TOCALO Co (TSE:3433) ROCE %: 25.37% (As of Mar. 2026)

What is TOCALO Co ROCE %?

TOCALO Co TSE:3433 -1.65% 92 ROCE % is 25.37% as of Mar. 2026. GuruFocus rates TSE:3433 with a GF Score™ of 92/100 and a GF Value™ of 円2,212.31 (Significantly Overvalued). The stock has 6 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. TOCALO Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.37%.

TOCALO Co (TSE:3433) 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.

TOCALO Co ROCE % Related Terms

TOCALO Co ROCE % Historical Data

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The historical data trend for TOCALO 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.

TOCALO Co ROCE % Chart

TOCALO Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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19.33

18.93

15.62

18.53

20.09

TOCALO Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															20.62	23.94	15.66	17.35	25.37

92GF Score

TOCALO Co Ltd TSE:3433

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

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TOCALO Co ROCE % Calculation

TOCALO 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 )
	=	14787	/	( ( (81683 - 13506)	+	(89291 - 10260) )	/ 2 )
	=	14787	/	( (68177	+	79031)	/ 2 )
	=	14787	/	73604
	=	20.09 %

TOCALO 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: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	19480	/	( ( (87473 - 12946)	+	(89291 - 10260) )	/ 2 )
	=	19480	/	( ( 74527	+	79031 )	/ 2 )
	=	19480	/	76779
	=	25.37 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 25.37% mean?

TOCALO Co (TSE:3433) has a ROCE % of 25.37% as of Mar. 2026.

Is TOCALO Co's ROCE % too high?

TOCALO Co's current ROCE % is 25.37%. The Business Services industry median ROCE % is 8.93. TOCALO Co's value of 25.37% is 184.1% above this industry median. Overall, TOCALO Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does TOCALO Co's ROCE % compare to CTAS and CPRT?

TOCALO Co's ROCE % of 25.37% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.93. TOCALO Co's value of 25.37% is 184.1% 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 Business Services company?

The median ROCE % among Business Services companies is 8.93, based on 1,070 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. TOCALO Co's current ROCE % of 25.37% is 184.1% 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 Business Services industry, the median ROCE % is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOCALO Co's current ROCE % is 25.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TOCALO Co stock overvalued right now?

Based on GuruFocus' analysis, TOCALO Co (TSE:3433) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,212.31, compared to a current price of 円3,280.00 — trading 48.3% above its estimated fair value. The current ROCE % is 25.37% and 184.1% above the Business Services industry median of 8.93. TOCALO Co's overall GF Score™ is 92/100 with 6 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 TOCALO Co (TSE:3433), the current ROCE % is 25.37% 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 TOCALO Co (TSE:3433) Overvalued in 2026?

Based on GuruFocus' analysis, TOCALO Co stock appears to be overvalued. The current stock price of 円3,280.00 is trading 48.3% above its estimated GF Value™ of 円2,212.31. GuruFocus considers TOCALO Co to be Significantly Overvalued.

Key valuation signals for TSE:3433:

ROCE %: 25.37%
GF Value™: 円2,212.31 vs. price of 円3,280.00 (48.3% above fair value)
GF Score™: 92/100 with 6 warning signs
Industry Position: 184.1% above the Business Services median

No single metric tells the full story. See the TSE:3433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOCALO Co Business Description

Industry Industrials Business Services

Comparable Companies TSE:4384 TSE:6183 TSE:8876 TSE:7868 TSE:4290 TSE:471A TSE:9743 TSE:9324 TSE:6544 TSE:4658 CTAS LSE:REL TSX:TRI CPRT GPN ULS TSX:RBA ASX:BXB XAMS:WKL LSE:RTO

Address 4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013

Website http://www.tocalo.co.jp

TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.

92GF Score

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

円3,280.00

Price

円2,212.31

GF Value

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