CoCreation Grass's declining ROCE trend is concerning. Despite reinvestment, sales haven't increased. The drop in ROCE may be due to reduced liabilities. The 37% stock drop in three years suggests market pessimism about trend improvement.

CoCreation Grass' low P/E ratio stems from investors' limited optimism about future growth and lack of compelling earnings improvement, which could continue to cap its present share price.

Despite reinvestments, CoCreation Grass's falling ROCE and stagnant sales over five years don't inspire confidence. Its stock fell 24% in three years.