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.
KSK CoTSE:9687 -0.57%91 ROC (Joel Greenblatt) % is 147.90% as of Mar. 2026, which is 32% above its 10-year median of 112.08. GuruFocus rates TSE:9687 with a GF Score™ of 91/100 and a GF Value™ of 円3,847.82 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,814 Software companies, KSK Co ranks better than 82.23% 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. KSK Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 147.90%.
The historical rank and industry rank for KSK Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9687'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 73.82 Med: 112.08 Max: 180.62
Current: 174.71
During the past 13 years, KSK Co's highest ROC (Joel Greenblatt) % was 180.62%. The lowest was 73.82%. And the median was 112.08%.
TSE:9687's ROC (Joel Greenblatt) % is ranked better than 82.23% of 2814
companies
in the Software industry
Industry Median: 20
vs TSE:9687: 174.71
KSK Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.60% per year.
KSK Co (TSE:9687) 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.
The historical data trend for KSK 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:9687 vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, KSK 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.
KSK Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, KSK Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KSK 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 147.90% mean?
KSK Co (TSE:9687) has a ROC (Joel Greenblatt) % of 147.90% 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 KSK Co and its competitors. This is 32% above median its historical median of 112.08. Over the past decade, KSK Co's ROC (Joel Greenblatt) % has ranged from 73.82 to 180.62. According to the industry distribution chart, KSK Co ranks #500 out of 2814 companies in the Software industry, placing it in the top 17.8%.
Is KSK Co's ROC (Joel Greenblatt) % too high?
KSK Co's current ROC (Joel Greenblatt) % of 147.90% is 32% above median its 10-year median of 112.08. Over the past 10 years, this metric has ranged from a low of 73.82 to a high of 180.62. The Software industry median ROC (Joel Greenblatt) % is 20.00. KSK Co's value of 147.90% is 639.5% above this industry median. Based on the distribution chart, KSK Co ranks #500 out of 2814 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, KSK Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KSK Co's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, KSK Co ranks #500 out of 2814 companies for ROC (Joel Greenblatt) %. This places KSK Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.00. KSK Co's value of 147.90% is 639.5% above this benchmark. Historically, KSK Co's own ROC (Joel Greenblatt) % has ranged from 73.82 to 180.62 over the past decade. While the company's 10-year median is 112.08 vs. the industry median of 20.00, KSK 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.00, based on 2,814 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. KSK Co's current ROC (Joel Greenblatt) % of 147.90% is 639.5% 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 KSK Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSK Co's current ROC (Joel Greenblatt) % is 147.90%, which is 32% above median its own 10-year median of 112.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSK Co stock overvalued right now?
Based on GuruFocus' analysis, KSK Co (TSE:9687) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,847.82, compared to a current price of 円4,355.00 — trading 13.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 147.90%, which is 32% above median its 10-year median of 112.08 and 639.5% above the Software industry median of 20.00. KSK Co's overall GF Score™ is 91/100 with 1 warning sign 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 KSK Co (TSE:9687), the current ROC (Joel Greenblatt) % is 147.90% 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 KSK Co (TSE:9687) Overvalued in 2026?
Based on GuruFocus' analysis, KSK Co stock appears to be overvalued.
The current stock price of 円4,355.00 is trading 13.2% above its estimated GF Value™ of 円3,847.82.
GuruFocus considers KSK Co to be Modestly Overvalued.
Key valuation signals for TSE:9687:
ROC (Joel Greenblatt) %: 147.90% (32% above median its 10-year median of 112.08)
GF Value™: 円3,847.82 vs. price of 円4,355.00 (13.2% above fair value)
Industry Position: 639.5% above the Software median (#500 of 2814)
No single metric tells the full story. See the TSE:9687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KSK Co Ltd is a total solutions partner of IT. It provides software development, and customer and data entry services. Its businesses include analog LSI development, middleware/firmware design, web system development, CAD system development, network system integration, computer system integration, data entry business.
91GF Score
Get the complete analysis for TSE:9687
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:9687 has been successfully added to your 
