Computer Engineeringnsulting (TSE:9692) ROC (Joel Greenblatt) %: 80.46% (As of Jan. 2026) — 53% Above Median

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TSE:9692 Computer Engineering & Consulting Ltd TSE:9692
91 GF Score
Price 円2,229.00
GF Value 円2,529.30
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Computer Engineeringnsulting ROC (Joel Greenblatt) %?

Computer Engineeringnsulting TSE:9692 +0.54% 91 ROC (Joel Greenblatt) % is 80.46% as of Jan. 2026, which is 53% above its 10-year median of 52.56. GuruFocus rates TSE:9692 with a GF Score™ of 91/100 and a GF Value™ of 円2,529.30 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,816 Software companies, Computer Engineeringnsulting ranks better than 69.96% 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. Computer Engineeringnsulting's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 80.46%.

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

TSE:9692' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.48   Med: 52.56   Max: 85.31
Current: 85.31

During the past 13 years, Computer Engineeringnsulting's highest ROC (Joel Greenblatt) % was 85.31%. The lowest was 25.48%. And the median was 52.56%.

TSE:9692's ROC (Joel Greenblatt) % is ranked better than
69.96% of 2816 companies
in the Software industry
Industry Median: 20.03 vs TSE:9692: 85.31

Computer Engineeringnsulting's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.00% per year.


Computer Engineeringnsulting  (TSE:9692) 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.


Computer Engineeringnsulting ROC (Joel Greenblatt) % Related Terms


Computer Engineeringnsulting ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Computer Engineeringnsulting'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.

Computer Engineeringnsulting ROC (Joel Greenblatt) % Chart

Computer Engineeringnsulting Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.71 64.41 59.22 54.06 69.39

Computer Engineeringnsulting Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 72.36 73.16 78.24 80.46 103.72

TSE:9692 vs UBER, SHOP, CRM: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Computer Engineeringnsulting'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.


Computer Engineeringnsulting ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Computer Engineeringnsulting's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9692
91GF Score
Computer Engineering & Consulting Ltd TSE:9692
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Computer Engineeringnsulting 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10225 + 2101 + 1593) - (3808 + 0 + 7296)
=2815

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13613 + 5765 + 1624) - (8552 + 0 + 8494)
=3956

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Computer Engineeringnsulting for the quarter that ended in Jan. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8200/( ( (6761 + max(2815, 0)) + (6851 + max(3956, 0)) )/ 2 )
=8200/( ( 9576 + 10807 )/ 2 )
=8200/10191.5
=80.46 %

Note: The EBIT data used here is four times the quarterly (Jan. 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 80.46% mean?
Computer Engineeringnsulting (TSE:9692) has a ROC (Joel Greenblatt) % of 80.46% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Computer Engineeringnsulting and its competitors. This is 53% above median its historical median of 52.56. Over the past decade, Computer Engineeringnsulting's ROC (Joel Greenblatt) % has ranged from 25.48 to 85.31. According to the industry distribution chart, Computer Engineeringnsulting ranks #846 out of 2816 companies in the Software industry, placing it in the top 30%.
Is Computer Engineeringnsulting's ROC (Joel Greenblatt) % too high?
Computer Engineeringnsulting's current ROC (Joel Greenblatt) % of 80.46% is 53% above median its 10-year median of 52.56. Over the past 10 years, this metric has ranged from a low of 25.48 to a high of 85.31. The Software industry median ROC (Joel Greenblatt) % is 20.03. Computer Engineeringnsulting's value of 80.46% is 301.7% above this industry median. Based on the distribution chart, Computer Engineeringnsulting ranks #846 out of 2816 companies in the Software industry, which is above the industry midpoint. Overall, Computer Engineeringnsulting has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Computer Engineeringnsulting's ROC (Joel Greenblatt) % compare to UBER and SHOP?
According to the Software industry distribution chart, Computer Engineeringnsulting ranks #846 out of 2816 companies for ROC (Joel Greenblatt) %. This puts Computer Engineeringnsulting in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.03. Computer Engineeringnsulting's value of 80.46% is 301.7% above this benchmark. Historically, Computer Engineeringnsulting's own ROC (Joel Greenblatt) % has ranged from 25.48 to 85.31 over the past decade. While the company's 10-year median is 52.56 vs. the industry median of 20.03, Computer Engineeringnsulting 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 20.03, based on 2,816 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. Computer Engineeringnsulting's current ROC (Joel Greenblatt) % of 80.46% is 301.7% 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 Computer Engineeringnsulting and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computer Engineeringnsulting's current ROC (Joel Greenblatt) % is 80.46%, which is 53% above median its own 10-year median of 52.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Engineeringnsulting stock overvalued right now?
Based on GuruFocus' analysis, Computer Engineeringnsulting (TSE:9692) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,529.30, compared to a current price of 円2,229.00 — trading 11.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 80.46%, which is 53% above median its 10-year median of 52.56 and 301.7% above the Software industry median of 20.03. Computer Engineeringnsulting'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 Computer Engineeringnsulting (TSE:9692), the current ROC (Joel Greenblatt) % is 80.46% as of Jan. 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 Computer Engineeringnsulting (TSE:9692) Overvalued in 2026?

Based on GuruFocus' analysis, Computer Engineeringnsulting stock appears to be undervalued. The current stock price of 円2,229.00 is trading 11.9% below its estimated GF Value™ of 円2,529.30. GuruFocus considers Computer Engineeringnsulting to be Modestly Undervalued.

Key valuation signals for TSE:9692:

  • ROC (Joel Greenblatt) %: 80.46% (53% above median its 10-year median of 52.56)
  • GF Value™: 円2,529.30 vs. price of 円2,229.00 (11.9% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 301.7% above the Software median (#846 of 2816)

No single metric tells the full story. See the TSE:9692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Computer Engineeringnsulting Business Description

Address 1-5-5 Ebisu Minami, Japan JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022
Computer Engineering & Consulting Ltd. is a Japan-based company engaged in software development, information technology (IT) management, and verification services. The company's business segment includes: Integration Segment - offers a one-stop service for all aspects of ICT, from planning information systems to infrastructure design, construction, and operation, focusing on traditional system development. Connected Segment- provide system development in the mobility and smart factory sectors, as well as services that analyze and utilize digital data. Solution Segment - Leveraging security technology and data centers, providing products and services to diverse sectors.
91GF Score

Get the complete analysis for TSE:9692

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

円2,229.00
Price
円2,529.30
GF Value