Toshin Holdings Co (TSE:9444) ROCE %: 5.07% (As of Oct. 2025)

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:9444 Toshin Holdings Co Ltd TSE:9444
38 GF Score
Price 円233.00
GF Value 円652.03
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Toshin Holdings Co ROCE %?

Toshin Holdings Co TSE:9444 +0.87% 38 ROCE % is 5.07% as of Oct. 2025. GuruFocus rates TSE:9444 with a GF Score™ of 38/100 and a GF Value™ of 円652.03 (Possible Value Trap). The stock has 6 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. Toshin Holdings Co's annualized ROCE % for the quarter that ended in Oct. 2025 was 5.07%.

Toshin Holdings Co  (TSE:9444) 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.

Toshin Holdings Co ROCE % Related Terms

Toshin Holdings Co ROCE % Historical Data

* Premium members only.

The historical data trend for Toshin Holdings Co'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.

Toshin Holdings Co ROCE % Chart

Toshin Holdings Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.52 3.73 4.53 2.90 6.12

Toshin Holdings Co Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26
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 0.00 3.14 5.07 16.89
TSE:9444
38GF Score
Toshin Holdings Co Ltd TSE:9444
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshin Holdings Co ROCE % Calculation

Toshin Holdings Co's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=846.483/( ( (24185.866 - 10447.122) + (24702.146 - 10773.564) )/ 2 )
=846.483/( (13738.744+13928.582)/ 2 )
=846.483/13833.663
=6.12 %

Toshin Holdings Co's ROCE % of for the quarter that ended in Oct. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2025 )  (Q: Jul. 2025 )(Q: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2025 )  (Q: Jul. 2025 )(Q: Oct. 2025 )
=686.896/( ( (23273.957 - 9646.315) + (24119.432 - 10632.214) )/ 2 )
=686.896/( ( 13627.642 + 13487.218 )/ 2 )
=686.896/13557.43
=5.07 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2025) 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 5.07% mean?
Toshin Holdings Co (TSE:9444) has a ROCE % of 5.07% as of Oct. 2025.
Is Toshin Holdings Co's ROCE % too high?
Toshin Holdings Co's current ROCE % is 5.07%. The Retail - Cyclical industry median ROCE % is 7.66. Toshin Holdings Co's value of 5.07% is 33.8% below this industry median. Overall, Toshin Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toshin Holdings Co's ROCE % compare to CASY and WSM?
Toshin Holdings Co's ROCE % of 5.07% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.66. Toshin Holdings Co's value of 5.07% is 33.8% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.66, based on 1,119 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. Toshin Holdings Co's current ROCE % of 5.07% is 33.8% 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 Retail - Cyclical industry, the median ROCE % is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshin Holdings Co's current ROCE % is 5.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toshin Holdings Co (TSE:9444) is currently considered Possible Value Trap. The stock's GF Value™ is 円652.03, compared to a current price of 円233.00 — trading 64.3% below its estimated fair value. The current ROCE % is 5.07% and 33.8% below the Retail - Cyclical industry median of 7.66. Toshin Holdings Co's overall GF Score™ is 38/100 with 6 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 Toshin Holdings Co (TSE:9444), the current ROCE % is 5.07% as of Oct. 2025. 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 Toshin Holdings Co (TSE:9444) Overvalued in 2026?

Based on GuruFocus' analysis, Toshin Holdings Co stock appears to be undervalued. The current stock price of 円233.00 is trading 64.3% below its estimated GF Value™ of 円652.03. GuruFocus considers Toshin Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:9444:

  • ROCE %: 5.07%
  • GF Value™: 円652.03 vs. price of 円233.00 (64.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 33.8% below the Retail - Cyclical median

No single metric tells the full story. See the TSE:9444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toshin Holdings Co Business Description

Address Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008
Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.
38GF Score

Get the complete analysis for TSE:9444

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

円233.00
Price
円652.03
GF Value