Hi-Crates Co (TSE:4172) ROCE %: 17.60% (As of Mar. 2026)

What is Hi-Crates Co ROCE %?

Hi-Crates Co TSE:4172 69 ROCE % is 17.60% as of Mar. 2026. GuruFocus rates TSE:4172 with a GF Score™ of 69/100 and a GF Value™ of 円2,326.99 (Fairly Valued). The stock has 1 warning sign 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. Hi-Crates Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.60%.

Hi-Crates Co (TSE:4172) 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.

Hi-Crates Co ROCE % Related Terms

Hi-Crates Co ROCE % Historical Data

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The historical data trend for Hi-Crates 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.

Hi-Crates Co ROCE % Chart

Hi-Crates Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROCE %

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19.30

11.59

6.22

10.87

13.33

Hi-Crates Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															0.00	6.86	12.68	17.60	17.60

69GF Score

Hi-Crates Co Ltd TSE:4172

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

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Hi-Crates Co ROCE % Calculation

Hi-Crates Co's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2025 )		(A: Sep. 2024 )		(A: Sep. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2025 )		(A: Sep. 2024 )		(A: Sep. 2025 )
	=	549.606	/	( ( (4375.715 - 387.397)	+	(4721.932 - 466.264) )	/ 2 )
	=	549.606	/	( (3988.318	+	4255.668)	/ 2 )
	=	549.606	/	4121.993
	=	13.33 %

Hi-Crates 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 )
	=	766.764	/	( ( (4578.23 - 289.231)	+	(4853.251 - 430.752) )	/ 2 )
	=	766.764	/	( ( 4288.999	+	4422.499 )	/ 2 )
	=	766.764	/	4355.749
	=	17.60 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 17.60% mean?

Hi-Crates Co (TSE:4172) has a ROCE % of 17.60% as of Mar. 2026.

Is Hi-Crates Co's ROCE % too high?

Hi-Crates Co's current ROCE % is 17.60%. The Healthcare Providers & Services industry median ROCE % is 6.41. Hi-Crates Co's value of 17.60% is 174.6% above this industry median. Overall, Hi-Crates Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Hi-Crates Co's ROCE % compare to VEEV and BTSG?

Hi-Crates Co's ROCE % of 17.60% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. Hi-Crates Co's value of 17.60% is 174.6% 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 Healthcare Providers & Services company?

The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 644 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. Hi-Crates Co's current ROCE % of 17.60% is 174.6% 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Crates Co's current ROCE % is 17.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hi-Crates Co stock overvalued right now?

Based on GuruFocus' analysis, Hi-Crates Co (TSE:4172) is currently considered Fairly Valued. The stock's GF Value™ is 円2,326.99, compared to a current price of 円2,179.00 — trading 6.4% below its estimated fair value. The current ROCE % is 17.60% and 174.6% above the Healthcare Providers & Services industry median of 6.41. Hi-Crates Co's overall GF Score™ is 69/100 with 1 warning sign 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 Hi-Crates Co (TSE:4172), the current ROCE % is 17.60% 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 Hi-Crates Co (TSE:4172) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Crates Co stock appears to be undervalued. The current stock price of 円2,179.00 is trading 6.4% below its estimated GF Value™ of 円2,326.99. GuruFocus considers Hi-Crates Co to be Fairly Valued.

Key valuation signals for TSE:4172:

ROCE %: 17.60%
GF Value™: 円2,326.99 vs. price of 円2,179.00 (6.4% below fair value)
GF Score™: 69/100 with 1 warning sign
Industry Position: 174.6% above the Healthcare Providers & Services median

No single metric tells the full story. See the TSE:4172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hi-Crates Co Business Description

Industry Healthcare Healthcare Providers & Services

Comparable Companies TSE:6545 TSE:475A TSE:7079 TSE:3628 TSE:5619 TSE:3671 TSE:4438 TSE:366A TSE:4263 TSE:3649 VEEV ASX:PME BTSG TEM HQY TSE:2413 HNGE TXG DOCS WAY

Address 3-12-33 Noda, Kita-ku, Okayama, JPN, 700-0971

Website https://www.towa-hi-sys.co.jp

Hi-Crates Co Ltd formerly, Towa Hi System Co Ltd is involved in the Research and development, sales, and support for integrated dental electronic medical record systems. Research and development, sales and support for iPad and web apps. which includes AI/voice electronic medical record integrated system, Visual examination and periodontal examination system, Interview System, Self-pay estimated system, Image management system etc.

69GF Score

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

円2,179.00

Price

円2,326.99

GF Value

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