Micronics Japan Co (FRA:MJ3) ROCE %: 30.18% (As of Dec. 2025)


FRA:MJ3 Micronics Japan Co Ltd FRA:MJ3
85 GF Score
Price €95.50
GF Value €36.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Micronics Japan Co ROCE %?

Micronics Japan Co FRA:MJ3 +9.77% 85 ROCE % is 30.18% as of Dec. 2025. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €36.77 (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. Micronics Japan Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 30.18%.

Micronics Japan Co  (FRA:MJ3) 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.

Micronics Japan Co ROCE % Related Terms

Micronics Japan Co ROCE % Historical Data

* Premium members only.

The historical data trend for Micronics Japan 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.

Micronics Japan Co ROCE % Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.53 35.07 25.69 12.36 24.68

Micronics Japan 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 21.30 30.20 24.03 30.18 34.34
FRA:MJ3
85GF Score
Micronics Japan Co Ltd FRA:MJ3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micronics Japan Co ROCE % Calculation

Micronics Japan Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=74.524/( ( (355.695 - 76.968) + (496.641 - 171.437) )/ 2 )
=74.524/( (278.727+325.204)/ 2 )
=74.524/301.9655
=24.68 %

Micronics Japan 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 )
=120.412/( ( (499.36 - 116.533) + (542.399 - 127.266) )/ 2 )
=120.412/( ( 382.827 + 415.133 )/ 2 )
=120.412/398.98
=30.18 %

(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 30.18% mean?
Micronics Japan Co (FRA:MJ3) has a ROCE % of 30.18% as of Dec. 2025.
Is Micronics Japan Co's ROCE % too high?
Micronics Japan Co's current ROCE % is 30.18%. The Semiconductors industry median ROCE % is 4.81. Micronics Japan Co's value of 30.18% is 528.1% above this industry median. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's ROCE % compare to LRCX and AMAT?
Micronics Japan Co's ROCE % of 30.18% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Micronics Japan Co's value of 30.18% is 528.1% 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. Micronics Japan Co's current ROCE % of 30.18% is 528.1% 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. Micronics Japan Co's current ROCE % is 30.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.77, compared to a current price of €95.50 — trading 159.7% above its estimated fair value. The current ROCE % is 30.18% and 528.1% above the Semiconductors industry median of 4.81. Micronics Japan Co's overall GF Score™ is 85/100 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 Micronics Japan Co (FRA:MJ3), the current ROCE % is 30.18% 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €95.50 is trading 159.7% above its estimated GF Value™ of €36.77. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • ROCE %: 30.18%
  • GF Value™: €36.77 vs. price of €95.50 (159.7% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 528.1% above the Semiconductors median

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score

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

€95.50
Price
€36.77
GF Value