Mitsuboshi Belting (TSE:5192) ROCE %: 8.37% (As of Mar. 2026)


TSE:5192 Mitsuboshi Belting Ltd TSE:5192
87 GF Score
Price 円3,940.00
GF Value 円4,366.96
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mitsuboshi Belting ROCE %?

Mitsuboshi Belting TSE:5192 -0.51% 87 ROCE % is 8.37% as of Mar. 2026. GuruFocus rates TSE:5192 with a GF Score™ of 87/100 and a GF Value™ of 円4,366.96 (Modestly Undervalued). The stock has 2 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. Mitsuboshi Belting's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.37%.

Mitsuboshi Belting  (TSE:5192) 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.

Mitsuboshi Belting ROCE % Related Terms

Mitsuboshi Belting ROCE % Historical Data

* Premium members only.

The historical data trend for Mitsuboshi Belting'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.

Mitsuboshi Belting ROCE % Chart

Mitsuboshi Belting 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 9.49 10.04 9.77 11.66 9.57

Mitsuboshi Belting 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 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 3.68 10.16 10.52 9.60 8.37
TSE:5192
87GF Score
Mitsuboshi Belting Ltd TSE:5192
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsuboshi Belting ROCE % Calculation

Mitsuboshi Belting'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 )
=10441/( ( (128161 - 21768) + (129884 - 18113) )/ 2 )
=10441/( (106393+111771)/ 2 )
=10441/109082
=9.57 %

Mitsuboshi Belting'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 )
=9328/( ( (131920 - 20710) + (129884 - 18113) )/ 2 )
=9328/( ( 111210 + 111771 )/ 2 )
=9328/111490.5
=8.37 %

(1) Note: The EBIT data used here is four times the quarterly (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 8.37% mean?
Mitsuboshi Belting (TSE:5192) has a ROCE % of 8.37% as of Mar. 2026.
Is Mitsuboshi Belting's ROCE % too high?
Mitsuboshi Belting's current ROCE % is 8.37%. The Industrial Products industry median ROCE % is 7.09. Mitsuboshi Belting's value of 8.37% is 18.1% above this industry median. Overall, Mitsuboshi Belting has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's ROCE % compare to GEV and ETN?
Mitsuboshi Belting's ROCE % of 8.37% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Mitsuboshi Belting's value of 8.37% is 18.1% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 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. Mitsuboshi Belting's current ROCE % of 8.37% is 18.1% 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 Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsuboshi Belting's current ROCE % is 8.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,366.96, compared to a current price of 円3,940.00 — trading 9.8% below its estimated fair value. The current ROCE % is 8.37% and 18.1% above the Industrial Products industry median of 7.09. Mitsuboshi Belting's overall GF Score™ is 87/100 with 2 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 Mitsuboshi Belting (TSE:5192), the current ROCE % is 8.37% 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued. The current stock price of 円3,940.00 is trading 9.8% below its estimated GF Value™ of 円4,366.96. GuruFocus considers Mitsuboshi Belting to be Modestly Undervalued.

Key valuation signals for TSE:5192:

  • ROCE %: 8.37%
  • GF Value™: 円4,366.96 vs. price of 円3,940.00 (9.8% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 18.1% above the Industrial Products median

No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitsuboshi Belting Business Description

Address 4 - 1 21 Hamazoe dori, Nagata ku, Hyogo-ken, JPN, 6530024
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
87GF Score

Get the complete analysis for TSE:5192

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

円3,940.00
Price
円4,366.96
GF Value