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SE Holdings andubations CoTSE:9478 -0.58%76 ROC (Joel Greenblatt) % is 66.47% as of Mar. 2026, which is 103% above its 10-year median of 32.80. GuruFocus rates TSE:9478 with a GF Score™ of 76/100 and a GF Value™ of 円346.77 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,014 Media - Diversified companies, SE Holdings andubations Co ranks better than 72.78% 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. SE Holdings andubations Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.47%.
The historical rank and industry rank for SE Holdings andubations Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9478'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.28 Med: 32.8 Max: 56.93
Current: 45.22
During the past 13 years, SE Holdings andubations Co's highest ROC (Joel Greenblatt) % was 56.93%. The lowest was 8.28%. And the median was 32.80%.
TSE:9478's ROC (Joel Greenblatt) % is ranked better than 72.78% of 1014
companies
in the Media - Diversified industry
Industry Median: 9.895
vs TSE:9478: 45.22
SE Holdings andubations Co (TSE:9478) 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.
SE Holdings andubations Co ROC (Joel Greenblatt) % Chart
TSE:9478 vs NYT, WLY: ROC (Joel Greenblatt) % Comparison
For the Publishing subindustry, SE Holdings andubations 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.
SE Holdings andubations Co ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, SE Holdings andubations Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SE Holdings andubations Co's ROC (Joel Greenblatt) % falls into.
SE Holdings andubations 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 (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 66.47% mean?
SE Holdings andubations Co (TSE:9478) has a ROC (Joel Greenblatt) % of 66.47% 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 SE Holdings andubations Co and its competitors. This is 103% above median its historical median of 32.80. Over the past decade, SE Holdings andubations Co's ROC (Joel Greenblatt) % has ranged from 8.28 to 56.93. According to the industry distribution chart, SE Holdings andubations Co ranks #276 out of 1014 companies in the Media - Diversified industry, placing it in the top 27.2%.
Is SE Holdings andubations Co's ROC (Joel Greenblatt) % too high?
SE Holdings andubations Co's current ROC (Joel Greenblatt) % of 66.47% is 103% above median its 10-year median of 32.80. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 56.93. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.90. SE Holdings andubations Co's value of 66.47% is 571.8% above this industry median. Based on the distribution chart, SE Holdings andubations Co ranks #276 out of 1014 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, SE Holdings andubations Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SE Holdings andubations Co's ROC (Joel Greenblatt) % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, SE Holdings andubations Co ranks #276 out of 1014 companies for ROC (Joel Greenblatt) %. This puts SE Holdings andubations Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.90. SE Holdings andubations Co's value of 66.47% is 571.8% above this benchmark. Historically, SE Holdings andubations Co's own ROC (Joel Greenblatt) % has ranged from 8.28 to 56.93 over the past decade. While the company's 10-year median is 32.80 vs. the industry median of 9.90, SE Holdings andubations 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 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. SE Holdings andubations Co's current ROC (Joel Greenblatt) % of 66.47% is 571.8% 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 SE Holdings andubations Co 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. SE Holdings andubations Co's current ROC (Joel Greenblatt) % is 66.47%, which is 103% above median its own 10-year median of 32.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SE Holdings andubations Co stock overvalued right now?
Based on GuruFocus' analysis, SE Holdings andubations Co (TSE:9478) is currently considered Significantly Overvalued. The stock's GF Value™ is 円346.77, compared to a current price of 円515.00 — trading 48.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 66.47%, which is 103% above median its 10-year median of 32.80 and 571.8% above the Media - Diversified industry median of 9.90. SE Holdings andubations Co's overall GF Score™ is 76/100 with 6 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 SE Holdings andubations Co (TSE:9478), the current ROC (Joel Greenblatt) % is 66.47% 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 SE Holdings andubations Co (TSE:9478) Overvalued in 2026?
Based on GuruFocus' analysis, SE Holdings andubations Co stock appears to be overvalued.
The current stock price of 円515.00 is trading 48.5% above its estimated GF Value™ of 円346.77.
GuruFocus considers SE Holdings andubations Co to be Significantly Overvalued.
Key valuation signals for TSE:9478:
ROC (Joel Greenblatt) %: 66.47% (103% above median its 10-year median of 32.80)
GF Value™: 円346.77 vs. price of 円515.00 (48.5% above fair value)
Industry Position: 571.8% above the Media - Diversified median (#276 of 1014)
No single metric tells the full story. See the TSE:9478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SE Holdings and Incubations Co Ltd is engaged in diversified businesses namely IT technology information services; mobile internet services; marketing services for IT-related enterprises; store operations utilizing IT technology and Development of IT engineers and human resources services.
76GF Score
Get the complete analysis for TSE:9478
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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