Tokyo Ichiban Foods Co (TSE:3067) ROC (Joel Greenblatt) %: 20.50% (As of Mar. 2026) — 176% Above Median

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TSE:3067 Tokyo Ichiban Foods Co Ltd TSE:3067
66 GF Score
Price 円453.00
GF Value 円483.36
Valuation Fairly Valued
! 7 Warning Signs
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What is Tokyo Ichiban Foods Co ROC (Joel Greenblatt) %?

Tokyo Ichiban Foods Co TSE:3067 -0.22% 66 ROC (Joel Greenblatt) % is 20.50% as of Mar. 2026, which is 176% above its 10-year median of 7.43. GuruFocus rates TSE:3067 with a GF Score™ of 66/100 and a GF Value™ of 円483.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 363 Restaurants companies, Tokyo Ichiban Foods Co ranks worse than 53.72% 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. Tokyo Ichiban Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.50%.

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

TSE:3067' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -39.62   Med: 7.43   Max: 24.38
Current: 7.1

During the past 13 years, Tokyo Ichiban Foods Co's highest ROC (Joel Greenblatt) % was 24.38%. The lowest was -39.62%. And the median was 7.43%.

TSE:3067's ROC (Joel Greenblatt) % is ranked worse than
53.72% of 363 companies
in the Restaurants industry
Industry Median: 8.67 vs TSE:3067: 7.10

Tokyo Ichiban Foods Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Tokyo Ichiban Foods Co  (TSE:3067) 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.


Tokyo Ichiban Foods Co ROC (Joel Greenblatt) % Related Terms


Tokyo Ichiban Foods Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tokyo Ichiban Foods 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.

Tokyo Ichiban Foods Co ROC (Joel Greenblatt) % Chart

Tokyo Ichiban Foods Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 12.62 7.37 6.49 5.61

Tokyo Ichiban Foods Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 34.71 -19.45 24.78 -8.72 20.50

TSE:3067 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Tokyo Ichiban Foods 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.


Tokyo Ichiban Foods Co ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tokyo Ichiban Foods Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:3067
66GF Score
Tokyo Ichiban Foods Co Ltd TSE:3067
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Ichiban Foods 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(259.288 + 720.222 + 1094.07) - (467.309 + 0 + 143.271)
=1463

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(287.954 + 647.873 + 100.434) - (552.071 + 0 + 194.8)
=289.39

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tokyo Ichiban Foods 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=792.726/( ( (2489.026 + max(1463, 0)) + (3491.519 + max(289.39, 0)) )/ 2 )
=792.726/( ( 3952.026 + 3780.909 )/ 2 )
=792.726/3866.4675
=20.50 %

Note: The EBIT data used here is two times the semi-annual (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 20.50% mean?
Tokyo Ichiban Foods Co (TSE:3067) has a ROC (Joel Greenblatt) % of 20.50% 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 Tokyo Ichiban Foods Co and its competitors. This is 176% above median its historical median of 7.43. According to the industry distribution chart, Tokyo Ichiban Foods Co ranks #195 out of 363 companies in the Restaurants industry, placing it in the top 53.7%.
Is Tokyo Ichiban Foods Co's ROC (Joel Greenblatt) % too high?
Tokyo Ichiban Foods Co's current ROC (Joel Greenblatt) % of 20.50% is 176% above median its 10-year median of 7.43. The Restaurants industry median ROC (Joel Greenblatt) % is 8.67. Tokyo Ichiban Foods Co's value of 20.50% is 136.4% above this industry median. Based on the distribution chart, Tokyo Ichiban Foods Co ranks #195 out of 363 companies in the Restaurants industry, which is below the industry midpoint. Overall, Tokyo Ichiban Foods Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ichiban Foods Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tokyo Ichiban Foods Co ranks #195 out of 363 companies for ROC (Joel Greenblatt) %. This places Tokyo Ichiban Foods Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.67. Tokyo Ichiban Foods Co's value of 20.50% is 136.4% above this benchmark. While the company's 10-year median is 7.43 vs. the industry median of 8.67, Tokyo Ichiban Foods 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.67, based on 363 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. Tokyo Ichiban Foods Co's current ROC (Joel Greenblatt) % of 20.50% is 136.4% 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 Tokyo Ichiban Foods Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Ichiban Foods Co's current ROC (Joel Greenblatt) % is 20.50%, which is 176% above median its own 10-year median of 7.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ichiban Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ichiban Foods Co (TSE:3067) is currently considered Fairly Valued. The stock's GF Value™ is 円483.36, compared to a current price of 円453.00 — trading 6.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.50%, which is 176% above median its 10-year median of 7.43 and 136.4% above the Restaurants industry median of 8.67. Tokyo Ichiban Foods Co's overall GF Score™ is 66/100 with 7 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 Tokyo Ichiban Foods Co (TSE:3067), the current ROC (Joel Greenblatt) % is 20.50% 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 Tokyo Ichiban Foods Co (TSE:3067) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Ichiban Foods Co stock appears to be undervalued. The current stock price of 円453.00 is trading 6.3% below its estimated GF Value™ of 円483.36. GuruFocus considers Tokyo Ichiban Foods Co to be Fairly Valued.

Key valuation signals for TSE:3067:

  • ROC (Joel Greenblatt) %: 20.50% (176% above median its 10-year median of 7.43)
  • GF Value™: 円483.36 vs. price of 円453.00 (6.3% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 136.4% above the Restaurants median (#195 of 363)

No single metric tells the full story. See the TSE:3067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Ichiban Foods Co Business Description

Address 5-6-1 Shinjuku, Shinjuku Yawaragi Building 4th Floor, Tokyo, JPN, 160-0022
Tokyo Ichiban Foods Co Ltd is a Japan-based company engages in the operation of restaurants that offer tiger blowfish preparation, sushi, and other fish delicacies. It operates sushi and live fish's restaurant under the Sakana-no-manma name; and tiger blowfish restaurant under the Fuguyoshi Souhonten name.
66GF Score

Get the complete analysis for TSE:3067

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

円453.00
Price
円483.36
GF Value