TYGIF (Toyo Gosei Co) ROC (Joel Greenblatt) %: 13.48% (As of Mar. 2026) — 53% Above Median

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TYGIF Toyo Gosei Co Ltd TYGIF
77 GF Score
Price $32.74
GF Value $20.11
! 5 Warning Signs
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What is Toyo Gosei Co ROC (Joel Greenblatt) %?

Toyo Gosei Co TYGIF -31.79% 77 ROC (Joel Greenblatt) % is 13.48% as of Mar. 2026, which is 53% above its 10-year median of 8.83. GuruFocus rates TYGIF with a GF Score™ of 77/100 and a GF Value™ of $20.11. The stock has 5 warning signs investors should review. Among 1,604 Chemicals companies, Toyo Gosei Co ranks worse than 54.8% 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. Toyo Gosei Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.48%.

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

TYGIF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.53   Med: 8.83   Max: 15.88
Current: 7.96

During the past 13 years, Toyo Gosei Co's highest ROC (Joel Greenblatt) % was 15.88%. The lowest was 1.53%. And the median was 8.83%.

TYGIF's ROC (Joel Greenblatt) % is ranked worse than
54.8% of 1604 companies
in the Chemicals industry
Industry Median: 9.565 vs TYGIF: 7.96

Toyo Gosei Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.40% per year.


Toyo Gosei Co  (OTCPK:TYGIF) 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.


Toyo Gosei Co ROC (Joel Greenblatt) % Related Terms


Toyo Gosei Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Toyo Gosei 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.

Toyo Gosei Co ROC (Joel Greenblatt) % Chart

Toyo Gosei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.21 14.63 8.46 9.16 7.70

Toyo Gosei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.96 3.11 5.03 9.75 13.48

TYGIF vs DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Toyo Gosei 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.


Toyo Gosei Co ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Gosei Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TYGIF
77GF Score
Toyo Gosei Co Ltd TYGIF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Gosei 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.095 + 75.535 + 4.759) - (43.075 + 0 + 14.777)
=79.537

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.795 + 73.795 + 4.587) - (50.51 + 0 + 12.118)
=73.549

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Toyo Gosei Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.048/( ( (235.648 + max(79.537, 0)) + (235.048 + max(73.549, 0)) )/ 2 )
=42.048/( ( 315.185 + 308.597 )/ 2 )
=42.048/311.891
=13.48 %

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 13.48% mean?
Toyo Gosei Co (TYGIF) has a ROC (Joel Greenblatt) % of 13.48% 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 Toyo Gosei Co and its competitors. This is 53% above median its historical median of 8.83. Over the past decade, Toyo Gosei Co's ROC (Joel Greenblatt) % has ranged from 1.53 to 15.88. According to the industry distribution chart, Toyo Gosei Co ranks #879 out of 1604 companies in the Chemicals industry, placing it in the top 54.8%.
Is Toyo Gosei Co's ROC (Joel Greenblatt) % too high?
Toyo Gosei Co's current ROC (Joel Greenblatt) % of 13.48% is 53% above median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 15.88. The Chemicals industry median ROC (Joel Greenblatt) % is 9.57. Toyo Gosei Co's value of 13.48% is 40.9% above this industry median. Based on the distribution chart, Toyo Gosei Co ranks #879 out of 1604 companies in the Chemicals industry, which is below the industry midpoint. Overall, Toyo Gosei Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Gosei Co's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Toyo Gosei Co ranks #879 out of 1604 companies for ROC (Joel Greenblatt) %. This places Toyo Gosei Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.57. Toyo Gosei Co's value of 13.48% is 40.9% above this benchmark. Historically, Toyo Gosei Co's own ROC (Joel Greenblatt) % has ranged from 1.53 to 15.88 over the past decade. While the company's 10-year median is 8.83 vs. the industry median of 9.57, Toyo Gosei 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.57, based on 1,604 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. Toyo Gosei Co's current ROC (Joel Greenblatt) % of 13.48% is 40.9% 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 Toyo Gosei Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Gosei Co's current ROC (Joel Greenblatt) % is 13.48%, which is 53% above median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Gosei Co stock overvalued right now?
Toyo Gosei Co (TYGIF) has a current ROC (Joel Greenblatt) % of 13.48%. The stock's GF Value™ is $20.11, compared to a current price of $32.74 — trading 62.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.48%, which is 53% above median its 10-year median of 8.83 and 40.9% above the Chemicals industry median of 9.57. Toyo Gosei Co's overall GF Score™ is 77/100 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 Toyo Gosei Co (TYGIF), the current ROC (Joel Greenblatt) % is 13.48% 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 Toyo Gosei Co (TYGIF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Gosei Co stock appears to be overvalued. The current stock price of $32.74 is trading 62.8% above its estimated GF Value™ of $20.11.

Key valuation signals for TYGIF:

  • ROC (Joel Greenblatt) %: 13.48% (53% above median its 10-year median of 8.83)
  • GF Value™: $20.11 vs. price of $32.74 (62.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 40.9% above the Chemicals median (#879 of 1604)

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


Toyo Gosei Co Business Description

Other Exchanges 4970:Japan
Address 1-22-16, Asakusabashi Taito-ku, Hulic Asakusabashi Building, 8th Floor, Tokyo, JPN, 111-0053
Toyo Gosei Co Ltd is divided into Photosensitive materials, Green chemical, Energy, Aroma Chemical, and Logistics. Photosensitive materials include manufacturing of photoresist-type materials vital to semiconductors, LCD displays, and plasma displays. Green chemical involves recycling, purification and separation of waste solvents, Energy includes manufacturing of ionic liquids and electrolytes for lithium ion secondary batteries and double layer capacitors. Aroma chemical comprises of manufacturing and sale of materials for the fragrance and flavoring industries and Logistics involves support from storage to transport of dangerous substance.
77GF Score

Get the complete analysis for TYGIF

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

$32.74
Price
$20.11
GF Value