Lassic Co (TSE:574A) ROIC %: 10.19% (As of Apr. 2026)

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TSE:574A Lassic Co Ltd TSE:574A
19 GF Score
Price 円887.00
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What is Lassic Co ROIC %?

Lassic Co TSE:574A 19 ROIC % is 10.19% as of Apr. 2026. GuruFocus rates TSE:574A with a GF Score™ of 19/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Lassic Co's annualized return on invested capital (ROIC %) for the quarter that ended in Apr. 2026 was 10.19%.

As of today (2026-08-09), Lassic Co's WACC % is 7.95%. Lassic Co's ROIC % is 29.57% (calculated using TTM income statement data). Lassic 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.


Lassic Co  (TSE:574A) 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, Lassic Co's WACC % is 7.95%. Lassic Co's ROIC % is 29.57% (calculated using TTM income statement data). Lassic 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.


Lassic Co ROIC % Related Terms


Lassic Co ROIC % Historical Data

* Premium members only.

The historical data trend for Lassic 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.

Lassic Co ROIC % Chart

Lassic Co Annual Data
Trend Apr24 Apr25 Apr26
ROIC %
37.53 35.01 28.66

Lassic Co Semi-Annual Data
Apr24 Apr25 Oct25 Apr26
ROIC % 0.00 0.00 53.10 10.19

TSE:574A vs KFY, RHI, TNET: ROIC % Comparison

For the Staffing & Employment Services subindustry, Lassic 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.


Lassic Co ROIC % vs Business Services Industry

For the Business Services industry and Industrials sector, Lassic Co's ROIC % distribution charts can be found below:

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


TSE:574A
19GF Score
Lassic Co Ltd TSE:574A
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lassic Co ROIC % Calculation

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

ROIC % (A: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2025 ) + Invested Capital (A: Apr. 2026 ))/ count )
=191.593 * ( 1 - 34.08% )/( (377.822 + 503.673)/ 2 )
=126.2981056/440.7475
=28.66 %

where

Invested Capital(A: Apr. 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))
=1767.03 - 376.355 - ( 1060.367 - max(0, 588.317 - 1601.17+1060.367))
=377.822

Invested Capital(A: Apr. 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))
=1832.973 - 351.062 - ( 1053.912 - max(0, 601.372 - 1579.61+1053.912))
=503.673

Lassic Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Apr. 2026 is calculated as:

ROIC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=68.298 * ( 1 - 32.61% )/( (400.088 + 503.673)/ 2 )
=46.0260222/451.8805
=10.19 %

where

Invested Capital(Q: Oct. 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))
=1868.742 - 398.774 - ( 1148.152 - max(0, 638.689 - 1708.569+1148.152))
=400.088

Invested Capital(Q: Apr. 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))
=1832.973 - 351.062 - ( 1053.912 - max(0, 601.372 - 1579.61+1053.912))
=503.673

Note: The Operating Income data used here is two times the semi-annual (Apr. 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 10.19% mean?
Lassic Co (TSE:574A) has a ROIC % of 10.19% as of Apr. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Lassic Co and its competitors.
Is Lassic Co's ROIC % too high?
Lassic Co's current ROIC % is 10.19%. The Business Services industry median ROIC % is 6.11. Lassic Co's value of 10.19% is 66.8% above this industry median. Overall, Lassic Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Lassic Co's ROIC % compare to KFY and RHI?
Lassic Co's ROIC % of 10.19% can be compared against companies in the Business Services industry. The industry median ROIC % is 6.11. Lassic Co's value of 10.19% is 66.8% 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 Business Services company?
The median ROIC % among Business Services companies is 6.11, based on 1,072 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. Lassic Co's current ROIC % of 10.19% is 66.8% 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 Lassic Co and its competitors. For the Business Services industry, the median ROIC % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lassic Co's current ROIC % is 10.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lassic Co stock overvalued right now?
Lassic Co (TSE:574A) has a current ROIC % of 10.19%. The current ROIC % is 10.19% and 66.8% above the Business Services industry median of 6.11. Lassic Co's overall GF Score™ is 19/100. 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 Lassic Co (TSE:574A), the current ROIC % is 10.19% as of Apr. 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.

Lassic Co Business Description

Address 3-201-3 Minamiyoshikata, Tottori Prefecture, Tottori, JPN, 680-0843
Lassic Co Ltd provides recruitment services and system development support using IT professional freelancers. The company's business platforms include: i) Remogu: Human resources service specializing in remote work. It develops borderless matching services that transcend boundaries such as work styles, places of work (overseas and regions), age, and occupation. ii) IT Solutions: In the field of system operation and maintenance, which is troubled by business continuity due to a shortage of human resources, Prime (primary contracting) system integration services that use borderless, DX, and capabilities as weapons.
19GF Score

Get the complete analysis for TSE:574A

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

円887.00
Price