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.
Business Brain Showa OtaTSE:9658 +0.77%82 ROC (Joel Greenblatt) % is 117.27% as of Mar. 2026, which is 40% above its 10-year median of 83.78. GuruFocus rates TSE:9658 with a GF Score™ of 82/100 and a GF Value™ of 円963.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,820 Software companies, Business Brain Showa Ota ranks better than 75.11% 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. Business Brain Showa Ota's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 117.27%.
The historical rank and industry rank for Business Brain Showa Ota's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9658'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 45.74 Med: 83.78 Max: 564.11
Current: 117.08
During the past 13 years, Business Brain Showa Ota's highest ROC (Joel Greenblatt) % was 564.11%. The lowest was 45.74%. And the median was 83.78%.
TSE:9658's ROC (Joel Greenblatt) % is ranked better than 75.11% of 2820
companies
in the Software industry
Industry Median: 20.53
vs TSE:9658: 117.08
Business Brain Showa Ota's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.80% per year.
Business Brain Showa Ota (TSE:9658) 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.
Business Brain Showa Ota ROC (Joel Greenblatt) % Related Terms
Business Brain Showa Ota ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Business Brain Showa Ota'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.
Business Brain Showa Ota ROC (Joel Greenblatt) % Chart
TSE:9658 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Business Brain Showa Ota'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.
Business Brain Showa Ota ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Business Brain Showa Ota's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Business Brain Showa Ota's ROC (Joel Greenblatt) % falls into.
Business Brain Showa Ota 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 (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 117.27% mean?
Business Brain Showa Ota (TSE:9658) has a ROC (Joel Greenblatt) % of 117.27% 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 Business Brain Showa Ota and its competitors. This is 40% above median its historical median of 83.78. Over the past decade, Business Brain Showa Ota's ROC (Joel Greenblatt) % has ranged from 45.74 to 564.11. According to the industry distribution chart, Business Brain Showa Ota ranks #702 out of 2820 companies in the Software industry, placing it in the top 24.9%.
Is Business Brain Showa Ota's ROC (Joel Greenblatt) % too high?
Business Brain Showa Ota's current ROC (Joel Greenblatt) % of 117.27% is 40% above median its 10-year median of 83.78. Over the past 10 years, this metric has ranged from a low of 45.74 to a high of 564.11. The Software industry median ROC (Joel Greenblatt) % is 20.53. Business Brain Showa Ota's value of 117.27% is 471.2% above this industry median. Based on the distribution chart, Business Brain Showa Ota ranks #702 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Business Brain Showa Ota has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Business Brain Showa Ota's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Business Brain Showa Ota ranks #702 out of 2820 companies for ROC (Joel Greenblatt) %. This places Business Brain Showa Ota in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.53. Business Brain Showa Ota's value of 117.27% is 471.2% above this benchmark. Historically, Business Brain Showa Ota's own ROC (Joel Greenblatt) % has ranged from 45.74 to 564.11 over the past decade. While the company's 10-year median is 83.78 vs. the industry median of 20.53, Business Brain Showa Ota 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.53, based on 2,820 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. Business Brain Showa Ota's current ROC (Joel Greenblatt) % of 117.27% is 471.2% 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 Business Brain Showa Ota and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Brain Showa Ota's current ROC (Joel Greenblatt) % is 117.27%, which is 40% above median its own 10-year median of 83.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Brain Showa Ota stock overvalued right now?
Based on GuruFocus' analysis, Business Brain Showa Ota (TSE:9658) is currently considered Fairly Valued. The stock's GF Value™ is 円963.56, compared to a current price of 円1,049.00 — trading 8.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 117.27%, which is 40% above median its 10-year median of 83.78 and 471.2% above the Software industry median of 20.53. Business Brain Showa Ota's overall GF Score™ is 82/100 with 2 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 Business Brain Showa Ota (TSE:9658), the current ROC (Joel Greenblatt) % is 117.27% 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 Business Brain Showa Ota (TSE:9658) Overvalued in 2026?
Based on GuruFocus' analysis, Business Brain Showa Ota stock appears to be overvalued.
The current stock price of 円1,049.00 is trading 8.9% above its estimated GF Value™ of 円963.56.
GuruFocus considers Business Brain Showa Ota to be Fairly Valued.
Key valuation signals for TSE:9658:
ROC (Joel Greenblatt) %: 117.27% (40% above median its 10-year median of 83.78)
GF Value™: 円963.56 vs. price of 円1,049.00 (8.9% above fair value)
Industry Position: 471.2% above the Software median (#702 of 2820)
No single metric tells the full story. See the TSE:9658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Business Brain Showa Ota Inc provides Consulting, System development, and Management services. The Group has two reportable segments: the Consulting and Systems Development Business and the Management Services (BPO) Business. It derives maximum revenue from Consulting and Systems Development Business.
82GF Score
Get the complete analysis for TSE:9658
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:9658 has been successfully added to your 
