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Yamaichi Electronics CoTSE:6941 -2.87%83 ROC (Joel Greenblatt) % is 32.23% as of Mar. 2026, which is 43% above its 10-year median of 22.61. GuruFocus rates TSE:6941 with a GF Score™ of 83/100 and a GF Value™ of 円3,588.37 (Significantly Overvalued). Among 1,028 Semiconductors companies, Yamaichi Electronics Co ranks better than 80.74% 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. Yamaichi Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.23%.
The historical rank and industry rank for Yamaichi Electronics Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:6941'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.3 Med: 22.61 Max: 40.82
Current: 39.57
During the past 13 years, Yamaichi Electronics Co's highest ROC (Joel Greenblatt) % was 40.82%. The lowest was 12.30%. And the median was 22.61%.
TSE:6941's ROC (Joel Greenblatt) % is ranked better than 80.74% of 1028
companies
in the Semiconductors industry
Industry Median: 8.355
vs TSE:6941: 39.57
Yamaichi Electronics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.60% per year.
Yamaichi Electronics Co (TSE:6941) 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.
Yamaichi Electronics Co ROC (Joel Greenblatt) % Related Terms
Yamaichi Electronics Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Yamaichi Electronics 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.
Yamaichi Electronics Co ROC (Joel Greenblatt) % Chart
TSE:6941 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, Yamaichi Electronics 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.
Yamaichi Electronics Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Yamaichi Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yamaichi Electronics Co's ROC (Joel Greenblatt) % falls into.
Yamaichi Electronics 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:
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 32.23% mean?
Yamaichi Electronics Co (TSE:6941) has a ROC (Joel Greenblatt) % of 32.23% 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 Yamaichi Electronics Co and its competitors. This is 43% above median its historical median of 22.61. Over the past decade, Yamaichi Electronics Co's ROC (Joel Greenblatt) % has ranged from 12.30 to 40.82. According to the industry distribution chart, Yamaichi Electronics Co ranks #198 out of 1028 companies in the Semiconductors industry, placing it in the top 19.3%.
Is Yamaichi Electronics Co's ROC (Joel Greenblatt) % too high?
Yamaichi Electronics Co's current ROC (Joel Greenblatt) % of 32.23% is 43% above median its 10-year median of 22.61. Over the past 10 years, this metric has ranged from a low of 12.30 to a high of 40.82. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.36. Yamaichi Electronics Co's value of 32.23% is 285.8% above this industry median. Based on the distribution chart, Yamaichi Electronics Co ranks #198 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Yamaichi Electronics Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yamaichi Electronics Co's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Yamaichi Electronics Co ranks #198 out of 1028 companies for ROC (Joel Greenblatt) %. This places Yamaichi Electronics Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.36. Yamaichi Electronics Co's value of 32.23% is 285.8% above this benchmark. Historically, Yamaichi Electronics Co's own ROC (Joel Greenblatt) % has ranged from 12.30 to 40.82 over the past decade. While the company's 10-year median is 22.61 vs. the industry median of 8.36, Yamaichi Electronics 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.36, based on 1,028 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. Yamaichi Electronics Co's current ROC (Joel Greenblatt) % of 32.23% is 285.8% 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 Yamaichi Electronics Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaichi Electronics Co's current ROC (Joel Greenblatt) % is 32.23%, which is 43% above median its own 10-year median of 22.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaichi Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Yamaichi Electronics Co (TSE:6941) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,588.37, compared to a current price of 円9,130.00 — trading 154.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.23%, which is 43% above median its 10-year median of 22.61 and 285.8% above the Semiconductors industry median of 8.36. Yamaichi Electronics Co's overall GF Score™ is 83/100. 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 Yamaichi Electronics Co (TSE:6941), the current ROC (Joel Greenblatt) % is 32.23% 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 Yamaichi Electronics Co (TSE:6941) Overvalued in 2026?
Based on GuruFocus' analysis, Yamaichi Electronics Co stock appears to be overvalued.
The current stock price of 円9,130.00 is trading 154.4% above its estimated GF Value™ of 円3,588.37.
GuruFocus considers Yamaichi Electronics Co to be Significantly Overvalued.
Key valuation signals for TSE:6941:
ROC (Joel Greenblatt) %: 32.23% (43% above median its 10-year median of 22.61)
GF Value™: 円3,588.37 vs. price of 円9,130.00 (154.4% above fair value)
Industry Position: 285.8% above the Semiconductors median (#198 of 1028)
No single metric tells the full story. See the TSE:6941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamaichi Electronics Co Ltd manufactures and sells test, connector, and optical-related products. The Test Solution products include burn-in sockets, test sockets, probe pins, probe cards, and semiconductor test-related services. The Connector Solution products contains card connectors, IC sockets for mounting, high speed transmission connectors, solar cell modules, and YFLEX, a high-speed transmission cable and mounting board. The Optical-Related products include ultraviolet cut filters, dichroic and fluorescence dichroic filter mirrors, band pass filters, and semiconductor laser light sources.
83GF Score
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