ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Cross Plus's annualized return on capital (ROC %) for the quarter that ended in Jan. 2026 was 4.38%.
As of today (2026-06-27), Cross Plus's WACC % is 3.22%. Cross Plus's ROC % is 5.74% (calculated using TTM income statement data).
Cross Plus generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Cross Plus (NGO:3320) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Cross Plus's WACC % is 3.22%. Cross Plus's ROC % is 5.74% (calculated using TTM income statement data).
Cross Plus generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Cross Plus ROC % Related Terms
Cross Plus ROC % Historical Data
* Premium members only.
The historical data trend for Cross Plus's ROC % 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.
Note:
The Operating Income data used here is two times the semi-annual (Jan. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Cross Plus (NGO:3320) has a ROC % of 4.38% as of Jan. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Cross Plus and its competitors.
Is Cross Plus' ROC % too high?
Cross Plus' current ROC % is 4.38%. The Manufacturing - Apparel & Accessories industry median ROC % is 2.91. Cross Plus' value of 4.38% is 50.8% above this industry median. Overall, Cross Plus has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Cross Plus' ROC % compare to RL and LEVI?
Cross Plus' ROC % of 4.38% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 2.91. Cross Plus' value of 4.38% is 50.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,048 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cross Plus's current ROC % of 4.38% is 50.8% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Cross Plus and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Plus's current ROC % is 4.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Plus stock overvalued right now?
Cross Plus (NGO:3320) has a current ROC % of 4.38%. The stock's GF Value™ is 円1,036.30, compared to a current price of 円1,170.00 — trading 12.9% above its estimated fair value. The current ROC % is 4.38% and 50.8% above the Manufacturing - Apparel & Accessories industry median of 2.91. Cross Plus' overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Cross Plus (NGO:3320), the current ROC % is 4.38% as of Jan. 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 Cross Plus (NGO:3320) Overvalued in 2026?
Based on GuruFocus' analysis, Cross Plus stock appears to be overvalued.
The current stock price of 円1,170.00 is trading 12.9% above its estimated GF Value™ of 円1,036.30.
Key valuation signals for NGO:3320:
ROC %: 4.38%
GF Value™: 円1,036.30 vs. price of 円1,170.00 (12.9% above fair value)
Industry Position: 50.8% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the NGO:3320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cross Plus Inc is an apparel manufacturing company based in Japan. It is engaged in the planning, manufacturing and selling of women's apparel, clothing accessories and operating SPA. The company primarily serves widespread business partners such as mass merchandising stores, speciality shop and department stores nationwide.
61GF Score
Get the complete analysis for NGO:3320
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGO:3320 has been successfully added to your 
