Axelspace Holdings (TSE:402A) ROCE %: -38.48% (As of Feb. 2026)

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TSE:402A Axelspace Holdings Corp TSE:402A
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What is Axelspace Holdings ROCE %?

Axelspace Holdings TSE:402A -5.12% 5 ROCE % is -38.48% as of Feb. 2026. GuruFocus rates TSE:402A with a GF Score™ of 5/100. 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. Axelspace Holdings's annualized ROCE % for the quarter that ended in Feb. 2026 was -38.48%.

Axelspace Holdings  (TSE:402A) 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.

Axelspace Holdings ROCE % Related Terms

Axelspace Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Axelspace Holdings'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.

Axelspace Holdings ROCE % Chart

Axelspace Holdings Annual Data
Trend May23 May24 May25 May26
ROCE %
-53.71 -78.71 -27.35 -40.62

Axelspace Holdings Quarterly Data
May23 May24 Feb25 May25 Aug25 Nov25 Feb26 May26
ROCE % Get a 7-Day Free Trial -50.07 -51.09 0.00 -38.48 -19.05
TSE:402A
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Axelspace Holdings Corp TSE:402A
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Axelspace Holdings ROCE % Calculation

Axelspace Holdings's annualized ROCE % for the fiscal year that ended in May. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2026 )  (A: May. 2025 )(A: May. 2026 )
=-3703.047/( ( (9523.131 - 1545.491) + (14609.256 - 4353.558) )/ 2 )
=-3703.047/( (7977.64+10255.698)/ 2 )
=-3703.047/9116.669
=-40.62 %

Axelspace Holdings'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: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-4594.244/( ( (16238.84 - 3506.529) + (15487.065 - 4338.728) )/ 2 )
=-4594.244/( ( 12732.311 + 11148.337 )/ 2 )
=-4594.244/11940.324
=-38.48 %

(1) Note: The EBIT data used here is four times the quarterly (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 -38.48% mean?
Axelspace Holdings (TSE:402A) has a ROCE % of -38.48% as of Feb. 2026.
Is Axelspace Holdings' ROCE % too high?
Axelspace Holdings' current ROCE % is -38.48%. Overall, Axelspace Holdings has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Axelspace Holdings' ROCE % compare to SPCX and GE?
Axelspace Holdings' ROCE % of -38.48% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.21. 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.21, based on 353 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 Aerospace & Defense industry, the median ROCE % is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axelspace Holdings's current ROCE % is -38.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axelspace Holdings stock overvalued right now?
Axelspace Holdings (TSE:402A) has a current ROCE % of -38.48%. The current ROCE % is -38.48%. Axelspace Holdings' overall GF Score™ is 5/100 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 Axelspace Holdings (TSE:402A), the current ROCE % is -38.48% 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.

Axelspace Holdings Business Description

Other Exchanges N4Y:Germany
Address 3-3-3 Nihombashi-Hon-cho, Clip Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0023
Axelspace Holdings Corp is engaged in Providing a one-stop service for microsatellites through AxelLiner, and offering the Earth observation platform AxelGlobe. The company handles the design, manufacturing, launch arrangement, and post-launch operation support for microsatellites and related components and offers satellite solutions.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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