Miahelsa Holdings (TSE:7129) ROIC %: 2.77% (As of Mar. 2026)


TSE:7129 Miahelsa Holdings Corp TSE:7129
44 GF Score
Price 円1,147.00
GF Value 円1,071.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Miahelsa Holdings ROIC %?

Miahelsa Holdings TSE:7129 -0.69% 44 ROIC % is 2.77% as of Mar. 2026. GuruFocus rates TSE:7129 with a GF Score™ of 44/100 and a GF Value™ of 円1,071.08 (Fairly Valued). 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 %. Miahelsa Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 2.77%.

As of today (2026-07-07), Miahelsa Holdings's WACC % is 1.52%. Miahelsa Holdings's ROIC % is 3.29% (calculated using TTM income statement data). Miahelsa 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.


Miahelsa Holdings  (TSE:7129) 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, Miahelsa Holdings's WACC % is 1.52%. Miahelsa Holdings's ROIC % is 3.29% (calculated using TTM income statement data). Miahelsa 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.


Miahelsa Holdings ROIC % Related Terms


Miahelsa Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Miahelsa 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.

Miahelsa Holdings ROIC % Chart

Miahelsa Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
0.79 0.89 0.27 3.40 3.18

Miahelsa Holdings Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only 2.22 1.38 5.30 2.48 2.77

Miahelsa Holdings ROIC % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Miahelsa 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.


Miahelsa Holdings ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Miahelsa Holdings's ROIC % distribution charts can be found below:

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


TSE:7129
44GF Score
Miahelsa Holdings Corp TSE:7129
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miahelsa Holdings ROIC % Calculation

Miahelsa 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 )
=824.301 * ( 1 - 54.06% )/( (11118.459 + 12661.884)/ 2 )
=378.6838794/11890.1715
=3.18 %

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))
=13277.001 - 3175.043 - ( 1625.812 - max(0, 6475.389 - 5458.888+1625.812))
=11118.459

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))
=15594.059 - 2976.173 - ( 4523.755 - max(0, 8440.57 - 8396.572+4523.755))
=12661.884

Miahelsa 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 )
=1261.92 * ( 1 - 74.32% )/( (10715.319 + 12661.884)/ 2 )
=324.061056/11688.6015
=2.77 %

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))
=12451.191 - 2727.959 - ( 1370.919 - max(0, 5819.705 - 4827.618+1370.919))
=10715.319

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))
=15594.059 - 2976.173 - ( 4523.755 - max(0, 8440.57 - 8396.572+4523.755))
=12661.884

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 2.77% mean?
Miahelsa Holdings (TSE:7129) has a ROIC % of 2.77% 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 Miahelsa Holdings and its competitors.
Is Miahelsa Holdings' ROIC % too high?
Miahelsa Holdings' current ROIC % is 2.77%. The Healthcare Providers & Services industry median ROIC % is 3.09. Miahelsa Holdings' value of 2.77% is 10.4% below this industry median. Overall, Miahelsa Holdings has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Miahelsa Holdings' ROIC % compare to competitors?
Miahelsa Holdings' ROIC % of 2.77% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.09. Miahelsa Holdings' value of 2.77% is 10.4% below 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 Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.09, based on 667 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. Miahelsa Holdings's current ROIC % of 2.77% is 10.4% below 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 Miahelsa Holdings and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miahelsa Holdings's current ROIC % is 2.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miahelsa Holdings stock overvalued right now?
Based on GuruFocus' analysis, Miahelsa Holdings (TSE:7129) is currently considered Fairly Valued. The stock's GF Value™ is 円1,071.08, compared to a current price of 円1,147.00 — trading 7.1% above its estimated fair value. The current ROIC % is 2.77% and 10.4% below the Healthcare Providers & Services industry median of 3.09. Miahelsa Holdings' overall GF Score™ is 44/100 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 Miahelsa Holdings (TSE:7129), the current ROIC % is 2.77% 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 Miahelsa Holdings (TSE:7129) Overvalued in 2026?

Based on GuruFocus' analysis, Miahelsa Holdings stock appears to be overvalued. The current stock price of 円1,147.00 is trading 7.1% above its estimated GF Value™ of 円1,071.08. GuruFocus considers Miahelsa Holdings to be Fairly Valued.

Key valuation signals for TSE:7129:

  • ROIC %: 2.77%
  • GF Value™: 円1,071.08 vs. price of 円1,147.00 (7.1% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 10.4% below the Healthcare Providers & Services median

No single metric tells the full story. See the TSE:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miahelsa Holdings Business Description

Address Ichigaya Nakano-cho 3-19, Shinjuku-ku, Tokyo, JPN, 162-0064
Miahelsa Holdings Corp, along with its subsidiaries, operates in the following reportable segments: Pharmaceutical Business, Nursing Care Business, and Childcare Business. The majority of its revenue is generated from the Pharmaceuticals Business, which operates pharmaceutical dispensaries in Japan through Nissei Pharmacy and Miahelsa Pharmacy brands, and also offers home care services. The Nursing care business mainly provides housing, medical care, nursing care, prevention, and lifestyle support for elderly people, and the Childcare segment involves the operation of licensed childcare centers. In addition, the group also operates a food business providing food suitable for all ages, from infants to the elderly.
44GF Score

Get the complete analysis for TSE:7129

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

円1,147.00
Price
円1,071.08
GF Value