Niitaka Co (TSE:4465) ROC %: 10.17% (As of Feb. 2026)

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TSE:4465 Niitaka Co Ltd TSE:4465
79 GF Score
Price 円2,255.00
GF Value 円2,248.47
Valuation Fairly Valued
! 5 Warning Signs
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What is Niitaka Co ROC %?

Niitaka Co TSE:4465 +0.13% 79 ROC % is 10.17% as of Feb. 2026. GuruFocus rates TSE:4465 with a GF Score™ of 79/100 and a GF Value™ of 円2,248.47 (Fairly Valued). The stock has 5 warning signs 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 %. Niitaka Co's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 10.17%.

As of today (2026-07-15), Niitaka Co's WACC % is 3.90%. Niitaka Co's ROC % is 10.42% (calculated using TTM income statement data). Niitaka Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Niitaka Co  (TSE:4465) 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, Niitaka Co's WACC % is 3.90%. Niitaka Co's ROC % is 10.42% (calculated using TTM income statement data). Niitaka Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Niitaka Co ROC % Related Terms


Niitaka Co ROC % Historical Data

* Premium members only.

The historical data trend for Niitaka 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.

Niitaka Co ROC % Chart

Niitaka Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 3.89 9.27 9.56 10.90

Niitaka Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.68 11.02 11.14 10.17 8.59
TSE:4465
79GF Score
Niitaka Co Ltd TSE:4465
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Niitaka Co ROC % Calculation

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

ROC % (A: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: May. 2025 ) + Invested Capital (A: May. 2026 ))/ count )
=2118.609 * ( 1 - 30.25% )/( (14079.365 + 13033.137)/ 2 )
=1477.7297775/13556.251
=10.90 %

where

Invested Capital(A: May. 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))
=22584.661 - 1664.946 - ( 6840.35 - max(0, 4943.139 - 14116.005+6840.35))
=14079.365

Invested Capital(A: May. 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))
=23840.804 - 2456.833 - ( 8350.834 - max(0, 5406.922 - 15464.835+8350.834))
=13033.137

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

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=2235.716 * ( 1 - 33.77% )/( (14840.158 + 14276.013)/ 2 )
=1480.7147068/14558.0855
=10.17 %

where

Invested Capital(Q: Nov. 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))
=23819.103 - 1713.144 - ( 7265.801 - max(0, 5552.378 - 15153.164+7265.801))
=14840.158

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))
=23436.076 - 1652.279 - ( 7507.784 - max(0, 5011.323 - 14765.234+7507.784))
=14276.013

Note: The Operating Income data used here is four times the quarterly (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 ROC % →
What does a ROC % of 10.17% mean?
Niitaka Co (TSE:4465) has a ROC % of 10.17% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Niitaka Co and its competitors.
Is Niitaka Co's ROC % too high?
Niitaka Co's current ROC % is 10.17%. The Consumer Packaged Goods industry median ROC % is 5.22. Niitaka Co's value of 10.17% is 94.8% above this industry median. Overall, Niitaka Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niitaka Co's ROC % compare to PG and CL?
Niitaka Co's ROC % of 10.17% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.22. Niitaka Co's value of 10.17% is 94.8% 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 Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.22, based on 1,949 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. Niitaka Co's current ROC % of 10.17% is 94.8% 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 Niitaka Co and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niitaka Co's current ROC % is 10.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niitaka Co stock overvalued right now?
Based on GuruFocus' analysis, Niitaka Co (TSE:4465) is currently considered Fairly Valued. The stock's GF Value™ is 円2,248.47, compared to a current price of 円2,255.00 — trading 0.3% above its estimated fair value. The current ROC % is 10.17% and 94.8% above the Consumer Packaged Goods industry median of 5.22. Niitaka Co's overall GF Score™ is 79/100 with 5 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 Niitaka Co (TSE:4465), the current ROC % is 10.17% 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 Niitaka Co (TSE:4465) Overvalued in 2026?

Based on GuruFocus' analysis, Niitaka Co stock appears to be overvalued. The current stock price of 円2,255.00 is trading 0.3% above its estimated GF Value™ of 円2,248.47. GuruFocus considers Niitaka Co to be Fairly Valued.

Key valuation signals for TSE:4465:

  • ROC %: 10.17%
  • GF Value™: 円2,248.47 vs. price of 円2,255.00 (0.3% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 94.8% above the Consumer Packaged Goods median

No single metric tells the full story. See the TSE:4465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niitaka Co Business Description

Address 1-8-10, Niitaka, Yodogawa-ku, Osaka-shi, Osaka, JPN, 532-8560
Niitaka Co Ltd is engaged in the manufacturing and selling of surfactant-related products for professional use in the food business industry. The company's product offering includes detergents, cleaners and bleach, solid fuel, food sanitation products, and an active ingredient. In addition, the company also engaged in the selling and leasing of commercial kitchen equipment and manufactures raw materials for cosmetics.
79GF Score

Get the complete analysis for TSE:4465

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

円2,255.00
Price
円2,248.47
GF Value