Starzen Co (TSE:8043) ROC (Joel Greenblatt) %: 15.24% (As of Mar. 2026) — 31% Above Median

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TSE:8043 Starzen Co Ltd TSE:8043
72 GF Score
Price 円1,282.00
GF Value 円1,061.21
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Starzen Co ROC (Joel Greenblatt) %?

Starzen Co TSE:8043 -0.47% 72 ROC (Joel Greenblatt) % is 15.24% as of Mar. 2026, which is 31% above its 10-year median of 11.60. GuruFocus rates TSE:8043 with a GF Score™ of 72/100 and a GF Value™ of 円1,061.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,982 Consumer Packaged Goods companies, Starzen Co ranks better than 50.81% 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. Starzen Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.24%.

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

TSE:8043' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.88   Med: 11.6   Max: 20.94
Current: 12.24

During the past 13 years, Starzen Co's highest ROC (Joel Greenblatt) % was 20.94%. The lowest was 5.88%. And the median was 11.60%.

TSE:8043's ROC (Joel Greenblatt) % is ranked better than
50.81% of 1982 companies
in the Consumer Packaged Goods industry
Industry Median: 11.985 vs TSE:8043: 12.24

Starzen Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.00% per year.


Starzen Co  (TSE:8043) 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.


Starzen Co ROC (Joel Greenblatt) % Related Terms


Starzen Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Starzen 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.

Starzen Co ROC (Joel Greenblatt) % Chart

Starzen Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 13.55 14.31 20.94 12.17

Starzen Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 15.15 9.51 30.50 9.05 15.24

TSE:8043 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Starzen 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.


Starzen Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Starzen Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:8043
72GF Score
Starzen Co Ltd TSE:8043
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starzen 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31225 + 48378 + 18903) - (19228 + 0 + 15348)
=63930

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36279 + 47760 + 23159) - (31605 + 0 + 5925)
=69668

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Starzen Co 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16246/( ( (37414 + max(63930, 0)) + (42237 + max(69668, 0)) )/ 2 )
=16246/( ( 101344 + 111905 )/ 2 )
=16246/106624.5
=15.24 %

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 15.24% mean?
Starzen Co (TSE:8043) has a ROC (Joel Greenblatt) % of 15.24% 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 Starzen Co and its competitors. This is 31% above median its historical median of 11.60. Over the past decade, Starzen Co's ROC (Joel Greenblatt) % has ranged from 5.88 to 20.94. According to the industry distribution chart, Starzen Co ranks #975 out of 1982 companies in the Consumer Packaged Goods industry, placing it in the top 49.2%.
Is Starzen Co's ROC (Joel Greenblatt) % too high?
Starzen Co's current ROC (Joel Greenblatt) % of 15.24% is 31% above median its 10-year median of 11.60. Over the past 10 years, this metric has ranged from a low of 5.88 to a high of 20.94. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Starzen Co's value of 15.24% is 27.2% above this industry median. Based on the distribution chart, Starzen Co ranks #975 out of 1982 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Starzen Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starzen Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Starzen Co ranks #975 out of 1982 companies for ROC (Joel Greenblatt) %. This puts Starzen Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Starzen Co's value of 15.24% is 27.2% above this benchmark. Historically, Starzen Co's own ROC (Joel Greenblatt) % has ranged from 5.88 to 20.94 over the past decade. While the company's 10-year median is 11.60 vs. the industry median of 11.99, Starzen 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,982 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. Starzen Co's current ROC (Joel Greenblatt) % of 15.24% is 27.2% 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 Starzen Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starzen Co's current ROC (Joel Greenblatt) % is 15.24%, which is 31% above median its own 10-year median of 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starzen Co stock overvalued right now?
Based on GuruFocus' analysis, Starzen Co (TSE:8043) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,061.21, compared to a current price of 円1,282.00 — trading 20.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.24%, which is 31% above median its 10-year median of 11.60 and 27.2% above the Consumer Packaged Goods industry median of 11.99. Starzen Co's overall GF Score™ is 72/100 with 4 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 Starzen Co (TSE:8043), the current ROC (Joel Greenblatt) % is 15.24% 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 Starzen Co (TSE:8043) Overvalued in 2026?

Based on GuruFocus' analysis, Starzen Co stock appears to be overvalued. The current stock price of 円1,282.00 is trading 20.8% above its estimated GF Value™ of 円1,061.21. GuruFocus considers Starzen Co to be Modestly Overvalued.

Key valuation signals for TSE:8043:

  • ROC (Joel Greenblatt) %: 15.24% (31% above median its 10-year median of 11.60)
  • GF Value™: 円1,061.21 vs. price of 円1,282.00 (20.8% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 27.2% above the Consumer Packaged Goods median (#975 of 1982)

No single metric tells the full story. See the TSE:8043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starzen Co Business Description

Address 1-6-41 Konan, Minato-ku, Tokyo, JPN, 108-0075
Starzen Co Ltd is a food processing company based in Japan that offers meat and meat products. It is also involved in pig and cattle farming and fattening. The company offers ham bacon, sausages, and processed meat which are sold to supermarkets, meat specialty stores, department stores, family restaurants, fast food chains, convenience stores, co-ops, food processing companies, meat wholesale traders, and others.
72GF Score

Get the complete analysis for TSE:8043

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

円1,282.00
Price
円1,061.21
GF Value