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Aoyama Trading CoFRA:9B7 -0.52%30 ROC (Joel Greenblatt) % is 27.35% as of Mar. 2026, which is 197% above its 10-year median of 9.20. GuruFocus rates FRA:9B7 with a GF Score™ of 30/100 and a GF Value™ of €3.51 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Aoyama Trading Co ranks worse than 54.87% 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. Aoyama Trading Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.35%.
The historical rank and industry rank for Aoyama Trading Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:9B7'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.3 Med: 9.2 Max: 14.89
Current: 9.41
During the past 13 years, Aoyama Trading Co's highest ROC (Joel Greenblatt) % was 14.89%. The lowest was -24.30%. And the median was 9.20%.
FRA:9B7's ROC (Joel Greenblatt) % is ranked worse than 54.87% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 11.64
vs FRA:9B7: 9.41
Aoyama Trading Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Aoyama Trading Co (FRA:9B7) 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.
Aoyama Trading Co ROC (Joel Greenblatt) % Related Terms
Aoyama Trading Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aoyama Trading 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.
FRA:9B7 vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, Aoyama Trading 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.
Aoyama Trading Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aoyama Trading Co's ROC (Joel Greenblatt) % falls into.
Aoyama Trading 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 27.35% mean?
Aoyama Trading Co (FRA:9B7) has a ROC (Joel Greenblatt) % of 27.35% 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 Aoyama Trading Co and its competitors. This is 197% above median its historical median of 9.20. According to the industry distribution chart, Aoyama Trading Co ranks #620 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 54.9%.
Is Aoyama Trading Co's ROC (Joel Greenblatt) % too high?
Aoyama Trading Co's current ROC (Joel Greenblatt) % of 27.35% is 197% above median its 10-year median of 9.20. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. Aoyama Trading Co's value of 27.35% is 135% above this industry median. Based on the distribution chart, Aoyama Trading Co ranks #620 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Aoyama Trading Co has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #620 out of 1130 companies for ROC (Joel Greenblatt) %. This places Aoyama Trading Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. Aoyama Trading Co's value of 27.35% is 135% above this benchmark. While the company's 10-year median is 9.20 vs. the industry median of 11.64, Aoyama Trading 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. Aoyama Trading Co's current ROC (Joel Greenblatt) % of 27.35% is 135% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Trading Co's current ROC (Joel Greenblatt) % is 27.35%, which is 197% above median its own 10-year median of 9.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (FRA:9B7) is currently considered Fairly Valued. The stock's GF Value™ is €3.51, compared to a current price of €3.80 — trading 8.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 27.35%, which is 197% above median its 10-year median of 9.20 and 135% above the Retail - Cyclical industry median of 11.64. Aoyama Trading Co's overall GF Score™ is 30/100 with 3 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 Aoyama Trading Co (FRA:9B7), the current ROC (Joel Greenblatt) % is 27.35% 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 Aoyama Trading Co (FRA:9B7) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued.
The current stock price of €3.80 is trading 8.3% above its estimated GF Value™ of €3.51.
GuruFocus considers Aoyama Trading Co to be Fairly Valued.
Key valuation signals for FRA:9B7:
ROC (Joel Greenblatt) %: 27.35% (197% above median its 10-year median of 9.20)
GF Value™: €3.51 vs. price of €3.80 (8.3% above fair value)
Industry Position: 135% above the Retail - Cyclical median (#620 of 1130)
No single metric tells the full story. See the FRA:9B7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
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