KHNRF (Keihan Holdings Co) ROCE %: 6.67% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KHNRF Keihan Holdings Co Ltd KHNRF
72 GF Score
Price $20.75
GF Value $25.44
! 3 Warning Signs
View Full Analysis

What is Keihan Holdings Co ROCE %?

Keihan Holdings Co KHNRF -0.72% 72 ROCE % is 6.67% as of Mar. 2026. GuruFocus rates KHNRF with a GF Score™ of 72/100 and a GF Value™ of $25.44. 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. Keihan Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.67%.


Keihan Holdings Co  (OTCPK:KHNRF) 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.


Keihan Holdings Co ROCE % Related Terms


Keihan Holdings Co ROCE % Historical Data

* Premium members only.

The historical data trend for Keihan Holdings 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.

Keihan Holdings Co ROCE % Chart

Keihan Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 4.32 5.47 6.52 7.03

Keihan Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only 3.25 8.29 5.25 8.00 6.67
KHNRF
72GF Score
Keihan Holdings Co Ltd KHNRF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keihan Holdings Co ROCE % Calculation

Keihan Holdings Co's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=321.554/( ( (5768.642 - 1226.673) + (5731.847 - 1131.97) )/ 2 )
=321.554/( (4541.969+4599.877)/ 2 )
=321.554/4570.923
=7.03 %

Keihan Holdings 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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=310.708/( ( (5737.806 - 1027.483) + (5731.847 - 1131.97) )/ 2 )
=310.708/( ( 4710.323 + 4599.877 )/ 2 )
=310.708/4655.1
=6.67 %

(1) Note: The EBIT data used here is four times the quarterly (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 6.67% mean?
Keihan Holdings Co (KHNRF) has a ROCE % of 6.67% as of Mar. 2026.
Is Keihan Holdings Co's ROCE % too high?
Keihan Holdings Co's current ROCE % is 6.67%. The Conglomerates industry median ROCE % is 6.98. Keihan Holdings Co's value of 6.67% is 4.4% below this industry median. Overall, Keihan Holdings Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Keihan Holdings Co's ROCE % compare to HON and MMM?
Keihan Holdings Co's ROCE % of 6.67% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.98. Keihan Holdings Co's value of 6.67% is 4.4% 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 ROCE % for a Conglomerates company?
The median ROCE % among Conglomerates companies is 6.98, based on 561 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. Keihan Holdings Co's current ROCE % of 6.67% is 4.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median ROCE % is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keihan Holdings Co's current ROCE % is 6.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keihan Holdings Co stock overvalued right now?
Keihan Holdings Co (KHNRF) has a current ROCE % of 6.67%. The stock's GF Value™ is $25.44, compared to a current price of $20.75 — trading 18.4% below its estimated fair value. The current ROCE % is 6.67% and 4.4% below the Conglomerates industry median of 6.98. Keihan Holdings Co's overall GF Score™ is 72/100 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 Keihan Holdings Co (KHNRF), the current ROCE % is 6.67% 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 Keihan Holdings Co (KHNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Keihan Holdings Co stock appears to be undervalued. The current stock price of $20.75 is trading 18.4% below its estimated GF Value™ of $25.44.

Key valuation signals for KHNRF:

  • ROCE %: 6.67%
  • GF Value™: $25.44 vs. price of $20.75 (18.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 4.4% below the Conglomerates median

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


Keihan Holdings Co Business Description

Other Exchanges 9045:Japan
Address 1-7-31 Otemae, Chuo-ku, Osaka, JPN, 540-6591
Keihan Holdings Co Ltd is a Japanese conglomerate engaged in transportation, real estate, distribution, leisure, and other related businesses. The company operates through four segments. The Distribution segment manages department stores, shops, and malls. The Leisure and Service Industry segment covers hotels and sightseeing boats. The Real Estate segment handles sales, leasing, building materials, and design, and the Transportation segment operates railways and buses. Other Businesses include the operation of GOOD NATURE STATION, a commercial complex focused on sustainable experiences. It generates the majority of its revenue from the Real estate business segment.
72GF Score

Get the complete analysis for KHNRF

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

$20.75
Price
$25.44
GF Value