Marumae Co (TSE:6264) ROC %: 11.12% (As of Feb. 2026)


TSE:6264 Marumae Co Ltd TSE:6264
84 GF Score
Price 円2,731.00
GF Value 円2,244.14
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Marumae Co ROC %?

Marumae Co TSE:6264 -5.60% 84 ROC % is 11.12% as of Feb. 2026. GuruFocus rates TSE:6264 with a GF Score™ of 84/100 and a GF Value™ of 円2,244.14 (Modestly Overvalued). The stock has 9 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 %. Marumae Co's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 11.12%.

As of today (2026-06-27), Marumae Co's WACC % is 11.34%. Marumae Co's ROC % is 11.84% (calculated using TTM income statement data). Marumae 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.


Marumae Co  (TSE:6264) 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, Marumae Co's WACC % is 11.34%. Marumae Co's ROC % is 11.84% (calculated using TTM income statement data). Marumae 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.


Marumae Co ROC % Related Terms


Marumae Co ROC % Historical Data

* Premium members only.

The historical data trend for Marumae 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.

Marumae Co ROC % Chart

Marumae Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 23.81 7.51 0.90 10.87

Marumae 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 -1.54 4.12 15.94 11.47 11.12
TSE:6264
84GF Score
Marumae Co Ltd TSE:6264
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marumae Co ROC % Calculation

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

ROC % (A: Aug. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Aug. 2024 ) + Invested Capital (A: Aug. 2025 ))/ count )
=2103.905 * ( 1 - 29.95% )/( (7972.416 + 19140.089)/ 2 )
=1473.7854525/13556.2525
=10.87 %

where

Invested Capital(A: Aug. 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))
=11464.215 - 463.603 - ( 3028.196 - max(0, 1348.071 - 5572.325+3028.196))
=7972.416

Invested Capital(A: 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))
=25423.446 - 2030.494 - ( 4252.863 - max(0, 4623.21 - 10477.608+4252.863))
=19140.089

Marumae 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 )
=3138 * ( 1 - 32.58% )/( (19140.089 + 18923)/ 2 )
=2115.6396/19031.5445
=11.12 %

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))
=25423.446 - 2030.494 - ( 4252.863 - max(0, 4623.21 - 10477.608+4252.863))
=19140.089

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 11.12% mean?
Marumae Co (TSE:6264) has a ROC % of 11.12% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marumae Co and its competitors.
Is Marumae Co's ROC % too high?
Marumae Co's current ROC % is 11.12%. The Industrial Products industry median ROC % is 5.23. Marumae Co's value of 11.12% is 112.8% above this industry median. Overall, Marumae Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marumae Co's ROC % compare to GEV and ETN?
Marumae Co's ROC % of 11.12% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. Marumae Co's value of 11.12% is 112.8% 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 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. Marumae Co's current ROC % of 11.12% is 112.8% 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 Marumae Co 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. Marumae Co's current ROC % is 11.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marumae Co stock overvalued right now?
Based on GuruFocus' analysis, Marumae Co (TSE:6264) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,244.14, compared to a current price of 円2,731.00 — trading 21.7% above its estimated fair value. The current ROC % is 11.12% and 112.8% above the Industrial Products industry median of 5.23. Marumae Co's overall GF Score™ is 84/100 with 9 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 Marumae Co (TSE:6264), the current ROC % is 11.12% 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 Marumae Co (TSE:6264) Overvalued in 2026?

Based on GuruFocus' analysis, Marumae Co stock appears to be overvalued. The current stock price of 円2,731.00 is trading 21.7% above its estimated GF Value™ of 円2,244.14. GuruFocus considers Marumae Co to be Modestly Overvalued.

Key valuation signals for TSE:6264:

  • ROC %: 11.12%
  • GF Value™: 円2,244.14 vs. price of 円2,731.00 (21.7% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 112.8% above the Industrial Products median

No single metric tells the full story. See the TSE:6264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marumae Co Business Description

Address 2141 Onoharacho, Izumi City, Kagoshima, JPN, 899-0216
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.
84GF Score

Get the complete analysis for TSE:6264

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

円2,731.00
Price
円2,244.14
GF Value