Hakuten (TSE:2173) ROCE %: 52.21% (As of Dec. 2025)

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.

TSE:2173 Hakuten Corp TSE:2173
69 GF Score
Price 円697.00
GF Value 円967.56
Valuation Modestly Undervalued
View Full Analysis

What is Hakuten ROCE %?

Hakuten TSE:2173 -1.83% 69 ROCE % is 52.21% as of Dec. 2025. GuruFocus rates TSE:2173 with a GF Score™ of 69/100 and a GF Value™ of 円967.56 (Modestly Undervalued).

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. Hakuten's annualized ROCE % for the quarter that ended in Dec. 2025 was 52.21%.

Hakuten  (TSE:2173) 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.

Hakuten ROCE % Related Terms

Hakuten ROCE % Historical Data

* Premium members only.

The historical data trend for Hakuten'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.

Hakuten ROCE % Chart

Hakuten Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.84 62.36 34.55 40.84 49.74

Hakuten Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 Dec25
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 8.13 59.48 16.65 48.65 52.21
TSE:2173
69GF Score
Hakuten Corp TSE:2173
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuten ROCE % Calculation

Hakuten's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2617.039/( ( (7901.982 - 3231.386) + (10182.975 - 4331.544) )/ 2 )
=2617.039/( (4670.596+5851.431)/ 2 )
=2617.039/5261.0135
=49.74 %

Hakuten's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2858.146/( ( (8163.8 - 3066.502) + (10182.975 - 4331.544) )/ 2 )
=2858.146/( ( 5097.298 + 5851.431 )/ 2 )
=2858.146/5474.3645
=52.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 52.21% mean?
Hakuten (TSE:2173) has a ROCE % of 52.21% as of Dec. 2025.
Is Hakuten's ROCE % too high?
Hakuten's current ROCE % is 52.21%. The Media - Diversified industry median ROCE % is 3.08. Hakuten's value of 52.21% is 1595.1% above this industry median. Overall, Hakuten has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's ROCE % compare to APP and OMC?
Hakuten's ROCE % of 52.21% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. Hakuten's value of 52.21% is 1595.1% 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.08, based on 979 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. Hakuten's current ROCE % of 52.21% is 1595.1% 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 Media - Diversified industry, the median ROCE % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuten's current ROCE % is 52.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.56, compared to a current price of 円697.00 — trading 28% below its estimated fair value. The current ROCE % is 52.21% and 1595.1% above the Media - Diversified industry median of 3.08. Hakuten's overall GF Score™ is 69/100. 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 Hakuten (TSE:2173), the current ROCE % is 52.21% as of Dec. 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 Hakuten (TSE:2173) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuten stock appears to be undervalued. The current stock price of 円697.00 is trading 28% below its estimated GF Value™ of 円967.56. GuruFocus considers Hakuten to be Modestly Undervalued.

Key valuation signals for TSE:2173:

  • ROCE %: 52.21%
  • GF Value™: 円967.56 vs. price of 円697.00 (28% below fair value)
  • GF Score™: 69/100
  • Industry Position: 1595.1% above the Media - Diversified median

No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hakuten Business Description

Address 3-1-1 Kyobashi, 20th Floor, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
69GF Score

Get the complete analysis for TSE:2173

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

円697.00
Price
円967.56
GF Value