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Ifujingyo CoTSE:2924 -1.32%83 ROC (Joel Greenblatt) % is 23.39% as of Mar. 2026, which is 16% above its 10-year median of 20.09. GuruFocus rates TSE:2924 with a GF Score™ of 83/100 and a GF Value™ of 円2,295.20 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,975 Consumer Packaged Goods companies, Ifujingyo Co ranks better than 77.72% 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. Ifujingyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.39%.
The historical rank and industry rank for Ifujingyo Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:2924'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.68 Med: 20.09 Max: 35.11
Current: 28.2
During the past 13 years, Ifujingyo Co's highest ROC (Joel Greenblatt) % was 35.11%. The lowest was 12.68%. And the median was 20.09%.
TSE:2924's ROC (Joel Greenblatt) % is ranked better than 77.72% of 1975
companies
in the Consumer Packaged Goods industry
Industry Median: 12.08
vs TSE:2924: 28.20
Ifujingyo Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.70% per year.
Ifujingyo Co (TSE:2924) 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.
Ifujingyo Co ROC (Joel Greenblatt) % Related Terms
Ifujingyo Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ifujingyo 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:2924 vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison
For the Farm Products subindustry, Ifujingyo 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.
Ifujingyo Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ifujingyo Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ifujingyo Co'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 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 23.39% mean?
Ifujingyo Co (TSE:2924) has a ROC (Joel Greenblatt) % of 23.39% 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 Ifujingyo Co and its competitors. This is 16% above median its historical median of 20.09. Over the past decade, Ifujingyo Co's ROC (Joel Greenblatt) % has ranged from 12.68 to 35.11. According to the industry distribution chart, Ifujingyo Co ranks #440 out of 1975 companies in the Consumer Packaged Goods industry, placing it in the top 22.3%.
Is Ifujingyo Co's ROC (Joel Greenblatt) % too high?
Ifujingyo Co's current ROC (Joel Greenblatt) % of 23.39% is 16% above median its 10-year median of 20.09. Over the past 10 years, this metric has ranged from a low of 12.68 to a high of 35.11. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.08. Ifujingyo Co's value of 23.39% is 93.6% above this industry median. Based on the distribution chart, Ifujingyo Co ranks #440 out of 1975 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ifujingyo Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ifujingyo Co's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ifujingyo Co ranks #440 out of 1975 companies for ROC (Joel Greenblatt) %. This places Ifujingyo Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.08. Ifujingyo Co's value of 23.39% is 93.6% above this benchmark. Historically, Ifujingyo Co's own ROC (Joel Greenblatt) % has ranged from 12.68 to 35.11 over the past decade. While the company's 10-year median is 20.09 vs. the industry median of 12.08, Ifujingyo 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.08, based on 1,975 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. Ifujingyo Co's current ROC (Joel Greenblatt) % of 23.39% is 93.6% 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 Ifujingyo Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ifujingyo Co's current ROC (Joel Greenblatt) % is 23.39%, which is 16% above median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ifujingyo Co stock overvalued right now?
Based on GuruFocus' analysis, Ifujingyo Co (TSE:2924) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,295.20, compared to a current price of 円1,937.00 — trading 15.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.39%, which is 16% above median its 10-year median of 20.09 and 93.6% above the Consumer Packaged Goods industry median of 12.08. Ifujingyo Co's overall GF Score™ is 83/100 with 2 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 Ifujingyo Co (TSE:2924), the current ROC (Joel Greenblatt) % is 23.39% 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 Ifujingyo Co (TSE:2924) Overvalued in 2026?
Based on GuruFocus' analysis, Ifujingyo Co stock appears to be undervalued.
The current stock price of 円1,937.00 is trading 15.6% below its estimated GF Value™ of 円2,295.20.
GuruFocus considers Ifujingyo Co to be Modestly Undervalued.
Key valuation signals for TSE:2924:
ROC (Joel Greenblatt) %: 23.39% (16% above median its 10-year median of 20.09)
GF Value™: 円2,295.20 vs. price of 円1,937.00 (15.6% below fair value)
Industry Position: 93.6% above the Consumer Packaged Goods median (#440 of 1975)
No single metric tells the full story. See the TSE:2924 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ifuji Sangyo Co Ltd is a Japan-based company engages in the production and sale of eggs products. Its products line include frozen, boiled, and liquid eggs as well as pot-steamed hotchpotch and egg tofu.
83GF Score
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