MTG Co (TSE:7806) ROC (Joel Greenblatt) %: 38.08% (As of Mar. 2026) — 71% Above Median

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TSE:7806 MTG Co Ltd TSE:7806
70 GF Score
Price 円8,170.00
GF Value 円3,643.21
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MTG Co ROC (Joel Greenblatt) %?

MTG Co TSE:7806 +5.97% 70 ROC (Joel Greenblatt) % is 38.08% as of Mar. 2026, which is 71% above its 10-year median of 22.28. GuruFocus rates TSE:7806 with a GF Score™ of 70/100 and a GF Value™ of 円3,643.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,975 Consumer Packaged Goods companies, MTG Co ranks better than 82.13% 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. MTG Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.08%.

The historical rank and industry rank for MTG Co's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:7806' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -118.16   Med: 22.28   Max: 64.91
Current: 33.15

During the past 10 years, MTG Co's highest ROC (Joel Greenblatt) % was 64.91%. The lowest was -118.16%. And the median was 22.28%.

TSE:7806's ROC (Joel Greenblatt) % is ranked better than
82.13% of 1975 companies
in the Consumer Packaged Goods industry
Industry Median: 12.08 vs TSE:7806: 33.15

MTG Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.80% per year.


MTG Co  (TSE:7806) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


MTG Co ROC (Joel Greenblatt) % Related Terms


MTG Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for MTG 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.

MTG Co ROC (Joel Greenblatt) % Chart

MTG Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.66 20.90 15.66 14.70 32.12

MTG Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.33 25.47 2.07 58.70 38.08

TSE:7806 vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, MTG 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.


MTG Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MTG Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where MTG Co's ROC (Joel Greenblatt) % falls into.


TSE:7806
70GF Score
MTG Co Ltd TSE:7806
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTG Co 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17554 + 23566 + 3865) - (11897 + 0 + 12892)
=20196

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12525 + 27249 + 5052) - (13023 + 0 + 8923)
=22880

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of MTG Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18040/( ( (25521 + max(20196, 0)) + (26152 + max(22880, 0)) )/ 2 )
=18040/( ( 45717 + 49032 )/ 2 )
=18040/47374.5
=38.08 %

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 38.08% mean?
MTG Co (TSE:7806) has a ROC (Joel Greenblatt) % of 38.08% 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 MTG Co and its competitors. This is 71% above median its historical median of 22.28. According to the industry distribution chart, MTG Co ranks #353 out of 1975 companies in the Consumer Packaged Goods industry, placing it in the top 17.9%.
Is MTG Co's ROC (Joel Greenblatt) % too high?
MTG Co's current ROC (Joel Greenblatt) % of 38.08% is 71% above median its 10-year median of 22.28. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.08. MTG Co's value of 38.08% is 215.2% above this industry median. Based on the distribution chart, MTG Co ranks #353 out of 1975 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, MTG Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTG Co's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, MTG Co ranks #353 out of 1975 companies for ROC (Joel Greenblatt) %. This places MTG Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.08. MTG Co's value of 38.08% is 215.2% above this benchmark. While the company's 10-year median is 22.28 vs. the industry median of 12.08, MTG 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.08, based on 1,975 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. MTG Co's current ROC (Joel Greenblatt) % of 38.08% is 215.2% 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 MTG Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTG Co's current ROC (Joel Greenblatt) % is 38.08%, which is 71% above median its own 10-year median of 22.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTG Co stock overvalued right now?
Based on GuruFocus' analysis, MTG Co (TSE:7806) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,643.21, compared to a current price of 円8,170.00 — trading 124.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 38.08%, which is 71% above median its 10-year median of 22.28 and 215.2% above the Consumer Packaged Goods industry median of 12.08. MTG Co's overall GF Score™ is 70/100 with 4 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 MTG Co (TSE:7806), the current ROC (Joel Greenblatt) % is 38.08% 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 MTG Co (TSE:7806) Overvalued in 2026?

Based on GuruFocus' analysis, MTG Co stock appears to be overvalued. The current stock price of 円8,170.00 is trading 124.3% above its estimated GF Value™ of 円3,643.21. GuruFocus considers MTG Co to be Significantly Overvalued.

Key valuation signals for TSE:7806:

  • ROC (Joel Greenblatt) %: 38.08% (71% above median its 10-year median of 22.28)
  • GF Value™: 円3,643.21 vs. price of 円8,170.00 (124.3% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 215.2% above the Consumer Packaged Goods median (#353 of 1975)

No single metric tells the full story. See the TSE:7806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTG Co Business Description

Address 2-32 Honjin-dori, Nakamura-ku nagoya-shi Aichi, Nagoya, JPN, 453-0041
MTG Co Ltd is a Japan-based company engages in the manufacture of personal care products. The company is primarily engaged in the planning, development, manufacturing, and selling of beauty devices, cosmetics, and quasi-drug products. It is also involved in the development and manufacturing of fitness equipment. The company offers its products under the ReFa, SIXPAD, MDNA SKIN, kirala, ReFa Active, PLOSION, Style, PAO, INBEAUTE, Obleu, TAIKAN STREAM, CAXA UP, LIPLU, and Glamure.
70GF Score

Get the complete analysis for TSE:7806

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円8,170.00
Price
円3,643.21
GF Value