Techno Horizon Co (TSE:6629) ROCE %: 17.15% (As of Dec. 2025)


TSE:6629 Techno Horizon Co Ltd TSE:6629
55 GF Score
Price 円1,031.00
GF Value 円518.48
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Techno Horizon Co ROCE %?

Techno Horizon Co TSE:6629 -3.91% 55 ROCE % is 17.15% as of Dec. 2025. GuruFocus rates TSE:6629 with a GF Score™ of 55/100 and a GF Value™ of 円518.48 (Significantly Overvalued). 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. Techno Horizon Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 17.15%.

Techno Horizon Co  (TSE:6629) 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.

Techno Horizon Co ROCE % Related Terms

Techno Horizon Co ROCE % Historical Data

* Premium members only.

The historical data trend for Techno Horizon 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.

Techno Horizon Co ROCE % Chart

Techno Horizon 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 7.26 -4.73 10.37 -0.25 -0.24

Techno Horizon Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 16.65 -20.03 0.00 17.15 -41.18
TSE:6629
55GF Score
Techno Horizon Co Ltd TSE:6629
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Techno Horizon Co ROCE % Calculation

Techno Horizon 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 )
=-37.566/( ( (37397.01 - 22560.911) + (39412.036 - 23562.083) )/ 2 )
=-37.566/( (14836.099+15849.953)/ 2 )
=-37.566/15343.026
=-0.24 %

Techno Horizon Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=2507.9/( ( (34583.16 - 20049.106) + (34957.759 - 20245.533) )/ 2 )
=2507.9/( ( 14534.054 + 14712.226 )/ 2 )
=2507.9/14623.14
=17.15 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 17.15% mean?
Techno Horizon Co (TSE:6629) has a ROCE % of 17.15% as of Dec. 2025.
Is Techno Horizon Co's ROCE % too high?
Techno Horizon Co's current ROCE % is 17.15%. The Hardware industry median ROCE % is 5.83. Techno Horizon Co's value of 17.15% is 194.2% above this industry median. Overall, Techno Horizon Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techno Horizon Co's ROCE % compare to APH and GLW?
Techno Horizon Co's ROCE % of 17.15% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Techno Horizon Co's value of 17.15% is 194.2% 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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. Techno Horizon Co's current ROCE % of 17.15% is 194.2% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Horizon Co's current ROCE % is 17.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Horizon Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Horizon Co (TSE:6629) is currently considered Significantly Overvalued. The stock's GF Value™ is 円518.48, compared to a current price of 円1,031.00 — trading 98.9% above its estimated fair value. The current ROCE % is 17.15% and 194.2% above the Hardware industry median of 5.83. Techno Horizon Co's overall GF Score™ is 55/100 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 Techno Horizon Co (TSE:6629), the current ROCE % is 17.15% as of Dec. 2025. 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 Techno Horizon Co (TSE:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Horizon Co stock appears to be overvalued. The current stock price of 円1,031.00 is trading 98.9% above its estimated GF Value™ of 円518.48. GuruFocus considers Techno Horizon Co to be Significantly Overvalued.

Key valuation signals for TSE:6629:

  • ROCE %: 17.15%
  • GF Value™: 円518.48 vs. price of 円1,031.00 (98.9% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 194.2% above the Hardware median

No single metric tells the full story. See the TSE:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Techno Horizon Co Business Description

Other Exchanges X5X:Germany
Address 2-13-1 Chikama-tori, Minami-ku, Nagoya, Aichi, JPN, 457-0071
Techno Horizon Co Ltd is a Japan-based company engaged in optical business and electronic business. The company manufactures and sells optical, electrical, medical, and precision equipment; develops, manufactures, and sells information and communication equipment, FA related equipment, and other electronic devices; and produces and sells various optical lenses and plastic moulded products, as well as provides system integration services.
55GF Score

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

円1,031.00
Price
円518.48
GF Value