Forum Engineering (TSE:7088) ROCE %: 39.62% (As of Sep. 2025)

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TSE:7088 Forum Engineering Inc TSE:7088
59 GF Score
Price 円1,699.00
GF Value 円1,034.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Forum Engineering ROCE %?

Forum Engineering TSE:7088 59 ROCE % is 39.62% as of Sep. 2025. GuruFocus rates TSE:7088 with a GF Score™ of 59/100 and a GF Value™ of 円1,034.36 (Significantly Overvalued). The stock has 6 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. Forum Engineering's annualized ROCE % for the quarter that ended in Sep. 2025 was 39.62%.

Forum Engineering  (TSE:7088) 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.

Forum Engineering ROCE % Related Terms

Forum Engineering ROCE % Historical Data

* Premium members only.

The historical data trend for Forum Engineering'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.

Forum Engineering ROCE % Chart

Forum Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial 15.93 15.21 13.62 23.92 32.30

Forum Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25
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 28.95 0.00 37.68 39.62 33.56
TSE:7088
59GF Score
Forum Engineering Inc TSE:7088
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forum Engineering ROCE % Calculation

Forum Engineering's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=4288/( ( (17918 - 4618) + (18778 - 5526) )/ 2 )
=4288/( (13300+13252)/ 2 )
=4288/13276
=32.30 %

Forum Engineering's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=5064/( ( (18506 - 6176) + (18514 - 5283) )/ 2 )
=5064/( ( 12330 + 13231 )/ 2 )
=5064/12780.5
=39.62 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 39.62% mean?
Forum Engineering (TSE:7088) has a ROCE % of 39.62% as of Sep. 2025.
Is Forum Engineering's ROCE % too high?
Forum Engineering's current ROCE % is 39.62%. The Business Services industry median ROCE % is 9.04. Forum Engineering's value of 39.62% is 338.3% above this industry median. Overall, Forum Engineering has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Engineering's ROCE % compare to KFY and RHI?
Forum Engineering's ROCE % of 39.62% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.04. Forum Engineering's value of 39.62% is 338.3% 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 Business Services company?
The median ROCE % among Business Services companies is 9.04, based on 1,072 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. Forum Engineering's current ROCE % of 39.62% is 338.3% 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 Business Services industry, the median ROCE % is 9.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Engineering's current ROCE % is 39.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Engineering stock overvalued right now?
Based on GuruFocus' analysis, Forum Engineering (TSE:7088) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,034.36, compared to a current price of 円1,699.00 — trading 64.3% above its estimated fair value. The current ROCE % is 39.62% and 338.3% above the Business Services industry median of 9.04. Forum Engineering's overall GF Score™ is 59/100 with 6 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 Forum Engineering (TSE:7088), the current ROCE % is 39.62% as of Sep. 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 Forum Engineering (TSE:7088) Overvalued in 2026?

Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued. The current stock price of 円1,699.00 is trading 64.3% above its estimated GF Value™ of 円1,034.36. GuruFocus considers Forum Engineering to be Significantly Overvalued.

Key valuation signals for TSE:7088:

  • ROCE %: 39.62%
  • GF Value™: 円1,034.36 vs. price of 円1,699.00 (64.3% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 338.3% above the Business Services median

No single metric tells the full story. See the TSE:7088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forum Engineering Business Description

Address 4-3-1 Toranomon Minato-ku, Shiroyama Trust Tower 24th Floor, Tokyo, JPN, 105-6024
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
59GF Score

Get the complete analysis for TSE:7088

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

円1,699.00
Price
円1,034.36
GF Value