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Refinverse GroupTSE:7375 +1.35%53 ROC (Joel Greenblatt) % is 15.20% as of Mar. 2026, which is 106% above its 10-year median of 7.39. GuruFocus rates TSE:7375 with a GF Score™ of 53/100 and a GF Value™ of 円973.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,609 Chemicals companies, Refinverse Group ranks worse than 51.03% 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. Refinverse Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.20%.
The historical rank and industry rank for Refinverse Group's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7375'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.78 Med: 7.39 Max: 13.23
Current: 10.34
During the past 5 years, Refinverse Group's highest ROC (Joel Greenblatt) % was 13.23%. The lowest was -21.78%. And the median was 7.39%.
TSE:7375's ROC (Joel Greenblatt) % is ranked worse than 51.03% of 1609
companies
in the Chemicals industry
Industry Median: 10.56
vs TSE:7375: 10.34
Refinverse Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Refinverse Group (TSE:7375) 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.
Refinverse Group ROC (Joel Greenblatt) % Related Terms
Refinverse Group ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Refinverse Group'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:7375 vs DOW: ROC (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Refinverse Group'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.
Refinverse Group ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Refinverse Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Refinverse Group's ROC (Joel Greenblatt) % falls into.
Refinverse Group 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 15.20% mean?
Refinverse Group (TSE:7375) has a ROC (Joel Greenblatt) % of 15.20% 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 Refinverse Group and its competitors. This is 106% above median its historical median of 7.39. According to the industry distribution chart, Refinverse Group ranks #821 out of 1609 companies in the Chemicals industry, placing it in the top 51%.
Is Refinverse Group's ROC (Joel Greenblatt) % too high?
Refinverse Group's current ROC (Joel Greenblatt) % of 15.20% is 106% above median its 10-year median of 7.39. The Chemicals industry median ROC (Joel Greenblatt) % is 10.56. Refinverse Group's value of 15.20% is 43.9% above this industry median. Based on the distribution chart, Refinverse Group ranks #821 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, Refinverse Group has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Refinverse Group's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Refinverse Group ranks #821 out of 1609 companies for ROC (Joel Greenblatt) %. This places Refinverse Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.56. Refinverse Group's value of 15.20% is 43.9% above this benchmark. While the company's 10-year median is 7.39 vs. the industry median of 10.56, Refinverse Group 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 10.56, based on 1,609 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. Refinverse Group's current ROC (Joel Greenblatt) % of 15.20% is 43.9% 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 Refinverse Group and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refinverse Group's current ROC (Joel Greenblatt) % is 15.20%, which is 106% above median its own 10-year median of 7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinverse Group stock overvalued right now?
Based on GuruFocus' analysis, Refinverse Group (TSE:7375) is currently considered Modestly Overvalued. The stock's GF Value™ is 円973.47, compared to a current price of 円1,203.00 — trading 23.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.20%, which is 106% above median its 10-year median of 7.39 and 43.9% above the Chemicals industry median of 10.56. Refinverse Group's overall GF Score™ is 53/100 with 3 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 Refinverse Group (TSE:7375), the current ROC (Joel Greenblatt) % is 15.20% 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 Refinverse Group (TSE:7375) Overvalued in 2026?
Based on GuruFocus' analysis, Refinverse Group stock appears to be overvalued.
The current stock price of 円1,203.00 is trading 23.6% above its estimated GF Value™ of 円973.47.
GuruFocus considers Refinverse Group to be Modestly Overvalued.
Key valuation signals for TSE:7375:
ROC (Joel Greenblatt) %: 15.20% (106% above median its 10-year median of 7.39)
GF Value™: 円973.47 vs. price of 円1,203.00 (23.6% above fair value)
Industry Position: 43.9% above the Chemicals median (#821 of 1609)
No single metric tells the full story. See the TSE:7375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Refinverse Group Inc is a material recycling company engaged in Recycled resin recycling and manufacturing. It operates in two reportable segments Materials Business accepts the disposal of used carpet tiles, which are used as raw materials for products, mainly in the Tokyo metropolitan area. Recycled resin produced by cutting or crushing used carpet tiles, used in automobile airbags Recycled resins are produced by cutting, cleaning, thermoplasticizing, and extruding scraps and used fishing nets from the manufacturing process; and Resource business is centered around the Tokyo metropolitan area and includes intermediate processing and recycling of industrial waste, as well as collection and transportation of industrial waste.
53GF Score
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