TBNAF (Tachibana Eletech Co) ROCE %: 14.27% (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.

TBNAF Tachibana Eletech Co Ltd TBNAF
86 GF Score
Price $20.20
GF Value $19.35
! 2 Warning Signs
View Full Analysis

What is Tachibana Eletech Co ROCE %?

Tachibana Eletech Co TBNAF 86 ROCE % is 14.27% as of Mar. 2026. GuruFocus rates TBNAF with a GF Score™ of 86/100 and a GF Value™ of $19.35. 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. Tachibana Eletech Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.27%.


Tachibana Eletech Co  (OTCPK:TBNAF) 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.


Tachibana Eletech Co ROCE % Related Terms


Tachibana Eletech Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tachibana Eletech 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.

Tachibana Eletech Co ROCE % Chart

Tachibana Eletech 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 9.05 12.44 11.75 9.86 9.57

Tachibana Eletech 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 9.42 4.14 10.34 9.54 14.27
TBNAF
86GF Score
Tachibana Eletech Co Ltd TBNAF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tachibana Eletech Co ROCE % Calculation

Tachibana Eletech 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 )
=69.138/( ( (1109.745 - 387.32) + (1129.947 - 408.072) )/ 2 )
=69.138/( (722.425+721.875)/ 2 )
=69.138/722.15
=9.57 %

Tachibana Eletech 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 )
=105.016/( ( (1125.786 - 375.846) + (1129.947 - 408.072) )/ 2 )
=105.016/( ( 749.94 + 721.875 )/ 2 )
=105.016/735.9075
=14.27 %

(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 14.27% mean?
Tachibana Eletech Co (TBNAF) has a ROCE % of 14.27% as of Mar. 2026.
Is Tachibana Eletech Co's ROCE % too high?
Tachibana Eletech Co's current ROCE % is 14.27%. The Hardware industry median ROCE % is 5.89. Tachibana Eletech Co's value of 14.27% is 142.3% above this industry median. Overall, Tachibana Eletech Co has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Tachibana Eletech Co's ROCE % compare to APH and GLW?
Tachibana Eletech Co's ROCE % of 14.27% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.89. Tachibana Eletech Co's value of 14.27% is 142.3% 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 Hardware company?
The median ROCE % among Hardware companies is 5.89, based on 2,451 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. Tachibana Eletech Co's current ROCE % of 14.27% is 142.3% 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 Hardware industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tachibana Eletech Co's current ROCE % is 14.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachibana Eletech Co stock overvalued right now?
Tachibana Eletech Co (TBNAF) has a current ROCE % of 14.27%. The stock's GF Value™ is $19.35, compared to a current price of $20.20 — trading 4.4% above its estimated fair value. The current ROCE % is 14.27% and 142.3% above the Hardware industry median of 5.89. Tachibana Eletech Co's overall GF Score™ is 86/100 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 Tachibana Eletech Co (TBNAF), the current ROCE % is 14.27% 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 Tachibana Eletech Co (TBNAF) Overvalued in 2026?

Based on GuruFocus' analysis, Tachibana Eletech Co stock appears to be overvalued. The current stock price of $20.20 is trading 4.4% above its estimated GF Value™ of $19.35.

Key valuation signals for TBNAF:

  • ROCE %: 14.27%
  • GF Value™: $19.35 vs. price of $20.20 (4.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 142.3% above the Hardware median

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


Tachibana Eletech Co Business Description

Other Exchanges 8159:Japan
Address 1-13-25, Nishi-honmachi, Nishi-ku, Osaka, JPN, 550-8555
Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.
86GF Score

Get the complete analysis for TBNAF

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

$20.20
Price
$19.35
GF Value