Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mainichi Comnet CoTSE:8908 -0.11%89 ROC (Joel Greenblatt) % is 15.92% as of Feb. 2026, which is 5% above its 10-year median of 15.15. GuruFocus rates TSE:8908 with a GF Score™ of 89/100 and a GF Value™ of 円1,019.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,749 Real Estate companies, Mainichi Comnet Co ranks better than 56.03% 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. Mainichi Comnet Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 15.92%.
The historical rank and industry rank for Mainichi Comnet Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:8908'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.18 Med: 15.15 Max: 20.98
Current: 18.41
During the past 13 years, Mainichi Comnet Co's highest ROC (Joel Greenblatt) % was 20.98%. The lowest was 10.18%. And the median was 15.15%.
TSE:8908's ROC (Joel Greenblatt) % is ranked better than 56.03% of 1749
companies
in the Real Estate industry
Industry Median: 12.88
vs TSE:8908: 18.41
Mainichi Comnet Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.70% per year.
Mainichi Comnet Co (TSE:8908) 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.
Mainichi Comnet Co ROC (Joel Greenblatt) % Related Terms
Mainichi Comnet Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mainichi Comnet 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.
TSE:8908 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Mainichi Comnet 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.
Mainichi Comnet Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mainichi Comnet Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mainichi Comnet Co's ROC (Joel Greenblatt) % falls into.
Mainichi Comnet 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 (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 15.92% mean?
Mainichi Comnet Co (TSE:8908) has a ROC (Joel Greenblatt) % of 15.92% 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 Mainichi Comnet Co and its competitors. This is near median its historical median of 15.15. Over the past decade, Mainichi Comnet Co's ROC (Joel Greenblatt) % has ranged from 10.18 to 20.98. According to the industry distribution chart, Mainichi Comnet Co ranks #769 out of 1749 companies in the Real Estate industry, placing it in the top 44%.
Is Mainichi Comnet Co's ROC (Joel Greenblatt) % too high?
Mainichi Comnet Co's current ROC (Joel Greenblatt) % of 15.92% is near median its 10-year median of 15.15. Over the past 10 years, this metric has ranged from a low of 10.18 to a high of 20.98. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. Mainichi Comnet Co's value of 15.92% is 23.6% above this industry median. Based on the distribution chart, Mainichi Comnet Co ranks #769 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mainichi Comnet Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainichi Comnet Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Mainichi Comnet Co ranks #769 out of 1749 companies for ROC (Joel Greenblatt) %. This puts Mainichi Comnet Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.88. Mainichi Comnet Co's value of 15.92% is 23.6% above this benchmark. Historically, Mainichi Comnet Co's own ROC (Joel Greenblatt) % has ranged from 10.18 to 20.98 over the past decade. While the company's 10-year median is 15.15 vs. the industry median of 12.88, Mainichi Comnet 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.88, based on 1,749 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. Mainichi Comnet Co's current ROC (Joel Greenblatt) % of 15.92% is 23.6% 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 Mainichi Comnet Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainichi Comnet Co's current ROC (Joel Greenblatt) % is 15.92%, which is near median its own 10-year median of 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainichi Comnet Co stock overvalued right now?
Based on GuruFocus' analysis, Mainichi Comnet Co (TSE:8908) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,019.29, compared to a current price of 円869.00 — trading 14.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 15.92%, which is near median its 10-year median of 15.15 and 23.6% above the Real Estate industry median of 12.88. Mainichi Comnet Co's overall GF Score™ is 89/100 with 2 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 Mainichi Comnet Co (TSE:8908), the current ROC (Joel Greenblatt) % is 15.92% 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 Mainichi Comnet Co (TSE:8908) Overvalued in 2026?
Based on GuruFocus' analysis, Mainichi Comnet Co stock appears to be undervalued.
The current stock price of 円869.00 is trading 14.7% below its estimated GF Value™ of 円1,019.29.
GuruFocus considers Mainichi Comnet Co to be Modestly Undervalued.
Key valuation signals for TSE:8908:
ROC (Joel Greenblatt) %: 15.92% (near median its 10-year median of 15.15)
GF Value™: 円1,019.29 vs. price of 円869.00 (14.7% below fair value)
Industry Position: 23.6% above the Real Estate median (#769 of 1749)
No single metric tells the full story. See the TSE:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mainichi Comnet Co Ltd is a real estate company engaged in the development and consulting for apartments, student management, rental and business support student life travel business as well as arrangement planning and training camp of the Club Circle.
89GF Score
Get the complete analysis for TSE:8908
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8908 has been successfully added to your 
