Feed One Co (TSE:2060) ROIC %: 8.08% (As of Mar. 2026)

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TSE:2060 Feed One Co Ltd TSE:2060
64 GF Score
Price 円1,292.00
GF Value 円862.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Feed One Co ROIC %?

Feed One Co TSE:2060 +0.86% 64 ROIC % is 8.08% as of Mar. 2026. GuruFocus rates TSE:2060 with a GF Score™ of 64/100 and a GF Value™ of 円862.00 (Significantly Overvalued). The stock has 5 warning signs 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 %. Feed One Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.08%.

As of today (2026-07-15), Feed One Co's WACC % is 2.85%. Feed One Co's ROIC % is 6.85% (calculated using TTM income statement data). Feed One Co 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.


Feed One Co  (TSE:2060) 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, Feed One Co's WACC % is 2.85%. Feed One Co's ROIC % is 6.85% (calculated using TTM income statement data). Feed One Co 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.


Feed One Co ROIC % Related Terms


Feed One Co ROIC % Historical Data

* Premium members only.

The historical data trend for Feed One Co'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.

Feed One Co ROIC % Chart

Feed One Co 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 4.34 1.15 6.30 6.12 6.96

Feed One Co 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 8.13 5.90 5.61 7.47 8.08

TSE:2060 vs KHC, GIS: ROIC % Comparison

For the Packaged Foods subindustry, Feed One Co'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.


Feed One Co ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Feed One Co's ROIC % falls into.


TSE:2060
64GF Score
Feed One Co Ltd TSE:2060
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Feed One Co ROIC % Calculation

Feed One Co'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 )
=8092 * ( 1 - 25.46% )/( (84537 + 88820)/ 2 )
=6031.7768/86678.5
=6.96 %

where

Feed One Co'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 )
=9840 * ( 1 - 26.18% )/( (91009 + 88820)/ 2 )
=7263.888/89914.5
=8.08 %

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 8.08% mean?
Feed One Co (TSE:2060) has a ROIC % of 8.08% 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 Feed One Co and its competitors.
Is Feed One Co's ROIC % too high?
Feed One Co's current ROIC % is 8.08%. The Consumer Packaged Goods industry median ROIC % is 5.22. Feed One Co's value of 8.08% is 54.8% above this industry median. Overall, Feed One Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's ROIC % compare to KHC and GIS?
Feed One Co's ROIC % of 8.08% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.22. Feed One Co's value of 8.08% is 54.8% 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 ROIC % for a Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.22, based on 1,949 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. Feed One Co's current ROIC % of 8.08% is 54.8% 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 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 Feed One Co and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feed One Co's current ROIC % is 8.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円862.00, compared to a current price of 円1,292.00 — trading 49.9% above its estimated fair value. The current ROIC % is 8.08% and 54.8% above the Consumer Packaged Goods industry median of 5.22. Feed One Co's overall GF Score™ is 64/100 with 5 warning signs 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 Feed One Co (TSE:2060), the current ROIC % is 8.08% 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 Feed One Co (TSE:2060) Overvalued in 2026?

Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued. The current stock price of 円1,292.00 is trading 49.9% above its estimated GF Value™ of 円862.00. GuruFocus considers Feed One Co to be Significantly Overvalued.

Key valuation signals for TSE:2060:

  • ROIC %: 8.08%
  • GF Value™: 円862.00 vs. price of 円1,292.00 (49.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 54.8% above the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feed One Co Business Description

Address 2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
64GF Score

Get the complete analysis for TSE:2060

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

円1,292.00
Price
円862.00
GF Value