Mory Industries (TSE:5464) ROCE %: 7.61% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5464 Mory Industries Inc TSE:5464
70 GF Score
Price 円959.00
GF Value 円880.43
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mory Industries ROCE %?

Mory Industries TSE:5464 +2.35% 70 ROCE % is 7.61% as of Mar. 2026. GuruFocus rates TSE:5464 with a GF Score™ of 70/100 and a GF Value™ of 円880.43 (Fairly Valued). 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. Mory Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.61%.


Mory Industries  (TSE:5464) 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.


Mory Industries ROCE % Related Terms


Mory Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Mory Industries'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.

Mory Industries ROCE % Chart

Mory Industries 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 13.07 14.55 11.78 10.02 8.10

Mory Industries 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 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 0.00 8.51 7.15 9.47 7.61
TSE:5464
70GF Score
Mory Industries Inc TSE:5464
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mory Industries ROCE % Calculation

Mory Industries'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 )
=4899/( ( (69842 - 11049) + (72659 - 10516) )/ 2 )
=4899/( (58793+62143)/ 2 )
=4899/60468
=8.10 %

Mory Industries'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 )
=4664/( ( (71020 - 10546) + (72659 - 10516) )/ 2 )
=4664/( ( 60474 + 62143 )/ 2 )
=4664/61308.5
=7.61 %

(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 7.61% mean?
Mory Industries (TSE:5464) has a ROCE % of 7.61% as of Mar. 2026.
Is Mory Industries' ROCE % too high?
Mory Industries' current ROCE % is 7.61%. The Steel industry median ROCE % is 5.63. Mory Industries' value of 7.61% is 35.3% above this industry median. Overall, Mory Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mory Industries' ROCE % compare to NUE and STLD?
Mory Industries' ROCE % of 7.61% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Mory Industries' value of 7.61% is 35.3% 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 620 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. Mory Industries's current ROCE % of 7.61% is 35.3% 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mory Industries's current ROCE % is 7.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mory Industries stock overvalued right now?
Based on GuruFocus' analysis, Mory Industries (TSE:5464) is currently considered Fairly Valued. The stock's GF Value™ is 円880.43, compared to a current price of 円959.00 — trading 8.9% above its estimated fair value. The current ROCE % is 7.61% and 35.3% above the Steel industry median of 5.63. Mory Industries' overall GF Score™ is 70/100 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 Mory Industries (TSE:5464), the current ROCE % is 7.61% 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 Mory Industries (TSE:5464) Overvalued in 2026?

Based on GuruFocus' analysis, Mory Industries stock appears to be overvalued. The current stock price of 円959.00 is trading 8.9% above its estimated GF Value™ of 円880.43. GuruFocus considers Mory Industries to be Fairly Valued.

Key valuation signals for TSE:5464:

  • ROCE %: 7.61%
  • GF Value™: 円880.43 vs. price of 円959.00 (8.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 35.3% above the Steel median

No single metric tells the full story. See the TSE:5464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mory Industries Business Description

Address 5-1-60 Namba, 22nd floor, Namba SkyO, Chuo-ku, Osaka, JPN, 542-0076
Mory Industries Inc is a Japan-based steel manufacturer. The company is mainly engaged in the manufacturing and sales steel products including stainless steel pipes and tubes, stainless steel flat bars, angle bars, round bars and processing goods of stainless product, welded carbon steel tubes and automatic tube cutting machines.
70GF Score

Get the complete analysis for TSE:5464

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

円959.00
Price
円880.43
GF Value