JESCO Holdings (TSE:1434) ROC %: 14.22% (As of Feb. 2026)


TSE:1434 JESCO Holdings Inc TSE:1434
74 GF Score
Price 円1,830.00
GF Value 円1,497.57
Valuation Modestly Overvalued
! 2 Warning Signs
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What is JESCO Holdings ROC %?

JESCO Holdings TSE:1434 -2.14% 74 ROC % is 14.22% as of Feb. 2026. GuruFocus rates TSE:1434 with a GF Score™ of 74/100 and a GF Value™ of 円1,497.57 (Modestly Overvalued). The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. JESCO Holdings's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 14.22%.

As of today (2026-06-28), JESCO Holdings's WACC % is 5.83%. JESCO Holdings's ROC % is 12.01% (calculated using TTM income statement data). JESCO Holdings 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.


JESCO Holdings  (TSE:1434) 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, JESCO Holdings's WACC % is 5.83%. JESCO Holdings's ROC % is 12.01% (calculated using TTM income statement data). JESCO Holdings 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.


JESCO Holdings ROC % Related Terms


JESCO Holdings ROC % Historical Data

* Premium members only.

The historical data trend for JESCO Holdings'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.

JESCO Holdings ROC % Chart

JESCO Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 5.65 2.69 5.65 9.06

JESCO Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROC % 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 0.85 10.26 5.49 10.46 14.22
TSE:1434
74GF Score
JESCO Holdings Inc TSE:1434
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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JESCO Holdings ROC % Calculation

JESCO Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Aug. 2025 is calculated as:

ROC % (A: Aug. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Aug. 2024 ) + Invested Capital (A: Aug. 2025 ))/ count )
=1721.776 * ( 1 - 37.79% )/( (11732.846 + 11906.121)/ 2 )
=1071.1168496/11819.4835
=9.06 %

where

Invested Capital(A: Aug. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17734.538 - 3309.175 - ( 2692.517 - max(0, 6346.864 - 12998.934+2692.517))
=11732.846

Invested Capital(A: Aug. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17647.633 - 2682.493 - ( 3059.019 - max(0, 5479.494 - 14205.868+3059.019))
=11906.121

JESCO Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=2630.194 * ( 1 - 37.71% )/( (11906.121 + 11140.717)/ 2 )
=1638.3478426/11523.419
=14.22 %

where

Invested Capital(Q: Aug. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17647.633 - 2682.493 - ( 3059.019 - max(0, 5479.494 - 14205.868+3059.019))
=11906.121

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17471.597 - 2469.017 - ( 3861.863 - max(0, 5323.744 - 13970.543+3861.863))
=11140.717

Note: The Operating Income data used here is two times the semi-annual (Feb. 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 14.22% mean?
JESCO Holdings (TSE:1434) has a ROC % of 14.22% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on JESCO Holdings and its competitors.
Is JESCO Holdings' ROC % too high?
JESCO Holdings' current ROC % is 14.22%. The Construction industry median ROC % is 4.66. JESCO Holdings' value of 14.22% is 205.2% above this industry median. Overall, JESCO Holdings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JESCO Holdings' ROC % compare to PWR and FIX?
JESCO Holdings' ROC % of 14.22% can be compared against companies in the Construction industry. The industry median ROC % is 4.66. JESCO Holdings' value of 14.22% is 205.2% 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 Construction company?
The median ROC % among Construction companies is 4.66, based on 1,750 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. JESCO Holdings's current ROC % of 14.22% is 205.2% 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 JESCO Holdings and its competitors. For the Construction industry, the median ROC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JESCO Holdings's current ROC % is 14.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JESCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, JESCO Holdings (TSE:1434) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,497.57, compared to a current price of 円1,830.00 — trading 22.2% above its estimated fair value. The current ROC % is 14.22% and 205.2% above the Construction industry median of 4.66. JESCO Holdings' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For JESCO Holdings (TSE:1434), the current ROC % is 14.22% 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 JESCO Holdings (TSE:1434) Overvalued in 2026?

Based on GuruFocus' analysis, JESCO Holdings stock appears to be overvalued. The current stock price of 円1,830.00 is trading 22.2% above its estimated GF Value™ of 円1,497.57. GuruFocus considers JESCO Holdings to be Modestly Overvalued.

Key valuation signals for TSE:1434:

  • ROC %: 14.22%
  • GF Value™: 円1,497.57 vs. price of 円1,830.00 (22.2% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 205.2% above the Construction median

No single metric tells the full story. See the TSE:1434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JESCO Holdings Business Description

Address 21-1 Kita Shinjuku 2-chome Shinjuku-ku, Shinjuku Front Tower, 23rd Floor, Tokyo, JPN, 169-0074
JESCO Holdings Inc is an engineering technology company that handles the design, construction, maintenance, and maintenance related to the facilities of electricity and communication. It is engaged in engineering, procurement, and construction (EPC), Association of Southeast Asian Nations (ASEAN) EPC, and general media business. The ASEAN EPC project focuses on power plants, airports, factories, commercial facilities, and road accompaniment facilities. It also has integrated media business in which it sells large image equipment.
74GF Score

Get the complete analysis for TSE:1434

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

円1,830.00
Price
円1,497.57
GF Value