ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. On The Page's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -0.27%.
As of today (2026-07-07), On The Page's WACC % is 2.31%. On The Page's ROIC % is 3.88% (calculated using TTM income statement data).
On The Page 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.
On The Page (TSE:9160) 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, On The Page's WACC % is 2.31%. On The Page's ROIC % is 3.88% (calculated using TTM income statement data).
On The Page 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.
On The Page ROIC % Related Terms
On The Page ROIC % Historical Data
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The historical data trend for On The Page'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.
For the Personal Services subindustry, On The Page'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.
On The Page ROIC % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, On The Page's ROIC % distribution charts can be found below:
* The bar in red indicates where On The Page's ROIC % falls into.
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.
On The Page (TSE:9160) has a ROIC % of -0.27% 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 On The Page and its competitors.
Is On The Page's ROIC % too high?
On The Page's current ROIC % is -0.27%. Overall, On The Page has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does On The Page's ROIC % compare to ROL and SCI?
On The Page's ROIC % of -0.27% can be compared against companies in the Personal Services industry. The industry median ROIC % is 3.81. 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 Personal Services company?
The median ROIC % among Personal Services companies is 3.81, based on 96 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. 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 On The Page and its competitors. For the Personal Services industry, the median ROIC % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. On The Page's current ROIC % is -0.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On The Page stock overvalued right now?
Based on GuruFocus' analysis, On The Page (TSE:9160) is currently considered Possible Value Trap. The stock's GF Value™ is 円494.80, compared to a current price of 円294.00 — trading 40.6% below its estimated fair value. The current ROIC % is -0.27%. On The Page's overall GF Score™ is 62/100 with 6 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 On The Page (TSE:9160), the current ROIC % is -0.27% 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 On The Page (TSE:9160) Overvalued in 2026?
Based on GuruFocus' analysis, On The Page stock appears to be undervalued.
The current stock price of 円294.00 is trading 40.6% below its estimated GF Value™ of 円494.80.
GuruFocus considers On The Page to be Possible Value Trap.
Key valuation signals for TSE:9160:
ROIC %: -0.27%
GF Value™: 円494.80 vs. price of 円294.00 (40.6% below fair value)
No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
62GF Score
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