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.
Daito Koun CoTSE:9367 -0.37%60 ROC (Joel Greenblatt) % is 19.83% as of Mar. 2026, which is 7% above its 10-year median of 18.57. GuruFocus rates TSE:9367 with a GF Score™ of 60/100 and a GF Value™ of 円825.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 999 Transportation companies, Daito Koun Co ranks better 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. Daito Koun Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.83%.
The historical rank and industry rank for Daito Koun Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9367'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.82 Med: 18.57 Max: 25.86
Current: 19.26
During the past 13 years, Daito Koun Co's highest ROC (Joel Greenblatt) % was 25.86%. The lowest was 14.82%. And the median was 18.57%.
TSE:9367's ROC (Joel Greenblatt) % is ranked better than 70.07% of 999
companies
in the Transportation industry
Industry Median: 11.71
vs TSE:9367: 19.26
Daito Koun Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.40% per year.
Daito Koun Co (TSE:9367) 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.
Daito Koun Co ROC (Joel Greenblatt) % Related Terms
Daito Koun Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Daito Koun 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.
Daito Koun Co ROC (Joel Greenblatt) % Competitor Comparison
For the Marine Shipping subindustry, Daito Koun 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.
Daito Koun Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Daito Koun Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Daito Koun 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 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 19.83% mean?
Daito Koun Co (TSE:9367) has a ROC (Joel Greenblatt) % of 19.83% 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 Daito Koun Co and its competitors. This is near median its historical median of 18.57. Over the past decade, Daito Koun Co's ROC (Joel Greenblatt) % has ranged from 14.82 to 25.86. According to the industry distribution chart, Daito Koun Co ranks #299 out of 999 companies in the Transportation industry, placing it in the top 29.9%.
Is Daito Koun Co's ROC (Joel Greenblatt) % too high?
Daito Koun Co's current ROC (Joel Greenblatt) % of 19.83% is near median its 10-year median of 18.57. Over the past 10 years, this metric has ranged from a low of 14.82 to a high of 25.86. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. Daito Koun Co's value of 19.83% is 69.3% above this industry median. Based on the distribution chart, Daito Koun Co ranks #299 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Daito Koun Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Koun Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Daito Koun Co ranks #299 out of 999 companies for ROC (Joel Greenblatt) %. This puts Daito Koun Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Daito Koun Co's value of 19.83% is 69.3% above this benchmark. Historically, Daito Koun Co's own ROC (Joel Greenblatt) % has ranged from 14.82 to 25.86 over the past decade. While the company's 10-year median is 18.57 vs. the industry median of 11.71, Daito Koun 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 999 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. Daito Koun Co's current ROC (Joel Greenblatt) % of 19.83% is 69.3% 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 Daito Koun Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daito Koun Co's current ROC (Joel Greenblatt) % is 19.83%, which is near median its own 10-year median of 18.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daito Koun Co stock overvalued right now?
Based on GuruFocus' analysis, Daito Koun Co (TSE:9367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円825.24, compared to a current price of 円1,880.00 — trading 127.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.83%, which is near median its 10-year median of 18.57 and 69.3% above the Transportation industry median of 11.71. Daito Koun Co's overall GF Score™ is 60/100 with 3 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 Daito Koun Co (TSE:9367), the current ROC (Joel Greenblatt) % is 19.83% 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 Daito Koun Co (TSE:9367) Overvalued in 2026?
Based on GuruFocus' analysis, Daito Koun Co stock appears to be overvalued.
The current stock price of 円1,880.00 is trading 127.8% above its estimated GF Value™ of 円825.24.
GuruFocus considers Daito Koun Co to be Significantly Overvalued.
Key valuation signals for TSE:9367:
ROC (Joel Greenblatt) %: 19.83% (near median its 10-year median of 18.57)
GF Value™: 円825.24 vs. price of 円1,880.00 (127.8% above fair value)
Industry Position: 69.3% above the Transportation median (#299 of 999)
No single metric tells the full story. See the TSE:9367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daito Koun Co Ltd is a Japanese firm which provides marine transportation services. It handles various types of cargo, including refrigerated food, as well as offers import freight, export freight, shipping agency, and customs brokerage services. It also provides port transportation that carries out cargo shipment, landing, handling.
60GF Score
Get the complete analysis for TSE:9367
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:9367 has been successfully added to your 
