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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Okayamaken Freight Transportation Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.22%.
As of today (2026-07-21), Okayamaken Freight Transportation Co's WACC % is 2.00%. Okayamaken Freight Transportation Co's ROC % is 1.99% (calculated using TTM income statement data).
Okayamaken Freight Transportation Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Okayamaken Freight Transportation Co (TSE:9063) 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, Okayamaken Freight Transportation Co's WACC % is 2.00%. Okayamaken Freight Transportation Co's ROC % is 1.99% (calculated using TTM income statement data).
Okayamaken Freight Transportation 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.
Okayamaken Freight Transportation Co ROC % Related Terms
Okayamaken Freight Transportation Co ROC % Historical Data
* 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 (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.
Okayamaken Freight Transportation Co (TSE:9063) has a ROC % of 2.22% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Okayamaken Freight Transportation Co and its competitors.
Is Okayamaken Freight Transportation Co's ROC % too high?
Okayamaken Freight Transportation Co's current ROC % is 2.22%. The Transportation industry median ROC % is 4.71. Okayamaken Freight Transportation Co's value of 2.22% is 52.9% below this industry median. Overall, Okayamaken Freight Transportation Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayamaken Freight Transportation Co's ROC % compare to ODFL and XPO?
Okayamaken Freight Transportation Co's ROC % of 2.22% can be compared against companies in the Transportation industry. The industry median ROC % is 4.71. Okayamaken Freight Transportation Co's value of 2.22% is 52.9% below 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 Transportation company?
The median ROC % among Transportation companies is 4.71, based on 990 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. Okayamaken Freight Transportation Co's current ROC % of 2.22% is 52.9% below 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 Okayamaken Freight Transportation Co and its competitors. For the Transportation industry, the median ROC % is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayamaken Freight Transportation Co's current ROC % is 2.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayamaken Freight Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, Okayamaken Freight Transportation Co (TSE:9063) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,356.71, compared to a current price of 円4,025.00 — trading 19.9% above its estimated fair value. The current ROC % is 2.22% and 52.9% below the Transportation industry median of 4.71. Okayamaken Freight Transportation Co's overall GF Score™ is 68/100 with 2 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 Okayamaken Freight Transportation Co (TSE:9063), the current ROC % is 2.22% 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 Okayamaken Freight Transportation Co (TSE:9063) Overvalued in 2026?
Based on GuruFocus' analysis, Okayamaken Freight Transportation Co stock appears to be overvalued.
The current stock price of 円4,025.00 is trading 19.9% above its estimated GF Value™ of 円3,356.71.
GuruFocus considers Okayamaken Freight Transportation Co to be Modestly Overvalued.
Key valuation signals for TSE:9063:
ROC %: 2.22%
GF Value™: 円3,356.71 vs. price of 円4,025.00 (19.9% above fair value)
Industry Position: 52.9% below the Transportation median
No single metric tells the full story. See the TSE:9063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayamaken Freight Transportation Co Business Description
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.
68GF Score
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