ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Nippon Sheet Glass Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 0.00%.
As of today (2026-06-24), Nippon Sheet Glass Co's WACC % is 6.07%. Nippon Sheet Glass Co's ROC % is 2.91% (calculated using TTM income statement data).
Nippon Sheet Glass Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Nippon Sheet Glass Co (OTCPK:NPSGF) 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, Nippon Sheet Glass Co's WACC % is 6.07%. Nippon Sheet Glass Co's ROC % is 2.91% (calculated using TTM income statement data).
Nippon Sheet Glass 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.
* 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.
Nippon Sheet Glass Co (NPSGF) has a ROC % of 0.00% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Nippon Sheet Glass Co and its competitors.
Is Nippon Sheet Glass Co's ROC % too high?
Nippon Sheet Glass Co's current ROC % is 0.00%. Overall, Nippon Sheet Glass Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's ROC % compare to ORLY and AZO?
Nippon Sheet Glass Co's ROC % of 0.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.07. 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 Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.07, based on 1,316 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. 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 Nippon Sheet Glass Co and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sheet Glass Co's current ROC % 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 Nippon Sheet Glass Co stock overvalued right now?
Nippon Sheet Glass Co (NPSGF) has a current ROC % of 0.00%. The stock's GF Value™ is $2.46, compared to a current price of $3.00 — trading 22% above its estimated fair value. The current ROC % is 0.00%. Nippon Sheet Glass Co's overall GF Score™ is 60/100 with 10 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 Nippon Sheet Glass Co (NPSGF), the current ROC % is 0.00% 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 Nippon Sheet Glass Co (NPSGF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued.
The current stock price of $3.00 is trading 22% above its estimated GF Value™ of $2.46.
Key valuation signals for NPSGF:
ROC %: 0.00%
GF Value™: $2.46 vs. price of $3.00 (22% above fair value)
No single metric tells the full story. See the NPSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
60GF Score
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