Japan Communications (TSE:9424) ROCE %: 1.46% (As of Mar. 2026)

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TSE:9424 Japan Communications Inc TSE:9424
59 GF Score
Price 円120.00
GF Value 円240.08
Valuation Possible Value Trap
! 2 Warning Signs
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What is Japan Communications ROCE %?

Japan Communications TSE:9424 +0.84% 59 ROCE % is 1.46% as of Mar. 2026. GuruFocus rates TSE:9424 with a GF Score™ of 59/100 and a GF Value™ of 円240.08 (Possible Value Trap). The stock has 2 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. Japan Communications's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.46%.

Japan Communications  (TSE:9424) 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.

Japan Communications ROCE % Related Terms

Japan Communications ROCE % Historical Data

* Premium members only.

The historical data trend for Japan Communications'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.

Japan Communications ROCE % Chart

Japan Communications 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 49.70 63.69 65.62 22.04 11.74

Japan Communications Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 19.98 17.57 20.47 1.46
TSE:9424
59GF Score
Japan Communications Inc TSE:9424
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Communications ROCE % Calculation

Japan Communications'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 )
=893.134/( ( (7340.611 - 1673.128) + (11995.243 - 2443.32) )/ 2 )
=893.134/( (5667.483+9551.923)/ 2 )
=893.134/7609.703
=11.74 %

Japan Communications'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 )
=115.476/( ( (8669.186 - 2400.976) + (11995.243 - 2443.32) )/ 2 )
=115.476/( ( 6268.21 + 9551.923 )/ 2 )
=115.476/7910.0665
=1.46 %

(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 1.46% mean?
Japan Communications (TSE:9424) has a ROCE % of 1.46% as of Mar. 2026.
Is Japan Communications' ROCE % too high?
Japan Communications' current ROCE % is 1.46%. The Telecommunication Services industry median ROCE % is 8.01. Japan Communications' value of 1.46% is 81.8% below this industry median. Overall, Japan Communications has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Japan Communications' ROCE % compare to VZ and TMUS?
Japan Communications' ROCE % of 1.46% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 8.01. Japan Communications' value of 1.46% is 81.8% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 8.01, based on 359 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. Japan Communications's current ROCE % of 1.46% is 81.8% 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 Telecommunication Services industry, the median ROCE % is 8.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Communications's current ROCE % is 1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Communications stock overvalued right now?
Based on GuruFocus' analysis, Japan Communications (TSE:9424) is currently considered Possible Value Trap. The stock's GF Value™ is 円240.08, compared to a current price of 円120.00 — trading 50% below its estimated fair value. The current ROCE % is 1.46% and 81.8% below the Telecommunication Services industry median of 8.01. Japan Communications' overall GF Score™ is 59/100 with 2 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 Japan Communications (TSE:9424), the current ROCE % is 1.46% 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 Japan Communications (TSE:9424) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Communications stock appears to be undervalued. The current stock price of 円120.00 is trading 50% below its estimated GF Value™ of 円240.08. GuruFocus considers Japan Communications to be Possible Value Trap.

Key valuation signals for TSE:9424:

  • ROCE %: 1.46%
  • GF Value™: 円240.08 vs. price of 円120.00 (50% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 81.8% below the Telecommunication Services median

No single metric tells the full story. See the TSE:9424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Communications Business Description

Address 4-1-28 Toranomon Towers Office, 23rd Floor, Minato-ku, Tokyo, JPN, 105-0001
Japan Communications Inc is a mobile virtual network operator. It creates the next generation internet to assist industrial structure through mobile technology. The company provides mobile platforms to handset manufacturers, IP-PBX makers, system integrators, and others.
59GF Score

Get the complete analysis for TSE:9424

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

円120.00
Price
円240.08
GF Value