Tokyo Kaikan Co (TSE:9701) ROC (Joel Greenblatt) %: 17.52% (As of Mar. 2026) — 218% Above Median

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TSE:9701 Tokyo Kaikan Co Ltd TSE:9701
72 GF Score
Price 円4,260.00
GF Value 円4,397.28
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Tokyo Kaikan Co ROC (Joel Greenblatt) %?

Tokyo Kaikan Co TSE:9701 -0.35% 72 ROC (Joel Greenblatt) % is 17.52% as of Mar. 2026, which is 218% above its 10-year median of 5.51. GuruFocus rates TSE:9701 with a GF Score™ of 72/100 and a GF Value™ of 円4,397.28 (Fairly Valued). The stock has 2 warning signs investors should review. Among 361 Restaurants companies, Tokyo Kaikan Co ranks better than 55.96% 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. Tokyo Kaikan Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.52%.

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

TSE:9701' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.17   Med: 5.51   Max: 22.44
Current: 11.74

During the past 13 years, Tokyo Kaikan Co's highest ROC (Joel Greenblatt) % was 22.44%. The lowest was -17.17%. And the median was 5.51%.

TSE:9701's ROC (Joel Greenblatt) % is ranked better than
55.96% of 361 companies
in the Restaurants industry
Industry Median: 8.42 vs TSE:9701: 11.74

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


Tokyo Kaikan Co  (TSE:9701) 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.


Tokyo Kaikan Co ROC (Joel Greenblatt) % Related Terms


Tokyo Kaikan Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tokyo Kaikan 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.

Tokyo Kaikan Co ROC (Joel Greenblatt) % Chart

Tokyo Kaikan 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 7.03 2.43 6.64 9.59 11.69

Tokyo Kaikan Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 9.57 5.44 13.96 6.17 17.52

TSE:9701 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison

For the Restaurants subindustry, Tokyo Kaikan 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.


Tokyo Kaikan Co ROC (Joel Greenblatt) % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tokyo Kaikan Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSE:9701
72GF Score
Tokyo Kaikan Co Ltd TSE:9701
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Kaikan 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)
=(469.987 + 195.835 + 138.464) - (1424.792 + 0 + 990.266)
=-1610.772

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.144 + 177.547 + 138.723) - (1812.408 + 0 + 739.174)
=-1558.168

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tokyo Kaikan 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2274.972/( ( (13062.931 + max(-1610.772, 0)) + (12914.016 + max(-1558.168, 0)) )/ 2 )
=2274.972/( ( 13062.931 + 12914.016 )/ 2 )
=2274.972/12988.4735
=17.52 %

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 17.52% mean?
Tokyo Kaikan Co (TSE:9701) has a ROC (Joel Greenblatt) % of 17.52% 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 Tokyo Kaikan Co and its competitors. This is 218% above median its historical median of 5.51. According to the industry distribution chart, Tokyo Kaikan Co ranks #159 out of 361 companies in the Restaurants industry, placing it in the top 44%.
Is Tokyo Kaikan Co's ROC (Joel Greenblatt) % too high?
Tokyo Kaikan Co's current ROC (Joel Greenblatt) % of 17.52% is 218% above median its 10-year median of 5.51. The Restaurants industry median ROC (Joel Greenblatt) % is 8.42. Tokyo Kaikan Co's value of 17.52% is 108.1% above this industry median. Based on the distribution chart, Tokyo Kaikan Co ranks #159 out of 361 companies in the Restaurants industry, which is above the industry midpoint. Overall, Tokyo Kaikan Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kaikan Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Tokyo Kaikan Co ranks #159 out of 361 companies for ROC (Joel Greenblatt) %. This puts Tokyo Kaikan Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.42. Tokyo Kaikan Co's value of 17.52% is 108.1% above this benchmark. While the company's 10-year median is 5.51 vs. the industry median of 8.42, Tokyo Kaikan 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.42, based on 361 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. Tokyo Kaikan Co's current ROC (Joel Greenblatt) % of 17.52% is 108.1% 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 Tokyo Kaikan Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Kaikan Co's current ROC (Joel Greenblatt) % is 17.52%, which is 218% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Kaikan Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kaikan Co (TSE:9701) is currently considered Fairly Valued. The stock's GF Value™ is 円4,397.28, compared to a current price of 円4,260.00 — trading 3.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.52%, which is 218% above median its 10-year median of 5.51 and 108.1% above the Restaurants industry median of 8.42. Tokyo Kaikan Co's overall GF Score™ is 72/100 with 2 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 Tokyo Kaikan Co (TSE:9701), the current ROC (Joel Greenblatt) % is 17.52% 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 Tokyo Kaikan Co (TSE:9701) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Kaikan Co stock appears to be undervalued. The current stock price of 円4,260.00 is trading 3.1% below its estimated GF Value™ of 円4,397.28. GuruFocus considers Tokyo Kaikan Co to be Fairly Valued.

Key valuation signals for TSE:9701:

  • ROC (Joel Greenblatt) %: 17.52% (218% above median its 10-year median of 5.51)
  • GF Value™: 円4,397.28 vs. price of 円4,260.00 (3.1% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 108.1% above the Restaurants median (#159 of 361)

No single metric tells the full story. See the TSE:9701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Kaikan Co Business Description

Address No. 2 No. 1 of Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Tokyo Kaikan Co Ltd engages in the management of banquet halls, wedding halls and restaurants. It offers wedding services, gifts, boutiques, galleries, clubs, cafe, cocktail lounge, and catering services. It also engages in the purchase and sale of food and beverages.
72GF Score

Get the complete analysis for TSE:9701

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

円4,260.00
Price
円4,397.28
GF Value