B&P Co (TSE:7804) ROC (Joel Greenblatt) %: 145.54% (As of Apr. 2026) — 50% Above Median

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TSE:7804 B&P Co Ltd TSE:7804
84 GF Score
Price 円2,217.00
GF Value 円2,535.79
Valuation Modestly Undervalued
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What is B&P Co ROC (Joel Greenblatt) %?

B&P Co TSE:7804 +0.41% 84 ROC (Joel Greenblatt) % is 145.54% as of Apr. 2026, which is 50% above its 10-year median of 96.74. GuruFocus rates TSE:7804 with a GF Score™ of 84/100 and a GF Value™ of 円2,535.79 (Modestly Undervalued). Among 1,015 Media - Diversified companies, B&P Co ranks better than 90.15% 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. B&P Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 145.54%.

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

TSE:7804' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 49.92   Med: 96.74   Max: 166.92
Current: 141.18

During the past 9 years, B&P Co's highest ROC (Joel Greenblatt) % was 166.92%. The lowest was 49.92%. And the median was 96.74%.

TSE:7804's ROC (Joel Greenblatt) % is ranked better than
90.15% of 1015 companies
in the Media - Diversified industry
Industry Median: 9.81 vs TSE:7804: 141.18

B&P Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 26.80% per year.


B&P Co  (TSE:7804) 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.


B&P Co ROC (Joel Greenblatt) % Related Terms


B&P Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for B&P 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.

B&P Co ROC (Joel Greenblatt) % Chart

B&P Co Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 64.20 76.12 101.27 124.08 166.92

B&P Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 110.02 122.55 145.75 152.32 145.54

TSE:7804 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison

For the Advertising Agencies subindustry, B&P 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.


B&P Co ROC (Joel Greenblatt) % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, B&P Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where B&P Co's ROC (Joel Greenblatt) % falls into.


TSE:7804
84GF Score
B&P Co Ltd TSE:7804
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B&P 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: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(652.32 + 57.207 + 180.087) - (431.148 + 0 + 246.875)
=211.591

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(656.577 + 86.829 + 175.761) - (383.608 + 0 + 182.414)
=353.145

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of B&P Co for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=672.896/( ( (171.112 + max(211.591, 0)) + (188.837 + max(353.145, 0)) )/ 2 )
=672.896/( ( 382.703 + 541.982 )/ 2 )
=672.896/462.3425
=145.54 %

Note: The EBIT data used here is two times the semi-annual (Apr. 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 145.54% mean?
B&P Co (TSE:7804) has a ROC (Joel Greenblatt) % of 145.54% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on B&P Co and its competitors. This is 50% above median its historical median of 96.74. Over the past decade, B&P Co's ROC (Joel Greenblatt) % has ranged from 49.92 to 166.92. According to the industry distribution chart, B&P Co ranks #100 out of 1015 companies in the Media - Diversified industry, placing it in the top 9.9%.
Is B&P Co's ROC (Joel Greenblatt) % too high?
B&P Co's current ROC (Joel Greenblatt) % of 145.54% is 50% above median its 10-year median of 96.74. Over the past 10 years, this metric has ranged from a low of 49.92 to a high of 166.92. The Media - Diversified industry median ROC (Joel Greenblatt) % is 9.81. B&P Co's value of 145.54% is 1383.6% above this industry median. Based on the distribution chart, B&P Co ranks #100 out of 1015 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, B&P Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&P Co's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, B&P Co ranks #100 out of 1015 companies for ROC (Joel Greenblatt) %. This places B&P Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.81. B&P Co's value of 145.54% is 1383.6% above this benchmark. Historically, B&P Co's own ROC (Joel Greenblatt) % has ranged from 49.92 to 166.92 over the past decade. While the company's 10-year median is 96.74 vs. the industry median of 9.81, B&P 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.81, based on 1,015 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. B&P Co's current ROC (Joel Greenblatt) % of 145.54% is 1383.6% 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 B&P Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&P Co's current ROC (Joel Greenblatt) % is 145.54%, which is 50% above median its own 10-year median of 96.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&P Co stock overvalued right now?
Based on GuruFocus' analysis, B&P Co (TSE:7804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,535.79, compared to a current price of 円2,217.00 — trading 12.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 145.54%, which is 50% above median its 10-year median of 96.74 and 1383.6% above the Media - Diversified industry median of 9.81. B&P Co's overall GF Score™ is 84/100. 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 B&P Co (TSE:7804), the current ROC (Joel Greenblatt) % is 145.54% as of Apr. 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 B&P Co (TSE:7804) Overvalued in 2026?

Based on GuruFocus' analysis, B&P Co stock appears to be undervalued. The current stock price of 円2,217.00 is trading 12.6% below its estimated GF Value™ of 円2,535.79. GuruFocus considers B&P Co to be Modestly Undervalued.

Key valuation signals for TSE:7804:

  • ROC (Joel Greenblatt) %: 145.54% (50% above median its 10-year median of 96.74)
  • GF Value™: 円2,535.79 vs. price of 円2,217.00 (12.6% below fair value)
  • GF Score™: 84/100
  • Industry Position: 1383.6% above the Media - Diversified median (#100 of 1015)

No single metric tells the full story. See the TSE:7804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B&P Co Business Description

Address 6-33, Edohori Fukoku Life Building, 3rd Floor, 550-0002 Osaka Prefecture, Nishi Ward Edohori 2-chome, Tokyo, JPN
B&P Co Ltd is engaged in the production of sign display for sales promotion, large outdoor signs and advertisements, production of building interior, output of interior goods. It is also engaged in proposal work for advertisement planning and production. The Company has reorganized its three business segments, namely, (i) Inkjet Printing Business, (ii) Digital Signage Business, and (iii) Digital Promotion Business, into two business segments, namely, (i) Sales Promotion Business and (ii) Web Promotion Business.
84GF Score

Get the complete analysis for TSE:7804

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

円2,217.00
Price
円2,535.79
GF Value