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Hotman CoTSE:3190 -3.51%62 ROC (Joel Greenblatt) % is 14.33% as of Mar. 2026, which is 176% above its 10-year median of 5.19. GuruFocus rates TSE:3190 with a GF Score™ of 62/100 and a GF Value™ of 円622.26 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Hotman Co ranks worse than 59.32% 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. Hotman Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.33%.
The historical rank and industry rank for Hotman Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3190'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.43 Med: 5.19 Max: 7.36
Current: 5.66
During the past 13 years, Hotman Co's highest ROC (Joel Greenblatt) % was 7.36%. The lowest was 2.43%. And the median was 5.19%.
TSE:3190's ROC (Joel Greenblatt) % is ranked worse than 59.32% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.54
vs TSE:3190: 5.66
Hotman Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.60% per year.
Hotman Co (TSE:3190) 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.
The historical data trend for Hotman 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.
Hotman Co ROC (Joel Greenblatt) % Competitor Comparison
For the Textile Manufacturing subindustry, Hotman 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.
Hotman Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hotman Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hotman 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 14.33% mean?
Hotman Co (TSE:3190) has a ROC (Joel Greenblatt) % of 14.33% 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 Hotman Co and its competitors. This is 176% above median its historical median of 5.19. Over the past decade, Hotman Co's ROC (Joel Greenblatt) % has ranged from 2.43 to 7.36. According to the industry distribution chart, Hotman Co ranks #630 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.3%.
Is Hotman Co's ROC (Joel Greenblatt) % too high?
Hotman Co's current ROC (Joel Greenblatt) % of 14.33% is 176% above median its 10-year median of 5.19. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 7.36. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.54. Hotman Co's value of 14.33% is 67.8% above this industry median. Based on the distribution chart, Hotman Co ranks #630 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Hotman Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotman Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hotman Co ranks #630 out of 1062 companies for ROC (Joel Greenblatt) %. This places Hotman Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.54. Hotman Co's value of 14.33% is 67.8% above this benchmark. Historically, Hotman Co's own ROC (Joel Greenblatt) % has ranged from 2.43 to 7.36 over the past decade. While the company's 10-year median is 5.19 vs. the industry median of 8.54, Hotman 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.54, based on 1,062 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. Hotman Co's current ROC (Joel Greenblatt) % of 14.33% is 67.8% 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 Hotman Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotman Co's current ROC (Joel Greenblatt) % is 14.33%, which is 176% above median its own 10-year median of 5.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotman Co stock overvalued right now?
Based on GuruFocus' analysis, Hotman Co (TSE:3190) is currently considered Fairly Valued. The stock's GF Value™ is 円622.26, compared to a current price of 円577.00 — trading 7.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.33%, which is 176% above median its 10-year median of 5.19 and 67.8% above the Manufacturing - Apparel & Accessories industry median of 8.54. Hotman Co's overall GF Score™ is 62/100 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 Hotman Co (TSE:3190), the current ROC (Joel Greenblatt) % is 14.33% 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 Hotman Co (TSE:3190) Overvalued in 2026?
Based on GuruFocus' analysis, Hotman Co stock appears to be undervalued.
The current stock price of 円577.00 is trading 7.3% below its estimated GF Value™ of 円622.26.
GuruFocus considers Hotman Co to be Fairly Valued.
Key valuation signals for TSE:3190:
ROC (Joel Greenblatt) %: 14.33% (176% above median its 10-year median of 5.19)
GF Value™: 円622.26 vs. price of 円577.00 (7.3% below fair value)
Industry Position: 67.8% above the Manufacturing - Apparel & Accessories median (#630 of 1062)
No single metric tells the full story. See the TSE:3190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hotman Co Ltd is a Japan-based company engaged in the automotive supplies and automotive-related business. Its operating segments include: the Yellow Hat Business, which sells, installs, and maintains car accessories; the TSUTAYA Business, which offers books, stationery, and DVD rentals; and the Up Garage Business, focused on buying and selling used car-related products. It generates the majority of its revenue from the Yellow Hat Business.
62GF 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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