Kodensha Co (TSE:1948) ROCE %: 16.67% (As of Sep. 2025)

What is Kodensha Co ROCE %?

Kodensha Co TSE:1948 -0.09% 53 ROCE % is 16.67% as of Sep. 2025. GuruFocus rates TSE:1948 with a GF Score™ of 53/100 and a GF Value™ of 円1,375.45 (Significantly Overvalued). The stock has 6 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. Kodensha Co's annualized ROCE % for the quarter that ended in Sep. 2025 was 16.67%.

Kodensha Co (TSE:1948) 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.

Kodensha Co ROCE % Related Terms

Kodensha Co ROCE % Historical Data

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The historical data trend for Kodensha 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.

Kodensha Co ROCE % Chart

Kodensha Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

ROCE %

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7.09

2.84

4.51

6.57

17.37

Kodensha Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25
ROCE %	Get a 7-Day Free Trial															4.06	14.82	0.00	2.07	16.67

53GF Score

Kodensha Co Ltd TSE:1948

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Kodensha Co ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	3789	/	( ( (32424 - 11397)	+	(33375 - 10781) )	/ 2 )
	=	3789	/	( (21027	+	22594)	/ 2 )
	=	3789	/	21810.5
	=	17.37 %

Kodensha Co's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2025 )		(Q: Jun. 2025 )		(Q: Sep. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2025 )		(Q: Jun. 2025 )		(Q: Sep. 2025 )
	=	3768	/	( ( (30466 - 8308)	+	(33463 - 10426) )	/ 2 )
	=	3768	/	( ( 22158	+	23037 )	/ 2 )
	=	3768	/	22597.5
	=	16.67 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 16.67% mean?

Kodensha Co (TSE:1948) has a ROCE % of 16.67% as of Sep. 2025.

Is Kodensha Co's ROCE % too high?

Kodensha Co's current ROCE % is 16.67%. The Construction industry median ROCE % is 8.23. Kodensha Co's value of 16.67% is 102.7% above this industry median. Overall, Kodensha Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Kodensha Co's ROCE % compare to PWR and FIX?

Kodensha Co's ROCE % of 16.67% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Kodensha Co's value of 16.67% is 102.7% 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 Construction company?

The median ROCE % among Construction companies is 8.23, based on 1,752 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. Kodensha Co's current ROCE % of 16.67% is 102.7% 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodensha Co's current ROCE % is 16.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kodensha Co stock overvalued right now?

Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,375.45, compared to a current price of 円11,410.00 — trading 729.5% above its estimated fair value. The current ROCE % is 16.67% and 102.7% above the Construction industry median of 8.23. Kodensha Co's overall GF Score™ is 53/100 with 6 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 Kodensha Co (TSE:1948), the current ROCE % is 16.67% as of Sep. 2025. 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 Kodensha Co (TSE:1948) Overvalued in 2026?

Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued. The current stock price of 円11,410.00 is trading 729.5% above its estimated GF Value™ of 円1,375.45. GuruFocus considers Kodensha Co to be Significantly Overvalued.

Key valuation signals for TSE:1948:

ROCE %: 16.67%
GF Value™: 円1,375.45 vs. price of 円11,410.00 (729.5% above fair value)
GF Score™: 53/100 with 6 warning signs
Industry Position: 102.7% above the Construction median

No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kodensha Co Business Description

Industry Industrials Construction

Comparable Companies TSE:1939 TSE:1871 TSE:5911 TSE:6330 TSE:1975 TSE:1976 TSE:1965 TSE:9716 TSE:6379 TSE:6226 PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Address 5-11-10 Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website https://www.kk-kodensha.co.jp

Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.

53GF Score

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

円11,410.00

Price

円1,375.45

GF Value

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