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Tokyo Infrastructure Energy InvestmentTSE:9285 +0.23%62 ROC (Joel Greenblatt) % is 3.03% as of Dec. 2025, which is 18% above its 10-year median of 2.57. GuruFocus rates TSE:9285 with a GF Score™ of 62/100 and a GF Value™ of 円67,664.67 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 441 Utilities - Independent Power Producers companies, Tokyo Infrastructure Energy Investment ranks worse than 70.07% 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. Tokyo Infrastructure Energy Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.03%.
TSE:9285'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.23 Med: 2.57 Max: 3.01
Current: 2.25
During the past 7 years, Tokyo Infrastructure Energy Investment's highest ROC (Joel Greenblatt) % was 3.01%. The lowest was 2.23%. And the median was 2.57%.
TSE:9285's ROC (Joel Greenblatt) % is ranked worse than 70.07% of 441
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.32
vs TSE:9285: 2.25
Tokyo Infrastructure Energy Investment (TSE:9285) 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.
* 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.
Tokyo Infrastructure Energy Investment ROC (Joel Greenblatt) % Chart
Tokyo Infrastructure Energy Investment Annual Data
Tokyo Infrastructure Energy Investment ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, Tokyo Infrastructure Energy Investment'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.
Tokyo Infrastructure Energy Investment ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Infrastructure Energy Investment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tokyo Infrastructure Energy Investment's ROC (Joel Greenblatt) % falls into.
Tokyo Infrastructure Energy Investment 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 two times the semi-annual (Dec. 2025) 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 3.03% mean?
Tokyo Infrastructure Energy Investment (TSE:9285) has a ROC (Joel Greenblatt) % of 3.03% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tokyo Infrastructure Energy Investment and its competitors. This is 18% above median its historical median of 2.57. Over the past decade, Tokyo Infrastructure Energy Investment's ROC (Joel Greenblatt) % has ranged from 2.23 to 3.01. According to the industry distribution chart, Tokyo Infrastructure Energy Investment ranks #309 out of 441 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.1%.
Is Tokyo Infrastructure Energy Investment's ROC (Joel Greenblatt) % too high?
Tokyo Infrastructure Energy Investment's current ROC (Joel Greenblatt) % of 3.03% is 18% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 3.01. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.32. Tokyo Infrastructure Energy Investment's value of 3.03% is 52.1% below this industry median. Based on the distribution chart, Tokyo Infrastructure Energy Investment ranks #309 out of 441 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Tokyo Infrastructure Energy Investment has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tokyo Infrastructure Energy Investment's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tokyo Infrastructure Energy Investment ranks #309 out of 441 companies for ROC (Joel Greenblatt) %. This places Tokyo Infrastructure Energy Investment in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.32. Tokyo Infrastructure Energy Investment's value of 3.03% is 52.1% below this benchmark. Historically, Tokyo Infrastructure Energy Investment's own ROC (Joel Greenblatt) % has ranged from 2.23 to 3.01 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 6.32, Tokyo Infrastructure Energy Investment has consistently been below 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.32, based on 441 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. Tokyo Infrastructure Energy Investment's current ROC (Joel Greenblatt) % of 3.03% is 52.1% below 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 Tokyo Infrastructure Energy Investment and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Infrastructure Energy Investment's current ROC (Joel Greenblatt) % is 3.03%, which is 18% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Infrastructure Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment (TSE:9285) is currently considered Possible Value Trap. The stock's GF Value™ is 円67,664.67, compared to a current price of 円43,150.00 — trading 36.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.03%, which is 18% above median its 10-year median of 2.57 and 52.1% below the Utilities - Independent Power Producers industry median of 6.32. Tokyo Infrastructure Energy Investment's overall GF Score™ is 62/100 with 7 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 Tokyo Infrastructure Energy Investment (TSE:9285), the current ROC (Joel Greenblatt) % is 3.03% as of Dec. 2025. 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 Tokyo Infrastructure Energy Investment (TSE:9285) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment stock appears to be undervalued.
The current stock price of 円43,150.00 is trading 36.2% below its estimated GF Value™ of 円67,664.67.
GuruFocus considers Tokyo Infrastructure Energy Investment to be Possible Value Trap.
Key valuation signals for TSE:9285:
ROC (Joel Greenblatt) %: 3.03% (18% above median its 10-year median of 2.57)
GF Value™: 円67,664.67 vs. price of 円43,150.00 (36.2% below fair value)
Industry Position: 52.1% below the Utilities - Independent Power Producers median (#309 of 441)
No single metric tells the full story. See the TSE:9285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Infrastructure Energy Investment Corp is a Japan-based investment corporation. The company mainly invests in renewable energy generation equipment related assets. Its investment objective is to maximize the investor's value by creating high-quality investment opportunities and at the same time achieves the government's goal of promoting renewable energy power generation and revitalizes the local community. Its portfolio consists of TI Ryugasaki Solar Power Station, TI Ushisa Solar Power Station, TI Kanuma Solar Power Station, TI Yabuki Solar Power Station, and TI Kushiro Solar Power Station.
62GF Score
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