Resol Holdings Co (TSE:5261) ROC (Joel Greenblatt) %: 12.07% (As of Mar. 2026) — 109% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:5261 Resol Holdings Co Ltd TSE:5261
75 GF Score
Price 円7,880.00
GF Value 円6,543.19
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Resol Holdings Co ROC (Joel Greenblatt) %?

Resol Holdings Co TSE:5261 +0.51% 75 ROC (Joel Greenblatt) % is 12.07% as of Mar. 2026, which is 109% above its 10-year median of 5.78. GuruFocus rates TSE:5261 with a GF Score™ of 75/100 and a GF Value™ of 円6,543.19 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 847 Travel & Leisure companies, Resol Holdings Co ranks better than 53.72% 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. Resol Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.07%.

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

TSE:5261' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.07   Med: 5.78   Max: 11.4
Current: 11.4

During the past 13 years, Resol Holdings Co's highest ROC (Joel Greenblatt) % was 11.40%. The lowest was 3.07%. And the median was 5.78%.

TSE:5261's ROC (Joel Greenblatt) % is ranked better than
53.72% of 847 companies
in the Travel & Leisure industry
Industry Median: 9.91 vs TSE:5261: 11.40

Resol Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.40% per year.


Resol Holdings Co  (TSE:5261) 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.


Resol Holdings Co ROC (Joel Greenblatt) % Related Terms


Resol Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Resol 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.

Resol Holdings Co ROC (Joel Greenblatt) % Chart

Resol Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 4.33 6.40 8.72 11.34

Resol Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 8.33 9.02 10.78 12.07

TSE:5261 vs LVS, MGM, WYNN: ROC (Joel Greenblatt) % Comparison

For the Resorts & Casinos subindustry, Resol 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.


Resol Holdings Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Resol Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:5261
75GF Score
Resol Holdings Co Ltd TSE:5261
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resol 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1932 + 2382 + 1011) - (541 + 0 + 4749)
=35

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2083 + 1407 + 911) - (630 + 0 + 4638)
=-867

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3566/( ( (28933 + max(35, 0)) + (30115 + max(-867, 0)) )/ 2 )
=3566/( ( 28968 + 30115 )/ 2 )
=3566/29541.5
=12.07 %

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 12.07% mean?
Resol Holdings Co (TSE:5261) has a ROC (Joel Greenblatt) % of 12.07% 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 Resol Holdings Co and its competitors. This is 109% above median its historical median of 5.78. Over the past decade, Resol Holdings Co's ROC (Joel Greenblatt) % has ranged from 3.07 to 11.40. According to the industry distribution chart, Resol Holdings Co ranks #392 out of 847 companies in the Travel & Leisure industry, placing it in the top 46.3%.
Is Resol Holdings Co's ROC (Joel Greenblatt) % too high?
Resol Holdings Co's current ROC (Joel Greenblatt) % of 12.07% is 109% above median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 11.40. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 9.91. Resol Holdings Co's value of 12.07% is 21.8% above this industry median. Based on the distribution chart, Resol Holdings Co ranks #392 out of 847 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Resol Holdings Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resol Holdings Co's ROC (Joel Greenblatt) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Resol Holdings Co ranks #392 out of 847 companies for ROC (Joel Greenblatt) %. This puts Resol Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.91. Resol Holdings Co's value of 12.07% is 21.8% above this benchmark. Historically, Resol Holdings Co's own ROC (Joel Greenblatt) % has ranged from 3.07 to 11.40 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 9.91, Resol 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 9.91, based on 847 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. Resol Holdings Co's current ROC (Joel Greenblatt) % of 12.07% is 21.8% 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 Resol Holdings Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resol Holdings Co's current ROC (Joel Greenblatt) % is 12.07%, which is 109% above median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resol Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Resol Holdings Co (TSE:5261) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,543.19, compared to a current price of 円7,880.00 — trading 20.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.07%, which is 109% above median its 10-year median of 5.78 and 21.8% above the Travel & Leisure industry median of 9.91. Resol Holdings Co's overall GF Score™ is 75/100 with 1 warning sign 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 Resol Holdings Co (TSE:5261), the current ROC (Joel Greenblatt) % is 12.07% 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 Resol Holdings Co (TSE:5261) Overvalued in 2026?

Based on GuruFocus' analysis, Resol Holdings Co stock appears to be overvalued. The current stock price of 円7,880.00 is trading 20.4% above its estimated GF Value™ of 円6,543.19. GuruFocus considers Resol Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:5261:

  • ROC (Joel Greenblatt) %: 12.07% (109% above median its 10-year median of 5.78)
  • GF Value™: 円6,543.19 vs. price of 円7,880.00 (20.4% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 21.8% above the Travel & Leisure median (#392 of 847)

No single metric tells the full story. See the TSE:5261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Resol Holdings Co Business Description

Address 6-24-1 Nishi-Shinjuku, Tokyo, JPN, 160-0023
Resol Holdings Co Ltd provides property management in Japan. The company provides resort and hotel facilities, golf course, and pet and Spa services.
75GF Score

Get the complete analysis for TSE:5261

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円7,880.00
Price
円6,543.19
GF Value