FJ Next Holdings Co (TSE:8935) ROCE %: 18.99% (As of Mar. 2026)


TSE:8935 FJ Next Holdings Co Ltd TSE:8935
93 GF Score
Price 円1,749.00
GF Value 円1,811.27
Valuation Fairly Valued
! 4 Warning Signs
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What is FJ Next Holdings Co ROCE %?

FJ Next Holdings Co TSE:8935 +1.63% 93 ROCE % is 18.99% as of Mar. 2026. GuruFocus rates TSE:8935 with a GF Score™ of 93/100 and a GF Value™ of 円1,811.27 (Fairly Valued). 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. FJ Next Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.99%.

FJ Next Holdings Co  (TSE:8935) 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.

FJ Next Holdings Co ROCE % Related Terms

FJ Next Holdings Co ROCE % Historical Data

* Premium members only.

The historical data trend for FJ Next 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.

FJ Next Holdings Co ROCE % Chart

FJ Next 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 12.86 11.24 12.12 11.24 15.49

FJ Next Holdings 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 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 11.62 9.81 12.14 12.00 18.99
TSE:8935
93GF Score
FJ Next Holdings Co Ltd TSE:8935
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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FJ Next Holdings Co ROCE % Calculation

FJ Next 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 )
=14502/( ( (105477 - 15841) + (113869 - 16266) )/ 2 )
=14502/( (89636+97603)/ 2 )
=14502/93619.5
=15.49 %

FJ Next 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: 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 )
=18068/( ( (108744 - 16048) + (113869 - 16266) )/ 2 )
=18068/( ( 92696 + 97603 )/ 2 )
=18068/95149.5
=18.99 %

(1) Note: The EBIT data used here is two times the semi-annual (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 18.99% mean?
FJ Next Holdings Co (TSE:8935) has a ROCE % of 18.99% as of Mar. 2026.
Is FJ Next Holdings Co's ROCE % too high?
FJ Next Holdings Co's current ROCE % is 18.99%. The Real Estate industry median ROCE % is 4.66. FJ Next Holdings Co's value of 18.99% is 307.5% above this industry median. Overall, FJ Next Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FJ Next Holdings Co's ROCE % compare to competitors?
FJ Next Holdings Co's ROCE % of 18.99% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. FJ Next Holdings Co's value of 18.99% is 307.5% 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 4.66, based on 1,757 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. FJ Next Holdings Co's current ROCE % of 18.99% is 307.5% 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 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FJ Next Holdings Co's current ROCE % is 18.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FJ Next Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, FJ Next Holdings Co (TSE:8935) is currently considered Fairly Valued. The stock's GF Value™ is 円1,811.27, compared to a current price of 円1,749.00 — trading 3.4% below its estimated fair value. The current ROCE % is 18.99% and 307.5% above the Real Estate industry median of 4.66. FJ Next Holdings Co's overall GF Score™ is 93/100 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 FJ Next Holdings Co (TSE:8935), the current ROCE % is 18.99% 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 FJ Next Holdings Co (TSE:8935) Overvalued in 2026?

Based on GuruFocus' analysis, FJ Next Holdings Co stock appears to be undervalued. The current stock price of 円1,749.00 is trading 3.4% below its estimated GF Value™ of 円1,811.27. GuruFocus considers FJ Next Holdings Co to be Fairly Valued.

Key valuation signals for TSE:8935:

  • ROCE %: 18.99%
  • GF Value™: 円1,811.27 vs. price of 円1,749.00 (3.4% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 307.5% above the Real Estate median

No single metric tells the full story. See the TSE:8935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FJ Next Holdings Co Business Description

Address 5-1 Nishi-Shinjuku 6-chome, 10th Floor, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1310
FJ Next Holdings Co Ltd operates in the real estate sector in Japan. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Development, Real Estate Management, Construction, Hotel, and others. The majority of its revenue is generated from the Real Estate Development business, which is engaged in the development, sales, and marketing of studio apartments, resort properties, and family apartments (Gala Mansion Series and Gala Residencies) mainly in the Tokyo metropolitan area. In addition, this segment also offers rental recruitment and real estate brokerage services.
93GF Score

Get the complete analysis for TSE:8935

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

円1,749.00
Price
円1,811.27
GF Value