Tsukuruba (TSE:2978) ROCE %: -1.02% (As of Jan. 2026)


TSE:2978 Tsukuruba Inc TSE:2978
52 GF Score
Price 円345.00
GF Value 円1,817.98
Valuation Possible Value Trap
! 9 Warning Signs
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What is Tsukuruba ROCE %?

Tsukuruba TSE:2978 -1.15% 52 ROCE % is -1.02% as of Jan. 2026. GuruFocus rates TSE:2978 with a GF Score™ of 52/100 and a GF Value™ of 円1,817.98 (Possible Value Trap). The stock has 9 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. Tsukuruba's annualized ROCE % for the quarter that ended in Jan. 2026 was -1.02%.

Tsukuruba  (TSE:2978) 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.

Tsukuruba ROCE % Related Terms

Tsukuruba ROCE % Historical Data

* Premium members only.

The historical data trend for Tsukuruba'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.

Tsukuruba ROCE % Chart

Tsukuruba Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROCE %
Get a 7-Day Free Trial Premium Member Only -21.07 -32.74 -6.49 9.32 8.14

Tsukuruba Semi-Annual Data
Jul17 Jul18 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 11.80 7.37 1.61 14.27 -1.02
TSE:2978
52GF Score
Tsukuruba Inc TSE:2978
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsukuruba ROCE % Calculation

Tsukuruba's annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=209.754/( ( (4221.55 - 1707.432) + (6141.447 - 3499.629) )/ 2 )
=209.754/( (2514.118+2641.818)/ 2 )
=209.754/2577.968
=8.14 %

Tsukuruba's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=-26.18/( ( (6141.447 - 3499.629) + (6795.859 - 4317.288) )/ 2 )
=-26.18/( ( 2641.818 + 2478.571 )/ 2 )
=-26.18/2560.1945
=-1.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 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 -1.02% mean?
Tsukuruba (TSE:2978) has a ROCE % of -1.02% as of Jan. 2026.
Is Tsukuruba's ROCE % too high?
Tsukuruba's current ROCE % is -1.02%. Overall, Tsukuruba has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tsukuruba's ROCE % compare to CBRE and BEKE?
Tsukuruba's ROCE % of -1.02% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.64, based on 1,760 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. 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukuruba's current ROCE % is -1.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukuruba stock overvalued right now?
Based on GuruFocus' analysis, Tsukuruba (TSE:2978) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,817.98, compared to a current price of 円345.00 — trading 81% below its estimated fair value. The current ROCE % is -1.02%. Tsukuruba's overall GF Score™ is 52/100 with 9 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 Tsukuruba (TSE:2978), the current ROCE % is -1.02% as of Jan. 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 Tsukuruba (TSE:2978) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuruba stock appears to be undervalued. The current stock price of 円345.00 is trading 81% below its estimated GF Value™ of 円1,817.98. GuruFocus considers Tsukuruba to be Possible Value Trap.

Key valuation signals for TSE:2978:

  • ROCE %: -1.02%
  • GF Value™: 円1,817.98 vs. price of 円345.00 (81% below fair value)
  • GF Score™: 52/100 with 9 warning signs

No single metric tells the full story. See the TSE:2978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tsukuruba Business Description

Address 1-1-5 Kamimeguro, 2nd Ikura Building, 2nd Floor, Meguro-ku, Tokyo, JPN, 153-0051
Tsukuruba Inc operates as a distribution platform "cowcamo" for renovation housing utilizing information technology.
52GF Score

Get the complete analysis for TSE:2978

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

円345.00
Price
円1,817.98
GF Value