Mullion Co (FSE:3494) ROCE %: 1.77% (As of Mar. 2026)


FSE:3494 Mullion Co Ltd FSE:3494
69 GF Score
Price 円338.00
GF Value 円432.44
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mullion Co ROCE %?

Mullion Co FSE:3494 69 ROCE % is 1.77% as of Mar. 2026. GuruFocus rates FSE:3494 with a GF Score™ of 69/100 and a GF Value™ of 円432.44 (Modestly Undervalued). The stock has 3 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. Mullion Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.77%.

Mullion Co  (FSE:3494) 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.

Mullion Co ROCE % Related Terms

Mullion Co ROCE % Historical Data

* Premium members only.

The historical data trend for Mullion 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.

Mullion Co ROCE % Chart

Mullion Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.29 1.62 3.72 4.72

Mullion Co Semi-Annual Data
Sep16 Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.40 5.02 1.52 7.85 1.77
FSE:3494
69GF Score
Mullion Co Ltd FSE:3494
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mullion Co ROCE % Calculation

Mullion Co's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=800.62/( ( (18822.977 - 1669.605) + (18797.442 - 2004.961) )/ 2 )
=800.62/( (17153.372+16792.481)/ 2 )
=800.62/16972.9265
=4.72 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=301.94/( ( (18797.442 - 2004.961) + (19951.145 - 2691.532) )/ 2 )
=301.94/( ( 16792.481 + 17259.613 )/ 2 )
=301.94/17026.047
=1.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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 1.77% mean?
Mullion Co (FSE:3494) has a ROCE % of 1.77% as of Mar. 2026.
Is Mullion Co's ROCE % too high?
Mullion Co's current ROCE % is 1.77%. The Real Estate industry median ROCE % is 4.66. Mullion Co's value of 1.77% is 62% below this industry median. Overall, Mullion Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mullion Co's ROCE % compare to CBRE and BEKE?
Mullion Co's ROCE % of 1.77% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Mullion Co's value of 1.77% is 62% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. Mullion Co's current ROCE % of 1.77% is 62% 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullion Co's current ROCE % is 1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullion Co stock overvalued right now?
Based on GuruFocus' analysis, Mullion Co (FSE:3494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円432.44, compared to a current price of 円338.00 — trading 21.8% below its estimated fair value. The current ROCE % is 1.77% and 62% below the Real Estate industry median of 4.66. Mullion Co's overall GF Score™ is 69/100 with 3 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 Mullion Co (FSE:3494), the current ROCE % is 1.77% 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 Mullion Co (FSE:3494) Overvalued in 2026?

Based on GuruFocus' analysis, Mullion Co stock appears to be undervalued. The current stock price of 円338.00 is trading 21.8% below its estimated GF Value™ of 円432.44. GuruFocus considers Mullion Co to be Modestly Undervalued.

Key valuation signals for FSE:3494:

  • ROCE %: 1.77%
  • GF Value™: 円432.44 vs. price of 円338.00 (21.8% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 62% below the Real Estate median

No single metric tells the full story. See the FSE:3494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mullion Co Business Description

Other Exchanges 3494:Japan
Address 9-11 Tomihisacho, Shinjuku-ku, Tokyo, JPN, 162-0067
Mullion Co Ltd is a Japanese real estate company. The company is engaged in leasing and managing a real estate rental property, and also engaged in the origination and placement of securitization products derived from real estate rental cash flow.
69GF Score

Get the complete analysis for FSE:3494

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

円338.00
Price
円432.44
GF Value