Inclusive Holdings (TSE:7078) ROC %: -5.14% (As of Mar. 2026)

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TSE:7078 Inclusive Holdings Inc TSE:7078
59 GF Score
Price 円365.00
GF Value 円474.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Inclusive Holdings ROC %?

Inclusive Holdings TSE:7078 +0.55% 59 ROC % is -5.14% as of Mar. 2026. GuruFocus rates TSE:7078 with a GF Score™ of 59/100 and a GF Value™ of 円474.26 (Modestly Undervalued). The stock has 3 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 %. Inclusive Holdings's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -5.14%.

As of today (2026-07-14), Inclusive Holdings's WACC % is 3.22%. Inclusive Holdings's ROC % is -24.22% (calculated using TTM income statement data). Inclusive Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Inclusive Holdings  (TSE:7078) 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, Inclusive Holdings's WACC % is 3.22%. Inclusive Holdings's ROC % is -24.22% (calculated using TTM income statement data). Inclusive Holdings 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.


Inclusive Holdings ROC % Related Terms


Inclusive Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Inclusive Holdings'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.

Inclusive Holdings ROC % Chart

Inclusive Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only -3.13 -12.42 -2.31 -14.84 -23.42

Inclusive Holdings Semi-Annual Data
Mar18 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 3.44 -12.11 -7.85 -49.21 -5.14
TSE:7078
59GF Score
Inclusive Holdings Inc TSE:7078
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inclusive Holdings ROC % Calculation

Inclusive Holdings'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 )
=-414.598 * ( 1 - 10.71% )/( (1624.467 + 1536.81)/ 2 )
=-370.1945542/1580.6385
=-23.42 %

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))
=3763.104 - 304.297 - ( 2152.911 - max(0, 913.63 - 2747.97+2152.911))
=1624.467

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))
=3373.206 - 221.09 - ( 1978.408 - max(0, 882.977 - 2498.283+1978.408))
=1536.81

Inclusive Holdings'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 )
=-76.094 * ( 1 - 0% )/( (1424.041 + 1536.81)/ 2 )
=-76.094/1480.4255
=-5.14 %

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))
=3271.308 - 249.918 - ( 1941.303 - max(0, 862.004 - 2459.353+1941.303))
=1424.041

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))
=3373.206 - 221.09 - ( 1978.408 - max(0, 882.977 - 2498.283+1978.408))
=1536.81

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 -5.14% mean?
Inclusive Holdings (TSE:7078) has a ROC % of -5.14% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Inclusive Holdings and its competitors.
Is Inclusive Holdings' ROC % too high?
Inclusive Holdings' current ROC % is -5.14%. Overall, Inclusive Holdings has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inclusive Holdings' ROC % compare to APP and OMC?
Inclusive Holdings' ROC % of -5.14% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.39. 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 Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.39, based on 1,007 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 Inclusive Holdings and its competitors. For the Media - Diversified industry, the median ROC % is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inclusive Holdings's current ROC % is -5.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inclusive Holdings stock overvalued right now?
Based on GuruFocus' analysis, Inclusive Holdings (TSE:7078) is currently considered Modestly Undervalued. The stock's GF Value™ is 円474.26, compared to a current price of 円365.00 — trading 23% below its estimated fair value. The current ROC % is -5.14%. Inclusive Holdings' overall GF Score™ is 59/100 with 3 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 Inclusive Holdings (TSE:7078), the current ROC % is -5.14% 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 Inclusive Holdings (TSE:7078) Overvalued in 2026?

Based on GuruFocus' analysis, Inclusive Holdings stock appears to be undervalued. The current stock price of 円365.00 is trading 23% below its estimated GF Value™ of 円474.26. GuruFocus considers Inclusive Holdings to be Modestly Undervalued.

Key valuation signals for TSE:7078:

  • ROC %: -5.14%
  • GF Value™: 円474.26 vs. price of 円365.00 (23% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the TSE:7078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inclusive Holdings Business Description

Address 4-1-1 Toranomon, Kamiyacho Trust Tower, Minato-ku, Tokyo, JPN
Inclusive Holdings Inc is engaged in providing web media management and monetization support, advertising and promotion planning, solutions using ad technology, and various consulting services related to media development and brand planning. The company develops web services for media companies such as TV stations and publishers. Its services include media management, ad operations, promotion planning, and engineering.
59GF Score

Get the complete analysis for TSE:7078

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

円365.00
Price
円474.26
GF Value