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.
Creo CoTSE:9698 -0.32%77 ROC (Joel Greenblatt) % is 265.10% as of Mar. 2026, which is 244% above its 10-year median of 77.01. GuruFocus rates TSE:9698 with a GF Score™ of 77/100 and a GF Value™ of 円1,161.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,815 Software companies, Creo Co ranks better than 83.69% 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. Creo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 265.10%.
The historical rank and industry rank for Creo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9698'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 37.98 Med: 77.01 Max: 193.06
Current: 193.06
During the past 13 years, Creo Co's highest ROC (Joel Greenblatt) % was 193.06%. The lowest was 37.98%. And the median was 77.01%.
TSE:9698's ROC (Joel Greenblatt) % is ranked better than 83.69% of 2815
companies
in the Software industry
Industry Median: 19.63
vs TSE:9698: 193.06
Creo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.70% per year.
Creo Co (TSE:9698) 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 Creo 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:9698 vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Creo 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.
Creo Co ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Creo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Creo 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 265.10% mean?
Creo Co (TSE:9698) has a ROC (Joel Greenblatt) % of 265.10% 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 Creo Co and its competitors. This is 244% above median its historical median of 77.01. Over the past decade, Creo Co's ROC (Joel Greenblatt) % has ranged from 37.98 to 193.06. According to the industry distribution chart, Creo Co ranks #459 out of 2815 companies in the Software industry, placing it in the top 16.3%.
Is Creo Co's ROC (Joel Greenblatt) % too high?
Creo Co's current ROC (Joel Greenblatt) % of 265.10% is 244% above median its 10-year median of 77.01. Over the past 10 years, this metric has ranged from a low of 37.98 to a high of 193.06. The Software industry median ROC (Joel Greenblatt) % is 19.63. Creo Co's value of 265.10% is 1250.5% above this industry median. Based on the distribution chart, Creo Co ranks #459 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Creo Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Creo Co's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Creo Co ranks #459 out of 2815 companies for ROC (Joel Greenblatt) %. This places Creo Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. Creo Co's value of 265.10% is 1250.5% above this benchmark. Historically, Creo Co's own ROC (Joel Greenblatt) % has ranged from 37.98 to 193.06 over the past decade. While the company's 10-year median is 77.01 vs. the industry median of 19.63, Creo 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 19.63, based on 2,815 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. Creo Co's current ROC (Joel Greenblatt) % of 265.10% is 1250.5% 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 Creo Co and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creo Co's current ROC (Joel Greenblatt) % is 265.10%, which is 244% above median its own 10-year median of 77.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creo Co stock overvalued right now?
Based on GuruFocus' analysis, Creo Co (TSE:9698) is currently considered Fairly Valued. The stock's GF Value™ is 円1,161.47, compared to a current price of 円1,265.00 — trading 8.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 265.10%, which is 244% above median its 10-year median of 77.01 and 1250.5% above the Software industry median of 19.63. Creo Co's overall GF Score™ is 77/100 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 Creo Co (TSE:9698), the current ROC (Joel Greenblatt) % is 265.10% 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 Creo Co (TSE:9698) Overvalued in 2026?
Based on GuruFocus' analysis, Creo Co stock appears to be overvalued.
The current stock price of 円1,265.00 is trading 8.9% above its estimated GF Value™ of 円1,161.47.
GuruFocus considers Creo Co to be Fairly Valued.
Key valuation signals for TSE:9698:
ROC (Joel Greenblatt) %: 265.10% (244% above median its 10-year median of 77.01)
GF Value™: 円1,161.47 vs. price of 円1,265.00 (8.9% above fair value)
Industry Position: 1250.5% above the Software median (#459 of 2815)
No single metric tells the full story. See the TSE:9698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Creo Co Ltd is a Japanese company engaged in the development of software solutions. It develops information processing systems and provides related services. The services offered by the company are contract development, core system support, development and construction of the website, mission-critical business system development and others.
77GF Score
Get the complete analysis for TSE:9698
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:9698 has been successfully added to your 
