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Musashi CoTSE:7521 +0.11%68 ROC (Joel Greenblatt) % is 109.59% as of Mar. 2026, which is 490% above its 10-year median of 18.56. GuruFocus rates TSE:7521 with a GF Score™ of 68/100 and a GF Value™ of 円2,015.65 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 552 Conglomerates companies, Musashi Co ranks better than 81.7% 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. Musashi Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 109.59%.
The historical rank and industry rank for Musashi Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7521'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.87 Med: 18.56 Max: 63.11
Current: 45.23
During the past 13 years, Musashi Co's highest ROC (Joel Greenblatt) % was 63.11%. The lowest was 0.87%. And the median was 18.56%.
TSE:7521's ROC (Joel Greenblatt) % is ranked better than 81.7% of 552
companies
in the Conglomerates industry
Industry Median: 14.865
vs TSE:7521: 45.23
Musashi Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 91.20% per year.
Musashi Co (TSE:7521) 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.
Musashi Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Musashi 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:7521 vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Musashi 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.
Musashi Co ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Musashi Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Musashi 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 109.59% mean?
Musashi Co (TSE:7521) has a ROC (Joel Greenblatt) % of 109.59% 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 Musashi Co and its competitors. This is 490% above median its historical median of 18.56. Over the past decade, Musashi Co's ROC (Joel Greenblatt) % has ranged from 0.87 to 63.11. According to the industry distribution chart, Musashi Co ranks #101 out of 552 companies in the Conglomerates industry, placing it in the top 18.3%.
Is Musashi Co's ROC (Joel Greenblatt) % too high?
Musashi Co's current ROC (Joel Greenblatt) % of 109.59% is 490% above median its 10-year median of 18.56. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 63.11. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.87. Musashi Co's value of 109.59% is 637.2% above this industry median. Based on the distribution chart, Musashi Co ranks #101 out of 552 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Musashi Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashi Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Musashi Co ranks #101 out of 552 companies for ROC (Joel Greenblatt) %. This places Musashi Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.87. Musashi Co's value of 109.59% is 637.2% above this benchmark. Historically, Musashi Co's own ROC (Joel Greenblatt) % has ranged from 0.87 to 63.11 over the past decade. While the company's 10-year median is 18.56 vs. the industry median of 14.87, Musashi 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.87, based on 552 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. Musashi Co's current ROC (Joel Greenblatt) % of 109.59% is 637.2% 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 Musashi Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashi Co's current ROC (Joel Greenblatt) % is 109.59%, which is 490% above median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashi Co stock overvalued right now?
Based on GuruFocus' analysis, Musashi Co (TSE:7521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,015.65, compared to a current price of 円2,758.00 — trading 36.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 109.59%, which is 490% above median its 10-year median of 18.56 and 637.2% above the Conglomerates industry median of 14.87. Musashi Co's overall GF Score™ is 68/100 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 Musashi Co (TSE:7521), the current ROC (Joel Greenblatt) % is 109.59% 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 Musashi Co (TSE:7521) Overvalued in 2026?
Based on GuruFocus' analysis, Musashi Co stock appears to be overvalued.
The current stock price of 円2,758.00 is trading 36.8% above its estimated GF Value™ of 円2,015.65.
GuruFocus considers Musashi Co to be Significantly Overvalued.
Key valuation signals for TSE:7521:
ROC (Joel Greenblatt) %: 109.59% (490% above median its 10-year median of 18.56)
GF Value™: 円2,015.65 vs. price of 円2,758.00 (36.8% above fair value)
Industry Position: 637.2% above the Conglomerates median (#101 of 552)
No single metric tells the full story. See the TSE:7521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musashi Co Ltd is engaged in the sale of system equipment. It offers information/industrial systems equipment, printing systems equipment, cash handling systems equipment, and election systems equipment among others. It is also engaged in Planning, development, manufacturing, sales, and software sales of election system equipment and Sales of paper and paper processed goods.
68GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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