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CVS Bay AreaTSE:2687 -0.40%44 ROC (Joel Greenblatt) % is -24.09% as of Feb. 2026. GuruFocus rates TSE:2687 with a GF Score™ of 44/100 and a GF Value™ of 円609.21 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 309 Retail - Defensive companies, CVS Bay Area ranks worse than 89.97% 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. CVS Bay Area's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -24.09%.
The historical rank and industry rank for CVS Bay Area's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2687'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.92 Med: -2.92 Max: 135.59
Current: -10.71
During the past 13 years, CVS Bay Area's highest ROC (Joel Greenblatt) % was 135.59%. The lowest was -23.92%. And the median was -2.92%.
TSE:2687's ROC (Joel Greenblatt) % is ranked worse than 89.97% of 309
companies
in the Retail - Defensive industry
Industry Median: 13.46
vs TSE:2687: -10.71
CVS Bay Area's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
CVS Bay Area (TSE:2687) 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.
CVS Bay Area ROC (Joel Greenblatt) % Related Terms
CVS Bay Area ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CVS Bay Area'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:2687 vs KR: ROC (Joel Greenblatt) % Comparison
For the Grocery Stores subindustry, CVS Bay Area'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.
CVS Bay Area ROC (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CVS Bay Area'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 (Feb. 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 -24.09% mean?
CVS Bay Area (TSE:2687) has a ROC (Joel Greenblatt) % of -24.09% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CVS Bay Area and its competitors. According to the industry distribution chart, CVS Bay Area ranks #278 out of 309 companies in the Retail - Defensive industry, placing it in the top 90%.
Is CVS Bay Area's ROC (Joel Greenblatt) % too high?
CVS Bay Area's current ROC (Joel Greenblatt) % is -24.09%. Based on the distribution chart, CVS Bay Area ranks #278 out of 309 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, CVS Bay Area has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CVS Bay Area's ROC (Joel Greenblatt) % compare to KR?
According to the Retail - Defensive industry distribution chart, CVS Bay Area ranks #278 out of 309 companies for ROC (Joel Greenblatt) %. This places CVS Bay Area in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. 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 Retail - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.46, based on 309 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 CVS Bay Area and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVS Bay Area's current ROC (Joel Greenblatt) % is -24.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Bay Area stock overvalued right now?
Based on GuruFocus' analysis, CVS Bay Area (TSE:2687) is currently considered Modestly Undervalued. The stock's GF Value™ is 円609.21, compared to a current price of 円498.00 — trading 18.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -24.09%. CVS Bay Area's overall GF Score™ is 44/100 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 CVS Bay Area (TSE:2687), the current ROC (Joel Greenblatt) % is -24.09% as of Feb. 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 CVS Bay Area (TSE:2687) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Bay Area stock appears to be undervalued.
The current stock price of 円498.00 is trading 18.3% below its estimated GF Value™ of 円609.21.
GuruFocus considers CVS Bay Area to be Modestly Undervalued.
Key valuation signals for TSE:2687:
ROC (Joel Greenblatt) %: -24.09%
GF Value™: 円609.21 vs. price of 円498.00 (18.3% below fair value)
No single metric tells the full story. See the TSE:2687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.
44GF Score
Get the complete analysis for TSE:2687
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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