Koei Tecmo Holdings Co (TSE:3635) ROCE %: 32.51% (As of Mar. 2026)

What is Koei Tecmo Holdings Co ROCE %?

Koei Tecmo Holdings Co TSE:3635 +0.27% 79 ROCE % is 32.51% as of Mar. 2026. GuruFocus rates TSE:3635 with a GF Score™ of 79/100 and a GF Value™ of 円2,101.18 (Modestly Undervalued). 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. Koei Tecmo Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 32.51%.

Koei Tecmo Holdings Co (TSE:3635) 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.

Koei Tecmo Holdings Co ROCE % Related Terms

Koei Tecmo Holdings Co ROCE % Historical Data

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The historical data trend for Koei Tecmo Holdings 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.

Koei Tecmo Holdings Co ROCE % Chart

Koei Tecmo Holdings Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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19.35

20.70

15.50

17.47

15.68

Koei Tecmo Holdings 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															34.70	7.48	7.72	9.86	32.51

79GF Score

Koei Tecmo Holdings Co Ltd TSE:3635

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

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Koei Tecmo Holdings Co ROCE % Calculation

Koei Tecmo Holdings 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 )
	=	37168	/	( ( (209828 - 18914)	+	(313662 - 30349) )	/ 2 )
	=	37168	/	( (190914	+	283313)	/ 2 )
	=	37168	/	237113.5
	=	15.68 %

Koei Tecmo Holdings 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 )
	=	90388	/	( ( (311492 - 38792)	+	(313662 - 30349) )	/ 2 )
	=	90388	/	( ( 272700	+	283313 )	/ 2 )
	=	90388	/	278006.5
	=	32.51 %

(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 32.51% mean?

Koei Tecmo Holdings Co (TSE:3635) has a ROCE % of 32.51% as of Mar. 2026.

Is Koei Tecmo Holdings Co's ROCE % too high?

Koei Tecmo Holdings Co's current ROCE % is 32.51%. The Interactive Media industry median ROCE % is 3.15. Koei Tecmo Holdings Co's value of 32.51% is 932.1% above this industry median. Overall, Koei Tecmo Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Koei Tecmo Holdings Co's ROCE % compare to NTES and EA?

Koei Tecmo Holdings Co's ROCE % of 32.51% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.15. Koei Tecmo Holdings Co's value of 32.51% is 932.1% 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 an Interactive Media company?

The median ROCE % among Interactive Media companies is 3.15, based on 545 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. Koei Tecmo Holdings Co's current ROCE % of 32.51% is 932.1% 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 Interactive Media industry, the median ROCE % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Tecmo Holdings Co's current ROCE % is 32.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Koei Tecmo Holdings Co stock overvalued right now?

Based on GuruFocus' analysis, Koei Tecmo Holdings Co (TSE:3635) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,101.18, compared to a current price of 円1,507.50 — trading 28.3% below its estimated fair value. The current ROCE % is 32.51% and 932.1% above the Interactive Media industry median of 3.15. Koei Tecmo Holdings Co's overall GF Score™ is 79/100 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 Koei Tecmo Holdings Co (TSE:3635), the current ROCE % is 32.51% 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 Koei Tecmo Holdings Co (TSE:3635) Overvalued in 2026?

Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued. The current stock price of 円1,507.50 is trading 28.3% below its estimated GF Value™ of 円2,101.18. GuruFocus considers Koei Tecmo Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3635:

ROCE %: 32.51%
GF Value™: 円2,101.18 vs. price of 円1,507.50 (28.3% below fair value)
GF Score™: 79/100 with 3 warning signs
Industry Position: 932.1% above the Interactive Media median

No single metric tells the full story. See the TSE:3635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Koei Tecmo Holdings Co Business Description

Industry Communication Services Interactive Media

Comparable Companies TSE:6460 TSE:2121 TSE:3765 TSE:3632 TSE:9684 TSE:3668 TSE:3932 TSE:7803 TSE:7844 TSE:3723 NTES TSE:7974 EA TTWO RBLX TSE:9766 SZSE:002602 TSE:3659 SZSE:300418 TSE:9697

Other Exchanges 85T:Germany

Address 1-18-12 Minowa-cho, Kouhoku-ku, Yokohama, JPN, 223-8503

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

Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.

79GF Score

Get the complete analysis for TSE:3635

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

円1,507.50

Price

円2,101.18

GF Value

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