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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. Plat'Home Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.03%.
The historical rank and industry rank for Plat'Home Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6836'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -89.72 Med: -46.77 Max: 7.26
Current: 7.26
During the past 13 years, Plat'Home Co's highest ROC (Joel Greenblatt) % was 7.26%. The lowest was -89.72%. And the median was -46.77%.
TSE:6836's ROC (Joel Greenblatt) % is ranked worse than 56.28% of 2491
companies
in the Hardware industry
Industry Median: 10.49
vs TSE:6836: 7.26
Plat'Home Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Plat'Home Co (TSE:6836) 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.
Plat'Home Co ROC (Joel Greenblatt) % Related Terms
Plat'Home Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Plat'Home 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.
TSE:6836 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison
For the Computer Hardware subindustry, Plat'Home 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.
Plat'Home Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Plat'Home Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Plat'Home Co'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 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 -5.03% mean?
Plat'Home Co (TSE:6836) has a ROC (Joel Greenblatt) % of -5.03% 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 Plat'Home Co and its competitors. According to the industry distribution chart, Plat'Home Co ranks #1402 out of 2491 companies in the Hardware industry, placing it in the top 56.3%.
Is Plat'Home Co's ROC (Joel Greenblatt) % too high?
Plat'Home Co's current ROC (Joel Greenblatt) % is -5.03%. Based on the distribution chart, Plat'Home Co ranks #1402 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, Plat'Home Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plat'Home Co's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Plat'Home Co ranks #1402 out of 2491 companies for ROC (Joel Greenblatt) %. This places Plat'Home Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.49. 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. 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 Plat'Home 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. Plat'Home Co's current ROC (Joel Greenblatt) % is -5.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plat'Home Co stock overvalued right now?
Based on GuruFocus' analysis, Plat'Home Co (TSE:6836) is currently considered Modestly Undervalued. The stock's GF Value™ is 円915.14, compared to a current price of 円709.00 — trading 22.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -5.03%. Plat'Home Co's overall GF Score™ is 58/100 with 2 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 Plat'Home Co (TSE:6836), the current ROC (Joel Greenblatt) % is -5.03% 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 Plat'Home Co (TSE:6836) Overvalued in 2026?
Based on GuruFocus' analysis, Plat'Home Co stock appears to be undervalued.
The current stock price of 円709.00 is trading 22.5% below its estimated GF Value™ of 円915.14.
GuruFocus considers Plat'Home Co to be Modestly Undervalued.
Key valuation signals for TSE:6836:
ROC (Joel Greenblatt) %: -5.03%
GF Value™: 円915.14 vs. price of 円709.00 (22.5% below fair value)
No single metric tells the full story. See the TSE:6836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plat'Home Co Ltd develops, manufactures, and sells computers related products in Japan. The company offers micro-servers and IA server storage products, which include OpenBlocks IoT BX1G, an Internet of Things gateway for connecting various sensors, beacons, and devices to the cloud.
58GF Score
Get the complete analysis for TSE:6836
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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