Tomoegawa (TSE:3878) ROCE %: 5.00% (As of Mar. 2026)


TSE:3878 Tomoegawa Corp TSE:3878
64 GF Score
Price 円795.00
GF Value 円818.43
Valuation Fairly Valued
! 4 Warning Signs
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What is Tomoegawa ROCE %?

Tomoegawa TSE:3878 -0.38% 64 ROCE % is 5.00% as of Mar. 2026. GuruFocus rates TSE:3878 with a GF Score™ of 64/100 and a GF Value™ of 円818.43 (Fairly Valued). The stock has 4 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. Tomoegawa's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.00%.

Tomoegawa  (TSE:3878) 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.

Tomoegawa ROCE % Related Terms

Tomoegawa ROCE % Historical Data

* Premium members only.

The historical data trend for Tomoegawa'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.

Tomoegawa ROCE % Chart

Tomoegawa 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 10.11 9.25 5.79 5.89 6.07

Tomoegawa Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.07 8.01 3.96 7.11 5.00
TSE:3878
64GF Score
Tomoegawa Corp TSE:3878
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomoegawa ROCE % Calculation

Tomoegawa'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 )
=1756/( ( (46087 - 18197) + (50941 - 20973) )/ 2 )
=1756/( (27890+29968)/ 2 )
=1756/28929
=6.07 %

Tomoegawa'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 )
=1480/( ( (48057 - 18774) + (50941 - 20973) )/ 2 )
=1480/( ( 29283 + 29968 )/ 2 )
=1480/29625.5
=5.00 %

(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 5.00% mean?
Tomoegawa (TSE:3878) has a ROCE % of 5.00% as of Mar. 2026.
Is Tomoegawa's ROCE % too high?
Tomoegawa's current ROCE % is 5.00%. The Forest Products industry median ROCE % is 3.38. Tomoegawa's value of 5.00% is 47.9% above this industry median. Overall, Tomoegawa has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tomoegawa's ROCE % compare to competitors?
Tomoegawa's ROCE % of 5.00% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. Tomoegawa's value of 5.00% is 47.9% 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 Forest Products company?
The median ROCE % among Forest Products companies is 3.38, 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. Tomoegawa's current ROCE % of 5.00% is 47.9% 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 Forest Products industry, the median ROCE % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomoegawa's current ROCE % is 5.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomoegawa stock overvalued right now?
Based on GuruFocus' analysis, Tomoegawa (TSE:3878) is currently considered Fairly Valued. The stock's GF Value™ is 円818.43, compared to a current price of 円795.00 — trading 2.9% below its estimated fair value. The current ROCE % is 5.00% and 47.9% above the Forest Products industry median of 3.38. Tomoegawa's overall GF Score™ is 64/100 with 4 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 Tomoegawa (TSE:3878), the current ROCE % is 5.00% 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 Tomoegawa (TSE:3878) Overvalued in 2026?

Based on GuruFocus' analysis, Tomoegawa stock appears to be undervalued. The current stock price of 円795.00 is trading 2.9% below its estimated GF Value™ of 円818.43. GuruFocus considers Tomoegawa to be Fairly Valued.

Key valuation signals for TSE:3878:

  • ROCE %: 5.00%
  • GF Value™: 円818.43 vs. price of 円795.00 (2.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 47.9% above the Forest Products median

No single metric tells the full story. See the TSE:3878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tomoegawa Business Description

Address 2-1-3 Kyobashi, 7th Floor, KYOBASHI Trust Tower, Chuo-ku, Tokyo, JPN, 104-8335
Tomoegawa Corp manufactures, processes, and sells electronics parts, display parts, fine particles, functional sheets, and specialty paper products. It offers clear hard coat films for screen protection of mobile devices; adhesive tapes for circuit boards; and lids for hermetic seal package, as well as electrostatic chuck for LSI and LCD manufacturing process. The company also provides display component materials; and display film products. It offers fine particle materials, such as magnetic toners, non-magnetic toners, full color toners; information printing materials comprising inkjet; and special fiber sheets, including stainless fiber sheets, fluorine fiber sheets. Further, it provides ultra-lightweight printing papers; and insulating papers, conductive papers, absorbing papers.
64GF Score

Get the complete analysis for TSE:3878

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

円795.00
Price
円818.43
GF Value