TSHTY (Toshiba Tec) ROCE %: 18.96% (As of Mar. 2026)

What is Toshiba Tec ROCE %?

Toshiba Tec TSHTY 74 ROCE % is 18.96% as of Mar. 2026. GuruFocus rates TSHTY with a GF Score™ of 74/100 and a GF Value™ of $11.25 (Modestly Undervalued). 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. Toshiba Tec's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.96%.

Toshiba Tec (OTCPK:TSHTY) 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.

Toshiba Tec ROCE % Related Terms

Toshiba Tec ROCE % Historical Data

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The historical data trend for Toshiba Tec'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.

Toshiba Tec ROCE % Chart

Toshiba Tec Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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5.46

2.98

6.47

26.05

2.47

Toshiba Tec 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															10.26	-7.89	-8.73	9.63	18.96

74GF Score

Toshiba Tec Corp TSHTY

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Toshiba Tec ROCE % Calculation

Toshiba Tec'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 )
	=	27.256	/	( ( (2323.739 - 1138.164)	+	(2277.722 - 1253.735) )	/ 2 )
	=	27.256	/	( (1185.575	+	1023.987)	/ 2 )
	=	27.256	/	1104.781
	=	2.47 %

Toshiba Tec'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 )
	=	188.628	/	( ( (2176.558 - 1210.679)	+	(2277.722 - 1253.735) )	/ 2 )
	=	188.628	/	( ( 965.879	+	1023.987 )	/ 2 )
	=	188.628	/	994.933
	=	18.96 %

(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 18.96% mean?

Toshiba Tec (TSHTY) has a ROCE % of 18.96% as of Mar. 2026.

Is Toshiba Tec's ROCE % too high?

Toshiba Tec's current ROCE % is 18.96%. The Hardware industry median ROCE % is 5.82. Toshiba Tec's value of 18.96% is 225.8% above this industry median. Overall, Toshiba Tec has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Toshiba Tec's ROCE % compare to DELL and SNDK?

Toshiba Tec's ROCE % of 18.96% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Toshiba Tec's value of 18.96% is 225.8% 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 Hardware company?

The median ROCE % among Hardware companies is 5.82, based on 2,445 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. Toshiba Tec's current ROCE % of 18.96% is 225.8% 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 Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshiba Tec's current ROCE % is 18.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Toshiba Tec stock overvalued right now?

Based on GuruFocus' analysis, Toshiba Tec (TSHTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.25, compared to a current price of $8.83 — trading 21.6% below its estimated fair value. The current ROCE % is 18.96% and 225.8% above the Hardware industry median of 5.82. Toshiba Tec's overall GF Score™ is 74/100 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 Toshiba Tec (TSHTY), the current ROCE % is 18.96% 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 Toshiba Tec (TSHTY) Overvalued in 2026?

Based on GuruFocus' analysis, Toshiba Tec stock appears to be undervalued. The current stock price of $8.83 is trading 21.6% below its estimated GF Value™ of $11.25. GuruFocus considers Toshiba Tec to be Modestly Undervalued.

Key valuation signals for TSHTY:

ROCE %: 18.96%
GF Value™: $11.25 vs. price of $8.83 (21.6% below fair value)
GF Score™: 74/100 with 4 warning signs
Industry Position: 225.8% above the Hardware median

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

Toshiba Tec Business Description

Industry Technology Hardware

Comparable Companies TSE:6750 TSE:6670 TSE:6727 TSE:6737 TSE:9348 TSE:6413 TSE:6676 TSE:6232 TSE:6430 TSE:218A DELL SNDK ANET STX WDC SHSE:688041 SHSE:688795 TPE:2382 SZSE:002415 HKSE:00992

Other Exchanges 6588:Japan TECA:Germany

Address 1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562

Website http://www.toshibatec.co.jp

Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

74GF Score

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

$8.83

Price

$11.25

GF Value

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