Shinobu Foods Products Co (TSE:2903) ROCE %: 10.51% (As of Mar. 2026)

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TSE:2903 Shinobu Foods Products Co Ltd TSE:2903
69 GF Score
Price 円1,702.00
GF Value 円1,270.15
Valuation Significantly Overvalued
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What is Shinobu Foods Products Co ROCE %?

Shinobu Foods Products Co TSE:2903 -0.53% 69 ROCE % is 10.51% as of Mar. 2026. GuruFocus rates TSE:2903 with a GF Score™ of 69/100 and a GF Value™ of 円1,270.15 (Significantly Overvalued).

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. Shinobu Foods Products Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.51%.

Shinobu Foods Products Co  (TSE:2903) 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.

Shinobu Foods Products Co ROCE % Related Terms

Shinobu Foods Products Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shinobu Foods Products 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.

Shinobu Foods Products Co ROCE % Chart

Shinobu Foods Products Co 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 7.24 2.42 8.04 7.07 12.70

Shinobu Foods Products 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 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 2.63 12.02 1.67 14.72 10.51
TSE:2903
69GF Score
Shinobu Foods Products Co Ltd TSE:2903
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinobu Foods Products Co ROCE % Calculation

Shinobu Foods Products 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 )
=2338/( ( (29684 - 10563) + (28399 - 10711) )/ 2 )
=2338/( (19121+17688)/ 2 )
=2338/18404.5
=12.70 %

Shinobu Foods Products 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 )
=1904/( ( (29471 - 10921) + (28399 - 10711) )/ 2 )
=1904/( ( 18550 + 17688 )/ 2 )
=1904/18119
=10.51 %

(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 10.51% mean?
Shinobu Foods Products Co (TSE:2903) has a ROCE % of 10.51% as of Mar. 2026.
Is Shinobu Foods Products Co's ROCE % too high?
Shinobu Foods Products Co's current ROCE % is 10.51%. The Consumer Packaged Goods industry median ROCE % is 8.88. Shinobu Foods Products Co's value of 10.51% is 18.4% above this industry median. Overall, Shinobu Foods Products Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinobu Foods Products Co's ROCE % compare to KHC and GIS?
Shinobu Foods Products Co's ROCE % of 10.51% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.88. Shinobu Foods Products Co's value of 10.51% is 18.4% 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.88, based on 1,943 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. Shinobu Foods Products Co's current ROCE % of 10.51% is 18.4% 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 Consumer Packaged Goods industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinobu Foods Products Co's current ROCE % is 10.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinobu Foods Products Co stock overvalued right now?
Based on GuruFocus' analysis, Shinobu Foods Products Co (TSE:2903) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,270.15, compared to a current price of 円1,702.00 — trading 34% above its estimated fair value. The current ROCE % is 10.51% and 18.4% above the Consumer Packaged Goods industry median of 8.88. Shinobu Foods Products Co's overall GF Score™ is 69/100. 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 Shinobu Foods Products Co (TSE:2903), the current ROCE % is 10.51% 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 Shinobu Foods Products Co (TSE:2903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinobu Foods Products Co stock appears to be overvalued. The current stock price of 円1,702.00 is trading 34% above its estimated GF Value™ of 円1,270.15. GuruFocus considers Shinobu Foods Products Co to be Significantly Overvalued.

Key valuation signals for TSE:2903:

  • ROCE %: 10.51%
  • GF Value™: 円1,270.15 vs. price of 円1,702.00 (34% above fair value)
  • GF Score™: 69/100
  • Industry Position: 18.4% above the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shinobu Foods Products Co Business Description

Address 2-3-18 Takeshima, Nishiyodogawa Ward, Osaka, JPN
Shinobu Foods Products Co Ltd is a Japanese food company. It offers processed food products. The product portfolio of the company includes Onigiri Q, Mckee bar, rice ball onigiri, fluffy rice ball, cabbage dinner meal box and others.
69GF Score

Get the complete analysis for TSE:2903

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

円1,702.00
Price
円1,270.15
GF Value