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Succeed CoTSE:9256 -5.69%90 ROC (Joel Greenblatt) % is 35.34% as of Mar. 2026, which is 87% below its 10-year median of 265.47. GuruFocus rates TSE:9256 with a GF Score™ of 90/100 and a GF Value™ of 円1,107.01 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 264 Education companies, Succeed Co ranks better than 85.61% 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. Succeed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.34%.
The historical rank and industry rank for Succeed Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9256'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 143.35 Med: 265.47 Max: 351.67
Current: 143.35
During the past 7 years, Succeed Co's highest ROC (Joel Greenblatt) % was 351.67%. The lowest was 143.35%. And the median was 265.47%.
TSE:9256's ROC (Joel Greenblatt) % is ranked better than 85.61% of 264
companies
in the Education industry
Industry Median: 18.88
vs TSE:9256: 143.35
Succeed Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.50% per year.
Succeed Co (TSE:9256) 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.
Succeed Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Succeed 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:9256 vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, Succeed 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.
Succeed Co ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, Succeed Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Succeed Co'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 35.34% mean?
Succeed Co (TSE:9256) has a ROC (Joel Greenblatt) % of 35.34% 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 Succeed Co and its competitors. This is 87% below median its historical median of 265.47. Over the past decade, Succeed Co's ROC (Joel Greenblatt) % has ranged from 143.35 to 351.67. According to the industry distribution chart, Succeed Co ranks #38 out of 264 companies in the Education industry, placing it in the top 14.4%.
Is Succeed Co's ROC (Joel Greenblatt) % too high?
Succeed Co's current ROC (Joel Greenblatt) % of 35.34% is 87% below median its 10-year median of 265.47. Over the past 10 years, this metric has ranged from a low of 143.35 to a high of 351.67. The Education industry median ROC (Joel Greenblatt) % is 18.88. Succeed Co's value of 35.34% is 87.2% above this industry median. Based on the distribution chart, Succeed Co ranks #38 out of 264 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Succeed Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Succeed Co's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Succeed Co ranks #38 out of 264 companies for ROC (Joel Greenblatt) %. This places Succeed Co in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 18.88. Succeed Co's value of 35.34% is 87.2% above this benchmark. Historically, Succeed Co's own ROC (Joel Greenblatt) % has ranged from 143.35 to 351.67 over the past decade. While the company's 10-year median is 265.47 vs. the industry median of 18.88, Succeed 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 Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.88, based on 264 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. Succeed Co's current ROC (Joel Greenblatt) % of 35.34% is 87.2% 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 Succeed Co and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Succeed Co's current ROC (Joel Greenblatt) % is 35.34%, which is 87% below median its own 10-year median of 265.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Succeed Co stock overvalued right now?
Based on GuruFocus' analysis, Succeed Co (TSE:9256) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,107.01, compared to a current price of 円1,260.00 — trading 13.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 35.34%, which is 87% below median its 10-year median of 265.47 and 87.2% above the Education industry median of 18.88. Succeed Co's overall GF Score™ is 90/100 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 Succeed Co (TSE:9256), the current ROC (Joel Greenblatt) % is 35.34% 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 Succeed Co (TSE:9256) Overvalued in 2026?
Based on GuruFocus' analysis, Succeed Co stock appears to be overvalued.
The current stock price of 円1,260.00 is trading 13.8% above its estimated GF Value™ of 円1,107.01.
GuruFocus considers Succeed Co to be Modestly Overvalued.
Key valuation signals for TSE:9256:
ROC (Joel Greenblatt) %: 35.34% (87% below median its 10-year median of 265.47)
GF Value™: 円1,107.01 vs. price of 円1,260.00 (13.8% above fair value)
Industry Position: 87.2% above the Education median (#38 of 264)
No single metric tells the full story. See the TSE:9256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Succeed Co Ltd is engaged in providing In-house educational services such as the operation of tutoring classes, the introduction of tutors, and others. The company's reportable segments are: welfare human resource support business, educational human resource support business, individual instruction classroom business, and private tutoring business. Maximum revenue is generated from its individual instruction classroom business, which operates community-based individualized tutoring schools providing lessons to meet various needs, such as school supplementary lessons, exam preparation, and preparation for various tests for students from the first grade of elementary school to university entrance exam candidates.
90GF Score
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