TSUSF (Tsuruha Holdings) ROC %: 9.40% (As of Feb. 2026)


TSUSF Tsuruha Holdings Inc TSUSF
69 GF Score
Price $17.25
GF Value $22.33
! 5 Warning Signs
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What is Tsuruha Holdings ROC %?

Tsuruha Holdings TSUSF 69 ROC % is 9.40% as of Feb. 2026. GuruFocus rates TSUSF with a GF Score™ of 69/100 and a GF Value™ of $22.33. The stock has 5 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 %. Tsuruha Holdings's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 9.40%.

As of today (2026-06-27), Tsuruha Holdings's WACC % is 2.81%. Tsuruha Holdings's ROC % is 8.66% (calculated using TTM income statement data). Tsuruha Holdings 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.


Tsuruha Holdings  (OTCPK:TSUSF) 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, Tsuruha Holdings's WACC % is 2.81%. Tsuruha Holdings's ROC % is 8.66% (calculated using TTM income statement data). Tsuruha Holdings 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.


Tsuruha Holdings ROC % Related Terms


Tsuruha Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Tsuruha 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.

Tsuruha Holdings ROC % Chart

Tsuruha Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 Feb26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.46 9.29 9.88 8.39 6.02

Tsuruha Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 9.04 9.53 11.91 8.47 9.40
TSUSF
69GF Score
Tsuruha Holdings Inc TSUSF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsuruha Holdings ROC % Calculation

Tsuruha Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Feb. 2026 is calculated as:

ROC % (A: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: May. 2024 ) + Invested Capital (A: Feb. 2026 ))/ count )
=406.443 * ( 1 - 31.62% )/( (2235.921 + 6996.962)/ 2 )
=277.9257234/4616.4415
=6.02 %

where

Invested Capital(A: May. 2024 )
=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))
=3525.721 - 913.279 - ( 376.521 - max(0, 1163.553 - 1754.562+376.521))
=2235.921

Invested Capital(A: Feb. 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))
=10625.171 - 2778.166 - ( 1303.21 - max(0, 3530.37 - 4380.413+1303.21))
=6996.962

Tsuruha Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=578.848 * ( 1 - 24.14% )/( (2348.598 + 6996.962)/ 2 )
=439.1140928/4672.78
=9.40 %

where

Invested Capital(Q: Nov. 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))
=4282.882 - 1230.776 - ( 854.706 - max(0, 1690.932 - 2394.44+854.706))
=2348.598

Invested Capital(Q: Feb. 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))
=10625.171 - 2778.166 - ( 1303.21 - max(0, 3530.37 - 4380.413+1303.21))
=6996.962

Note: The Operating Income data used here is four times the quarterly (Feb. 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 9.40% mean?
Tsuruha Holdings (TSUSF) has a ROC % of 9.40% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tsuruha Holdings and its competitors.
Is Tsuruha Holdings' ROC % too high?
Tsuruha Holdings' current ROC % is 9.40%. The Healthcare Providers & Services industry median ROC % is 3.06. Tsuruha Holdings' value of 9.40% is 207.2% above this industry median. Overall, Tsuruha Holdings has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Tsuruha Holdings' ROC % compare to competitors?
Tsuruha Holdings' ROC % of 9.40% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROC % is 3.06. Tsuruha Holdings' value of 9.40% is 207.2% 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 Healthcare Providers & Services company?
The median ROC % among Healthcare Providers & Services companies is 3.06, based on 671 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. Tsuruha Holdings's current ROC % of 9.40% is 207.2% 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 Tsuruha Holdings and its competitors. For the Healthcare Providers & Services industry, the median ROC % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsuruha Holdings's current ROC % is 9.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsuruha Holdings stock overvalued right now?
Tsuruha Holdings (TSUSF) has a current ROC % of 9.40%. The stock's GF Value™ is $22.33, compared to a current price of $17.25 — trading 22.7% below its estimated fair value. The current ROC % is 9.40% and 207.2% above the Healthcare Providers & Services industry median of 3.06. Tsuruha Holdings' overall GF Score™ is 69/100 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 Tsuruha Holdings (TSUSF), the current ROC % is 9.40% as of Feb. 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 Tsuruha Holdings (TSUSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tsuruha Holdings stock appears to be undervalued. The current stock price of $17.25 is trading 22.7% below its estimated GF Value™ of $22.33.

Key valuation signals for TSUSF:

  • ROC %: 9.40%
  • GF Value™: $22.33 vs. price of $17.25 (22.7% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 207.2% above the Healthcare Providers & Services median

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


Tsuruha Holdings Business Description

Other Exchanges 3391:Japan
Address Kita 24-jo Higashi 20-chome, Higashi-ku, Sapporo, JPN, 065-0024
Tsuruha Holdings Inc manages pharmaceutical companies in Japan, where the drugstore business is the core of their operations. The company generates revenue through selling prescription and over-the-counter drugs, medical supplies, nursing care products, discount cosmetics, health products, and a miscellaneous assortment of general merchandise. It also provides blood testing services, disease prevention solutions, and at-home drug delivery services.
69GF Score

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

$17.25
Price
$22.33
GF Value