Kyowanissei Co (TSE:1981) ROCE %: 8.06% (As of Mar. 2026)

What is Kyowanissei Co ROCE %?

Kyowanissei Co TSE:1981 -0.15% 62 ROCE % is 8.06% as of Mar. 2026. GuruFocus rates TSE:1981 with a GF Score™ of 62/100 and a GF Value™ of 円1,645.78 (Modestly Undervalued). 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. Kyowanissei Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.06%.

Kyowanissei Co (TSE:1981) 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.

Kyowanissei Co ROCE % Related Terms

Kyowanissei Co ROCE % Historical Data

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The historical data trend for Kyowanissei 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.

Kyowanissei Co ROCE % Chart

Kyowanissei Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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8.28

7.36

6.68

7.67

6.83

Kyowanissei Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															10.39	1.83	13.60	5.83	8.06

62GF Score

Kyowanissei Co Ltd TSE:1981

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

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Kyowanissei Co ROCE % Calculation

Kyowanissei 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 )
	=	1369.557	/	( ( (28357.669 - 8940.228)	+	(29691.852 - 9021.831) )	/ 2 )
	=	1369.557	/	( (19417.441	+	20670.021)	/ 2 )
	=	1369.557	/	20043.731
	=	6.83 %

Kyowanissei 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: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	1610.358	/	( ( (27797.124 - 8484.561)	+	(29691.852 - 9021.831) )	/ 2 )
	=	1610.358	/	( ( 19312.563	+	20670.021 )	/ 2 )
	=	1610.358	/	19991.292
	=	8.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.06% mean?

Kyowanissei Co (TSE:1981) has a ROCE % of 8.06% as of Mar. 2026.

Is Kyowanissei Co's ROCE % too high?

Kyowanissei Co's current ROCE % is 8.06%. The Construction industry median ROCE % is 8.22. Kyowanissei Co's value of 8.06% is 1.9% below this industry median. Overall, Kyowanissei Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Kyowanissei Co's ROCE % compare to TT and JCI?

Kyowanissei Co's ROCE % of 8.06% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Kyowanissei Co's value of 8.06% is 1.9% 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 Construction company?

The median ROCE % among Construction companies is 8.22, based on 1,749 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. Kyowanissei Co's current ROCE % of 8.06% is 1.9% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowanissei Co's current ROCE % is 8.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kyowanissei Co stock overvalued right now?

Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,645.78, compared to a current price of 円1,308.00 — trading 20.5% below its estimated fair value. The current ROCE % is 8.06% and 1.9% below the Construction industry median of 8.22. Kyowanissei Co's overall GF Score™ is 62/100 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 Kyowanissei Co (TSE:1981), the current ROCE % is 8.06% 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,308.00 is trading 20.5% below its estimated GF Value™ of 円1,645.78. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

ROCE %: 8.06%
GF Value™: 円1,645.78 vs. price of 円1,308.00 (20.5% below fair value)
GF Score™: 62/100 with 2 warning signs
Industry Position: 1.9% below the Construction median

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kyowanissei Co Business Description

Industry Industrials Construction

Comparable Companies TSE:5958 TSE:5237 TSE:5268 TSE:4026 TSE:6230 TSE:7879 TSE:7820 TSE:4224 TSE:5940 TSE:9872 TT JCI CARR XPAR:SGO TSE:6367 XSWX:GEBN LII MAIR DUB:KRX MAS

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042

Website http://www.kyowa-nissei.co.jp

Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.

62GF Score

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

円1,308.00

Price

円1,645.78

GF Value

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