Asulina Co (TSE:3647) ROCE %: -33.20% (As of Feb. 2026)


TSE:3647 Asulina Co Ltd TSE:3647
45 GF Score
Price 円117.00
GF Value 円158.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Asulina Co ROCE %?

Asulina Co TSE:3647 +3.54% 45 ROCE % is -33.20% as of Feb. 2026. GuruFocus rates TSE:3647 with a GF Score™ of 45/100 and a GF Value™ of 円158.50 (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. Asulina Co's annualized ROCE % for the quarter that ended in Feb. 2026 was -33.20%.

Asulina Co  (TSE:3647) 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.

Asulina Co ROCE % Related Terms

Asulina Co ROCE % Historical Data

* Premium members only.

The historical data trend for Asulina 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.

Asulina Co ROCE % Chart

Asulina Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 -13.99 -19.95 -42.07 -24.78

Asulina Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.72 -64.43 -25.57 -24.15 -33.20
TSE:3647
45GF Score
Asulina Co Ltd TSE:3647
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asulina Co ROCE % Calculation

Asulina Co'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 )
=-309.927/( ( (1550.708 - 108.919) + (1223.824 - 164.091) )/ 2 )
=-309.927/( (1441.789+1059.733)/ 2 )
=-309.927/1250.761
=-24.78 %

Asulina Co'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 )
=-375.576/( ( (1223.824 - 164.091) + (1349.311 - 146.371) )/ 2 )
=-375.576/( ( 1059.733 + 1202.94 )/ 2 )
=-375.576/1131.3365
=-33.20 %

(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 -33.20% mean?
Asulina Co (TSE:3647) has a ROCE % of -33.20% as of Feb. 2026.
Is Asulina Co's ROCE % too high?
Asulina Co's current ROCE % is -33.20%. Overall, Asulina Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's ROCE % compare to competitors?
Asulina Co's ROCE % of -33.20% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.62. 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 Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.62, based on 437 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. 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current ROCE % is -33.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Modestly Undervalued. The stock's GF Value™ is 円158.50, compared to a current price of 円117.00 — trading 26.2% below its estimated fair value. The current ROCE % is -33.20%. Asulina Co's overall GF Score™ is 45/100 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 Asulina Co (TSE:3647), the current ROCE % is -33.20% 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.

Is Asulina Co (TSE:3647) Overvalued in 2026?

Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued. The current stock price of 円117.00 is trading 26.2% below its estimated GF Value™ of 円158.50. GuruFocus considers Asulina Co to be Modestly Undervalued.

Key valuation signals for TSE:3647:

  • ROCE %: -33.20%
  • GF Value™: 円158.50 vs. price of 円117.00 (26.2% below fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asulina Co Business Description

Address 2-3-14 Higashishinagawa, Shinagawa-ku, Tokyo Front Terrace 12th floor, Tokyo, JPN, 140-0002
Asulina Co Ltd is engaged in Renewable energy business, new energy business and sustainable business.
45GF Score

Get the complete analysis for TSE:3647

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

円117.00
Price
円158.50
GF Value