Balleggs Co (TSE:239A) ROC %: 18.15% (As of Mar. 2026)


TSE:239A Balleggs Co Ltd TSE:239A
16 GF Score
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What is Balleggs Co ROC %?

Balleggs Co TSE:239A 16 ROC % is 18.15% as of Mar. 2026. GuruFocus rates TSE:239A with a GF Score™ of 16/100. The stock has 3 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 %. Balleggs Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 18.15%.

As of today (2026-06-27), Balleggs Co's WACC % is 3.07%. Balleggs Co's ROC % is 9.62% (calculated using TTM income statement data). Balleggs 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.


Balleggs Co  (TSE:239A) 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, Balleggs Co's WACC % is 3.07%. Balleggs Co's ROC % is 9.62% (calculated using TTM income statement data). Balleggs 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.


Balleggs Co ROC % Related Terms


Balleggs Co ROC % Historical Data

* Premium members only.

The historical data trend for Balleggs 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.

Balleggs Co ROC % Chart

Balleggs Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
ROC %
2.52 4.79 8.60 9.84

Balleggs Co Semi-Annual Data
Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC % Get a 7-Day Free Trial 5.87 8.58 18.76 1.00 18.15
TSE:239A
16GF Score
Balleggs Co Ltd TSE:239A
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balleggs Co ROC % Calculation

Balleggs Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2025 is calculated as:

ROC % (A: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2024 ) + Invested Capital (A: Sep. 2025 ))/ count )
=297.442 * ( 1 - 35.2% )/( (1987.112 + 1930.039)/ 2 )
=192.742416/1958.5755
=9.84 %

where

Invested Capital(A: Sep. 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))
=3681.364 - 180.925 - ( 1717.577 - max(0, 1351.783 - 2865.11+1717.577))
=1987.112

Invested Capital(A: 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))
=3832.632 - 226.207 - ( 1705.25 - max(0, 1371.278 - 3047.664+1705.25))
=1930.039

Balleggs 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 )
=511.006 * ( 1 - 34.14% )/( (1930.039 + 1778.64)/ 2 )
=336.5485516/1854.3395
=18.15 %

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))
=3832.632 - 226.207 - ( 1705.25 - max(0, 1371.278 - 3047.664+1705.25))
=1930.039

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))
=3650.706 - 210.63 - ( 1661.436 - max(0, 1157.183 - 2861.888+1661.436))
=1778.64

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 18.15% mean?
Balleggs Co (TSE:239A) has a ROC % of 18.15% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Balleggs Co and its competitors.
Is Balleggs Co's ROC % too high?
Balleggs Co's current ROC % is 18.15%. The Real Estate industry median ROC % is 2.19. Balleggs Co's value of 18.15% is 728.8% above this industry median. Overall, Balleggs Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Balleggs Co's ROC % compare to ?
Balleggs Co's ROC % of 18.15% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.19. Balleggs Co's value of 18.15% is 728.8% 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 Real Estate company?
The median ROC % among Real Estate companies is 2.19, 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. Balleggs Co's current ROC % of 18.15% is 728.8% 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 Balleggs Co and its competitors. For the Real Estate industry, the median ROC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balleggs Co's current ROC % is 18.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balleggs Co stock overvalued right now?
Balleggs Co (TSE:239A) has a current ROC % of 18.15%. The current ROC % is 18.15% and 728.8% above the Real Estate industry median of 2.19. Balleggs Co's overall GF Score™ is 16/100 with 3 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 Balleggs Co (TSE:239A), the current ROC % is 18.15% 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.

Balleggs Co Business Description

Comparable Companies
Address 2-5-21 Takaban, Meguro-ku, Tokyo, JPN, 152-0004
Balleggs Co Ltd is engaged in the real estate leasing brokerage business, property management business, real estate purchase and sales brokerage business, renovating construction and New housing construction orders and others.
16GF Score

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

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