TOC Co (TSE:8841) ROCE %: 2.81% (As of Mar. 2026)

What is TOC Co ROCE %?

TOC Co TSE:8841 81 ROCE % is 2.81% as of Mar. 2026. GuruFocus rates TSE:8841 with a GF Score™ of 81/100 and a GF Value™ of 円830.40 (Modestly 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. TOC Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.81%.

TOC Co (TSE:8841) 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.

TOC Co ROCE % Related Terms

TOC Co ROCE % Historical Data

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The historical data trend for TOC 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.

TOC Co ROCE % Chart

TOC Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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4.30

4.40

6.69

2.52

3.03

TOC Co 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															0.82	2.23	2.97	4.08	2.81

81GF Score

TOC Co Ltd TSE:8841

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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TOC Co ROCE % Calculation

TOC 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 )
	=	3447	/	( ( (114896 - 4135)	+	(122226 - 5377) )	/ 2 )
	=	3447	/	( (110761	+	116849)	/ 2 )
	=	3447	/	113805
	=	3.03 %

TOC 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 )
	=	3264	/	( ( (119733 - 4167)	+	(122226 - 5377) )	/ 2 )
	=	3264	/	( ( 115566	+	116849 )	/ 2 )
	=	3264	/	116207.5
	=	2.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 2.81% mean?

TOC Co (TSE:8841) has a ROCE % of 2.81% as of Mar. 2026.

Is TOC Co's ROCE % too high?

TOC Co's current ROCE % is 2.81%. The Real Estate industry median ROCE % is 4.64. TOC Co's value of 2.81% is 39.4% below this industry median. Overall, TOC Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does TOC Co's ROCE % compare to CBRE and BEKE?

TOC Co's ROCE % of 2.81% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. TOC Co's value of 2.81% is 39.4% below 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 Real Estate company?

The median ROCE % among Real Estate companies is 4.64, based on 1,760 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. TOC Co's current ROCE % of 2.81% is 39.4% below 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOC Co's current ROCE % is 2.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TOC Co stock overvalued right now?

Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円830.40, compared to a current price of 円972.00 — trading 17.1% above its estimated fair value. The current ROCE % is 2.81% and 39.4% below the Real Estate industry median of 4.64. TOC Co's overall GF Score™ is 81/100 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 TOC Co (TSE:8841), the current ROCE % is 2.81% 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 TOC Co (TSE:8841) Overvalued in 2026?

Based on GuruFocus' analysis, TOC Co stock appears to be overvalued. The current stock price of 円972.00 is trading 17.1% above its estimated GF Value™ of 円830.40. GuruFocus considers TOC Co to be Modestly Overvalued.

Key valuation signals for TSE:8841:

ROCE %: 2.81%
GF Value™: 円830.40 vs. price of 円972.00 (17.1% above fair value)
GF Score™: 81/100 with 4 warning signs
Industry Position: 39.4% below the Real Estate median

No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOC Co Business Description

Industry Real Estate Real Estate

Comparable Companies TSE:8818 TSE:3465 TSE:2986 TSE:2780 TSE:3479 TSE:3252 TSE:9661 TSE:2975 TSE:3496 TSE:3245 STC:VIC CBRE ISX:DCII XMAD:CLNX TSE:8830 XTER:VNA XTAE:AZRG BEKE HKSE:01972 ADX:MODON

Other Exchanges T3O:Germany

Address 7-22-17 Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website http://www.toc.co.jp/toc

TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.

81GF Score

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

円972.00

Price

円830.40

GF Value

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