Placo Co (TSE:6347) ROCE %: 23.36% (As of Mar. 2026)

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TSE:6347 Placo Co Ltd TSE:6347
62 GF Score
Price 円266.00
GF Value 円186.70
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Placo Co ROCE %?

Placo Co TSE:6347 +1.53% 62 ROCE % is 23.36% as of Mar. 2026. GuruFocus rates TSE:6347 with a GF Score™ of 62/100 and a GF Value™ of 円186.70 (Significantly 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. Placo Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.36%.

Placo Co  (TSE:6347) 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.

Placo Co ROCE % Related Terms

Placo Co ROCE % Historical Data

* Premium members only.

The historical data trend for Placo 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.

Placo Co ROCE % Chart

Placo 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 10.03 7.30 -10.02 -3.20 6.14

Placo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -4.11 2.74 7.10 23.36 -0.41
TSE:6347
62GF Score
Placo Co Ltd TSE:6347
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Placo Co ROCE % Calculation

Placo 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 )
=144.314/( ( (3052.731 - 466.213) + (3134.806 - 1017.114) )/ 2 )
=144.314/( (2586.518+2117.692)/ 2 )
=144.314/2352.105
=6.14 %

Placo 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 )
=480.636/( ( (2952.207 - 954.709) + (3134.806 - 1017.114) )/ 2 )
=480.636/( ( 1997.498 + 2117.692 )/ 2 )
=480.636/2057.595
=23.36 %

(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 23.36% mean?
Placo Co (TSE:6347) has a ROCE % of 23.36% as of Mar. 2026.
Is Placo Co's ROCE % too high?
Placo Co's current ROCE % is 23.36%. The Industrial Products industry median ROCE % is 7.40. Placo Co's value of 23.36% is 215.9% above this industry median. Overall, Placo Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Placo Co's ROCE % compare to GEV and ETN?
Placo Co's ROCE % of 23.36% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.40. Placo Co's value of 23.36% is 215.9% 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 7.40, based on 3,036 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. Placo Co's current ROCE % of 23.36% is 215.9% 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 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Placo Co's current ROCE % is 23.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Placo Co stock overvalued right now?
Based on GuruFocus' analysis, Placo Co (TSE:6347) is currently considered Significantly Overvalued. The stock's GF Value™ is 円186.70, compared to a current price of 円266.00 — trading 42.5% above its estimated fair value. The current ROCE % is 23.36% and 215.9% above the Industrial Products industry median of 7.40. Placo 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 Placo Co (TSE:6347), the current ROCE % is 23.36% 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 Placo Co (TSE:6347) Overvalued in 2026?

Based on GuruFocus' analysis, Placo Co stock appears to be overvalued. The current stock price of 円266.00 is trading 42.5% above its estimated GF Value™ of 円186.70. GuruFocus considers Placo Co to be Significantly Overvalued.

Key valuation signals for TSE:6347:

  • ROCE %: 23.36%
  • GF Value™: 円186.70 vs. price of 円266.00 (42.5% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 215.9% above the Industrial Products median

No single metric tells the full story. See the TSE:6347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Placo Co Business Description

Address 550 Sasakubo Shinden, Iwatsuki-ku, Saitama prefecture, Saitama, JPN, 339 8558
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. The company offers products such as blown film forming machine, blow molding machine, recycling machine, inflation molding equipment, and others.
62GF Score

Get the complete analysis for TSE:6347

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

円266.00
Price
円186.70
GF Value