Asahi Broadcasting Group Holdings (TSE:9405) ROCE %: 6.21% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9405 Asahi Broadcasting Group Holdings Corp TSE:9405
72 GF Score
Price 円839.00
GF Value 円720.49
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Asahi Broadcasting Group Holdings ROCE %?

Asahi Broadcasting Group Holdings TSE:9405 +0.48% 72 ROCE % is 6.21% as of Mar. 2026. GuruFocus rates TSE:9405 with a GF Score™ of 72/100 and a GF Value™ of 円720.49 (Modestly Overvalued). The stock has 5 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. Asahi Broadcasting Group Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.21%.


Asahi Broadcasting Group Holdings  (TSE:9405) 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.


Asahi Broadcasting Group Holdings ROCE % Related Terms


Asahi Broadcasting Group Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Asahi Broadcasting Group Holdings'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.

Asahi Broadcasting Group Holdings ROCE % Chart

Asahi Broadcasting Group Holdings 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 4.40 1.89 -0.35 3.46 6.64

Asahi Broadcasting Group Holdings 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 0.80 -2.02 8.77 7.02 6.21
TSE:9405
72GF Score
Asahi Broadcasting Group Holdings Corp TSE:9405
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Broadcasting Group Holdings ROCE % Calculation

Asahi Broadcasting Group Holdings'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 )
=7278/( ( (128538 - 20498) + (134518 - 23370) )/ 2 )
=7278/( (108040+111148)/ 2 )
=7278/109594
=6.64 %

Asahi Broadcasting Group Holdings'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 )
=6884/( ( (130980 - 20458) + (134518 - 23370) )/ 2 )
=6884/( ( 110522 + 111148 )/ 2 )
=6884/110835
=6.21 %

(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 6.21% mean?
Asahi Broadcasting Group Holdings (TSE:9405) has a ROCE % of 6.21% as of Mar. 2026.
Is Asahi Broadcasting Group Holdings' ROCE % too high?
Asahi Broadcasting Group Holdings' current ROCE % is 6.21%. The Media - Diversified industry median ROCE % is 3.06. Asahi Broadcasting Group Holdings' value of 6.21% is 102.9% above this industry median. Overall, Asahi Broadcasting Group Holdings has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Broadcasting Group Holdings' ROCE % compare to NXST?
Asahi Broadcasting Group Holdings' ROCE % of 6.21% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.06. Asahi Broadcasting Group Holdings' value of 6.21% is 102.9% 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 3.06, based on 979 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. Asahi Broadcasting Group Holdings's current ROCE % of 6.21% is 102.9% 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 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Broadcasting Group Holdings's current ROCE % is 6.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Broadcasting Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Broadcasting Group Holdings (TSE:9405) is currently considered Modestly Overvalued. The stock's GF Value™ is 円720.49, compared to a current price of 円839.00 — trading 16.4% above its estimated fair value. The current ROCE % is 6.21% and 102.9% above the Media - Diversified industry median of 3.06. Asahi Broadcasting Group Holdings' overall GF Score™ is 72/100 with 5 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 Asahi Broadcasting Group Holdings (TSE:9405), the current ROCE % is 6.21% 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 Asahi Broadcasting Group Holdings (TSE:9405) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Broadcasting Group Holdings stock appears to be overvalued. The current stock price of 円839.00 is trading 16.4% above its estimated GF Value™ of 円720.49. GuruFocus considers Asahi Broadcasting Group Holdings to be Modestly Overvalued.

Key valuation signals for TSE:9405:

  • ROCE %: 6.21%
  • GF Value™: 円720.49 vs. price of 円839.00 (16.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 102.9% above the Media - Diversified median

No single metric tells the full story. See the TSE:9405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Broadcasting Group Holdings Business Description

Address 1-1-30 Fukushima, Fukushima-ku, Osaka, JPN, 553-8503
Asahi Broadcasting Group Holdings Corp is based in Japan. The company has two segments Broadcasting and Contents Business segment and the Style Business segment. The Broadcasting and Contents Business includes television and radio broadcasting and various content-related businesses, and the Lifestyle business segment consists of the housing exhibition center operation business, mail order business, and golf course operation business. The company generates the majority of its revenue from the Broadcasting and Content Business.
72GF Score

Get the complete analysis for TSE:9405

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

円839.00
Price
円720.49
GF Value