CANRF (Canare Electric Co) ROCE %: 5.31% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CANRF Canare Electric Co Ltd CANRF
80 GF Score
Price $9.96
GF Value $9.31
! 2 Warning Signs
View Full Analysis

What is Canare Electric Co ROCE %?

Canare Electric Co CANRF 80 ROCE % is 5.31% as of Dec. 2025. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.31. The stock has 2 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. Canare Electric Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.31%.


Canare Electric Co  (OTCPK:CANRF) 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.


Canare Electric Co ROCE % Related Terms


Canare Electric Co ROCE % Historical Data

* Premium members only.

The historical data trend for Canare Electric Co'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.

Canare Electric Co ROCE % Chart

Canare Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.08 7.51 10.21 8.36 8.72

Canare Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 11.56 8.52 10.32 5.31 8.13
CANRF
80GF Score
Canare Electric Co Ltd CANRF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canare Electric Co ROCE % Calculation

Canare Electric Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=10.552/( ( (127.599 - 9.79) + (135.171 - 10.909) )/ 2 )
=10.552/( (117.809+124.262)/ 2 )
=10.552/121.0355
=8.72 %

Canare Electric Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=6.692/( ( (138.592 - 10.834) + (135.171 - 10.909) )/ 2 )
=6.692/( ( 127.758 + 124.262 )/ 2 )
=6.692/126.01
=5.31 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 5.31% mean?
Canare Electric Co (CANRF) has a ROCE % of 5.31% as of Dec. 2025.
Is Canare Electric Co's ROCE % too high?
Canare Electric Co's current ROCE % is 5.31%. The Industrial Products industry median ROCE % is 7.00. Canare Electric Co's value of 5.31% is 24.1% below this industry median. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's ROCE % compare to VRT and BE?
Canare Electric Co's ROCE % of 5.31% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. Canare Electric Co's value of 5.31% is 24.1% below 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.00, based on 3,029 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. Canare Electric Co's current ROCE % of 5.31% is 24.1% below 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 Industrial Products industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canare Electric Co's current ROCE % is 5.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current ROCE % of 5.31%. The stock's GF Value™ is $9.31, compared to a current price of $9.96 — trading 7% above its estimated fair value. The current ROCE % is 5.31% and 24.1% below the Industrial Products industry median of 7.00. Canare Electric Co's overall GF Score™ is 80/100 with 2 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 Canare Electric Co (CANRF), the current ROCE % is 5.31% as of Dec. 2025. 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 Canare Electric Co (CANRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued. The current stock price of $9.96 is trading 7% above its estimated GF Value™ of $9.31.

Key valuation signals for CANRF:

  • ROCE %: 5.31%
  • GF Value™: $9.31 vs. price of $9.96 (7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 24.1% below the Industrial Products median

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


Canare Electric Co Business Description

Other Exchanges 5819:Japan
Address 1201-10 Okumawari, Fujieda-cho, Aichi Prefecture, Nisshin, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score

Get the complete analysis for CANRF

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

$9.96
Price
$9.31
GF Value