Asukanet Co (TSE:2438) ROCE %: 13.60% (As of Apr. 2026)


TSE:2438 Asukanet Co Ltd TSE:2438
52 GF Score
Price 円311.00
GF Value 円506.73
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Asukanet Co ROCE %?

Asukanet Co TSE:2438 +0.65% 52 ROCE % is 13.60% as of Apr. 2026. GuruFocus rates TSE:2438 with a GF Score™ of 52/100 and a GF Value™ of 円506.73 (Significantly Undervalued). The stock has 3 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. Asukanet Co's annualized ROCE % for the quarter that ended in Apr. 2026 was 13.60%.

Asukanet Co  (TSE:2438) 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.

Asukanet Co ROCE % Related Terms

Asukanet Co ROCE % Historical Data

* Premium members only.

The historical data trend for Asukanet 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.

Asukanet Co ROCE % Chart

Asukanet Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.42 9.56 7.23 3.01 7.30

Asukanet Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 11.74 0.53 5.61 1.18 13.60
TSE:2438
52GF Score
Asukanet Co Ltd TSE:2438
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asukanet Co ROCE % Calculation

Asukanet Co's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=391.823/( ( (6349.226 - 957.331) + (6223.323 - 882.817) )/ 2 )
=391.823/( (5391.895+5340.506)/ 2 )
=391.823/5366.2005
=7.30 %

Asukanet Co's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=720.83/( ( (6254.697 - 997.283) + (6223.323 - 882.817) )/ 2 )
=720.83/( ( 5257.414 + 5340.506 )/ 2 )
=720.83/5298.96
=13.60 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 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 13.60% mean?
Asukanet Co (TSE:2438) has a ROCE % of 13.60% as of Apr. 2026.
Is Asukanet Co's ROCE % too high?
Asukanet Co's current ROCE % is 13.60%. The Personal Services industry median ROCE % is 6.08. Asukanet Co's value of 13.60% is 123.7% above this industry median. Overall, Asukanet Co has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asukanet Co's ROCE % compare to ROL and SCI?
Asukanet Co's ROCE % of 13.60% can be compared against companies in the Personal Services industry. The industry median ROCE % is 6.08. Asukanet Co's value of 13.60% is 123.7% 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 Personal Services company?
The median ROCE % among Personal Services companies is 6.08, based on 95 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. Asukanet Co's current ROCE % of 13.60% is 123.7% 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 Personal Services industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asukanet Co's current ROCE % is 13.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asukanet Co stock overvalued right now?
Based on GuruFocus' analysis, Asukanet Co (TSE:2438) is currently considered Significantly Undervalued. The stock's GF Value™ is 円506.73, compared to a current price of 円311.00 — trading 38.6% below its estimated fair value. The current ROCE % is 13.60% and 123.7% above the Personal Services industry median of 6.08. Asukanet Co's overall GF Score™ is 52/100 with 3 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 Asukanet Co (TSE:2438), the current ROCE % is 13.60% as of Apr. 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 Asukanet Co (TSE:2438) Overvalued in 2026?

Based on GuruFocus' analysis, Asukanet Co stock appears to be undervalued. The current stock price of 円311.00 is trading 38.6% below its estimated GF Value™ of 円506.73. GuruFocus considers Asukanet Co to be Significantly Undervalued.

Key valuation signals for TSE:2438:

  • ROCE %: 13.60%
  • GF Value™: 円506.73 vs. price of 円311.00 (38.6% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 123.7% above the Personal Services median

No single metric tells the full story. See the TSE:2438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asukanet Co Business Description

Address 3-28-14 Gion, Asaminami-ku, Hiroshima, JPN
Asukanet Co Ltd is engaged in the business of memorial design services which provides digital processing services for portraits of deceased persons, and the provision of funeral-related production services. It is also engaged in the manufacture and sale of individual photo albums. It is also involved in the research and marketing activities related to aerial imaging technology.
52GF Score

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

円311.00
Price
円506.73
GF Value