AWTRF (Air Water) ROCE %: 16.17% (As of Mar. 2026)

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AWTRF Air Water Inc AWTRF
72 GF Score
Price $13.91
GF Value $13.19
Valuation Fairly Valued
! 11 Warning Signs
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What is Air Water ROCE %?

Air Water AWTRF -5.69% 72 ROCE % is 16.17% as of Mar. 2026. GuruFocus rates AWTRF with a GF Score™ of 72/100 and a GF Value™ of $13.19 (Fairly Valued). The stock has 11 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Air Water's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.17%.

Air Water  (OTCPK:AWTRF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Air Water ROCE % Related Terms

Air Water ROCE % Historical Data

* Premium members only.

The historical data trend for Air Water's ROCE % 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.

Air Water ROCE % Chart

Air Water Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 7.80 7.94 8.70 7.52

Air Water Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % 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 9.26 6.81 -13.60 -0.57 16.17
AWTRF
72GF Score
Air Water Inc AWTRF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Water ROCE % Calculation

Air Water's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=420.002/( ( (8387.02 - 2199.532) + (7664.9 - 2675.793) )/ 2 )
=420.002/( (6187.488+4989.107)/ 2 )
=420.002/5588.2975
=7.52 %

Air Water's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=871.614/( ( (7800.49 - 2011.634) + (7664.9 - 2675.793) )/ 2 )
=871.614/( ( 5788.856 + 4989.107 )/ 2 )
=871.614/5388.9815
=16.17 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 16.17% mean?
Air Water (AWTRF) has a ROCE % of 16.17% as of Mar. 2026.
Is Air Water's ROCE % too high?
Air Water's current ROCE % is 16.17%. The Chemicals industry median ROCE % is 6.71. Air Water's value of 16.17% is 141% above this industry median. Overall, Air Water has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Water's ROCE % compare to LIN and SHW?
Air Water's ROCE % of 16.17% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.71. Air Water's value of 16.17% is 141% 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 ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.71, based on 1,591 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Water's current ROCE % of 16.17% is 141% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water's current ROCE % is 16.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (AWTRF) is currently considered Fairly Valued. The stock's GF Value™ is $13.19, compared to a current price of $13.91 — trading 5.5% above its estimated fair value. The current ROCE % is 16.17% and 141% above the Chemicals industry median of 6.71. Air Water's overall GF Score™ is 72/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Air Water (AWTRF), the current ROCE % is 16.17% 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 Air Water (AWTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Air Water stock appears to be overvalued. The current stock price of $13.91 is trading 5.5% above its estimated GF Value™ of $13.19. GuruFocus considers Air Water to be Fairly Valued.

Key valuation signals for AWTRF:

  • ROCE %: 16.17%
  • GF Value™: $13.19 vs. price of $13.91 (5.5% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 141% above the Chemicals median

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

Air Water Business Description

Other Exchanges 4088:Japan0AW:Germany
Address 2-12-8 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
72GF Score

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

$13.91
Price
$13.19
GF Value