ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Astena Holdings Co's annualized return on capital (ROC %) for the quarter that ended in Nov. 2025 was 3.02%.
As of today (2026-07-09), Astena Holdings Co's WACC % is 1.67%. Astena Holdings Co's ROC % is 4.48% (calculated using TTM income statement data).
Astena Holdings 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.
Astena Holdings Co (TSE:8095) 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, Astena Holdings Co's WACC % is 1.67%. Astena Holdings Co's ROC % is 4.48% (calculated using TTM income statement data).
Astena Holdings 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.
Astena Holdings Co ROC % Related Terms
Astena Holdings Co ROC % Historical Data
* Premium members only.
The historical data trend for Astena 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.
Note:
The Operating Income data used here is two times the semi-annual (Nov. 2025) 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.
Astena Holdings Co (TSE:8095) has a ROC % of 3.02% as of Nov. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Astena Holdings Co and its competitors.
Is Astena Holdings Co's ROC % too high?
Astena Holdings Co's current ROC % is 3.02%. The Conglomerates industry median ROC % is 2.78. Astena Holdings Co's value of 3.02% is 8.8% above this industry median. Overall, Astena Holdings Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Astena Holdings Co's ROC % compare to HON and MMM?
Astena Holdings Co's ROC % of 3.02% can be compared against companies in the Conglomerates industry. The industry median ROC % is 2.78. Astena Holdings Co's value of 3.02% is 8.8% 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 a Conglomerates company?
The median ROC % among Conglomerates companies is 2.78, based on 556 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. Astena Holdings Co's current ROC % of 3.02% is 8.8% 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 Astena Holdings Co and its competitors. For the Conglomerates industry, the median ROC % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astena Holdings Co's current ROC % is 3.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astena Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Astena Holdings Co (TSE:8095) is currently considered Modestly Undervalued. The stock's GF Value™ is 円579.74, compared to a current price of 円515.00 — trading 11.2% below its estimated fair value. The current ROC % is 3.02% and 8.8% above the Conglomerates industry median of 2.78. Astena Holdings Co's overall GF Score™ is 65/100 with 5 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 Astena Holdings Co (TSE:8095), the current ROC % is 3.02% as of Nov. 2025. 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 Astena Holdings Co (TSE:8095) Overvalued in 2026?
Based on GuruFocus' analysis, Astena Holdings Co stock appears to be undervalued.
The current stock price of 円515.00 is trading 11.2% below its estimated GF Value™ of 円579.74.
GuruFocus considers Astena Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:8095:
ROC %: 3.02%
GF Value™: 円579.74 vs. price of 円515.00 (11.2% below fair value)
Industry Position: 8.8% above the Conglomerates median
No single metric tells the full story. See the TSE:8095 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astena Holdings Co Ltd formerly Iwaki & Co Ltd is engaged in sale of pharmaceuticals, quasi-medicines, veterinary drugs, and medical equipment. It is also engaged in the sale of raw materials for medicines and cosmetics, health foods, chemicals and synthetic resins.
65GF Score
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