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Wealth ManagementTSE:3772 -0.29%57 ROC (Joel Greenblatt) % is 4.36% as of Mar. 2026, which is 74% below its 10-year median of 16.78. GuruFocus rates TSE:3772 with a GF Score™ of 57/100 and a GF Value™ of 円843.67 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 1,749 Real Estate companies, Wealth Management ranks worse than 75.53% 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. Wealth Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.36%.
The historical rank and industry rank for Wealth Management's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:3772'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.55 Med: 16.78 Max: 69.97
Current: -0.44
During the past 13 years, Wealth Management's highest ROC (Joel Greenblatt) % was 69.97%. The lowest was -5.55%. And the median was 16.78%.
TSE:3772's ROC (Joel Greenblatt) % is ranked worse than 75.53% of 1749
companies
in the Real Estate industry
Industry Median: 13
vs TSE:3772: -0.44
Wealth Management's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Wealth Management ROC (Joel Greenblatt) % Related Terms
Wealth Management ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Wealth Management'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.
For the Real Estate - Diversified subindustry, Wealth Management'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.
Wealth Management ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wealth Management's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Wealth Management'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 4.36% mean?
Wealth Management (TSE:3772) has a ROC (Joel Greenblatt) % of 4.36% 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 Wealth Management and its competitors. This is 74% below median its historical median of 16.78. According to the industry distribution chart, Wealth Management ranks #1321 out of 1749 companies in the Real Estate industry, placing it in the top 75.5%.
Is Wealth Management's ROC (Joel Greenblatt) % too high?
Wealth Management's current ROC (Joel Greenblatt) % of 4.36% is 74% below median its 10-year median of 16.78. The Real Estate industry median ROC (Joel Greenblatt) % is 13.00. Wealth Management's value of 4.36% is 66.5% below this industry median. Based on the distribution chart, Wealth Management ranks #1321 out of 1749 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Wealth Management has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wealth Management's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Wealth Management ranks #1321 out of 1749 companies for ROC (Joel Greenblatt) %. This places Wealth Management in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.00. Wealth Management's value of 4.36% is 66.5% below this benchmark. While the company's 10-year median is 16.78 vs. the industry median of 13.00, Wealth Management 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.00, based on 1,749 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. Wealth Management's current ROC (Joel Greenblatt) % of 4.36% is 66.5% 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 Wealth Management and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wealth Management's current ROC (Joel Greenblatt) % is 4.36%, which is 74% below median its own 10-year median of 16.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealth Management stock overvalued right now?
Based on GuruFocus' analysis, Wealth Management (TSE:3772) is currently considered Modestly Overvalued. The stock's GF Value™ is 円843.67, compared to a current price of 円1,049.00 — trading 24.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.36%, which is 74% below median its 10-year median of 16.78 and 66.5% below the Real Estate industry median of 13.00. Wealth Management's overall GF Score™ is 57/100 with 14 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 Wealth Management (TSE:3772), the current ROC (Joel Greenblatt) % is 4.36% 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 Wealth Management (TSE:3772) Overvalued in 2026?
Based on GuruFocus' analysis, Wealth Management stock appears to be overvalued.
The current stock price of 円1,049.00 is trading 24.3% above its estimated GF Value™ of 円843.67.
GuruFocus considers Wealth Management to be Modestly Overvalued.
Key valuation signals for TSE:3772:
ROC (Joel Greenblatt) %: 4.36% (74% below median its 10-year median of 16.78)
GF Value™: 円843.67 vs. price of 円1,049.00 (24.3% above fair value)
Industry Position: 66.5% below the Real Estate median (#1321 of 1749)
No single metric tells the full story. See the TSE:3772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wealth Management Inc, along with its subsidiaries, operates in the following reportable segments: Asset management business, Real Estate business, and Hotel operation business. The majority of its revenue is generated from the Real Estate business, which is engaged in the acquisition, development, ownership, sale, and rental (master lease), etc., of real estate. The Asset management business is engaged in the operation and management of real estate and also provides investment advice on the acquisition, sale, and management of real estate. The Hotel operation business provides various services related to hotel operation, such as revenue management, on-site management of hotels, and consulting on hotel opening and operation.
57GF Score
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