Hiroshima Electric Railway Co (TSE:9033) ROCE %: 4.12% (As of Mar. 2026)

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TSE:9033 Hiroshima Electric Railway Co Ltd TSE:9033
63 GF Score
Price 円624.00
GF Value 円780.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hiroshima Electric Railway Co ROCE %?

Hiroshima Electric Railway Co TSE:9033 +0.16% 63 ROCE % is 4.12% as of Mar. 2026. GuruFocus rates TSE:9033 with a GF Score™ of 63/100 and a GF Value™ of 円780.07 (Modestly Undervalued). 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. Hiroshima Electric Railway Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.12%.

Hiroshima Electric Railway Co  (TSE:9033) 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.

Hiroshima Electric Railway Co ROCE % Related Terms

Hiroshima Electric Railway Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hiroshima Electric Railway 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.

Hiroshima Electric Railway Co ROCE % Chart

Hiroshima Electric Railway 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 -1.47 1.93 1.60 1.93 2.34

Hiroshima Electric Railway 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 1.98 -0.39 4.25 0.56 4.12
TSE:9033
63GF Score
Hiroshima Electric Railway Co Ltd TSE:9033
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiroshima Electric Railway Co ROCE % Calculation

Hiroshima Electric Railway 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 )
=1765/( ( (104082 - 31919) + (108722 - 29987) )/ 2 )
=1765/( (72163+78735)/ 2 )
=1765/75449
=2.34 %

Hiroshima Electric Railway 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 )
=3122/( ( (97712 - 24945) + (108722 - 29987) )/ 2 )
=3122/( ( 72767 + 78735 )/ 2 )
=3122/75751
=4.12 %

(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 4.12% mean?
Hiroshima Electric Railway Co (TSE:9033) has a ROCE % of 4.12% as of Mar. 2026.
Is Hiroshima Electric Railway Co's ROCE % too high?
Hiroshima Electric Railway Co's current ROCE % is 4.12%. The Transportation industry median ROCE % is 7.73. Hiroshima Electric Railway Co's value of 4.12% is 46.7% below this industry median. Overall, Hiroshima Electric Railway Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's ROCE % compare to UNP and CSX?
Hiroshima Electric Railway Co's ROCE % of 4.12% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Hiroshima Electric Railway Co's value of 4.12% is 46.7% 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 990 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. Hiroshima Electric Railway Co's current ROCE % of 4.12% is 46.7% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Electric Railway Co's current ROCE % is 4.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円780.07, compared to a current price of 円624.00 — trading 20% below its estimated fair value. The current ROCE % is 4.12% and 46.7% below the Transportation industry median of 7.73. Hiroshima Electric Railway Co's overall GF Score™ is 63/100 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 Hiroshima Electric Railway Co (TSE:9033), the current ROCE % is 4.12% 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued. The current stock price of 円624.00 is trading 20% below its estimated GF Value™ of 円780.07. GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9033:

  • ROCE %: 4.12%
  • GF Value™: 円780.07 vs. price of 円624.00 (20% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 46.7% below the Transportation median

No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiroshima Electric Railway Co Business Description

Address 2-9-29 Higashi-Senda-cho, Naka-ku, Hiroshima Prefecture, Hiroshima, JPN, 730-8610
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
63GF Score

Get the complete analysis for TSE:9033

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

円624.00
Price
円780.07
GF Value