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Chimney CoTSE:3178 -0.79%70 ROC (Joel Greenblatt) % is 36.67% as of Mar. 2026, which is 19% below its 10-year median of 45.23. GuruFocus rates TSE:3178 with a GF Score™ of 70/100 and a GF Value™ of 円1,341.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 364 Restaurants companies, Chimney Co ranks better than 76.92% 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. Chimney Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.67%.
The historical rank and industry rank for Chimney Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3178'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -358.22 Med: 45.23 Max: 62.63
Current: 27.36
During the past 13 years, Chimney Co's highest ROC (Joel Greenblatt) % was 62.63%. The lowest was -358.22%. And the median was 45.23%.
TSE:3178's ROC (Joel Greenblatt) % is ranked better than 76.92% of 364
companies
in the Restaurants industry
Industry Median: 8.52
vs TSE:3178: 27.36
Chimney Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Chimney Co (TSE:3178) 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.
Chimney Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Chimney 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:3178 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, Chimney 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.
Chimney Co ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chimney Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Chimney 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 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 36.67% mean?
Chimney Co (TSE:3178) has a ROC (Joel Greenblatt) % of 36.67% 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 Chimney Co and its competitors. This is 19% below median its historical median of 45.23. According to the industry distribution chart, Chimney Co ranks #84 out of 364 companies in the Restaurants industry, placing it in the top 23.1%.
Is Chimney Co's ROC (Joel Greenblatt) % too high?
Chimney Co's current ROC (Joel Greenblatt) % of 36.67% is 19% below median its 10-year median of 45.23. The Restaurants industry median ROC (Joel Greenblatt) % is 8.52. Chimney Co's value of 36.67% is 330.4% above this industry median. Based on the distribution chart, Chimney Co ranks #84 out of 364 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Chimney Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chimney Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Chimney Co ranks #84 out of 364 companies for ROC (Joel Greenblatt) %. This places Chimney Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.52. Chimney Co's value of 36.67% is 330.4% above this benchmark. While the company's 10-year median is 45.23 vs. the industry median of 8.52, Chimney 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 8.52, based on 364 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. Chimney Co's current ROC (Joel Greenblatt) % of 36.67% is 330.4% 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 Chimney Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chimney Co's current ROC (Joel Greenblatt) % is 36.67%, which is 19% below median its own 10-year median of 45.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chimney Co stock overvalued right now?
Based on GuruFocus' analysis, Chimney Co (TSE:3178) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,341.70, compared to a current price of 円1,137.00 — trading 15.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 36.67%, which is 19% below median its 10-year median of 45.23 and 330.4% above the Restaurants industry median of 8.52. Chimney 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 Chimney Co (TSE:3178), the current ROC (Joel Greenblatt) % is 36.67% 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 Chimney Co (TSE:3178) Overvalued in 2026?
Based on GuruFocus' analysis, Chimney Co stock appears to be undervalued.
The current stock price of 円1,137.00 is trading 15.3% below its estimated GF Value™ of 円1,341.70.
GuruFocus considers Chimney Co to be Modestly Undervalued.
Key valuation signals for TSE:3178:
ROC (Joel Greenblatt) %: 36.67% (19% below median its 10-year median of 45.23)
GF Value™: 円1,341.70 vs. price of 円1,137.00 (15.3% below fair value)
Industry Position: 330.4% above the Restaurants median (#84 of 364)
No single metric tells the full story. See the TSE:3178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chimney Co Ltd owns restaurant chains in Japan that operate under dozens of different brand names. Chimney both operates restaurants directly and franchises its names to be operated by franchisees.
70GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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