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Yamazaki Baking CoYMZBY +17.84%83 ROC (Joel Greenblatt) % is 18.04% as of Dec. 2025, which is 89% above its 10-year median of 9.54. GuruFocus rates YMZBY with a GF Score™ of 83/100 and a GF Value™ of $180.93. The stock has 2 warning signs investors should review. Among 1,979 Consumer Packaged Goods companies, Yamazaki Baking Co ranks better than 64.58% 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. Yamazaki Baking Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.04%.
The historical rank and industry rank for Yamazaki Baking Co's ROC (Joel Greenblatt) % or its related term are showing as below:
YMZBY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.39 Med: 9.54 Max: 17.8
Current: 17.8
During the past 13 years, Yamazaki Baking Co's highest ROC (Joel Greenblatt) % was 17.80%. The lowest was 5.39%. And the median was 9.54%.
YMZBY's ROC (Joel Greenblatt) % is ranked better than 64.58% of 1979
companies
in the Consumer Packaged Goods industry
Industry Median: 11.99
vs YMZBY: 17.80
Yamazaki Baking Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 30.00% per year.
Yamazaki Baking Co (OTCPK:YMZBY) 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.
Yamazaki Baking Co ROC (Joel Greenblatt) % Related Terms
Yamazaki Baking Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Yamazaki Baking 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.
YMZBY vs KHC, GIS: ROC (Joel Greenblatt) % Comparison
For the Packaged Foods subindustry, Yamazaki Baking 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.
Yamazaki Baking Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yamazaki Baking Co's ROC (Joel Greenblatt) % falls into.
Yamazaki Baking 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:
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 (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 18.04% mean?
Yamazaki Baking Co (YMZBY) has a ROC (Joel Greenblatt) % of 18.04% 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 Yamazaki Baking Co and its competitors. This is 89% above median its historical median of 9.54. Over the past decade, Yamazaki Baking Co's ROC (Joel Greenblatt) % has ranged from 5.39 to 17.80. According to the industry distribution chart, Yamazaki Baking Co ranks #701 out of 1979 companies in the Consumer Packaged Goods industry, placing it in the top 35.4%.
Is Yamazaki Baking Co's ROC (Joel Greenblatt) % too high?
Yamazaki Baking Co's current ROC (Joel Greenblatt) % of 18.04% is 89% above median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 17.80. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Yamazaki Baking Co's value of 18.04% is 50.5% above this industry median. Based on the distribution chart, Yamazaki Baking Co ranks #701 out of 1979 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Yamazaki Baking Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Yamazaki Baking Co's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Yamazaki Baking Co ranks #701 out of 1979 companies for ROC (Joel Greenblatt) %. This puts Yamazaki Baking Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Yamazaki Baking Co's value of 18.04% is 50.5% above this benchmark. Historically, Yamazaki Baking Co's own ROC (Joel Greenblatt) % has ranged from 5.39 to 17.80 over the past decade. While the company's 10-year median is 9.54 vs. the industry median of 11.99, Yamazaki Baking 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,979 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. Yamazaki Baking Co's current ROC (Joel Greenblatt) % of 18.04% is 50.5% 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 Yamazaki Baking Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamazaki Baking Co's current ROC (Joel Greenblatt) % is 18.04%, which is 89% above median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazaki Baking Co stock overvalued right now?
Yamazaki Baking Co (YMZBY) has a current ROC (Joel Greenblatt) % of 18.04%. The stock's GF Value™ is $180.93, compared to a current price of $180.00 — trading 0.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.04%, which is 89% above median its 10-year median of 9.54 and 50.5% above the Consumer Packaged Goods industry median of 11.99. Yamazaki Baking Co's overall GF Score™ is 83/100 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 Yamazaki Baking Co (YMZBY), the current ROC (Joel Greenblatt) % is 18.04% 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 Yamazaki Baking Co (YMZBY) Overvalued in 2026?
Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be undervalued.
The current stock price of $180.00 is trading 0.5% below its estimated GF Value™ of $180.93.
Key valuation signals for YMZBY:
ROC (Joel Greenblatt) %: 18.04% (89% above median its 10-year median of 9.54)
GF Value™: $180.93 vs. price of $180.00 (0.5% below fair value)
Industry Position: 50.5% above the Consumer Packaged Goods median (#701 of 1979)
No single metric tells the full story. See the YMZBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yamazaki Baking Co Ltd is a Japan-based company specializing in the production of baked goods, including bread, pastries, and cakes. The company operates through Food, Distribution, and Other segments. The Food segment produces bread, confectionery, and bakery products, selling to retailers and running bakery cafes in Japan and abroad. The Distribution segment manages convenience stores and food supermarkets. The Others segment handles logistics, food plant design and construction, non-life insurance agency services, and the production of cleaning agents for baking equipment. It generates the majority of its revenue from the Food business segment.
83GF Score
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