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JBCC HoldingsTSE:9889 +1.08%87 ROC (Joel Greenblatt) % is 165.33% as of Mar. 2026, which is 97% above its 10-year median of 83.99. GuruFocus rates TSE:9889 with a GF Score™ of 87/100 and a GF Value™ of 円1,300.44 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,815 Software companies, JBCC Holdings ranks better than 79.43% 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. JBCC Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 165.33%.
The historical rank and industry rank for JBCC Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9889'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.29 Med: 83.99 Max: 508.58
Current: 152
During the past 13 years, JBCC Holdings's highest ROC (Joel Greenblatt) % was 508.58%. The lowest was 31.29%. And the median was 83.99%.
TSE:9889's ROC (Joel Greenblatt) % is ranked better than 79.43% of 2815
companies
in the Software industry
Industry Median: 19.63
vs TSE:9889: 152.00
JBCC Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 55.70% 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.
JBCC Holdings ROC (Joel Greenblatt) % Related Terms
JBCC Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for JBCC Holdings'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:9889 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, JBCC Holdings'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.
JBCC Holdings ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, JBCC Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where JBCC Holdings'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 four times the quarterly (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 165.33% mean?
JBCC Holdings (TSE:9889) has a ROC (Joel Greenblatt) % of 165.33% 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 JBCC Holdings and its competitors. This is 97% above median its historical median of 83.99. Over the past decade, JBCC Holdings' ROC (Joel Greenblatt) % has ranged from 31.29 to 508.58. According to the industry distribution chart, JBCC Holdings ranks #579 out of 2815 companies in the Software industry, placing it in the top 20.6%.
Is JBCC Holdings' ROC (Joel Greenblatt) % too high?
JBCC Holdings' current ROC (Joel Greenblatt) % of 165.33% is 97% above median its 10-year median of 83.99. Over the past 10 years, this metric has ranged from a low of 31.29 to a high of 508.58. The Software industry median ROC (Joel Greenblatt) % is 19.63. JBCC Holdings' value of 165.33% is 742.2% above this industry median. Based on the distribution chart, JBCC Holdings ranks #579 out of 2815 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, JBCC Holdings has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JBCC Holdings' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, JBCC Holdings ranks #579 out of 2815 companies for ROC (Joel Greenblatt) %. This places JBCC Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.63. JBCC Holdings' value of 165.33% is 742.2% above this benchmark. Historically, JBCC Holdings' own ROC (Joel Greenblatt) % has ranged from 31.29 to 508.58 over the past decade. While the company's 10-year median is 83.99 vs. the industry median of 19.63, JBCC Holdings 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. JBCC Holdings's current ROC (Joel Greenblatt) % of 165.33% is 742.2% 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 JBCC Holdings 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. JBCC Holdings's current ROC (Joel Greenblatt) % is 165.33%, which is 97% above median its own 10-year median of 83.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBCC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JBCC Holdings (TSE:9889) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,300.44, compared to a current price of 円1,683.00 — trading 29.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 165.33%, which is 97% above median its 10-year median of 83.99 and 742.2% above the Software industry median of 19.63. JBCC Holdings' overall GF Score™ is 87/100 with 2 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 JBCC Holdings (TSE:9889), the current ROC (Joel Greenblatt) % is 165.33% 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 JBCC Holdings (TSE:9889) Overvalued in 2026?
Based on GuruFocus' analysis, JBCC Holdings stock appears to be overvalued.
The current stock price of 円1,683.00 is trading 29.4% above its estimated GF Value™ of 円1,300.44.
GuruFocus considers JBCC Holdings to be Modestly Overvalued.
Key valuation signals for TSE:9889:
ROC (Joel Greenblatt) %: 165.33% (97% above median its 10-year median of 83.99)
GF Value™: 円1,300.44 vs. price of 円1,683.00 (29.4% above fair value)
Industry Position: 742.2% above the Software median (#579 of 2815)
No single metric tells the full story. See the TSE:9889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JBCC Holdings Inc provides various information technology (IT) related services. Its services include consulting, application development, system integration, operation, maintenance, monitoring, outsourcing and among others. The company develops and markets own software solutions, printing systems, and security-related solutions, and it also provides optimally customized hardware.
87GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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