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MRK HoldingsTSE:9980 -1.05%76 ROC (Joel Greenblatt) % is 14.53% as of Mar. 2026, which is 54% above its 10-year median of 9.44. GuruFocus rates TSE:9980 with a GF Score™ of 76/100 and a GF Value™ of 円115.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, MRK Holdings ranks better than 61.24% 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. MRK Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.53%.
The historical rank and industry rank for MRK Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:9980'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.22 Med: 9.44 Max: 42.66
Current: 12.07
During the past 13 years, MRK Holdings's highest ROC (Joel Greenblatt) % was 42.66%. The lowest was -17.22%. And the median was 9.44%.
TSE:9980's ROC (Joel Greenblatt) % is ranked better than 61.24% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.45
vs TSE:9980: 12.07
MRK Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.00% 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.
MRK Holdings ROC (Joel Greenblatt) % Related Terms
MRK Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for MRK Holdings'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:9980 vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, MRK Holdings'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.
MRK Holdings ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MRK Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MRK Holdings'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 14.53% mean?
MRK Holdings (TSE:9980) has a ROC (Joel Greenblatt) % of 14.53% 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 MRK Holdings and its competitors. This is 54% above median its historical median of 9.44. According to the industry distribution chart, MRK Holdings ranks #412 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.8%.
Is MRK Holdings' ROC (Joel Greenblatt) % too high?
MRK Holdings' current ROC (Joel Greenblatt) % of 14.53% is 54% above median its 10-year median of 9.44. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.45. MRK Holdings' value of 14.53% is 72% above this industry median. Based on the distribution chart, MRK Holdings ranks #412 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, MRK Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRK Holdings' ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, MRK Holdings ranks #412 out of 1063 companies for ROC (Joel Greenblatt) %. This puts MRK Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.45. MRK Holdings' value of 14.53% is 72% above this benchmark. While the company's 10-year median is 9.44 vs. the industry median of 8.45, MRK Holdings 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.45, based on 1,063 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. MRK Holdings's current ROC (Joel Greenblatt) % of 14.53% is 72% 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 MRK Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRK Holdings's current ROC (Joel Greenblatt) % is 14.53%, which is 54% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRK Holdings stock overvalued right now?
Based on GuruFocus' analysis, MRK Holdings (TSE:9980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円115.73, compared to a current price of 円94.00 — trading 18.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.53%, which is 54% above median its 10-year median of 9.44 and 72% above the Manufacturing - Apparel & Accessories industry median of 8.45. MRK Holdings' overall GF Score™ is 76/100 with 5 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 MRK Holdings (TSE:9980), the current ROC (Joel Greenblatt) % is 14.53% 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 MRK Holdings (TSE:9980) Overvalued in 2026?
Based on GuruFocus' analysis, MRK Holdings stock appears to be undervalued.
The current stock price of 円94.00 is trading 18.8% below its estimated GF Value™ of 円115.73.
GuruFocus considers MRK Holdings to be Modestly Undervalued.
Key valuation signals for TSE:9980:
ROC (Joel Greenblatt) %: 14.53% (54% above median its 10-year median of 9.44)
GF Value™: 円115.73 vs. price of 円94.00 (18.8% below fair value)
Industry Position: 72% above the Manufacturing - Apparel & Accessories median (#412 of 1063)
No single metric tells the full story. See the TSE:9980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRK Holdings Inc manufactures and trades women's lingerie, body-care cosmetics, and health food products. The company's segment includes Women's clothing and related business, Maternity and baby related business, and wedding and banquet related events business. The company generates the majority of its revenue from the Women's clothing and related business.
76GF Score
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