Kowa Co (FRA:49N) ROCE %: 16.12% (As of Feb. 2026)

What is Kowa Co ROCE %?

Kowa Co FRA:49N 78 ROCE % is 16.12% as of Feb. 2026. GuruFocus rates FRA:49N with a GF Score™ of 78/100 and a GF Value™ of €5.43. The stock has 2 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. Kowa Co's annualized ROCE % for the quarter that ended in Feb. 2026 was 16.12%.

Kowa Co (FRA:49N) 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.

Kowa Co ROCE % Related Terms

Kowa Co ROCE % Historical Data

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The historical data trend for Kowa Co'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.

Kowa Co ROCE % Chart

Kowa Co Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

ROCE %

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17.01

19.13

29.86

32.66

17.91

Kowa Co Semi-Annual Data
	Feb16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
ROCE %	Get a 7-Day Free Trial															26.94	39.55	23.30	21.35	16.12

78GF Score

Kowa Co Ltd FRA:49N

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Kowa Co ROCE % Calculation

Kowa Co's annualized ROCE % for the fiscal year that ended in Feb. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2026 )		(A: Feb. 2025 )		(A: Feb. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2026 )		(A: Feb. 2025 )		(A: Feb. 2026 )
	=	3.582	/	( ( (30.959 - 11.518)	+	(27.697 - 7.132) )	/ 2 )
	=	3.582	/	( (19.441	+	20.565)	/ 2 )
	=	3.582	/	20.003
	=	17.91 %

Kowa Co's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2026 )		(Q: Aug. 2025 )		(Q: Feb. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2026 )		(Q: Aug. 2025 )		(Q: Feb. 2026 )
	=	3.248	/	( ( (28.016 - 8.28)	+	(27.697 - 7.132) )	/ 2 )
	=	3.248	/	( ( 19.736	+	20.565 )	/ 2 )
	=	3.248	/	20.1505
	=	16.12 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 16.12% mean?

Kowa Co (FRA:49N) has a ROCE % of 16.12% as of Feb. 2026.

Is Kowa Co's ROCE % too high?

Kowa Co's current ROCE % is 16.12%. The Furnishings, Fixtures & Appliances industry median ROCE % is 5.68. Kowa Co's value of 16.12% is 183.8% above this industry median. Overall, Kowa Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.

How does Kowa Co's ROCE % compare to SN and SGI?

Kowa Co's ROCE % of 16.12% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.68. Kowa Co's value of 16.12% is 183.8% 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 ROCE % for a Furnishings, Fixtures & Appliances company?

The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.68, based on 426 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. Kowa Co's current ROCE % of 16.12% is 183.8% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current ROCE % is 16.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kowa Co stock overvalued right now?

Kowa Co (FRA:49N) has a current ROCE % of 16.12%. The stock's GF Value™ is €5.43, compared to a current price of €4.10 — trading 24.5% below its estimated fair value. The current ROCE % is 16.12% and 183.8% above the Furnishings, Fixtures & Appliances industry median of 5.68. Kowa Co's overall GF Score™ is 78/100 with 2 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 Kowa Co (FRA:49N), the current ROCE % is 16.12% 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 Kowa Co (FRA:49N) Overvalued in 2026?

Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued. The current stock price of €4.10 is trading 24.5% below its estimated GF Value™ of €5.43.

Key valuation signals for FRA:49N:

ROCE %: 16.12%
GF Value™: €5.43 vs. price of €4.10 (24.5% below fair value)
GF Score™: 78/100 with 2 warning signs
Industry Position: 183.8% above the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the FRA:49N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kowa Co Business Description

Industry Consumer Cyclical Furnishings, Fixtures & Appliances

Comparable Companies TSE:7791 TSE:5956 TSE:6612 TSE:7997 NGO:7950 TSE:6897 TSE:7887 TSE:8119 TSE:9827 TSE:7898 SZSE:000333 SZSE:000651 SHSE:600690 TPE:2059 SHSE:603268 SN SGI TSE:9843 MHK LSE:HWDN

Other Exchanges 7807:Japan

Address 3-159-1, Kaisan-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 590-0982

Website http://www.tacaof.co.jp

Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.

78GF Score

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

€4.10

Price

€5.43

GF Value

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