Tokyo Kikai Seisakusho (TSE:6335) ROC %: 27.85% (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:6335 Tokyo Kikai Seisakusho Ltd TSE:6335
60 GF Score
Price 円752.00
GF Value 円442.07
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tokyo Kikai Seisakusho ROC %?

Tokyo Kikai Seisakusho TSE:6335 +3.16% 60 ROC % is 27.85% as of Mar. 2026. GuruFocus rates TSE:6335 with a GF Score™ of 60/100 and a GF Value™ of 円442.07 (Significantly Overvalued). The stock has 6 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 %. Tokyo Kikai Seisakusho's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 27.85%.

As of today (2026-07-15), Tokyo Kikai Seisakusho's WACC % is 4.93%. Tokyo Kikai Seisakusho's ROC % is 10.74% (calculated using TTM income statement data). Tokyo Kikai Seisakusho 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.


Tokyo Kikai Seisakusho  (TSE:6335) 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, Tokyo Kikai Seisakusho's WACC % is 4.93%. Tokyo Kikai Seisakusho's ROC % is 10.74% (calculated using TTM income statement data). Tokyo Kikai Seisakusho 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.


Tokyo Kikai Seisakusho ROC % Related Terms


Tokyo Kikai Seisakusho ROC % Historical Data

* Premium members only.

The historical data trend for Tokyo Kikai Seisakusho'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.

Tokyo Kikai Seisakusho ROC % Chart

Tokyo Kikai Seisakusho 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 -5.81 6.29 0.00 7.01 10.70

Tokyo Kikai Seisakusho 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 7.17 3.14 10.41 -7.03 27.85
TSE:6335
60GF Score
Tokyo Kikai Seisakusho Ltd TSE:6335
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Kikai Seisakusho ROC % Calculation

Tokyo Kikai Seisakusho'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 )
=721.562 * ( 1 - 2.34% )/( (6129.161 + 7037.299)/ 2 )
=704.6774492/6583.23
=10.70 %

where

Invested Capital(A: Mar. 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))
=14511.045 - 826.943 - ( 7554.941 - max(0, 2744.885 - 11410.023+7554.941))
=6129.161

Invested Capital(A: Mar. 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))
=16019.874 - 706.073 - ( 8276.502 - max(0, 3286.091 - 12523.198+8276.502))
=7037.299

Tokyo Kikai Seisakusho'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 )
=1887.394 * ( 1 - 0% )/( (6518.568 + 7037.299)/ 2 )
=1887.394/6777.9335
=27.85 %

where

Invested Capital(Q: Sep. 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))
=15541.866 - 611.617 - ( 8859.728 - max(0, 4079.684 - 12491.365+8859.728))
=6518.568

Invested Capital(Q: Mar. 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))
=16019.874 - 706.073 - ( 8276.502 - max(0, 3286.091 - 12523.198+8276.502))
=7037.299

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 27.85% mean?
Tokyo Kikai Seisakusho (TSE:6335) has a ROC % of 27.85% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tokyo Kikai Seisakusho and its competitors.
Is Tokyo Kikai Seisakusho's ROC % too high?
Tokyo Kikai Seisakusho's current ROC % is 27.85%. The Industrial Products industry median ROC % is 5.19. Tokyo Kikai Seisakusho's value of 27.85% is 436.6% above this industry median. Overall, Tokyo Kikai Seisakusho has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Kikai Seisakusho's ROC % compare to GEV and ETN?
Tokyo Kikai Seisakusho's ROC % of 27.85% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.19. Tokyo Kikai Seisakusho's value of 27.85% is 436.6% 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 Industrial Products company?
The median ROC % among Industrial Products companies is 5.19, based on 3,031 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. Tokyo Kikai Seisakusho's current ROC % of 27.85% is 436.6% 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 Tokyo Kikai Seisakusho and its competitors. For the Industrial Products industry, the median ROC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Kikai Seisakusho's current ROC % is 27.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Kikai Seisakusho stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Kikai Seisakusho (TSE:6335) is currently considered Significantly Overvalued. The stock's GF Value™ is 円442.07, compared to a current price of 円752.00 — trading 70.1% above its estimated fair value. The current ROC % is 27.85% and 436.6% above the Industrial Products industry median of 5.19. Tokyo Kikai Seisakusho's overall GF Score™ is 60/100 with 6 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 Tokyo Kikai Seisakusho (TSE:6335), the current ROC % is 27.85% 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 Tokyo Kikai Seisakusho (TSE:6335) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Kikai Seisakusho stock appears to be overvalued. The current stock price of 円752.00 is trading 70.1% above its estimated GF Value™ of 円442.07. GuruFocus considers Tokyo Kikai Seisakusho to be Significantly Overvalued.

Key valuation signals for TSE:6335:

  • ROC %: 27.85%
  • GF Value™: 円442.07 vs. price of 円752.00 (70.1% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 436.6% above the Industrial Products median

No single metric tells the full story. See the TSE:6335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Kikai Seisakusho Business Description

Address 3-11-36 Mita, 6th floor, Mita Nitto Daibiru, Minato-ku, Tokyo, JPN, 108-8375
Tokyo Kikai Seisakusho Ltd is a Japan-based company operating in the printing manufacturing industry. It is principally engaged in manufacturing and sale of printing and press equipment. The products offered by the company are newspaper printing machine, color top web offset press, commercial web offset press, digital printing press, jetleader, automation and manpower saving systems, related peripheral equipment, other machinery and equipment, and business-related power generation and storage.
60GF Score

Get the complete analysis for TSE:6335

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

円752.00
Price
円442.07
GF Value