Maruhachi Warehouse Co (TSE:9313) ROC (Joel Greenblatt) %: 5.74% (As of May. 2026) — Near Median

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TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
64 GF Score
Price 円1,051.00
GF Value 円837.75
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Maruhachi Warehouse Co ROC (Joel Greenblatt) %?

Maruhachi Warehouse Co TSE:9313 64 ROC (Joel Greenblatt) % is 5.74% as of May. 2026, which is 3% above its 10-year median of 5.58. GuruFocus rates TSE:9313 with a GF Score™ of 64/100 and a GF Value™ of 円837.75 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,081 Business Services companies, Maruhachi Warehouse Co ranks worse than 72.62% 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. Maruhachi Warehouse Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 5.74%.

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

TSE:9313' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.69   Med: 5.58   Max: 9.72
Current: 4.62

During the past 13 years, Maruhachi Warehouse Co's highest ROC (Joel Greenblatt) % was 9.72%. The lowest was 3.69%. And the median was 5.58%.

TSE:9313's ROC (Joel Greenblatt) % is ranked worse than
72.62% of 1081 companies
in the Business Services industry
Industry Median: 21.2 vs TSE:9313: 4.62

Maruhachi Warehouse Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.30% per year.


Maruhachi Warehouse Co  (TSE:9313) 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.


Maruhachi Warehouse Co ROC (Joel Greenblatt) % Related Terms


Maruhachi Warehouse Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co ROC (Joel Greenblatt) % Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 3.84 4.45 9.72 3.69

Maruhachi Warehouse Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 4.54 14.91 3.56 3.51 5.74

TSE:9313 vs CTAS, CPRT, GPN: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9313
64GF Score
Maruhachi Warehouse Co Ltd TSE:9313
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse 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: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(301.876 + 0 + 205.207) - (132.619 + 0 + 274.214)
=100.25

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(303.815 + 0 + 101.428) - (379.05 + 0 + 321.802)
=-295.609

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Maruhachi Warehouse Co for the quarter that ended in May. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=897.068/( ( (15685.663 + max(100.25, 0)) + (15493.674 + max(-295.609, 0)) )/ 2 )
=897.068/( ( 15785.913 + 15493.674 )/ 2 )
=897.068/15639.7935
=5.74 %

Note: The EBIT data used here is two times the semi-annual (May. 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 5.74% mean?
Maruhachi Warehouse Co (TSE:9313) has a ROC (Joel Greenblatt) % of 5.74% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Maruhachi Warehouse Co and its competitors. This is near median its historical median of 5.58. Over the past decade, Maruhachi Warehouse Co's ROC (Joel Greenblatt) % has ranged from 3.69 to 9.72. According to the industry distribution chart, Maruhachi Warehouse Co ranks #785 out of 1081 companies in the Business Services industry, placing it in the top 72.6%.
Is Maruhachi Warehouse Co's ROC (Joel Greenblatt) % too high?
Maruhachi Warehouse Co's current ROC (Joel Greenblatt) % of 5.74% is near median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 9.72. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. Maruhachi Warehouse Co's value of 5.74% is 72.9% below this industry median. Based on the distribution chart, Maruhachi Warehouse Co ranks #785 out of 1081 companies in the Business Services industry, which is below the industry midpoint. Overall, Maruhachi Warehouse Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Maruhachi Warehouse Co ranks #785 out of 1081 companies for ROC (Joel Greenblatt) %. This places Maruhachi Warehouse Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 21.20. Maruhachi Warehouse Co's value of 5.74% is 72.9% below this benchmark. Historically, Maruhachi Warehouse Co's own ROC (Joel Greenblatt) % has ranged from 3.69 to 9.72 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 21.20, Maruhachi Warehouse Co 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,081 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. Maruhachi Warehouse Co's current ROC (Joel Greenblatt) % of 5.74% is 72.9% 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 Maruhachi Warehouse Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Warehouse Co's current ROC (Joel Greenblatt) % is 5.74%, which is near median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Modestly Overvalued. The stock's GF Value™ is 円837.75, compared to a current price of 円1,051.00 — trading 25.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.74%, which is near median its 10-year median of 5.58 and 72.9% below the Business Services industry median of 21.20. Maruhachi Warehouse Co's overall GF Score™ is 64/100 with 8 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 Maruhachi Warehouse Co (TSE:9313), the current ROC (Joel Greenblatt) % is 5.74% as of May. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,051.00 is trading 25.5% above its estimated GF Value™ of 円837.75. GuruFocus considers Maruhachi Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9313:

  • ROC (Joel Greenblatt) %: 5.74% (near median its 10-year median of 5.58)
  • GF Value™: 円837.75 vs. price of 円1,051.00 (25.5% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 72.9% below the Business Services median (#785 of 1081)

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
64GF Score

Get the complete analysis for TSE:9313

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

円1,051.00
Price
円837.75
GF Value