Mitaningyo Co (TSE:8285) ROC (Joel Greenblatt) %: 17.34% (As of Mar. 2026) — 47% Above Median

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TSE:8285 Mitani Sangyo Co Ltd TSE:8285
72 GF Score
Price 円685.00
GF Value 円439.21
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mitaningyo Co ROC (Joel Greenblatt) %?

Mitaningyo Co TSE:8285 72 ROC (Joel Greenblatt) % is 17.34% as of Mar. 2026, which is 47% above its 10-year median of 11.82. GuruFocus rates TSE:8285 with a GF Score™ of 72/100 and a GF Value™ of 円439.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 562 Conglomerates companies, Mitaningyo Co ranks better than 54.09% 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. Mitaningyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.34%.

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

TSE:8285' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.77   Med: 11.82   Max: 17.36
Current: 16.95

During the past 13 years, Mitaningyo Co's highest ROC (Joel Greenblatt) % was 17.36%. The lowest was 5.77%. And the median was 11.82%.

TSE:8285's ROC (Joel Greenblatt) % is ranked better than
54.09% of 562 companies
in the Conglomerates industry
Industry Median: 14.68 vs TSE:8285: 16.95

Mitaningyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.90% per year.


Mitaningyo Co  (TSE:8285) 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.


Mitaningyo Co ROC (Joel Greenblatt) % Related Terms


Mitaningyo Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mitaningyo 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.

Mitaningyo Co ROC (Joel Greenblatt) % Chart

Mitaningyo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.83 5.77 10.66 12.02 17.36

Mitaningyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 11.73 13.12 11.05 16.18 17.34

TSE:8285 vs MMM, HON: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Mitaningyo 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.


Mitaningyo Co ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitaningyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:8285
72GF Score
Mitani Sangyo Co Ltd TSE:8285
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitaningyo 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28875 + 4682 + 6544) - (16880 + 0 + 7913)
=15308

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25125 + 4519 + 6867) - (15640 + 0 + 9119)
=11752

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mitaningyo 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5230/( ( (16852 + max(15308, 0)) + (16412 + max(11752, 0)) )/ 2 )
=5230/( ( 32160 + 28164 )/ 2 )
=5230/30162
=17.34 %

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 17.34% mean?
Mitaningyo Co (TSE:8285) has a ROC (Joel Greenblatt) % of 17.34% 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 Mitaningyo Co and its competitors. This is 47% above median its historical median of 11.82. Over the past decade, Mitaningyo Co's ROC (Joel Greenblatt) % has ranged from 5.77 to 17.36. According to the industry distribution chart, Mitaningyo Co ranks #258 out of 562 companies in the Conglomerates industry, placing it in the top 45.9%.
Is Mitaningyo Co's ROC (Joel Greenblatt) % too high?
Mitaningyo Co's current ROC (Joel Greenblatt) % of 17.34% is 47% above median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 17.36. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Mitaningyo Co's value of 17.34% is 18.1% above this industry median. Based on the distribution chart, Mitaningyo Co ranks #258 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mitaningyo Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitaningyo Co's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Mitaningyo Co ranks #258 out of 562 companies for ROC (Joel Greenblatt) %. This puts Mitaningyo Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Mitaningyo Co's value of 17.34% is 18.1% above this benchmark. Historically, Mitaningyo Co's own ROC (Joel Greenblatt) % has ranged from 5.77 to 17.36 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 14.68, Mitaningyo 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 562 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. Mitaningyo Co's current ROC (Joel Greenblatt) % of 17.34% is 18.1% 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 Mitaningyo Co and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitaningyo Co's current ROC (Joel Greenblatt) % is 17.34%, which is 47% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitaningyo Co stock overvalued right now?
Based on GuruFocus' analysis, Mitaningyo Co (TSE:8285) is currently considered Significantly Overvalued. The stock's GF Value™ is 円439.21, compared to a current price of 円685.00 — trading 56% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.34%, which is 47% above median its 10-year median of 11.82 and 18.1% above the Conglomerates industry median of 14.68. Mitaningyo Co's overall GF Score™ is 72/100 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 Mitaningyo Co (TSE:8285), the current ROC (Joel Greenblatt) % is 17.34% 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 Mitaningyo Co (TSE:8285) Overvalued in 2026?

Based on GuruFocus' analysis, Mitaningyo Co stock appears to be overvalued. The current stock price of 円685.00 is trading 56% above its estimated GF Value™ of 円439.21. GuruFocus considers Mitaningyo Co to be Significantly Overvalued.

Key valuation signals for TSE:8285:

  • ROC (Joel Greenblatt) %: 17.34% (47% above median its 10-year median of 11.82)
  • GF Value™: 円439.21 vs. price of 円685.00 (56% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 18.1% above the Conglomerates median (#258 of 562)

No single metric tells the full story. See the TSE:8285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitaningyo Co Business Description

Address 1-5 Tamagawacho, Ishikawa Prefecture, Kanazawa, JPN, 930-0083
Mitani Sangyo Co Ltd is engaged in multiple businesses. The company's segment includes six reportable segments: Air Conditioning Equipment Construction-Related Business, Information System-Related Business, Resin and Electronics-Related Business, Chemicals-Related Business, Energy-Related Business, and Housing Equipment-Related Business.
72GF Score

Get the complete analysis for TSE:8285

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

円685.00
Price
円439.21
GF Value