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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 %. Tokyo Infrastructure Energy Investment's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.16%.
As of today (2026-07-16), Tokyo Infrastructure Energy Investment's WACC % is 2.19%. Tokyo Infrastructure Energy Investment's ROC % is 2.35% (calculated using TTM income statement data).
Tokyo Infrastructure Energy Investment 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 Infrastructure Energy Investment (TSE:9285) 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 Infrastructure Energy Investment's WACC % is 2.19%. Tokyo Infrastructure Energy Investment's ROC % is 2.35% (calculated using TTM income statement data).
Tokyo Infrastructure Energy Investment 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 Infrastructure Energy Investment ROC % Related Terms
Tokyo Infrastructure Energy Investment 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.
Tokyo Infrastructure Energy Investment ROC % Chart
Tokyo Infrastructure Energy Investment Annual Data
Note:
The Operating Income data used here is two times the semi-annual (Dec. 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.
Tokyo Infrastructure Energy Investment (TSE:9285) has a ROC % of 3.16% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tokyo Infrastructure Energy Investment and its competitors.
Is Tokyo Infrastructure Energy Investment's ROC % too high?
Tokyo Infrastructure Energy Investment's current ROC % is 3.16%. The Utilities - Independent Power Producers industry median ROC % is 2.28. Tokyo Infrastructure Energy Investment's value of 3.16% is 38.6% above this industry median. Overall, Tokyo Infrastructure Energy Investment has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tokyo Infrastructure Energy Investment's ROC % compare to competitors?
Tokyo Infrastructure Energy Investment's ROC % of 3.16% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROC % is 2.28. Tokyo Infrastructure Energy Investment's value of 3.16% is 38.6% 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 Utilities - Independent Power Producers company?
The median ROC % among Utilities - Independent Power Producers companies is 2.28, based on 430 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 Infrastructure Energy Investment's current ROC % of 3.16% is 38.6% 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 Infrastructure Energy Investment and its competitors. For the Utilities - Independent Power Producers industry, the median ROC % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Infrastructure Energy Investment's current ROC % is 3.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Infrastructure Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment (TSE:9285) is currently considered Possible Value Trap. The stock's GF Value™ is 円67,791.89, compared to a current price of 円44,400.00 — trading 34.5% below its estimated fair value. The current ROC % is 3.16% and 38.6% above the Utilities - Independent Power Producers industry median of 2.28. Tokyo Infrastructure Energy Investment's overall GF Score™ is 58/100 with 7 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 Infrastructure Energy Investment (TSE:9285), the current ROC % is 3.16% as of Dec. 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 Tokyo Infrastructure Energy Investment (TSE:9285) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Infrastructure Energy Investment stock appears to be undervalued.
The current stock price of 円44,400.00 is trading 34.5% below its estimated GF Value™ of 円67,791.89.
GuruFocus considers Tokyo Infrastructure Energy Investment to be Possible Value Trap.
Key valuation signals for TSE:9285:
ROC %: 3.16%
GF Value™: 円67,791.89 vs. price of 円44,400.00 (34.5% below fair value)
Industry Position: 38.6% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the TSE:9285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Infrastructure Energy Investment Business Description
Tokyo Infrastructure Energy Investment Corp is a Japan-based investment corporation. The company mainly invests in renewable energy generation equipment related assets. Its investment objective is to maximize the investor's value by creating high-quality investment opportunities and at the same time achieves the government's goal of promoting renewable energy power generation and revitalizes the local community. Its portfolio consists of TI Ryugasaki Solar Power Station, TI Ushisa Solar Power Station, TI Kanuma Solar Power Station, TI Yabuki Solar Power Station, and TI Kushiro Solar Power Station.
58GF Score
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