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Hayashikanengyo CoTSE:2286 +1.00%47 ROC (Joel Greenblatt) % is 8.65% as of Mar. 2026, which is 6% above its 10-year median of 8.16. GuruFocus rates TSE:2286 with a GF Score™ of 47/100 and a GF Value™ of 円598.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Hayashikanengyo Co ranks worse than 50.86% 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. Hayashikanengyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.65%.
The historical rank and industry rank for Hayashikanengyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2286'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.43 Med: 8.16 Max: 12.44
Current: 11.8
During the past 13 years, Hayashikanengyo Co's highest ROC (Joel Greenblatt) % was 12.44%. The lowest was 3.43%. And the median was 8.16%.
TSE:2286's ROC (Joel Greenblatt) % is ranked worse than 50.86% of 1982
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs TSE:2286: 11.80
Hayashikanengyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.10% per year.
Hayashikanengyo Co (TSE:2286) 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.
Hayashikanengyo Co ROC (Joel Greenblatt) % Related Terms
Hayashikanengyo Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hayashikanengyo 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.
TSE:2286 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Hayashikanengyo 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.
Hayashikanengyo Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hayashikanengyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hayashikanengyo Co's ROC (Joel Greenblatt) % falls into.
Hayashikanengyo Co 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:
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 8.65% mean?
Hayashikanengyo Co (TSE:2286) has a ROC (Joel Greenblatt) % of 8.65% 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 Hayashikanengyo Co and its competitors. This is near median its historical median of 8.16. Over the past decade, Hayashikanengyo Co's ROC (Joel Greenblatt) % has ranged from 3.43 to 12.44. According to the industry distribution chart, Hayashikanengyo Co ranks #1008 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 50.9%.
Is Hayashikanengyo Co's ROC (Joel Greenblatt) % too high?
Hayashikanengyo Co's current ROC (Joel Greenblatt) % of 8.65% is near median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 12.44. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Hayashikanengyo Co's value of 8.65% is 27.9% below this industry median. Based on the distribution chart, Hayashikanengyo Co ranks #1008 out of 1982 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hayashikanengyo Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hayashikanengyo Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hayashikanengyo Co ranks #1008 out of 1982 companies for ROC (Joel Greenblatt) %. This places Hayashikanengyo Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Hayashikanengyo Co's value of 8.65% is 27.9% below this benchmark. Historically, Hayashikanengyo Co's own ROC (Joel Greenblatt) % has ranged from 3.43 to 12.44 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 11.99, Hayashikanengyo Co has consistently been below 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. Hayashikanengyo Co's current ROC (Joel Greenblatt) % of 8.65% is 27.9% below 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 Hayashikanengyo Co 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. Hayashikanengyo Co's current ROC (Joel Greenblatt) % is 8.65%, which is near median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hayashikanengyo Co stock overvalued right now?
Based on GuruFocus' analysis, Hayashikanengyo Co (TSE:2286) is currently considered Significantly Overvalued. The stock's GF Value™ is 円598.48, compared to a current price of 円913.00 — trading 52.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.65%, which is near median its 10-year median of 8.16 and 27.9% below the Consumer Packaged Goods industry median of 11.99. Hayashikanengyo Co's overall GF Score™ is 47/100 with 5 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 Hayashikanengyo Co (TSE:2286), the current ROC (Joel Greenblatt) % is 8.65% 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 Hayashikanengyo Co (TSE:2286) Overvalued in 2026?
Based on GuruFocus' analysis, Hayashikanengyo Co stock appears to be overvalued.
The current stock price of 円913.00 is trading 52.6% above its estimated GF Value™ of 円598.48.
GuruFocus considers Hayashikanengyo Co to be Significantly Overvalued.
Key valuation signals for TSE:2286:
ROC (Joel Greenblatt) %: 8.65% (near median its 10-year median of 8.16)
GF Value™: 円598.48 vs. price of 円913.00 (52.6% above fair value)
Industry Position: 27.9% below the Consumer Packaged Goods median (#1008 of 1982)
No single metric tells the full story. See the TSE:2286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hayashikane Sangyo Co Ltd is engaged in the manufacturing of fish hams and sausages. Its other business activities of include processing and sale of foodstuffs; manufacture and sales of fertilizer, feed, fat and oil; manufacture and sale of export and domestic food canning and bottling; manufacture and sale of food additives; production, breeding and sales of agriculture, livestock, fishery products and medical treatment of animals.
47GF Score
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