AirTrip (TSE:6191) ROCE %: 22.26% (As of Mar. 2026)


TSE:6191 AirTrip Corp TSE:6191
75 GF Score
Price 円870.00
GF Value 円1,437.80
Valuation Significantly Undervalued
! 4 Warning Signs
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What is AirTrip ROCE %?

AirTrip TSE:6191 +8.75% 75 ROCE % is 22.26% as of Mar. 2026. GuruFocus rates TSE:6191 with a GF Score™ of 75/100 and a GF Value™ of 円1,437.80 (Significantly Undervalued). The stock has 4 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. AirTrip's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.26%.


AirTrip  (TSE:6191) 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.


AirTrip ROCE % Related Terms


AirTrip ROCE % Historical Data

* Premium members only.

The historical data trend for AirTrip'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.

AirTrip ROCE % Chart

AirTrip Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.82 16.76 12.95 13.99 16.82

AirTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 20.15 25.09 8.94 22.66 22.26
TSE:6191
75GF Score
AirTrip Corp TSE:6191
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AirTrip ROCE % Calculation

AirTrip's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=3131/( ( (28803 - 11363) + (32147 - 12363) )/ 2 )
=3131/( (17440+19784)/ 2 )
=3131/18612
=16.82 %

AirTrip'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 )
=5248/( ( (35981 - 13192) + (40809 - 16445) )/ 2 )
=5248/( ( 22789 + 24364 )/ 2 )
=5248/23576.5
=22.26 %

(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 22.26% mean?
AirTrip (TSE:6191) has a ROCE % of 22.26% as of Mar. 2026.
Is AirTrip's ROCE % too high?
AirTrip's current ROCE % is 22.26%. The Travel & Leisure industry median ROCE % is 6.15. AirTrip's value of 22.26% is 262.2% above this industry median. Overall, AirTrip has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AirTrip's ROCE % compare to BKNG and ABNB?
AirTrip's ROCE % of 22.26% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.15. AirTrip's value of 22.26% is 262.2% 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 6.15, based on 832 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. AirTrip's current ROCE % of 22.26% is 262.2% 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 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AirTrip's current ROCE % is 22.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirTrip stock overvalued right now?
Based on GuruFocus' analysis, AirTrip (TSE:6191) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,437.80, compared to a current price of 円870.00 — trading 39.5% below its estimated fair value. The current ROCE % is 22.26% and 262.2% above the Travel & Leisure industry median of 6.15. AirTrip's overall GF Score™ is 75/100 with 4 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 AirTrip (TSE:6191), the current ROCE % is 22.26% 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 AirTrip (TSE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, AirTrip stock appears to be undervalued. The current stock price of 円870.00 is trading 39.5% below its estimated GF Value™ of 円1,437.80. GuruFocus considers AirTrip to be Significantly Undervalued.

Key valuation signals for TSE:6191:

  • ROCE %: 22.26%
  • GF Value™: 円1,437.80 vs. price of 円870.00 (39.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 262.2% above the Travel & Leisure median

No single metric tells the full story. See the TSE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirTrip Business Description

Address 2-5-1, Atago, 19th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-6219
AirTrip Corp operates an online travel agency in Japan. The company also provides tourism services. In addition, it offers offshore IT development services, including laboratory offshore development and BPO services. Further, the company engages in the investment business. The group operates in three main business pillars: online travel business, IT offshore development business, and investment business.
75GF Score

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

円870.00
Price
円1,437.80
GF Value