Caster Co (TSE:9331) ROIC %: 0.00% (As of Feb. 2026)

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TSE:9331 Caster Co Ltd TSE:9331
28 GF Score
Price 円744.00
GF Value 円1,053.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Caster Co ROIC %?

Caster Co TSE:9331 +0.54% 28 ROIC % is 0.00% as of Feb. 2026. GuruFocus rates TSE:9331 with a GF Score™ of 28/100 and a GF Value™ of 円1,053.85 (Modestly Undervalued). The stock has 2 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 %. Caster Co's annualized return on invested capital (ROIC %) for the quarter that ended in Feb. 2026 was 0.00%.

As of today (2026-07-29), Caster Co's WACC % is 6.92%. Caster Co's ROIC % is -6.56% (calculated using TTM income statement data). Caster Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Caster Co  (TSE:9331) 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, Caster Co's WACC % is 6.92%. Caster Co's ROIC % is -6.56% (calculated using TTM income statement data). Caster 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.


Caster Co ROIC % Related Terms


Caster Co ROIC % Historical Data

* Premium members only.

The historical data trend for Caster 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.

Caster Co ROIC % Chart

Caster Co Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
ROIC %
-68.56 -22.36 0.40 -14.91 -29.52

Caster Co Semi-Annual Data
Aug21 Aug22 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROIC % Get a 7-Day Free Trial -2.53 -28.40 -41.44 -17.17 0.00

TSE:9331 vs KFY, RHI, TNET: ROIC % Comparison

For the Staffing & Employment Services subindustry, Caster 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.


Caster Co ROIC % vs Business Services Industry

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

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


TSE:9331
28GF Score
Caster Co Ltd TSE:9331
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Caster Co ROIC % Calculation

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

ROIC % (A: Aug. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Aug. 2024 ) + Invested Capital (A: Aug. 2025 ))/ count )
=-382.982 * ( 1 - 0% )/( (1348.737 + 1246.075)/ 2 )
=-382.982/1297.406
=-29.52 %

where

Invested Capital(A: Aug. 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))
=2455.221 - 234.341 - ( 1636.886 - max(0, 1183.386 - 2055.529+1636.886))
=1348.737

Invested Capital(A: Aug. 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))
=1872.251 - 131.377 - ( 1184.046 - max(0, 1031.093 - 1525.892+1184.046))
=1246.075

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

ROIC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=48.7 * ( 1 - 100% )/( (1246.075 + 1336.09)/ 2 )
=0/1291.0825
=0.00 %

where

Invested Capital(Q: Aug. 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))
=1872.251 - 131.377 - ( 1184.046 - max(0, 1031.093 - 1525.892+1184.046))
=1246.075

Invested Capital(Q: Feb. 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))
=1880.668 - 107.082 - ( 1179.908 - max(0, 1078.762 - 1516.258+1179.908))
=1336.09

Note: The Operating Income data used here is two times the semi-annual (Feb. 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 0.00% mean?
Caster Co (TSE:9331) has a ROIC % of 0.00% as of Feb. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Caster Co and its competitors.
Is Caster Co's ROIC % too high?
Caster Co's current ROIC % is 0.00%. Overall, Caster Co has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caster Co's ROIC % compare to KFY and RHI?
Caster Co's ROIC % of 0.00% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.98. 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 5.98, 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. 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 Caster Co and its competitors. For the Business Services industry, the median ROIC % is 5.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caster Co's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caster Co stock overvalued right now?
Based on GuruFocus' analysis, Caster Co (TSE:9331) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,053.85, compared to a current price of 円744.00 — trading 29.4% below its estimated fair value. The current ROIC % is 0.00%. Caster Co's overall GF Score™ is 28/100 with 2 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 Caster Co (TSE:9331), the current ROIC % is 0.00% as of Feb. 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 Caster Co (TSE:9331) Overvalued in 2026?

Based on GuruFocus' analysis, Caster Co stock appears to be undervalued. The current stock price of 円744.00 is trading 29.4% below its estimated GF Value™ of 円1,053.85. GuruFocus considers Caster Co to be Modestly Undervalued.

Key valuation signals for TSE:9331:

  • ROIC %: 0.00%
  • GF Value™: 円1,053.85 vs. price of 円744.00 (29.4% below fair value)
  • GF Score™: 28/100 with 2 warning signs

No single metric tells the full story. See the TSE:9331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caster Co Business Description

Address 1-5-1 Otemachi, Otemachi First Square West Tower 1st & 2nd Floor, Caster Square Tokyo, Chiyoda-ku, LIFORK Otemachi, Tokyo, JPN
Caster Co Ltd is engaged in business operations and operates two businesses: the BPaaS Business, which utilizes the resources of remote workers to act on behalf of and support companies' back-office operations, and the Other Business, which provides staffing and placement services, develops and provides business efficiency tools for e-commerce companies, and develops and operates products and services using generative AI.
28GF Score

Get the complete analysis for TSE:9331

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

円744.00
Price
円1,053.85
GF Value