Tsuruha HoldingsTSUSF 67 ROC (Joel Greenblatt) % is 38.37% as of Feb. 2026, which is 30% below its 10-year median of 55.04. GuruFocus rates TSUSF with a GF Score™ of 67/100 and a GF Value™ of $20.72. The stock has 5 warning signs investors should review. Among 668 Healthcare Providers & Services companies, Tsuruha Holdings ranks better than 78.14% 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. Tsuruha Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 38.37%.
The historical rank and industry rank for Tsuruha Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
TSUSF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.43 Med: 55.04 Max: 89.55
Current: 37.69
During the past 13 years, Tsuruha Holdings's highest ROC (Joel Greenblatt) % was 89.55%. The lowest was 24.43%. And the median was 55.04%.
TSUSF's ROC (Joel Greenblatt) % is ranked better than 78.14% of 668
companies
in the Healthcare Providers & Services industry
Industry Median: 12.485
vs TSUSF: 37.69
Tsuruha Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -15.60% 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.
Tsuruha Holdings ROC (Joel Greenblatt) % Related Terms
Tsuruha Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tsuruha 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.
For the Pharmaceutical Retailers subindustry, Tsuruha 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.
Tsuruha Holdings ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tsuruha Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tsuruha 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 four times the quarterly (Feb. 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 38.37% mean?
Tsuruha Holdings (TSUSF) has a ROC (Joel Greenblatt) % of 38.37% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tsuruha Holdings and its competitors. This is 30% below median its historical median of 55.04. Over the past decade, Tsuruha Holdings' ROC (Joel Greenblatt) % has ranged from 24.43 to 89.55. According to the industry distribution chart, Tsuruha Holdings ranks #146 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 21.9%.
Is Tsuruha Holdings' ROC (Joel Greenblatt) % too high?
Tsuruha Holdings' current ROC (Joel Greenblatt) % of 38.37% is 30% below median its 10-year median of 55.04. Over the past 10 years, this metric has ranged from a low of 24.43 to a high of 89.55. The Healthcare Providers & Services industry median ROC (Joel Greenblatt) % is 12.49. Tsuruha Holdings' value of 38.37% is 207.3% above this industry median. Based on the distribution chart, Tsuruha Holdings ranks #146 out of 668 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tsuruha Holdings has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Tsuruha Holdings' ROC (Joel Greenblatt) % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Tsuruha Holdings ranks #146 out of 668 companies for ROC (Joel Greenblatt) %. This places Tsuruha Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.49. Tsuruha Holdings' value of 38.37% is 207.3% above this benchmark. Historically, Tsuruha Holdings' own ROC (Joel Greenblatt) % has ranged from 24.43 to 89.55 over the past decade. While the company's 10-year median is 55.04 vs. the industry median of 12.49, Tsuruha 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 Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 12.49, based on 668 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. Tsuruha Holdings's current ROC (Joel Greenblatt) % of 38.37% is 207.3% 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 Tsuruha Holdings and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 12.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsuruha Holdings's current ROC (Joel Greenblatt) % is 38.37%, which is 30% below median its own 10-year median of 55.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsuruha Holdings stock overvalued right now?
Tsuruha Holdings (TSUSF) has a current ROC (Joel Greenblatt) % of 38.37%. The stock's GF Value™ is $20.72, compared to a current price of $17.25 — trading 16.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 38.37%, which is 30% below median its 10-year median of 55.04 and 207.3% above the Healthcare Providers & Services industry median of 12.49. Tsuruha Holdings' overall GF Score™ is 67/100 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 Tsuruha Holdings (TSUSF), the current ROC (Joel Greenblatt) % is 38.37% as of Feb. 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 Tsuruha Holdings (TSUSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tsuruha Holdings stock appears to be undervalued.
The current stock price of $17.25 is trading 16.7% below its estimated GF Value™ of $20.72.
Key valuation signals for TSUSF:
ROC (Joel Greenblatt) %: 38.37% (30% below median its 10-year median of 55.04)
GF Value™: $20.72 vs. price of $17.25 (16.7% below fair value)
Industry Position: 207.3% above the Healthcare Providers & Services median (#146 of 668)
No single metric tells the full story. See the TSUSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsuruha Holdings Inc manages pharmaceutical companies in Japan, where the drugstore business is the core of their operations. The company generates revenue through selling prescription and over-the-counter drugs, medical supplies, nursing care products, discount cosmetics, health products, and a miscellaneous assortment of general merchandise. It also provides blood testing services, disease prevention solutions, and at-home drug delivery services.
67GF Score
Get the complete analysis for TSUSF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSUSF has been successfully added to your 
