Fudo Tetra (TSE:1813) ROIC %: 6.27% (As of Mar. 2026)

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:1813 Fudo Tetra Corp TSE:1813
81 GF Score
Price 円2,748.00
GF Value 円2,722.61
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Fudo Tetra ROIC %?

Fudo Tetra TSE:1813 +0.44% 81 ROIC % is 6.27% as of Mar. 2026. GuruFocus rates TSE:1813 with a GF Score™ of 81/100 and a GF Value™ of 円2,722.61 (Fairly Valued). The stock has 1 warning sign investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Fudo Tetra's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 6.27%.

As of today (2026-07-24), Fudo Tetra's WACC % is 3.49%. Fudo Tetra's ROIC % is 9.16% (calculated using TTM income statement data). Fudo Tetra generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Fudo Tetra  (TSE:1813) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Fudo Tetra's WACC % is 3.49%. Fudo Tetra's ROIC % is 9.16% (calculated using TTM income statement data). Fudo Tetra generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Fudo Tetra ROIC % Related Terms


Fudo Tetra ROIC % Historical Data

* Premium members only.

The historical data trend for Fudo Tetra's ROIC % 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.

Fudo Tetra ROIC % Chart

Fudo Tetra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 6.46 4.95 5.20 8.88

Fudo Tetra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 4.25 5.96 6.59 17.37 6.27

TSE:1813 vs PWR, FIX, EME: ROIC % Comparison

For the Engineering & Construction subindustry, Fudo Tetra's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fudo Tetra ROIC % vs Construction Industry

For the Construction industry and Industrials sector, Fudo Tetra's ROIC % distribution charts can be found below:

* The bar in red indicates where Fudo Tetra's ROIC % falls into.


TSE:1813
81GF Score
Fudo Tetra Corp TSE:1813
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fudo Tetra ROIC % Calculation

Fudo Tetra's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=5919 * ( 1 - 28.05% )/( (45190 + 50772)/ 2 )
=4258.7205/47981
=8.88 %

where

Fudo Tetra's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3472 * ( 1 - 8.71% )/( (50259 + 50772)/ 2 )
=3169.5888/50515.5
=6.27 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 6.27% mean?
Fudo Tetra (TSE:1813) has a ROIC % of 6.27% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Fudo Tetra and its competitors.
Is Fudo Tetra's ROIC % too high?
Fudo Tetra's current ROIC % is 6.27%. The Construction industry median ROIC % is 4.67. Fudo Tetra's value of 6.27% is 34.3% above this industry median. Overall, Fudo Tetra has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fudo Tetra's ROIC % compare to PWR and FIX?
Fudo Tetra's ROIC % of 6.27% can be compared against companies in the Construction industry. The industry median ROIC % is 4.67. Fudo Tetra's value of 6.27% is 34.3% 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 ROIC % for a Construction company?
The median ROIC % among Construction companies is 4.67, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fudo Tetra's current ROIC % of 6.27% is 34.3% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Fudo Tetra and its competitors. For the Construction industry, the median ROIC % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fudo Tetra's current ROIC % is 6.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fudo Tetra stock overvalued right now?
Based on GuruFocus' analysis, Fudo Tetra (TSE:1813) is currently considered Fairly Valued. The stock's GF Value™ is 円2,722.61, compared to a current price of 円2,748.00 — trading 0.9% above its estimated fair value. The current ROIC % is 6.27% and 34.3% above the Construction industry median of 4.67. Fudo Tetra's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Fudo Tetra (TSE:1813), the current ROIC % is 6.27% 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 Fudo Tetra (TSE:1813) Overvalued in 2026?

Based on GuruFocus' analysis, Fudo Tetra stock appears to be overvalued. The current stock price of 円2,748.00 is trading 0.9% above its estimated GF Value™ of 円2,722.61. GuruFocus considers Fudo Tetra to be Fairly Valued.

Key valuation signals for TSE:1813:

  • ROIC %: 6.27%
  • GF Value™: 円2,722.61 vs. price of 円2,748.00 (0.9% above fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 34.3% above the Construction median

No single metric tells the full story. See the TSE:1813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fudo Tetra Business Description

Address 7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016
Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.
81GF Score

Get the complete analysis for TSE:1813

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

円2,748.00
Price
円2,722.61
GF Value