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World Holdings CoTSE:2429 +1.05%81 ROC (Joel Greenblatt) % is 14.74% as of Dec. 2025, which is 19% below its 10-year median of 18.15. GuruFocus rates TSE:2429 with a GF Score™ of 81/100 and a GF Value™ of 円3,221.64 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,085 Business Services companies, World Holdings Co ranks worse than 61.01% 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. World Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.74%.
The historical rank and industry rank for World Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2429'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.94 Med: 18.15 Max: 20.72
Current: 11.94
During the past 13 years, World Holdings Co's highest ROC (Joel Greenblatt) % was 20.72%. The lowest was 11.94%. And the median was 18.15%.
TSE:2429's ROC (Joel Greenblatt) % is ranked worse than 61.01% of 1085
companies
in the Business Services industry
Industry Median: 21.24
vs TSE:2429: 11.94
World Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.40% per year.
World Holdings Co (TSE:2429) 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.
World Holdings Co ROC (Joel Greenblatt) % Related Terms
World Holdings Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for World Holdings 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:2429 vs KFY, RHI, TNET: ROC (Joel Greenblatt) % Comparison
For the Staffing & Employment Services subindustry, World Holdings 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.
World Holdings Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, World Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where World Holdings Co's ROC (Joel Greenblatt) % falls into.
World Holdings 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 four times the quarterly (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 14.74% mean?
World Holdings Co (TSE:2429) has a ROC (Joel Greenblatt) % of 14.74% 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 World Holdings Co and its competitors. This is 19% below median its historical median of 18.15. Over the past decade, World Holdings Co's ROC (Joel Greenblatt) % has ranged from 11.94 to 20.72. According to the industry distribution chart, World Holdings Co ranks #662 out of 1085 companies in the Business Services industry, placing it in the top 61%.
Is World Holdings Co's ROC (Joel Greenblatt) % too high?
World Holdings Co's current ROC (Joel Greenblatt) % of 14.74% is 19% below median its 10-year median of 18.15. Over the past 10 years, this metric has ranged from a low of 11.94 to a high of 20.72. The Business Services industry median ROC (Joel Greenblatt) % is 21.24. World Holdings Co's value of 14.74% is 30.6% below this industry median. Based on the distribution chart, World Holdings Co ranks #662 out of 1085 companies in the Business Services industry, which is below the industry midpoint. Overall, World Holdings Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does World Holdings Co's ROC (Joel Greenblatt) % compare to KFY and RHI?
According to the Business Services industry distribution chart, World Holdings Co ranks #662 out of 1085 companies for ROC (Joel Greenblatt) %. This places World Holdings Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.24. World Holdings Co's value of 14.74% is 30.6% below this benchmark. Historically, World Holdings Co's own ROC (Joel Greenblatt) % has ranged from 11.94 to 20.72 over the past decade. While the company's 10-year median is 18.15 vs. the industry median of 21.24, World Holdings 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.24, based on 1,085 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. World Holdings Co's current ROC (Joel Greenblatt) % of 14.74% is 30.6% 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 World Holdings Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Holdings Co's current ROC (Joel Greenblatt) % is 14.74%, which is 19% below median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, World Holdings Co (TSE:2429) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,221.64, compared to a current price of 円2,690.00 — trading 16.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.74%, which is 19% below median its 10-year median of 18.15 and 30.6% below the Business Services industry median of 21.24. World Holdings Co's overall GF Score™ is 81/100 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 World Holdings Co (TSE:2429), the current ROC (Joel Greenblatt) % is 14.74% 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.
Is World Holdings Co (TSE:2429) Overvalued in 2026?
Based on GuruFocus' analysis, World Holdings Co stock appears to be undervalued.
The current stock price of 円2,690.00 is trading 16.5% below its estimated GF Value™ of 円3,221.64.
GuruFocus considers World Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:2429:
ROC (Joel Greenblatt) %: 14.74% (19% below median its 10-year median of 18.15)
GF Value™: 円3,221.64 vs. price of 円2,690.00 (16.5% below fair value)
Industry Position: 30.6% below the Business Services median (#662 of 1085)
No single metric tells the full story. See the TSE:2429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business, Agricultural park business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.
81GF 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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