Top's (TSE:243A) ROCE %: 8.35% (As of Mar. 2026)


TSE:243A Top's Inc TSE:243A
16 GF Score
Price 円1,122.00
! 5 Warning Signs
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What is Top's ROCE %?

Top's TSE:243A 16 ROCE % is 8.35% as of Mar. 2026. GuruFocus rates TSE:243A with a GF Score™ of 16/100. The stock has 5 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. Top's's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.35%.

Top's  (TSE:243A) 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.

Top's ROCE % Related Terms

Top's ROCE % Historical Data

* Premium members only.

The historical data trend for Top's'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.

Top's ROCE % Chart

Top's Annual Data
Trend Sep22 Sep23 Sep24 Sep25
ROCE %
1.33 3.01 6.91 4.23

Top's Semi-Annual Data
Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 25.32 -11.48 16.30 -5.59 8.35
TSE:243A
16GF Score
Top's Inc TSE:243A
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Top's ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=91.912/( ( (2117.722 - 286.697) + (2845.096 - 330.944) )/ 2 )
=91.912/( (1831.025+2514.152)/ 2 )
=91.912/2172.5885
=4.23 %

Top's'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 )
=211.322/( ( (2845.096 - 330.944) + (2978.153 - 433.013) )/ 2 )
=211.322/( ( 2514.152 + 2545.14 )/ 2 )
=211.322/2529.646
=8.35 %

(1) Note: The EBIT data used here is two times the semi-annual (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 8.35% mean?
Top's (TSE:243A) has a ROCE % of 8.35% as of Mar. 2026.
Is Top's' ROCE % too high?
Top's' current ROCE % is 8.35%. The Restaurants industry median ROCE % is 6.05. Top's' value of 8.35% is 38% above this industry median. Overall, Top's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Top's' ROCE % compare to MCD and SBUX?
Top's' ROCE % of 8.35% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.05. Top's' value of 8.35% is 38% 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 Restaurants company?
The median ROCE % among Restaurants companies is 6.05, based on 352 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. Top's's current ROCE % of 8.35% is 38% 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 Restaurants industry, the median ROCE % is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top's's current ROCE % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top's stock overvalued right now?
Top's (TSE:243A) has a current ROCE % of 8.35%. The current ROCE % is 8.35% and 38% above the Restaurants industry median of 6.05. Top's' overall GF Score™ is 16/100 with 5 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 Top's (TSE:243A), the current ROCE % is 8.35% 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.

Top's Business Description

Address 3-16-11 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Top's Inc is engaged in manufacturing and selling of Western-style confectionery. The company is operating restaurants that serve light meals.
16GF Score

Get the complete analysis for TSE:243A

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

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