Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Gooddays HoldingsTSE:4437 84 ROC (Joel Greenblatt) % is 43.62% as of Mar. 2026, which is 42% below its 10-year median of 74.67. GuruFocus rates TSE:4437 with a GF Score™ of 84/100 and a GF Value™ of 円1,111.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,749 Real Estate companies, Gooddays Holdings ranks better than 66.67% 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. Gooddays Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.62%.
The historical rank and industry rank for Gooddays Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:4437'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.73 Med: 74.67 Max: 120.88
Current: 37.45
During the past 10 years, Gooddays Holdings's highest ROC (Joel Greenblatt) % was 120.88%. The lowest was -34.73%. And the median was 74.67%.
TSE:4437's ROC (Joel Greenblatt) % is ranked better than 66.67% of 1749
companies
in the Real Estate industry
Industry Median: 12.88
vs TSE:4437: 37.45
Gooddays Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.00% 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.
Gooddays Holdings ROC (Joel Greenblatt) % Related Terms
Gooddays Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Gooddays Holdings'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:4437 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Gooddays Holdings'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.
Gooddays Holdings ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gooddays Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gooddays Holdings'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 43.62% mean?
Gooddays Holdings (TSE:4437) has a ROC (Joel Greenblatt) % of 43.62% 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 Gooddays Holdings and its competitors. This is 42% below median its historical median of 74.67. According to the industry distribution chart, Gooddays Holdings ranks #583 out of 1749 companies in the Real Estate industry, placing it in the top 33.3%.
Is Gooddays Holdings' ROC (Joel Greenblatt) % too high?
Gooddays Holdings' current ROC (Joel Greenblatt) % of 43.62% is 42% below median its 10-year median of 74.67. The Real Estate industry median ROC (Joel Greenblatt) % is 12.88. Gooddays Holdings' value of 43.62% is 238.7% above this industry median. Based on the distribution chart, Gooddays Holdings ranks #583 out of 1749 companies in the Real Estate industry, which is above the industry midpoint. Overall, Gooddays Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gooddays Holdings' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Gooddays Holdings ranks #583 out of 1749 companies for ROC (Joel Greenblatt) %. This puts Gooddays Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.88. Gooddays Holdings' value of 43.62% is 238.7% above this benchmark. While the company's 10-year median is 74.67 vs. the industry median of 12.88, Gooddays Holdings 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.88, 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. Gooddays Holdings's current ROC (Joel Greenblatt) % of 43.62% is 238.7% 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 Gooddays Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gooddays Holdings's current ROC (Joel Greenblatt) % is 43.62%, which is 42% below median its own 10-year median of 74.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gooddays Holdings stock overvalued right now?
Based on GuruFocus' analysis, Gooddays Holdings (TSE:4437) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,111.58, compared to a current price of 円800.00 — trading 28% below its estimated fair value. The current ROC (Joel Greenblatt) % is 43.62%, which is 42% below median its 10-year median of 74.67 and 238.7% above the Real Estate industry median of 12.88. Gooddays Holdings' overall GF Score™ is 84/100 with 5 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 Gooddays Holdings (TSE:4437), the current ROC (Joel Greenblatt) % is 43.62% 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 Gooddays Holdings (TSE:4437) Overvalued in 2026?
Based on GuruFocus' analysis, Gooddays Holdings stock appears to be undervalued.
The current stock price of 円800.00 is trading 28% below its estimated GF Value™ of 円1,111.58.
GuruFocus considers Gooddays Holdings to be Modestly Undervalued.
Key valuation signals for TSE:4437:
ROC (Joel Greenblatt) %: 43.62% (42% below median its 10-year median of 74.67)
GF Value™: 円1,111.58 vs. price of 円800.00 (28% below fair value)
Industry Position: 238.7% above the Real Estate median (#583 of 1749)
No single metric tells the full story. See the TSE:4437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gooddays Holdings Inc is a Japan-based holding company mainly engaged in information technology (IT) and real estate-related business. The group has two reportable segments: the IT segment and the Lifestyle segment. The IT segment comprises the Redx service business and the user solutions business, focusing on leveraging in-house expertise to develop proprietary products such as Redx. The Lifestyle segment includes the Goodroom Solutions Business and the Renovation Business, offering integrated services covering construction, customer acquisition, and operations.
84GF Score
Get the complete analysis for TSE:4437
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4437 has been successfully added to your 
