Maruhachi Warehouse Co (TSE:9313) ROIC %: 1.32% (As of Nov. 2025)


TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
65 GF Score
Price 円1,070.00
GF Value 円783.79
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Maruhachi Warehouse Co ROIC %?

Maruhachi Warehouse Co TSE:9313 65 ROIC % is 1.32% as of Nov. 2025. GuruFocus rates TSE:9313 with a GF Score™ of 65/100 and a GF Value™ of 円783.79 (Significantly Overvalued). The stock has 9 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 %. Maruhachi Warehouse Co's annualized return on invested capital (ROIC %) for the quarter that ended in Nov. 2025 was 1.32%.

As of today (2026-07-03), Maruhachi Warehouse Co's WACC % is 2.14%. Maruhachi Warehouse Co's ROIC % is 1.64% (calculated using TTM income statement data). Maruhachi Warehouse Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Maruhachi Warehouse Co  (TSE:9313) 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, Maruhachi Warehouse Co's WACC % is 2.14%. Maruhachi Warehouse Co's ROIC % is 1.64% (calculated using TTM income statement data). Maruhachi Warehouse Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Maruhachi Warehouse Co ROIC % Related Terms


Maruhachi Warehouse Co ROIC % Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co ROIC % Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 2.15 2.12 2.39 1.68

Maruhachi Warehouse Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2.21 2.33 2.37 1.97 1.32

TSE:9313 vs CTAS, CPRT, ULS: ROIC % Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co ROIC % vs Business Services Industry

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

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


TSE:9313
65GF Score
Maruhachi Warehouse Co Ltd TSE:9313
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse Co ROIC % Calculation

Maruhachi Warehouse Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Nov. 2025 is calculated as:

ROIC % (A: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Nov. 2024 ) + Invested Capital (A: Nov. 2025 ))/ count )
=497.304 * ( 1 - 36.03% )/( (17319.957 + 20612.057)/ 2 )
=318.1253688/18966.007
=1.68 %

where

Invested Capital(A: Nov. 2024 )
=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))
=18832.421 - 655.132 - ( 2196.091 - max(0, 1741.523 - 2598.855+2196.091))
=17319.957

Invested Capital(A: Nov. 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))
=20446.683 - 132.619 - ( 727.601 - max(0, 1532.677 - 1234.684+727.601))
=20612.057

Maruhachi Warehouse Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Nov. 2025 is calculated as:

ROIC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=440.154 * ( 1 - 38.82% )/( (20236.941 + 20612.057)/ 2 )
=269.2862172/20424.499
=1.32 %

where

Invested Capital(Q: May. 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))
=20369.807 - 235.975 - ( 907.657 - max(0, 1543.864 - 1440.755+907.657))
=20236.941

Invested Capital(Q: Nov. 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))
=20446.683 - 132.619 - ( 727.601 - max(0, 1532.677 - 1234.684+727.601))
=20612.057

Note: The Operating Income data used here is two times the semi-annual (Nov. 2025) 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 1.32% mean?
Maruhachi Warehouse Co (TSE:9313) has a ROIC % of 1.32% as of Nov. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Maruhachi Warehouse Co and its competitors.
Is Maruhachi Warehouse Co's ROIC % too high?
Maruhachi Warehouse Co's current ROIC % is 1.32%. The Business Services industry median ROIC % is 5.99. Maruhachi Warehouse Co's value of 1.32% is 78% below this industry median. Overall, Maruhachi Warehouse Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's ROIC % compare to CTAS and CPRT?
Maruhachi Warehouse Co's ROIC % of 1.32% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.99. Maruhachi Warehouse Co's value of 1.32% is 78% 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 Business Services company?
The median ROIC % among Business Services companies is 5.99, based on 1,075 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. Maruhachi Warehouse Co's current ROIC % of 1.32% is 78% 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 Maruhachi Warehouse Co and its competitors. For the Business Services industry, the median ROIC % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Warehouse Co's current ROIC % is 1.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Significantly Overvalued. The stock's GF Value™ is 円783.79, compared to a current price of 円1,070.00 — trading 36.5% above its estimated fair value. The current ROIC % is 1.32% and 78% below the Business Services industry median of 5.99. Maruhachi Warehouse Co's overall GF Score™ is 65/100 with 9 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 Maruhachi Warehouse Co (TSE:9313), the current ROIC % is 1.32% as of Nov. 2025. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,070.00 is trading 36.5% above its estimated GF Value™ of 円783.79. GuruFocus considers Maruhachi Warehouse Co to be Significantly Overvalued.

Key valuation signals for TSE:9313:

  • ROIC %: 1.32%
  • GF Value™: 円783.79 vs. price of 円1,070.00 (36.5% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 78% below the Business Services median

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
65GF Score

Get the complete analysis for TSE:9313

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

円1,070.00
Price
円783.79
GF Value