ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Minebea Mitsumi's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.74%.
As of today (2026-06-24), Minebea Mitsumi's WACC % is 8.37%. Minebea Mitsumi's ROC % is 6.30% (calculated using TTM income statement data).
Minebea Mitsumi earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Minebea Mitsumi (OTCPK:MNBEF) 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, Minebea Mitsumi's WACC % is 8.37%. Minebea Mitsumi's ROC % is 6.30% (calculated using TTM income statement data).
Minebea Mitsumi 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.
Minebea Mitsumi ROC % Related Terms
Minebea Mitsumi ROC % Historical Data
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The historical data trend for Minebea Mitsumi'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.
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.
Minebea Mitsumi (MNBEF) has a ROC % of 6.74% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Minebea Mitsumi and its competitors.
Is Minebea Mitsumi's ROC % too high?
Minebea Mitsumi's current ROC % is 6.74%. The Hardware industry median ROC % is 4.12. Minebea Mitsumi's value of 6.74% is 63.8% above this industry median. Overall, Minebea Mitsumi has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minebea Mitsumi's ROC % compare to APH and GLW?
Minebea Mitsumi's ROC % of 6.74% can be compared against companies in the Hardware industry. The industry median ROC % is 4.12. Minebea Mitsumi's value of 6.74% is 63.8% 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 Hardware company?
The median ROC % among Hardware companies is 4.12, based on 2,444 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. Minebea Mitsumi's current ROC % of 6.74% is 63.8% 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 Minebea Mitsumi and its competitors. For the Hardware industry, the median ROC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minebea Mitsumi's current ROC % is 6.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minebea Mitsumi stock overvalued right now?
Based on GuruFocus' analysis, Minebea Mitsumi (MNBEF) is currently considered Fairly Valued. The stock's GF Value™ is $25.10, compared to a current price of $26.63 — trading 6.1% above its estimated fair value. The current ROC % is 6.74% and 63.8% above the Hardware industry median of 4.12. Minebea Mitsumi's overall GF Score™ is 87/100 with 7 warning signs 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 Minebea Mitsumi (MNBEF), the current ROC % is 6.74% 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 Minebea Mitsumi (MNBEF) Overvalued in 2026?
Based on GuruFocus' analysis, Minebea Mitsumi stock appears to be overvalued.
The current stock price of $26.63 is trading 6.1% above its estimated GF Value™ of $25.10.
GuruFocus considers Minebea Mitsumi to be Fairly Valued.
Key valuation signals for MNBEF:
ROC %: 6.74%
GF Value™: $25.10 vs. price of $26.63 (6.1% above fair value)
Industry Position: 63.8% above the Hardware median
No single metric tells the full story. See the MNBEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minebea Mitsumi Inc is an electronic components company. The company operates through four segments. The Access Solutions segment handles automotive parts such as key sets, door latches, and handles, as well as industrial equipment parts. The Motor Lighting & Sensing segment offers small motors, electronic devices, optical components, sensing devices, and specialized equipment. The Precision Technologies segment focuses on ultra-precision machined parts, including bearings, pivot assemblies, and aircraft screws. The Semiconductor & Electronics segment provides semiconductor devices, optical devices, mechanical components, power supply components, and smart products. It generates the majority of its revenue from the Semiconductor & Electronics segment.
87GF Score
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