Meidensha (TSE:6508) ROCE %: 29.01% (As of Mar. 2026)


TSE:6508 Meidensha Corp TSE:6508
73 GF Score
Price 円9,750.00
GF Value 円4,469.45
Valuation Significantly Overvalued
View Full Analysis

What is Meidensha ROCE %?

Meidensha TSE:6508 -5.43% 73 ROCE % is 29.01% as of Mar. 2026. GuruFocus rates TSE:6508 with a GF Score™ of 73/100 and a GF Value™ of 円4,469.45 (Significantly Overvalued).

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. Meidensha's annualized ROCE % for the quarter that ended in Mar. 2026 was 29.01%.

Meidensha  (TSE:6508) 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.

Meidensha ROCE % Related Terms

Meidensha ROCE % Historical Data

* Premium members only.

The historical data trend for Meidensha'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.

Meidensha ROCE % Chart

Meidensha 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 5.83 5.97 8.34 11.44 13.49

Meidensha 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 28.76 1.41 4.72 18.85 29.01
TSE:6508
73GF Score
Meidensha Corp TSE:6508
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meidensha ROCE % Calculation

Meidensha'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 )
=31748/( ( (341347 - 118069) + (373668 - 126388) )/ 2 )
=31748/( (223278+247280)/ 2 )
=31748/235279
=13.49 %

Meidensha'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 )
=70000/( ( (356717 - 121478) + (373668 - 126388) )/ 2 )
=70000/( ( 235239 + 247280 )/ 2 )
=70000/241259.5
=29.01 %

(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 29.01% mean?
Meidensha (TSE:6508) has a ROCE % of 29.01% as of Mar. 2026.
Is Meidensha's ROCE % too high?
Meidensha's current ROCE % is 29.01%. The Industrial Products industry median ROCE % is 7.10. Meidensha's value of 29.01% is 308.6% above this industry median. Overall, Meidensha has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meidensha's ROCE % compare to GEV and ETN?
Meidensha's ROCE % of 29.01% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Meidensha's value of 29.01% is 308.6% 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 7.10, based on 3,032 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. Meidensha's current ROCE % of 29.01% is 308.6% 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 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meidensha's current ROCE % is 29.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meidensha stock overvalued right now?
Based on GuruFocus' analysis, Meidensha (TSE:6508) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,469.45, compared to a current price of 円9,750.00 — trading 118.1% above its estimated fair value. The current ROCE % is 29.01% and 308.6% above the Industrial Products industry median of 7.10. Meidensha's overall GF Score™ is 73/100. 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 Meidensha (TSE:6508), the current ROCE % is 29.01% 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 Meidensha (TSE:6508) Overvalued in 2026?

Based on GuruFocus' analysis, Meidensha stock appears to be overvalued. The current stock price of 円9,750.00 is trading 118.1% above its estimated GF Value™ of 円4,469.45. GuruFocus considers Meidensha to be Significantly Overvalued.

Key valuation signals for TSE:6508:

  • ROCE %: 29.01%
  • GF Value™: 円4,469.45 vs. price of 円9,750.00 (118.1% above fair value)
  • GF Score™: 73/100
  • Industry Position: 308.6% above the Industrial Products median

No single metric tells the full story. See the TSE:6508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meidensha Business Description

Other Exchanges MW7:Germany
Address ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6029
Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.
73GF Score

Get the complete analysis for TSE:6508

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

円9,750.00
Price
円4,469.45
GF Value