S-Pool (TSE:2471) ROC (Joel Greenblatt) %: 0.00% (As of May. 2026)

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TSE:2471 S-Pool Inc TSE:2471
78 GF Score
Price 円273.00
GF Value 円284.30
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is S-Pool ROC (Joel Greenblatt) %?

S-Pool TSE:2471 -1.80% 78 ROC (Joel Greenblatt) % is 0.00% as of May. 2026. GuruFocus rates TSE:2471 with a GF Score™ of 78/100 and a GF Value™ of 円284.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,080 Business Services companies, S-Pool ranks worse than 68.33% 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. S-Pool's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 0.00%.

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

TSE:2471' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.85   Med: 49.77   Max: 65.21
Current: 6.85

During the past 13 years, S-Pool's highest ROC (Joel Greenblatt) % was 65.21%. The lowest was 6.85%. And the median was 49.77%.

TSE:2471's ROC (Joel Greenblatt) % is ranked worse than
68.33% of 1080 companies
in the Business Services industry
Industry Median: 21.085 vs TSE:2471: 6.85

S-Pool's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -32.00% per year.


S-Pool  (TSE:2471) 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.


S-Pool ROC (Joel Greenblatt) % Related Terms


S-Pool ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for S-Pool'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.

S-Pool ROC (Joel Greenblatt) % Chart

S-Pool Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.28 9.85 20.75 10.01 7.83

S-Pool Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 7.13 6.96 13.68 0.48 0.00

TSE:2471 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, S-Pool'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.


S-Pool ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, S-Pool's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where S-Pool's ROC (Joel Greenblatt) % falls into.


TSE:2471
78GF Score
S-Pool Inc TSE:2471
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S-Pool 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: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3294 + 710 + 440) - (2070 + 0 + 2305)
=69

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3389 + 787 + 450) - (2432 + 0 + 3431)
=-1237

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of S-Pool for the quarter that ended in May. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (32722 + max(69, 0)) + (34296 + max(-1237, 0)) )/ 2 )
=0/( ( 32791 + 34296 )/ 2 )
=0/33543.5
=0.00 %

Note: The EBIT data used here is four times the quarterly (May. 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 0.00% mean?
S-Pool (TSE:2471) has a ROC (Joel Greenblatt) % of 0.00% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on S-Pool and its competitors. Over the past decade, S-Pool's ROC (Joel Greenblatt) % has ranged from 6.85 to 65.21. According to the industry distribution chart, S-Pool ranks #738 out of 1080 companies in the Business Services industry, placing it in the top 68.3%.
Is S-Pool's ROC (Joel Greenblatt) % too high?
S-Pool's current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 65.21. Based on the distribution chart, S-Pool ranks #738 out of 1080 companies in the Business Services industry, which is below the industry midpoint. Overall, S-Pool has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does S-Pool's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, S-Pool ranks #738 out of 1080 companies for ROC (Joel Greenblatt) %. This places S-Pool in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.09. Historically, S-Pool's own ROC (Joel Greenblatt) % has ranged from 6.85 to 65.21 over the past decade. 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 21.09, based on 1,080 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. 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 S-Pool and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S-Pool's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S-Pool stock overvalued right now?
Based on GuruFocus' analysis, S-Pool (TSE:2471) is currently considered Fairly Valued. The stock's GF Value™ is 円284.30, compared to a current price of 円273.00 — trading 4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. S-Pool's overall GF Score™ is 78/100 with 6 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 S-Pool (TSE:2471), the current ROC (Joel Greenblatt) % is 0.00% as of May. 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 S-Pool (TSE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, S-Pool stock appears to be undervalued. The current stock price of 円273.00 is trading 4% below its estimated GF Value™ of 円284.30. GuruFocus considers S-Pool to be Fairly Valued.

Key valuation signals for TSE:2471:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: 円284.30 vs. price of 円273.00 (4% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the TSE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S-Pool Business Description

Address 3, No. 3 Building, No. 15 Rick Hugh Edobashi 2-chome, Tokyo, JPN
S-Pool Inc is engaged in providing business solutions and human resource solutions. The solutions offered by the company include employment support service for people with disabilities, logistics outsourcing service, sales support service, and professional talent bank service.
78GF Score

Get the complete analysis for TSE:2471

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

円273.00
Price
円284.30
GF Value