Miraini Holdings Co (TSE:546A) ROC %: 0.00% (As of . 20)

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TSE:546A Miraini Holdings Co Ltd TSE:546A
5 GF Score
Price 円2,323.00
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What is Miraini Holdings Co ROC %?

Miraini Holdings Co TSE:546A -1.27% 5 ROC % is 0.00% as of . 20. GuruFocus rates TSE:546A with a GF Score™ of 5/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Miraini Holdings Co's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-08-31), Miraini Holdings Co's WACC % is 0.00%. Miraini Holdings Co's ROC % is 0.00% (calculated using TTM income statement data). Miraini Holdings Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Miraini Holdings Co  (TSE:546A) 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, Miraini Holdings Co's WACC % is 0.00%. Miraini Holdings Co's ROC % is 0.00% (calculated using TTM income statement data). Miraini Holdings Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

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.

Miraini Holdings Co ROC % Related Terms

Miraini Holdings Co ROC % Historical Data

* Premium members only.

The historical data trend for Miraini 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.

Miraini Holdings Co ROC % Chart

Miraini Holdings Co Annual Data
Trend
ROC %

Miraini Holdings Co Quarterly Data
Jun26
ROC % 7.80
TSE:546A
5GF Score
Miraini Holdings Co Ltd TSE:546A
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Miraini Holdings Co ROC % Calculation

Miraini Holdings Co's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Miraini Holdings Co's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is four times the quarterly (. 20) 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 0.00% mean?
Miraini Holdings Co (TSE:546A) has a ROC % of 0.00% as of . 20. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Miraini Holdings Co and its competitors.
Is Miraini Holdings Co's ROC % too high?
Miraini Holdings Co's current ROC % is 0.00%. Overall, Miraini Holdings Co has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Miraini Holdings Co's ROC % compare to APH and GLW?
Miraini Holdings Co's ROC % of 0.00% can be compared against companies in the Hardware industry. The industry median ROC % is 4.37. 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 Hardware company?
The median ROC % among Hardware companies is 4.37, based on 2,442 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. 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 Miraini Holdings Co and its competitors. For the Hardware industry, the median ROC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miraini Holdings Co's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miraini Holdings Co stock overvalued right now?
Miraini Holdings Co (TSE:546A) has a current ROC % of 0.00%. The current ROC % is 0.00%. Miraini Holdings Co's overall GF Score™ is 5/100. 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 Miraini Holdings Co (TSE:546A), the current ROC % is 0.00% as of . 20. 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.

Miraini Holdings Co Business Description

Address 1-14-10 Shiba, Minato-ku, Tokyo, JPN, 105-0014
Miraini Holdings Co Ltd is engaged in the management of group companies involved in the sale of electronic components, electronic devices, and electronic equipment, and in the manufacture and sale of Factory Automation equipment.
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,323.00
Price