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Fuji NihonTSE:2114 +0.16%69 ROC (Joel Greenblatt) % is 45.43% as of Mar. 2026, which is 103% above its 10-year median of 22.42. GuruFocus rates TSE:2114 with a GF Score™ of 69/100 and a GF Value™ of 円606.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Fuji Nihon ranks better than 88.65% 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. Fuji Nihon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.43%.
The historical rank and industry rank for Fuji Nihon's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2114'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.56 Med: 22.42 Max: 45.45
Current: 45.45
During the past 13 years, Fuji Nihon's highest ROC (Joel Greenblatt) % was 45.45%. The lowest was 12.56%. And the median was 22.42%.
TSE:2114's ROC (Joel Greenblatt) % is ranked better than 88.65% of 1982
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs TSE:2114: 45.45
Fuji Nihon's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.90% 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.
Fuji Nihon ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Fuji Nihon'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.
TSE:2114 vs MDLZ, HSY, TR: ROC (Joel Greenblatt) % Comparison
For the Confectioners subindustry, Fuji Nihon'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.
Fuji Nihon ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Fuji Nihon's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fuji Nihon'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 45.43% mean?
Fuji Nihon (TSE:2114) has a ROC (Joel Greenblatt) % of 45.43% 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 Fuji Nihon and its competitors. This is 103% above median its historical median of 22.42. Over the past decade, Fuji Nihon's ROC (Joel Greenblatt) % has ranged from 12.56 to 45.45. According to the industry distribution chart, Fuji Nihon ranks #225 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is Fuji Nihon's ROC (Joel Greenblatt) % too high?
Fuji Nihon's current ROC (Joel Greenblatt) % of 45.43% is 103% above median its 10-year median of 22.42. Over the past 10 years, this metric has ranged from a low of 12.56 to a high of 45.45. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Fuji Nihon's value of 45.43% is 278.9% above this industry median. Based on the distribution chart, Fuji Nihon ranks #225 out of 1982 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Fuji Nihon has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuji Nihon's ROC (Joel Greenblatt) % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Fuji Nihon ranks #225 out of 1982 companies for ROC (Joel Greenblatt) %. This places Fuji Nihon in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Fuji Nihon's value of 45.43% is 278.9% above this benchmark. Historically, Fuji Nihon's own ROC (Joel Greenblatt) % has ranged from 12.56 to 45.45 over the past decade. While the company's 10-year median is 22.42 vs. the industry median of 11.99, Fuji Nihon 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,982 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. Fuji Nihon's current ROC (Joel Greenblatt) % of 45.43% is 278.9% 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 Fuji Nihon and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Nihon's current ROC (Joel Greenblatt) % is 45.43%, which is 103% above median its own 10-year median of 22.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Nihon stock overvalued right now?
Based on GuruFocus' analysis, Fuji Nihon (TSE:2114) is currently considered Fairly Valued. The stock's GF Value™ is 円606.94, compared to a current price of 円640.00 — trading 5.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 45.43%, which is 103% above median its 10-year median of 22.42 and 278.9% above the Consumer Packaged Goods industry median of 11.99. Fuji Nihon's overall GF Score™ is 69/100 with 4 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 Fuji Nihon (TSE:2114), the current ROC (Joel Greenblatt) % is 45.43% 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 Fuji Nihon (TSE:2114) Overvalued in 2026?
Based on GuruFocus' analysis, Fuji Nihon stock appears to be overvalued.
The current stock price of 円640.00 is trading 5.4% above its estimated GF Value™ of 円606.94.
GuruFocus considers Fuji Nihon to be Fairly Valued.
Key valuation signals for TSE:2114:
ROC (Joel Greenblatt) %: 45.43% (103% above median its 10-year median of 22.42)
GF Value™: 円606.94 vs. price of 円640.00 (5.4% above fair value)
Industry Position: 278.9% above the Consumer Packaged Goods median (#225 of 1982)
No single metric tells the full story. See the TSE:2114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuji Nihon Corp is engaged in the manufacture and sale of sugar and sugar-related products. The company is also engaged in the business of functional materials, cut flower active agents and food additives.
69GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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