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ShinkoTSE:7120 88 ROC (Joel Greenblatt) % is 110.93% as of Mar. 2026, which is 24% above its 10-year median of 89.34. GuruFocus rates TSE:7120 with a GF Score™ of 88/100 and a GF Value™ of 円1,030.16 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,820 Software companies, Shinko ranks better than 68.69% 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. Shinko's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 110.93%.
The historical rank and industry rank for Shinko's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7120'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 48.09 Med: 89.34 Max: 106.66
Current: 80.76
During the past 6 years, Shinko's highest ROC (Joel Greenblatt) % was 106.66%. The lowest was 48.09%. And the median was 89.34%.
TSE:7120's ROC (Joel Greenblatt) % is ranked better than 68.69% of 2820
companies
in the Software industry
Industry Median: 20.53
vs TSE:7120: 80.76
Shinko's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.70% per year.
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.
The historical data trend for Shinko'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:7120 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Shinko'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.
Shinko ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Shinko's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shinko'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 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 110.93% mean?
Shinko (TSE:7120) has a ROC (Joel Greenblatt) % of 110.93% 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 Shinko and its competitors. This is 24% above median its historical median of 89.34. Over the past decade, Shinko's ROC (Joel Greenblatt) % has ranged from 48.09 to 106.66. According to the industry distribution chart, Shinko ranks #883 out of 2820 companies in the Software industry, placing it in the top 31.3%.
Is Shinko's ROC (Joel Greenblatt) % too high?
Shinko's current ROC (Joel Greenblatt) % of 110.93% is 24% above median its 10-year median of 89.34. Over the past 10 years, this metric has ranged from a low of 48.09 to a high of 106.66. The Software industry median ROC (Joel Greenblatt) % is 20.53. Shinko's value of 110.93% is 440.3% above this industry median. Based on the distribution chart, Shinko ranks #883 out of 2820 companies in the Software industry, which is above the industry midpoint. Overall, Shinko has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinko's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Shinko ranks #883 out of 2820 companies for ROC (Joel Greenblatt) %. This puts Shinko in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.53. Shinko's value of 110.93% is 440.3% above this benchmark. Historically, Shinko's own ROC (Joel Greenblatt) % has ranged from 48.09 to 106.66 over the past decade. While the company's 10-year median is 89.34 vs. the industry median of 20.53, Shinko 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.53, based on 2,820 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. Shinko's current ROC (Joel Greenblatt) % of 110.93% is 440.3% 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 Shinko and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinko's current ROC (Joel Greenblatt) % is 110.93%, which is 24% above median its own 10-year median of 89.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinko stock overvalued right now?
Based on GuruFocus' analysis, Shinko (TSE:7120) is currently considered Fairly Valued. The stock's GF Value™ is 円1,030.16, compared to a current price of 円1,024.00 — trading 0.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 110.93%, which is 24% above median its 10-year median of 89.34 and 440.3% above the Software industry median of 20.53. Shinko's overall GF Score™ is 88/100 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 Shinko (TSE:7120), the current ROC (Joel Greenblatt) % is 110.93% 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 Shinko (TSE:7120) Overvalued in 2026?
Based on GuruFocus' analysis, Shinko stock appears to be undervalued.
The current stock price of 円1,024.00 is trading 0.6% below its estimated GF Value™ of 円1,030.16.
GuruFocus considers Shinko to be Fairly Valued.
Key valuation signals for TSE:7120:
ROC (Joel Greenblatt) %: 110.93% (24% above median its 10-year median of 89.34)
GF Value™: 円1,030.16 vs. price of 円1,024.00 (0.6% below fair value)
Industry Position: 440.3% above the Software median (#883 of 2820)
No single metric tells the full story. See the TSE:7120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinko Inc is engaged in providing maintenance services for IT equipment and Staffing services. The company's services and products include; Maintenance services, human resource services, Introduction design and installation development services, and Network security-related products. The Maintenance services include Onsite maintenance service, Help desk service, Remote monitoring service, and call center service. The human resource services include an Engineer dispatch service and a Business contract. The Introduction design and installation development services include Network design and construction, Wireless environment construction, and Communication system construction.
88GF Score
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