Sac's Bar Holdings (TSE:9990) ROC (Joel Greenblatt) %: 14.37% (As of Mar. 2026) — Near Median

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TSE:9990 Sac's Bar Holdings Inc TSE:9990
75 GF Score
Price 円786.00
GF Value 円837.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Sac's Bar Holdings ROC (Joel Greenblatt) %?

Sac's Bar Holdings TSE:9990 -0.25% 75 ROC (Joel Greenblatt) % is 14.37% as of Mar. 2026, which is 4% above its 10-year median of 13.82. GuruFocus rates TSE:9990 with a GF Score™ of 75/100 and a GF Value™ of 円837.39 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Sac's Bar Holdings ranks better than 52.92% 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. Sac's Bar Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.37%.

The historical rank and industry rank for Sac's Bar Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

TSE:9990' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.52   Med: 13.82   Max: 30.93
Current: 13.42

During the past 13 years, Sac's Bar Holdings's highest ROC (Joel Greenblatt) % was 30.93%. The lowest was -9.52%. And the median was 13.82%.

TSE:9990's ROC (Joel Greenblatt) % is ranked better than
52.92% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 11.64 vs TSE:9990: 13.42

Sac's Bar Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sac's Bar Holdings  (TSE:9990) 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.


Sac's Bar Holdings ROC (Joel Greenblatt) % Related Terms


Sac's Bar Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sac's Bar 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.

Sac's Bar Holdings ROC (Joel Greenblatt) % Chart

Sac's Bar Holdings 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 -4.98 10.30 16.09 18.32 13.43

Sac's Bar Holdings 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 17.05 18.08 18.91 12.41 14.37

TSE:9990 vs TPR: ROC (Joel Greenblatt) % Comparison

For the Luxury Goods subindustry, Sac's Bar 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.


Sac's Bar Holdings ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sac's Bar Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sac's Bar Holdings's ROC (Joel Greenblatt) % falls into.


TSE:9990
75GF Score
Sac's Bar Holdings Inc TSE:9990
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sac's Bar Holdings 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)
=(3301.464 + 12651.439 + 211.365) - (3601.193 + 0 + 2226.661)
=10336.414

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4262.264 + 12909.857 + 237.62) - (3637.931 + 0 + 2516.179)
=11255.631

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sac's Bar Holdings 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 )
=3380.552/( ( (12753.795 + max(10336.414, 0)) + (12689.324 + max(11255.631, 0)) )/ 2 )
=3380.552/( ( 23090.209 + 23944.955 )/ 2 )
=3380.552/23517.582
=14.37 %

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 14.37% mean?
Sac's Bar Holdings (TSE:9990) has a ROC (Joel Greenblatt) % of 14.37% 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 Sac's Bar Holdings and its competitors. This is near median its historical median of 13.82. According to the industry distribution chart, Sac's Bar Holdings ranks #532 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 47.1%.
Is Sac's Bar Holdings' ROC (Joel Greenblatt) % too high?
Sac's Bar Holdings' current ROC (Joel Greenblatt) % of 14.37% is near median its 10-year median of 13.82. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.64. Sac's Bar Holdings' value of 14.37% is 23.5% above this industry median. Based on the distribution chart, Sac's Bar Holdings ranks #532 out of 1130 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Sac's Bar Holdings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sac's Bar Holdings' ROC (Joel Greenblatt) % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sac's Bar Holdings ranks #532 out of 1130 companies for ROC (Joel Greenblatt) %. This puts Sac's Bar Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.64. Sac's Bar Holdings' value of 14.37% is 23.5% above this benchmark. While the company's 10-year median is 13.82 vs. the industry median of 11.64, Sac's Bar 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.64, based on 1,130 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. Sac's Bar Holdings's current ROC (Joel Greenblatt) % of 14.37% is 23.5% 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 Sac's Bar Holdings and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sac's Bar Holdings's current ROC (Joel Greenblatt) % is 14.37%, which is near median its own 10-year median of 13.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sac's Bar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sac's Bar Holdings (TSE:9990) is currently considered Fairly Valued. The stock's GF Value™ is 円837.39, compared to a current price of 円786.00 — trading 6.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.37%, which is near median its 10-year median of 13.82 and 23.5% above the Retail - Cyclical industry median of 11.64. Sac's Bar Holdings' overall GF Score™ is 75/100 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 Sac's Bar Holdings (TSE:9990), the current ROC (Joel Greenblatt) % is 14.37% 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 Sac's Bar Holdings (TSE:9990) Overvalued in 2026?

Based on GuruFocus' analysis, Sac's Bar Holdings stock appears to be undervalued. The current stock price of 円786.00 is trading 6.1% below its estimated GF Value™ of 円837.39. GuruFocus considers Sac's Bar Holdings to be Fairly Valued.

Key valuation signals for TSE:9990:

  • ROC (Joel Greenblatt) %: 14.37% (near median its 10-year median of 13.82)
  • GF Value™: 円837.39 vs. price of 円786.00 (6.1% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 23.5% above the Retail - Cyclical median (#532 of 1130)

No single metric tells the full story. See the TSE:9990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sac's Bar Holdings Business Description

Address Katsushika-ku Shinkoiwa 1-48-14, 3rd Delica Building, Tokyo, JPN, 124-8558
Sac's Bar Holdings Inc through its subsidiaries is engaged in the retail and wholesale of bags, wallets and miscellaneous goods in China. The company operates more than 600 retail stores that sell a wide range of men's and women's bags, wallets, and accessories. The retail stores sell national and imported brands, but it also carries private-brand products. Sac's Bar's other businesses design and manufacture men's bags and luggage that wholesale to mass merchandisers, department stores, and other retailers. Majority of the company's sales come from its retail stores, which operate under the names Sac's Bar, Lapax, and Gran Sac's. The company's sales are entirely in Japan.
75GF Score

Get the complete analysis for TSE:9990

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

円786.00
Price
円837.39
GF Value