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GAIATSE:154A 27 ROC (Joel Greenblatt) % is 86.32% as of Dec. 2025, which is 69% below its 10-year median of 276.87. GuruFocus rates TSE:154A with a GF Score™ of 27/100. The stock has 3 warning signs investors should review.
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. GAIA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 86.32%.
The historical rank and industry rank for GAIA's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:154A'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 191.59 Med: 276.87 Max: 758.13
Current: 256.45
During the past 5 years, GAIA's highest ROC (Joel Greenblatt) % was 758.13%. The lowest was 191.59%. And the median was 276.87%.
TSE:154A's ROC (Joel Greenblatt) % is not ranked
in the Asset Management industry.
Industry Median: 63.35
vs TSE:154A: 256.45
GAIA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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 GAIA'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.
For the Asset Management subindustry, GAIA'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.
GAIA ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GAIA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GAIA'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 (Dec. 2025) 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 86.32% mean?
GAIA (TSE:154A) has a ROC (Joel Greenblatt) % of 86.32% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on GAIA and its competitors. This is 69% below median its historical median of 276.87. Over the past decade, GAIA's ROC (Joel Greenblatt) % has ranged from 191.59 to 758.13.
Is GAIA's ROC (Joel Greenblatt) % too high?
GAIA's current ROC (Joel Greenblatt) % of 86.32% is 69% below median its 10-year median of 276.87. Over the past 10 years, this metric has ranged from a low of 191.59 to a high of 758.13. The Asset Management industry median ROC (Joel Greenblatt) % is 63.35. GAIA's value of 86.32% is 36.3% above this industry median. Overall, GAIA has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does GAIA's ROC (Joel Greenblatt) % compare to ?
GAIA's ROC (Joel Greenblatt) % of 86.32% can be compared against companies in the Asset Management industry. The industry median ROC (Joel Greenblatt) % is 63.35. GAIA's value of 86.32% is 36.3% above this benchmark. Historically, GAIA's own ROC (Joel Greenblatt) % has ranged from 191.59 to 758.13 over the past decade. While the company's 10-year median is 276.87 vs. the industry median of 63.35, GAIA 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.35, based on 627 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. GAIA's current ROC (Joel Greenblatt) % of 86.32% is 36.3% 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 GAIA and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAIA's current ROC (Joel Greenblatt) % is 86.32%, which is 69% below median its own 10-year median of 276.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAIA stock overvalued right now?
GAIA (TSE:154A) has a current ROC (Joel Greenblatt) % of 86.32%. The current ROC (Joel Greenblatt) % is 86.32%, which is 69% below median its 10-year median of 276.87 and 36.3% above the Asset Management industry median of 63.35. GAIA's overall GF Score™ is 27/100 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 GAIA (TSE:154A), the current ROC (Joel Greenblatt) % is 86.32% as of Dec. 2025. 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.
GAIA Inc is engaged in asset management design advice business (financial planning business). It business includes financial services related to financial planning business, financial instruments intermediary service, insurance agency business, and bank agency business by fee-based IFA (Independent Financial Advisor).
27GF Score
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