AZUMA HOUSE Co (TSE:3293) ROC (Joel Greenblatt) %: 5.02% (As of Mar. 2026) — 10% Below Median

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TSE:3293 AZUMA HOUSE Co Ltd TSE:3293
47 GF Score
Price 円767.00
GF Value 円637.54
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AZUMA HOUSE Co ROC (Joel Greenblatt) %?

AZUMA HOUSE Co TSE:3293 +0.13% 47 ROC (Joel Greenblatt) % is 5.02% as of Mar. 2026, which is 10% below its 10-year median of 5.56. GuruFocus rates TSE:3293 with a GF Score™ of 47/100 and a GF Value™ of 円637.54 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,752 Real Estate companies, AZUMA HOUSE Co ranks worse than 66.72% 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. AZUMA HOUSE Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.02%.

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

TSE:3293' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.4   Med: 5.56   Max: 7.99
Current: 4.4

During the past 13 years, AZUMA HOUSE Co's highest ROC (Joel Greenblatt) % was 7.99%. The lowest was 4.40%. And the median was 5.56%.

TSE:3293's ROC (Joel Greenblatt) % is ranked worse than
66.72% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs TSE:3293: 4.40

AZUMA HOUSE Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.60% per year.


AZUMA HOUSE Co  (TSE:3293) 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.


AZUMA HOUSE Co ROC (Joel Greenblatt) % Related Terms


AZUMA HOUSE Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for AZUMA HOUSE 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.

AZUMA HOUSE Co ROC (Joel Greenblatt) % Chart

AZUMA HOUSE Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 5.45 5.48 5.18 4.40

AZUMA HOUSE Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.69 5.81 4.52 3.77 5.02

AZUMA HOUSE Co ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, AZUMA HOUSE 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.


AZUMA HOUSE Co ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, AZUMA HOUSE Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where AZUMA HOUSE Co's ROC (Joel Greenblatt) % falls into.


TSE:3293
47GF Score
AZUMA HOUSE Co Ltd TSE:3293
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AZUMA HOUSE 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:

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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.286 + 3616.261 + 484.267) - (490.454 + 0 + 966.834)
=2682.526

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.629 + 3391.462 + 607.948) - (561.61 + 0 + 952.298)
=2527.131

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AZUMA HOUSE Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1265.398/( ( (22482.856 + max(2682.526, 0)) + (22763.295 + max(2527.131, 0)) )/ 2 )
=1265.398/( ( 25165.382 + 25290.426 )/ 2 )
=1265.398/25227.904
=5.02 %

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 5.02% mean?
AZUMA HOUSE Co (TSE:3293) has a ROC (Joel Greenblatt) % of 5.02% 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 AZUMA HOUSE Co and its competitors. This is 10% below median its historical median of 5.56. Over the past decade, AZUMA HOUSE Co's ROC (Joel Greenblatt) % has ranged from 4.40 to 7.99. According to the industry distribution chart, AZUMA HOUSE Co ranks #1169 out of 1752 companies in the Real Estate industry, placing it in the top 66.7%.
Is AZUMA HOUSE Co's ROC (Joel Greenblatt) % too high?
AZUMA HOUSE Co's current ROC (Joel Greenblatt) % of 5.02% is 10% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 7.99. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. AZUMA HOUSE Co's value of 5.02% is 60.9% below this industry median. Based on the distribution chart, AZUMA HOUSE Co ranks #1169 out of 1752 companies in the Real Estate industry, which is below the industry midpoint. Overall, AZUMA HOUSE Co has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AZUMA HOUSE Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, AZUMA HOUSE Co ranks #1169 out of 1752 companies for ROC (Joel Greenblatt) %. This places AZUMA HOUSE Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. AZUMA HOUSE Co's value of 5.02% is 60.9% below this benchmark. Historically, AZUMA HOUSE Co's own ROC (Joel Greenblatt) % has ranged from 4.40 to 7.99 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 12.85, AZUMA HOUSE 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. AZUMA HOUSE Co's current ROC (Joel Greenblatt) % of 5.02% is 60.9% 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 AZUMA HOUSE Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AZUMA HOUSE Co's current ROC (Joel Greenblatt) % is 5.02%, which is 10% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AZUMA HOUSE Co stock overvalued right now?
Based on GuruFocus' analysis, AZUMA HOUSE Co (TSE:3293) is currently considered Modestly Overvalued. The stock's GF Value™ is 円637.54, compared to a current price of 円767.00 — trading 20.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.02%, which is 10% below median its 10-year median of 5.56 and 60.9% below the Real Estate industry median of 12.85. AZUMA HOUSE Co's overall GF Score™ is 47/100 with 7 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 AZUMA HOUSE Co (TSE:3293), the current ROC (Joel Greenblatt) % is 5.02% 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 AZUMA HOUSE Co (TSE:3293) Overvalued in 2026?

Based on GuruFocus' analysis, AZUMA HOUSE Co stock appears to be overvalued. The current stock price of 円767.00 is trading 20.3% above its estimated GF Value™ of 円637.54. GuruFocus considers AZUMA HOUSE Co to be Modestly Overvalued.

Key valuation signals for TSE:3293:

  • ROC (Joel Greenblatt) %: 5.02% (10% below median its 10-year median of 5.56)
  • GF Value™: 円637.54 vs. price of 円767.00 (20.3% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 60.9% below the Real Estate median (#1169 of 1752)

No single metric tells the full story. See the TSE:3293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AZUMA HOUSE Co Business Description

Address Azma House Building 3rd Floor, Kuroda 1 - chome 2 - 17, Wakayama, JPN, 6408341
AZUMA HOUSE Co Ltd is a real estate company engaged in construction and distribution of residential houses built for sale, the sale of land and the provision of building renovation service and real estate brokerage service.
47GF Score

Get the complete analysis for TSE:3293

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

円767.00
Price
円637.54
GF Value