Pan Pacific International Holdings (TSE:7532) ROC (Joel Greenblatt) %: 23.41% (As of Mar. 2026) — 70% Above Median

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TSE:7532 Pan Pacific International Holdings Corp TSE:7532
85 GF Score
Price 円964.60
GF Value 円930.62
Valuation Fairly Valued
View Full Analysis

What is Pan Pacific International Holdings ROC (Joel Greenblatt) %?

Pan Pacific International Holdings TSE:7532 +4.42% 85 ROC (Joel Greenblatt) % is 23.41% as of Mar. 2026, which is 70% above its 10-year median of 13.77. GuruFocus rates TSE:7532 with a GF Score™ of 85/100 and a GF Value™ of 円930.62 (Fairly Valued). Among 309 Retail - Defensive companies, Pan Pacific International Holdings ranks better than 66.99% 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. Pan Pacific International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.41%.

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

TSE:7532' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.48   Med: 13.77   Max: 20.44
Current: 20.44

During the past 13 years, Pan Pacific International Holdings's highest ROC (Joel Greenblatt) % was 20.44%. The lowest was 9.48%. And the median was 13.77%.

TSE:7532's ROC (Joel Greenblatt) % is ranked better than
66.99% of 309 companies
in the Retail - Defensive industry
Industry Median: 13.46 vs TSE:7532: 20.44

Pan Pacific International Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 13.60% per year.


Pan Pacific International Holdings  (TSE:7532) 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.


Pan Pacific International Holdings ROC (Joel Greenblatt) % Related Terms


Pan Pacific International Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pan Pacific International 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.

Pan Pacific International Holdings ROC (Joel Greenblatt) % Chart

Pan Pacific International Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 13.21 14.32 17.57 18.02

Pan Pacific International Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 18.49 9.04 21.97 27.32 23.41

TSE:7532 vs WMT, COST, TGT: ROC (Joel Greenblatt) % Comparison

For the Discount Stores subindustry, Pan Pacific International 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.


Pan Pacific International Holdings ROC (Joel Greenblatt) % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pan Pacific International Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pan Pacific International Holdings's ROC (Joel Greenblatt) % falls into.


TSE:7532
85GF Score
Pan Pacific International Holdings Corp TSE:7532
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Pacific International Holdings 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(93972 + 256107 + 63593) - (355285 + 0 + 76910)
=-18523

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83928 + 242828 + 48456) - (284088 + 0 + 122583)
=-31459

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pan Pacific International Holdings 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=186924/( ( (793578 + max(-18523, 0)) + (803511 + max(-31459, 0)) )/ 2 )
=186924/( ( 793578 + 803511 )/ 2 )
=186924/798544.5
=23.41 %

Note: The EBIT data used here is four times the quarterly (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 23.41% mean?
Pan Pacific International Holdings (TSE:7532) has a ROC (Joel Greenblatt) % of 23.41% 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 Pan Pacific International Holdings and its competitors. This is 70% above median its historical median of 13.77. Over the past decade, Pan Pacific International Holdings' ROC (Joel Greenblatt) % has ranged from 9.48 to 20.44. According to the industry distribution chart, Pan Pacific International Holdings ranks #102 out of 309 companies in the Retail - Defensive industry, placing it in the top 33%.
Is Pan Pacific International Holdings' ROC (Joel Greenblatt) % too high?
Pan Pacific International Holdings' current ROC (Joel Greenblatt) % of 23.41% is 70% above median its 10-year median of 13.77. Over the past 10 years, this metric has ranged from a low of 9.48 to a high of 20.44. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.46. Pan Pacific International Holdings' value of 23.41% is 73.9% above this industry median. Based on the distribution chart, Pan Pacific International Holdings ranks #102 out of 309 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Pan Pacific International Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pan Pacific International Holdings' ROC (Joel Greenblatt) % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Pan Pacific International Holdings ranks #102 out of 309 companies for ROC (Joel Greenblatt) %. This puts Pan Pacific International Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. Pan Pacific International Holdings' value of 23.41% is 73.9% above this benchmark. Historically, Pan Pacific International Holdings' own ROC (Joel Greenblatt) % has ranged from 9.48 to 20.44 over the past decade. While the company's 10-year median is 13.77 vs. the industry median of 13.46, Pan Pacific International 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 Retail - Defensive company?
The median ROC (Joel Greenblatt) % among Retail - Defensive companies is 13.46, based on 309 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. Pan Pacific International Holdings's current ROC (Joel Greenblatt) % of 23.41% is 73.9% 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 Pan Pacific International Holdings and its competitors. For the Retail - Defensive industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Pacific International Holdings's current ROC (Joel Greenblatt) % is 23.41%, which is 70% above median its own 10-year median of 13.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Pacific International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pan Pacific International Holdings (TSE:7532) is currently considered Fairly Valued. The stock's GF Value™ is 円930.62, compared to a current price of 円964.60 — trading 3.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.41%, which is 70% above median its 10-year median of 13.77 and 73.9% above the Retail - Defensive industry median of 13.46. Pan Pacific International Holdings' overall GF Score™ is 85/100. 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 Pan Pacific International Holdings (TSE:7532), the current ROC (Joel Greenblatt) % is 23.41% 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 Pan Pacific International Holdings (TSE:7532) Overvalued in 2026?

Based on GuruFocus' analysis, Pan Pacific International Holdings stock appears to be overvalued. The current stock price of 円964.60 is trading 3.7% above its estimated GF Value™ of 円930.62. GuruFocus considers Pan Pacific International Holdings to be Fairly Valued.

Key valuation signals for TSE:7532:

  • ROC (Joel Greenblatt) %: 23.41% (70% above median its 10-year median of 13.77)
  • GF Value™: 円930.62 vs. price of 円964.60 (3.7% above fair value)
  • GF Score™: 85/100
  • Industry Position: 73.9% above the Retail - Defensive median (#102 of 309)

No single metric tells the full story. See the TSE:7532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pan Pacific International Holdings Business Description

Address 2-25-12 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Pan Pacific International Holdings is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 661 stores as of early 2026 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under the UNY brand. Overseas operations concentrate on North America and Southeast Asia. The group has acquired small supermarket chains in Hawaii and California in the US and also operates stores across Singapore and Hong Kong.
85GF Score

Get the complete analysis for TSE:7532

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

円964.60
Price
円930.62
GF Value