Star Flyer (TSE:9206) ROCE %: 8.44% (As of Mar. 2026)


TSE:9206 Star Flyer Inc TSE:9206
57 GF Score
Price 円1,929.00
GF Value 円2,841.61
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Star Flyer ROCE %?

Star Flyer TSE:9206 +0.47% 57 ROCE % is 8.44% as of Mar. 2026. GuruFocus rates TSE:9206 with a GF Score™ of 57/100 and a GF Value™ of 円2,841.61 (Significantly 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. Star Flyer's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.44%.

Star Flyer  (TSE:9206) 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.

Star Flyer ROCE % Related Terms

Star Flyer ROCE % Historical Data

* Premium members only.

The historical data trend for Star Flyer'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.

Star Flyer ROCE % Chart

Star Flyer 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 -27.11 -3.48 6.86 11.95 3.78

Star Flyer 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 29.95 8.54 16.22 -2.83 8.44
TSE:9206
57GF Score
Star Flyer Inc TSE:9206
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Flyer ROCE % Calculation

Star Flyer'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 )
=891/( ( (24531 - 7662) + (36896 - 6570) )/ 2 )
=891/( (16869+30326)/ 2 )
=891/23597.5
=3.78 %

Star Flyer'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 )
=2396/( ( (33935 - 7474) + (36896 - 6570) )/ 2 )
=2396/( ( 26461 + 30326 )/ 2 )
=2396/28393.5
=8.44 %

(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 8.44% mean?
Star Flyer (TSE:9206) has a ROCE % of 8.44% as of Mar. 2026.
Is Star Flyer's ROCE % too high?
Star Flyer's current ROCE % is 8.44%. The Transportation industry median ROCE % is 7.73. Star Flyer's value of 8.44% is 9.2% above this industry median. Overall, Star Flyer has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Flyer's ROCE % compare to DAL and UAL?
Star Flyer's ROCE % of 8.44% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Star Flyer's value of 8.44% is 9.2% 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 989 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. Star Flyer's current ROCE % of 8.44% is 9.2% 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 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. Star Flyer's current ROCE % is 8.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Flyer stock overvalued right now?
Based on GuruFocus' analysis, Star Flyer (TSE:9206) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,841.61, compared to a current price of 円1,929.00 — trading 32.1% below its estimated fair value. The current ROCE % is 8.44% and 9.2% above the Transportation industry median of 7.73. Star Flyer's overall GF Score™ is 57/100 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 Star Flyer (TSE:9206), the current ROCE % is 8.44% 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 Star Flyer (TSE:9206) Overvalued in 2026?

Based on GuruFocus' analysis, Star Flyer stock appears to be undervalued. The current stock price of 円1,929.00 is trading 32.1% below its estimated GF Value™ of 円2,841.61. GuruFocus considers Star Flyer to be Significantly Undervalued.

Key valuation signals for TSE:9206:

  • ROCE %: 8.44%
  • GF Value™: 円2,841.61 vs. price of 円1,929.00 (32.1% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 9.2% above the Transportation median

No single metric tells the full story. See the TSE:9206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Star Flyer Business Description

Address 6 Kuko Kitamachi, Starflyer Kitakyushu Airport Headquarters Building, Kokuraminami-ku, Kitakyushu, Fukuoka, JPN, 800-0306
Star Flyer Inc operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.
57GF Score

Get the complete analysis for TSE:9206

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

円1,929.00
Price
円2,841.61
GF Value