Ichigo (TSE:2337) ROCE %: 7.28% (As of May. 2026)

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TSE:2337 Ichigo Inc TSE:2337
74 GF Score
Price 円431.00
GF Value 円461.13
Valuation Fairly Valued
! 4 Warning Signs
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What is Ichigo ROCE %?

Ichigo TSE:2337 +4.11% 74 ROCE % is 7.28% as of May. 2026. GuruFocus rates TSE:2337 with a GF Score™ of 74/100 and a GF Value™ of 円461.13 (Fairly Valued). The stock has 4 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. Ichigo's annualized ROCE % for the quarter that ended in May. 2026 was 7.28%.

Ichigo  (TSE:2337) 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.

Ichigo ROCE % Related Terms

Ichigo ROCE % Historical Data

* Premium members only.

The historical data trend for Ichigo'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.

Ichigo ROCE % Chart

Ichigo Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 5.15 6.45 7.22 7.69

Ichigo Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.73 11.02 4.14 10.23 7.28
TSE:2337
74GF Score
Ichigo Inc TSE:2337
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichigo ROCE % Calculation

Ichigo's annualized ROCE % for the fiscal year that ended in Feb. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=28846/( ( (406715 - 29143) + (435820 - 62848) )/ 2 )
=28846/( (377572+372972)/ 2 )
=28846/375272
=7.69 %

Ichigo's ROCE % of for the quarter that ended in May. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=27672/( ( (435820 - 62848) + (445099 - 58104) )/ 2 )
=27672/( ( 372972 + 386995 )/ 2 )
=27672/379983.5
=7.28 %

(1) Note: The EBIT data used here is four times the quarterly (May. 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 7.28% mean?
Ichigo (TSE:2337) has a ROCE % of 7.28% as of May. 2026.
Is Ichigo's ROCE % too high?
Ichigo's current ROCE % is 7.28%. The Real Estate industry median ROCE % is 4.69. Ichigo's value of 7.28% is 55.4% above this industry median. Overall, Ichigo has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichigo's ROCE % compare to CBRE and BEKE?
Ichigo's ROCE % of 7.28% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.69. Ichigo's value of 7.28% is 55.4% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.69, based on 1,760 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. Ichigo's current ROCE % of 7.28% is 55.4% 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 Real Estate industry, the median ROCE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current ROCE % is 7.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Based on GuruFocus' analysis, Ichigo (TSE:2337) is currently considered Fairly Valued. The stock's GF Value™ is 円461.13, compared to a current price of 円431.00 — trading 6.5% below its estimated fair value. The current ROCE % is 7.28% and 55.4% above the Real Estate industry median of 4.69. Ichigo's overall GF Score™ is 74/100 with 4 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 Ichigo (TSE:2337), the current ROCE % is 7.28% as of May. 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 Ichigo (TSE:2337) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo stock appears to be undervalued. The current stock price of 円431.00 is trading 6.5% below its estimated GF Value™ of 円461.13. GuruFocus considers Ichigo to be Fairly Valued.

Key valuation signals for TSE:2337:

  • ROCE %: 7.28%
  • GF Value™: 円461.13 vs. price of 円431.00 (6.5% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 55.4% above the Real Estate median

No single metric tells the full story. See the TSE:2337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ichigo Business Description

Address 2-6-1 Marunouchi, 17th Floor, The Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
74GF Score

Get the complete analysis for TSE:2337

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

円431.00
Price
円461.13
GF Value