Primo Global Holdings Co (TSE:367A) ROC (Joel Greenblatt) %: 97.29% (As of Feb. 2026) — 159% Above Median

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TSE:367A Primo Global Holdings Co Ltd TSE:367A
9 GF Score
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What is Primo Global Holdings Co ROC (Joel Greenblatt) %?

Primo Global Holdings Co TSE:367A -1.40% 9 ROC (Joel Greenblatt) % is 97.29% as of Feb. 2026, which is 159% above its 10-year median of 37.60. GuruFocus rates TSE:367A with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Primo Global Holdings Co ranks better than 92.92% 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. Primo Global Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 97.29%.

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

TSE:367A' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.61   Med: 37.6   Max: 80
Current: 80

During the past 4 years, Primo Global Holdings Co's highest ROC (Joel Greenblatt) % was 80.00%. The lowest was 19.61%. And the median was 37.60%.

TSE:367A's ROC (Joel Greenblatt) % is ranked better than
92.92% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 11.64 vs TSE:367A: 80.00

Primo Global Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Primo Global Holdings Co  (TSE:367A) 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.


Primo Global Holdings Co ROC (Joel Greenblatt) % Related Terms


Primo Global Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Primo Global 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.

Primo Global Holdings Co ROC (Joel Greenblatt) % Chart

Primo Global Holdings Co Annual Data
Trend Aug22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
0.00 19.61 37.60 64.12

Primo Global Holdings Co Semi-Annual Data
Aug22 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 45.59 27.80 59.81 65.45 97.29

TSE:367A vs TPR: ROC (Joel Greenblatt) % Comparison

For the Luxury Goods subindustry, Primo Global 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.


Primo Global Holdings Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Primo Global Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Primo Global Holdings Co's ROC (Joel Greenblatt) % falls into.


TSE:367A
9GF Score
Primo Global Holdings Co Ltd TSE:367A
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Primo Global 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:

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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 6630 + 52) - (2288 + 0 + 5039)
=-645

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 7251 + 258) - (3440 + 0 + 4607)
=-538

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Primo Global Holdings Co for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4654/( ( (4676 + max(-645, 0)) + (4891 + max(-538, 0)) )/ 2 )
=4654/( ( 4676 + 4891 )/ 2 )
=4654/4783.5
=97.29 %

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 97.29% mean?
Primo Global Holdings Co (TSE:367A) has a ROC (Joel Greenblatt) % of 97.29% 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 Primo Global Holdings Co and its competitors. This is 159% above median its historical median of 37.60. Over the past decade, Primo Global Holdings Co's ROC (Joel Greenblatt) % has ranged from 19.61 to 80.00. According to the industry distribution chart, Primo Global Holdings Co ranks #80 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 7.1%.
Is Primo Global Holdings Co's ROC (Joel Greenblatt) % too high?
Primo Global Holdings Co's current ROC (Joel Greenblatt) % of 97.29% is 159% above median its 10-year median of 37.60. Over the past 10 years, this metric has ranged from a low of 19.61 to a high of 80.00. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. Primo Global Holdings Co's value of 97.29% is 735.8% above this industry median. Based on the distribution chart, Primo Global Holdings Co ranks #80 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Primo Global Holdings Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Primo Global Holdings Co's ROC (Joel Greenblatt) % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Primo Global Holdings Co ranks #80 out of 1130 companies for ROC (Joel Greenblatt) %. This places Primo Global Holdings Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.64. Primo Global Holdings Co's value of 97.29% is 735.8% above this benchmark. Historically, Primo Global Holdings Co's own ROC (Joel Greenblatt) % has ranged from 19.61 to 80.00 over the past decade. While the company's 10-year median is 37.60 vs. the industry median of 11.64, Primo Global 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. Primo Global Holdings Co's current ROC (Joel Greenblatt) % of 97.29% is 735.8% 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 Primo Global Holdings Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primo Global Holdings Co's current ROC (Joel Greenblatt) % is 97.29%, which is 159% above median its own 10-year median of 37.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primo Global Holdings Co stock overvalued right now?
Primo Global Holdings Co (TSE:367A) has a current ROC (Joel Greenblatt) % of 97.29%. The current ROC (Joel Greenblatt) % is 97.29%, which is 159% above median its 10-year median of 37.60 and 735.8% above the Retail - Cyclical industry median of 11.64. Primo Global Holdings Co's overall GF Score™ is 9/100 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 Primo Global Holdings Co (TSE:367A), the current ROC (Joel Greenblatt) % is 97.29% 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.

Primo Global Holdings Co Business Description

Address 5-12-5, Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Primo Global Holdings Co Ltd is engaged in Bridal jewelry planning and sales. It offers two distinctive brands: I-I-PRIMO and LAZARE DIAMOND.
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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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