Saylor Advertising (TSE:2156) ROC (Joel Greenblatt) %: 25.02% (As of Mar. 2026) — 350% Above Median

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TSE:2156 Saylor Advertising Inc TSE:2156
44 GF Score
Price 円268.00
GF Value 円282.27
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Saylor Advertising ROC (Joel Greenblatt) %?

Saylor Advertising TSE:2156 -0.37% 44 ROC (Joel Greenblatt) % is 25.02% as of Mar. 2026, which is 350% above its 10-year median of 5.56. GuruFocus rates TSE:2156 with a GF Score™ of 44/100 and a GF Value™ of 円282.27 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Media - Diversified companies, Saylor Advertising ranks worse than 59.8% 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. Saylor Advertising's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.02%.

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

TSE:2156' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.49   Med: 5.56   Max: 19.45
Current: 0.71

During the past 13 years, Saylor Advertising's highest ROC (Joel Greenblatt) % was 19.45%. The lowest was -7.49%. And the median was 5.56%.

TSE:2156's ROC (Joel Greenblatt) % is ranked worse than
59.8% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.81 vs TSE:2156: 0.71

Saylor Advertising's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Saylor Advertising  (TSE:2156) 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.


Saylor Advertising ROC (Joel Greenblatt) % Related Terms


Saylor Advertising ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Saylor Advertising'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.

Saylor Advertising ROC (Joel Greenblatt) % Chart

Saylor Advertising 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 0.86 19.45 -0.13 7.87 0.70

Saylor Advertising Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 20.69 -39.16 54.35 -25.43 25.02

TSE:2156 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, Saylor Advertising'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.


Saylor Advertising ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Saylor Advertising's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:2156
44GF Score
Saylor Advertising Inc TSE:2156
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saylor Advertising 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(839.037 + 202.813 + 124.438) - (813.957 + 0 + 264.288)
=88.043

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1336.276 + 64.887 + 95.139) - (979.291 + 0 + 312.357)
=204.654

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Saylor Advertising 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=248.36/( ( (851.583 + max(88.043, 0)) + (841.318 + max(204.654, 0)) )/ 2 )
=248.36/( ( 939.626 + 1045.972 )/ 2 )
=248.36/992.799
=25.02 %

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 25.02% mean?
Saylor Advertising (TSE:2156) has a ROC (Joel Greenblatt) % of 25.02% 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 Saylor Advertising and its competitors. This is 350% above median its historical median of 5.56. According to the industry distribution chart, Saylor Advertising ranks #607 out of 1015 companies in the Media - Diversified industry, placing it in the top 59.8%.
Is Saylor Advertising's ROC (Joel Greenblatt) % too high?
Saylor Advertising's current ROC (Joel Greenblatt) % of 25.02% is 350% above median its 10-year median of 5.56. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. Saylor Advertising's value of 25.02% is 155% above this industry median. Based on the distribution chart, Saylor Advertising ranks #607 out of 1015 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Saylor Advertising has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saylor Advertising's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Saylor Advertising ranks #607 out of 1015 companies for ROC (Joel Greenblatt) %. This places Saylor Advertising in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.81. Saylor Advertising's value of 25.02% is 155% above this benchmark. While the company's 10-year median is 5.56 vs. the industry median of 9.81, Saylor Advertising 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.81, based on 1,015 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. Saylor Advertising's current ROC (Joel Greenblatt) % of 25.02% is 155% 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 Saylor Advertising and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saylor Advertising's current ROC (Joel Greenblatt) % is 25.02%, which is 350% above median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saylor Advertising stock overvalued right now?
Based on GuruFocus' analysis, Saylor Advertising (TSE:2156) is currently considered Fairly Valued. The stock's GF Value™ is 円282.27, compared to a current price of 円268.00 — trading 5.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.02%, which is 350% above median its 10-year median of 5.56 and 155% above the Media - Diversified industry median of 9.81. Saylor Advertising's overall GF Score™ is 44/100 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 Saylor Advertising (TSE:2156), the current ROC (Joel Greenblatt) % is 25.02% 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 Saylor Advertising (TSE:2156) Overvalued in 2026?

Based on GuruFocus' analysis, Saylor Advertising stock appears to be undervalued. The current stock price of 円268.00 is trading 5.1% below its estimated GF Value™ of 円282.27. GuruFocus considers Saylor Advertising to be Fairly Valued.

Key valuation signals for TSE:2156:

  • ROC (Joel Greenblatt) %: 25.02% (350% above median its 10-year median of 5.56)
  • GF Value™: 円282.27 vs. price of 円268.00 (5.1% below fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 155% above the Media - Diversified median (#607 of 1015)

No single metric tells the full story. See the TSE:2156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saylor Advertising Business Description

Address No. 7 No. 20 2-chome Ogimachi, Takamatsu, JPN, 7608502
Saylor Advertising Inc is engaged in the provision of planning, drafting, filing, and production of advertisements through media, such as television, radio, newspaper, and magazine. It is also engaged in sales promotion and Internet-related advertisements, as well as the publication of magazines.
44GF Score

Get the complete analysis for TSE:2156

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

円268.00
Price
円282.27
GF Value