Toyota Tsusho (NGO:8015) ROCE %: 11.78% (As of Mar. 2026)


NGO:8015 Toyota Tsusho Corp NGO:8015
82 GF Score
Price 円6,630.00
GF Value 円3,672.50
Valuation Significantly Overvalued
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What is Toyota Tsusho ROCE %?

Toyota Tsusho NGO:8015 82 ROCE % is 11.78% as of Mar. 2026. GuruFocus rates NGO:8015 with a GF Score™ of 82/100 and a GF Value™ of 円3,672.50 (Significantly Overvalued).

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. Toyota Tsusho's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.78%.

Toyota Tsusho  (NGO:8015) 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.

Toyota Tsusho ROCE % Related Terms

Toyota Tsusho ROCE % Historical Data

* Premium members only.

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho ROCE % Chart

Toyota Tsusho 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 10.98 13.32 13.00 13.24 13.04

Toyota Tsusho 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 12.61 13.98 13.09 13.43 11.78
NGO:8015
82GF Score
Toyota Tsusho Corp NGO:8015
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyota Tsusho ROCE % Calculation

Toyota Tsusho'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 )
=628558/( ( (7057462 - 2555043) + (8523667 - 3385178) )/ 2 )
=628558/( (4502419+5138489)/ 2 )
=628558/4820454
=13.04 %

Toyota Tsusho'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 )
=604444/( ( (8104713 - 2978256) + (8523667 - 3385178) )/ 2 )
=604444/( ( 5126457 + 5138489 )/ 2 )
=604444/5132473
=11.78 %

(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 11.78% mean?
Toyota Tsusho (NGO:8015) has a ROCE % of 11.78% as of Mar. 2026.
Is Toyota Tsusho's ROCE % too high?
Toyota Tsusho's current ROCE % is 11.78%. The Conglomerates industry median ROCE % is 6.90. Toyota Tsusho's value of 11.78% is 70.8% above this industry median. Overall, Toyota Tsusho has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Tsusho's ROCE % compare to HON and MMM?
Toyota Tsusho's ROCE % of 11.78% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.90. Toyota Tsusho's value of 11.78% is 70.8% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.90, based on 556 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. Toyota Tsusho's current ROCE % of 11.78% is 70.8% 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 Conglomerates industry, the median ROCE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Tsusho's current ROCE % is 11.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Tsusho stock overvalued right now?
Based on GuruFocus' analysis, Toyota Tsusho (NGO:8015) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,672.50, compared to a current price of 円6,630.00 — trading 80.5% above its estimated fair value. The current ROCE % is 11.78% and 70.8% above the Conglomerates industry median of 6.90. Toyota Tsusho's overall GF Score™ is 82/100. 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 Toyota Tsusho (NGO:8015), the current ROCE % is 11.78% 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 Toyota Tsusho (NGO:8015) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Tsusho stock appears to be overvalued. The current stock price of 円6,630.00 is trading 80.5% above its estimated GF Value™ of 円3,672.50. GuruFocus considers Toyota Tsusho to be Significantly Overvalued.

Key valuation signals for NGO:8015:

  • ROCE %: 11.78%
  • GF Value™: 円3,672.50 vs. price of 円6,630.00 (80.5% above fair value)
  • GF Score™: 82/100
  • Industry Position: 70.8% above the Conglomerates median

No single metric tells the full story. See the NGO:8015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toyota Tsusho Business Description

Address 9-8 Meieki 4-chome, Century Toyota Building, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corp is a Japan-based company involved in trading diverse products, along with the manufacturing, processing, sales, investment, and related service activities. The company operates through segments including Africa, Circular Economy, Digital Solutions, Green Infrastructure, Lifestyle, Metal Plus, Mobility, Supply Chain, and Others. It generates the majority of its revenue from the Metal Plus segment, which processes, manufactures, treats, and sells steel products and nonferrous metal ingots, among others.
82GF Score

Get the complete analysis for NGO:8015

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

円6,630.00
Price
円3,672.50
GF Value