Starts Proceed Investment (TSE:8979) ROCE %: 3.32% (As of Oct. 2025)

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TSE:8979 Starts Proceed Investment Corp TSE:8979
64 GF Score
Price 円187,100.00
GF Value 円211,918.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Starts Proceed Investment ROCE %?

Starts Proceed Investment TSE:8979 -0.43% 64 ROCE % is 3.32% as of Oct. 2025. GuruFocus rates TSE:8979 with a GF Score™ of 64/100 and a GF Value™ of 円211,918.35 (Modestly Undervalued). The stock has 6 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. Starts Proceed Investment's annualized ROCE % for the quarter that ended in Oct. 2025 was 3.32%.

Starts Proceed Investment  (TSE:8979) 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.

Starts Proceed Investment ROCE % Related Terms

Starts Proceed Investment ROCE % Historical Data

* Premium members only.

The historical data trend for Starts Proceed Investment'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.

Starts Proceed Investment ROCE % Chart

Starts Proceed Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.58 3.55 3.52 3.48

Starts Proceed Investment Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 3.10 3.56 3.53 3.59 3.32
TSE:8979
64GF Score
Starts Proceed Investment Corp TSE:8979
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starts Proceed Investment ROCE % Calculation

Starts Proceed Investment's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=3293.108/( ( (103834.781 - 8735.289) + (101715.374 - 7407.222) )/ 2 )
=3293.108/( (95099.492+94308.152)/ 2 )
=3293.108/94703.822
=3.48 %

Starts Proceed Investment's ROCE % of for the quarter that ended in Oct. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=3161.394/( ( (101988.093 - 6130.201) + (101715.374 - 7407.222) )/ 2 )
=3161.394/( ( 95857.892 + 94308.152 )/ 2 )
=3161.394/95083.022
=3.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 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 3.32% mean?
Starts Proceed Investment (TSE:8979) has a ROCE % of 3.32% as of Oct. 2025.
Is Starts Proceed Investment's ROCE % too high?
Starts Proceed Investment's current ROCE % is 3.32%. The REITs industry median ROCE % is 5.12. Starts Proceed Investment's value of 3.32% is 35.1% below this industry median. Overall, Starts Proceed Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Proceed Investment's ROCE % compare to AVB and EQR?
Starts Proceed Investment's ROCE % of 3.32% can be compared against companies in the REITs industry. The industry median ROCE % is 5.12. Starts Proceed Investment's value of 3.32% is 35.1% 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 REITs company?
The median ROCE % among REITs companies is 5.12, based on 752 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. Starts Proceed Investment's current ROCE % of 3.32% is 35.1% 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 REITs industry, the median ROCE % is 5.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Proceed Investment's current ROCE % is 3.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Proceed Investment stock overvalued right now?
Based on GuruFocus' analysis, Starts Proceed Investment (TSE:8979) is currently considered Modestly Undervalued. The stock's GF Value™ is 円211,918.35, compared to a current price of 円187,100.00 — trading 11.7% below its estimated fair value. The current ROCE % is 3.32% and 35.1% below the REITs industry median of 5.12. Starts Proceed Investment's overall GF Score™ is 64/100 with 6 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 Starts Proceed Investment (TSE:8979), the current ROCE % is 3.32% as of Oct. 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 Starts Proceed Investment (TSE:8979) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Proceed Investment stock appears to be undervalued. The current stock price of 円187,100.00 is trading 11.7% below its estimated GF Value™ of 円211,918.35. GuruFocus considers Starts Proceed Investment to be Modestly Undervalued.

Key valuation signals for TSE:8979:

  • ROCE %: 3.32%
  • GF Value™: 円211,918.35 vs. price of 円187,100.00 (11.7% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 35.1% below the REITs median

No single metric tells the full story. See the TSE:8979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starts Proceed Investment Business Description

Industry Real EstateREITs
Address 3-1-8 Nihonbashi, Chuo-ku, Tokyo, JPN
Starts Proceed Investment Corp operates as a REIT in Japan. The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.
64GF Score

Get the complete analysis for TSE:8979

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

円187,100.00
Price
円211,918.35
GF Value