Revolution Co (TSE:8894) ROC (Joel Greenblatt) %: -16.73% (As of Apr. 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:8894 Revolution Co Ltd TSE:8894
56 GF Score
Price 円22.00
GF Value 円865.48
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Revolution Co ROC (Joel Greenblatt) %?

Revolution Co TSE:8894 56 ROC (Joel Greenblatt) % is -16.73% as of Apr. 2026. GuruFocus rates TSE:8894 with a GF Score™ of 56/100 and a GF Value™ of 円865.48 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,753 Real Estate companies, Revolution Co ranks worse than 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. Revolution Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -16.73%.

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

TSE:8894' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -258.03   Med: -2.52   Max: 111.13
Current: -5.75

During the past 13 years, Revolution Co's highest ROC (Joel Greenblatt) % was 111.13%. The lowest was -258.03%. And the median was -2.52%.

TSE:8894's ROC (Joel Greenblatt) % is ranked worse than
81% of 1753 companies
in the Real Estate industry
Industry Median: 13.46 vs TSE:8894: -5.75

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


Revolution Co  (TSE:8894) 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.


Revolution Co ROC (Joel Greenblatt) % Related Terms


Revolution Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Revolution 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.

Revolution Co ROC (Joel Greenblatt) % Chart

Revolution Co Annual Data
Trend Feb16 Feb17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.18 1.74 -37.87 111.13 -258.03

Revolution Co Semi-Annual Data
Aug16 Feb17 Aug17 Apr18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -56.42 238.08 -665.54 6.24 -16.73

TSE:8894 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Revolution 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.


Revolution Co ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Revolution Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:8894
56GF Score
Revolution Co Ltd TSE:8894
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Revolution 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)
=(5.28 + 24491.46 + 1449.448) - (65.326 + 0 + 22705.867)
=3174.995

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6 + 21133 + 581) - (121 + 0 + 19064)
=2535

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Revolution 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 )
=-2082/( ( (9928.853 + max(3174.995, 0)) + (9245 + max(2535, 0)) )/ 2 )
=-2082/( ( 13103.848 + 11780 )/ 2 )
=-2082/12441.924
=-16.73 %

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 -16.73% mean?
Revolution Co (TSE:8894) has a ROC (Joel Greenblatt) % of -16.73% 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 Revolution Co and its competitors. According to the industry distribution chart, Revolution Co ranks #1420 out of 1753 companies in the Real Estate industry, placing it in the top 81%.
Is Revolution Co's ROC (Joel Greenblatt) % too high?
Revolution Co's current ROC (Joel Greenblatt) % is -16.73%. Based on the distribution chart, Revolution Co ranks #1420 out of 1753 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Revolution Co has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Revolution Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Revolution Co ranks #1420 out of 1753 companies for ROC (Joel Greenblatt) %. This places Revolution Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.46, based on 1,753 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. 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 Revolution Co and its competitors. For the Real Estate 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. Revolution Co's current ROC (Joel Greenblatt) % is -16.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revolution Co stock overvalued right now?
Based on GuruFocus' analysis, Revolution Co (TSE:8894) is currently considered Possible Value Trap. The stock's GF Value™ is 円865.48, compared to a current price of 円22.00 — trading 97.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -16.73%. Revolution Co's overall GF Score™ is 56/100 with 10 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 Revolution Co (TSE:8894), the current ROC (Joel Greenblatt) % is -16.73% 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 Revolution Co (TSE:8894) Overvalued in 2026?

Based on GuruFocus' analysis, Revolution Co stock appears to be undervalued. The current stock price of 円22.00 is trading 97.5% below its estimated GF Value™ of 円865.48. GuruFocus considers Revolution Co to be Possible Value Trap.

Key valuation signals for TSE:8894:

  • ROC (Joel Greenblatt) %: -16.73%
  • GF Value™: 円865.48 vs. price of 円22.00 (97.5% below fair value)
  • GF Score™: 56/100 with 10 warning signs

No single metric tells the full story. See the TSE:8894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Revolution Co Business Description

Address 2-2-1 Hosoecho, Harahirosan Building, 4th floor, Shimonoseki, JPN, 750-0016
Revolution Co Ltd is engaged in real estate and construction. The services provided by the company include condominium sale, apartment sales representation, accommodation and management of rental housing, real estate management, construction contracting, and construction design supervision.
56GF Score

Get the complete analysis for TSE:8894

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

円22.00
Price
円865.48
GF Value