Hibino (TSE:2469) ROCE %: 20.82% (As of Mar. 2026)

What is Hibino ROCE %?

Hibino TSE:2469 +1.44% 85 ROCE % is 20.82% as of Mar. 2026. GuruFocus rates TSE:2469 with a GF Score™ of 85/100 and a GF Value™ of 円3,152.39 (Modestly Undervalued). The stock has 1 warning sign 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. Hibino's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.82%.

Hibino (TSE:2469) 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.

Hibino ROCE % Related Terms

Hibino ROCE % Historical Data

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The historical data trend for Hibino'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.

Hibino ROCE % Chart

Hibino Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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10.69

7.47

15.40

16.37

21.51

Hibino 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															20.83	13.67	17.99	20.96	20.82

85GF Score

Hibino Corp TSE:2469

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

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Hibino ROCE % Calculation

Hibino'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 )
	=	5184	/	( ( (44112 - 21730)	+	(44470 - 18662) )	/ 2 )
	=	5184	/	( (22382	+	25808)	/ 2 )
	=	5184	/	24095
	=	21.51 %

Hibino'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 )
	=	5346	/	( ( (45072 - 19523)	+	(44470 - 18662) )	/ 2 )
	=	5346	/	( ( 25549	+	25808 )	/ 2 )
	=	5346	/	25678.5
	=	20.82 %

(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 20.82% mean?

Hibino (TSE:2469) has a ROCE % of 20.82% as of Mar. 2026.

Is Hibino's ROCE % too high?

Hibino's current ROCE % is 20.82%. The Hardware industry median ROCE % is 5.87. Hibino's value of 20.82% is 255% above this industry median. Overall, Hibino has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Hibino's ROCE % compare to AAPL?

Hibino's ROCE % of 20.82% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.87. Hibino's value of 20.82% is 255% 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 Hardware company?

The median ROCE % among Hardware companies is 5.87, based on 2,454 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. Hibino's current ROCE % of 20.82% is 255% 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 Hardware industry, the median ROCE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hibino's current ROCE % is 20.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hibino stock overvalued right now?

Based on GuruFocus' analysis, Hibino (TSE:2469) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,152.39, compared to a current price of 円2,739.00 — trading 13.1% below its estimated fair value. The current ROCE % is 20.82% and 255% above the Hardware industry median of 5.87. Hibino's overall GF Score™ is 85/100 with 1 warning sign 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 Hibino (TSE:2469), the current ROCE % is 20.82% 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 Hibino (TSE:2469) Overvalued in 2026?

Based on GuruFocus' analysis, Hibino stock appears to be undervalued. The current stock price of 円2,739.00 is trading 13.1% below its estimated GF Value™ of 円3,152.39. GuruFocus considers Hibino to be Modestly Undervalued.

Key valuation signals for TSE:2469:

ROCE %: 20.82%
GF Value™: 円3,152.39 vs. price of 円2,739.00 (13.1% below fair value)
GF Score™: 85/100 with 1 warning sign
Industry Position: 255% above the Hardware median

No single metric tells the full story. See the TSE:2469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hibino Business Description

Industry Technology Hardware

Comparable Companies TSE:6927 TSE:5906 TSE:8144 TSE:6898 TSE:6694 TSE:6794 TSE:6810 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 SZSE:300857 XKRX:066570 SHSE:603296 HKSE:03296 SZSE:002241 NSE:LGEINDIA XKRX:003550 SHSE:688036

Address 3-5-14, Konan, Minato-ku, Tokyo, JPN, 108-0075

Website https://www.hibino.co.jp

Hibino Corp is engaged in the sale and installation of audio-visual equipment. It offers products and services in the Audio-Visual field. Its business activities are divided into Hibino visual division is engaged in the planning of large screens and video systems used for concerts and events, equipment rental, and operation. Hibino sound division offers a sound system for the concert, equipment rental, recording of concerts and events, studio recording, track down, and mastering. The segments include: Sales and construction business; Building sound construction business; and Concerts and events service business. It derives maximum revenue from Concerts and events service business.

85GF Score

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

円2,739.00

Price

円3,152.39

GF Value

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