Anap Holdings (TSE:3189) ROC (Joel Greenblatt) %: -116.27% (As of Feb. 2026)

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TSE:3189 Anap Holdings Inc TSE:3189
32 GF Score
Price 円98.00
GF Value 円30.81
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Anap Holdings ROC (Joel Greenblatt) %?

Anap Holdings TSE:3189 32 ROC (Joel Greenblatt) % is -116.27% as of Feb. 2026. GuruFocus rates TSE:3189 with a GF Score™ of 32/100 and a GF Value™ of 円30.81 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Anap Holdings ranks worse than 95.58% 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. Anap Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -116.27%.

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

TSE:3189' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -183.95   Med: -28.82   Max: 42.47
Current: -117.48

During the past 13 years, Anap Holdings's highest ROC (Joel Greenblatt) % was 42.47%. The lowest was -183.95%. And the median was -28.82%.

TSE:3189's ROC (Joel Greenblatt) % is ranked worse than
95.58% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 11.64 vs TSE:3189: -117.48

Anap Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.00% per year.


Anap Holdings  (TSE:3189) 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.


Anap Holdings ROC (Joel Greenblatt) % Related Terms


Anap Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Anap Holdings'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.

Anap Holdings ROC (Joel Greenblatt) % Chart

Anap Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.63 -43.60 -114.00 -183.95 -29.23

Anap Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -143.01 -213.17 410.39 -78.52 -116.27

TSE:3189 vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison

For the Apparel Retail subindustry, Anap Holdings'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.


Anap Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

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

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


TSE:3189
32GF Score
Anap Holdings Inc TSE:3189
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anap Holdings 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(370.286 + 228.382 + 16605.793) - (277.136 + 0 + 228.655)
=16698.67

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.088 + 225.949 + 14522.334) - (170.268 + 0 + 265.088)
=14442.015

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Anap Holdings for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18519.876/( ( (44.844 + max(16698.67, 0)) + (670.454 + max(14442.015, 0)) )/ 2 )
=-18519.876/( ( 16743.514 + 15112.469 )/ 2 )
=-18519.876/15927.9915
=-116.27 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 -116.27% mean?
Anap Holdings (TSE:3189) has a ROC (Joel Greenblatt) % of -116.27% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Anap Holdings and its competitors. According to the industry distribution chart, Anap Holdings ranks #1080 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 95.6%.
Is Anap Holdings' ROC (Joel Greenblatt) % too high?
Anap Holdings' current ROC (Joel Greenblatt) % is -116.27%. Based on the distribution chart, Anap Holdings ranks #1080 out of 1130 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Anap Holdings has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anap Holdings' ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Anap Holdings ranks #1080 out of 1130 companies for ROC (Joel Greenblatt) %. This places Anap Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. 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. 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 Anap Holdings 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. Anap Holdings's current ROC (Joel Greenblatt) % is -116.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anap Holdings stock overvalued right now?
Based on GuruFocus' analysis, Anap Holdings (TSE:3189) is currently considered Significantly Overvalued. The stock's GF Value™ is 円30.81, compared to a current price of 円98.00 — trading 218.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is -116.27%. Anap Holdings' overall GF Score™ is 32/100 with 10 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 Anap Holdings (TSE:3189), the current ROC (Joel Greenblatt) % is -116.27% as of Feb. 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 Anap Holdings (TSE:3189) Overvalued in 2026?

Based on GuruFocus' analysis, Anap Holdings stock appears to be overvalued. The current stock price of 円98.00 is trading 218.1% above its estimated GF Value™ of 円30.81. GuruFocus considers Anap Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3189:

  • ROC (Joel Greenblatt) %: -116.27%
  • GF Value™: 円30.81 vs. price of 円98.00 (218.1% above fair value)
  • GF Score™: 32/100 with 10 warning signs

No single metric tells the full story. See the TSE:3189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anap Holdings Business Description

Address 20-19 Minamiaoyama 4-chome, Minato-ku, Tokyo, JPN, 107-0062
Anap Holdings Inc operates a variety of businesses, including apparel, beauty, relaxation, and investment. The company is engaged in formulating and implementing management strategies for the entire group of companies involved in casual clothing sales, beauty salon-related businesses, investment businesses, and others.
32GF Score

Get the complete analysis for TSE:3189

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

円98.00
Price
円30.81
GF Value