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SeikaTSE:8061 +6.04%79 ROC (Joel Greenblatt) % is 53.01% as of Mar. 2026, which is 43% above its 10-year median of 37.13. GuruFocus rates TSE:8061 with a GF Score™ of 79/100 and a GF Value™ of 円1,819.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 158 Industrial Distribution companies, Seika ranks better than 91.14% 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. Seika's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 53.01%.
The historical rank and industry rank for Seika's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:8061'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.02 Med: 37.13 Max: 60.91
Current: 48.66
During the past 13 years, Seika's highest ROC (Joel Greenblatt) % was 60.91%. The lowest was -1.02%. And the median was 37.13%.
TSE:8061's ROC (Joel Greenblatt) % is ranked better than 91.14% of 158
companies
in the Industrial Distribution industry
Industry Median: 14.645
vs TSE:8061: 48.66
Seika's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.50% 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.
The historical data trend for Seika'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:8061 vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Seika'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.
Seika ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Seika's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Seika'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 (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 53.01% mean?
Seika (TSE:8061) has a ROC (Joel Greenblatt) % of 53.01% 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 Seika and its competitors. This is 43% above median its historical median of 37.13. According to the industry distribution chart, Seika ranks #14 out of 158 companies in the Industrial Distribution industry, placing it in the top 8.9%.
Is Seika's ROC (Joel Greenblatt) % too high?
Seika's current ROC (Joel Greenblatt) % of 53.01% is 43% above median its 10-year median of 37.13. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.65. Seika's value of 53.01% is 262% above this industry median. Based on the distribution chart, Seika ranks #14 out of 158 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Seika has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seika's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Seika ranks #14 out of 158 companies for ROC (Joel Greenblatt) %. This places Seika in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.65. Seika's value of 53.01% is 262% above this benchmark. While the company's 10-year median is 37.13 vs. the industry median of 14.65, Seika 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 14.65, based on 158 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. Seika's current ROC (Joel Greenblatt) % of 53.01% is 262% 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 Seika and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seika's current ROC (Joel Greenblatt) % is 53.01%, which is 43% above median its own 10-year median of 37.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seika stock overvalued right now?
Based on GuruFocus' analysis, Seika (TSE:8061) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,819.41, compared to a current price of 円2,846.00 — trading 56.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 53.01%, which is 43% above median its 10-year median of 37.13 and 262% above the Industrial Distribution industry median of 14.65. Seika's overall GF Score™ is 79/100 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 Seika (TSE:8061), the current ROC (Joel Greenblatt) % is 53.01% 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 Seika (TSE:8061) Overvalued in 2026?
Based on GuruFocus' analysis, Seika stock appears to be overvalued.
The current stock price of 円2,846.00 is trading 56.4% above its estimated GF Value™ of 円1,819.41.
GuruFocus considers Seika to be Significantly Overvalued.
Key valuation signals for TSE:8061:
ROC (Joel Greenblatt) %: 53.01% (43% above median its 10-year median of 37.13)
GF Value™: 円1,819.41 vs. price of 円2,846.00 (56.4% above fair value)
Industry Position: 262% above the Industrial Distribution median (#14 of 158)
No single metric tells the full story. See the TSE:8061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seika Corp operates as a general trading company of machinery in Japan. The firm offers a varities of products for various industrial fields, including environmental protection systems such as air pollution control/waste-water treatment systems, heavy and chemical industrial equipment, including film and sheet manufacturing equipment, food and beverage production equipment, packaging materials, laser-applied systems, and measuring/scaling equipment. The Group is segmented into three businesses: energy, industrial machinery, and products.
79GF Score
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