Sanritsu (TSE:9366) ROC %: 3.92% (As of Mar. 2026)


TSE:9366 Sanritsu Corp TSE:9366
73 GF Score
Price 円993.00
GF Value 円830.68
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Sanritsu ROC %?

Sanritsu TSE:9366 -1.19% 73 ROC % is 3.92% as of Mar. 2026. GuruFocus rates TSE:9366 with a GF Score™ of 73/100 and a GF Value™ of 円830.68 (Modestly Overvalued). The stock has 9 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 %. Sanritsu's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.92%.

As of today (2026-06-26), Sanritsu's WACC % is 2.29%. Sanritsu's ROC % is 3.18% (calculated using TTM income statement data). Sanritsu 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.


Sanritsu  (TSE:9366) 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, Sanritsu's WACC % is 2.29%. Sanritsu's ROC % is 3.18% (calculated using TTM income statement data). Sanritsu 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.


Sanritsu ROC % Related Terms


Sanritsu ROC % Historical Data

* Premium members only.

The historical data trend for Sanritsu'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.

Sanritsu ROC % Chart

Sanritsu 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 4.02 3.83 3.35 3.41 3.11

Sanritsu 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 4.42 2.76 4.11 2.45 3.92
TSE:9366
73GF Score
Sanritsu Corp TSE:9366
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanritsu ROC % Calculation

Sanritsu'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 )
=1035.452 * ( 1 - 29.99% )/( (21932.865 + 24630.983)/ 2 )
=724.9199452/23281.924
=3.11 %

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))
=24674.008 - 938.801 - ( 3803.639 - max(0, 6713.211 - 8515.553+3803.639))
=21932.865

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))
=26728.911 - 933.151 - ( 2382.728 - max(0, 5771.258 - 6936.035+2382.728))
=24630.983

Sanritsu'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 )
=1253.446 * ( 1 - 27.4% )/( (21750.62 + 24630.983)/ 2 )
=910.001796/23190.8015
=3.92 %

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))
=23794.317 - 747.018 - ( 2171.041 - max(0, 5411.953 - 6708.632+2171.041))
=21750.62

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))
=26728.911 - 933.151 - ( 2382.728 - max(0, 5771.258 - 6936.035+2382.728))
=24630.983

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 3.92% mean?
Sanritsu (TSE:9366) has a ROC % of 3.92% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sanritsu and its competitors.
Is Sanritsu's ROC % too high?
Sanritsu's current ROC % is 3.92%. The Transportation industry median ROC % is 4.69. Sanritsu's value of 3.92% is 16.4% below this industry median. Overall, Sanritsu has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanritsu's ROC % compare to FDX and UPS?
Sanritsu's ROC % of 3.92% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. Sanritsu's value of 3.92% is 16.4% 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 4.69, based on 994 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. Sanritsu's current ROC % of 3.92% is 16.4% 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 Sanritsu and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanritsu's current ROC % is 3.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanritsu stock overvalued right now?
Based on GuruFocus' analysis, Sanritsu (TSE:9366) is currently considered Modestly Overvalued. The stock's GF Value™ is 円830.68, compared to a current price of 円993.00 — trading 19.5% above its estimated fair value. The current ROC % is 3.92% and 16.4% below the Transportation industry median of 4.69. Sanritsu's overall GF Score™ is 73/100 with 9 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 Sanritsu (TSE:9366), the current ROC % is 3.92% 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 Sanritsu (TSE:9366) Overvalued in 2026?

Based on GuruFocus' analysis, Sanritsu stock appears to be overvalued. The current stock price of 円993.00 is trading 19.5% above its estimated GF Value™ of 円830.68. GuruFocus considers Sanritsu to be Modestly Overvalued.

Key valuation signals for TSE:9366:

  • ROC %: 3.92%
  • GF Value™: 円830.68 vs. price of 円993.00 (19.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 16.4% below the Transportation median

No single metric tells the full story. See the TSE:9366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanritsu Business Description

Address 12-32 Konan 2-chome, Minato-ku, Tokyo, JPN, 108-0075
Sanritsu Corp is a Japan-based company engaged in the logistics business, mainly focusing on packaging, transportation, and warehousing. Along with its subsidiaries, the company operates in the following reportable segments: Packaging business, Transport business, Warehousing business, and the Rental building business. The majority of its revenue is generated from the Packaging business, which is involved in packaging and wooden box manufacturing for electronic and communication equipment, glass products, machine tools, medical equipment, etc. The Transportation segment transports goods by truck; the warehousing business involves storage, warehousing, and rental; and the rental building business involves the rental of offices and apartment buildings.
73GF Score

Get the complete analysis for TSE:9366

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

円993.00
Price
円830.68
GF Value