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Yamato Kogyo CoYMTKF 80 ROC (Joel Greenblatt) % is 75.51% as of Mar. 2026, which is 150% above its 10-year median of 30.23. GuruFocus rates YMTKF with a GF Score™ of 80/100 and a GF Value™ of $33.18. The stock has 8 warning signs investors should review. Among 632 Steel companies, Yamato Kogyo Co ranks better than 95.09% 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. Yamato Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 75.51%.
The historical rank and industry rank for Yamato Kogyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
YMTKF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.27 Med: 30.23 Max: 82.17
Current: 46.73
During the past 13 years, Yamato Kogyo Co's highest ROC (Joel Greenblatt) % was 82.17%. The lowest was 8.27%. And the median was 30.23%.
YMTKF's ROC (Joel Greenblatt) % is ranked better than 95.09% of 632
companies
in the Steel industry
Industry Median: 7.14
vs YMTKF: 46.73
Yamato Kogyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 17.20% per year.
Yamato Kogyo Co (OTCPK:YMTKF) 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.
Yamato Kogyo Co ROC (Joel Greenblatt) % Related Terms
Yamato Kogyo Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Yamato Kogyo 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.
YMTKF vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Yamato Kogyo 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.
Yamato Kogyo Co ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Yamato Kogyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yamato Kogyo Co's ROC (Joel Greenblatt) % falls into.
Yamato Kogyo 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 (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 75.51% mean?
Yamato Kogyo Co (YMTKF) has a ROC (Joel Greenblatt) % of 75.51% 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 Yamato Kogyo Co and its competitors. This is 150% above median its historical median of 30.23. Over the past decade, Yamato Kogyo Co's ROC (Joel Greenblatt) % has ranged from 8.27 to 82.17. According to the industry distribution chart, Yamato Kogyo Co ranks #31 out of 632 companies in the Steel industry, placing it in the top 4.9%.
Is Yamato Kogyo Co's ROC (Joel Greenblatt) % too high?
Yamato Kogyo Co's current ROC (Joel Greenblatt) % of 75.51% is 150% above median its 10-year median of 30.23. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 82.17. The Steel industry median ROC (Joel Greenblatt) % is 7.14. Yamato Kogyo Co's value of 75.51% is 957.6% above this industry median. Based on the distribution chart, Yamato Kogyo Co ranks #31 out of 632 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Yamato Kogyo Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Yamato Kogyo Co's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Yamato Kogyo Co ranks #31 out of 632 companies for ROC (Joel Greenblatt) %. This places Yamato Kogyo Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.14. Yamato Kogyo Co's value of 75.51% is 957.6% above this benchmark. Historically, Yamato Kogyo Co's own ROC (Joel Greenblatt) % has ranged from 8.27 to 82.17 over the past decade. While the company's 10-year median is 30.23 vs. the industry median of 7.14, Yamato Kogyo 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.14, based on 632 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. Yamato Kogyo Co's current ROC (Joel Greenblatt) % of 75.51% is 957.6% 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 Yamato Kogyo Co and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamato Kogyo Co's current ROC (Joel Greenblatt) % is 75.51%, which is 150% above median its own 10-year median of 30.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamato Kogyo Co stock overvalued right now?
Yamato Kogyo Co (YMTKF) has a current ROC (Joel Greenblatt) % of 75.51%. The stock's GF Value™ is $33.18, compared to a current price of $50.41 — trading 51.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 75.51%, which is 150% above median its 10-year median of 30.23 and 957.6% above the Steel industry median of 7.14. Yamato Kogyo Co's overall GF Score™ is 80/100 with 8 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 Yamato Kogyo Co (YMTKF), the current ROC (Joel Greenblatt) % is 75.51% 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 Yamato Kogyo Co (YMTKF) Overvalued in 2026?
Based on GuruFocus' analysis, Yamato Kogyo Co stock appears to be overvalued.
The current stock price of $50.41 is trading 51.9% above its estimated GF Value™ of $33.18.
Key valuation signals for YMTKF:
ROC (Joel Greenblatt) %: 75.51% (150% above median its 10-year median of 30.23)
GF Value™: $33.18 vs. price of $50.41 (51.9% above fair value)
Industry Position: 957.6% above the Steel median (#31 of 632)
No single metric tells the full story. See the YMTKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamato Kogyo Co Ltd is engaged in the iron and steel business. The company operates through four reportable segments: Iron and Steel Business (Japan), Iron and Steel Business (Thailand), Iron and Steel Business (Indonesia), and Railway Supplies Business. The Japanese segment handles H-beams, channel steel, steel sheet piles, and shipbuilding steel; the Thailand segment produces H-shaped steel and steel angle; the Indonesian segment manufactures H-beams and equal-leg angle steel; while the Railway Supplies segment provides turnouts, expansion joints, insulated rails, and derailment prevention guards.
80GF Score
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