Kokusai Electric (FRA:69B) ROCE %: 13.80% (As of Mar. 2026)


FRA:69B Kokusai Electric Corp FRA:69B
32 GF Score
Price €54.50
GF Value €22.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kokusai Electric ROCE %?

Kokusai Electric FRA:69B +9.88% 32 ROCE % is 13.80% as of Mar. 2026. GuruFocus rates FRA:69B with a GF Score™ of 32/100 and a GF Value™ of €22.90 (Significantly Overvalued). The stock has 5 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. Kokusai Electric's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.80%.

Kokusai Electric  (FRA:69B) 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.

Kokusai Electric ROCE % Related Terms

Kokusai Electric ROCE % Historical Data

* Premium members only.

The historical data trend for Kokusai Electric'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.

Kokusai Electric ROCE % Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
27.47 20.54 10.40 19.21 14.97

Kokusai Electric Quarterly Data
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 17.97 14.78 19.61 14.39 13.80
FRA:69B
32GF Score
Kokusai Electric Corp FRA:69B
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kokusai Electric ROCE % Calculation

Kokusai Electric'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 )
=229.978/( ( (2119.306 - 513.028) + (1960.542 - 494.576) )/ 2 )
=229.978/( (1606.278+1465.966)/ 2 )
=229.978/1536.122
=14.97 %

Kokusai Electric'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=203.372/( ( (1928.611 - 446.135) + (1960.542 - 494.576) )/ 2 )
=203.372/( ( 1482.476 + 1465.966 )/ 2 )
=203.372/1474.221
=13.80 %

(1) Note: The EBIT data used here is four times the quarterly (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 13.80% mean?
Kokusai Electric (FRA:69B) has a ROCE % of 13.80% as of Mar. 2026.
Is Kokusai Electric's ROCE % too high?
Kokusai Electric's current ROCE % is 13.80%. The Semiconductors industry median ROCE % is 4.81. Kokusai Electric's value of 13.80% is 187.2% above this industry median. Overall, Kokusai Electric has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's ROCE % compare to LRCX and AMAT?
Kokusai Electric's ROCE % of 13.80% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Kokusai Electric's value of 13.80% is 187.2% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. Kokusai Electric's current ROCE % of 13.80% is 187.2% 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current ROCE % is 13.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.90, compared to a current price of €54.50 — trading 138% above its estimated fair value. The current ROCE % is 13.80% and 187.2% above the Semiconductors industry median of 4.81. Kokusai Electric's overall GF Score™ is 32/100 with 5 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 Kokusai Electric (FRA:69B), the current ROCE % is 13.80% 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 Kokusai Electric (FRA:69B) Overvalued in 2026?

Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued. The current stock price of €54.50 is trading 138% above its estimated GF Value™ of €22.90. GuruFocus considers Kokusai Electric to be Significantly Overvalued.

Key valuation signals for FRA:69B:

  • ROCE %: 13.80%
  • GF Value™: €22.90 vs. price of €54.50 (138% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 187.2% above the Semiconductors median

No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kokusai Electric Business Description

Address 3-4 Kanda Kajicho, 5th Floor, Oak Kanda Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
32GF Score

Get the complete analysis for FRA:69B

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

€54.50
Price
€22.90
GF Value