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Hasegawa CoFSE:8230 65 ROC (Joel Greenblatt) % is 12.39% as of Mar. 2026, which is 45% below its 10-year median of 22.72. GuruFocus rates FSE:8230 with a GF Score™ of 65/100 and a GF Value™ of 円339.71. The stock has 7 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Hasegawa Co ranks worse than 50.04% 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. Hasegawa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.39%.
The historical rank and industry rank for Hasegawa Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FSE:8230'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32.18 Med: 22.72 Max: 62.54
Current: 11.63
During the past 13 years, Hasegawa Co's highest ROC (Joel Greenblatt) % was 62.54%. The lowest was -32.18%. And the median was 22.72%.
FSE:8230's ROC (Joel Greenblatt) % is ranked worse than 50.04% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 11.63
vs FSE:8230: 11.63
Hasegawa Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.50% per year.
Hasegawa Co (FSE:8230) 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.
Hasegawa Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hasegawa 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.
FSE:8230 vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, Hasegawa 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.
Hasegawa Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hasegawa Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hasegawa Co'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 two times the semi-annual (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 12.39% mean?
Hasegawa Co (FSE:8230) has a ROC (Joel Greenblatt) % of 12.39% 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 Hasegawa Co and its competitors. This is 45% below median its historical median of 22.72. According to the industry distribution chart, Hasegawa Co ranks #565 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 50%.
Is Hasegawa Co's ROC (Joel Greenblatt) % too high?
Hasegawa Co's current ROC (Joel Greenblatt) % of 12.39% is 45% below median its 10-year median of 22.72. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. Hasegawa Co's value of 12.39% is 6.5% above this industry median. Based on the distribution chart, Hasegawa Co ranks #565 out of 1129 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Hasegawa Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Hasegawa Co's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Hasegawa Co ranks #565 out of 1129 companies for ROC (Joel Greenblatt) %. This puts Hasegawa Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.63. Hasegawa Co's value of 12.39% is 6.5% above this benchmark. While the company's 10-year median is 22.72 vs. the industry median of 11.63, Hasegawa 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 11.63, based on 1,129 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. Hasegawa Co's current ROC (Joel Greenblatt) % of 12.39% is 6.5% 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 Hasegawa Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hasegawa Co's current ROC (Joel Greenblatt) % is 12.39%, which is 45% below median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hasegawa Co stock overvalued right now?
Hasegawa Co (FSE:8230) has a current ROC (Joel Greenblatt) % of 12.39%. The stock's GF Value™ is 円339.71, compared to a current price of 円328.00 — trading 3.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.39%, which is 45% below median its 10-year median of 22.72 and 6.5% above the Retail - Cyclical industry median of 11.63. Hasegawa Co's overall GF Score™ is 65/100 with 7 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 Hasegawa Co (FSE:8230), the current ROC (Joel Greenblatt) % is 12.39% 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 Hasegawa Co (FSE:8230) Overvalued in 2026?
Based on GuruFocus' analysis, Hasegawa Co stock appears to be undervalued.
The current stock price of 円328.00 is trading 3.4% below its estimated GF Value™ of 円339.71.
Key valuation signals for FSE:8230:
ROC (Joel Greenblatt) %: 12.39% (45% below median its 10-year median of 22.72)
GF Value™: 円339.71 vs. price of 円328.00 (3.4% below fair value)
Industry Position: 6.5% above the Retail - Cyclical median (#565 of 1129)
No single metric tells the full story. See the FSE:8230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hasegawa Co Ltd is a Japan-based company primarily engaged in three business segments: Buddhist Altars & Tombstones, Cemetery Sales, and Food, Beverages & Miscellaneous Goods. The company organizes its operations based on product and service lines. Sales of Buddhist altars and tombstones are further divided geographically into Eastern and Western Japan. The Cemetery Sales segment handles contracted sales of cemetery plots, while the Food, Beverages & Miscellaneous Goods segment is engaged in retail sales of related products. It generates the majority of its revenue from the Buddhist Altars & Tombstones segment.
65GF Score
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