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.
Central Security Patrols CoTSE:9740 -0.67%65 ROC (Joel Greenblatt) % is 18.50% as of Feb. 2026, which is 38% below its 10-year median of 29.90. GuruFocus rates TSE:9740 with a GF Score™ of 65/100 and a GF Value™ of 円3,172.68 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,081 Business Services companies, Central Security Patrols Co ranks better 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. Central Security Patrols Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 18.50%.
The historical rank and industry rank for Central Security Patrols Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9740'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.83 Med: 29.9 Max: 55.19
Current: 23.17
During the past 13 years, Central Security Patrols Co's highest ROC (Joel Greenblatt) % was 55.19%. The lowest was 16.83%. And the median was 29.90%.
TSE:9740's ROC (Joel Greenblatt) % is ranked better than 51.71% of 1081
companies
in the Business Services industry
Industry Median: 21.22
vs TSE:9740: 23.17
Central Security Patrols Co (TSE:9740) 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.
* 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.
Central Security Patrols Co ROC (Joel Greenblatt) % Chart
TSE:9740 vs ALLE, MSA, ADT: ROC (Joel Greenblatt) % Comparison
For the Security & Protection Services subindustry, Central Security Patrols 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.
Central Security Patrols Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Central Security Patrols Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Central Security Patrols Co's ROC (Joel Greenblatt) % falls into.
Central Security Patrols Co 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:
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 (Feb. 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 18.50% mean?
Central Security Patrols Co (TSE:9740) has a ROC (Joel Greenblatt) % of 18.50% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Central Security Patrols Co and its competitors. This is 38% below median its historical median of 29.90. Over the past decade, Central Security Patrols Co's ROC (Joel Greenblatt) % has ranged from 16.83 to 55.19. According to the industry distribution chart, Central Security Patrols Co ranks #522 out of 1081 companies in the Business Services industry, placing it in the top 48.3%.
Is Central Security Patrols Co's ROC (Joel Greenblatt) % too high?
Central Security Patrols Co's current ROC (Joel Greenblatt) % of 18.50% is 38% below median its 10-year median of 29.90. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 55.19. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. Central Security Patrols Co's value of 18.50% is 12.8% below this industry median. Based on the distribution chart, Central Security Patrols Co ranks #522 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, Central Security Patrols Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Security Patrols Co's ROC (Joel Greenblatt) % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Central Security Patrols Co ranks #522 out of 1081 companies for ROC (Joel Greenblatt) %. This puts Central Security Patrols Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. Central Security Patrols Co's value of 18.50% is 12.8% below this benchmark. Historically, Central Security Patrols Co's own ROC (Joel Greenblatt) % has ranged from 16.83 to 55.19 over the past decade. While the company's 10-year median is 29.90 vs. the industry median of 21.22, Central Security Patrols 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 21.22, based on 1,081 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. Central Security Patrols Co's current ROC (Joel Greenblatt) % of 18.50% is 12.8% 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 Central Security Patrols Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Security Patrols Co's current ROC (Joel Greenblatt) % is 18.50%, which is 38% below median its own 10-year median of 29.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Security Patrols Co stock overvalued right now?
Based on GuruFocus' analysis, Central Security Patrols Co (TSE:9740) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,172.68, compared to a current price of 円2,798.00 — trading 11.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.50%, which is 38% below median its 10-year median of 29.90 and 12.8% below the Business Services industry median of 21.22. Central Security Patrols Co's overall GF Score™ is 65/100 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 Central Security Patrols Co (TSE:9740), the current ROC (Joel Greenblatt) % is 18.50% as of Feb. 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 Central Security Patrols Co (TSE:9740) Overvalued in 2026?
Based on GuruFocus' analysis, Central Security Patrols Co stock appears to be undervalued.
The current stock price of 円2,798.00 is trading 11.8% below its estimated GF Value™ of 円3,172.68.
GuruFocus considers Central Security Patrols Co to be Modestly Undervalued.
Key valuation signals for TSE:9740:
ROC (Joel Greenblatt) %: 18.50% (38% below median its 10-year median of 29.90)
GF Value™: 円3,172.68 vs. price of 円2,798.00 (11.8% below fair value)
Industry Position: 12.8% below the Business Services median (#522 of 1081)
No single metric tells the full story. See the TSE:9740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Security Patrols Co Ltd provides security services in Japan. The company provides manned guarding, machine security, online security, home security, transport security, and surveillance cameras. The company also develops and sells information security systems and cryptographic technology software.
65GF Score
Get the complete analysis for TSE:9740
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:9740 has been successfully added to your 
