 and a GF Value™ of 円6,822.33 (Significantly Overvalued). Among 2,491 Hardware companies, SEIKOH GIKEN Co ranks better than 89.12% 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. SEIKOH GIKEN Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 88.80%.

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

TSE:6834' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.04   Med: 12.18   Max: 57.89
Current: 57.24

During the past 13 years, SEIKOH GIKEN Co's highest ROC (Joel Greenblatt) % was 57.89%. The lowest was 8.04%. And the median was 12.18%.

TSE:6834's ROC (Joel Greenblatt) % is ranked better than
89.12% of 2491 companies
in the Hardware industry
Industry Median: 10.49 vs TSE:6834: 57.24

SEIKOH GIKEN Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 31.10% per year.


SEIKOH GIKEN Co  (TSE:6834) 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.


SEIKOH GIKEN Co ROC (Joel Greenblatt) % Related Terms


SEIKOH GIKEN Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SEIKOH GIKEN 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.

SEIKOH GIKEN Co ROC (Joel Greenblatt) % Chart

SEIKOH GIKEN 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 12.64 10.70 8.04 22.91 57.89

SEIKOH GIKEN Co 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 39.07 34.88 45.04 55.99 88.80

TSE:6834 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison

For the Electronic Components subindustry, SEIKOH GIKEN 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.


SEIKOH GIKEN Co ROC (Joel Greenblatt) % vs Hardware Industry

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

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


TSE:6834
77GF Score
SEIKOH GIKEN Co Ltd TSE:6834
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEIKOH GIKEN 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6217.792 + 4529.138 + 1523.443) - (2642.988 + 0 + 2532.767)
=7094.618

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6719.912 + 4997 + 1125.328) - (3239.547 + 0 + 3017.552)
=6585.141

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SEIKOH GIKEN 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13579.452/( ( (8341.272 + max(7094.618, 0)) + (8563.969 + max(6585.141, 0)) )/ 2 )
=13579.452/( ( 15435.89 + 15149.11 )/ 2 )
=13579.452/15292.5
=88.80 %

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 88.80% mean?
SEIKOH GIKEN Co (TSE:6834) has a ROC (Joel Greenblatt) % of 88.80% 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 SEIKOH GIKEN Co and its competitors. This is 629% above median its historical median of 12.18. Over the past decade, SEIKOH GIKEN Co's ROC (Joel Greenblatt) % has ranged from 8.04 to 57.89. According to the industry distribution chart, SEIKOH GIKEN Co ranks #271 out of 2491 companies in the Hardware industry, placing it in the top 10.9%.
Is SEIKOH GIKEN Co's ROC (Joel Greenblatt) % too high?
SEIKOH GIKEN Co's current ROC (Joel Greenblatt) % of 88.80% is 629% above median its 10-year median of 12.18. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 57.89. The Hardware industry median ROC (Joel Greenblatt) % is 10.49. SEIKOH GIKEN Co's value of 88.80% is 746.5% above this industry median. Based on the distribution chart, SEIKOH GIKEN Co ranks #271 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, SEIKOH GIKEN Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEIKOH GIKEN Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, SEIKOH GIKEN Co ranks #271 out of 2491 companies for ROC (Joel Greenblatt) %. This places SEIKOH GIKEN Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.49. SEIKOH GIKEN Co's value of 88.80% is 746.5% above this benchmark. Historically, SEIKOH GIKEN Co's own ROC (Joel Greenblatt) % has ranged from 8.04 to 57.89 over the past decade. While the company's 10-year median is 12.18 vs. the industry median of 10.49, SEIKOH GIKEN 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 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. SEIKOH GIKEN Co's current ROC (Joel Greenblatt) % of 88.80% is 746.5% 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 SEIKOH GIKEN Co 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. SEIKOH GIKEN Co's current ROC (Joel Greenblatt) % is 88.80%, which is 629% above median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEIKOH GIKEN Co stock overvalued right now?
Based on GuruFocus' analysis, SEIKOH GIKEN Co (TSE:6834) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,822.33, compared to a current price of 円18,770.00 — trading 175.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 88.80%, which is 629% above median its 10-year median of 12.18 and 746.5% above the Hardware industry median of 10.49. SEIKOH GIKEN Co's overall GF Score™ is 77/100. 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 SEIKOH GIKEN Co (TSE:6834), the current ROC (Joel Greenblatt) % is 88.80% 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 SEIKOH GIKEN Co (TSE:6834) Overvalued in 2026?

Based on GuruFocus' analysis, SEIKOH GIKEN Co stock appears to be overvalued. The current stock price of 円18,770.00 is trading 175.1% above its estimated GF Value™ of 円6,822.33. GuruFocus considers SEIKOH GIKEN Co to be Significantly Overvalued.

Key valuation signals for TSE:6834:

  • ROC (Joel Greenblatt) %: 88.80% (629% above median its 10-year median of 12.18)
  • GF Value™: 円6,822.33 vs. price of 円18,770.00 (175.1% above fair value)
  • GF Score™: 77/100
  • Industry Position: 746.5% above the Hardware median (#271 of 2491)

No single metric tells the full story. See the TSE:6834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEIKOH GIKEN Co Business Description

Address 296-1, Matsuhidai, Chiba, JPN
SEIKOH GIKEN Co Ltd is a Japanese based company. Along with its subsidiaries, the firm manufactures and sales electronic devices used for optical fibers. Its products include precision mold, optical disc molds, injection molded components, connector, ferrule, adaptor, crimping tool, optical packaging parts, an interferometer, field use equipment, infrared lens processing, optical probe head, spray nozzle, among others.
77GF Score

Get the complete analysis for TSE:6834

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

円18,770.00
Price
円6,822.33
GF Value