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Migalo HoldingsTSE:5535 +1.09%53 ROC (Joel Greenblatt) % is 4.26% as of Mar. 2026, which is 62% below its 10-year median of 11.17. GuruFocus rates TSE:5535 with a GF Score™ of 53/100 and a GF Value™ of 円446.62 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,749 Real Estate companies, Migalo Holdings ranks worse than 59.92% 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. Migalo Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.26%.
The historical rank and industry rank for Migalo Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:5535'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.12 Med: 11.17 Max: 12.2
Current: 7.34
During the past 12 years, Migalo Holdings's highest ROC (Joel Greenblatt) % was 12.20%. The lowest was 7.12%. And the median was 11.17%.
TSE:5535's ROC (Joel Greenblatt) % is ranked worse than 59.92% of 1749
companies
in the Real Estate industry
Industry Median: 13
vs TSE:5535: 7.34
Migalo Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.20% 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.
Migalo Holdings ROC (Joel Greenblatt) % Related Terms
Migalo Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Migalo 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:5535 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Migalo 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.
Migalo Holdings ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Migalo Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Migalo 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 4.26% mean?
Migalo Holdings (TSE:5535) has a ROC (Joel Greenblatt) % of 4.26% 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 Migalo Holdings and its competitors. This is 62% below median its historical median of 11.17. Over the past decade, Migalo Holdings' ROC (Joel Greenblatt) % has ranged from 7.12 to 12.20. According to the industry distribution chart, Migalo Holdings ranks #1048 out of 1749 companies in the Real Estate industry, placing it in the top 59.9%.
Is Migalo Holdings' ROC (Joel Greenblatt) % too high?
Migalo Holdings' current ROC (Joel Greenblatt) % of 4.26% is 62% below median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 7.12 to a high of 12.20. The Real Estate industry median ROC (Joel Greenblatt) % is 13.00. Migalo Holdings' value of 4.26% is 67.2% below this industry median. Based on the distribution chart, Migalo Holdings ranks #1048 out of 1749 companies in the Real Estate industry, which is below the industry midpoint. Overall, Migalo Holdings has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Migalo Holdings' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Migalo Holdings ranks #1048 out of 1749 companies for ROC (Joel Greenblatt) %. This places Migalo Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.00. Migalo Holdings' value of 4.26% is 67.2% below this benchmark. Historically, Migalo Holdings' own ROC (Joel Greenblatt) % has ranged from 7.12 to 12.20 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 13.00, Migalo Holdings 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. Migalo Holdings's current ROC (Joel Greenblatt) % of 4.26% is 67.2% 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 Migalo Holdings 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. Migalo Holdings's current ROC (Joel Greenblatt) % is 4.26%, which is 62% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migalo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Migalo Holdings (TSE:5535) is currently considered Significantly Undervalued. The stock's GF Value™ is 円446.62, compared to a current price of 円279.00 — trading 37.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.26%, which is 62% below median its 10-year median of 11.17 and 67.2% below the Real Estate industry median of 13.00. Migalo Holdings' overall GF Score™ is 53/100 with 7 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 Migalo Holdings (TSE:5535), the current ROC (Joel Greenblatt) % is 4.26% 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 Migalo Holdings (TSE:5535) Overvalued in 2026?
Based on GuruFocus' analysis, Migalo Holdings stock appears to be undervalued.
The current stock price of 円279.00 is trading 37.5% below its estimated GF Value™ of 円446.62.
GuruFocus considers Migalo Holdings to be Significantly Undervalued.
Key valuation signals for TSE:5535:
ROC (Joel Greenblatt) %: 4.26% (62% below median its 10-year median of 11.17)
GF Value™: 円446.62 vs. price of 円279.00 (37.5% below fair value)
Industry Position: 67.2% below the Real Estate median (#1048 of 1749)
No single metric tells the full story. See the TSE:5535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Migalo Holdings Inc is engaged in real estate development, sales, leasing, renting, etc., and related operations. It is also engaged in the Management and administration of group companies engaged in face recognition platform services, cloud integration services, contracted system development, etc. The group has two reportable segments, DX Promotion Business and DX Real Estate Business..
53GF Score
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