ZEAL Associate (TSE:329A) ROCE %: 11.52% (As of Feb. 2026)

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TSE:329A ZEAL Associate Corp TSE:329A
16 GF Score
Price 円211.60
! 3 Warning Signs
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What is ZEAL Associate ROCE %?

ZEAL Associate TSE:329A 16 ROCE % is 11.52% as of Feb. 2026. GuruFocus rates TSE:329A with a GF Score™ of 16/100. The stock has 3 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. ZEAL Associate's annualized ROCE % for the quarter that ended in Feb. 2026 was 11.52%.

ZEAL Associate  (TSE:329A) 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.

ZEAL Associate ROCE % Related Terms

ZEAL Associate ROCE % Historical Data

* Premium members only.

The historical data trend for ZEAL Associate'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.

ZEAL Associate ROCE % Chart

ZEAL Associate Annual Data
Trend Aug23 Aug24 Aug25
ROCE %
3.02 8.02 9.29

ZEAL Associate Semi-Annual Data
Aug23 Aug24 Feb25 Aug25 Feb26
ROCE % 0.00 0.00 6.23 13.12 11.52
TSE:329A
16GF Score
ZEAL Associate Corp TSE:329A
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Associate ROCE % Calculation

ZEAL Associate's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=89.386/( ( (1738.774 - 776.713) + (1654.33 - 691.21) )/ 2 )
=89.386/( (962.061+963.12)/ 2 )
=89.386/962.5905
=9.29 %

ZEAL Associate's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=119.8/( ( (1654.33 - 691.21) + (1708.365 - 591.235) )/ 2 )
=119.8/( ( 963.12 + 1117.13 )/ 2 )
=119.8/1040.125
=11.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 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 11.52% mean?
ZEAL Associate (TSE:329A) has a ROCE % of 11.52% as of Feb. 2026.
Is ZEAL Associate's ROCE % too high?
ZEAL Associate's current ROCE % is 11.52%. The Conglomerates industry median ROCE % is 7.04. ZEAL Associate's value of 11.52% is 63.6% above this industry median. Overall, ZEAL Associate has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Associate's ROCE % compare to HON and MMM?
ZEAL Associate's ROCE % of 11.52% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 7.04. ZEAL Associate's value of 11.52% is 63.6% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 7.04, based on 559 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. ZEAL Associate's current ROCE % of 11.52% is 63.6% 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 Conglomerates industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Associate's current ROCE % is 11.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Associate stock overvalued right now?
ZEAL Associate (TSE:329A) has a current ROCE % of 11.52%. The current ROCE % is 11.52% and 63.6% above the Conglomerates industry median of 7.04. ZEAL Associate's overall GF Score™ is 16/100 with 3 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 ZEAL Associate (TSE:329A), the current ROCE % is 11.52% as of Feb. 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.

ZEAL Associate Business Description

Address 1-19-7 Ginza, JRE Ginza 1chome East Building 8th Floor, Chuo-ku, Tokyo, JPN, 104-0061
ZEAL Associate Corp is engaged in design business focusing on event management and space creation, Entertainment Space, Interior Space etc.
16GF Score

Get the complete analysis for TSE:329A

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

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