Giken Holdings Co (TSE:1443) ROC %: 2.92% (As of Mar. 2026)

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TSE:1443 Giken Holdings Co Ltd TSE:1443
66 GF Score
Price 円254.00
GF Value 円185.24
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Giken Holdings Co ROC %?

Giken Holdings Co TSE:1443 +0.79% 66 ROC % is 2.92% as of Mar. 2026. GuruFocus rates TSE:1443 with a GF Score™ of 66/100 and a GF Value™ of 円185.24 (Significantly 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 %. Giken Holdings Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.92%.

As of today (2026-07-16), Giken Holdings Co's WACC % is 2.86%. Giken Holdings Co's ROC % is 3.21% (calculated using TTM income statement data). Giken Holdings Co 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.


Giken Holdings Co  (TSE:1443) 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, Giken Holdings Co's WACC % is 2.86%. Giken Holdings Co's ROC % is 3.21% (calculated using TTM income statement data). Giken Holdings Co 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.


Giken Holdings Co ROC % Related Terms


Giken Holdings Co ROC % Historical Data

* Premium members only.

The historical data trend for Giken Holdings Co'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.

Giken Holdings Co ROC % Chart

Giken Holdings Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only 5.61 2.54 2.85 3.06 3.17

Giken Holdings Co Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.49 2.27 3.82 3.55 2.92
TSE:1443
66GF Score
Giken Holdings Co Ltd TSE:1443
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Giken Holdings Co ROC % Calculation

Giken Holdings Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=701.695 * ( 1 - 34.27% )/( (13079.22 + 15993.553)/ 2 )
=461.2241235/14536.3865
=3.17 %

where

Invested Capital(A: Mar. 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))
=16164.939 - 1263.491 - ( 1864.172 - max(0, 2260.66 - 4082.888+1864.172))
=13079.22

Invested Capital(A: Mar. 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))
=18276.139 - 1185.903 - ( 1694.23 - max(0, 2476.53 - 3573.213+1694.23))
=15993.553

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

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=677.406 * ( 1 - 35.19% )/( (14099.134 + 15993.553)/ 2 )
=439.0268286/15046.3435
=2.92 %

where

Invested Capital(Q: Sep. 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))
=16932.482 - 1085.407 - ( 1803.868 - max(0, 1941.094 - 3689.035+1803.868))
=14099.134

Invested Capital(Q: Mar. 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))
=18276.139 - 1185.903 - ( 1694.23 - max(0, 2476.53 - 3573.213+1694.23))
=15993.553

Note: The Operating Income data used here is two times the semi-annual (Mar. 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 2.92% mean?
Giken Holdings Co (TSE:1443) has a ROC % of 2.92% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Giken Holdings Co and its competitors.
Is Giken Holdings Co's ROC % too high?
Giken Holdings Co's current ROC % is 2.92%. The Construction industry median ROC % is 4.67. Giken Holdings Co's value of 2.92% is 37.5% below this industry median. Overall, Giken Holdings Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Giken Holdings Co's ROC % compare to PWR and FIX?
Giken Holdings Co's ROC % of 2.92% can be compared against companies in the Construction industry. The industry median ROC % is 4.67. Giken Holdings Co's value of 2.92% is 37.5% below 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 4.67, based on 1,757 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. Giken Holdings Co's current ROC % of 2.92% is 37.5% below 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 Giken Holdings Co and its competitors. For the Construction industry, the median ROC % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giken Holdings Co's current ROC % is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giken Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Giken Holdings Co (TSE:1443) is currently considered Significantly Overvalued. The stock's GF Value™ is 円185.24, compared to a current price of 円254.00 — trading 37.1% above its estimated fair value. The current ROC % is 2.92% and 37.5% below the Construction industry median of 4.67. Giken Holdings Co's overall GF Score™ is 66/100 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 Giken Holdings Co (TSE:1443), the current ROC % is 2.92% 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 Giken Holdings Co (TSE:1443) Overvalued in 2026?

Based on GuruFocus' analysis, Giken Holdings Co stock appears to be overvalued. The current stock price of 円254.00 is trading 37.1% above its estimated GF Value™ of 円185.24. GuruFocus considers Giken Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:1443:

  • ROC %: 2.92%
  • GF Value™: 円185.24 vs. price of 円254.00 (37.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 37.5% below the Construction median

No single metric tells the full story. See the TSE:1443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giken Holdings Co Business Description

Address 17 Higashimatsushitacho, 6th Floor, Head Office Building, Freesia, Kanda, Chiyoda-ku, Tokyo, JPN, 166-0004
Giken Holdings Co Ltd is engaged in the business management of subsidiaries and other industries involved in civil engineering related business, construction, and formwork lending-related business.
66GF Score

Get the complete analysis for TSE:1443

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

円254.00
Price
円185.24
GF Value