H-ONE Co (TSE:5989) ROCE %: 17.39% (As of Mar. 2026)


TSE:5989 H-ONE Co Ltd TSE:5989
57 GF Score
Price 円1,534.00
GF Value 円875.45
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is H-ONE Co ROCE %?

H-ONE Co TSE:5989 +2.27% 57 ROCE % is 17.39% as of Mar. 2026. GuruFocus rates TSE:5989 with a GF Score™ of 57/100 and a GF Value™ of 円875.45 (Significantly Overvalued). 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. H-ONE Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.39%.

H-ONE Co  (TSE:5989) 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.

H-ONE Co ROCE % Related Terms

H-ONE Co ROCE % Historical Data

* Premium members only.

The historical data trend for H-ONE 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.

H-ONE Co ROCE % Chart

H-ONE 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 -2.71 -7.55 -17.80 13.49 14.33

H-ONE Co 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 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 -35.28 17.40 9.68 11.46 17.39
TSE:5989
57GF Score
H-ONE Co Ltd TSE:5989
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H-ONE Co ROCE % Calculation

H-ONE 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 )
=16966/( ( (178534 - 79020) + (205407 - 68127) )/ 2 )
=16966/( (99514+137280)/ 2 )
=16966/118397
=14.33 %

H-ONE 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: 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 )
=21754/( ( (191733 - 78792) + (205407 - 68127) )/ 2 )
=21754/( ( 112941 + 137280 )/ 2 )
=21754/125110.5
=17.39 %

(1) Note: The EBIT data used here is two times the semi-annual (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 17.39% mean?
H-ONE Co (TSE:5989) has a ROCE % of 17.39% as of Mar. 2026.
Is H-ONE Co's ROCE % too high?
H-ONE Co's current ROCE % is 17.39%. The Vehicles & Parts industry median ROCE % is 7.94. H-ONE Co's value of 17.39% is 119% above this industry median. Overall, H-ONE Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H-ONE Co's ROCE % compare to ORLY and AZO?
H-ONE Co's ROCE % of 17.39% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. H-ONE Co's value of 17.39% is 119% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. H-ONE Co's current ROCE % of 17.39% is 119% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H-ONE Co's current ROCE % is 17.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H-ONE Co stock overvalued right now?
Based on GuruFocus' analysis, H-ONE Co (TSE:5989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円875.45, compared to a current price of 円1,534.00 — trading 75.2% above its estimated fair value. The current ROCE % is 17.39% and 119% above the Vehicles & Parts industry median of 7.94. H-ONE Co's overall GF Score™ is 57/100 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 H-ONE Co (TSE:5989), the current ROCE % is 17.39% 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 H-ONE Co (TSE:5989) Overvalued in 2026?

Based on GuruFocus' analysis, H-ONE Co stock appears to be overvalued. The current stock price of 円1,534.00 is trading 75.2% above its estimated GF Value™ of 円875.45. GuruFocus considers H-ONE Co to be Significantly Overvalued.

Key valuation signals for TSE:5989:

  • ROCE %: 17.39%
  • GF Value™: 円875.45 vs. price of 円1,534.00 (75.2% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 119% above the Vehicles & Parts median

No single metric tells the full story. See the TSE:5989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

H-ONE Co Business Description

Address 11-5, Sakuragi-cho 1-chome, Omiya-ku, Saitama-shi, Saitama, JPN, 3300854
H-ONE Co Ltd is engaged in manufacturing of mold welding equipment. The company is also engaged in stamping and welding of various metals such as auto parts and motorcycle parts. The product portfolio includes - Front bulkhead comp, Front side frame comp, Rear frame comp, Rear wheel house, Pillar comp, Door beam, and other parts.
57GF Score

Get the complete analysis for TSE:5989

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

円1,534.00
Price
円875.45
GF Value