Future (TSE:4722) ROCE %: 26.01% (As of Dec. 2025)

What is Future ROCE %?

Future TSE:4722 -1.76% 80 ROCE % is 26.01% as of Dec. 2025. GuruFocus rates TSE:4722 with a GF Score™ of 80/100 and a GF Value™ of 円2,230.14 (Modestly Undervalued). 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. Future's annualized ROCE % for the quarter that ended in Dec. 2025 was 26.01%.

Future (TSE:4722) 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.

Future ROCE % Related Terms

Future ROCE % Historical Data

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The historical data trend for Future'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.

Future ROCE % Chart

Future Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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20.03

25.84

25.54

23.07

22.26

Future 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															17.37	20.08	26.02	26.01	17.64

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Future Corp TSE:4722

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

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Future ROCE % Calculation

Future'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 )
	=	17431	/	( ( (92048 - 15874)	+	(97491 - 17054) )	/ 2 )
	=	17431	/	( (76174	+	80437)	/ 2 )
	=	17431	/	78305.5
	=	22.26 %

Future'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 )
	=	20624	/	( ( (92346 - 14221)	+	(97491 - 17054) )	/ 2 )
	=	20624	/	( ( 78125	+	80437 )	/ 2 )
	=	20624	/	79281
	=	26.01 %

(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 26.01% mean?

Future (TSE:4722) has a ROCE % of 26.01% as of Dec. 2025.

Is Future's ROCE % too high?

Future's current ROCE % is 26.01%. The Software industry median ROCE % is 5.22. Future's value of 26.01% is 398.3% above this industry median. Overall, Future has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Future's ROCE % compare to IBM and ACN?

Future's ROCE % of 26.01% can be compared against companies in the Software industry. The industry median ROCE % is 5.22. Future's value of 26.01% is 398.3% 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 Software company?

The median ROCE % among Software companies is 5.22, based on 2,711 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. Future's current ROCE % of 26.01% is 398.3% 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 Software industry, the median ROCE % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current ROCE % is 26.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Future stock overvalued right now?

Based on GuruFocus' analysis, Future (TSE:4722) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,230.14, compared to a current price of 円1,730.00 — trading 22.4% below its estimated fair value. The current ROCE % is 26.01% and 398.3% above the Software industry median of 5.22. Future's overall GF Score™ is 80/100 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 Future (TSE:4722), the current ROCE % is 26.01% 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 Future (TSE:4722) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of 円1,730.00 is trading 22.4% below its estimated GF Value™ of 円2,230.14. GuruFocus considers Future to be Modestly Undervalued.

Key valuation signals for TSE:4722:

ROCE %: 26.01%
GF Value™: 円2,230.14 vs. price of 円1,730.00 (22.4% below fair value)
GF Score™: 80/100 with 1 warning sign
Industry Position: 398.3% above the Software median

No single metric tells the full story. See the TSE:4722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Future Business Description

Industry Technology Software

Comparable Companies TSE:9715 TSE:2317 TSE:3778 TSE:9682 TSE:9746 TSE:4819 TSE:4413 TSE:9889 TSE:3636 TSE:3762 IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS

Address 1-2-2 Osaki, Tokyo Art Village Osaki Central Tower, Shinagawa-ku, Tokyo, JPN, 141-0032

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

Future Corp is a holding company. Through its subsidiaries, the company operates on two main pillars: "IT Consulting & Services" and "Business Innovation," both based on technology. Its IT Consulting & Services activities include providing technology-related consulting services to clients. The Business Innovation segment develops services in areas such as digital marketing, sports, education, and e-commerce by utilizing the group's operational and technological expertise.

80GF Score

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円1,730.00

Price

円2,230.14

GF Value

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