DNPCF (Dai Nippon Printing Co) ROC %: 4.39% (As of Mar. 2026)


DNPCF Dai Nippon Printing Co Ltd DNPCF
71 GF Score
Price $15.40
GF Value $15.45
Valuation Fairly Valued
! 1 Warning Sign
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What is Dai Nippon Printing Co ROC %?

Dai Nippon Printing Co DNPCF 71 ROC % is 4.39% as of Mar. 2026. GuruFocus rates DNPCF with a GF Score™ of 71/100 and a GF Value™ of $15.45 (Fairly Valued). The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Dai Nippon Printing Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 4.39%.

As of today (2026-06-25), Dai Nippon Printing Co's WACC % is 4.86%. Dai Nippon Printing Co's ROC % is 4.82% (calculated using TTM income statement data). Dai Nippon Printing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Dai Nippon Printing Co  (OTCPK:DNPCF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Dai Nippon Printing Co's WACC % is 4.86%. Dai Nippon Printing Co's ROC % is 4.82% (calculated using TTM income statement data). Dai Nippon Printing 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 %, ROC % 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.


Dai Nippon Printing Co ROC % Related Terms


Dai Nippon Printing Co ROC % Historical Data

* Premium members only.

The historical data trend for Dai Nippon Printing Co's ROC % 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.

Dai Nippon Printing Co ROC % Chart

Dai Nippon Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 3.25 3.96 4.39 4.60

Dai Nippon Printing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 0.00 4.74 4.50 5.40 4.39
DNPCF
71GF Score
Dai Nippon Printing Co Ltd DNPCF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dai Nippon Printing Co ROC % Calculation

Dai Nippon Printing Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=636.736 * ( 1 - 31.37% )/( (9354.86 + 9660.398)/ 2 )
=436.9919168/9507.629
=4.60 %

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))
=12866.422 - 1800.847 - ( 1710.715 - max(0, 2923.568 - 5532.707+1710.715))
=9354.86

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))
=12818.726 - 1279.516 - ( 1878.812 - max(0, 2395.844 - 5416.066+1878.812))
=9660.398

Dai Nippon Printing Co's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=622.88 * ( 1 - 32.4% )/( (9514.036 + 9660.398)/ 2 )
=421.06688/9587.217
=4.39 %

where

Invested Capital(Q: Dec. 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))
=12701.491 - 1450.637 - ( 1736.818 - max(0, 2459.141 - 5495.065+1736.818))
=9514.036

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))
=12818.726 - 1279.516 - ( 1878.812 - max(0, 2395.844 - 5416.066+1878.812))
=9660.398

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 4.39% mean?
Dai Nippon Printing Co (DNPCF) has a ROC % of 4.39% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Dai Nippon Printing Co and its competitors.
Is Dai Nippon Printing Co's ROC % too high?
Dai Nippon Printing Co's current ROC % is 4.39%. The Conglomerates industry median ROC % is 2.82. Dai Nippon Printing Co's value of 4.39% is 55.7% above this industry median. Overall, Dai Nippon Printing Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dai Nippon Printing Co's ROC % compare to HON and MMM?
Dai Nippon Printing Co's ROC % of 4.39% can be compared against companies in the Conglomerates industry. The industry median ROC % is 2.82. Dai Nippon Printing Co's value of 4.39% is 55.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Conglomerates company?
The median ROC % among Conglomerates companies is 2.82, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dai Nippon Printing Co's current ROC % of 4.39% is 55.7% above 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Dai Nippon Printing Co and its competitors. For the Conglomerates industry, the median ROC % is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dai Nippon Printing Co's current ROC % is 4.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dai Nippon Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Dai Nippon Printing Co (DNPCF) is currently considered Fairly Valued. The stock's GF Value™ is $15.45, compared to a current price of $15.40 — trading 0.3% below its estimated fair value. The current ROC % is 4.39% and 55.7% above the Conglomerates industry median of 2.82. Dai Nippon Printing Co's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Dai Nippon Printing Co (DNPCF), the current ROC % is 4.39% 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 Dai Nippon Printing Co (DNPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Dai Nippon Printing Co stock appears to be undervalued. The current stock price of $15.40 is trading 0.3% below its estimated GF Value™ of $15.45. GuruFocus considers Dai Nippon Printing Co to be Fairly Valued.

Key valuation signals for DNPCF:

  • ROC %: 4.39%
  • GF Value™: $15.45 vs. price of $15.40 (0.3% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 55.7% above the Conglomerates median

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


Dai Nippon Printing Co Business Description

Address 1-1-1 Ichigaya-Kagacho, Shinjuku-ku, Tokyo, JPN, 162-8001
Dai Nippon Printing Co Ltd operates in various business areas using its printing and information technologies. The company operates in the following segments: Life & Healthcare, Electronics, and Smart Communication. Its key revenue is derived from the Smart Communication segment, which includes the imaging communication business, focusing on photo printing, the Information Security business, providing business process outsourcing (BPO) and smart card services, and content & XR communication. The Life & Healthcare segment includes its mobility and industrial high-performance materials business, bulk pharmaceutical manufacturing and medical packaging, and the packaging, living spaces, and beverages businesses. Electronics focuses on functional films, display components, and others.
71GF Score

Get the complete analysis for DNPCF

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

$15.40
Price
$15.45
GF Value