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Grandy HouseTSE:8999 54 ROC (Joel Greenblatt) % is 5.89% as of Mar. 2026, which is 23% below its 10-year median of 7.62. GuruFocus rates TSE:8999 with a GF Score™ of 54/100 and a GF Value™ of 円576.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,752 Real Estate companies, Grandy House ranks worse than 65.53% 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. Grandy House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.89%.
The historical rank and industry rank for Grandy House's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:8999'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.16 Med: 7.62 Max: 10.48
Current: 4.66
During the past 13 years, Grandy House's highest ROC (Joel Greenblatt) % was 10.48%. The lowest was 2.16%. And the median was 7.62%.
TSE:8999's ROC (Joel Greenblatt) % is ranked worse than 65.53% of 1752
companies
in the Real Estate industry
Industry Median: 13.385
vs TSE:8999: 4.66
Grandy House's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -23.90% per year.
Grandy House (TSE:8999) 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.
Grandy House ROC (Joel Greenblatt) % Related Terms
Grandy House ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Grandy House'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.
TSE:8999 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Grandy House'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.
Grandy House ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Grandy House's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grandy House's ROC (Joel Greenblatt) % falls into.
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:
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.
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 5.89% mean?
Grandy House (TSE:8999) has a ROC (Joel Greenblatt) % of 5.89% 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 Grandy House and its competitors. This is 23% below median its historical median of 7.62. Over the past decade, Grandy House's ROC (Joel Greenblatt) % has ranged from 2.16 to 10.48. According to the industry distribution chart, Grandy House ranks #1148 out of 1752 companies in the Real Estate industry, placing it in the top 65.5%.
Is Grandy House's ROC (Joel Greenblatt) % too high?
Grandy House's current ROC (Joel Greenblatt) % of 5.89% is 23% below median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 10.48. The Real Estate industry median ROC (Joel Greenblatt) % is 13.39. Grandy House's value of 5.89% is 56% below this industry median. Based on the distribution chart, Grandy House ranks #1148 out of 1752 companies in the Real Estate industry, which is below the industry midpoint. Overall, Grandy House has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grandy House's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grandy House ranks #1148 out of 1752 companies for ROC (Joel Greenblatt) %. This places Grandy House in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.39. Grandy House's value of 5.89% is 56% below this benchmark. Historically, Grandy House's own ROC (Joel Greenblatt) % has ranged from 2.16 to 10.48 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 13.39, Grandy House has consistently been below 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 13.39, based on 1,752 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. Grandy House's current ROC (Joel Greenblatt) % of 5.89% is 56% 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 Grandy House and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandy House's current ROC (Joel Greenblatt) % is 5.89%, which is 23% below median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandy House stock overvalued right now?
Based on GuruFocus' analysis, Grandy House (TSE:8999) is currently considered Fairly Valued. The stock's GF Value™ is 円576.61, compared to a current price of 円581.00 — trading 0.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.89%, which is 23% below median its 10-year median of 7.62 and 56% below the Real Estate industry median of 13.39. Grandy House's overall GF Score™ is 54/100 with 6 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 Grandy House (TSE:8999), the current ROC (Joel Greenblatt) % is 5.89% 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 Grandy House (TSE:8999) Overvalued in 2026?
Based on GuruFocus' analysis, Grandy House stock appears to be overvalued.
The current stock price of 円581.00 is trading 0.8% above its estimated GF Value™ of 円576.61.
GuruFocus considers Grandy House to be Fairly Valued.
Key valuation signals for TSE:8999:
ROC (Joel Greenblatt) %: 5.89% (23% below median its 10-year median of 7.62)
GF Value™: 円576.61 vs. price of 円581.00 (0.8% above fair value)
Industry Position: 56% below the Real Estate median (#1148 of 1752)
No single metric tells the full story. See the TSE:8999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grandy House Corp is a real estate company based in Japan. The company's three reportable segments are classified as Real Estate Sales, Construction Material Sales, and Real Estate Leasing. The Real Estate Sales business includes sales of new homes including building contract and sale of land and existing homes and home renovation. The Construction Material Sales business comprises of production and sale of pre-cut materials for housing and sale of construction materials and home facilities and equipment. In the Real Estate Leasing business, activities comprise the leasing of office, homes, related properties, and parking facilities.
54GF Score
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