Sun Frontier Fudousan Co (TSE:8934) ROC (Joel Greenblatt) %: 16.03% (As of Mar. 2026) — Near Median

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TSE:8934 Sun Frontier Fudousan Co Ltd TSE:8934
93 GF Score
Price 円2,547.00
GF Value 円2,553.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Sun Frontier Fudousan Co ROC (Joel Greenblatt) %?

Sun Frontier Fudousan Co TSE:8934 -1.36% 93 ROC (Joel Greenblatt) % is 16.03% as of Mar. 2026, which is 3% below its 10-year median of 16.59. GuruFocus rates TSE:8934 with a GF Score™ of 93/100 and a GF Value™ of 円2,553.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,748 Real Estate companies, Sun Frontier Fudousan Co ranks better than 52% 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. Sun Frontier Fudousan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.03%.

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

TSE:8934' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.66   Med: 16.59   Max: 24.31
Current: 14.61

During the past 13 years, Sun Frontier Fudousan Co's highest ROC (Joel Greenblatt) % was 24.31%. The lowest was 8.66%. And the median was 16.59%.

TSE:8934's ROC (Joel Greenblatt) % is ranked better than
52% of 1748 companies
in the Real Estate industry
Industry Median: 12.85 vs TSE:8934: 14.61

Sun Frontier Fudousan Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.10% per year.


Sun Frontier Fudousan Co  (TSE:8934) 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.


Sun Frontier Fudousan Co ROC (Joel Greenblatt) % Related Terms


Sun Frontier Fudousan Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sun Frontier Fudousan 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.

Sun Frontier Fudousan Co ROC (Joel Greenblatt) % Chart

Sun Frontier Fudousan 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 13.80 16.57 16.60 16.00 14.55

Sun Frontier Fudousan 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 25.88 16.10 20.56 6.45 16.03

TSE:8934 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Sun Frontier Fudousan 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.


Sun Frontier Fudousan Co ROC (Joel Greenblatt) % vs Real Estate Industry

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

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


TSE:8934
93GF Score
Sun Frontier Fudousan Co Ltd TSE:8934
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Frontier Fudousan 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)
=(3495 + 164201 + 3911) - (5976 + 0 + 9335)
=156296

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3791 + 178539 + 4101) - (9687 + 0 + 10643)
=166101

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sun Frontier Fudousan 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 )
=30444/( ( (31093 + max(156296, 0)) + (26246 + max(166101, 0)) )/ 2 )
=30444/( ( 187389 + 192347 )/ 2 )
=30444/189868
=16.03 %

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 16.03% mean?
Sun Frontier Fudousan Co (TSE:8934) has a ROC (Joel Greenblatt) % of 16.03% 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 Sun Frontier Fudousan Co and its competitors. This is near median its historical median of 16.59. Over the past decade, Sun Frontier Fudousan Co's ROC (Joel Greenblatt) % has ranged from 8.66 to 24.31. According to the industry distribution chart, Sun Frontier Fudousan Co ranks #839 out of 1748 companies in the Real Estate industry, placing it in the top 48%.
Is Sun Frontier Fudousan Co's ROC (Joel Greenblatt) % too high?
Sun Frontier Fudousan Co's current ROC (Joel Greenblatt) % of 16.03% is near median its 10-year median of 16.59. Over the past 10 years, this metric has ranged from a low of 8.66 to a high of 24.31. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. Sun Frontier Fudousan Co's value of 16.03% is 24.7% above this industry median. Based on the distribution chart, Sun Frontier Fudousan Co ranks #839 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sun Frontier Fudousan Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun Frontier Fudousan Co's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sun Frontier Fudousan Co ranks #839 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Sun Frontier Fudousan Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.85. Sun Frontier Fudousan Co's value of 16.03% is 24.7% above this benchmark. Historically, Sun Frontier Fudousan Co's own ROC (Joel Greenblatt) % has ranged from 8.66 to 24.31 over the past decade. While the company's 10-year median is 16.59 vs. the industry median of 12.85, Sun Frontier Fudousan 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,748 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. Sun Frontier Fudousan Co's current ROC (Joel Greenblatt) % of 16.03% is 24.7% 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 Sun Frontier Fudousan Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Frontier Fudousan Co's current ROC (Joel Greenblatt) % is 16.03%, which is near median its own 10-year median of 16.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Frontier Fudousan Co stock overvalued right now?
Based on GuruFocus' analysis, Sun Frontier Fudousan Co (TSE:8934) is currently considered Fairly Valued. The stock's GF Value™ is 円2,553.57, compared to a current price of 円2,547.00 — trading 0.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.03%, which is near median its 10-year median of 16.59 and 24.7% above the Real Estate industry median of 12.85. Sun Frontier Fudousan Co's overall GF Score™ is 93/100 with 3 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 Sun Frontier Fudousan Co (TSE:8934), the current ROC (Joel Greenblatt) % is 16.03% 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 Sun Frontier Fudousan Co (TSE:8934) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Frontier Fudousan Co stock appears to be undervalued. The current stock price of 円2,547.00 is trading 0.3% below its estimated GF Value™ of 円2,553.57. GuruFocus considers Sun Frontier Fudousan Co to be Fairly Valued.

Key valuation signals for TSE:8934:

  • ROC (Joel Greenblatt) %: 16.03% (near median its 10-year median of 16.59)
  • GF Value™: 円2,553.57 vs. price of 円2,547.00 (0.3% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 24.7% above the Real Estate median (#839 of 1748)

No single metric tells the full story. See the TSE:8934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Frontier Fudousan Co Business Description

Address 2-2, Yurakucho 1-chom, Tokyo, JPN
Sun Frontier Fudousan Co Ltd is a Japan-based real estate services company. The company revitalizes and distributes real estate properties. Its activities include replanning, property management, commercial real estate brokerage, leasing management and construction and renovation. In the real estate revitalization business, it reduces vacancy rates by revitalizing commercial buildings using capitalization method. In the real estate business, it manages commercial property in central Tokyo, under which its main business are replanning, sales brokerage, rental brokerage, building management, construction planning, delinquent rent guarantee and asset consultancy.
93GF Score

Get the complete analysis for TSE:8934

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

円2,547.00
Price
円2,553.57
GF Value