Saikaya Department Store Co (TSE:8254) ROC (Joel Greenblatt) %: 1.83% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8254 Saikaya Department Store Co Ltd TSE:8254
46 GF Score
Price 円382.00
GF Value 円324.38
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Saikaya Department Store Co ROC (Joel Greenblatt) %?

Saikaya Department Store Co TSE:8254 -3.78% 46 ROC (Joel Greenblatt) % is 1.83% as of Feb. 2026. GuruFocus rates TSE:8254 with a GF Score™ of 46/100 and a GF Value™ of 円324.38 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Saikaya Department Store Co ranks worse than 73.81% 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. Saikaya Department Store Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 1.83%.

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

TSE:8254' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.96   Med: -0.26   Max: 2.22
Current: 1.56

During the past 13 years, Saikaya Department Store Co's highest ROC (Joel Greenblatt) % was 2.22%. The lowest was -43.96%. And the median was -0.26%.

TSE:8254's ROC (Joel Greenblatt) % is ranked worse than
73.81% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 11.63 vs TSE:8254: 1.56

Saikaya Department Store Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Saikaya Department Store Co  (TSE:8254) 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.


Saikaya Department Store Co ROC (Joel Greenblatt) % Related Terms


Saikaya Department Store Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Saikaya Department Store 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.

Saikaya Department Store Co ROC (Joel Greenblatt) % Chart

Saikaya Department Store Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.01 -4.87 0.48 1.34 2.22

Saikaya Department Store Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.53 1.14 3.11 1.30 1.83

TSE:8254 vs DDS, M: ROC (Joel Greenblatt) % Comparison

For the Department Stores subindustry, Saikaya Department Store 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.


Saikaya Department Store Co ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saikaya Department Store Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:8254
46GF Score
Saikaya Department Store Co Ltd TSE:8254
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saikaya Department Store 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(276.241 + 390.727 + 85.666) - (611.401 + 0 + 932.089)
=-790.856

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(302.827 + 361.917 + 154.313) - (677.385 + 0 + 1112.849)
=-971.177

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Saikaya Department Store Co for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=166.376/( ( (8749.556 + max(-790.856, 0)) + (9448.496 + max(-971.177, 0)) )/ 2 )
=166.376/( ( 8749.556 + 9448.496 )/ 2 )
=166.376/9099.026
=1.83 %

Note: The EBIT data used here is two times the semi-annual (Feb. 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 1.83% mean?
Saikaya Department Store Co (TSE:8254) has a ROC (Joel Greenblatt) % of 1.83% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Saikaya Department Store Co and its competitors. According to the industry distribution chart, Saikaya Department Store Co ranks #834 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 73.8%.
Is Saikaya Department Store Co's ROC (Joel Greenblatt) % too high?
Saikaya Department Store Co's current ROC (Joel Greenblatt) % is 1.83%. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. Saikaya Department Store Co's value of 1.83% is 84.3% below this industry median. Based on the distribution chart, Saikaya Department Store Co ranks #834 out of 1130 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Saikaya Department Store Co has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saikaya Department Store Co's ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Saikaya Department Store Co ranks #834 out of 1130 companies for ROC (Joel Greenblatt) %. This places Saikaya Department Store Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.63. Saikaya Department Store Co's value of 1.83% is 84.3% below this benchmark. 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 11.63, 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. Saikaya Department Store Co's current ROC (Joel Greenblatt) % of 1.83% is 84.3% below 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 Saikaya Department Store Co and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saikaya Department Store Co's current ROC (Joel Greenblatt) % is 1.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saikaya Department Store Co stock overvalued right now?
Based on GuruFocus' analysis, Saikaya Department Store Co (TSE:8254) is currently considered Modestly Overvalued. The stock's GF Value™ is 円324.38, compared to a current price of 円382.00 — trading 17.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 1.83% and 84.3% below the Retail - Cyclical industry median of 11.63. Saikaya Department Store Co's overall GF Score™ is 46/100 with 5 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 Saikaya Department Store Co (TSE:8254), the current ROC (Joel Greenblatt) % is 1.83% as of Feb. 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 Saikaya Department Store Co (TSE:8254) Overvalued in 2026?

Based on GuruFocus' analysis, Saikaya Department Store Co stock appears to be overvalued. The current stock price of 円382.00 is trading 17.8% above its estimated GF Value™ of 円324.38. GuruFocus considers Saikaya Department Store Co to be Modestly Overvalued.

Key valuation signals for TSE:8254:

  • ROC (Joel Greenblatt) %: 1.83%
  • GF Value™: 円324.38 vs. price of 円382.00 (17.8% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 84.3% below the Retail - Cyclical median (#834 of 1130)

No single metric tells the full story. See the TSE:8254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saikaya Department Store Co Business Description

Address 1 Nisshin-cho, Kawasaki Ward, Kanagawa, JPN, 210-0023
Saikaya Department Store Co Ltd formerly, Saikaya Co Ltd operates in the department stores industry. The company is engaged in the operation of department store chains in Kanagawa prefecture. It also operates a supermarket chain and real estate business.
46GF Score

Get the complete analysis for TSE:8254

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

円382.00
Price
円324.38
GF Value