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Hoosiers HoldingsTSE:3284 -0.32%65 ROC (Joel Greenblatt) % is 20.71% as of Mar. 2026, which is 133% above its 10-year median of 8.88. GuruFocus rates TSE:3284 with a GF Score™ of 65/100 and a GF Value™ of 円1,467.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 96 Homebuilding & Construction companies, Hoosiers Holdings ranks worse than 51.04% 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. Hoosiers Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.71%.
The historical rank and industry rank for Hoosiers Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3284'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.28 Med: 8.88 Max: 11.29
Current: 10.81
During the past 13 years, Hoosiers Holdings's highest ROC (Joel Greenblatt) % was 11.29%. The lowest was 3.28%. And the median was 8.88%.
TSE:3284's ROC (Joel Greenblatt) % is ranked worse than 51.04% of 96
companies
in the Homebuilding & Construction industry
Industry Median: 11.055
vs TSE:3284: 10.81
Hoosiers Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.80% per year.
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.
Hoosiers Holdings ROC (Joel Greenblatt) % Related Terms
Hoosiers Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hoosiers 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.
TSE:3284 vs DHI, PHM, LEN: ROC (Joel Greenblatt) % Comparison
For the Residential Construction subindustry, Hoosiers 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.
Hoosiers Holdings ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Hoosiers Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hoosiers Holdings'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 20.71% mean?
Hoosiers Holdings (TSE:3284) has a ROC (Joel Greenblatt) % of 20.71% 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 Hoosiers Holdings and its competitors. This is 133% above median its historical median of 8.88. Over the past decade, Hoosiers Holdings' ROC (Joel Greenblatt) % has ranged from 3.28 to 11.29. According to the industry distribution chart, Hoosiers Holdings ranks #49 out of 96 companies in the Homebuilding & Construction industry, placing it in the top 51%.
Is Hoosiers Holdings' ROC (Joel Greenblatt) % too high?
Hoosiers Holdings' current ROC (Joel Greenblatt) % of 20.71% is 133% above median its 10-year median of 8.88. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 11.29. The Homebuilding & Construction industry median ROC (Joel Greenblatt) % is 11.06. Hoosiers Holdings' value of 20.71% is 87.3% above this industry median. Based on the distribution chart, Hoosiers Holdings ranks #49 out of 96 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Hoosiers Holdings has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoosiers Holdings' ROC (Joel Greenblatt) % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Hoosiers Holdings ranks #49 out of 96 companies for ROC (Joel Greenblatt) %. This places Hoosiers Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.06. Hoosiers Holdings' value of 20.71% is 87.3% above this benchmark. Historically, Hoosiers Holdings' own ROC (Joel Greenblatt) % has ranged from 3.28 to 11.29 over the past decade. While the company's 10-year median is 8.88 vs. the industry median of 11.06, Hoosiers Holdings 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 11.06, based on 96 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. Hoosiers Holdings's current ROC (Joel Greenblatt) % of 20.71% is 87.3% 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 Hoosiers Holdings and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 11.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoosiers Holdings's current ROC (Joel Greenblatt) % is 20.71%, which is 133% above median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoosiers Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hoosiers Holdings (TSE:3284) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,467.32, compared to a current price of 円1,265.00 — trading 13.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.71%, which is 133% above median its 10-year median of 8.88 and 87.3% above the Homebuilding & Construction industry median of 11.06. Hoosiers Holdings' overall GF Score™ is 65/100 with 4 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 Hoosiers Holdings (TSE:3284), the current ROC (Joel Greenblatt) % is 20.71% 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 Hoosiers Holdings (TSE:3284) Overvalued in 2026?
Based on GuruFocus' analysis, Hoosiers Holdings stock appears to be undervalued.
The current stock price of 円1,265.00 is trading 13.8% below its estimated GF Value™ of 円1,467.32.
GuruFocus considers Hoosiers Holdings to be Modestly Undervalued.
Key valuation signals for TSE:3284:
ROC (Joel Greenblatt) %: 20.71% (133% above median its 10-year median of 8.88)
GF Value™: 円1,467.32 vs. price of 円1,265.00 (13.8% below fair value)
Industry Position: 87.3% above the Homebuilding & Construction median (#49 of 96)
No single metric tells the full story. See the TSE:3284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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