Sato Foods Co (TSE:2923) ROCE %: 7.13% (As of Apr. 2026)

What is Sato Foods Co ROCE %?

Sato Foods Co TSE:2923 +0.94% 73 ROCE % is 7.13% as of Apr. 2026. GuruFocus rates TSE:2923 with a GF Score™ of 73/100 and a GF Value™ of 円8,275.62 (Fairly Valued). 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. Sato Foods Co's annualized ROCE % for the quarter that ended in Apr. 2026 was 7.13%.

Sato Foods Co (TSE:2923) 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.

Sato Foods Co ROCE % Related Terms

Sato Foods Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sato Foods 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.

Sato Foods Co ROCE % Chart

Sato Foods Co Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

Apr26

ROCE %

Get a 7-Day Free Trial

12.60

10.03

9.86

8.57

11.01

Sato Foods Co Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
ROCE %	Get a 7-Day Free Trial															11.81	6.68	10.71	15.14	7.13

73GF Score

Sato Foods Co Ltd TSE:2923

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

View Full Analysis

Sato Foods Co ROCE % Calculation

Sato Foods Co's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2026 )		(A: Apr. 2025 )		(A: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2026 )		(A: Apr. 2025 )		(A: Apr. 2026 )
	=	4226.526	/	( ( (48839.813 - 12142.434)	+	(57951.436 - 17843.098) )	/ 2 )
	=	4226.526	/	( (36697.379	+	40108.338)	/ 2 )
	=	4226.526	/	38402.8585
	=	11.01 %

Sato Foods Co's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Oct. 2025 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Oct. 2025 )		(Q: Apr. 2026 )
	=	2789.056	/	( ( (61033.07 - 22931.528)	+	(57951.436 - 17843.098) )	/ 2 )
	=	2789.056	/	( ( 38101.542	+	40108.338 )	/ 2 )
	=	2789.056	/	39104.94
	=	7.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 7.13% mean?

Sato Foods Co (TSE:2923) has a ROCE % of 7.13% as of Apr. 2026.

Is Sato Foods Co's ROCE % too high?

Sato Foods Co's current ROCE % is 7.13%. The Consumer Packaged Goods industry median ROCE % is 8.79. Sato Foods Co's value of 7.13% is 18.9% below this industry median. Overall, Sato Foods Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Sato Foods Co's ROCE % compare to KHC and GIS?

Sato Foods Co's ROCE % of 7.13% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.79. Sato Foods Co's value of 7.13% is 18.9% below 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 8.79, based on 1,941 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. Sato Foods Co's current ROCE % of 7.13% is 18.9% below 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 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current ROCE % is 7.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sato Foods Co stock overvalued right now?

Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,275.62, compared to a current price of 円8,600.00 — trading 3.9% above its estimated fair value. The current ROCE % is 7.13% and 18.9% below the Consumer Packaged Goods industry median of 8.79. Sato Foods Co's overall GF Score™ is 73/100 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 Sato Foods Co (TSE:2923), the current ROCE % is 7.13% as of Apr. 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 Sato Foods Co (TSE:2923) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Foods Co stock appears to be overvalued. The current stock price of 円8,600.00 is trading 3.9% above its estimated GF Value™ of 円8,275.62. GuruFocus considers Sato Foods Co to be Fairly Valued.

Key valuation signals for TSE:2923:

ROCE %: 7.13%
GF Value™: 円8,275.62 vs. price of 円8,600.00 (3.9% above fair value)
GF Score™: 73/100 with 5 warning signs
Industry Position: 18.9% below the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sato Foods Co Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TSE:2594 TSE:2908 TSE:2669 TSE:1375 TSE:2918 TSE:2910 TSE:2060 TSE:2820 TSE:2831 TSE:2612 XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Address 13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730

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

Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.

73GF Score

Get the complete analysis for TSE:2923

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

円8,600.00

Price

円8,275.62

GF Value

View TSE:2923 Analysis

See ROCE % data for all stocks →