Kikukawa Enterprise (TSE:6346) ROCE %: 3.17% (As of Mar. 2026)


TSE:6346 Kikukawa Enterprise Inc TSE:6346
68 GF Score
Price 円5,580.00
GF Value 円4,005.91
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kikukawa Enterprise ROCE %?

Kikukawa Enterprise TSE:6346 +1.45% 68 ROCE % is 3.17% as of Mar. 2026. GuruFocus rates TSE:6346 with a GF Score™ of 68/100 and a GF Value™ of 円4,005.91 (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. Kikukawa Enterprise's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.17%.


Kikukawa Enterprise  (TSE:6346) 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.


Kikukawa Enterprise ROCE % Related Terms


Kikukawa Enterprise ROCE % Historical Data

* Premium members only.

The historical data trend for Kikukawa Enterprise'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.

Kikukawa Enterprise ROCE % Chart

Kikukawa Enterprise 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 4.17 4.42 7.05 8.02 3.45

Kikukawa Enterprise 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 13.82 4.90 11.28 3.76 3.17
TSE:6346
68GF Score
Kikukawa Enterprise Inc TSE:6346
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikukawa Enterprise ROCE % Calculation

Kikukawa Enterprise'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 )
=470.948/( ( (14518.193 - 1302.856) + (14801.189 - 709.549) )/ 2 )
=470.948/( (13215.337+14091.64)/ 2 )
=470.948/13653.4885
=3.45 %

Kikukawa Enterprise'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 )
=438.126/( ( (14269.315 - 709.706) + (14801.189 - 709.549) )/ 2 )
=438.126/( ( 13559.609 + 14091.64 )/ 2 )
=438.126/13825.6245
=3.17 %

(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 3.17% mean?
Kikukawa Enterprise (TSE:6346) has a ROCE % of 3.17% as of Mar. 2026.
Is Kikukawa Enterprise's ROCE % too high?
Kikukawa Enterprise's current ROCE % is 3.17%. The Industrial Products industry median ROCE % is 7.09. Kikukawa Enterprise's value of 3.17% is 55.3% below this industry median. Overall, Kikukawa Enterprise has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kikukawa Enterprise's ROCE % compare to GEV and ETN?
Kikukawa Enterprise's ROCE % of 3.17% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Kikukawa Enterprise's value of 3.17% is 55.3% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 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. Kikukawa Enterprise's current ROCE % of 3.17% is 55.3% 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 Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kikukawa Enterprise's current ROCE % is 3.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikukawa Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Kikukawa Enterprise (TSE:6346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,005.91, compared to a current price of 円5,580.00 — trading 39.3% above its estimated fair value. The current ROCE % is 3.17% and 55.3% below the Industrial Products industry median of 7.09. Kikukawa Enterprise's overall GF Score™ is 68/100 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 Kikukawa Enterprise (TSE:6346), the current ROCE % is 3.17% 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 Kikukawa Enterprise (TSE:6346) Overvalued in 2026?

Based on GuruFocus' analysis, Kikukawa Enterprise stock appears to be overvalued. The current stock price of 円5,580.00 is trading 39.3% above its estimated GF Value™ of 円4,005.91. GuruFocus considers Kikukawa Enterprise to be Significantly Overvalued.

Key valuation signals for TSE:6346:

  • ROCE %: 3.17%
  • GF Value™: 円4,005.91 vs. price of 円5,580.00 (39.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 55.3% below the Industrial Products median

No single metric tells the full story. See the TSE:6346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikukawa Enterprise Business Description

Other Exchanges 6346:Japan
Address 3477-36 Asama-cho, Mie Prefecture, Ise, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.
68GF Score

Get the complete analysis for TSE:6346

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

円5,580.00
Price
円4,005.91
GF Value