TOKSF (Tokyo Steel Manufacturing Co) ROCE %: 1.75% (As of Mar. 2026)


TOKSF Tokyo Steel Manufacturing Co Ltd TOKSF
70 GF Score
Price $9.11
GF Value $7.75
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Tokyo Steel Manufacturing Co ROCE %?

Tokyo Steel Manufacturing Co TOKSF 70 ROCE % is 1.75% as of Mar. 2026. GuruFocus rates TOKSF with a GF Score™ of 70/100 and a GF Value™ of $7.75 (Modestly Overvalued). The stock has 10 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. Tokyo Steel Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.75%.

Tokyo Steel Manufacturing Co  (OTCPK:TOKSF) 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.

Tokyo Steel Manufacturing Co ROCE % Related Terms

Tokyo Steel Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co ROCE % Chart

Tokyo Steel Manufacturing 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 20.04 20.03 18.19 13.31 5.91

Tokyo Steel Manufacturing 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 11.54 9.27 1.78 11.51 1.75
TOKSF
70GF Score
Tokyo Steel Manufacturing Co Ltd TOKSF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Steel Manufacturing Co ROCE % Calculation

Tokyo Steel Manufacturing 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 )
=89.695/( ( (1965.502 - 443.5) + (1837.611 - 324.963) )/ 2 )
=89.695/( (1522.002+1512.648)/ 2 )
=89.695/1517.325
=5.91 %

Tokyo Steel Manufacturing 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 )
=26.72/( ( (1948.722 - 414.354) + (1837.611 - 324.963) )/ 2 )
=26.72/( ( 1534.368 + 1512.648 )/ 2 )
=26.72/1523.508
=1.75 %

(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 1.75% mean?
Tokyo Steel Manufacturing Co (TOKSF) has a ROCE % of 1.75% as of Mar. 2026.
Is Tokyo Steel Manufacturing Co's ROCE % too high?
Tokyo Steel Manufacturing Co's current ROCE % is 1.75%. The Steel industry median ROCE % is 5.61. Tokyo Steel Manufacturing Co's value of 1.75% is 68.8% below this industry median. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's ROCE % compare to NUE and STLD?
Tokyo Steel Manufacturing Co's ROCE % of 1.75% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. Tokyo Steel Manufacturing Co's value of 1.75% is 68.8% 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 Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 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. Tokyo Steel Manufacturing Co's current ROCE % of 1.75% is 68.8% 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 Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current ROCE % is 1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co (TOKSF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.75, compared to a current price of $9.11 — trading 17.5% above its estimated fair value. The current ROCE % is 1.75% and 68.8% below the Steel industry median of 5.61. Tokyo Steel Manufacturing Co's overall GF Score™ is 70/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current ROCE % is 1.75% 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued. The current stock price of $9.11 is trading 17.5% above its estimated GF Value™ of $7.75. GuruFocus considers Tokyo Steel Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TOKSF:

  • ROCE %: 1.75%
  • GF Value™: $7.75 vs. price of $9.11 (17.5% above fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 68.8% below the Steel median

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

Tokyo Steel Manufacturing Co Business Description

Other Exchanges 5423:Japan
Address Kasumigaseki-Tokyu Bldg 15th Floor, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
70GF Score

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

$9.11
Price
$7.75
GF Value