Shoei (TSE:9385) ROCE %: 22.75% (As of Mar. 2026)

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TSE:9385 Shoei Corp TSE:9385
65 GF Score
Price 円769.00
GF Value 円558.65
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shoei ROCE %?

Shoei TSE:9385 +2.67% 65 ROCE % is 22.75% as of Mar. 2026. GuruFocus rates TSE:9385 with a GF Score™ of 65/100 and a GF Value™ of 円558.65 (Significantly Overvalued). The stock has 3 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. Shoei's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.75%.

Shoei  (TSE:9385) 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.

Shoei ROCE % Related Terms

Shoei ROCE % Historical Data

* Premium members only.

The historical data trend for Shoei'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.

Shoei ROCE % Chart

Shoei 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 3.52 -38.52 31.14 14.56 21.47

Shoei 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 8.73 -15.84 42.49 20.98 22.75
TSE:9385
65GF Score
Shoei Corp TSE:9385
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoei ROCE % Calculation

Shoei'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 )
=1347.458/( ( (10433.63 - 4488.837) + (11011.298 - 4405.377) )/ 2 )
=1347.458/( (5944.793+6605.921)/ 2 )
=1347.458/6275.357
=21.47 %

Shoei'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 )
=1438.274/( ( (10787.206 - 4751.538) + (11011.298 - 4405.377) )/ 2 )
=1438.274/( ( 6035.668 + 6605.921 )/ 2 )
=1438.274/6320.7945
=22.75 %

(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 22.75% mean?
Shoei (TSE:9385) has a ROCE % of 22.75% as of Mar. 2026.
Is Shoei's ROCE % too high?
Shoei's current ROCE % is 22.75%. The Media - Diversified industry median ROCE % is 3.21. Shoei's value of 22.75% is 608.7% above this industry median. Overall, Shoei has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shoei's ROCE % compare to APP and OMC?
Shoei's ROCE % of 22.75% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.21. Shoei's value of 22.75% is 608.7% 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.21, based on 978 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. Shoei's current ROCE % of 22.75% is 608.7% 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 Media - Diversified industry, the median ROCE % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei's current ROCE % is 22.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei stock overvalued right now?
Based on GuruFocus' analysis, Shoei (TSE:9385) is currently considered Significantly Overvalued. The stock's GF Value™ is 円558.65, compared to a current price of 円769.00 — trading 37.7% above its estimated fair value. The current ROCE % is 22.75% and 608.7% above the Media - Diversified industry median of 3.21. Shoei's overall GF Score™ is 65/100 with 3 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 Shoei (TSE:9385), the current ROCE % is 22.75% 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 Shoei (TSE:9385) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei stock appears to be overvalued. The current stock price of 円769.00 is trading 37.7% above its estimated GF Value™ of 円558.65. GuruFocus considers Shoei to be Significantly Overvalued.

Key valuation signals for TSE:9385:

  • ROCE %: 22.75%
  • GF Value™: 円558.65 vs. price of 円769.00 (37.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 608.7% above the Media - Diversified median

No single metric tells the full story. See the TSE:9385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shoei Business Description

Address 2-1-1 Bingocho, 7th Floor, 2nd Nomura Building, Chuo-ku, Osaka, JPN
Shoei Corp is engaged in Sales promotion support business and Product sales business. The sales promotion support business provides and supports products and services from planning to delivery in order to further promote the customer's own business.
65GF Score

Get the complete analysis for TSE:9385

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

円769.00
Price
円558.65
GF Value