Zaoh Co (TSE:9986) ROCE %: 9.26% (As of Mar. 2026)

What is Zaoh Co ROCE %?

Zaoh Co TSE:9986 -0.37% 76 ROCE % is 9.26% as of Mar. 2026. GuruFocus rates TSE:9986 with a GF Score™ of 76/100 and a GF Value™ of 円2,390.72 (Fairly Valued). The stock has 4 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. Zaoh Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.26%.

Zaoh Co (TSE:9986) 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.

Zaoh Co ROCE % Related Terms

Zaoh Co ROCE % Historical Data

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The historical data trend for Zaoh 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.

Zaoh Co ROCE % Chart

Zaoh Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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9.73

9.91

8.65

6.57

7.24

Zaoh Co 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															0.00	5.17	6.14	8.62	9.26

76GF Score

Zaoh Co Ltd TSE:9986

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Zaoh Co ROCE % Calculation

Zaoh Co'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 )
	=	1016.764	/	( ( (14757.902 - 842.54)	+	(15234.365 - 1081.5) )	/ 2 )
	=	1016.764	/	( (13915.362	+	14152.865)	/ 2 )
	=	1016.764	/	14034.1135
	=	7.24 %

Zaoh Co'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 )
	=	1298.68	/	( ( (14793.308 - 894.786)	+	(15234.365 - 1081.5) )	/ 2 )
	=	1298.68	/	( ( 13898.522	+	14152.865 )	/ 2 )
	=	1298.68	/	14025.6935
	=	9.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 9.26% mean?

Zaoh Co (TSE:9986) has a ROCE % of 9.26% as of Mar. 2026.

Is Zaoh Co's ROCE % too high?

Zaoh Co's current ROCE % is 9.26%. The Industrial Distribution industry median ROCE % is 9.60. Zaoh Co's value of 9.26% is 3.5% below this industry median. Overall, Zaoh Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Zaoh Co's ROCE % compare to GWW and FAST?

Zaoh Co's ROCE % of 9.26% can be compared against companies in the Industrial Distribution industry. The industry median ROCE % is 9.60. Zaoh Co's value of 9.26% is 3.5% 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 Industrial Distribution company?

The median ROCE % among Industrial Distribution companies is 9.60, based on 157 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. Zaoh Co's current ROCE % of 9.26% is 3.5% 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 Industrial Distribution industry, the median ROCE % is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaoh Co's current ROCE % is 9.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Zaoh Co stock overvalued right now?

Based on GuruFocus' analysis, Zaoh Co (TSE:9986) is currently considered Fairly Valued. The stock's GF Value™ is 円2,390.72, compared to a current price of 円2,435.00 — trading 1.9% above its estimated fair value. The current ROCE % is 9.26% and 3.5% below the Industrial Distribution industry median of 9.60. Zaoh Co's overall GF Score™ is 76/100 with 4 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 Zaoh Co (TSE:9986), the current ROCE % is 9.26% 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 Zaoh Co (TSE:9986) Overvalued in 2026?

Based on GuruFocus' analysis, Zaoh Co stock appears to be overvalued. The current stock price of 円2,435.00 is trading 1.9% above its estimated GF Value™ of 円2,390.72. GuruFocus considers Zaoh Co to be Fairly Valued.

Key valuation signals for TSE:9986:

ROCE %: 9.26%
GF Value™: 円2,390.72 vs. price of 円2,435.00 (1.9% above fair value)
GF Score™: 76/100 with 4 warning signs
Industry Position: 3.5% below the Industrial Distribution median

No single metric tells the full story. See the TSE:9986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zaoh Co Business Description

Industry Industrials Industrial Distribution

Comparable Companies TSE:7472 TSE:7624 TSE:8085 TSE:9932 TSE:8147 TSE:8089 TSE:8077 TSE:9914 TSE:3355 TSE:8103 GWW FAST FERG WCC WSO TSX:TIH LSE:DPLM QXO AIT TSX:FTT

Address 19-5, Maori 1-chome, Koto-ku, Tokyo, JPN, 135-0001

Website https://www.zaohnet.co.jp

Zaoh Co Ltd is engaged in the business of dealing with industrial and professional cleaning equipment. Its main business activity is to import cleaning and washing equipment for commercial, industrial, and consumer use from various manufacturers, mainly in Europe, the United States, and China, and to sell them throughout Japan. The company's product portfolio comprises power sweepers, vacuum cleaners, carpet cleaners, ironized water generators, water purifiers, steam cleaners, etc.

76GF Score

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

円2,435.00

Price

円2,390.72

GF Value

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