Asaka Industrial Co (TSE:5962) ROCE %: 21.59% (As of Mar. 2026)

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TSE:5962 Asaka Industrial Co Ltd TSE:5962
62 GF Score
Price 円1,990.00
GF Value 円1,529.57
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Asaka Industrial Co ROCE %?

Asaka Industrial Co TSE:5962 62 ROCE % is 21.59% as of Mar. 2026. GuruFocus rates TSE:5962 with a GF Score™ of 62/100 and a GF Value™ of 円1,529.57 (Modestly Overvalued). The stock has 3 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. Asaka Industrial Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.59%.

Asaka Industrial Co  (TSE:5962) 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.

Asaka Industrial Co ROCE % Related Terms

Asaka Industrial Co ROCE % Historical Data

* Premium members only.

The historical data trend for Asaka Industrial 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.

Asaka Industrial Co ROCE % Chart

Asaka Industrial Co 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 8.62 7.95 10.45 7.41 12.30

Asaka Industrial 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 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 10.27 3.51 13.36 21.59
TSE:5962
62GF Score
Asaka Industrial Co Ltd TSE:5962
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asaka Industrial Co ROCE % Calculation

Asaka Industrial Co'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 )
=612.942/( ( (6844.961 - 2008.217) + (7011.593 - 1881.042) )/ 2 )
=612.942/( (4836.744+5130.551)/ 2 )
=612.942/4983.6475
=12.30 %

Asaka Industrial 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 )
=1107.024/( ( (7353.24 - 2229.767) + (7011.593 - 1881.042) )/ 2 )
=1107.024/( ( 5123.473 + 5130.551 )/ 2 )
=1107.024/5127.012
=21.59 %

(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 21.59% mean?
Asaka Industrial Co (TSE:5962) has a ROCE % of 21.59% as of Mar. 2026.
Is Asaka Industrial Co's ROCE % too high?
Asaka Industrial Co's current ROCE % is 21.59%. The Industrial Products industry median ROCE % is 7.19. Asaka Industrial Co's value of 21.59% is 200.3% above this industry median. Overall, Asaka Industrial Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asaka Industrial Co's ROCE % compare to SNA and RBC?
Asaka Industrial Co's ROCE % of 21.59% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Asaka Industrial Co's value of 21.59% is 200.3% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.19, based on 3,026 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. Asaka Industrial Co's current ROCE % of 21.59% is 200.3% 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 Industrial Products industry, the median ROCE % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asaka Industrial Co's current ROCE % is 21.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asaka Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Asaka Industrial Co (TSE:5962) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,529.57, compared to a current price of 円1,990.00 — trading 30.1% above its estimated fair value. The current ROCE % is 21.59% and 200.3% above the Industrial Products industry median of 7.19. Asaka Industrial Co's overall GF Score™ is 62/100 with 3 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 Asaka Industrial Co (TSE:5962), the current ROCE % is 21.59% 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 Asaka Industrial Co (TSE:5962) Overvalued in 2026?

Based on GuruFocus' analysis, Asaka Industrial Co stock appears to be overvalued. The current stock price of 円1,990.00 is trading 30.1% above its estimated GF Value™ of 円1,529.57. GuruFocus considers Asaka Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:5962:

  • ROCE %: 21.59%
  • GF Value™: 円1,529.57 vs. price of 円1,990.00 (30.1% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 200.3% above the Industrial Products median

No single metric tells the full story. See the TSE:5962 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asaka Industrial Co Business Description

Address 117, 2-Umiyamacho, Kaisan-cho, Sakai-shi, Sakai-shi, JPN, 590 0982
Asaka Industrial Co Ltd is a Japan-based agricultural and construction tools manufacturer. The products of the company include shovels, spades, gardening tools, civil engineering and construction equipment, agricultural tools, woodworking products, motorized mobile shelves, rotating racks, heavy, medium, and light-weight racks, transport equipment, store fixtures, and others.
62GF Score

Get the complete analysis for TSE:5962

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

円1,990.00
Price
円1,529.57
GF Value