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.
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.
SG Holdings CoTSE:9143 -0.03%73 ROC (Joel Greenblatt) % is 14.88% as of Mar. 2026, which is 40% below its 10-year median of 24.73. GuruFocus rates TSE:9143 with a GF Score™ of 73/100 and a GF Value™ of 円1,954.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,001 Transportation companies, SG Holdings Co ranks better than 63.54% 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. SG Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.88%.
The historical rank and industry rank for SG Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9143'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.49 Med: 24.73 Max: 41.74
Current: 16.5
During the past 11 years, SG Holdings Co's highest ROC (Joel Greenblatt) % was 41.74%. The lowest was 16.49%. And the median was 24.73%.
TSE:9143's ROC (Joel Greenblatt) % is ranked better than 63.54% of 1001
companies
in the Transportation industry
Industry Median: 11.82
vs TSE:9143: 16.50
SG Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -16.20% per year.
SG Holdings Co (TSE:9143) 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.
SG Holdings Co ROC (Joel Greenblatt) % Related Terms
SG Holdings Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SG Holdings 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.
TSE:9143 vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, SG Holdings 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.
SG Holdings Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, SG Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SG Holdings Co's ROC (Joel Greenblatt) % falls into.
SG Holdings 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:
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 14.88% mean?
SG Holdings Co (TSE:9143) has a ROC (Joel Greenblatt) % of 14.88% 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 SG Holdings Co and its competitors. This is 40% below median its historical median of 24.73. Over the past decade, SG Holdings Co's ROC (Joel Greenblatt) % has ranged from 16.49 to 41.74. According to the industry distribution chart, SG Holdings Co ranks #365 out of 1001 companies in the Transportation industry, placing it in the top 36.5%.
Is SG Holdings Co's ROC (Joel Greenblatt) % too high?
SG Holdings Co's current ROC (Joel Greenblatt) % of 14.88% is 40% below median its 10-year median of 24.73. Over the past 10 years, this metric has ranged from a low of 16.49 to a high of 41.74. The Transportation industry median ROC (Joel Greenblatt) % is 11.82. SG Holdings Co's value of 14.88% is 25.9% above this industry median. Based on the distribution chart, SG Holdings Co ranks #365 out of 1001 companies in the Transportation industry, which is above the industry midpoint. Overall, SG Holdings Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SG Holdings Co's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, SG Holdings Co ranks #365 out of 1001 companies for ROC (Joel Greenblatt) %. This puts SG Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.82. SG Holdings Co's value of 14.88% is 25.9% above this benchmark. Historically, SG Holdings Co's own ROC (Joel Greenblatt) % has ranged from 16.49 to 41.74 over the past decade. While the company's 10-year median is 24.73 vs. the industry median of 11.82, SG Holdings 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 11.82, based on 1,001 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. SG Holdings Co's current ROC (Joel Greenblatt) % of 14.88% is 25.9% 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 SG Holdings Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SG Holdings Co's current ROC (Joel Greenblatt) % is 14.88%, which is 40% below median its own 10-year median of 24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SG Holdings Co (TSE:9143) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,954.94, compared to a current price of 円1,565.50 — trading 19.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.88%, which is 40% below median its 10-year median of 24.73 and 25.9% above the Transportation industry median of 11.82. SG Holdings Co's overall GF Score™ is 73/100 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 SG Holdings Co (TSE:9143), the current ROC (Joel Greenblatt) % is 14.88% 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 SG Holdings Co (TSE:9143) Overvalued in 2026?
Based on GuruFocus' analysis, SG Holdings Co stock appears to be undervalued.
The current stock price of 円1,565.50 is trading 19.9% below its estimated GF Value™ of 円1,954.94.
GuruFocus considers SG Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9143:
ROC (Joel Greenblatt) %: 14.88% (40% below median its 10-year median of 24.73)
GF Value™: 円1,954.94 vs. price of 円1,565.50 (19.9% below fair value)
Industry Position: 25.9% above the Transportation median (#365 of 1001)
No single metric tells the full story. See the TSE:9143 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Holdings Co Ltd provides international freight, logistics, local delivery, international express, and other associated business services. The company operates through three reportable segments: Delivery Business, Logistics Business, and Real Estate Business. The Delivery Business provides courier, mail, international courier, and various transport services. The Logistics Business offers distribution processing, logistics system construction, inventory and center operations, route delivery, international air and sea transport, customs clearance, and low-temperature logistics. The Real Estate Business engages in real estate rental, development, management, and renewable energy supply. It generates the majority of its revenue from the Delivery business segment.
73GF Score
Get the complete analysis for TSE:9143
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9143 has been successfully added to your 
