Tomen Devices (TSE:2737) ROCE %: 26.71% (As of Mar. 2026)

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TSE:2737 Tomen Devices Corp TSE:2737
76 GF Score
Price 円16,180.00
GF Value 円10,323.67
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tomen Devices ROCE %?

Tomen Devices TSE:2737 +7.01% 76 ROCE % is 26.71% as of Mar. 2026. GuruFocus rates TSE:2737 with a GF Score™ of 76/100 and a GF Value™ of 円10,323.67 (Significantly 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. Tomen Devices's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.71%.

Tomen Devices  (TSE:2737) 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.

Tomen Devices ROCE % Related Terms

Tomen Devices ROCE % Historical Data

* Premium members only.

The historical data trend for Tomen Devices'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.

Tomen Devices ROCE % Chart

Tomen Devices Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.46 18.37 8.78 19.22 27.85

Tomen Devices 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 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 15.41 27.83 11.26 30.42 26.71
TSE:2737
76GF Score
Tomen Devices Corp TSE:2737
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomen Devices ROCE % Calculation

Tomen Devices'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 )
=15388/( ( (113970 - 63566) + (344957 - 284860) )/ 2 )
=15388/( (50404+60097)/ 2 )
=15388/55250.5
=27.85 %

Tomen Devices'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 )
=15078/( ( (184998 - 132196) + (344957 - 284860) )/ 2 )
=15078/( ( 52802 + 60097 )/ 2 )
=15078/56449.5
=26.71 %

(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 26.71% mean?
Tomen Devices (TSE:2737) has a ROCE % of 26.71% as of Mar. 2026.
Is Tomen Devices' ROCE % too high?
Tomen Devices' current ROCE % is 26.71%. The Semiconductors industry median ROCE % is 4.83. Tomen Devices' value of 26.71% is 453.6% above this industry median. Overall, Tomen Devices has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomen Devices' ROCE % compare to NVDA and AVGO?
Tomen Devices' ROCE % of 26.71% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.83. Tomen Devices' value of 26.71% is 453.6% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.83, based on 1,018 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. Tomen Devices's current ROCE % of 26.71% is 453.6% 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 Semiconductors industry, the median ROCE % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomen Devices's current ROCE % is 26.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomen Devices stock overvalued right now?
Based on GuruFocus' analysis, Tomen Devices (TSE:2737) is currently considered Significantly Overvalued. The stock's GF Value™ is 円10,323.67, compared to a current price of 円16,180.00 — trading 56.7% above its estimated fair value. The current ROCE % is 26.71% and 453.6% above the Semiconductors industry median of 4.83. Tomen Devices' overall GF Score™ is 76/100 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 Tomen Devices (TSE:2737), the current ROCE % is 26.71% 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 Tomen Devices (TSE:2737) Overvalued in 2026?

Based on GuruFocus' analysis, Tomen Devices stock appears to be overvalued. The current stock price of 円16,180.00 is trading 56.7% above its estimated GF Value™ of 円10,323.67. GuruFocus considers Tomen Devices to be Significantly Overvalued.

Key valuation signals for TSE:2737:

  • ROCE %: 26.71%
  • GF Value™: 円10,323.67 vs. price of 円16,180.00 (56.7% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 453.6% above the Semiconductors median

No single metric tells the full story. See the TSE:2737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tomen Devices Business Description

Address 8-12, Harumi 1-chome, Chuo-ku, Tokyo, JPN, 104-6230
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.
76GF Score

Get the complete analysis for TSE:2737

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

円16,180.00
Price
円10,323.67
GF Value