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STUDIO ATAO CoTSE:3550 -0.91%75 ROC (Joel Greenblatt) % is 49.88% as of Feb. 2026, which is 46% above its 10-year median of 34.14. GuruFocus rates TSE:3550 with a GF Score™ of 75/100 and a GF Value™ of 円246.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, STUDIO ATAO Co ranks better than 90.96% 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. STUDIO ATAO Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 49.88%.
The historical rank and industry rank for STUDIO ATAO Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3550'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.41 Med: 34.14 Max: 139.45
Current: 43.96
During the past 11 years, STUDIO ATAO Co's highest ROC (Joel Greenblatt) % was 139.45%. The lowest was -22.41%. And the median was 34.14%.
TSE:3550's ROC (Joel Greenblatt) % is ranked better than 90.96% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.57
vs TSE:3550: 43.96
STUDIO ATAO Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
STUDIO ATAO Co (TSE:3550) 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.
STUDIO ATAO Co ROC (Joel Greenblatt) % Related Terms
STUDIO ATAO Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for STUDIO ATAO 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:3550 vs NKE, DECK, ONON: ROC (Joel Greenblatt) % Comparison
For the Footwear & Accessories subindustry, STUDIO ATAO 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.
STUDIO ATAO Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, STUDIO ATAO Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where STUDIO ATAO Co's ROC (Joel Greenblatt) % falls into.
STUDIO ATAO 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 two times the semi-annual (Feb. 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 49.88% mean?
STUDIO ATAO Co (TSE:3550) has a ROC (Joel Greenblatt) % of 49.88% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on STUDIO ATAO Co and its competitors. This is 46% above median its historical median of 34.14. According to the industry distribution chart, STUDIO ATAO Co ranks #96 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9%.
Is STUDIO ATAO Co's ROC (Joel Greenblatt) % too high?
STUDIO ATAO Co's current ROC (Joel Greenblatt) % of 49.88% is 46% above median its 10-year median of 34.14. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.57. STUDIO ATAO Co's value of 49.88% is 482% above this industry median. Based on the distribution chart, STUDIO ATAO Co ranks #96 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, STUDIO ATAO Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does STUDIO ATAO Co's ROC (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, STUDIO ATAO Co ranks #96 out of 1062 companies for ROC (Joel Greenblatt) %. This places STUDIO ATAO Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.57. STUDIO ATAO Co's value of 49.88% is 482% above this benchmark. While the company's 10-year median is 34.14 vs. the industry median of 8.57, STUDIO ATAO 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.57, based on 1,062 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. STUDIO ATAO Co's current ROC (Joel Greenblatt) % of 49.88% is 482% 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 STUDIO ATAO Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STUDIO ATAO Co's current ROC (Joel Greenblatt) % is 49.88%, which is 46% above median its own 10-year median of 34.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STUDIO ATAO Co stock overvalued right now?
Based on GuruFocus' analysis, STUDIO ATAO Co (TSE:3550) is currently considered Modestly Undervalued. The stock's GF Value™ is 円246.13, compared to a current price of 円218.00 — trading 11.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 49.88%, which is 46% above median its 10-year median of 34.14 and 482% above the Manufacturing - Apparel & Accessories industry median of 8.57. STUDIO ATAO Co's overall GF Score™ is 75/100 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 STUDIO ATAO Co (TSE:3550), the current ROC (Joel Greenblatt) % is 49.88% as of Feb. 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 STUDIO ATAO Co (TSE:3550) Overvalued in 2026?
Based on GuruFocus' analysis, STUDIO ATAO Co stock appears to be undervalued.
The current stock price of 円218.00 is trading 11.4% below its estimated GF Value™ of 円246.13.
GuruFocus considers STUDIO ATAO Co to be Modestly Undervalued.
Key valuation signals for TSE:3550:
ROC (Joel Greenblatt) %: 49.88% (46% above median its 10-year median of 34.14)
GF Value™: 円246.13 vs. price of 円218.00 (11.4% below fair value)
Industry Position: 482% above the Manufacturing - Apparel & Accessories median (#96 of 1062)
No single metric tells the full story. See the TSE:3550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
STUDIO ATAO Co Ltd design and sells bags and purses. The company also manages direct retail stores and internet stores. The firm engages in the planning and sale of original bags, wallets. It also administers and manages stores; produces and operates Internet shops; and plans and produces paper media, including illustrations, as well as engages in character planning, creation, planning, and production of promotional goods, such as novelties.
75GF Score
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