Maruzen Showa Unyu Co (TSE:9068) ROC (Joel Greenblatt) %: 22.60% (As of Mar. 2026) — 53% Above Median

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TSE:9068 Maruzen Showa Unyu Co Ltd TSE:9068
82 GF Score
Price 円7,720.00
GF Value 円6,301.32
Valuation Modestly Overvalued
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What is Maruzen Showa Unyu Co ROC (Joel Greenblatt) %?

Maruzen Showa Unyu Co TSE:9068 -1.15% 82 ROC (Joel Greenblatt) % is 22.60% as of Mar. 2026, which is 53% above its 10-year median of 14.80. GuruFocus rates TSE:9068 with a GF Score™ of 82/100 and a GF Value™ of 円6,301.32 (Modestly Overvalued). Among 999 Transportation companies, Maruzen Showa Unyu Co ranks better than 72.17% 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. Maruzen Showa Unyu Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.60%.

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

TSE:9068' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.55   Med: 14.8   Max: 20.5
Current: 20.27

During the past 13 years, Maruzen Showa Unyu Co's highest ROC (Joel Greenblatt) % was 20.50%. The lowest was 11.55%. And the median was 14.80%.

TSE:9068's ROC (Joel Greenblatt) % is ranked better than
72.17% of 999 companies
in the Transportation industry
Industry Median: 11.71 vs TSE:9068: 20.27

Maruzen Showa Unyu Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.50% per year.


Maruzen Showa Unyu Co  (TSE:9068) 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.


Maruzen Showa Unyu Co ROC (Joel Greenblatt) % Related Terms


Maruzen Showa Unyu Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Maruzen Showa Unyu 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.

Maruzen Showa Unyu Co ROC (Joel Greenblatt) % Chart

Maruzen Showa Unyu 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 14.65 14.94 16.45 17.36 20.50

Maruzen Showa Unyu 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 11.55 18.13 20.39 19.74 22.60

TSE:9068 vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Maruzen Showa Unyu 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.


Maruzen Showa Unyu Co ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Maruzen Showa Unyu Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9068
82GF Score
Maruzen Showa Unyu Co Ltd TSE:9068
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruzen Showa Unyu 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)
=(30141 + 402 + 3578) - (16345 + 0 + 4942)
=12834

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27395 + 420 + 3404) - (18013 + 0 + 5102)
=8104

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Maruzen Showa Unyu 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 )
=20768/( ( (81167 + max(12834, 0)) + (81686 + max(8104, 0)) )/ 2 )
=20768/( ( 94001 + 89790 )/ 2 )
=20768/91895.5
=22.60 %

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 22.60% mean?
Maruzen Showa Unyu Co (TSE:9068) has a ROC (Joel Greenblatt) % of 22.60% 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 Maruzen Showa Unyu Co and its competitors. This is 53% above median its historical median of 14.80. Over the past decade, Maruzen Showa Unyu Co's ROC (Joel Greenblatt) % has ranged from 11.55 to 20.50. According to the industry distribution chart, Maruzen Showa Unyu Co ranks #278 out of 999 companies in the Transportation industry, placing it in the top 27.8%.
Is Maruzen Showa Unyu Co's ROC (Joel Greenblatt) % too high?
Maruzen Showa Unyu Co's current ROC (Joel Greenblatt) % of 22.60% is 53% above median its 10-year median of 14.80. Over the past 10 years, this metric has ranged from a low of 11.55 to a high of 20.50. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. Maruzen Showa Unyu Co's value of 22.60% is 93% above this industry median. Based on the distribution chart, Maruzen Showa Unyu Co ranks #278 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Maruzen Showa Unyu Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruzen Showa Unyu Co's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Maruzen Showa Unyu Co ranks #278 out of 999 companies for ROC (Joel Greenblatt) %. This puts Maruzen Showa Unyu Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Maruzen Showa Unyu Co's value of 22.60% is 93% above this benchmark. Historically, Maruzen Showa Unyu Co's own ROC (Joel Greenblatt) % has ranged from 11.55 to 20.50 over the past decade. While the company's 10-year median is 14.80 vs. the industry median of 11.71, Maruzen Showa Unyu 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 999 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. Maruzen Showa Unyu Co's current ROC (Joel Greenblatt) % of 22.60% is 93% 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 Maruzen Showa Unyu Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruzen Showa Unyu Co's current ROC (Joel Greenblatt) % is 22.60%, which is 53% above median its own 10-year median of 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruzen Showa Unyu Co stock overvalued right now?
Based on GuruFocus' analysis, Maruzen Showa Unyu Co (TSE:9068) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,301.32, compared to a current price of 円7,720.00 — trading 22.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.60%, which is 53% above median its 10-year median of 14.80 and 93% above the Transportation industry median of 11.71. Maruzen Showa Unyu Co's overall GF Score™ is 82/100. 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 Maruzen Showa Unyu Co (TSE:9068), the current ROC (Joel Greenblatt) % is 22.60% 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 Maruzen Showa Unyu Co (TSE:9068) Overvalued in 2026?

Based on GuruFocus' analysis, Maruzen Showa Unyu Co stock appears to be overvalued. The current stock price of 円7,720.00 is trading 22.5% above its estimated GF Value™ of 円6,301.32. GuruFocus considers Maruzen Showa Unyu Co to be Modestly Overvalued.

Key valuation signals for TSE:9068:

  • ROC (Joel Greenblatt) %: 22.60% (53% above median its 10-year median of 14.80)
  • GF Value™: 円6,301.32 vs. price of 円7,720.00 (22.5% above fair value)
  • GF Score™: 82/100
  • Industry Position: 93% above the Transportation median (#278 of 999)

No single metric tells the full story. See the TSE:9068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruzen Showa Unyu Co Business Description

Address 2-15 Minami-nakadori, Yokohama, JPN, 231-8419
Maruzen Showa Unyu Co Ltd is a Japan-based company engaged in the provision of logistics and transportation services. The company operates through three segments. Its Logistics segments provide freight truck transportation, harbor transport operations, customs brokerage, packing, warehouse operations, ocean shipping as well as air shipping agent. The Yard operations and machine stevedoring segment are involved in assembly, warehouse storage of raw materials, heavy loads, precision machinery and related operations. Its Other business segment renders construction, security services, industrial waste disposal, insurance agent, and vehicle maintenance services.
82GF Score

Get the complete analysis for TSE:9068

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

円7,720.00
Price
円6,301.32
GF Value