IGER (TSE:9226) ROC (Joel Greenblatt) %: 327.70% (As of May. 2026) — 840% Above Median

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TSE:9226 IGER Inc TSE:9226
26 GF Score
Price 円1,200.00
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What is IGER ROC (Joel Greenblatt) %?

IGER TSE:9226 26 ROC (Joel Greenblatt) % is 327.70% as of May. 2026, which is 840% above its 10-year median of 34.86. GuruFocus rates TSE:9226 with a GF Score™ of 26/100.

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. IGER's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 327.70%.

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

TSE:9226' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.34   Med: 34.86   Max: 120.93
Current: 87.05

During the past 6 years, IGER's highest ROC (Joel Greenblatt) % was 120.93%. The lowest was 8.34%. And the median was 34.86%.

TSE:9226's ROC (Joel Greenblatt) % is not ranked
in the Media - Diversified industry.
Industry Median: 9.895 vs TSE:9226: 87.05

IGER's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.80% per year.


IGER  (TSE:9226) 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.


IGER ROC (Joel Greenblatt) % Related Terms


IGER ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for IGER'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.

IGER ROC (Joel Greenblatt) % Chart

IGER Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 120.93 8.34 15.21 52.03 77.32

IGER Semi-Annual Data
Nov20 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 275.48 -181.22 387.18 -177.27 327.70

TSE:9226 vs : ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, IGER'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.


IGER ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IGER's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9226
26GF Score
IGER Inc TSE:9226
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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IGER 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.821 + 142.652 + 32.773) - (52.179 + 0 + 109.984)
=92.083

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(543.022 + 65.172 + 41.176) - (379.649 + 0 + 209.348)
=60.373

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of IGER for the quarter that ended in May. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=464.942/( ( (63.495 + max(92.083, 0)) + (67.809 + max(60.373, 0)) )/ 2 )
=464.942/( ( 155.578 + 128.182 )/ 2 )
=464.942/141.88
=327.70 %

Note: The EBIT data used here is two times the semi-annual (May. 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 327.70% mean?
IGER (TSE:9226) has a ROC (Joel Greenblatt) % of 327.70% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on IGER and its competitors. This is 840% above median its historical median of 34.86. Over the past decade, IGER's ROC (Joel Greenblatt) % has ranged from 8.34 to 120.93.
Is IGER's ROC (Joel Greenblatt) % too high?
IGER's current ROC (Joel Greenblatt) % of 327.70% is 840% above median its 10-year median of 34.86. Over the past 10 years, this metric has ranged from a low of 8.34 to a high of 120.93. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.90. IGER's value of 327.70% is 3211.8% above this industry median. Overall, IGER has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does IGER's ROC (Joel Greenblatt) % compare to ?
IGER's ROC (Joel Greenblatt) % of 327.70% can be compared against companies in the Media - Diversified industry. The industry median ROC (Joel Greenblatt) % is 9.90. IGER's value of 327.70% is 3211.8% above this benchmark. Historically, IGER's own ROC (Joel Greenblatt) % has ranged from 8.34 to 120.93 over the past decade. While the company's 10-year median is 34.86 vs. the industry median of 9.90, IGER 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.90, based on 1,014 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. IGER's current ROC (Joel Greenblatt) % of 327.70% is 3211.8% 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 IGER and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGER's current ROC (Joel Greenblatt) % is 327.70%, which is 840% above median its own 10-year median of 34.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGER stock overvalued right now?
IGER (TSE:9226) has a current ROC (Joel Greenblatt) % of 327.70%. The current ROC (Joel Greenblatt) % is 327.70%, which is 840% above median its 10-year median of 34.86 and 3211.8% above the Media - Diversified industry median of 9.90. IGER's overall GF Score™ is 26/100. 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 IGER (TSE:9226), the current ROC (Joel Greenblatt) % is 327.70% as of May. 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.

IGER Business Description

Comparable Companies
Address 1-9-1 Marunouchi, GranTokyo North Tower, 36th Floor, Chiyoda-ku, Tokyo, JPN, 100-6736
IGER Inc is engaged in the advertising planning business. The company also provides graphic design mainly for paper media, web design for PC and smartphone sites, photographic design that handles everything from photography to editing, production of television and radio programs, and video content, provision of educational programs accompanying video content, planning and management of various events and ceremonies.
26GF Score

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

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