Aoyama Zaisan Networks Co (TSE:8929) ROCE %: 5.78% (As of Dec. 2025)


TSE:8929 Aoyama Zaisan Networks Co Ltd TSE:8929
88 GF Score
Price 円1,272.00
GF Value 円1,434.92
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aoyama Zaisan Networks Co ROCE %?

Aoyama Zaisan Networks Co TSE:8929 -0.47% 88 ROCE % is 5.78% as of Dec. 2025. GuruFocus rates TSE:8929 with a GF Score™ of 88/100 and a GF Value™ of 円1,434.92 (Modestly Undervalued). 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. Aoyama Zaisan Networks Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.78%.

Aoyama Zaisan Networks Co  (TSE:8929) 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.

Aoyama Zaisan Networks Co ROCE % Related Terms

Aoyama Zaisan Networks Co ROCE % Historical Data

* Premium members only.

The historical data trend for Aoyama Zaisan Networks 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.

Aoyama Zaisan Networks Co ROCE % Chart

Aoyama Zaisan Networks Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.89 16.94 18.54 19.55 20.61

Aoyama Zaisan Networks 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 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 15.71 28.95 32.18 5.78 18.37
TSE:8929
88GF Score
Aoyama Zaisan Networks Co Ltd TSE:8929
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Zaisan Networks Co ROCE % Calculation

Aoyama Zaisan Networks Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3894/( ( (23280 - 5705) + (26278 - 6060) )/ 2 )
=3894/( (17575+20218)/ 2 )
=3894/18896.5
=20.61 %

Aoyama Zaisan Networks 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 )
=1140/( ( (24743 - 5490) + (26278 - 6060) )/ 2 )
=1140/( ( 19253 + 20218 )/ 2 )
=1140/19735.5
=5.78 %

(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 5.78% mean?
Aoyama Zaisan Networks Co (TSE:8929) has a ROCE % of 5.78% as of Dec. 2025.
Is Aoyama Zaisan Networks Co's ROCE % too high?
Aoyama Zaisan Networks Co's current ROCE % is 5.78%. The Real Estate industry median ROCE % is 4.68. Aoyama Zaisan Networks Co's value of 5.78% is 23.5% above this industry median. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's ROCE % compare to CBRE and BEKE?
Aoyama Zaisan Networks Co's ROCE % of 5.78% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.68. Aoyama Zaisan Networks Co's value of 5.78% is 23.5% 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 4.68, based on 1,755 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. Aoyama Zaisan Networks Co's current ROCE % of 5.78% is 23.5% 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 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current ROCE % is 5.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,434.92, compared to a current price of 円1,272.00 — trading 11.4% below its estimated fair value. The current ROCE % is 5.78% and 23.5% above the Real Estate industry median of 4.68. Aoyama Zaisan Networks Co's overall GF Score™ is 88/100 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 Aoyama Zaisan Networks Co (TSE:8929), the current ROCE % is 5.78% 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued. The current stock price of 円1,272.00 is trading 11.4% below its estimated GF Value™ of 円1,434.92. GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.

Key valuation signals for TSE:8929:

  • ROCE %: 5.78%
  • GF Value™: 円1,434.92 vs. price of 円1,272.00 (11.4% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 23.5% above the Real Estate median

No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aoyama Zaisan Networks Co Business Description

Address 8-4-14 Akasaka, Aoyama Tower Place, 3rd floor, Minato-ku, Tokyo, JPN, 107 0052
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
88GF Score

Get the complete analysis for TSE:8929

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

円1,272.00
Price
円1,434.92
GF Value