FCRQF (Ichigo Office REIT Investment) ROCE %: 3.78% (As of Apr. 2026)

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FCRQF Ichigo Office REIT Investment Corp FCRQF
67 GF Score
Price $585.00
GF Value $547.59
! 11 Warning Signs
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What is Ichigo Office REIT Investment ROCE %?

Ichigo Office REIT Investment FCRQF 67 ROCE % is 3.78% as of Apr. 2026. GuruFocus rates FCRQF with a GF Score™ of 67/100 and a GF Value™ of $547.59. The stock has 11 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ichigo Office REIT Investment's annualized ROCE % for the quarter that ended in Apr. 2026 was 3.78%.

Ichigo Office REIT Investment  (OTCPK:FCRQF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ichigo Office REIT Investment ROCE % Related Terms

Ichigo Office REIT Investment ROCE % Historical Data

* Premium members only.

The historical data trend for Ichigo Office REIT Investment's ROCE % 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.

Ichigo Office REIT Investment ROCE % Chart

Ichigo Office REIT Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.94 3.44 3.20 4.84 3.79

Ichigo Office REIT Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROCE % 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 3.47 4.26 5.18 4.18 3.78
FCRQF
67GF Score
Ichigo Office REIT Investment Corp FCRQF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo Office REIT Investment ROCE % Calculation

Ichigo Office REIT Investment's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=56.837/( ( (1544.196 - 70.912) + (1632.889 - 110.003) )/ 2 )
=56.837/( (1473.284+1522.886)/ 2 )
=56.837/1498.085
=3.79 %

Ichigo Office REIT Investment's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=54.094/( ( (1614.494 - 149.69) + (1542.816 - 144.97) )/ 2 )
=54.094/( ( 1464.804 + 1397.846 )/ 2 )
=54.094/1431.325
=3.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.78% mean?
Ichigo Office REIT Investment (FCRQF) has a ROCE % of 3.78% as of Apr. 2026.
Is Ichigo Office REIT Investment's ROCE % too high?
Ichigo Office REIT Investment's current ROCE % is 3.78%. The REITs industry median ROCE % is 5.11. Ichigo Office REIT Investment's value of 3.78% is 26% below this industry median. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's ROCE % compare to BXP and ARE?
Ichigo Office REIT Investment's ROCE % of 3.78% can be compared against companies in the REITs industry. The industry median ROCE % is 5.11. Ichigo Office REIT Investment's value of 3.78% is 26% 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 ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.11, based on 735 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ichigo Office REIT Investment's current ROCE % of 3.78% is 26% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Office REIT Investment's current ROCE % is 3.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current ROCE % of 3.78%. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current ROCE % is 3.78% and 26% below the REITs industry median of 5.11. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ichigo Office REIT Investment (FCRQF), the current ROCE % is 3.78% as of Apr. 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 Ichigo Office REIT Investment (FCRQF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued. The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.

Key valuation signals for FCRQF:

  • ROCE %: 3.78%
  • GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
  • GF Score™: 67/100 with 11 warning signs
  • Industry Position: 26% below the REITs median

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

Ichigo Office REIT Investment Business Description

Industry Real EstateREITs
Other Exchanges 8975:Japan
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score

Get the complete analysis for FCRQF

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

$585.00
Price
$547.59
GF Value