Hard Off Co (TSE:2674) ROCE %: 20.52% (As of Mar. 2026)

What is Hard Off Co ROCE %?

Hard Off Co TSE:2674 -1.28% 77 ROCE % is 20.52% as of Mar. 2026. GuruFocus rates TSE:2674 with a GF Score™ of 77/100 and a GF Value™ of 円2,348.36 (Modestly Overvalued). The stock has 7 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. Hard Off Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.52%.

Hard Off Co (TSE:2674) 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.

Hard Off Co ROCE % Related Terms

Hard Off Co ROCE % Historical Data

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The historical data trend for Hard Off 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.

Hard Off Co ROCE % Chart

Hard Off Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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11.16

15.51

16.83

17.23

17.00

Hard Off Co 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															19.82	17.42	17.65	14.60	20.52

77GF Score

Hard Off Corporation Co Ltd TSE:2674

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

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Hard Off Co ROCE % Calculation

Hard Off Co'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 )
	=	3586.693	/	( ( (25617.734 - 6040.022)	+	(31600.55 - 8970.857) )	/ 2 )
	=	3586.693	/	( (19577.712	+	22629.693)	/ 2 )
	=	3586.693	/	21103.7025
	=	17.00 %

Hard Off Co'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 )
	=	4322.212	/	( ( (27642.33 - 8154.432)	+	(31600.55 - 8970.857) )	/ 2 )
	=	4322.212	/	( ( 19487.898	+	22629.693 )	/ 2 )
	=	4322.212	/	21058.7955
	=	20.52 %

(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 20.52% mean?

Hard Off Co (TSE:2674) has a ROCE % of 20.52% as of Mar. 2026.

Is Hard Off Co's ROCE % too high?

Hard Off Co's current ROCE % is 20.52%. The Retail - Cyclical industry median ROCE % is 7.59. Hard Off Co's value of 20.52% is 170.5% above this industry median. Overall, Hard Off Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hard Off Co's ROCE % compare to CASY and WSM?

Hard Off Co's ROCE % of 20.52% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Hard Off Co's value of 20.52% is 170.5% 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 Retail - Cyclical company?

The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,112 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. Hard Off Co's current ROCE % of 20.52% is 170.5% 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 Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hard Off Co's current ROCE % is 20.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hard Off Co stock overvalued right now?

Based on GuruFocus' analysis, Hard Off Co (TSE:2674) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,348.36, compared to a current price of 円2,615.00 — trading 11.4% above its estimated fair value. The current ROCE % is 20.52% and 170.5% above the Retail - Cyclical industry median of 7.59. Hard Off Co's overall GF Score™ is 77/100 with 7 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 Hard Off Co (TSE:2674), the current ROCE % is 20.52% 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 Hard Off Co (TSE:2674) Overvalued in 2026?

Based on GuruFocus' analysis, Hard Off Co stock appears to be overvalued. The current stock price of 円2,615.00 is trading 11.4% above its estimated GF Value™ of 円2,348.36. GuruFocus considers Hard Off Co to be Modestly Overvalued.

Key valuation signals for TSE:2674:

ROCE %: 20.52%
GF Value™: 円2,348.36 vs. price of 円2,615.00 (11.4% above fair value)
GF Score™: 77/100 with 7 warning signs
Industry Position: 170.5% above the Retail - Cyclical median

No single metric tells the full story. See the TSE:2674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hard Off Co Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSE:9270 TSE:9441 TSE:3333 TSE:3159 TSE:9278 TSE:3660 TSE:4931 TSE:2751 TSE:3093 TSE:8289 TSX:ATD XJAM:ASBH CASY WSM ULTA DKS SHSE:601888 TSCO BBY ADX:ADNOCDIST

Address 3-1-13 Shin-Eicho, Shibata-shi, Niigata, JPN, 957-0063

Website http://www.hardoff.co.jp

Hard Off Corporation Co Ltd is a Japan-based company engaged in the reuse business. Its business activities include the purchase of used and unnecessary items from the customers, carry out repair, maintenance, inspection, and cleaning and sell to the customers. Products offered by the Hard Off Corporation include a personal computer, musical instruments, furniture, clothing for men; women; and children, trading cards, game, plastic model, toy, car supplies, bags and accessories, books, wine, champagne, beer, sake and shochu.

77GF Score

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

円2,615.00

Price

円2,348.36

GF Value

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