Airport Facilities Co (TSE:8864) ROCE %: 7.96% (As of Mar. 2026)

What is Airport Facilities Co ROCE %?

Airport Facilities Co TSE:8864 +1.20% 82 ROCE % is 7.96% as of Mar. 2026. GuruFocus rates TSE:8864 with a GF Score™ of 82/100 and a GF Value™ of 円870.33 (Fairly Valued). The stock has 2 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. Airport Facilities Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.96%.

Airport Facilities Co (TSE:8864) 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.

Airport Facilities Co ROCE % Related Terms

Airport Facilities Co ROCE % Historical Data

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The historical data trend for Airport Facilities 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.

Airport Facilities Co ROCE % Chart

Airport Facilities Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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2.21

2.71

3.61

3.86

5.73

Airport Facilities Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															2.85	5.56	2.05	3.59	7.96

82GF Score

Airport Facilities Co Ltd TSE:8864

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

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Airport Facilities Co ROCE % Calculation

Airport Facilities 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 )
	=	5670	/	( ( (108580 - 11417)	+	(112049 - 11286) )	/ 2 )
	=	5670	/	( (97163	+	100763)	/ 2 )
	=	5670	/	98963
	=	5.73 %

Airport Facilities 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: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	7856	/	( ( (109958 - 13235)	+	(112049 - 11286) )	/ 2 )
	=	7856	/	( ( 96723	+	100763 )	/ 2 )
	=	7856	/	98743
	=	7.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 7.96% mean?

Airport Facilities Co (TSE:8864) has a ROCE % of 7.96% as of Mar. 2026.

Is Airport Facilities Co's ROCE % too high?

Airport Facilities Co's current ROCE % is 7.96%. The Real Estate industry median ROCE % is 4.64. Airport Facilities Co's value of 7.96% is 71.6% above this industry median. Overall, Airport Facilities Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

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

Airport Facilities Co's ROCE % of 7.96% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. Airport Facilities Co's value of 7.96% is 71.6% 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 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. Airport Facilities Co's current ROCE % of 7.96% is 71.6% 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 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. Airport Facilities Co's current ROCE % is 7.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Airport Facilities Co stock overvalued right now?

Based on GuruFocus' analysis, Airport Facilities Co (TSE:8864) is currently considered Fairly Valued. The stock's GF Value™ is 円870.33, compared to a current price of 円929.00 — trading 6.7% above its estimated fair value. The current ROCE % is 7.96% and 71.6% above the Real Estate industry median of 4.64. Airport Facilities Co's overall GF Score™ is 82/100 with 2 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 Airport Facilities Co (TSE:8864), the current ROCE % is 7.96% 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 Airport Facilities Co (TSE:8864) Overvalued in 2026?

Based on GuruFocus' analysis, Airport Facilities Co stock appears to be overvalued. The current stock price of 円929.00 is trading 6.7% above its estimated GF Value™ of 円870.33. GuruFocus considers Airport Facilities Co to be Fairly Valued.

Key valuation signals for TSE:8864:

ROCE %: 7.96%
GF Value™: 円870.33 vs. price of 円929.00 (6.7% above fair value)
GF Score™: 82/100 with 2 warning signs
Industry Position: 71.6% above the Real Estate median

No single metric tells the full story. See the TSE:8864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Airport Facilities Co Business Description

Industry Real Estate Real Estate

Comparable Companies TSE:8844 TSE:3482 TSE:8914 TSE:2980 TSE:3245 TSE:3496 TSE:2975 TSE:9661 TSE:8929 TSE:8881 STC:VIC CBRE ISX:DCII XMAD:CLNX TSE:8830 XTER:VNA XTAE:AZRG BEKE HKSE:01972 ADX:MODON

Address 1-6-5 Haneda Airport, Ota-ku, 6-7F, Sogo Building No. 5, Tokyo, JPN, 144-0041

Website https://www.afc.jp

Airport Facilities Co Ltd is engaged in real estate leasing, heat supply business, and water supply and drainage management businesses. The company generates the majority of its revenue from the Real Estate business.

82GF Score

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

円929.00

Price

円870.33

GF Value

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