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Micreed CoTSE:7687 +0.47%70 ROC (Joel Greenblatt) % is 120.43% as of Mar. 2026, which is 39% above its 10-year median of 86.61. GuruFocus rates TSE:7687 with a GF Score™ of 70/100 and a GF Value™ of 円630.67 (Significantly Undervalued). Among 309 Retail - Defensive companies, Micreed Co ranks better than 96.76% 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. Micreed Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 120.43%.
The historical rank and industry rank for Micreed Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:7687'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -65.31 Med: 86.61 Max: 159.8
Current: 140.83
During the past 9 years, Micreed Co's highest ROC (Joel Greenblatt) % was 159.80%. The lowest was -65.31%. And the median was 86.61%.
TSE:7687's ROC (Joel Greenblatt) % is ranked better than 96.76% of 309
companies
in the Retail - Defensive industry
Industry Median: 13.46
vs TSE:7687: 140.83
Micreed Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Micreed Co (TSE:7687) 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.
Micreed Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Micreed 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.
TSE:7687 vs SYY, USFD, PFGC: ROC (Joel Greenblatt) % Comparison
For the Food Distribution subindustry, Micreed 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.
Micreed Co ROC (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Micreed Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Micreed Co'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 120.43% mean?
Micreed Co (TSE:7687) has a ROC (Joel Greenblatt) % of 120.43% 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 Micreed Co and its competitors. This is 39% above median its historical median of 86.61. According to the industry distribution chart, Micreed Co ranks #10 out of 309 companies in the Retail - Defensive industry, placing it in the top 3.2%.
Is Micreed Co's ROC (Joel Greenblatt) % too high?
Micreed Co's current ROC (Joel Greenblatt) % of 120.43% is 39% above median its 10-year median of 86.61. The Retail - Defensive industry median ROC (Joel Greenblatt) % is 13.46. Micreed Co's value of 120.43% is 794.7% above this industry median. Based on the distribution chart, Micreed Co ranks #10 out of 309 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Micreed Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micreed Co's ROC (Joel Greenblatt) % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Micreed Co ranks #10 out of 309 companies for ROC (Joel Greenblatt) %. This places Micreed Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.46. Micreed Co's value of 120.43% is 794.7% above this benchmark. While the company's 10-year median is 86.61 vs. the industry median of 13.46, Micreed 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 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. Micreed Co's current ROC (Joel Greenblatt) % of 120.43% is 794.7% 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 Micreed Co 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. Micreed Co's current ROC (Joel Greenblatt) % is 120.43%, which is 39% above median its own 10-year median of 86.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micreed Co stock overvalued right now?
Based on GuruFocus' analysis, Micreed Co (TSE:7687) is currently considered Significantly Undervalued. The stock's GF Value™ is 円630.67, compared to a current price of 円427.00 — trading 32.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 120.43%, which is 39% above median its 10-year median of 86.61 and 794.7% above the Retail - Defensive industry median of 13.46. Micreed Co's overall GF Score™ is 70/100. 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 Micreed Co (TSE:7687), the current ROC (Joel Greenblatt) % is 120.43% 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 Micreed Co (TSE:7687) Overvalued in 2026?
Based on GuruFocus' analysis, Micreed Co stock appears to be undervalued.
The current stock price of 円427.00 is trading 32.3% below its estimated GF Value™ of 円630.67.
GuruFocus considers Micreed Co to be Significantly Undervalued.
Key valuation signals for TSE:7687:
ROC (Joel Greenblatt) %: 120.43% (39% above median its 10-year median of 86.61)
GF Value™: 円630.67 vs. price of 円427.00 (32.3% below fair value)
Industry Position: 794.7% above the Retail - Defensive median (#10 of 309)
No single metric tells the full story. See the TSE:7687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Address2-3-1 Nishi-Shinjuku, Shinjuku-ku, Shinjuku Monolith 28th Floor, Shipping Center: Narashino City, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Tokyo, JPN, 103-0027
Micreed Co Ltd is engaged in the planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods, and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas. The Company operates a single segment, the mail order business of food ingredients for commercial use.
70GF Score
Get the complete analysis for TSE:7687
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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