ZSHOF (Zensho Holdings Co) ROC (Joel Greenblatt) %: 18.90% (As of Mar. 2026) — 36% Above Median


ZSHOF Zensho Holdings Co Ltd ZSHOF
76 GF Score
Price $56.08
GF Value $69.98
! 1 Warning Sign
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What is Zensho Holdings Co ROC (Joel Greenblatt) %?

Zensho Holdings Co ZSHOF 76 ROC (Joel Greenblatt) % is 18.90% as of Mar. 2026, which is 36% above its 10-year median of 13.94. GuruFocus rates ZSHOF with a GF Score™ of 76/100 and a GF Value™ of $69.98. The stock has 1 warning sign investors should review. Among 362 Restaurants companies, Zensho Holdings Co ranks better than 73.76% 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. Zensho Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.90%.

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

ZSHOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.75   Med: 13.94   Max: 26.15
Current: 23.35

During the past 13 years, Zensho Holdings Co's highest ROC (Joel Greenblatt) % was 26.15%. The lowest was 4.75%. And the median was 13.94%.

ZSHOF's ROC (Joel Greenblatt) % is ranked better than
73.76% of 362 companies
in the Restaurants industry
Industry Median: 8.56 vs ZSHOF: 23.35

Zensho Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 32.20% per year.


Zensho Holdings Co  (OTCPK:ZSHOF) 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.


Zensho Holdings Co ROC (Joel Greenblatt) % Related Terms


Zensho Holdings Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zensho Holdings 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.

Zensho Holdings Co ROC (Joel Greenblatt) % Chart

Zensho Holdings 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 15.47 12.86 22.63 26.21 21.80

Zensho Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.93 18.49 31.92 24.80 18.90

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

For the Restaurants subindustry, Zensho Holdings 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.


Zensho Holdings Co ROC (Joel Greenblatt) % vs Restaurants Industry

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

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


ZSHOF
76GF Score
Zensho Holdings Co Ltd ZSHOF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zensho Holdings 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(362.871 + 581.458 + 220.517) - (409.794 + 0 + 655.511)
=99.541

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(369.769 + 548.951 + 193.821) - (432.341 + 0 + 494.622)
=185.578

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zensho Holdings 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=424.292/( ( (2047.487 + max(99.541, 0)) + (2156.089 + max(185.578, 0)) )/ 2 )
=424.292/( ( 2147.028 + 2341.667 )/ 2 )
=424.292/2244.3475
=18.90 %

Note: The EBIT data used here is four times the quarterly (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 18.90% mean?
Zensho Holdings Co (ZSHOF) has a ROC (Joel Greenblatt) % of 18.90% 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 Zensho Holdings Co and its competitors. This is 36% above median its historical median of 13.94. Over the past decade, Zensho Holdings Co's ROC (Joel Greenblatt) % has ranged from 4.75 to 26.15. According to the industry distribution chart, Zensho Holdings Co ranks #95 out of 362 companies in the Restaurants industry, placing it in the top 26.2%.
Is Zensho Holdings Co's ROC (Joel Greenblatt) % too high?
Zensho Holdings Co's current ROC (Joel Greenblatt) % of 18.90% is 36% above median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 26.15. The Restaurants industry median ROC (Joel Greenblatt) % is 8.56. Zensho Holdings Co's value of 18.90% is 120.8% above this industry median. Based on the distribution chart, Zensho Holdings Co ranks #95 out of 362 companies in the Restaurants industry, which is above the industry midpoint. Overall, Zensho Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Zensho Holdings Co's ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Zensho Holdings Co ranks #95 out of 362 companies for ROC (Joel Greenblatt) %. This puts Zensho Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.56. Zensho Holdings Co's value of 18.90% is 120.8% above this benchmark. Historically, Zensho Holdings Co's own ROC (Joel Greenblatt) % has ranged from 4.75 to 26.15 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 8.56, Zensho Holdings 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 8.56, based on 362 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. Zensho Holdings Co's current ROC (Joel Greenblatt) % of 18.90% is 120.8% 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 Zensho Holdings Co and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zensho Holdings Co's current ROC (Joel Greenblatt) % is 18.90%, which is 36% above median its own 10-year median of 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zensho Holdings Co stock overvalued right now?
Zensho Holdings Co (ZSHOF) has a current ROC (Joel Greenblatt) % of 18.90%. The stock's GF Value™ is $69.98, compared to a current price of $56.08 — trading 19.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.90%, which is 36% above median its 10-year median of 13.94 and 120.8% above the Restaurants industry median of 8.56. Zensho Holdings Co's overall GF Score™ is 76/100 with 1 warning sign 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 Zensho Holdings Co (ZSHOF), the current ROC (Joel Greenblatt) % is 18.90% 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 Zensho Holdings Co (ZSHOF) Overvalued in 2026?

Based on GuruFocus' analysis, Zensho Holdings Co stock appears to be undervalued. The current stock price of $56.08 is trading 19.9% below its estimated GF Value™ of $69.98.

Key valuation signals for ZSHOF:

  • ROC (Joel Greenblatt) %: 18.90% (36% above median its 10-year median of 13.94)
  • GF Value™: $69.98 vs. price of $56.08 (19.9% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 120.8% above the Restaurants median (#95 of 362)

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


Zensho Holdings Co Business Description

Other Exchanges 7550:Japan
Address 2-18-1 Konan, JR Shinagawa East Building, 5th Floor, Minato-ku, Tokyo, JPN, 108-0075
Zensho Holdings Co Ltd is a Japan-based company engaged management of food service chain restaurants and the development of sales systems and food processing systems. It operates a wide range of food-related businesses through segments including Global Sukiya, Global Hama Sushi, Global Fast Food, Restaurant, and Retail. The group manages the domestic and international expansion of the beef bowl chain Sukiya and the sushi chain Hamazushi, develops various fast-food businesses, operates restaurants in Japan and overseas, and manages supermarkets and related retail operations.
76GF Score

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

$56.08
Price
$69.98
GF Value