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Palma CoTSE:3461 +0.50%62 ROC (Joel Greenblatt) % is 19.16% as of Mar. 2026, which is 50% below its 10-year median of 38.17. GuruFocus rates TSE:3461 with a GF Score™ of 62/100 and a GF Value™ of 円376.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,085 Business Services companies, Palma Co ranks better than 50.78% 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. Palma Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.16%.
The historical rank and industry rank for Palma Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3461'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.66 Med: 38.17 Max: 78.66
Current: 22
During the past 12 years, Palma Co's highest ROC (Joel Greenblatt) % was 78.66%. The lowest was 7.66%. And the median was 38.17%.
TSE:3461's ROC (Joel Greenblatt) % is ranked better than 50.78% of 1085
companies
in the Business Services industry
Industry Median: 21.24
vs TSE:3461: 22.00
Palma Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.70% per year.
Palma Co (TSE:3461) 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 Palma 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:3461 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison
For the Specialty Business Services subindustry, Palma 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.
Palma Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Palma Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Palma 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 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 19.16% mean?
Palma Co (TSE:3461) has a ROC (Joel Greenblatt) % of 19.16% 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 Palma Co and its competitors. This is 50% below median its historical median of 38.17. Over the past decade, Palma Co's ROC (Joel Greenblatt) % has ranged from 7.66 to 78.66. According to the industry distribution chart, Palma Co ranks #534 out of 1085 companies in the Business Services industry, placing it in the top 49.2%.
Is Palma Co's ROC (Joel Greenblatt) % too high?
Palma Co's current ROC (Joel Greenblatt) % of 19.16% is 50% below median its 10-year median of 38.17. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 78.66. The Business Services industry median ROC (Joel Greenblatt) % is 21.24. Palma Co's value of 19.16% is 9.8% below this industry median. Based on the distribution chart, Palma Co ranks #534 out of 1085 companies in the Business Services industry, which is above the industry midpoint. Overall, Palma Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palma Co's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Palma Co ranks #534 out of 1085 companies for ROC (Joel Greenblatt) %. This puts Palma Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.24. Palma Co's value of 19.16% is 9.8% below this benchmark. Historically, Palma Co's own ROC (Joel Greenblatt) % has ranged from 7.66 to 78.66 over the past decade. While the company's 10-year median is 38.17 vs. the industry median of 21.24, Palma 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.24, based on 1,085 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. Palma Co's current ROC (Joel Greenblatt) % of 19.16% is 9.8% 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 Palma Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palma Co's current ROC (Joel Greenblatt) % is 19.16%, which is 50% below median its own 10-year median of 38.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palma Co stock overvalued right now?
Based on GuruFocus' analysis, Palma Co (TSE:3461) is currently considered Significantly Overvalued. The stock's GF Value™ is 円376.93, compared to a current price of 円602.00 — trading 59.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.16%, which is 50% below median its 10-year median of 38.17 and 9.8% below the Business Services industry median of 21.24. Palma Co's overall GF Score™ is 62/100 with 6 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 Palma Co (TSE:3461), the current ROC (Joel Greenblatt) % is 19.16% 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 Palma Co (TSE:3461) Overvalued in 2026?
Based on GuruFocus' analysis, Palma Co stock appears to be overvalued.
The current stock price of 円602.00 is trading 59.7% above its estimated GF Value™ of 円376.93.
GuruFocus considers Palma Co to be Significantly Overvalued.
Key valuation signals for TSE:3461:
ROC (Joel Greenblatt) %: 19.16% (50% below median its 10-year median of 38.17)
GF Value™: 円376.93 vs. price of 円602.00 (59.7% above fair value)
Industry Position: 9.8% below the Business Services median (#534 of 1085)
No single metric tells the full story. See the TSE:3461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palma Co Ltd is engaged in the self-storage business for business process outsourcing. Its three solutions services include business solution services, IT solution services, and turnkey solutions. Its IT solution services include WEB reservation settlement and an inventory management system, and turn-key solutions include facility development, sales, and property management.
62GF Score
Get the complete analysis for TSE:3461
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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