Sato Foods Industries Co (TSE:2814) ROC (Joel Greenblatt) %: 11.83% (As of Mar. 2026) — 17% Below Median

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TSE:2814 Sato Foods Industries Co Ltd TSE:2814
70 GF Score
Price 円3,170.00
GF Value 円2,293.44
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sato Foods Industries Co ROC (Joel Greenblatt) %?

Sato Foods Industries Co TSE:2814 70 ROC (Joel Greenblatt) % is 11.83% as of Mar. 2026, which is 17% below its 10-year median of 14.32. GuruFocus rates TSE:2814 with a GF Score™ of 70/100 and a GF Value™ of 円2,293.44 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Sato Foods Industries Co ranks better than 57.58% 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. Sato Foods Industries Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.83%.

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

TSE:2814' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.68   Med: 14.32   Max: 18.23
Current: 14.96

During the past 13 years, Sato Foods Industries Co's highest ROC (Joel Greenblatt) % was 18.23%. The lowest was 5.68%. And the median was 14.32%.

TSE:2814's ROC (Joel Greenblatt) % is ranked better than
57.58% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 12.045 vs TSE:2814: 14.96

Sato Foods Industries Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.90% per year.


Sato Foods Industries Co  (TSE:2814) 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.


Sato Foods Industries Co ROC (Joel Greenblatt) % Related Terms


Sato Foods Industries Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sato Foods Industries 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.

Sato Foods Industries Co ROC (Joel Greenblatt) % Chart

Sato Foods Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.04 5.68 14.00 13.17 15.10

Sato Foods Industries Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 24.04 9.05 14.86 11.83

TSE:2814 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Sato Foods Industries 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.


Sato Foods Industries Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Industries Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sato Foods Industries Co's ROC (Joel Greenblatt) % falls into.


TSE:2814
70GF Score
Sato Foods Industries Co Ltd TSE:2814
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sato Foods Industries 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1678.552 + 1733.007 + 104.256) - (1241.886 + 0 + 301.744)
=1972.185

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1166.972 + 1666.866 + 89.037) - (742.532 + 0 + 242.589)
=1937.754

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sato Foods Industries Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=820.612/( ( (4951.331 + max(1972.185, 0)) + (5009.455 + max(1937.754, 0)) )/ 2 )
=820.612/( ( 6923.516 + 6947.209 )/ 2 )
=820.612/6935.3625
=11.83 %

Note: The EBIT data used here is four times the quarterly (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 11.83% mean?
Sato Foods Industries Co (TSE:2814) has a ROC (Joel Greenblatt) % of 11.83% 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 Sato Foods Industries Co and its competitors. This is 17% below median its historical median of 14.32. Over the past decade, Sato Foods Industries Co's ROC (Joel Greenblatt) % has ranged from 5.68 to 18.23. According to the industry distribution chart, Sato Foods Industries Co ranks #840 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 42.4%.
Is Sato Foods Industries Co's ROC (Joel Greenblatt) % too high?
Sato Foods Industries Co's current ROC (Joel Greenblatt) % of 11.83% is 17% below median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 18.23. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.05. Sato Foods Industries Co's value of 11.83% is 1.8% below this industry median. Based on the distribution chart, Sato Foods Industries Co ranks #840 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sato Foods Industries Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Industries Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Industries Co ranks #840 out of 1980 companies for ROC (Joel Greenblatt) %. This puts Sato Foods Industries Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.05. Sato Foods Industries Co's value of 11.83% is 1.8% below this benchmark. Historically, Sato Foods Industries Co's own ROC (Joel Greenblatt) % has ranged from 5.68 to 18.23 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 12.05, Sato Foods Industries 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 12.05, based on 1,980 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. Sato Foods Industries Co's current ROC (Joel Greenblatt) % of 11.83% is 1.8% 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 Sato Foods Industries Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Industries Co's current ROC (Joel Greenblatt) % is 11.83%, which is 17% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Industries Co (TSE:2814) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,293.44, compared to a current price of 円3,170.00 — trading 38.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.83%, which is 17% below median its 10-year median of 14.32 and 1.8% below the Consumer Packaged Goods industry median of 12.05. Sato Foods Industries Co's overall GF Score™ is 70/100 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 Sato Foods Industries Co (TSE:2814), the current ROC (Joel Greenblatt) % is 11.83% 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 Sato Foods Industries Co (TSE:2814) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Foods Industries Co stock appears to be overvalued. The current stock price of 円3,170.00 is trading 38.2% above its estimated GF Value™ of 円2,293.44. GuruFocus considers Sato Foods Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:2814:

  • ROC (Joel Greenblatt) %: 11.83% (17% below median its 10-year median of 14.32)
  • GF Value™: 円2,293.44 vs. price of 円3,170.00 (38.2% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 1.8% below the Consumer Packaged Goods median (#840 of 1980)

No single metric tells the full story. See the TSE:2814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sato Foods Industries Co Business Description

Address 4-154, Horinouchi, Aichi, Komaki, JPN, 485-8523
Sato Foods Industries Co Ltd is a Japanese firm engaged in the manufacturing and sales of tea extracts, plant extracts, naturally derived flavorings and powdered alcohol.
70GF Score

Get the complete analysis for TSE:2814

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

円3,170.00
Price
円2,293.44
GF Value