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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. Saibu Gas Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.66%.
Saibu Gas Holdings Co (TSE:9536) 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.
* 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.
(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.
Saibu Gas Holdings Co (TSE:9536) has a ROCE % of 4.66% as of Mar. 2026.
Is Saibu Gas Holdings Co's ROCE % too high?
Saibu Gas Holdings Co's current ROCE % is 4.66%. The Utilities - Regulated industry median ROCE % is 6.96. Saibu Gas Holdings Co's value of 4.66% is 33% below this industry median. Overall, Saibu Gas Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibu Gas Holdings Co's ROCE % compare to ATO and NI?
Saibu Gas Holdings Co's ROCE % of 4.66% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Saibu Gas Holdings Co's value of 4.66% is 33% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 507 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. Saibu Gas Holdings Co's current ROCE % of 4.66% is 33% 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibu Gas Holdings Co's current ROCE % is 4.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibu Gas Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Saibu Gas Holdings Co (TSE:9536) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,923.91, compared to a current price of 円2,349.00 — trading 22.1% above its estimated fair value. The current ROCE % is 4.66% and 33% below the Utilities - Regulated industry median of 6.96. Saibu Gas Holdings Co's overall GF Score™ is 62/100 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 Saibu Gas Holdings Co (TSE:9536), the current ROCE % is 4.66% 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 Saibu Gas Holdings Co (TSE:9536) Overvalued in 2026?
Based on GuruFocus' analysis, Saibu Gas Holdings Co stock appears to be overvalued.
The current stock price of 円2,349.00 is trading 22.1% above its estimated GF Value™ of 円1,923.91.
GuruFocus considers Saibu Gas Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:9536:
ROCE %: 4.66%
GF Value™: 円1,923.91 vs. price of 円2,349.00 (22.1% above fair value)
Industry Position: 33% below the Utilities - Regulated median
No single metric tells the full story. See the TSE:9536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saibu Gas Holdings Co Ltd is a Japanese natural gas utility that produces, supplies, and sells natural gas and petroleum products. The company segments its operations into gas, liquefied petroleum gas, real estate, and "other" business units. The company primarily distributes and sells natural gas and LPG in the Fukuoka and Kitakyushu areas in the northern part of the Japanese island of Kyushu. Saibu sells gas and liquefied natural gas products to a variety of utility and industrial customers through long-term agreements. The company also is involved in the heating, gas equipment, and photovoltaic power generation business through its other activities.
62GF Score
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