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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. United Arrows's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -19.73%.
The historical rank and industry rank for United Arrows's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7606'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.83 Med: 58.08 Max: 113.73
Current: 48.1
During the past 13 years, United Arrows's highest ROC (Joel Greenblatt) % was 113.73%. The lowest was -45.83%. And the median was 58.08%.
TSE:7606's ROC (Joel Greenblatt) % is ranked better than 86.64% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 11.64
vs TSE:7606: 48.10
United Arrows's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
United Arrows (TSE:7606) 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.
United Arrows ROC (Joel Greenblatt) % Related Terms
United Arrows ROC (Joel Greenblatt) % Historical Data
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The historical data trend for United Arrows'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:7606 vs TJX, ROST, BURL: ROC (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, United Arrows'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.
United Arrows ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, United Arrows's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where United Arrows'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 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 -19.73% mean?
United Arrows (TSE:7606) has a ROC (Joel Greenblatt) % of -19.73% 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 United Arrows and its competitors. According to the industry distribution chart, United Arrows ranks #151 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 13.4%.
Is United Arrows' ROC (Joel Greenblatt) % too high?
United Arrows' current ROC (Joel Greenblatt) % is -19.73%. Based on the distribution chart, United Arrows ranks #151 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, United Arrows has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Arrows' ROC (Joel Greenblatt) % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, United Arrows ranks #151 out of 1130 companies for ROC (Joel Greenblatt) %. This places United Arrows in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.64. 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 - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. 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 United Arrows and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Arrows's current ROC (Joel Greenblatt) % is -19.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Arrows stock overvalued right now?
Based on GuruFocus' analysis, United Arrows (TSE:7606) is currently considered Fairly Valued. The stock's GF Value™ is 円2,482.29, compared to a current price of 円2,427.00 — trading 2.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is -19.73%. United Arrows' overall GF Score™ is 83/100 with 2 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 United Arrows (TSE:7606), the current ROC (Joel Greenblatt) % is -19.73% 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 United Arrows (TSE:7606) Overvalued in 2026?
Based on GuruFocus' analysis, United Arrows stock appears to be undervalued.
The current stock price of 円2,427.00 is trading 2.2% below its estimated GF Value™ of 円2,482.29.
GuruFocus considers United Arrows to be Fairly Valued.
Key valuation signals for TSE:7606:
ROC (Joel Greenblatt) %: -19.73%
GF Value™: 円2,482.29 vs. price of 円2,427.00 (2.2% below fair value)
No single metric tells the full story. See the TSE:7606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Arrows Ltd operates retail stores that primarily sell clothing, shoes, and accessories. Almost all the company's stores are located in Japan. United Arrows also has substantial online sales. The company's stores operate under many different brand names and sell both designer and private-label brands, which they procure both in Japan and internationally. United Arrows' biggest brands include United Arrows, Beauty and Youth, Green Label Relaxing, Chrome Hearts, Odette e Odile, Another Edition, and Jewel Changes.
83GF Score
Get the complete analysis for TSE:7606
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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