Greenland Resort Co (TSE:9656) ROC (Joel Greenblatt) %: 0.00% (As of Dec. 2025)

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TSE:9656 Greenland Resort Co Ltd TSE:9656
65 GF Score
Price 円600.00
GF Value 円648.66
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Greenland Resort Co ROC (Joel Greenblatt) %?

Greenland Resort Co TSE:9656 +0.33% 65 ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates TSE:9656 with a GF Score™ of 65/100 and a GF Value™ of 円648.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 847 Travel & Leisure companies, Greenland Resort Co ranks worse than 68.95% 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. Greenland Resort Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

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

TSE:9656' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.75   Med: 3.01   Max: 4.6
Current: 2.66

During the past 13 years, Greenland Resort Co's highest ROC (Joel Greenblatt) % was 4.60%. The lowest was -6.75%. And the median was 3.01%.

TSE:9656's ROC (Joel Greenblatt) % is ranked worse than
68.95% of 847 companies
in the Travel & Leisure industry
Industry Median: 10 vs TSE:9656: 2.66

Greenland Resort Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Greenland Resort Co  (TSE:9656) 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.


Greenland Resort Co ROC (Joel Greenblatt) % Related Terms


Greenland Resort Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Greenland Resort 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.

Greenland Resort Co ROC (Joel Greenblatt) % Chart

Greenland Resort Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.75 4.01 4.54 4.60 4.22

Greenland Resort Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 2.23 4.80 5.50 0.00 0.45

TSE:9656 vs LVS, MGM, WYNN: ROC (Joel Greenblatt) % Comparison

For the Resorts & Casinos subindustry, Greenland Resort 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.


Greenland Resort Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greenland Resort Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9656
65GF Score
Greenland Resort Co Ltd TSE:9656
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Resort 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(297.742 + 115.704 + 122.804) - (497.072 + 0 + 236.601)
=-197.423

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(311.894 + 116.535 + 89.506) - (644.055 + 0 + 192.595)
=-318.715

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Greenland Resort Co for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (17929.479 + max(-197.423, 0)) + (17904.852 + max(-318.715, 0)) )/ 2 )
=0/( ( 17929.479 + 17904.852 )/ 2 )
=0/17917.1655
=0.00 %

Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 0.00% mean?
Greenland Resort Co (TSE:9656) has a ROC (Joel Greenblatt) % of 0.00% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Greenland Resort Co and its competitors. According to the industry distribution chart, Greenland Resort Co ranks #584 out of 847 companies in the Travel & Leisure industry, placing it in the top 68.9%.
Is Greenland Resort Co's ROC (Joel Greenblatt) % too high?
Greenland Resort Co's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Greenland Resort Co ranks #584 out of 847 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Greenland Resort Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenland Resort Co's ROC (Joel Greenblatt) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Greenland Resort Co ranks #584 out of 847 companies for ROC (Joel Greenblatt) %. This places Greenland Resort Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.00. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 847 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. 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 Greenland Resort Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Resort Co's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Resort Co stock overvalued right now?
Based on GuruFocus' analysis, Greenland Resort Co (TSE:9656) is currently considered Fairly Valued. The stock's GF Value™ is 円648.66, compared to a current price of 円600.00 — trading 7.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Greenland Resort Co's overall GF Score™ is 65/100 with 4 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 Greenland Resort Co (TSE:9656), the current ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. 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 Greenland Resort Co (TSE:9656) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Resort Co stock appears to be undervalued. The current stock price of 円600.00 is trading 7.5% below its estimated GF Value™ of 円648.66. GuruFocus considers Greenland Resort Co to be Fairly Valued.

Key valuation signals for TSE:9656:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: 円648.66 vs. price of 円600.00 (7.5% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:9656 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenland Resort Co Business Description

Address 1616 Shimoide, Kumamoto Prefecture, Arao, JPN, 864-8691
Greenland Resort Co Ltd is a Japan-based company engaged in the leisure business. The group primarily engages in the management and operation of amusement parks, hotels, golf courses, and related facilities. Its core business segments include the amusement park business, golf business, hotel business, real estate business, and civil engineering and construction. It also offers tourism services and manages restaurants and sports facilities.
65GF Score

Get the complete analysis for TSE:9656

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

円600.00
Price
円648.66
GF Value