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Espoir CoNGO:3260 +15.58%42 ROC (Joel Greenblatt) % is 23.30% as of Feb. 2026, which is 3988% above its 10-year median of 0.57. GuruFocus rates NGO:3260 with a GF Score™ of 42/100 and a GF Value™ of 円956.20 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,750 Real Estate companies, Espoir Co ranks worse than 68.97% 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. Espoir Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 23.30%.
The historical rank and industry rank for Espoir Co's ROC (Joel Greenblatt) % or its related term are showing as below:
NGO:3260'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -76.35 Med: 0.57 Max: 51.2
Current: 3.46
During the past 13 years, Espoir Co's highest ROC (Joel Greenblatt) % was 51.20%. The lowest was -76.35%. And the median was 0.57%.
NGO:3260's ROC (Joel Greenblatt) % is ranked worse than 68.97% of 1750
companies
in the Real Estate industry
Industry Median: 12.795
vs NGO:3260: 3.46
Espoir Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Espoir Co (NGO:3260) 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.
The historical data trend for Espoir 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.
NGO:3260 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Espoir 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.
Espoir Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Espoir Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Espoir 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 (Feb. 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 23.30% mean?
Espoir Co (NGO:3260) has a ROC (Joel Greenblatt) % of 23.30% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Espoir Co and its competitors. This is 3988% above median its historical median of 0.57. According to the industry distribution chart, Espoir Co ranks #1207 out of 1750 companies in the Real Estate industry, placing it in the top 69%.
Is Espoir Co's ROC (Joel Greenblatt) % too high?
Espoir Co's current ROC (Joel Greenblatt) % of 23.30% is 3988% above median its 10-year median of 0.57. The Real Estate industry median ROC (Joel Greenblatt) % is 12.80. Espoir Co's value of 23.30% is 82.1% above this industry median. Based on the distribution chart, Espoir Co ranks #1207 out of 1750 companies in the Real Estate industry, which is below the industry midpoint. Overall, Espoir Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Espoir Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Espoir Co ranks #1207 out of 1750 companies for ROC (Joel Greenblatt) %. This places Espoir Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.80. Espoir Co's value of 23.30% is 82.1% above this benchmark. While the company's 10-year median is 0.57 vs. the industry median of 12.80, Espoir 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.80, based on 1,750 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. Espoir Co's current ROC (Joel Greenblatt) % of 23.30% is 82.1% 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 Espoir Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espoir Co's current ROC (Joel Greenblatt) % is 23.30%, which is 3988% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espoir Co stock overvalued right now?
Based on GuruFocus' analysis, Espoir Co (NGO:3260) is currently considered Modestly Undervalued. The stock's GF Value™ is 円956.20, compared to a current price of 円742.00 — trading 22.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.30%, which is 3988% above median its 10-year median of 0.57 and 82.1% above the Real Estate industry median of 12.80. Espoir Co's overall GF Score™ is 42/100 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 Espoir Co (NGO:3260), the current ROC (Joel Greenblatt) % is 23.30% as of Feb. 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 Espoir Co (NGO:3260) Overvalued in 2026?
Based on GuruFocus' analysis, Espoir Co stock appears to be undervalued.
The current stock price of 円742.00 is trading 22.4% below its estimated GF Value™ of 円956.20.
GuruFocus considers Espoir Co to be Modestly Undervalued.
Key valuation signals for NGO:3260:
ROC (Joel Greenblatt) %: 23.30% (3988% above median its 10-year median of 0.57)
GF Value™: 円956.20 vs. price of 円742.00 (22.4% below fair value)
Industry Position: 82.1% above the Real Estate median (#1207 of 1750)
No single metric tells the full story. See the NGO:3260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espoir Co Ltd provides real estate services. It manages plans and develops real estate properties. It sells residential properties, as well as commercial facilities. Its projects include Baytown Honmoku 5th Avenue, Espoir Court Kanamecho, Yaotome Koenzaka, Espoir City Sapporo, and Espoir Court Hirooka.
42GF Score
Get the complete analysis for NGO:3260
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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