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Yokogawa ElectricTSE:6841 +0.72%88 ROC (Joel Greenblatt) % is 44.70% as of Mar. 2026, which is 79% above its 10-year median of 24.96. GuruFocus rates TSE:6841 with a GF Score™ of 88/100 and a GF Value™ of 円4,161.60 (Significantly Overvalued). Among 3,065 Industrial Products companies, Yokogawa Electric ranks better than 87.86% 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. Yokogawa Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 44.70%.
The historical rank and industry rank for Yokogawa Electric's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6841'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.43 Med: 24.96 Max: 69.05
Current: 46.37
During the past 13 years, Yokogawa Electric's highest ROC (Joel Greenblatt) % was 69.05%. The lowest was 15.43%. And the median was 24.96%.
TSE:6841's ROC (Joel Greenblatt) % is ranked better than 87.86% of 3065
companies
in the Industrial Products industry
Industry Median: 11.81
vs TSE:6841: 46.37
Yokogawa Electric's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.40% per year.
Yokogawa Electric (TSE:6841) 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.
Yokogawa Electric ROC (Joel Greenblatt) % Related Terms
Yokogawa Electric ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Yokogawa Electric'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:6841 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.
Yokogawa Electric ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Yokogawa Electric's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yokogawa Electric's ROC (Joel Greenblatt) % falls into.
Yokogawa Electric 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:
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 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 44.70% mean?
Yokogawa Electric (TSE:6841) has a ROC (Joel Greenblatt) % of 44.70% 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 Yokogawa Electric and its competitors. This is 79% above median its historical median of 24.96. Over the past decade, Yokogawa Electric's ROC (Joel Greenblatt) % has ranged from 15.43 to 69.05. According to the industry distribution chart, Yokogawa Electric ranks #372 out of 3065 companies in the Industrial Products industry, placing it in the top 12.1%.
Is Yokogawa Electric's ROC (Joel Greenblatt) % too high?
Yokogawa Electric's current ROC (Joel Greenblatt) % of 44.70% is 79% above median its 10-year median of 24.96. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 69.05. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.81. Yokogawa Electric's value of 44.70% is 278.5% above this industry median. Based on the distribution chart, Yokogawa Electric ranks #372 out of 3065 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Yokogawa Electric has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yokogawa Electric's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yokogawa Electric ranks #372 out of 3065 companies for ROC (Joel Greenblatt) %. This places Yokogawa Electric in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.81. Yokogawa Electric's value of 44.70% is 278.5% above this benchmark. Historically, Yokogawa Electric's own ROC (Joel Greenblatt) % has ranged from 15.43 to 69.05 over the past decade. While the company's 10-year median is 24.96 vs. the industry median of 11.81, Yokogawa Electric 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 11.81, based on 3,065 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. Yokogawa Electric's current ROC (Joel Greenblatt) % of 44.70% is 278.5% 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 Yokogawa Electric and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yokogawa Electric's current ROC (Joel Greenblatt) % is 44.70%, which is 79% above median its own 10-year median of 24.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yokogawa Electric stock overvalued right now?
Based on GuruFocus' analysis, Yokogawa Electric (TSE:6841) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,161.60, compared to a current price of 円5,453.00 — trading 31% above its estimated fair value. The current ROC (Joel Greenblatt) % is 44.70%, which is 79% above median its 10-year median of 24.96 and 278.5% above the Industrial Products industry median of 11.81. Yokogawa Electric's overall GF Score™ is 88/100. 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 Yokogawa Electric (TSE:6841), the current ROC (Joel Greenblatt) % is 44.70% 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 Yokogawa Electric (TSE:6841) Overvalued in 2026?
Based on GuruFocus' analysis, Yokogawa Electric stock appears to be overvalued.
The current stock price of 円5,453.00 is trading 31% above its estimated GF Value™ of 円4,161.60.
GuruFocus considers Yokogawa Electric to be Significantly Overvalued.
Key valuation signals for TSE:6841:
ROC (Joel Greenblatt) %: 44.70% (79% above median its 10-year median of 24.96)
GF Value™: 円4,161.60 vs. price of 円5,453.00 (31% above fair value)
Industry Position: 278.5% above the Industrial Products median (#372 of 3065)
No single metric tells the full story. See the TSE:6841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yokogawa Electric Corporation is a Japanese electrical engineering and software company. The company operates through three segments: Control, Measuring Instruments, and New Business etc. The Control segment offers sensors, analyzers, production control systems, software, and related services. The Measuring Instruments segment provides waveform, optical communication, signal, and various measuring devices. The New Business, etc. segment focuses on IoT- and AI-based services as well as biomass material operations. The company generates the majority of its revenue from the Control segment.
88GF Score
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