TV Asahi Holdings (TSE:9409) ROCE %: -2.81% (As of Mar. 2026)


TSE:9409 TV Asahi Holdings Corp TSE:9409
71 GF Score
Price 円3,105.00
GF Value 円2,388.47
Valuation Modestly Overvalued
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What is TV Asahi Holdings ROCE %?

TV Asahi Holdings TSE:9409 +1.14% 71 ROCE % is -2.81% as of Mar. 2026. GuruFocus rates TSE:9409 with a GF Score™ of 71/100 and a GF Value™ of 円2,388.47 (Modestly Overvalued).

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. TV Asahi Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.81%.

TV Asahi Holdings  (TSE:9409) 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.

TV Asahi Holdings ROCE % Related Terms

TV Asahi Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for TV Asahi 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.

TV Asahi Holdings ROCE % Chart

TV Asahi 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 5.09 3.39 2.81 4.24 5.39

TV Asahi Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.49 6.09 6.00 7.00 -2.81
TSE:9409
71GF Score
TV Asahi Holdings Corp TSE:9409
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TV Asahi Holdings ROCE % Calculation

TV Asahi 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 )
=26182/( ( (559558 - 82858) + (581109 - 86542) )/ 2 )
=26182/( (476700+494567)/ 2 )
=26182/485633.5
=5.39 %

TV Asahi 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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-13940/( ( (576520 - 79067) + (581109 - 86542) )/ 2 )
=-13940/( ( 497453 + 494567 )/ 2 )
=-13940/496010
=-2.81 %

(1) Note: The EBIT data used here is four times the quarterly (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 -2.81% mean?
TV Asahi Holdings (TSE:9409) has a ROCE % of -2.81% as of Mar. 2026.
Is TV Asahi Holdings' ROCE % too high?
TV Asahi Holdings' current ROCE % is -2.81%. Overall, TV Asahi Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' ROCE % compare to NXST?
TV Asahi Holdings' ROCE % of -2.81% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. 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 3.08, based on 981 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. 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 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Asahi Holdings's current ROCE % is -2.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (TSE:9409) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,388.47, compared to a current price of 円3,105.00 — trading 30% above its estimated fair value. The current ROCE % is -2.81%. TV Asahi Holdings' overall GF Score™ is 71/100. 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 TV Asahi Holdings (TSE:9409), the current ROCE % is -2.81% 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 TV Asahi Holdings (TSE:9409) Overvalued in 2026?

Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued. The current stock price of 円3,105.00 is trading 30% above its estimated GF Value™ of 円2,388.47. GuruFocus considers TV Asahi Holdings to be Modestly Overvalued.

Key valuation signals for TSE:9409:

  • ROCE %: -2.81%
  • GF Value™: 円2,388.47 vs. price of 円3,105.00 (30% above fair value)
  • GF Score™: 71/100

No single metric tells the full story. See the TSE:9409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TV Asahi Holdings Business Description

Other Exchanges THDDY:USA
Address 6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
71GF Score

Get the complete analysis for TSE:9409

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

円3,105.00
Price
円2,388.47
GF Value