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Nagase BrothersTSE:9733 -1.06%79 ROC (Joel Greenblatt) % is 19.98% as of Mar. 2026, which is 33% above its 10-year median of 15.02. GuruFocus rates TSE:9733 with a GF Score™ of 79/100 and a GF Value™ of 円2,345.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 263 Education companies, Nagase Brothers ranks worse than 51.71% 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. Nagase Brothers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.98%.
The historical rank and industry rank for Nagase Brothers's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9733'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.34 Med: 15.02 Max: 19.78
Current: 17.19
During the past 13 years, Nagase Brothers's highest ROC (Joel Greenblatt) % was 19.78%. The lowest was 7.34%. And the median was 15.02%.
TSE:9733's ROC (Joel Greenblatt) % is ranked worse than 51.71% of 263
companies
in the Education industry
Industry Median: 18.42
vs TSE:9733: 17.19
Nagase Brothers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.20% per year.
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.
Nagase Brothers ROC (Joel Greenblatt) % Related Terms
Nagase Brothers ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Nagase Brothers'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:9733 vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, Nagase Brothers'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.
Nagase Brothers ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, Nagase Brothers's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nagase Brothers'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 19.98% mean?
Nagase Brothers (TSE:9733) has a ROC (Joel Greenblatt) % of 19.98% 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 Nagase Brothers and its competitors. This is 33% above median its historical median of 15.02. Over the past decade, Nagase Brothers' ROC (Joel Greenblatt) % has ranged from 7.34 to 19.78. According to the industry distribution chart, Nagase Brothers ranks #136 out of 263 companies in the Education industry, placing it in the top 51.7%.
Is Nagase Brothers' ROC (Joel Greenblatt) % too high?
Nagase Brothers' current ROC (Joel Greenblatt) % of 19.98% is 33% above median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 19.78. The Education industry median ROC (Joel Greenblatt) % is 18.42. Nagase Brothers' value of 19.98% is 8.5% above this industry median. Based on the distribution chart, Nagase Brothers ranks #136 out of 263 companies in the Education industry, which is below the industry midpoint. Overall, Nagase Brothers has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nagase Brothers' ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, Nagase Brothers ranks #136 out of 263 companies for ROC (Joel Greenblatt) %. This places Nagase Brothers in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 18.42. Nagase Brothers' value of 19.98% is 8.5% above this benchmark. Historically, Nagase Brothers' own ROC (Joel Greenblatt) % has ranged from 7.34 to 19.78 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 18.42, Nagase Brothers 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.42, based on 263 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. Nagase Brothers's current ROC (Joel Greenblatt) % of 19.98% is 8.5% 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 Nagase Brothers and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase Brothers's current ROC (Joel Greenblatt) % is 19.98%, which is 33% above median its own 10-year median of 15.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase Brothers stock overvalued right now?
Based on GuruFocus' analysis, Nagase Brothers (TSE:9733) is currently considered Fairly Valued. The stock's GF Value™ is 円2,345.66, compared to a current price of 円2,343.00 — trading 0.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.98%, which is 33% above median its 10-year median of 15.02 and 8.5% above the Education industry median of 18.42. Nagase Brothers' overall GF Score™ is 79/100 with 5 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 Nagase Brothers (TSE:9733), the current ROC (Joel Greenblatt) % is 19.98% 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 Nagase Brothers (TSE:9733) Overvalued in 2026?
Based on GuruFocus' analysis, Nagase Brothers stock appears to be undervalued.
The current stock price of 円2,343.00 is trading 0.1% below its estimated GF Value™ of 円2,345.66.
GuruFocus considers Nagase Brothers to be Fairly Valued.
Key valuation signals for TSE:9733:
ROC (Joel Greenblatt) %: 19.98% (33% above median its 10-year median of 15.02)
GF Value™: 円2,345.66 vs. price of 円2,343.00 (0.1% below fair value)
Industry Position: 8.5% above the Education median (#136 of 263)
No single metric tells the full story. See the TSE:9733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.
79GF Score
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