Towa Food Service Co (TSE:3329) ROC (Joel Greenblatt) %: 37.11% (As of Apr. 2026) — 81% Above Median

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TSE:3329 Towa Food Service Co Ltd TSE:3329
73 GF Score
Price 円2,112.00
GF Value 円2,233.09
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Towa Food Service Co ROC (Joel Greenblatt) %?

Towa Food Service Co TSE:3329 -0.05% 73 ROC (Joel Greenblatt) % is 37.11% as of Apr. 2026, which is 81% above its 10-year median of 20.54. GuruFocus rates TSE:3329 with a GF Score™ of 73/100 and a GF Value™ of 円2,233.09 (Fairly Valued). The stock has 2 warning signs investors should review. Among 363 Restaurants companies, Towa Food Service Co ranks better than 82.09% 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. Towa Food Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 37.11%.

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

TSE:3329' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.37   Med: 20.54   Max: 35.18
Current: 30.96

During the past 13 years, Towa Food Service Co's highest ROC (Joel Greenblatt) % was 35.18%. The lowest was -1.37%. And the median was 20.54%.

TSE:3329's ROC (Joel Greenblatt) % is ranked better than
82.09% of 363 companies
in the Restaurants industry
Industry Median: 8.67 vs TSE:3329: 30.96

Towa Food Service Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Towa Food Service Co  (TSE:3329) 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.


Towa Food Service Co ROC (Joel Greenblatt) % Related Terms


Towa Food Service Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Towa Food Service 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.

Towa Food Service Co ROC (Joel Greenblatt) % Chart

Towa Food Service Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.38 22.20 35.10 35.18 31.24

Towa Food Service Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 39.49 30.29 38.95 24.36 37.11

TSE:3329 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Towa Food Service 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.


Towa Food Service Co ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Towa Food Service Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Towa Food Service Co's ROC (Joel Greenblatt) % falls into.


TSE:3329
73GF Score
Towa Food Service Co Ltd TSE:3329
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Towa Food Service 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(236.09 + 208.335 + 485.751) - (1115.552 + 0 + 256.69)
=-442.066

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(252.301 + 234.149 + 497.776) - (1107.899 + 0 + 220.939)
=-344.612

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Towa Food Service Co for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1200.498/( ( (3234.695 + max(-442.066, 0)) + (3234.785 + max(-344.612, 0)) )/ 2 )
=1200.498/( ( 3234.695 + 3234.785 )/ 2 )
=1200.498/3234.74
=37.11 %

Note: The EBIT data used here is two times the semi-annual (Apr. 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 37.11% mean?
Towa Food Service Co (TSE:3329) has a ROC (Joel Greenblatt) % of 37.11% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Towa Food Service Co and its competitors. This is 81% above median its historical median of 20.54. According to the industry distribution chart, Towa Food Service Co ranks #65 out of 363 companies in the Restaurants industry, placing it in the top 17.9%.
Is Towa Food Service Co's ROC (Joel Greenblatt) % too high?
Towa Food Service Co's current ROC (Joel Greenblatt) % of 37.11% is 81% above median its 10-year median of 20.54. The Restaurants industry median ROC (Joel Greenblatt) % is 8.67. Towa Food Service Co's value of 37.11% is 328% above this industry median. Based on the distribution chart, Towa Food Service Co ranks #65 out of 363 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Towa Food Service Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towa Food Service Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Towa Food Service Co ranks #65 out of 363 companies for ROC (Joel Greenblatt) %. This places Towa Food Service Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.67. Towa Food Service Co's value of 37.11% is 328% above this benchmark. While the company's 10-year median is 20.54 vs. the industry median of 8.67, Towa Food Service 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 8.67, based on 363 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. Towa Food Service Co's current ROC (Joel Greenblatt) % of 37.11% is 328% 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 Towa Food Service Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towa Food Service Co's current ROC (Joel Greenblatt) % is 37.11%, which is 81% above median its own 10-year median of 20.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towa Food Service Co stock overvalued right now?
Based on GuruFocus' analysis, Towa Food Service Co (TSE:3329) is currently considered Fairly Valued. The stock's GF Value™ is 円2,233.09, compared to a current price of 円2,112.00 — trading 5.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 37.11%, which is 81% above median its 10-year median of 20.54 and 328% above the Restaurants industry median of 8.67. Towa Food Service Co's overall GF Score™ is 73/100 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 Towa Food Service Co (TSE:3329), the current ROC (Joel Greenblatt) % is 37.11% as of Apr. 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 Towa Food Service Co (TSE:3329) Overvalued in 2026?

Based on GuruFocus' analysis, Towa Food Service Co stock appears to be undervalued. The current stock price of 円2,112.00 is trading 5.4% below its estimated GF Value™ of 円2,233.09. GuruFocus considers Towa Food Service Co to be Fairly Valued.

Key valuation signals for TSE:3329:

  • ROC (Joel Greenblatt) %: 37.11% (81% above median its 10-year median of 20.54)
  • GF Value™: 円2,233.09 vs. price of 円2,112.00 (5.4% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 328% above the Restaurants median (#65 of 363)

No single metric tells the full story. See the TSE:3329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Towa Food Service Co Business Description

Address 3-20-1, Towa J\'S Building, 6th Floor, Shinbashi, Minato-ku, Tokyo, JPN, 105-0004
Towa Food Service Co Ltd operates of restaurants, cafes, and other specialty food stores. Its product line includes store chains known as Spaghetti-ya Dona, Ducky Duck and Pronto. The company offers coffee, tea, pasta and pizza, and other dining and cafe related products. It operates in a single segment which is food service business.
73GF Score

Get the complete analysis for TSE:3329

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

円2,112.00
Price
円2,233.09
GF Value