Hamee (TSE:3134) ROC (Joel Greenblatt) %: 9.74% (As of Apr. 2026) — 87% Below Median

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TSE:3134 Hamee Corp TSE:3134
67 GF Score
Price 円292.00
GF Value 円634.41
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Hamee ROC (Joel Greenblatt) %?

Hamee TSE:3134 +1.04% 67 ROC (Joel Greenblatt) % is 9.74% as of Apr. 2026, which is 87% below its 10-year median of 76.08. GuruFocus rates TSE:3134 with a GF Score™ of 67/100 and a GF Value™ of 円634.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Hamee ranks worse than 55.13% 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. Hamee's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 9.74%.

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

TSE:3134' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.38   Med: 76.08   Max: 110.09
Current: 9.38

During the past 13 years, Hamee's highest ROC (Joel Greenblatt) % was 110.09%. The lowest was 9.38%. And the median was 76.08%.

TSE:3134's ROC (Joel Greenblatt) % is ranked worse than
55.13% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 11.64 vs TSE:3134: 9.38

Hamee's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -35.10% per year.


Hamee  (TSE:3134) 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.


Hamee ROC (Joel Greenblatt) % Related Terms


Hamee ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hamee'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.

Hamee ROC (Joel Greenblatt) % Chart

Hamee 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 86.65 34.00 38.49 29.76 9.90

Hamee Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 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 0.00 5.53 19.24 2.17 9.74

TSE:3134 vs AMZN, BABA, PDD: ROC (Joel Greenblatt) % Comparison

For the Internet Retail subindustry, Hamee'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.


Hamee ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

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

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


TSE:3134
67GF Score
Hamee Corp TSE:3134
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamee 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1798.573 + 4559.093 + 1891.607) - (1090.308 + 0 + 575.781)
=6583.184

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2129.599 + 4423.487 + 1810.518) - (1038.729 + 0 + 461.718)
=6863.157

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hamee 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: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=841.68/( ( (2003.033 + max(6583.184, 0)) + (1837.81 + max(6863.157, 0)) )/ 2 )
=841.68/( ( 8586.217 + 8700.967 )/ 2 )
=841.68/8643.592
=9.74 %

Note: The EBIT data used here is four times the quarterly (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 9.74% mean?
Hamee (TSE:3134) has a ROC (Joel Greenblatt) % of 9.74% 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 Hamee and its competitors. This is 87% below median its historical median of 76.08. Over the past decade, Hamee's ROC (Joel Greenblatt) % has ranged from 9.38 to 110.09. According to the industry distribution chart, Hamee ranks #623 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 55.1%.
Is Hamee's ROC (Joel Greenblatt) % too high?
Hamee's current ROC (Joel Greenblatt) % of 9.74% is 87% below median its 10-year median of 76.08. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 110.09. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. Hamee's value of 9.74% is 16.3% below this industry median. Based on the distribution chart, Hamee ranks #623 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Hamee has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hamee's ROC (Joel Greenblatt) % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Hamee ranks #623 out of 1130 companies for ROC (Joel Greenblatt) %. This places Hamee in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. Hamee's value of 9.74% is 16.3% below this benchmark. Historically, Hamee's own ROC (Joel Greenblatt) % has ranged from 9.38 to 110.09 over the past decade. While the company's 10-year median is 76.08 vs. the industry median of 11.64, Hamee 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. Hamee's current ROC (Joel Greenblatt) % of 9.74% is 16.3% 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 Hamee and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamee's current ROC (Joel Greenblatt) % is 9.74%, which is 87% below median its own 10-year median of 76.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamee stock overvalued right now?
Based on GuruFocus' analysis, Hamee (TSE:3134) is currently considered Possible Value Trap. The stock's GF Value™ is 円634.41, compared to a current price of 円292.00 — trading 54% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.74%, which is 87% below median its 10-year median of 76.08 and 16.3% below the Retail - Cyclical industry median of 11.64. Hamee's overall GF Score™ is 67/100 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 Hamee (TSE:3134), the current ROC (Joel Greenblatt) % is 9.74% 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 Hamee (TSE:3134) Overvalued in 2026?

Based on GuruFocus' analysis, Hamee stock appears to be undervalued. The current stock price of 円292.00 is trading 54% below its estimated GF Value™ of 円634.41. GuruFocus considers Hamee to be Possible Value Trap.

Key valuation signals for TSE:3134:

  • ROC (Joel Greenblatt) %: 9.74% (87% below median its 10-year median of 76.08)
  • GF Value™: 円634.41 vs. price of 円292.00 (54% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 16.3% below the Retail - Cyclical median (#623 of 1130)

No single metric tells the full story. See the TSE:3134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamee Business Description

Address 2-12-10 Sakaemachi, Square O2, Kanagawa Prefecture, Odawara, JPN, 250-0011
Hamee Corp engages in the planning and sale of mobile accessories. It operates through the following segments: Commerce and Platform business. The Commerce Business purchases and sells mobile phones and smartphone accessories. The Platform Business offers the sale of internet shopping operating companies and support services of inventory management. It engages in the development and provision of Next Engine, a cloud-type business management platform for Internet mail-order business operators.
67GF Score

Get the complete analysis for TSE:3134

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

円292.00
Price
円634.41
GF Value