San-Ai Obbli Co (TSE:8097) ROC (Joel Greenblatt) %: 33.55% (As of Mar. 2026) — 31% Above Median

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TSE:8097 San-Ai Obbli Co Ltd TSE:8097
73 GF Score
Price 円2,321.00
GF Value 円1,870.12
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is San-Ai Obbli Co ROC (Joel Greenblatt) %?

San-Ai Obbli Co TSE:8097 +1.18% 73 ROC (Joel Greenblatt) % is 33.55% as of Mar. 2026, which is 31% above its 10-year median of 25.60. GuruFocus rates TSE:8097 with a GF Score™ of 73/100 and a GF Value™ of 円1,870.12 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 997 Oil & Gas companies, San-Ai Obbli Co ranks better than 82.95% 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. San-Ai Obbli Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.55%.

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

TSE:8097' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.19   Med: 25.6   Max: 33.05
Current: 26.06

During the past 13 years, San-Ai Obbli Co's highest ROC (Joel Greenblatt) % was 33.05%. The lowest was 18.19%. And the median was 25.60%.

TSE:8097's ROC (Joel Greenblatt) % is ranked better than
82.95% of 997 companies
in the Oil & Gas industry
Industry Median: 8.55 vs TSE:8097: 26.06

San-Ai Obbli Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.10% per year.


San-Ai Obbli Co  (TSE:8097) 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.


San-Ai Obbli Co ROC (Joel Greenblatt) % Related Terms


San-Ai Obbli Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for San-Ai Obbli 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.

San-Ai Obbli Co ROC (Joel Greenblatt) % Chart

San-Ai Obbli 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 25.29 32.69 33.05 26.60 25.71

San-Ai Obbli Co 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 23.51 10.27 22.17 37.54 33.55

TSE:8097 vs VLO, MPC, PSX: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Refining & Marketing subindustry, San-Ai Obbli 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.


San-Ai Obbli Co ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, San-Ai Obbli Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where San-Ai Obbli Co's ROC (Joel Greenblatt) % falls into.


TSE:8097
73GF Score
San-Ai Obbli Co Ltd TSE:8097
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San-Ai Obbli 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44828 + 8173 + 1579) - (55961 + 0 + 22479)
=-23860

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40444 + 9809 + 993) - (49537 + 0 + 21749)
=-20040

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of San-Ai Obbli 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19188/( ( (56454 + max(-23860, 0)) + (57933 + max(-20040, 0)) )/ 2 )
=19188/( ( 56454 + 57933 )/ 2 )
=19188/57193.5
=33.55 %

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 33.55% mean?
San-Ai Obbli Co (TSE:8097) has a ROC (Joel Greenblatt) % of 33.55% 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 San-Ai Obbli Co and its competitors. This is 31% above median its historical median of 25.60. Over the past decade, San-Ai Obbli Co's ROC (Joel Greenblatt) % has ranged from 18.19 to 33.05. According to the industry distribution chart, San-Ai Obbli Co ranks #170 out of 997 companies in the Oil & Gas industry, placing it in the top 17.1%.
Is San-Ai Obbli Co's ROC (Joel Greenblatt) % too high?
San-Ai Obbli Co's current ROC (Joel Greenblatt) % of 33.55% is 31% above median its 10-year median of 25.60. Over the past 10 years, this metric has ranged from a low of 18.19 to a high of 33.05. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.55. San-Ai Obbli Co's value of 33.55% is 292.4% above this industry median. Based on the distribution chart, San-Ai Obbli Co ranks #170 out of 997 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, San-Ai Obbli Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San-Ai Obbli Co's ROC (Joel Greenblatt) % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, San-Ai Obbli Co ranks #170 out of 997 companies for ROC (Joel Greenblatt) %. This places San-Ai Obbli Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.55. San-Ai Obbli Co's value of 33.55% is 292.4% above this benchmark. Historically, San-Ai Obbli Co's own ROC (Joel Greenblatt) % has ranged from 18.19 to 33.05 over the past decade. While the company's 10-year median is 25.60 vs. the industry median of 8.55, San-Ai Obbli 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.55, based on 997 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. San-Ai Obbli Co's current ROC (Joel Greenblatt) % of 33.55% is 292.4% 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 San-Ai Obbli Co and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San-Ai Obbli Co's current ROC (Joel Greenblatt) % is 33.55%, which is 31% above median its own 10-year median of 25.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San-Ai Obbli Co stock overvalued right now?
Based on GuruFocus' analysis, San-Ai Obbli Co (TSE:8097) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,870.12, compared to a current price of 円2,321.00 — trading 24.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.55%, which is 31% above median its 10-year median of 25.60 and 292.4% above the Oil & Gas industry median of 8.55. San-Ai Obbli Co's overall GF Score™ is 73/100 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 San-Ai Obbli Co (TSE:8097), the current ROC (Joel Greenblatt) % is 33.55% 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 San-Ai Obbli Co (TSE:8097) Overvalued in 2026?

Based on GuruFocus' analysis, San-Ai Obbli Co stock appears to be overvalued. The current stock price of 円2,321.00 is trading 24.1% above its estimated GF Value™ of 円1,870.12. GuruFocus considers San-Ai Obbli Co to be Modestly Overvalued.

Key valuation signals for TSE:8097:

  • ROC (Joel Greenblatt) %: 33.55% (31% above median its 10-year median of 25.60)
  • GF Value™: 円1,870.12 vs. price of 円2,321.00 (24.1% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 292.4% above the Oil & Gas median (#170 of 997)

No single metric tells the full story. See the TSE:8097 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San-Ai Obbli Co Business Description

Industry EnergyOil & Gas
Address 2-3-2, Otemachi, Chiyoda-ku, 10th Floor, Otemachiplace East Tower, Tokyo, JPN, 100-8154
San-Ai Obbli Co Ltd is engaged in the marketing and retailing of Petroleum Products and Liquefied Petroleum Gas (LPG). The company provides service of storage and related operation of petroleum products, gas pipeline service, aviation fuel storage facility, into-plane fuel service. It also focuses on designing, constructing, and consulting airport fuel storage and hydrant system. San-Ai Oil is involved in the sale of biocide products, fire extinguishing agents, and other chemical products and energy-saving devices.
73GF Score

Get the complete analysis for TSE:8097

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

円2,321.00
Price
円1,870.12
GF Value