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Wavelock Holdings CoTSE:7940 60 ROC (Joel Greenblatt) % is 0.40% as of Mar. 2026, which is 96% below its 10-year median of 9.75. GuruFocus rates TSE:7940 with a GF Score™ of 60/100 and a GF Value™ of 円696.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,606 Chemicals companies, Wavelock Holdings Co ranks worse than 70.17% 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. Wavelock Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.40%.
The historical rank and industry rank for Wavelock Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7940'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.08 Med: 9.75 Max: 20.79
Current: 3.11
During the past 12 years, Wavelock Holdings Co's highest ROC (Joel Greenblatt) % was 20.79%. The lowest was 3.08%. And the median was 9.75%.
TSE:7940's ROC (Joel Greenblatt) % is ranked worse than 70.17% of 1606
companies
in the Chemicals industry
Industry Median: 9.51
vs TSE:7940: 3.11
Wavelock Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -29.60% per year.
Wavelock Holdings Co (TSE:7940) 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.
Wavelock Holdings Co ROC (Joel Greenblatt) % Related Terms
Wavelock Holdings Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Wavelock Holdings 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.
Wavelock Holdings Co ROC (Joel Greenblatt) % Chart
TSE:7940 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Wavelock Holdings 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.
Wavelock Holdings Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Wavelock Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Wavelock Holdings Co's ROC (Joel Greenblatt) % falls into.
Wavelock Holdings 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 (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 0.40% mean?
Wavelock Holdings Co (TSE:7940) has a ROC (Joel Greenblatt) % of 0.40% 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 Wavelock Holdings Co and its competitors. This is 96% below median its historical median of 9.75. Over the past decade, Wavelock Holdings Co's ROC (Joel Greenblatt) % has ranged from 3.08 to 20.79. According to the industry distribution chart, Wavelock Holdings Co ranks #1127 out of 1606 companies in the Chemicals industry, placing it in the top 70.2%.
Is Wavelock Holdings Co's ROC (Joel Greenblatt) % too high?
Wavelock Holdings Co's current ROC (Joel Greenblatt) % of 0.40% is 96% below median its 10-year median of 9.75. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 20.79. The Chemicals industry median ROC (Joel Greenblatt) % is 9.51. Wavelock Holdings Co's value of 0.40% is 95.8% below this industry median. Based on the distribution chart, Wavelock Holdings Co ranks #1127 out of 1606 companies in the Chemicals industry, which is below the industry midpoint. Overall, Wavelock Holdings Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wavelock Holdings Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Wavelock Holdings Co ranks #1127 out of 1606 companies for ROC (Joel Greenblatt) %. This places Wavelock Holdings Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.51. Wavelock Holdings Co's value of 0.40% is 95.8% below this benchmark. Historically, Wavelock Holdings Co's own ROC (Joel Greenblatt) % has ranged from 3.08 to 20.79 over the past decade. While the company's 10-year median is 9.75 vs. the industry median of 9.51, Wavelock Holdings 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 a Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.51, based on 1,606 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. Wavelock Holdings Co's current ROC (Joel Greenblatt) % of 0.40% is 95.8% 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 Wavelock Holdings Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavelock Holdings Co's current ROC (Joel Greenblatt) % is 0.40%, which is 96% below median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavelock Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wavelock Holdings Co (TSE:7940) is currently considered Significantly Overvalued. The stock's GF Value™ is 円696.42, compared to a current price of 円1,057.00 — trading 51.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.40%, which is 96% below median its 10-year median of 9.75 and 95.8% below the Chemicals industry median of 9.51. Wavelock Holdings Co's overall GF Score™ is 60/100 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 Wavelock Holdings Co (TSE:7940), the current ROC (Joel Greenblatt) % is 0.40% 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 Wavelock Holdings Co (TSE:7940) Overvalued in 2026?
Based on GuruFocus' analysis, Wavelock Holdings Co stock appears to be overvalued.
The current stock price of 円1,057.00 is trading 51.8% above its estimated GF Value™ of 円696.42.
GuruFocus considers Wavelock Holdings Co to be Significantly Overvalued.
Key valuation signals for TSE:7940:
ROC (Joel Greenblatt) %: 0.40% (96% below median its 10-year median of 9.75)
GF Value™: 円696.42 vs. price of 円1,057.00 (51.8% above fair value)
Industry Position: 95.8% below the Chemicals median (#1127 of 1606)
No single metric tells the full story. See the TSE:7940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wavelock Holdings Co Ltd manufactures and sells household goods related products in Japan. The company offers construction/ civil engineering related materials, wallpapers; smoke-free walls; door screens, insect repellent nets, gardening nets and plastic sheets, tear tapes, metal decorating films, Packaging related materials, Agriculture related materials, Automotive/ weak electric materials and processed products. It also processes and sells and provides consulting services to synthetic resins and various materials.
60GF Score
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