Taihei Dengyo Kaisha (TSE:1968) ROCE %: 11.84% (As of Mar. 2026)

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TSE:1968 Taihei Dengyo Kaisha Ltd TSE:1968
77 GF Score
Price 円2,467.00
GF Value 円1,744.77
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Taihei Dengyo Kaisha ROCE %?

Taihei Dengyo Kaisha TSE:1968 -0.16% 77 ROCE % is 11.84% as of Mar. 2026. GuruFocus rates TSE:1968 with a GF Score™ of 77/100 and a GF Value™ of 円1,744.77 (Significantly Overvalued). 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. Taihei Dengyo Kaisha's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.84%.

Taihei Dengyo Kaisha  (TSE:1968) 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.

Taihei Dengyo Kaisha ROCE % Related Terms

Taihei Dengyo Kaisha ROCE % Historical Data

* Premium members only.

The historical data trend for Taihei Dengyo Kaisha'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.

Taihei Dengyo Kaisha ROCE % Chart

Taihei Dengyo Kaisha 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 13.50 15.00 10.87 12.04 12.67

Taihei Dengyo Kaisha 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 9.01 5.11 10.72 23.42 11.84
TSE:1968
77GF Score
Taihei Dengyo Kaisha Ltd TSE:1968
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taihei Dengyo Kaisha ROCE % Calculation

Taihei Dengyo Kaisha'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 )
=17716/( ( (155076 - 23491) + (175365 - 27321) )/ 2 )
=17716/( (131585+148044)/ 2 )
=17716/139814.5
=12.67 %

Taihei Dengyo Kaisha'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 )
=17176/( ( (165984 - 23779) + (175365 - 27321) )/ 2 )
=17176/( ( 142205 + 148044 )/ 2 )
=17176/145124.5
=11.84 %

(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 11.84% mean?
Taihei Dengyo Kaisha (TSE:1968) has a ROCE % of 11.84% as of Mar. 2026.
Is Taihei Dengyo Kaisha's ROCE % too high?
Taihei Dengyo Kaisha's current ROCE % is 11.84%. The Construction industry median ROCE % is 8.23. Taihei Dengyo Kaisha's value of 11.84% is 43.9% above this industry median. Overall, Taihei Dengyo Kaisha has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's ROCE % compare to PWR and FIX?
Taihei Dengyo Kaisha's ROCE % of 11.84% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Taihei Dengyo Kaisha's value of 11.84% is 43.9% 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 1,755 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. Taihei Dengyo Kaisha's current ROCE % of 11.84% is 43.9% 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. Taihei Dengyo Kaisha's current ROCE % is 11.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,744.77, compared to a current price of 円2,467.00 — trading 41.4% above its estimated fair value. The current ROCE % is 11.84% and 43.9% above the Construction industry median of 8.23. Taihei Dengyo Kaisha's overall GF Score™ is 77/100 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 Taihei Dengyo Kaisha (TSE:1968), the current ROCE % is 11.84% 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued. The current stock price of 円2,467.00 is trading 41.4% above its estimated GF Value™ of 円1,744.77. GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:1968:

  • ROCE %: 11.84%
  • GF Value™: 円1,744.77 vs. price of 円2,467.00 (41.4% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 43.9% above the Construction median

No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taihei Dengyo Kaisha Business Description

Address 2-4, Kanda, Jimbo-cho, Chiyoda-ku, Tokyo, JPN, 101-8416
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
77GF Score

Get the complete analysis for TSE:1968

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

円2,467.00
Price
円1,744.77
GF Value