Traders Holdings Co (TSE:8704) ROCE %: 47.42% (As of Mar. 2026)


TSE:8704 Traders Holdings Co Ltd TSE:8704
85 GF Score
Price 円1,246.00
GF Value 円1,033.60
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Traders Holdings Co ROCE %?

Traders Holdings Co TSE:8704 +1.88% 85 ROCE % is 47.42% as of Mar. 2026. GuruFocus rates TSE:8704 with a GF Score™ of 85/100 and a GF Value™ of 円1,033.60 (Modestly Overvalued). The stock has 5 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. Traders Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 47.42%.

Traders Holdings Co  (TSE:8704) 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.

Traders Holdings Co ROCE % Related Terms

Traders Holdings Co ROCE % Historical Data

* Premium members only.

The historical data trend for Traders Holdings 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.

Traders Holdings Co ROCE % Chart

Traders Holdings 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 26.52 30.96 31.93 41.66 32.55

Traders Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 32.30 23.13 30.51 47.42
TSE:8704
85GF Score
Traders Holdings Co Ltd TSE:8704
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Traders Holdings Co ROCE % Calculation

Traders Holdings 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 )
=6165/( ( (125048 - 107419) + (165756 - 145510) )/ 2 )
=6165/( (17629+20246)/ 2 )
=6165/18937.5
=32.55 %

Traders Holdings 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 )
=9244/( ( (157238 - 138493) + (165756 - 145510) )/ 2 )
=9244/( ( 18745 + 20246 )/ 2 )
=9244/19495.5
=47.42 %

(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 47.42% mean?
Traders Holdings Co (TSE:8704) has a ROCE % of 47.42% as of Mar. 2026.
Is Traders Holdings Co's ROCE % too high?
Traders Holdings Co's current ROCE % is 47.42%. The Capital Markets industry median ROCE % is 5.67. Traders Holdings Co's value of 47.42% is 736.3% above this industry median. Overall, Traders Holdings Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Traders Holdings Co's ROCE % compare to MS and GS?
Traders Holdings Co's ROCE % of 47.42% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.67. Traders Holdings Co's value of 47.42% is 736.3% 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.67, based on 690 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. Traders Holdings Co's current ROCE % of 47.42% is 736.3% 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 Capital Markets industry, the median ROCE % is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Traders Holdings Co's current ROCE % is 47.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traders Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Traders Holdings Co (TSE:8704) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,033.60, compared to a current price of 円1,246.00 — trading 20.5% above its estimated fair value. The current ROCE % is 47.42% and 736.3% above the Capital Markets industry median of 5.67. Traders Holdings Co's overall GF Score™ is 85/100 with 5 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 Traders Holdings Co (TSE:8704), the current ROCE % is 47.42% 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 Traders Holdings Co (TSE:8704) Overvalued in 2026?

Based on GuruFocus' analysis, Traders Holdings Co stock appears to be overvalued. The current stock price of 円1,246.00 is trading 20.5% above its estimated GF Value™ of 円1,033.60. GuruFocus considers Traders Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:8704:

  • ROCE %: 47.42%
  • GF Value™: 円1,033.60 vs. price of 円1,246.00 (20.5% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 736.3% above the Capital Markets median

No single metric tells the full story. See the TSE:8704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Traders Holdings Co Business Description

Address 20-3 Ebisu 4-chome, 28th Floor, Yebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6028
Traders Holdings Co Ltd is a holding company engaged in the provision of financial services. Through its subsidiaries, it offers foreign exchange and securities trading services. Its services comprise futures and options trading, spot trading, financial brokerage services, and online securities trading services, among others.
85GF Score

Get the complete analysis for TSE:8704

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

円1,246.00
Price
円1,033.60
GF Value