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Tsubakimoto Kogyo CoTSE:8052 +0.34%87 ROC (Joel Greenblatt) % is 152.38% as of Mar. 2026, which is 8% above its 10-year median of 141.23. GuruFocus rates TSE:8052 with a GF Score™ of 87/100 and a GF Value™ of 円2,632.52 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 160 Industrial Distribution companies, Tsubakimoto Kogyo Co ranks better than 98.75% 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. Tsubakimoto Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 152.38%.
The historical rank and industry rank for Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:8052'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 70.27 Med: 141.23 Max: 508.81
Current: 142.08
During the past 13 years, Tsubakimoto Kogyo Co's highest ROC (Joel Greenblatt) % was 508.81%. The lowest was 70.27%. And the median was 141.23%.
TSE:8052's ROC (Joel Greenblatt) % is ranked better than 98.75% of 160
companies
in the Industrial Distribution industry
Industry Median: 14.93
vs TSE:8052: 142.08
Tsubakimoto Kogyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.90% per year.
Tsubakimoto Kogyo Co (TSE:8052) 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.
Tsubakimoto Kogyo Co ROC (Joel Greenblatt) % Related Terms
Tsubakimoto Kogyo Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Tsubakimoto 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.
Tsubakimoto Kogyo Co ROC (Joel Greenblatt) % Chart
TSE:8052 vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Tsubakimoto 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.
Tsubakimoto Kogyo Co ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % falls into.
Tsubakimoto 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 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 152.38% mean?
Tsubakimoto Kogyo Co (TSE:8052) has a ROC (Joel Greenblatt) % of 152.38% 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 Tsubakimoto Kogyo Co and its competitors. This is near median its historical median of 141.23. Over the past decade, Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % has ranged from 70.27 to 508.81. According to the industry distribution chart, Tsubakimoto Kogyo Co ranks #2 out of 160 companies in the Industrial Distribution industry, placing it in the top 1.2%.
Is Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % too high?
Tsubakimoto Kogyo Co's current ROC (Joel Greenblatt) % of 152.38% is near median its 10-year median of 141.23. Over the past 10 years, this metric has ranged from a low of 70.27 to a high of 508.81. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.93. Tsubakimoto Kogyo Co's value of 152.38% is 920.6% above this industry median. Based on the distribution chart, Tsubakimoto Kogyo Co ranks #2 out of 160 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Tsubakimoto Kogyo Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsubakimoto Kogyo Co's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Tsubakimoto Kogyo Co ranks #2 out of 160 companies for ROC (Joel Greenblatt) %. This places Tsubakimoto Kogyo Co in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.93. Tsubakimoto Kogyo Co's value of 152.38% is 920.6% above this benchmark. Historically, Tsubakimoto Kogyo Co's own ROC (Joel Greenblatt) % has ranged from 70.27 to 508.81 over the past decade. While the company's 10-year median is 141.23 vs. the industry median of 14.93, Tsubakimoto Kogyo 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 an Industrial Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.93, based on 160 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. Tsubakimoto Kogyo Co's current ROC (Joel Greenblatt) % of 152.38% is 920.6% 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 Tsubakimoto Kogyo Co and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsubakimoto Kogyo Co's current ROC (Joel Greenblatt) % is 152.38%, which is near median its own 10-year median of 141.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsubakimoto Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tsubakimoto Kogyo Co (TSE:8052) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,632.52, compared to a current price of 円2,942.00 — trading 11.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 152.38%, which is near median its 10-year median of 141.23 and 920.6% above the Industrial Distribution industry median of 14.93. Tsubakimoto Kogyo Co's overall GF Score™ is 87/100 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 Tsubakimoto Kogyo Co (TSE:8052), the current ROC (Joel Greenblatt) % is 152.38% 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 Tsubakimoto Kogyo Co (TSE:8052) Overvalued in 2026?
Based on GuruFocus' analysis, Tsubakimoto Kogyo Co stock appears to be overvalued.
The current stock price of 円2,942.00 is trading 11.8% above its estimated GF Value™ of 円2,632.52.
GuruFocus considers Tsubakimoto Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:8052:
ROC (Joel Greenblatt) %: 152.38% (near median its 10-year median of 141.23)
GF Value™: 円2,632.52 vs. price of 円2,942.00 (11.8% above fair value)
Industry Position: 920.6% above the Industrial Distribution median (#2 of 160)
No single metric tells the full story. See the TSE:8052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsubakimoto Kogyo Co Ltd engages in the sale and supply of power transmission products, industrial equipment, and industrial materials. The company operates in four reportable segments are East Japan Headquarters, West Japan Headquarters, Central Japan Headquarters, and Development Strategy Headquarters.
87GF Score
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