Tenpos Holdings Co (TSE:2751) ROC (Joel Greenblatt) %: 51.19% (As of Apr. 2026) — 37% Below Median

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TSE:2751 Tenpos Holdings Co Ltd TSE:2751
79 GF Score
Price 円3,755.00
GF Value 円4,712.96
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tenpos Holdings Co ROC (Joel Greenblatt) %?

Tenpos Holdings Co TSE:2751 -0.27% 79 ROC (Joel Greenblatt) % is 51.19% as of Apr. 2026, which is 37% below its 10-year median of 81.48. GuruFocus rates TSE:2751 with a GF Score™ of 79/100 and a GF Value™ of 円4,712.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,125 Retail - Cyclical companies, Tenpos Holdings Co ranks better than 87.91% 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. Tenpos Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 51.19%.

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

TSE:2751' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.82   Med: 81.48   Max: 126.52
Current: 54.06

During the past 13 years, Tenpos Holdings Co's highest ROC (Joel Greenblatt) % was 126.52%. The lowest was 8.82%. And the median was 81.48%.

TSE:2751's ROC (Joel Greenblatt) % is ranked better than
87.91% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 11.86 vs TSE:2751: 54.06

Tenpos Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 20.80% per year.


Tenpos Holdings Co  (TSE:2751) 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.


Tenpos Holdings Co ROC (Joel Greenblatt) % Related Terms


Tenpos Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tenpos 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.

Tenpos Holdings Co ROC (Joel Greenblatt) % Chart

Tenpos Holdings Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.52 98.27 86.78 58.15 54.03

Tenpos Holdings Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 70.68 71.38 45.31 57.30 51.19

TSE:2751 vs CASY, WSM, ULTA: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Tenpos 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.


Tenpos Holdings Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tenpos Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tenpos Holdings Co's ROC (Joel Greenblatt) % falls into.


TSE:2751
79GF Score
Tenpos Holdings Co Ltd TSE:2751
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenpos 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:

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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2705 + 5942 + 410) - (3536 + 0 + 3643)
=1878

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3079 + 6368 + 539) - (3791 + 0 + 3934)
=2261

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tenpos Holdings Co for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3174/( ( (3989 + max(1878, 0)) + (4273 + max(2261, 0)) )/ 2 )
=3174/( ( 5867 + 6534 )/ 2 )
=3174/6200.5
=51.19 %

Note: The EBIT data used here is two times the semi-annual (Apr. 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 51.19% mean?
Tenpos Holdings Co (TSE:2751) has a ROC (Joel Greenblatt) % of 51.19% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tenpos Holdings Co and its competitors. This is 37% below median its historical median of 81.48. Over the past decade, Tenpos Holdings Co's ROC (Joel Greenblatt) % has ranged from 8.82 to 126.52. According to the industry distribution chart, Tenpos Holdings Co ranks #136 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 12.1%.
Is Tenpos Holdings Co's ROC (Joel Greenblatt) % too high?
Tenpos Holdings Co's current ROC (Joel Greenblatt) % of 51.19% is 37% below median its 10-year median of 81.48. Over the past 10 years, this metric has ranged from a low of 8.82 to a high of 126.52. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.86. Tenpos Holdings Co's value of 51.19% is 331.6% above this industry median. Based on the distribution chart, Tenpos Holdings Co ranks #136 out of 1125 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tenpos Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenpos Holdings Co's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Tenpos Holdings Co ranks #136 out of 1125 companies for ROC (Joel Greenblatt) %. This places Tenpos Holdings Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.86. Tenpos Holdings Co's value of 51.19% is 331.6% above this benchmark. Historically, Tenpos Holdings Co's own ROC (Joel Greenblatt) % has ranged from 8.82 to 126.52 over the past decade. While the company's 10-year median is 81.48 vs. the industry median of 11.86, Tenpos Holdings Co 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.86, based on 1,125 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. Tenpos Holdings Co's current ROC (Joel Greenblatt) % of 51.19% is 331.6% 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 Tenpos Holdings Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenpos Holdings Co's current ROC (Joel Greenblatt) % is 51.19%, which is 37% below median its own 10-year median of 81.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenpos Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tenpos Holdings Co (TSE:2751) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,712.96, compared to a current price of 円3,755.00 — trading 20.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 51.19%, which is 37% below median its 10-year median of 81.48 and 331.6% above the Retail - Cyclical industry median of 11.86. Tenpos Holdings Co's overall GF Score™ is 79/100 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 Tenpos Holdings Co (TSE:2751), the current ROC (Joel Greenblatt) % is 51.19% as of Apr. 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 Tenpos Holdings Co (TSE:2751) Overvalued in 2026?

Based on GuruFocus' analysis, Tenpos Holdings Co stock appears to be undervalued. The current stock price of 円3,755.00 is trading 20.3% below its estimated GF Value™ of 円4,712.96. GuruFocus considers Tenpos Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2751:

  • ROC (Joel Greenblatt) %: 51.19% (37% below median its 10-year median of 81.48)
  • GF Value™: 円4,712.96 vs. price of 円3,755.00 (20.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 331.6% above the Retail - Cyclical median (#136 of 1125)

No single metric tells the full story. See the TSE:2751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenpos Holdings Co Business Description

Address 2-30-17 Higashi-Kamata, 7th Floor, Sanyu Higashikamata Building, Ota-ku, Tokyo, JPN, 144-0031
Tenpos Holdings Co Ltd operates refurbished kitchen equipment stores for the food service industry. Its business segments are divided into Product sales business, Information and service business and Catering Business. The company offers tableware, kitchen equipment and cooking utensils. It is also engaged in interior and exterior design and construction business and human resources education service business.
79GF Score

Get the complete analysis for TSE:2751

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

円3,755.00
Price
円4,712.96
GF Value