Ichishin Holdings Co (TSE:4645) ROC %: 8.58% (As of Feb. 2026)


TSE:4645 Ichishin Holdings Co Ltd TSE:4645
64 GF Score
Price 円430.00
GF Value 円632.49
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ichishin Holdings Co ROC %?

Ichishin Holdings Co TSE:4645 64 ROC % is 8.58% as of Feb. 2026. GuruFocus rates TSE:4645 with a GF Score™ of 64/100 and a GF Value™ of 円632.49 (Significantly Undervalued). 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 %. Ichishin Holdings Co's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 8.58%.

As of today (2026-06-27), Ichishin Holdings Co's WACC % is 2.13%. Ichishin Holdings Co's ROC % is 6.44% (calculated using TTM income statement data). Ichishin 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.


Ichishin Holdings Co  (TSE:4645) 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, Ichishin Holdings Co's WACC % is 2.13%. Ichishin Holdings Co's ROC % is 6.44% (calculated using TTM income statement data). Ichishin 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.


Ichishin Holdings Co ROC % Related Terms


Ichishin Holdings Co ROC % Historical Data

* Premium members only.

The historical data trend for Ichishin 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.

Ichishin Holdings Co ROC % Chart

Ichishin Holdings Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 6.57 6.79 6.13 6.44

Ichishin Holdings Co 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 6.31 7.14 4.73 8.00 8.58
TSE:4645
64GF Score
Ichishin Holdings Co Ltd TSE:4645
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichishin Holdings Co ROC % Calculation

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

ROC % (A: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Feb. 2025 ) + Invested Capital (A: Feb. 2026 ))/ count )
=899.162 * ( 1 - 32.67% )/( (9804.634 + 8991.144)/ 2 )
=605.4057746/9397.889
=6.44 %

where

Invested Capital(A: Feb. 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))
=13647.568 - 1595.055 - ( 4387.763 - max(0, 4175.684 - 6423.563+4387.763))
=9804.634

Invested Capital(A: 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))
=13402.839 - 1887.874 - ( 5142.682 - max(0, 4484.44 - 7008.261+5142.682))
=8991.144

Ichishin Holdings Co'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 )
=789.91 * ( 1 - 0% )/( (9420.312 + 8991.144)/ 2 )
=789.91/9205.728
=8.58 %

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))
=13756.299 - 1598.528 - ( 4719.005 - max(0, 4242.492 - 6979.951+4719.005))
=9420.312

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))
=13402.839 - 1887.874 - ( 5142.682 - max(0, 4484.44 - 7008.261+5142.682))
=8991.144

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 8.58% mean?
Ichishin Holdings Co (TSE:4645) has a ROC % of 8.58% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ichishin Holdings Co and its competitors.
Is Ichishin Holdings Co's ROC % too high?
Ichishin Holdings Co's current ROC % is 8.58%. The Education industry median ROC % is 5.00. Ichishin Holdings Co's value of 8.58% is 71.6% above this industry median. Overall, Ichishin Holdings Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichishin Holdings Co's ROC % compare to EDU and TAL?
Ichishin Holdings Co's ROC % of 8.58% can be compared against companies in the Education industry. The industry median ROC % is 5.00. Ichishin Holdings Co's value of 8.58% is 71.6% 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 an Education company?
The median ROC % among Education companies is 5.00, based on 261 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. Ichishin Holdings Co's current ROC % of 8.58% is 71.6% 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 Ichishin Holdings Co and its competitors. For the Education industry, the median ROC % is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichishin Holdings Co's current ROC % is 8.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichishin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ichishin Holdings Co (TSE:4645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円632.49, compared to a current price of 円430.00 — trading 32% below its estimated fair value. The current ROC % is 8.58% and 71.6% above the Education industry median of 5.00. Ichishin Holdings Co's overall GF Score™ is 64/100 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 Ichishin Holdings Co (TSE:4645), the current ROC % is 8.58% 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 Ichishin Holdings Co (TSE:4645) Overvalued in 2026?

Based on GuruFocus' analysis, Ichishin Holdings Co stock appears to be undervalued. The current stock price of 円430.00 is trading 32% below its estimated GF Value™ of 円632.49. GuruFocus considers Ichishin Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:4645:

  • ROC %: 8.58%
  • GF Value™: 円632.49 vs. price of 円430.00 (32% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 71.6% above the Education median

No single metric tells the full story. See the TSE:4645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichishin Holdings Co Business Description

Address 2-3-11 Yawata, Chiba, Ichikawa, JPN
Ichishin Holdings Co Ltd is engaged in the education business. It provides curriculum, instruction, and examination materials for elementary and secondary schools. It is also involved in the provision of group tutorial, individual tutorial, and video tutorial services.
64GF Score

Get the complete analysis for TSE:4645

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

円430.00
Price
円632.49
GF Value