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Kanamoto CoTSE:9678 -0.54%80 ROC (Joel Greenblatt) % is 11.99% as of Apr. 2026, which is 25% above its 10-year median of 9.63. GuruFocus rates TSE:9678 with a GF Score™ of 80/100 and a GF Value™ of 円3,341.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,082 Business Services companies, Kanamoto Co ranks worse than 62.29% 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. Kanamoto Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 11.99%.
The historical rank and industry rank for Kanamoto Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9678'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.11 Med: 9.63 Max: 13.76
Current: 11.59
During the past 13 years, Kanamoto Co's highest ROC (Joel Greenblatt) % was 13.76%. The lowest was 7.11%. And the median was 9.63%.
TSE:9678's ROC (Joel Greenblatt) % is ranked worse than 62.29% of 1082
companies
in the Business Services industry
Industry Median: 22.475
vs TSE:9678: 11.59
Kanamoto Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.40% per year.
Kanamoto Co (TSE:9678) 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.
Kanamoto Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Kanamoto 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.
TSE:9678 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, Kanamoto 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.
Kanamoto Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Kanamoto Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kanamoto 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 four times the quarterly (Apr. 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 11.99% mean?
Kanamoto Co (TSE:9678) has a ROC (Joel Greenblatt) % of 11.99% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kanamoto Co and its competitors. This is 25% above median its historical median of 9.63. Over the past decade, Kanamoto Co's ROC (Joel Greenblatt) % has ranged from 7.11 to 13.76. According to the industry distribution chart, Kanamoto Co ranks #674 out of 1082 companies in the Business Services industry, placing it in the top 62.3%.
Is Kanamoto Co's ROC (Joel Greenblatt) % too high?
Kanamoto Co's current ROC (Joel Greenblatt) % of 11.99% is 25% above median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 7.11 to a high of 13.76. The Business Services industry median ROC (Joel Greenblatt) % is 22.48. Kanamoto Co's value of 11.99% is 46.7% below this industry median. Based on the distribution chart, Kanamoto Co ranks #674 out of 1082 companies in the Business Services industry, which is below the industry midpoint. Overall, Kanamoto Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanamoto Co's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, Kanamoto Co ranks #674 out of 1082 companies for ROC (Joel Greenblatt) %. This places Kanamoto Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 22.48. Kanamoto Co's value of 11.99% is 46.7% below this benchmark. Historically, Kanamoto Co's own ROC (Joel Greenblatt) % has ranged from 7.11 to 13.76 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 22.48, Kanamoto Co 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 a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 22.48, based on 1,082 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. Kanamoto Co's current ROC (Joel Greenblatt) % of 11.99% is 46.7% 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 Kanamoto Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 22.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanamoto Co's current ROC (Joel Greenblatt) % is 11.99%, which is 25% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamoto Co stock overvalued right now?
Based on GuruFocus' analysis, Kanamoto Co (TSE:9678) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,341.13, compared to a current price of 円5,480.00 — trading 64% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.99%, which is 25% above median its 10-year median of 9.63 and 46.7% below the Business Services industry median of 22.48. Kanamoto Co's overall GF Score™ is 80/100 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 Kanamoto Co (TSE:9678), the current ROC (Joel Greenblatt) % is 11.99% as of Apr. 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 Kanamoto Co (TSE:9678) Overvalued in 2026?
Based on GuruFocus' analysis, Kanamoto Co stock appears to be overvalued.
The current stock price of 円5,480.00 is trading 64% above its estimated GF Value™ of 円3,341.13.
GuruFocus considers Kanamoto Co to be Significantly Overvalued.
Key valuation signals for TSE:9678:
ROC (Joel Greenblatt) %: 11.99% (25% above median its 10-year median of 9.63)
GF Value™: 円3,341.13 vs. price of 円5,480.00 (64% above fair value)
Industry Position: 46.7% below the Business Services median (#674 of 1082)
No single metric tells the full story. See the TSE:9678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.
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