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Asahi Kagaku Kogyo CoTSE:7928 +0.64%65 ROC (Joel Greenblatt) % is 6.19% as of Feb. 2026, which is 2% above its 10-year median of 6.07. GuruFocus rates TSE:7928 with a GF Score™ of 65/100 and a GF Value™ of 円563.35 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,065 Industrial Products companies, Asahi Kagaku Kogyo Co ranks worse than 66% 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. Asahi Kagaku Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 6.19%.
The historical rank and industry rank for Asahi Kagaku Kogyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7928'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.16 Med: 6.07 Max: 34.86
Current: 5.36
During the past 13 years, Asahi Kagaku Kogyo Co's highest ROC (Joel Greenblatt) % was 34.86%. The lowest was -14.16%. And the median was 6.07%.
TSE:7928's ROC (Joel Greenblatt) % is ranked worse than 66% of 3065
companies
in the Industrial Products industry
Industry Median: 11.74
vs TSE:7928: 5.36
Asahi Kagaku Kogyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -23.00% per year.
Asahi Kagaku Kogyo Co (TSE:7928) 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.
Asahi Kagaku Kogyo Co ROC (Joel Greenblatt) % Related Terms
Asahi Kagaku Kogyo Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Asahi Kagaku Kogyo 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.
Asahi Kagaku Kogyo Co ROC (Joel Greenblatt) % Chart
TSE:7928 vs SNA, RBC, SWK: ROC (Joel Greenblatt) % Comparison
For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.
Asahi Kagaku Kogyo Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Asahi Kagaku Kogyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asahi Kagaku Kogyo Co's ROC (Joel Greenblatt) % falls into.
Asahi Kagaku Kogyo 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:
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 two times the semi-annual (Feb. 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 6.19% mean?
Asahi Kagaku Kogyo Co (TSE:7928) has a ROC (Joel Greenblatt) % of 6.19% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Asahi Kagaku Kogyo Co and its competitors. This is near median its historical median of 6.07. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #2023 out of 3065 companies in the Industrial Products industry, placing it in the top 66%.
Is Asahi Kagaku Kogyo Co's ROC (Joel Greenblatt) % too high?
Asahi Kagaku Kogyo Co's current ROC (Joel Greenblatt) % of 6.19% is near median its 10-year median of 6.07. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.74. Asahi Kagaku Kogyo Co's value of 6.19% is 47.3% below this industry median. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #2023 out of 3065 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's ROC (Joel Greenblatt) % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #2023 out of 3065 companies for ROC (Joel Greenblatt) %. This places Asahi Kagaku Kogyo Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.74. Asahi Kagaku Kogyo Co's value of 6.19% is 47.3% below this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 11.74, Asahi Kagaku Kogyo Co 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.74, based on 3,065 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. Asahi Kagaku Kogyo Co's current ROC (Joel Greenblatt) % of 6.19% is 47.3% 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 Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kagaku Kogyo Co's current ROC (Joel Greenblatt) % is 6.19%, which is near median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円563.35, compared to a current price of 円633.00 — trading 12.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.19%, which is near median its 10-year median of 6.07 and 47.3% below the Industrial Products industry median of 11.74. Asahi Kagaku Kogyo Co's overall GF Score™ is 65/100 with 8 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 Asahi Kagaku Kogyo Co (TSE:7928), the current ROC (Joel Greenblatt) % is 6.19% as of Feb. 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued.
The current stock price of 円633.00 is trading 12.4% above its estimated GF Value™ of 円563.35.
GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:7928:
ROC (Joel Greenblatt) %: 6.19% (near median its 10-year median of 6.07)
GF Value™: 円563.35 vs. price of 円633.00 (12.4% above fair value)
Industry Position: 47.3% below the Industrial Products median (#2023 of 3065)
No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
65GF Score
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