LeTech (TSE:3497) ROCE %: 15.21% (As of Jan. 2025)


TSE:3497 LeTech Corp TSE:3497
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What is LeTech ROCE %?

LeTech TSE:3497 9 ROCE % is 15.21% as of Jan. 2025. GuruFocus rates TSE:3497 with a GF Score™ of 9/100.

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. LeTech's annualized ROCE % for the quarter that ended in Jan. 2025 was 15.21%.


LeTech  (TSE:3497) 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.


LeTech ROCE % Related Terms


LeTech ROCE % Historical Data

* Premium members only.

The historical data trend for LeTech'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.

LeTech ROCE % Chart

LeTech Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROCE %
Get a 7-Day Free Trial Premium Member Only 4.64 9.89 -30.34 14.20 11.82

LeTech Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 17.40 10.93 21.30 4.38 15.21
TSE:3497
9GF Score
LeTech Corp TSE:3497
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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LeTech ROCE % Calculation

LeTech's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=1385.638/( ( (21724.853 - 10897.849) + (24530.303 - 11903.121) )/ 2 )
=1385.638/( (10827.004+12627.182)/ 2 )
=1385.638/11727.093
=11.82 %

LeTech's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2025 )  (Q: Jul. 2024 )(Q: Jan. 2025 )
=2319.736/( ( (24530.303 - 11903.121) + (27562.906 - 9695.237) )/ 2 )
=2319.736/( ( 12627.182 + 17867.669 )/ 2 )
=2319.736/15247.4255
=15.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2025) 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 15.21% mean?
LeTech (TSE:3497) has a ROCE % of 15.21% as of Jan. 2025.
Is LeTech's ROCE % too high?
LeTech's current ROCE % is 15.21%. The Real Estate industry median ROCE % is 4.66. LeTech's value of 15.21% is 226.4% above this industry median. Overall, LeTech has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does LeTech's ROCE % compare to CBRE and CSGP?
LeTech's ROCE % of 15.21% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. LeTech's value of 15.21% is 226.4% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. LeTech's current ROCE % of 15.21% is 226.4% 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LeTech's current ROCE % is 15.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LeTech stock overvalued right now?
LeTech (TSE:3497) has a current ROCE % of 15.21%. The current ROCE % is 15.21% and 226.4% above the Real Estate industry median of 4.66. LeTech's overall GF Score™ is 9/100. 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 LeTech (TSE:3497), the current ROCE % is 15.21% as of Jan. 2025. 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.

LeTech Business Description

Address 3-3 Doyama-cho, 10th Floor, Nippon Life Umeda Building, Kita-ku, Osaka-shi, Osaka, JPN, 530-0027
LeTech Corp is engaged in the real estate solutions business, real estate leasing business, real estate consulting business, facility management business, and others.
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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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