ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Konica Minolta's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.45%.
As of today (2026-06-26), Konica Minolta's WACC % is 3.62%. Konica Minolta's ROC % is 4.24% (calculated using TTM income statement data).
Konica Minolta 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.
Konica Minolta (TSE:4902) 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, Konica Minolta's WACC % is 3.62%. Konica Minolta's ROC % is 4.24% (calculated using TTM income statement data).
Konica Minolta 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.
Konica Minolta ROC % Related Terms
Konica Minolta ROC % Historical Data
* Premium members only.
The historical data trend for Konica Minolta'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.
Note:
The Operating Income data used here is four times the quarterly (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.
Konica Minolta (TSE:4902) has a ROC % of 6.45% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Konica Minolta and its competitors.
Is Konica Minolta's ROC % too high?
Konica Minolta's current ROC % is 6.45%. The Industrial Products industry median ROC % is 5.23. Konica Minolta's value of 6.45% is 23.4% above this industry median. Overall, Konica Minolta has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Konica Minolta's ROC % compare to competitors?
Konica Minolta's ROC % of 6.45% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. Konica Minolta's value of 6.45% is 23.4% 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 Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,040 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. Konica Minolta's current ROC % of 6.45% is 23.4% 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 Konica Minolta and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Konica Minolta's current ROC % is 6.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Konica Minolta stock overvalued right now?
Based on GuruFocus' analysis, Konica Minolta (TSE:4902) is currently considered Modestly Overvalued. The stock's GF Value™ is 円468.91, compared to a current price of 円564.70 — trading 20.4% above its estimated fair value. The current ROC % is 6.45% and 23.4% above the Industrial Products industry median of 5.23. Konica Minolta's overall GF Score™ is 56/100 with 4 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 Konica Minolta (TSE:4902), the current ROC % is 6.45% 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 Konica Minolta (TSE:4902) Overvalued in 2026?
Based on GuruFocus' analysis, Konica Minolta stock appears to be overvalued.
The current stock price of 円564.70 is trading 20.4% above its estimated GF Value™ of 円468.91.
GuruFocus considers Konica Minolta to be Modestly Overvalued.
Key valuation signals for TSE:4902:
ROC %: 6.45%
GF Value™: 円468.91 vs. price of 円564.70 (20.4% above fair value)
Industry Position: 23.4% above the Industrial Products median
No single metric tells the full story. See the TSE:4902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Konica Minolta Inc is a Japanese equipment and material manufacturer. The company operates through four segments. The Digital Workplace business covers the development, manufacture, and sale of multifunction printers, related consumables, and IT services and solutions. The Image Solutions business includes medical diagnostic imaging systems, network cameras, and video-related equipment, along with related services and solutions. The Industry business encompasses measuring instruments, functional films for displays, industrial inkjet heads, and professional lenses. The Professional Print business involves digital printing systems and consumables for commercial and industrial markets, as well as printing services and solutions. It generates the majority of revenue Digital workplace segment.
56GF Score
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