Senshu Electric Co (TSE:9824) ROC (Joel Greenblatt) %: 69.56% (As of Apr. 2026) — 178% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9824 Senshu Electric Co Ltd TSE:9824
94 GF Score
Price 円6,730.00
GF Value 円5,709.76
Valuation Modestly Overvalued
View Full Analysis

What is Senshu Electric Co ROC (Joel Greenblatt) %?

Senshu Electric Co TSE:9824 +4.34% 94 ROC (Joel Greenblatt) % is 69.56% as of Apr. 2026, which is 178% above its 10-year median of 25.03. GuruFocus rates TSE:9824 with a GF Score™ of 94/100 and a GF Value™ of 円5,709.76 (Modestly Overvalued). Among 2,491 Hardware companies, Senshu Electric Co ranks better than 87.07% 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. Senshu Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 69.56%.

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

TSE:9824' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.31   Med: 25.03   Max: 52.62
Current: 49.93

During the past 13 years, Senshu Electric Co's highest ROC (Joel Greenblatt) % was 52.62%. The lowest was 17.31%. And the median was 25.03%.

TSE:9824's ROC (Joel Greenblatt) % is ranked better than
87.07% of 2491 companies
in the Hardware industry
Industry Median: 10.43 vs TSE:9824: 49.93

Senshu Electric Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.80% per year.


Senshu Electric Co  (TSE:9824) 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.


Senshu Electric Co ROC (Joel Greenblatt) % Related Terms


Senshu Electric Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Senshu Electric 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.

Senshu Electric Co ROC (Joel Greenblatt) % Chart

Senshu Electric Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.28 44.94 45.99 52.62 44.57

Senshu Electric Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 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 38.91 40.41 45.32 44.89 69.56

TSE:9824 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison

For the Electronics & Computer Distribution subindustry, Senshu Electric 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.


Senshu Electric Co ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Senshu Electric Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Senshu Electric Co's ROC (Joel Greenblatt) % falls into.


TSE:9824
94GF Score
Senshu Electric Co Ltd TSE:9824
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Senshu Electric 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:

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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21912 + 9320 + 12792) - (50844 + 0 + 2606)
=-9426

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23507 + 10304 + 13395) - (56396 + 0 + 2508)
=-11698

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Senshu Electric Co for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15308/( ( (22098 + max(-9426, 0)) + (21918 + max(-11698, 0)) )/ 2 )
=15308/( ( 22098 + 21918 )/ 2 )
=15308/22008
=69.56 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 69.56% mean?
Senshu Electric Co (TSE:9824) has a ROC (Joel Greenblatt) % of 69.56% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Senshu Electric Co and its competitors. This is 178% above median its historical median of 25.03. Over the past decade, Senshu Electric Co's ROC (Joel Greenblatt) % has ranged from 17.31 to 52.62. According to the industry distribution chart, Senshu Electric Co ranks #322 out of 2491 companies in the Hardware industry, placing it in the top 12.9%.
Is Senshu Electric Co's ROC (Joel Greenblatt) % too high?
Senshu Electric Co's current ROC (Joel Greenblatt) % of 69.56% is 178% above median its 10-year median of 25.03. Over the past 10 years, this metric has ranged from a low of 17.31 to a high of 52.62. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. Senshu Electric Co's value of 69.56% is 566.9% above this industry median. Based on the distribution chart, Senshu Electric Co ranks #322 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Senshu Electric Co has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Senshu Electric Co's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Senshu Electric Co ranks #322 out of 2491 companies for ROC (Joel Greenblatt) %. This places Senshu Electric Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.43. Senshu Electric Co's value of 69.56% is 566.9% above this benchmark. Historically, Senshu Electric Co's own ROC (Joel Greenblatt) % has ranged from 17.31 to 52.62 over the past decade. While the company's 10-year median is 25.03 vs. the industry median of 10.43, Senshu Electric 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.43, based on 2,491 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. Senshu Electric Co's current ROC (Joel Greenblatt) % of 69.56% is 566.9% 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 Senshu Electric Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Senshu Electric Co's current ROC (Joel Greenblatt) % is 69.56%, which is 178% above median its own 10-year median of 25.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senshu Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Senshu Electric Co (TSE:9824) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,709.76, compared to a current price of 円6,730.00 — trading 17.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 69.56%, which is 178% above median its 10-year median of 25.03 and 566.9% above the Hardware industry median of 10.43. Senshu Electric Co's overall GF Score™ is 94/100. 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 Senshu Electric Co (TSE:9824), the current ROC (Joel Greenblatt) % is 69.56% as of Apr. 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 Senshu Electric Co (TSE:9824) Overvalued in 2026?

Based on GuruFocus' analysis, Senshu Electric Co stock appears to be overvalued. The current stock price of 円6,730.00 is trading 17.9% above its estimated GF Value™ of 円5,709.76. GuruFocus considers Senshu Electric Co to be Modestly Overvalued.

Key valuation signals for TSE:9824:

  • ROC (Joel Greenblatt) %: 69.56% (178% above median its 10-year median of 25.03)
  • GF Value™: 円5,709.76 vs. price of 円6,730.00 (17.9% above fair value)
  • GF Score™: 94/100
  • Industry Position: 566.9% above the Hardware median (#322 of 2491)

No single metric tells the full story. See the TSE:9824 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Senshu Electric Co Business Description

Address 1-4-21 Minami-Kaneden, Osaka Prefecture, Suita, JPN, 564-0044
Senshu Electric Co Ltd is a general trading company in the electric cable industry. It sells various electric wires, cables, and other materials related to electrical work. Manufacturing and sale of electronic control devices and equipment, sales and installation of air conditioning equipment, and sales and installation of home electrical appliances and office equipment. Its products portfolio includes Robot cables, Control cables, Global cables, Network cables, Other cables, and Accessories.
94GF Score

Get the complete analysis for TSE:9824

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

円6,730.00
Price
円5,709.76
GF Value