Cerespo Co (TSE:9625) ROC (Joel Greenblatt) %: 48.65% (As of Mar. 2026) — 225% Above Median

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TSE:9625 Cerespo Co Ltd TSE:9625
67 GF Score
Price 円845.00
GF Value 円1,122.72
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Cerespo Co ROC (Joel Greenblatt) %?

Cerespo Co TSE:9625 -21.76% 67 ROC (Joel Greenblatt) % is 48.65% as of Mar. 2026, which is 225% above its 10-year median of 14.95. GuruFocus rates TSE:9625 with a GF Score™ of 67/100 and a GF Value™ of 円1,122.72 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,015 Media - Diversified companies, Cerespo Co ranks better than 65.91% 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. Cerespo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.65%.

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

TSE:9625' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.26   Med: 14.95   Max: 178.19
Current: 27.48

During the past 13 years, Cerespo Co's highest ROC (Joel Greenblatt) % was 178.19%. The lowest was -41.26%. And the median was 14.95%.

TSE:9625's ROC (Joel Greenblatt) % is ranked better than
65.91% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.81 vs TSE:9625: 27.48

Cerespo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Cerespo Co  (TSE:9625) 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.


Cerespo Co ROC (Joel Greenblatt) % Related Terms


Cerespo Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Cerespo 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.

Cerespo Co ROC (Joel Greenblatt) % Chart

Cerespo Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.19 81.92 -10.06 -12.95 28.88

Cerespo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.31 -5.77 -17.35 5.23 48.65

TSE:9625 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, Cerespo 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.


Cerespo Co ROC (Joel Greenblatt) % vs Media - Diversified Industry

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

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


TSE:9625
67GF Score
Cerespo Co Ltd TSE:9625
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cerespo 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:

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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2352.823 + 53.118 + 139.205) - (1128.647 + 0 + 627.307)
=789.192

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1811.566 + 42.486 + 103.666) - (1740.458 + 0 + 278.249)
=-60.989

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1973.69/( ( (3576.222 + max(789.192, 0)) + (3748.925 + max(-60.989, 0)) )/ 2 )
=1973.69/( ( 4365.414 + 3748.925 )/ 2 )
=1973.69/4057.1695
=48.65 %

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 48.65% mean?
Cerespo Co (TSE:9625) has a ROC (Joel Greenblatt) % of 48.65% 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 Cerespo Co and its competitors. This is 225% above median its historical median of 14.95. According to the industry distribution chart, Cerespo Co ranks #346 out of 1015 companies in the Media - Diversified industry, placing it in the top 34.1%.
Is Cerespo Co's ROC (Joel Greenblatt) % too high?
Cerespo Co's current ROC (Joel Greenblatt) % of 48.65% is 225% above median its 10-year median of 14.95. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. Cerespo Co's value of 48.65% is 395.9% above this industry median. Based on the distribution chart, Cerespo Co ranks #346 out of 1015 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Cerespo Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cerespo Co's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Cerespo Co ranks #346 out of 1015 companies for ROC (Joel Greenblatt) %. This puts Cerespo Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.81. Cerespo Co's value of 48.65% is 395.9% above this benchmark. While the company's 10-year median is 14.95 vs. the industry median of 9.81, Cerespo 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 9.81, based on 1,015 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. Cerespo Co's current ROC (Joel Greenblatt) % of 48.65% is 395.9% 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 Cerespo Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerespo Co's current ROC (Joel Greenblatt) % is 48.65%, which is 225% above median its own 10-year median of 14.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerespo Co stock overvalued right now?
Based on GuruFocus' analysis, Cerespo Co (TSE:9625) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,122.72, compared to a current price of 円845.00 — trading 24.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 48.65%, which is 225% above median its 10-year median of 14.95 and 395.9% above the Media - Diversified industry median of 9.81. Cerespo Co's overall GF Score™ is 67/100 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 Cerespo Co (TSE:9625), the current ROC (Joel Greenblatt) % is 48.65% 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 Cerespo Co (TSE:9625) Overvalued in 2026?

Based on GuruFocus' analysis, Cerespo Co stock appears to be undervalued. The current stock price of 円845.00 is trading 24.7% below its estimated GF Value™ of 円1,122.72. GuruFocus considers Cerespo Co to be Modestly Undervalued.

Key valuation signals for TSE:9625:

  • ROC (Joel Greenblatt) %: 48.65% (225% above median its 10-year median of 14.95)
  • GF Value™: 円1,122.72 vs. price of 円845.00 (24.7% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 395.9% above the Media - Diversified median (#346 of 1015)

No single metric tells the full story. See the TSE:9625 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cerespo Co Business Description

Address 1-21-5 Kita Otsuka, Toshima-ku, Tokyo, JPN, 170-0004
Cerespo Co Ltd is engaged in planning, space production and management events for sales promotion, festivals, conventions, sports, ceremony, and recreational activities. It also provides security services and engages in the advertising business.
67GF Score

Get the complete analysis for TSE:9625

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

円845.00
Price
円1,122.72
GF Value