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&Do Holdings CoTSE:3457 +0.22%66 ROC (Joel Greenblatt) % is 21.45% as of Mar. 2026, which is 85% above its 10-year median of 11.59. GuruFocus rates TSE:3457 with a GF Score™ of 66/100 and a GF Value™ of 円912.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,757 Real Estate companies, &Do Holdings Co ranks worse than 59.13% 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. &Do Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.45%.
The historical rank and industry rank for &Do Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3457'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.19 Med: 11.59 Max: 19.1
Current: 7.27
During the past 13 years, &Do Holdings Co's highest ROC (Joel Greenblatt) % was 19.10%. The lowest was 7.19%. And the median was 11.59%.
TSE:3457's ROC (Joel Greenblatt) % is ranked worse than 59.13% of 1757
companies
in the Real Estate industry
Industry Median: 12.95
vs TSE:3457: 7.27
&Do Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.10% per year.
&Do Holdings Co (TSE:3457) 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.
&Do Holdings Co ROC (Joel Greenblatt) % Related Terms
&Do Holdings Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for &Do Holdings 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.
TSE:3457 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, &Do Holdings 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.
&Do Holdings Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, &Do Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where &Do Holdings Co's ROC (Joel Greenblatt) % falls into.
&Do Holdings 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:
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 four times the quarterly (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 21.45% mean?
&Do Holdings Co (TSE:3457) has a ROC (Joel Greenblatt) % of 21.45% 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 &Do Holdings Co and its competitors. This is 85% above median its historical median of 11.59. Over the past decade, &Do Holdings Co's ROC (Joel Greenblatt) % has ranged from 7.19 to 19.10. According to the industry distribution chart, &Do Holdings Co ranks #1039 out of 1757 companies in the Real Estate industry, placing it in the top 59.1%.
Is &Do Holdings Co's ROC (Joel Greenblatt) % too high?
&Do Holdings Co's current ROC (Joel Greenblatt) % of 21.45% is 85% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 19.10. The Real Estate industry median ROC (Joel Greenblatt) % is 12.95. &Do Holdings Co's value of 21.45% is 65.6% above this industry median. Based on the distribution chart, &Do Holdings Co ranks #1039 out of 1757 companies in the Real Estate industry, which is below the industry midpoint. Overall, &Do Holdings Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does &Do Holdings Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, &Do Holdings Co ranks #1039 out of 1757 companies for ROC (Joel Greenblatt) %. This places &Do Holdings Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.95. &Do Holdings Co's value of 21.45% is 65.6% above this benchmark. Historically, &Do Holdings Co's own ROC (Joel Greenblatt) % has ranged from 7.19 to 19.10 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 12.95, &Do Holdings 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.95, based on 1,757 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. &Do Holdings Co's current ROC (Joel Greenblatt) % of 21.45% is 65.6% 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 &Do Holdings Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. &Do Holdings Co's current ROC (Joel Greenblatt) % is 21.45%, which is 85% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is &Do Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, &Do Holdings Co (TSE:3457) is currently considered Fairly Valued. The stock's GF Value™ is 円912.93, compared to a current price of 円918.00 — trading 0.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.45%, which is 85% above median its 10-year median of 11.59 and 65.6% above the Real Estate industry median of 12.95. &Do Holdings Co's overall GF Score™ is 66/100 with 8 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 &Do Holdings Co (TSE:3457), the current ROC (Joel Greenblatt) % is 21.45% 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 &Do Holdings Co (TSE:3457) Overvalued in 2026?
Based on GuruFocus' analysis, &Do Holdings Co stock appears to be overvalued.
The current stock price of 円918.00 is trading 0.6% above its estimated GF Value™ of 円912.93.
GuruFocus considers &Do Holdings Co to be Fairly Valued.
Key valuation signals for TSE:3457:
ROC (Joel Greenblatt) %: 21.45% (85% above median its 10-year median of 11.59)
GF Value™: 円912.93 vs. price of 円918.00 (0.6% above fair value)
Industry Position: 65.6% above the Real Estate median (#1039 of 1757)
No single metric tells the full story. See the TSE:3457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
&Do Holdings Co Ltd provides various services and consulting to franchised shops for buying and selling real estate. The company is also involved in the renovation business, which includes general refurbishment, planning, design, and construction of extensions and alterations; acquisition, renovation, and resale of pre-owned housing and real estate; planning and sale of newly constructed houses; sale and development of building lots; and acquisition and sale of revenue-generating and investment real estate. In addition, it engages in the planning and management of house leases, house leasebacks, and asset leasebacks; and management of leasing on blocks of revenue-generating condominiums, buildings, classified-ownership condominiums, and detached houses.
66GF Score
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