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Forval RealStraightTSE:9423 75 ROC (Joel Greenblatt) % is 1,388.53% as of Mar. 2026, which is 27% above its 10-year median of 1,096.09. GuruFocus rates TSE:9423 with a GF Score™ of 75/100 and a GF Value™ of 円157.56 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,753 Real Estate companies, Forval RealStraight ranks better than 91.96% 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. Forval RealStraight's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,388.53%.
The historical rank and industry rank for Forval RealStraight's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9423'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 496.6 Med: 1096.09 Max: 1909.53
Current: 951.23
During the past 13 years, Forval RealStraight's highest ROC (Joel Greenblatt) % was 1909.53%. The lowest was 496.60%. And the median was 1096.09%.
TSE:9423's ROC (Joel Greenblatt) % is ranked better than 91.96% of 1753
companies
in the Real Estate industry
Industry Median: 13.09
vs TSE:9423: 951.23
Forval RealStraight's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.70% per year.
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.
Forval RealStraight ROC (Joel Greenblatt) % Related Terms
Forval RealStraight ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Forval RealStraight'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:9423 vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Forval RealStraight'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.
Forval RealStraight ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forval RealStraight's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Forval RealStraight'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 two times the semi-annual (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 1,388.53% mean?
Forval RealStraight (TSE:9423) has a ROC (Joel Greenblatt) % of 1,388.53% 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 Forval RealStraight and its competitors. This is 27% above median its historical median of 1,096.09. Over the past decade, Forval RealStraight's ROC (Joel Greenblatt) % has ranged from 496.60 to 1,909.53. According to the industry distribution chart, Forval RealStraight ranks #141 out of 1753 companies in the Real Estate industry, placing it in the top 8%.
Is Forval RealStraight's ROC (Joel Greenblatt) % too high?
Forval RealStraight's current ROC (Joel Greenblatt) % of 1,388.53% is 27% above median its 10-year median of 1,096.09. Over the past 10 years, this metric has ranged from a low of 496.60 to a high of 1,909.53. The Real Estate industry median ROC (Joel Greenblatt) % is 13.09. Forval RealStraight's value of 1,388.53% is 10507.6% above this industry median. Based on the distribution chart, Forval RealStraight ranks #141 out of 1753 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Forval RealStraight has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #141 out of 1753 companies for ROC (Joel Greenblatt) %. This places Forval RealStraight in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.09. Forval RealStraight's value of 1,388.53% is 10507.6% above this benchmark. Historically, Forval RealStraight's own ROC (Joel Greenblatt) % has ranged from 496.60 to 1,909.53 over the past decade. While the company's 10-year median is 1,096.09 vs. the industry median of 13.09, Forval RealStraight 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 13.09, based on 1,753 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. Forval RealStraight's current ROC (Joel Greenblatt) % of 1,388.53% is 10507.6% 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 Forval RealStraight and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forval RealStraight's current ROC (Joel Greenblatt) % is 1,388.53%, which is 27% above median its own 10-year median of 1,096.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円157.56, compared to a current price of 円105.00 — trading 33.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,388.53%, which is 27% above median its 10-year median of 1,096.09 and 10507.6% above the Real Estate industry median of 13.09. Forval RealStraight's overall GF Score™ is 75/100 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 Forval RealStraight (TSE:9423), the current ROC (Joel Greenblatt) % is 1,388.53% 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 Forval RealStraight (TSE:9423) Overvalued in 2026?
Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued.
The current stock price of 円105.00 is trading 33.4% below its estimated GF Value™ of 円157.56.
GuruFocus considers Forval RealStraight to be Significantly Undervalued.
Key valuation signals for TSE:9423:
ROC (Joel Greenblatt) %: 1,388.53% (27% above median its 10-year median of 1,096.09)
GF Value™: 円157.56 vs. price of 円105.00 (33.4% below fair value)
Industry Position: 10507.6% above the Real Estate median (#141 of 1753)
No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
75GF Score
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