IACE Travel (TSE:343A) ROCE %: 16.50% (As of Mar. 2026)

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TSE:343A IACE Travel Corp TSE:343A
20 GF Score
Price 円1,414.00
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What is IACE Travel ROCE %?

IACE Travel TSE:343A +0.93% 20 ROCE % is 16.50% as of Mar. 2026. GuruFocus rates TSE:343A with a GF Score™ of 20/100.

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. IACE Travel's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.50%.

IACE Travel  (TSE:343A) 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.

IACE Travel ROCE % Related Terms

IACE Travel ROCE % Historical Data

* Premium members only.

The historical data trend for IACE Travel'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.

IACE Travel ROCE % Chart

IACE Travel Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
8.31 16.65 22.41 21.30

IACE Travel Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 21.96 22.80 24.36 16.50
TSE:343A
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IACE Travel Corp TSE:343A
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IACE Travel ROCE % Calculation

IACE Travel'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 )
=762.6/( ( (4890.979 - 2028.948) + (5774.877 - 1476.95) )/ 2 )
=762.6/( (2862.031+4297.927)/ 2 )
=762.6/3579.979
=21.30 %

IACE Travel'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 )
=686.436/( ( (5749.571 - 1724.565) + (5774.877 - 1476.95) )/ 2 )
=686.436/( ( 4025.006 + 4297.927 )/ 2 )
=686.436/4161.4665
=16.50 %

(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 16.50% mean?
IACE Travel (TSE:343A) has a ROCE % of 16.50% as of Mar. 2026.
Is IACE Travel's ROCE % too high?
IACE Travel's current ROCE % is 16.50%. The Travel & Leisure industry median ROCE % is 6.08. IACE Travel's value of 16.50% is 171.6% above this industry median. Overall, IACE Travel has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's ROCE % compare to BKNG and ABNB?
IACE Travel's ROCE % of 16.50% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. IACE Travel's value of 16.50% is 171.6% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 834 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. IACE Travel's current ROCE % of 16.50% is 171.6% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current ROCE % is 16.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current ROCE % of 16.50%. The current ROCE % is 16.50% and 171.6% above the Travel & Leisure industry median of 6.08. IACE Travel's overall GF Score™ is 20/100. 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 IACE Travel (TSE:343A), the current ROCE % is 16.50% 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.

IACE Travel Business Description

Address 1-14-5 Nihombashi-Bakuro-cho, Chuo-ku, Tokyo, JPN, 103-0002
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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