Gooddays Holdings (TSE:4437) ROIC %: 13.59% (As of Mar. 2026)


TSE:4437 Gooddays Holdings Inc TSE:4437
82 GF Score
Price 円849.00
GF Value 円1,090.43
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Gooddays Holdings ROIC %?

Gooddays Holdings TSE:4437 -3.85% 82 ROIC % is 13.59% as of Mar. 2026. GuruFocus rates TSE:4437 with a GF Score™ of 82/100 and a GF Value™ of 円1,090.43 (Modestly Undervalued). 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 %. Gooddays Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 13.59%.

As of today (2026-07-12), Gooddays Holdings's WACC % is 2.91%. Gooddays Holdings's ROIC % is 11.71% (calculated using TTM income statement data). Gooddays Holdings 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.


Gooddays Holdings  (TSE:4437) 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, Gooddays Holdings's WACC % is 2.91%. Gooddays Holdings's ROIC % is 11.71% (calculated using TTM income statement data). Gooddays Holdings 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.


Gooddays Holdings ROIC % Related Terms


Gooddays Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Gooddays Holdings'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.

Gooddays Holdings ROIC % Chart

Gooddays Holdings 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 19.89 23.37 13.63 13.07 13.50

Gooddays Holdings Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 16.88 15.37 10.46 7.56 13.59

TSE:4437 vs CBRE, BEKE, JLL: ROIC % Comparison

For the Real Estate Services subindustry, Gooddays Holdings'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.


Gooddays Holdings ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gooddays Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Gooddays Holdings's ROIC % falls into.


TSE:4437
82GF Score
Gooddays Holdings Inc TSE:4437
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gooddays Holdings ROIC % Calculation

Gooddays Holdings'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 )
=933.026 * ( 1 - 33.66% )/( (3081.017 + 6089.473)/ 2 )
=618.9694484/4585.245
=13.50 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5537.585 - 1311.882 - ( 1567.787 - max(0, 2378.762 - 3523.448+1567.787))
=3081.017

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8725.099 - 1898.937 - ( 1518.749 - max(0, 3737.086 - 4473.775+1518.749))
=6089.473

Gooddays Holdings'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1365.414 * ( 1 - 36.36% )/( (6694.39 + 6089.473)/ 2 )
=868.9494696/6391.9315
=13.59 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8585.605 - 1404.971 - ( 1566.162 - max(0, 3908.437 - 4394.681+1566.162))
=6694.39

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8725.099 - 1898.937 - ( 1518.749 - max(0, 3737.086 - 4473.775+1518.749))
=6089.473

Note: The Operating Income data used here is two times the semi-annual (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 13.59% mean?
Gooddays Holdings (TSE:4437) has a ROIC % of 13.59% 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 Gooddays Holdings and its competitors.
Is Gooddays Holdings' ROIC % too high?
Gooddays Holdings' current ROIC % is 13.59%. The Real Estate industry median ROIC % is 2.18. Gooddays Holdings' value of 13.59% is 523.4% above this industry median. Overall, Gooddays Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gooddays Holdings' ROIC % compare to CBRE and BEKE?
Gooddays Holdings' ROIC % of 13.59% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.18. Gooddays Holdings' value of 13.59% is 523.4% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.18, 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. Gooddays Holdings's current ROIC % of 13.59% is 523.4% 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 Gooddays Holdings and its competitors. For the Real Estate industry, the median ROIC % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gooddays Holdings's current ROIC % is 13.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gooddays Holdings stock overvalued right now?
Based on GuruFocus' analysis, Gooddays Holdings (TSE:4437) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,090.43, compared to a current price of 円849.00 — trading 22.1% below its estimated fair value. The current ROIC % is 13.59% and 523.4% above the Real Estate industry median of 2.18. Gooddays Holdings' overall GF Score™ is 82/100 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 Gooddays Holdings (TSE:4437), the current ROIC % is 13.59% 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 Gooddays Holdings (TSE:4437) Overvalued in 2026?

Based on GuruFocus' analysis, Gooddays Holdings stock appears to be undervalued. The current stock price of 円849.00 is trading 22.1% below its estimated GF Value™ of 円1,090.43. GuruFocus considers Gooddays Holdings to be Modestly Undervalued.

Key valuation signals for TSE:4437:

  • ROIC %: 13.59%
  • GF Value™: 円1,090.43 vs. price of 円849.00 (22.1% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 523.4% above the Real Estate median

No single metric tells the full story. See the TSE:4437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gooddays Holdings Business Description

Address 2-10-1 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Gooddays Holdings Inc is a Japan-based holding company mainly engaged in information technology (IT) and real estate-related business. The group has two reportable segments: the IT segment and the Lifestyle segment. The IT segment comprises the Redx service business and the user solutions business, focusing on leveraging in-house expertise to develop proprietary products such as Redx. The Lifestyle segment includes the Goodroom Solutions Business and the Renovation Business, offering integrated services covering construction, customer acquisition, and operations.
82GF Score

Get the complete analysis for TSE:4437

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

円849.00
Price
円1,090.43
GF Value