Nippon Ski Resort Development Co (TSE:6040) ROCE %: 16.21% (As of Jan. 2026)

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TSE:6040 Nippon Ski Resort Development Co Ltd TSE:6040
79 GF Score
Price 円502.00
GF Value 円565.28
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nippon Ski Resort Development Co ROCE %?

Nippon Ski Resort Development Co TSE:6040 +0.80% 79 ROCE % is 16.21% as of Jan. 2026. GuruFocus rates TSE:6040 with a GF Score™ of 79/100 and a GF Value™ of 円565.28 (Modestly Undervalued). 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. Nippon Ski Resort Development Co's annualized ROCE % for the quarter that ended in Jan. 2026 was 16.21%.

Nippon Ski Resort Development Co  (TSE:6040) 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.

Nippon Ski Resort Development Co ROCE % Related Terms

Nippon Ski Resort Development Co ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Ski Resort Development 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.

Nippon Ski Resort Development Co ROCE % Chart

Nippon Ski Resort Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.55 4.52 18.31 19.75 21.53

Nippon Ski Resort Development Co Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 18.14 18.76 22.34 21.49 16.21
TSE:6040
79GF Score
Nippon Ski Resort Development Co Ltd TSE:6040
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Ski Resort Development Co ROCE % Calculation

Nippon Ski Resort Development Co's annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=2247.35/( ( (10990.294 - 1504.659) + (13404.943 - 2013.949) )/ 2 )
=2247.35/( (9485.635+11390.994)/ 2 )
=2247.35/10438.3145
=21.53 %

Nippon Ski Resort Development Co's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=1939.096/( ( (13404.943 - 2013.949) + (16005.954 - 3467.05) )/ 2 )
=1939.096/( ( 11390.994 + 12538.904 )/ 2 )
=1939.096/11964.949
=16.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 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 16.21% mean?
Nippon Ski Resort Development Co (TSE:6040) has a ROCE % of 16.21% as of Jan. 2026.
Is Nippon Ski Resort Development Co's ROCE % too high?
Nippon Ski Resort Development Co's current ROCE % is 16.21%. The Travel & Leisure industry median ROCE % is 6.08. Nippon Ski Resort Development Co's value of 16.21% is 166.8% above this industry median. Overall, Nippon Ski Resort Development Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ski Resort Development Co's ROCE % compare to LVS and MGM?
Nippon Ski Resort Development Co's ROCE % of 16.21% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Nippon Ski Resort Development Co's value of 16.21% is 166.8% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 834 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. Nippon Ski Resort Development Co's current ROCE % of 16.21% is 166.8% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ski Resort Development Co's current ROCE % is 16.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ski Resort Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ski Resort Development Co (TSE:6040) is currently considered Modestly Undervalued. The stock's GF Value™ is 円565.28, compared to a current price of 円502.00 — trading 11.2% below its estimated fair value. The current ROCE % is 16.21% and 166.8% above the Travel & Leisure industry median of 6.08. Nippon Ski Resort Development Co's overall GF Score™ is 79/100 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 Nippon Ski Resort Development Co (TSE:6040), the current ROCE % is 16.21% as of Jan. 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 Nippon Ski Resort Development Co (TSE:6040) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ski Resort Development Co stock appears to be undervalued. The current stock price of 円502.00 is trading 11.2% below its estimated GF Value™ of 円565.28. GuruFocus considers Nippon Ski Resort Development Co to be Modestly Undervalued.

Key valuation signals for TSE:6040:

  • ROCE %: 16.21%
  • GF Value™: 円565.28 vs. price of 円502.00 (11.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 166.8% above the Travel & Leisure median

No single metric tells the full story. See the TSE:6040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Ski Resort Development Co Business Description

Address 6329-1, Hokujo, Hakuba-mura Kitaazumi-gun, Nagano, JPN, 399-9301
Nippon Ski Resort Development Co Ltd engages in the management and operation of ski resorts, and relevant facilities and services. It also provides consulting and advisory services on ski resorts, including technical support, business support, rental business support, and other services.
79GF Score

Get the complete analysis for TSE:6040

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

円502.00
Price
円565.28
GF Value