Pack (TSE:3950) ROCE %: 19.86% (As of Dec. 2025)

What is Pack ROCE %?

Pack TSE:3950 +1.39% 77 ROCE % is 19.86% as of Dec. 2025. GuruFocus rates TSE:3950 with a GF Score™ of 77/100 and a GF Value™ of 円1,257.47 (Modestly Overvalued). 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. Pack's annualized ROCE % for the quarter that ended in Dec. 2025 was 19.86%.

Pack (TSE:3950) 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.

Pack ROCE % Related Terms

Pack ROCE % Historical Data

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The historical data trend for Pack'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.

Pack ROCE % Chart

Pack Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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6.57

8.88

11.30

12.40

11.53

Pack Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															7.50	11.13	7.73	19.86	6.53

77GF Score

Pack Corp TSE:3950

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

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Pack ROCE % Calculation

Pack's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	8866	/	( ( (103292 - 27766)	+	(104212 - 25920) )	/ 2 )
	=	8866	/	( (75526	+	78292)	/ 2 )
	=	8866	/	76909
	=	11.53 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Sep. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Sep. 2025 )		(Q: Dec. 2025 )
	=	15416	/	( ( (98059 - 21088)	+	(104212 - 25920) )	/ 2 )
	=	15416	/	( ( 76971	+	78292 )	/ 2 )
	=	15416	/	77631.5
	=	19.86 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 19.86% mean?

Pack (TSE:3950) has a ROCE % of 19.86% as of Dec. 2025.

Is Pack's ROCE % too high?

Pack's current ROCE % is 19.86%. The Packaging & Containers industry median ROCE % is 7.15. Pack's value of 19.86% is 177.8% above this industry median. Overall, Pack has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Pack's ROCE % compare to SW and PKG?

Pack's ROCE % of 19.86% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.15. Pack's value of 19.86% is 177.8% 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 Packaging & Containers company?

The median ROCE % among Packaging & Containers companies is 7.15, based on 389 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. Pack's current ROCE % of 19.86% is 177.8% 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 Packaging & Containers industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pack's current ROCE % is 19.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pack stock overvalued right now?

Based on GuruFocus' analysis, Pack (TSE:3950) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,257.47, compared to a current price of 円1,390.00 — trading 10.5% above its estimated fair value. The current ROCE % is 19.86% and 177.8% above the Packaging & Containers industry median of 7.15. Pack's overall GF Score™ is 77/100 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 Pack (TSE:3950), the current ROCE % is 19.86% as of Dec. 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.

Is Pack (TSE:3950) Overvalued in 2026?

Based on GuruFocus' analysis, Pack stock appears to be overvalued. The current stock price of 円1,390.00 is trading 10.5% above its estimated GF Value™ of 円1,257.47. GuruFocus considers Pack to be Modestly Overvalued.

Key valuation signals for TSE:3950:

ROCE %: 19.86%
GF Value™: 円1,257.47 vs. price of 円1,390.00 (10.5% above fair value)
GF Score™: 77/100 with 3 warning signs
Industry Position: 177.8% above the Packaging & Containers median

No single metric tells the full story. See the TSE:3950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pack Business Description

Industry Consumer Cyclical Packaging & Containers

Comparable Companies TSE:7942 TSE:3946 TSE:7504 TSE:7917 TSE:7482 TSE:5902 TSE:5210 TSE:3947 TSE:3951 TSE:4994 SW PKG AMCR IP BALL AVY TSX:CCL.A CCK SZSE:002812 OHEL:STERV

Address 2-9-3 Higashikobashi, Higashinari-ku, Osaka, JPN, 530-6020

Website https://www.thepack.co.jp

Pack Corp is a paper and chemical products company. It manufactures and sells paper products, chemical products, and other goods, as well as related research, logistics, and services. The product portfolio of the company include paper bags, printed paper containers, corrugated cardboard, plastic bags, tailor bags, price tags, design work, advertising materials, etc.

77GF Score

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

円1,390.00

Price

円1,257.47

GF Value

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