Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lacto Japan CoTSE:3139 +1.52%78 ROC (Joel Greenblatt) % is 9.90% as of May. 2026, which is 2% below its 10-year median of 10.12. GuruFocus rates TSE:3139 with a GF Score™ of 78/100 and a GF Value™ of 円3,419.24 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,978 Consumer Packaged Goods companies, Lacto Japan Co ranks worse than 60.41% 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. Lacto Japan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 9.90%.
The historical rank and industry rank for Lacto Japan Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3139'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.72 Med: 10.12 Max: 11.85
Current: 8.42
During the past 12 years, Lacto Japan Co's highest ROC (Joel Greenblatt) % was 11.85%. The lowest was 6.72%. And the median was 10.12%.
TSE:3139's ROC (Joel Greenblatt) % is ranked worse than 60.41% of 1978
companies
in the Consumer Packaged Goods industry
Industry Median: 12.08
vs TSE:3139: 8.42
Lacto Japan Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.10% per year.
Lacto Japan Co (TSE:3139) 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.
Lacto Japan Co ROC (Joel Greenblatt) % Related Terms
Lacto Japan Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Lacto Japan 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:3139 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Lacto Japan 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.
Lacto Japan Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lacto Japan Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lacto Japan Co's ROC (Joel Greenblatt) % falls into.
Lacto Japan 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:
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 (May. 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 9.90% mean?
Lacto Japan Co (TSE:3139) has a ROC (Joel Greenblatt) % of 9.90% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Lacto Japan Co and its competitors. This is near median its historical median of 10.12. Over the past decade, Lacto Japan Co's ROC (Joel Greenblatt) % has ranged from 6.72 to 11.85. According to the industry distribution chart, Lacto Japan Co ranks #1195 out of 1978 companies in the Consumer Packaged Goods industry, placing it in the top 60.4%.
Is Lacto Japan Co's ROC (Joel Greenblatt) % too high?
Lacto Japan Co's current ROC (Joel Greenblatt) % of 9.90% is near median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 11.85. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.08. Lacto Japan Co's value of 9.90% is 18% below this industry median. Based on the distribution chart, Lacto Japan Co ranks #1195 out of 1978 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Lacto Japan Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lacto Japan Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lacto Japan Co ranks #1195 out of 1978 companies for ROC (Joel Greenblatt) %. This places Lacto Japan Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.08. Lacto Japan Co's value of 9.90% is 18% below this benchmark. Historically, Lacto Japan Co's own ROC (Joel Greenblatt) % has ranged from 6.72 to 11.85 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 12.08, Lacto Japan 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 12.08, based on 1,978 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. Lacto Japan Co's current ROC (Joel Greenblatt) % of 9.90% is 18% 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 Lacto Japan 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. Lacto Japan Co's current ROC (Joel Greenblatt) % is 9.90%, which is near median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lacto Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Lacto Japan Co (TSE:3139) is currently considered Fairly Valued. The stock's GF Value™ is 円3,419.24, compared to a current price of 円3,340.00 — trading 2.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.90%, which is near median its 10-year median of 10.12 and 18% below the Consumer Packaged Goods industry median of 12.08. Lacto Japan Co's overall GF Score™ is 78/100 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 Lacto Japan Co (TSE:3139), the current ROC (Joel Greenblatt) % is 9.90% as of May. 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 Lacto Japan Co (TSE:3139) Overvalued in 2026?
Based on GuruFocus' analysis, Lacto Japan Co stock appears to be undervalued.
The current stock price of 円3,340.00 is trading 2.3% below its estimated GF Value™ of 円3,419.24.
GuruFocus considers Lacto Japan Co to be Fairly Valued.
Key valuation signals for TSE:3139:
ROC (Joel Greenblatt) %: 9.90% (near median its 10-year median of 10.12)
GF Value™: 円3,419.24 vs. price of 円3,340.00 (2.3% below fair value)
Industry Position: 18% below the Consumer Packaged Goods median (#1195 of 1978)
No single metric tells the full story. See the TSE:3139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lacto Japan Co Ltd is engaged in the trade of agricultural and livestock products, processed products, food processing machinery, quasi-pharmaceuticals, liquor, and other beverages. The group's only reportable segment is the food business.
78GF Score
Get the complete analysis for TSE:3139
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3139 has been successfully added to your 
