Ishizuka Glass Co (TSE:5204) ROC %: 2.07% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5204 Ishizuka Glass Co Ltd TSE:5204
58 GF Score
Price 円3,095.00
GF Value 円2,861.06
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Ishizuka Glass Co ROC %?

Ishizuka Glass Co TSE:5204 +1.48% 58 ROC % is 2.07% as of Mar. 2026. GuruFocus rates TSE:5204 with a GF Score™ of 58/100 and a GF Value™ of 円2,861.06 (Fairly Valued). The stock has 4 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 %. Ishizuka Glass Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.07%.

As of today (2026-07-16), Ishizuka Glass Co's WACC % is 1.70%. Ishizuka Glass Co's ROC % is 3.65% (calculated using TTM income statement data). Ishizuka Glass 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.


Ishizuka Glass Co  (TSE:5204) 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, Ishizuka Glass Co's WACC % is 1.70%. Ishizuka Glass Co's ROC % is 3.65% (calculated using TTM income statement data). Ishizuka Glass 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.


Ishizuka Glass Co ROC % Related Terms


Ishizuka Glass Co ROC % Historical Data

* Premium members only.

The historical data trend for Ishizuka Glass 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.

Ishizuka Glass Co ROC % Chart

Ishizuka Glass Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 1.07 6.50 4.27 3.70

Ishizuka Glass Co Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only 5.63 4.74 3.37 5.22 2.07
TSE:5204
58GF Score
Ishizuka Glass Co Ltd TSE:5204
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishizuka Glass Co ROC % Calculation

Ishizuka Glass 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 )
=4160 * ( 1 - 28.54% )/( (79031 + 81793)/ 2 )
=2972.736/80412
=3.70 %

where

Ishizuka Glass 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 )
=2500 * ( 1 - 31.66% )/( (83570 + 81793)/ 2 )
=1708.5/82681.5
=2.07 %

where

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 2.07% mean?
Ishizuka Glass Co (TSE:5204) has a ROC % of 2.07% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ishizuka Glass Co and its competitors.
Is Ishizuka Glass Co's ROC % too high?
Ishizuka Glass Co's current ROC % is 2.07%. The Packaging & Containers industry median ROC % is 4.22. Ishizuka Glass Co's value of 2.07% is 50.9% below this industry median. Overall, Ishizuka Glass Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ishizuka Glass Co's ROC % compare to SW and PKG?
Ishizuka Glass Co's ROC % of 2.07% can be compared against companies in the Packaging & Containers industry. The industry median ROC % is 4.22. Ishizuka Glass Co's value of 2.07% is 50.9% 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 Packaging & Containers company?
The median ROC % among Packaging & Containers companies is 4.22, based on 396 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. Ishizuka Glass Co's current ROC % of 2.07% is 50.9% 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 Ishizuka Glass Co and its competitors. For the Packaging & Containers industry, the median ROC % is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishizuka Glass Co's current ROC % is 2.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishizuka Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Ishizuka Glass Co (TSE:5204) is currently considered Fairly Valued. The stock's GF Value™ is 円2,861.06, compared to a current price of 円3,095.00 — trading 8.2% above its estimated fair value. The current ROC % is 2.07% and 50.9% below the Packaging & Containers industry median of 4.22. Ishizuka Glass Co's overall GF Score™ is 58/100 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 Ishizuka Glass Co (TSE:5204), the current ROC % is 2.07% 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 Ishizuka Glass Co (TSE:5204) Overvalued in 2026?

Based on GuruFocus' analysis, Ishizuka Glass Co stock appears to be overvalued. The current stock price of 円3,095.00 is trading 8.2% above its estimated GF Value™ of 円2,861.06. GuruFocus considers Ishizuka Glass Co to be Fairly Valued.

Key valuation signals for TSE:5204:

  • ROC %: 2.07%
  • GF Value™: 円2,861.06 vs. price of 円3,095.00 (8.2% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 50.9% below the Packaging & Containers median

No single metric tells the full story. See the TSE:5204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ishizuka Glass Co Business Description

Address 1880, Kawai-cho, Iwakura-shi, Aichi, JPN, 482-8510
Ishizuka Glass Co Ltd is engaged in the production and distribution of glass bottles, glass tableware, paper package products, plastic containers, ceramic products in Japan. It offers preforms for PET bottles; mechanical recycled resins for PET bottles; chinaware and other ceramic products; metal caps; and paper packaging products for beverages.
58GF Score

Get the complete analysis for TSE:5204

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

円3,095.00
Price
円2,861.06
GF Value