Fit Easy (TSE:212A) ROC %: 39.79% (As of Apr. 2026)

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TSE:212A Fit Easy Inc TSE:212A
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What is Fit Easy ROC %?

Fit Easy TSE:212A -2.58% 20 ROC % is 39.79% as of Apr. 2026. GuruFocus rates TSE:212A with a GF Score™ of 20/100. The stock has 1 warning sign 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 %. Fit Easy's annualized return on capital (ROC %) for the quarter that ended in Apr. 2026 was 39.79%.

As of today (2026-07-21), Fit Easy's WACC % is 8.59%. Fit Easy's ROC % is 39.62% (calculated using TTM income statement data). Fit Easy 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.


Fit Easy  (TSE:212A) 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, Fit Easy's WACC % is 8.59%. Fit Easy's ROC % is 39.62% (calculated using TTM income statement data). Fit Easy 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.


Fit Easy ROC % Related Terms


Fit Easy ROC % Historical Data

* Premium members only.

The historical data trend for Fit Easy'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.

Fit Easy ROC % Chart

Fit Easy Annual Data
Trend Oct22 Oct23 Oct24 Oct25
ROC %
14.93 29.20 38.59 39.35

Fit Easy Semi-Annual Data
Oct22 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROC % Get a 7-Day Free Trial 41.55 34.43 45.52 39.43 39.79
TSE:212A
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Fit Easy Inc TSE:212A
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Fit Easy ROC % Calculation

Fit Easy's annualized Return on Capital (ROC %) for the fiscal year that ended in Oct. 2025 is calculated as:

ROC % (A: Oct. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Oct. 2024 ) + Invested Capital (A: Oct. 2025 ))/ count )
=2311.797 * ( 1 - 34.05% )/( (2972.022 + 4776.634)/ 2 )
=1524.6301215/3874.328
=39.35 %

where

Invested Capital(A: Oct. 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))
=5866.878 - 887.418 - ( 2669.995 - max(0, 1764.288 - 3771.726+2669.995))
=2972.022

Invested Capital(A: Oct. 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))
=10063.618 - 2137.982 - ( 3274.133 - max(0, 2872.499 - 6021.501+3274.133))
=4776.634

Fit Easy's annualized Return on Capital (ROC %) for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=3214.79 * ( 1 - 31.97% )/( (4776.634 + 6215.634)/ 2 )
=2187.021637/5496.134
=39.79 %

where

Invested Capital(Q: Oct. 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))
=10063.618 - 2137.982 - ( 3274.133 - max(0, 2872.499 - 6021.501+3274.133))
=4776.634

Invested Capital(Q: Apr. 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))
=10768.499 - 1498.269 - ( 3054.596 - max(0, 2644.943 - 6070.049+3054.596))
=6215.634

Note: The Operating Income data used here is two times the semi-annual (Apr. 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 39.79% mean?
Fit Easy (TSE:212A) has a ROC % of 39.79% as of Apr. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Fit Easy and its competitors.
Is Fit Easy's ROC % too high?
Fit Easy's current ROC % is 39.79%. The Travel & Leisure industry median ROC % is 3.74. Fit Easy's value of 39.79% is 963.9% above this industry median. Overall, Fit Easy has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Fit Easy's ROC % compare to AS and HAS?
Fit Easy's ROC % of 39.79% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.74. Fit Easy's value of 39.79% is 963.9% 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 Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.74, based on 833 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. Fit Easy's current ROC % of 39.79% is 963.9% 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 Fit Easy and its competitors. For the Travel & Leisure industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fit Easy's current ROC % is 39.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fit Easy stock overvalued right now?
Fit Easy (TSE:212A) has a current ROC % of 39.79%. The current ROC % is 39.79% and 963.9% above the Travel & Leisure industry median of 3.74. Fit Easy's overall GF Score™ is 20/100 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 Fit Easy (TSE:212A), the current ROC % is 39.79% as of Apr. 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.

Fit Easy Business Description

Address 3-2-1 Honmachi, Gifu Prefecture, Gifu, JPN, 500-8034
Fit Easy Inc is engaged in the Management and operation of Amusement Fitness Club.
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