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Vega CoTSE:3542 -2.62%62 ROC (Joel Greenblatt) % is 47.38% as of Mar. 2026, which is 88% above its 10-year median of 25.24. GuruFocus rates TSE:3542 with a GF Score™ of 62/100 and a GF Value™ of 円897.90 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Vega Co ranks better than 81.4% 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. Vega Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.38%.
The historical rank and industry rank for Vega Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3542'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.27 Med: 25.24 Max: 91.99
Current: 37.06
During the past 12 years, Vega Co's highest ROC (Joel Greenblatt) % was 91.99%. The lowest was -11.27%. And the median was 25.24%.
TSE:3542's ROC (Joel Greenblatt) % is ranked better than 81.4% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 11.63
vs TSE:3542: 37.06
Vega Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.50% per year.
Vega Co (TSE:3542) 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 Vega 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:3542 vs AMZN, BABA, PDD: ROC (Joel Greenblatt) % Comparison
For the Internet Retail subindustry, Vega 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.
Vega Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vega Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vega 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 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 47.38% mean?
Vega Co (TSE:3542) has a ROC (Joel Greenblatt) % of 47.38% 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 Vega Co and its competitors. This is 88% above median its historical median of 25.24. According to the industry distribution chart, Vega Co ranks #210 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 18.6%.
Is Vega Co's ROC (Joel Greenblatt) % too high?
Vega Co's current ROC (Joel Greenblatt) % of 47.38% is 88% above median its 10-year median of 25.24. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. Vega Co's value of 47.38% is 307.4% above this industry median. Based on the distribution chart, Vega Co ranks #210 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vega 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 Vega Co's ROC (Joel Greenblatt) % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Vega Co ranks #210 out of 1129 companies for ROC (Joel Greenblatt) %. This places Vega Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.63. Vega Co's value of 47.38% is 307.4% above this benchmark. While the company's 10-year median is 25.24 vs. the industry median of 11.63, Vega 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.63, based on 1,129 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. Vega Co's current ROC (Joel Greenblatt) % of 47.38% is 307.4% 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 Vega Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vega Co's current ROC (Joel Greenblatt) % is 47.38%, which is 88% above median its own 10-year median of 25.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vega Co stock overvalued right now?
Based on GuruFocus' analysis, Vega Co (TSE:3542) is currently considered Significantly Overvalued. The stock's GF Value™ is 円897.90, compared to a current price of 円1,303.00 — trading 45.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.38%, which is 88% above median its 10-year median of 25.24 and 307.4% above the Retail - Cyclical industry median of 11.63. Vega Co's overall GF Score™ is 62/100 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 Vega Co (TSE:3542), the current ROC (Joel Greenblatt) % is 47.38% 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 Vega Co (TSE:3542) Overvalued in 2026?
Based on GuruFocus' analysis, Vega Co stock appears to be overvalued.
The current stock price of 円1,303.00 is trading 45.1% above its estimated GF Value™ of 円897.90.
GuruFocus considers Vega Co to be Significantly Overvalued.
Key valuation signals for TSE:3542:
ROC (Joel Greenblatt) %: 47.38% (88% above median its 10-year median of 25.24)
GF Value™: 円897.90 vs. price of 円1,303.00 (45.1% above fair value)
Industry Position: 307.4% above the Retail - Cyclical median (#210 of 1129)
No single metric tells the full story. See the TSE:3542 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vega Corp Co Ltd operates EC platform focused on lifestyle furniture, interior products, and sundries. The company sells furniture and interior products. It is engaged in the provision of Internet mail-order businesses of furniture and interior, and operation of a international e-commerce (EC) site targeted for cross-border market. The E-commerce platform is engaged in purchasing and sale of sofas, chairs and beds.
62GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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