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Image MagicTSE:7793 -1.60%73 ROC (Joel Greenblatt) % is 2.58% as of Dec. 2025, which is 93% below its 10-year median of 35.59. GuruFocus rates TSE:7793 with a GF Score™ of 73/100 and a GF Value™ of 円2,037.70 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,080 Business Services companies, Image Magic ranks worse than 59.07% 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. Image Magic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.58%.
The historical rank and industry rank for Image Magic's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7793'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.83 Med: 35.59 Max: 44.69
Current: 13.23
During the past 6 years, Image Magic's highest ROC (Joel Greenblatt) % was 44.69%. The lowest was 9.83%. And the median was 35.59%.
TSE:7793's ROC (Joel Greenblatt) % is ranked worse than 59.07% of 1080
companies
in the Business Services industry
Industry Median: 21.085
vs TSE:7793: 13.23
Image Magic's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.10% 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.
Image Magic ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Image Magic'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:7793 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Image Magic'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.
Image Magic ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Image Magic's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Image Magic'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 (Dec. 2025) 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 2.58% mean?
Image Magic (TSE:7793) has a ROC (Joel Greenblatt) % of 2.58% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Image Magic and its competitors. This is 93% below median its historical median of 35.59. Over the past decade, Image Magic's ROC (Joel Greenblatt) % has ranged from 9.83 to 44.69. According to the industry distribution chart, Image Magic ranks #638 out of 1080 companies in the Business Services industry, placing it in the top 59.1%.
Is Image Magic's ROC (Joel Greenblatt) % too high?
Image Magic's current ROC (Joel Greenblatt) % of 2.58% is 93% below median its 10-year median of 35.59. Over the past 10 years, this metric has ranged from a low of 9.83 to a high of 44.69. The Business Services industry median ROC (Joel Greenblatt) % is 21.09. Image Magic's value of 2.58% is 87.8% below this industry median. Based on the distribution chart, Image Magic ranks #638 out of 1080 companies in the Business Services industry, which is below the industry midpoint. Overall, Image Magic has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Image Magic's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Image Magic ranks #638 out of 1080 companies for ROC (Joel Greenblatt) %. This places Image Magic in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.09. Image Magic's value of 2.58% is 87.8% below this benchmark. Historically, Image Magic's own ROC (Joel Greenblatt) % has ranged from 9.83 to 44.69 over the past decade. While the company's 10-year median is 35.59 vs. the industry median of 21.09, Image Magic has consistently been below 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.09, based on 1,080 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. Image Magic's current ROC (Joel Greenblatt) % of 2.58% is 87.8% below 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 Image Magic and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Magic's current ROC (Joel Greenblatt) % is 2.58%, which is 93% below median its own 10-year median of 35.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Magic stock overvalued right now?
Based on GuruFocus' analysis, Image Magic (TSE:7793) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,037.70, compared to a current price of 円1,350.00 — trading 33.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.58%, which is 93% below median its 10-year median of 35.59 and 87.8% below the Business Services industry median of 21.09. Image Magic's overall GF Score™ is 73/100 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 Image Magic (TSE:7793), the current ROC (Joel Greenblatt) % is 2.58% as of Dec. 2025. 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 Image Magic (TSE:7793) Overvalued in 2026?
Based on GuruFocus' analysis, Image Magic stock appears to be undervalued.
The current stock price of 円1,350.00 is trading 33.7% below its estimated GF Value™ of 円2,037.70.
GuruFocus considers Image Magic to be Significantly Undervalued.
Key valuation signals for TSE:7793:
ROC (Joel Greenblatt) %: 2.58% (93% below median its 10-year median of 35.59)
GF Value™: 円2,037.70 vs. price of 円1,350.00 (33.7% below fair value)
Industry Position: 87.8% below the Business Services median (#638 of 1080)
No single metric tells the full story. See the TSE:7793 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Image Magic Inc is a solution company, which is engaged in developing various services and solutions related to on-demand printing for original products.
73GF 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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