HSKCF (HASEKO) ROC (Joel Greenblatt) %: 20.47% (As of Mar. 2026) — Near Median


HSKCF HASEKO Corp HSKCF
80 GF Score
Price $17.62
GF Value $10.25
Valuation Significantly Overvalued
! 3 Warning Signs
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What is HASEKO ROC (Joel Greenblatt) %?

HASEKO HSKCF +2.35% 80 ROC (Joel Greenblatt) % is 20.47% as of Mar. 2026, which is 2% below its 10-year median of 20.81. GuruFocus rates HSKCF with a GF Score™ of 80/100 and a GF Value™ of $10.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 96 Homebuilding & Construction companies, HASEKO ranks better than 62.5% 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. HASEKO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.47%.

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

HSKCF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.51   Med: 20.81   Max: 62.83
Current: 15.79

During the past 13 years, HASEKO's highest ROC (Joel Greenblatt) % was 62.83%. The lowest was 11.51%. And the median was 20.81%.

HSKCF's ROC (Joel Greenblatt) % is ranked better than
62.5% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 11.055 vs HSKCF: 15.79

HASEKO's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.90% per year.


HASEKO  (OTCPK:HSKCF) 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.


HASEKO ROC (Joel Greenblatt) % Related Terms


HASEKO ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for HASEKO'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.

HASEKO ROC (Joel Greenblatt) % Chart

HASEKO 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 20.55 17.83 14.89 11.53 16.49

HASEKO 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 16.10 13.27 13.54 14.55 20.47

HSKCF vs DHI, PHM, LEN: ROC (Joel Greenblatt) % Comparison

For the Residential Construction subindustry, HASEKO'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.


HASEKO ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's ROC (Joel Greenblatt) % distribution charts can be found below:

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


HSKCF
80GF Score
HASEKO Corp HSKCF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HASEKO 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)
=(879.345 + 4133.47 + 208.029) - (658.859 + 0 + 1433.191)
=3128.794

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(866.963 + 3784.823 + 139.146) - (793.149 + 0 + 1653.816)
=2343.967

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of HASEKO 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 )
=749.62/( ( (952.885 + max(3128.794, 0)) + (899.707 + max(2343.967, 0)) )/ 2 )
=749.62/( ( 4081.679 + 3243.674 )/ 2 )
=749.62/3662.6765
=20.47 %

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 20.47% mean?
HASEKO (HSKCF) has a ROC (Joel Greenblatt) % of 20.47% 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 HASEKO and its competitors. This is near median its historical median of 20.81. Over the past decade, HASEKO's ROC (Joel Greenblatt) % has ranged from 11.51 to 62.83. According to the industry distribution chart, HASEKO ranks #36 out of 96 companies in the Homebuilding & Construction industry, placing it in the top 37.5%.
Is HASEKO's ROC (Joel Greenblatt) % too high?
HASEKO's current ROC (Joel Greenblatt) % of 20.47% is near median its 10-year median of 20.81. Over the past 10 years, this metric has ranged from a low of 11.51 to a high of 62.83. The Homebuilding & Construction industry median ROC (Joel Greenblatt) % is 11.06. HASEKO's value of 20.47% is 85.2% above this industry median. Based on the distribution chart, HASEKO ranks #36 out of 96 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, HASEKO has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HASEKO's ROC (Joel Greenblatt) % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HASEKO ranks #36 out of 96 companies for ROC (Joel Greenblatt) %. This puts HASEKO in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.06. HASEKO's value of 20.47% is 85.2% above this benchmark. Historically, HASEKO's own ROC (Joel Greenblatt) % has ranged from 11.51 to 62.83 over the past decade. While the company's 10-year median is 20.81 vs. the industry median of 11.06, HASEKO 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 11.06, based on 96 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. HASEKO's current ROC (Joel Greenblatt) % of 20.47% is 85.2% 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 HASEKO and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 11.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HASEKO's current ROC (Joel Greenblatt) % is 20.47%, which is near median its own 10-year median of 20.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HASEKO stock overvalued right now?
Based on GuruFocus' analysis, HASEKO (HSKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.25, compared to a current price of $17.62 — trading 71.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.47%, which is near median its 10-year median of 20.81 and 85.2% above the Homebuilding & Construction industry median of 11.06. HASEKO's overall GF Score™ is 80/100 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 HASEKO (HSKCF), the current ROC (Joel Greenblatt) % is 20.47% 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 HASEKO (HSKCF) Overvalued in 2026?

Based on GuruFocus' analysis, HASEKO stock appears to be overvalued. The current stock price of $17.62 is trading 71.9% above its estimated GF Value™ of $10.25. GuruFocus considers HASEKO to be Significantly Overvalued.

Key valuation signals for HSKCF:

  • ROC (Joel Greenblatt) %: 20.47% (near median its 10-year median of 20.81)
  • GF Value™: $10.25 vs. price of $17.62 (71.9% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 85.2% above the Homebuilding & Construction median (#36 of 96)

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


HASEKO Business Description

Other Exchanges HSSKY:USA1808:Japan
Address 2-32-1 Shiba, Minato-ku, Tokyo, JPN, 105-8507
HASEKO Corp is a Japanese construction company specializing in residential condominium construction. The group operates through four reportable segments: Construction related business, which focuses on new housing supply; Real estate related business, which sells and rents real estate; Service related business, which manages existing housing related operations; and Overseas related business, which develops and sells real estate overseas. It generates the majority of its revenue from the Construction related business segment.
80GF Score

Get the complete analysis for HSKCF

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

$17.62
Price
$10.25
GF Value