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ASTMAX CoTSE:7162 -2.56%66 ROC (Joel Greenblatt) % is 152.54% as of Mar. 2026, which is 3019% above its 10-year median of 4.89. GuruFocus rates TSE:7162 with a GF Score™ of 66/100 and a GF Value™ of 円444.38 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 629 Asset Management companies, ASTMAX Co ranks worse than 54.69% 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. ASTMAX Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 152.54%.
The historical rank and industry rank for ASTMAX Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7162'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.06 Med: 4.89 Max: 33.69
Current: 33.69
During the past 13 years, ASTMAX Co's highest ROC (Joel Greenblatt) % was 33.69%. The lowest was -4.06%. And the median was 4.89%.
TSE:7162's ROC (Joel Greenblatt) % is ranked worse than 54.69% of 629
companies
in the Asset Management industry
Industry Median: 62.71
vs TSE:7162: 33.69
ASTMAX Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
ASTMAX Co (TSE:7162) 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.
The historical data trend for ASTMAX 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:7162 vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, ASTMAX 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.
ASTMAX Co ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, ASTMAX Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ASTMAX 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 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 152.54% mean?
ASTMAX Co (TSE:7162) has a ROC (Joel Greenblatt) % of 152.54% 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 ASTMAX Co and its competitors. This is 3019% above median its historical median of 4.89. According to the industry distribution chart, ASTMAX Co ranks #344 out of 629 companies in the Asset Management industry, placing it in the top 54.7%.
Is ASTMAX Co's ROC (Joel Greenblatt) % too high?
ASTMAX Co's current ROC (Joel Greenblatt) % of 152.54% is 3019% above median its 10-year median of 4.89. The Asset Management industry median ROC (Joel Greenblatt) % is 62.71. ASTMAX Co's value of 152.54% is 143.2% above this industry median. Based on the distribution chart, ASTMAX Co ranks #344 out of 629 companies in the Asset Management industry, which is below the industry midpoint. Overall, ASTMAX Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASTMAX Co's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, ASTMAX Co ranks #344 out of 629 companies for ROC (Joel Greenblatt) %. This places ASTMAX Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 62.71. ASTMAX Co's value of 152.54% is 143.2% above this benchmark. While the company's 10-year median is 4.89 vs. the industry median of 62.71, ASTMAX 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.71, based on 629 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. ASTMAX Co's current ROC (Joel Greenblatt) % of 152.54% is 143.2% 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 ASTMAX Co and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTMAX Co's current ROC (Joel Greenblatt) % is 152.54%, which is 3019% above median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTMAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASTMAX Co (TSE:7162) is currently considered Significantly Undervalued. The stock's GF Value™ is 円444.38, compared to a current price of 円266.00 — trading 40.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 152.54%, which is 3019% above median its 10-year median of 4.89 and 143.2% above the Asset Management industry median of 62.71. ASTMAX Co's overall GF Score™ is 66/100 with 1 warning sign 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 ASTMAX Co (TSE:7162), the current ROC (Joel Greenblatt) % is 152.54% 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 ASTMAX Co (TSE:7162) Overvalued in 2026?
Based on GuruFocus' analysis, ASTMAX Co stock appears to be undervalued.
The current stock price of 円266.00 is trading 40.1% below its estimated GF Value™ of 円444.38.
GuruFocus considers ASTMAX Co to be Significantly Undervalued.
Key valuation signals for TSE:7162:
ROC (Joel Greenblatt) %: 152.54% (3019% above median its 10-year median of 4.89)
GF Value™: 円444.38 vs. price of 円266.00 (40.1% below fair value)
Industry Position: 143.2% above the Asset Management median (#344 of 629)
No single metric tells the full story. See the TSE:7162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASTMAX Co Ltd is engaged in management, accounting, administration, legal affairs, and internal control. The company conducts investment operations and manage assets of domestic institutional investors, renewable energy business, and electricity trading business.
66GF Score
Get the complete analysis for TSE:7162
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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