Elitz Holdings Co (TSE:5533) ROC (Joel Greenblatt) %: 38.65% (As of Mar. 2026) — 15% Above Median

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TSE:5533 Elitz Holdings Co Ltd TSE:5533
64 GF Score
Price 円2,033.00
GF Value 円2,068.68
Valuation Fairly Valued
View Full Analysis

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

Elitz Holdings Co TSE:5533 +2.52% 64 ROC (Joel Greenblatt) % is 38.65% as of Mar. 2026, which is 15% above its 10-year median of 33.62. GuruFocus rates TSE:5533 with a GF Score™ of 64/100 and a GF Value™ of 円2,068.68 (Fairly Valued). Among 1,748 Real Estate companies, Elitz Holdings Co ranks better than 66.25% 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. Elitz Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.65%.

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

TSE:5533' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.4   Med: 33.62   Max: 36.37
Current: 36.37

During the past 5 years, Elitz Holdings Co's highest ROC (Joel Greenblatt) % was 36.37%. The lowest was 24.40%. And the median was 33.62%.

TSE:5533's ROC (Joel Greenblatt) % is ranked better than
66.25% of 1748 companies
in the Real Estate industry
Industry Median: 12.85 vs TSE:5533: 36.37

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


Elitz Holdings Co  (TSE:5533) 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.


Elitz Holdings Co ROC (Joel Greenblatt) % Related Terms


Elitz Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Elitz 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.

Elitz Holdings Co ROC (Joel Greenblatt) % Chart

Elitz Holdings Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
25.18 24.40 34.29 33.69 33.62

Elitz Holdings Co Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 34.22 33.52 33.40 34.00 38.65

TSE:5533 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Elitz 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.


Elitz Holdings Co ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Elitz Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:5533
64GF Score
Elitz Holdings Co Ltd TSE:5533
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elitz 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)
=(302.119 + 669.476 + 179.601) - (487.989 + 0 + 1409.671)
=-746.464

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(438.641 + 754.251 + 208.525) - (605.028 + 0 + 1711.879)
=-915.49

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Elitz 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 )
=1208.622/( ( (3128.695 + max(-746.464, 0)) + (3125.324 + max(-915.49, 0)) )/ 2 )
=1208.622/( ( 3128.695 + 3125.324 )/ 2 )
=1208.622/3127.0095
=38.65 %

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 38.65% mean?
Elitz Holdings Co (TSE:5533) has a ROC (Joel Greenblatt) % of 38.65% 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 Elitz Holdings Co and its competitors. This is 15% above median its historical median of 33.62. Over the past decade, Elitz Holdings Co's ROC (Joel Greenblatt) % has ranged from 24.40 to 36.37. According to the industry distribution chart, Elitz Holdings Co ranks #590 out of 1748 companies in the Real Estate industry, placing it in the top 33.8%.
Is Elitz Holdings Co's ROC (Joel Greenblatt) % too high?
Elitz Holdings Co's current ROC (Joel Greenblatt) % of 38.65% is 15% above median its 10-year median of 33.62. Over the past 10 years, this metric has ranged from a low of 24.40 to a high of 36.37. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Elitz Holdings Co's value of 38.65% is 200.8% above this industry median. Based on the distribution chart, Elitz Holdings Co ranks #590 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Elitz Holdings Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elitz Holdings Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Elitz Holdings Co ranks #590 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Elitz Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Elitz Holdings Co's value of 38.65% is 200.8% above this benchmark. Historically, Elitz Holdings Co's own ROC (Joel Greenblatt) % has ranged from 24.40 to 36.37 over the past decade. While the company's 10-year median is 33.62 vs. the industry median of 12.85, Elitz 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,748 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. Elitz Holdings Co's current ROC (Joel Greenblatt) % of 38.65% is 200.8% 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 Elitz Holdings Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elitz Holdings Co's current ROC (Joel Greenblatt) % is 38.65%, which is 15% above median its own 10-year median of 33.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elitz Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Elitz Holdings Co (TSE:5533) is currently considered Fairly Valued. The stock's GF Value™ is 円2,068.68, compared to a current price of 円2,033.00 — trading 1.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 38.65%, which is 15% above median its 10-year median of 33.62 and 200.8% above the Real Estate industry median of 12.85. Elitz Holdings Co's overall GF Score™ is 64/100. 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 Elitz Holdings Co (TSE:5533), the current ROC (Joel Greenblatt) % is 38.65% 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 Elitz Holdings Co (TSE:5533) Overvalued in 2026?

Based on GuruFocus' analysis, Elitz Holdings Co stock appears to be undervalued. The current stock price of 円2,033.00 is trading 1.7% below its estimated GF Value™ of 円2,068.68. GuruFocus considers Elitz Holdings Co to be Fairly Valued.

Key valuation signals for TSE:5533:

  • ROC (Joel Greenblatt) %: 38.65% (15% above median its 10-year median of 33.62)
  • GF Value™: 円2,068.68 vs. price of 円2,033.00 (1.7% below fair value)
  • GF Score™: 64/100
  • Industry Position: 200.8% above the Real Estate median (#590 of 1748)

No single metric tells the full story. See the TSE:5533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elitz Holdings Co Business Description

Address 55-1 Sambo Horikawacho, Aneyakoji-agaru Horikawa-dori, Elitz Oike building, Nakagyo ward, Kyoto, JPN, 604-8266
Elitz Holdings Co Ltd is engaged in Real estate leasing operations, Real estate fund administration, Real estate planning and consulting, Recruitment agency, Management of group companies engaged in real estate brokerage and administration business, system development and sales business, and incidental operation.
64GF Score

Get the complete analysis for TSE:5533

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

円2,033.00
Price
円2,068.68
GF Value