Corona (TSE:5909) ROCE %: 4.19% (As of Mar. 2026)

What is Corona ROCE %?

Corona TSE:5909 -1.50% 64 ROCE % is 4.19% as of Mar. 2026. GuruFocus rates TSE:5909 with a GF Score™ of 64/100 and a GF Value™ of 円953.69 (Fairly Valued). The stock has 6 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. Corona's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.19%.

Corona (TSE:5909) 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.

Corona ROCE % Related Terms

Corona ROCE % Historical Data

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The historical data trend for Corona'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.

Corona ROCE % Chart

Corona Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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1.60

2.84

2.36

2.17

1.65

Corona Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															4.69	0.52	3.83	-0.90	4.19

64GF Score

Corona Corp TSE:5909

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

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Corona ROCE % Calculation

Corona'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 )
	=	1327	/	( ( (102226 - 22691)	+	(100264 - 18838) )	/ 2 )
	=	1327	/	( (79535	+	81426)	/ 2 )
	=	1327	/	80480.5
	=	1.65 %

Corona'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: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	3368	/	( ( (103541 - 24364)	+	(100264 - 18838) )	/ 2 )
	=	3368	/	( ( 79177	+	81426 )	/ 2 )
	=	3368	/	80301.5
	=	4.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 4.19% mean?

Corona (TSE:5909) has a ROCE % of 4.19% as of Mar. 2026.

Is Corona's ROCE % too high?

Corona's current ROCE % is 4.19%. The Furnishings, Fixtures & Appliances industry median ROCE % is 5.56. Corona's value of 4.19% is 24.6% below this industry median. Overall, Corona has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Corona's ROCE % compare to SN and SGI?

Corona's ROCE % of 4.19% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.56. Corona's value of 4.19% is 24.6% below 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 Furnishings, Fixtures & Appliances company?

The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.56, based on 427 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. Corona's current ROCE % of 4.19% is 24.6% below 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corona's current ROCE % is 4.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Corona stock overvalued right now?

Based on GuruFocus' analysis, Corona (TSE:5909) is currently considered Fairly Valued. The stock's GF Value™ is 円953.69, compared to a current price of 円986.00 — trading 3.4% above its estimated fair value. The current ROCE % is 4.19% and 24.6% below the Furnishings, Fixtures & Appliances industry median of 5.56. Corona's overall GF Score™ is 64/100 with 6 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 Corona (TSE:5909), the current ROCE % is 4.19% 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 Corona (TSE:5909) Overvalued in 2026?

Based on GuruFocus' analysis, Corona stock appears to be overvalued. The current stock price of 円986.00 is trading 3.4% above its estimated GF Value™ of 円953.69. GuruFocus considers Corona to be Fairly Valued.

Key valuation signals for TSE:5909:

ROCE %: 4.19%
GF Value™: 円953.69 vs. price of 円986.00 (3.4% above fair value)
GF Score™: 64/100 with 6 warning signs
Industry Position: 24.6% below the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the TSE:5909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Corona Business Description

Industry Consumer Cyclical Furnishings, Fixtures & Appliances

Comparable Companies TSE:3421 TSE:7955 TSE:6445 TSE:6932 NGO:3504 TSE:5951 TSE:6484 TSE:7885 TSE:5941 TSE:7840 SZSE:000333 SZSE:000651 SHSE:600690 TPE:2059 SHSE:603268 SN SGI TSE:9843 MHK LSE:HWDN

Address 7-7 Higashi-shinbo, Sanjo, Niigata, JPN, 955-8510

Website http://www.corona.co.jp

Corona Corp engages in the manufacture and sale of heating, air-conditioning and household appliances. It also provides pressure type kerosene cooking stoves; developing a set of technological skills generating epoch-making products; manufacturer of kerosene heating appliances; kerosene combustion technology of the pressure type kerosene heaters; and related supplementary services. Its products include heating appliances such as patented hand clean tanks, kerosene fan heaters and portable kerosene heaters.

64GF Score

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

円986.00

Price

円953.69

GF Value

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