Space Shower Skiyaki Holdings (TSE:4838) ROIC %: 7.58% (As of Mar. 2026)

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TSE:4838 Space Shower Skiyaki Holdings Inc TSE:4838
70 GF Score
Price 円659.00
GF Value 円402.54
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Space Shower Skiyaki Holdings ROIC %?

Space Shower Skiyaki Holdings TSE:4838 +0.30% 70 ROIC % is 7.58% as of Mar. 2026. GuruFocus rates TSE:4838 with a GF Score™ of 70/100 and a GF Value™ of 円402.54 (Significantly Overvalued). The stock has 3 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 %. Space Shower Skiyaki Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 7.58%.

As of today (2026-07-14), Space Shower Skiyaki Holdings's WACC % is 4.82%. Space Shower Skiyaki Holdings's ROIC % is 11.69% (calculated using TTM income statement data). Space Shower Skiyaki 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.


Space Shower Skiyaki Holdings  (TSE:4838) 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, Space Shower Skiyaki Holdings's WACC % is 4.82%. Space Shower Skiyaki Holdings's ROIC % is 11.69% (calculated using TTM income statement data). Space Shower Skiyaki 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.


Space Shower Skiyaki Holdings ROIC % Related Terms


Space Shower Skiyaki Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Space Shower Skiyaki 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.

Space Shower Skiyaki Holdings ROIC % Chart

Space Shower Skiyaki 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 0.00 2.77 11.52 7.86 11.15

Space Shower Skiyaki Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only Premium Member Only -2.35 11.06 0.00 17.17 7.58

TSE:4838 vs NXST: ROIC % Comparison

For the Broadcasting subindustry, Space Shower Skiyaki 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.


Space Shower Skiyaki Holdings ROIC % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Space Shower Skiyaki Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Space Shower Skiyaki Holdings's ROIC % falls into.


TSE:4838
70GF Score
Space Shower Skiyaki Holdings Inc TSE:4838
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Shower Skiyaki Holdings ROIC % Calculation

Space Shower Skiyaki 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 )
=1957.009 * ( 1 - 37.74% )/( (9280.8 + 12574.931)/ 2 )
=1218.4338034/10927.8655
=11.15 %

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))
=15959.934 - 3450.821 - ( 6489.456 - max(0, 7077.994 - 10306.307+6489.456))
=9280.8

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))
=18416.629 - 3329.587 - ( 7072.994 - max(0, 8631.456 - 11143.567+7072.994))
=12574.931

Space Shower Skiyaki 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 )
=1235.508 * ( 1 - 32.56% )/( (9412.604 + 12574.931)/ 2 )
=833.2265952/10993.7675
=7.58 %

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))
=17023.903 - 3549.668 - ( 6943.322 - max(0, 7599.331 - 11660.962+6943.322))
=9412.604

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))
=18416.629 - 3329.587 - ( 7072.994 - max(0, 8631.456 - 11143.567+7072.994))
=12574.931

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 7.58% mean?
Space Shower Skiyaki Holdings (TSE:4838) has a ROIC % of 7.58% 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 Space Shower Skiyaki Holdings and its competitors.
Is Space Shower Skiyaki Holdings' ROIC % too high?
Space Shower Skiyaki Holdings' current ROIC % is 7.58%. The Media - Diversified industry median ROIC % is 1.39. Space Shower Skiyaki Holdings' value of 7.58% is 445.3% above this industry median. Overall, Space Shower Skiyaki Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Shower Skiyaki Holdings' ROIC % compare to NXST?
Space Shower Skiyaki Holdings' ROIC % of 7.58% can be compared against companies in the Media - Diversified industry. The industry median ROIC % is 1.39. Space Shower Skiyaki Holdings' value of 7.58% is 445.3% 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 Media - Diversified company?
The median ROIC % among Media - Diversified companies is 1.39, based on 1,007 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. Space Shower Skiyaki Holdings's current ROIC % of 7.58% is 445.3% 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 Space Shower Skiyaki Holdings and its competitors. For the Media - Diversified industry, the median ROIC % is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shower Skiyaki Holdings's current ROIC % is 7.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shower Skiyaki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Space Shower Skiyaki Holdings (TSE:4838) is currently considered Significantly Overvalued. The stock's GF Value™ is 円402.54, compared to a current price of 円659.00 — trading 63.7% above its estimated fair value. The current ROIC % is 7.58% and 445.3% above the Media - Diversified industry median of 1.39. Space Shower Skiyaki Holdings' overall GF Score™ is 70/100 with 3 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 Space Shower Skiyaki Holdings (TSE:4838), the current ROIC % is 7.58% 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 Space Shower Skiyaki Holdings (TSE:4838) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shower Skiyaki Holdings stock appears to be overvalued. The current stock price of 円659.00 is trading 63.7% above its estimated GF Value™ of 円402.54. GuruFocus considers Space Shower Skiyaki Holdings to be Significantly Overvalued.

Key valuation signals for TSE:4838:

  • ROIC %: 7.58%
  • GF Value™: 円402.54 vs. price of 円659.00 (63.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 445.3% above the Media - Diversified median

No single metric tells the full story. See the TSE:4838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shower Skiyaki Holdings Business Description

Address 2-25-12 Dogenzaka, 7th Floor, Dogenzaka-dori, Shibuya-ku, Tokyo, JPN, 150-0043
Space Shower Skiyaki Holdings Inc Contents business, Solutions business company. The company brings together all of the knowledge within the group, including events, live music venues, artist management, labels and agents, pay-TV, on-demand, entertainment cafes, platforms, fan clubs, e-commerce and merchandising, alliances, distribution, and video production, to increase the added value of existing content through digital transformation and provide 360 degree solutions, thereby supporting the sustainable creative activities of artists and creators at each stage of their careers.
70GF Score

Get the complete analysis for TSE:4838

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

円659.00
Price
円402.54
GF Value