Tokyotokeiba Co (TSE:9672) ROCE %: 13.23% (As of Dec. 2025)

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TSE:9672 Tokyotokeiba Co Ltd TSE:9672
88 GF Score
Price 円4,850.00
GF Value 円4,879.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Tokyotokeiba Co ROCE %?

Tokyotokeiba Co TSE:9672 -1.32% 88 ROCE % is 13.23% as of Dec. 2025. GuruFocus rates TSE:9672 with a GF Score™ of 88/100 and a GF Value™ of 円4,879.81 (Fairly Valued). The stock has 3 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. Tokyotokeiba Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 13.23%.

Tokyotokeiba Co  (TSE:9672) 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.

Tokyotokeiba Co ROCE % Related Terms

Tokyotokeiba Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tokyotokeiba 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.

Tokyotokeiba Co ROCE % Chart

Tokyotokeiba Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.68 13.41 11.84 12.82 13.96

Tokyotokeiba Co 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 12.08 13.47 14.86 13.23 12.57
TSE:9672
88GF Score
Tokyotokeiba Co Ltd TSE:9672
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyotokeiba Co ROCE % Calculation

Tokyotokeiba Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=15184.926/( ( (122405.859 - 9696.501) + (125785.181 - 20915.621) )/ 2 )
=15184.926/( (112709.358+104869.56)/ 2 )
=15184.926/108789.459
=13.96 %

Tokyotokeiba Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=14637.092/( ( (128538.529 - 12098.435) + (125785.181 - 20915.621) )/ 2 )
=14637.092/( ( 116440.094 + 104869.56 )/ 2 )
=14637.092/110654.827
=13.23 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 13.23% mean?
Tokyotokeiba Co (TSE:9672) has a ROCE % of 13.23% as of Dec. 2025.
Is Tokyotokeiba Co's ROCE % too high?
Tokyotokeiba Co's current ROCE % is 13.23%. The Travel & Leisure industry median ROCE % is 6.08. Tokyotokeiba Co's value of 13.23% is 117.8% above this industry median. Overall, Tokyotokeiba Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyotokeiba Co's ROCE % compare to FLUT and DKNG?
Tokyotokeiba Co's ROCE % of 13.23% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Tokyotokeiba Co's value of 13.23% is 117.8% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 834 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. Tokyotokeiba Co's current ROCE % of 13.23% is 117.8% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyotokeiba Co's current ROCE % is 13.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyotokeiba Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyotokeiba Co (TSE:9672) is currently considered Fairly Valued. The stock's GF Value™ is 円4,879.81, compared to a current price of 円4,850.00 — trading 0.6% below its estimated fair value. The current ROCE % is 13.23% and 117.8% above the Travel & Leisure industry median of 6.08. Tokyotokeiba Co's overall GF Score™ is 88/100 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 Tokyotokeiba Co (TSE:9672), the current ROCE % is 13.23% as of Dec. 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 Tokyotokeiba Co (TSE:9672) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyotokeiba Co stock appears to be undervalued. The current stock price of 円4,850.00 is trading 0.6% below its estimated GF Value™ of 円4,879.81. GuruFocus considers Tokyotokeiba Co to be Fairly Valued.

Key valuation signals for TSE:9672:

  • ROCE %: 13.23%
  • GF Value™: 円4,879.81 vs. price of 円4,850.00 (0.6% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 117.8% above the Travel & Leisure median

No single metric tells the full story. See the TSE:9672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokyotokeiba Co Business Description

Address 1-6-8 Omori Kita, Ota-ku, Tokyo, JPN, 143-0016
Tokyotokeiba Co Ltd is a gambling company engaged in horse racing. The company has four business segments: public competition, amusement park, warehouse leasing, and service. The public competition segment operates horse and auto race tracks. The amusement park segment operates Tokyo Summerland. The warehouse leasing segment leases logistics warehouses, and the service segment leases commercial facilities. The company generates the vast majority of its revenue in Japan.
88GF Score

Get the complete analysis for TSE:9672

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

円4,850.00
Price
円4,879.81
GF Value