Tokushu Tokai Paper Co (TSE:3708) ROCE %: 2.62% (As of Mar. 2026)


TSE:3708 Tokushu Tokai Paper Co Ltd TSE:3708
64 GF Score
Price 円1,953.00
GF Value 円1,378.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tokushu Tokai Paper Co ROCE %?

Tokushu Tokai Paper Co TSE:3708 -0.61% 64 ROCE % is 2.62% as of Mar. 2026. GuruFocus rates TSE:3708 with a GF Score™ of 64/100 and a GF Value™ of 円1,378.98 (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. Tokushu Tokai Paper Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.62%.

Tokushu Tokai Paper Co  (TSE:3708) 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.

Tokushu Tokai Paper Co ROCE % Related Terms

Tokushu Tokai Paper Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tokushu Tokai Paper 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.

Tokushu Tokai Paper Co ROCE % Chart

Tokushu Tokai Paper Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.92 6.09 6.35 5.57 6.13

Tokushu Tokai Paper 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 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 1.29 7.56 5.40 9.14 2.62
TSE:3708
64GF Score
Tokushu Tokai Paper Co Ltd TSE:3708
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokushu Tokai Paper Co ROCE % Calculation

Tokushu Tokai Paper 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 )
=6519/( ( (139436 - 34783) + (141310 - 33400) )/ 2 )
=6519/( (104653+107910)/ 2 )
=6519/106281.5
=6.13 %

Tokushu Tokai Paper 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 )
=2836/( ( (143827 - 35439) + (141310 - 33400) )/ 2 )
=2836/( ( 108388 + 107910 )/ 2 )
=2836/108149
=2.62 %

(1) Note: The EBIT data used here is four times the quarterly (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 2.62% mean?
Tokushu Tokai Paper Co (TSE:3708) has a ROCE % of 2.62% as of Mar. 2026.
Is Tokushu Tokai Paper Co's ROCE % too high?
Tokushu Tokai Paper Co's current ROCE % is 2.62%. The Forest Products industry median ROCE % is 3.45. Tokushu Tokai Paper Co's value of 2.62% is 24.1% below this industry median. Overall, Tokushu Tokai Paper Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokushu Tokai Paper Co's ROCE % compare to competitors?
Tokushu Tokai Paper Co's ROCE % of 2.62% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.45. Tokushu Tokai Paper Co's value of 2.62% is 24.1% below 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 Forest Products company?
The median ROCE % among Forest Products companies is 3.45, based on 280 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. Tokushu Tokai Paper Co's current ROCE % of 2.62% is 24.1% below 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 Forest Products industry, the median ROCE % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokushu Tokai Paper Co's current ROCE % is 2.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokushu Tokai Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Tokushu Tokai Paper Co (TSE:3708) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,378.98, compared to a current price of 円1,953.00 — trading 41.6% above its estimated fair value. The current ROCE % is 2.62% and 24.1% below the Forest Products industry median of 3.45. Tokushu Tokai Paper Co's overall GF Score™ is 64/100 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 Tokushu Tokai Paper Co (TSE:3708), the current ROCE % is 2.62% 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 Tokushu Tokai Paper Co (TSE:3708) Overvalued in 2026?

Based on GuruFocus' analysis, Tokushu Tokai Paper Co stock appears to be overvalued. The current stock price of 円1,953.00 is trading 41.6% above its estimated GF Value™ of 円1,378.98. GuruFocus considers Tokushu Tokai Paper Co to be Significantly Overvalued.

Key valuation signals for TSE:3708:

  • ROCE %: 2.62%
  • GF Value™: 円1,378.98 vs. price of 円1,953.00 (41.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 24.1% below the Forest Products median

No single metric tells the full story. See the TSE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokushu Tokai Paper Co Business Description

Address Zyouwa Yaesu Build 6F, Tokyo, JPN
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.
64GF Score

Get the complete analysis for TSE:3708

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

円1,953.00
Price
円1,378.98
GF Value