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Miyoshi Oil & Fat CoTSE:4404 +1.75%70 ROC (Joel Greenblatt) % is 9.19% as of Dec. 2025, which is 38% above its 10-year median of 6.66. GuruFocus rates TSE:4404 with a GF Score™ of 70/100 and a GF Value™ of 円1,575.50 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Miyoshi Oil & Fat Co ranks better than 88.14% 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. Miyoshi Oil & Fat Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.19%.
The historical rank and industry rank for Miyoshi Oil & Fat Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4404'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.26 Med: 6.66 Max: 44.68
Current: 44.68
During the past 13 years, Miyoshi Oil & Fat Co's highest ROC (Joel Greenblatt) % was 44.68%. The lowest was -1.26%. And the median was 6.66%.
TSE:4404's ROC (Joel Greenblatt) % is ranked better than 88.14% of 1982
companies
in the Consumer Packaged Goods industry
Industry Median: 12.005
vs TSE:4404: 44.68
Miyoshi Oil & Fat Co'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.
Miyoshi Oil & Fat Co ROC (Joel Greenblatt) % Related Terms
Miyoshi Oil & Fat Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Miyoshi Oil & Fat 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.
Miyoshi Oil & Fat Co ROC (Joel Greenblatt) % Chart
TSE:4404 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Miyoshi Oil & Fat 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.
Miyoshi Oil & Fat Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Miyoshi Oil & Fat Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Miyoshi Oil & Fat Co's ROC (Joel Greenblatt) % falls into.
Miyoshi Oil & Fat 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 (Dec. 2025) 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 9.19% mean?
Miyoshi Oil & Fat Co (TSE:4404) has a ROC (Joel Greenblatt) % of 9.19% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Miyoshi Oil & Fat Co and its competitors. This is 38% above median its historical median of 6.66. According to the industry distribution chart, Miyoshi Oil & Fat Co ranks #235 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 11.9%.
Is Miyoshi Oil & Fat Co's ROC (Joel Greenblatt) % too high?
Miyoshi Oil & Fat Co's current ROC (Joel Greenblatt) % of 9.19% is 38% above median its 10-year median of 6.66. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.01. Miyoshi Oil & Fat Co's value of 9.19% is 23.4% below this industry median. Based on the distribution chart, Miyoshi Oil & Fat Co ranks #235 out of 1982 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Miyoshi Oil & Fat Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miyoshi Oil & Fat Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Miyoshi Oil & Fat Co ranks #235 out of 1982 companies for ROC (Joel Greenblatt) %. This places Miyoshi Oil & Fat Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.01. Miyoshi Oil & Fat Co's value of 9.19% is 23.4% below this benchmark. While the company's 10-year median is 6.66 vs. the industry median of 12.01, Miyoshi Oil & Fat 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.01, based on 1,982 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. Miyoshi Oil & Fat Co's current ROC (Joel Greenblatt) % of 9.19% is 23.4% 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 Miyoshi Oil & Fat Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyoshi Oil & Fat Co's current ROC (Joel Greenblatt) % is 9.19%, which is 38% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi Oil & Fat Co stock overvalued right now?
Based on GuruFocus' analysis, Miyoshi Oil & Fat Co (TSE:4404) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,575.50, compared to a current price of 円1,923.00 — trading 22.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.19%, which is 38% above median its 10-year median of 6.66 and 23.4% below the Consumer Packaged Goods industry median of 12.01. Miyoshi Oil & Fat Co's overall GF Score™ is 70/100 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 Miyoshi Oil & Fat Co (TSE:4404), the current ROC (Joel Greenblatt) % is 9.19% as of Dec. 2025. 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 Miyoshi Oil & Fat Co (TSE:4404) Overvalued in 2026?
Based on GuruFocus' analysis, Miyoshi Oil & Fat Co stock appears to be overvalued.
The current stock price of 円1,923.00 is trading 22.1% above its estimated GF Value™ of 円1,575.50.
GuruFocus considers Miyoshi Oil & Fat Co to be Modestly Overvalued.
Key valuation signals for TSE:4404:
ROC (Joel Greenblatt) %: 9.19% (38% above median its 10-year median of 6.66)
GF Value™: 円1,575.50 vs. price of 円1,923.00 (22.1% above fair value)
Industry Position: 23.4% below the Consumer Packaged Goods median (#235 of 1982)
No single metric tells the full story. See the TSE:4404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miyoshi Oil & Fat Co Ltd is engaged in the manufacture and sale of margarine, shortenings, lard, whipped cream, and powdered and other edible processed fats and oils. The company has two reportable segments: Food Business and Oil and Chemical Business. Food Business includes margarine, shortening, lard, powdered oils and fats, whipped cream, and other edible processed oils and fats. The oil and chemical business includes fatty acids, glycerin, industrial soap, other industrial oils and fats, textile treatment agents, defoamers, cosmetic raw materials, Heavy metal collectors, heavy metal fixers, and other various surfactants.
70GF Score
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