Nippon Aqua Co (FRA:N3A) ROCE %: 36.54% (As of Dec. 2025)

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FRA:N3A Nippon Aqua Co Ltd FRA:N3A
73 GF Score
Price €3.96
GF Value €5.70
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What is Nippon Aqua Co ROCE %?

Nippon Aqua Co FRA:N3A +0.51% 73 ROCE % is 36.54% as of Dec. 2025. GuruFocus rates FRA:N3A with a GF Score™ of 73/100 and a GF Value™ of €5.70.

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. Nippon Aqua Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 36.54%.

Nippon Aqua Co  (FRA:N3A) 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.

Nippon Aqua Co ROCE % Related Terms

Nippon Aqua Co ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Aqua 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.

Nippon Aqua Co ROCE % Chart

Nippon Aqua 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 17.87 27.78 31.92 25.72 23.86

Nippon Aqua 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 21.14 22.68 24.64 36.54 18.88
FRA:N3A
73GF Score
Nippon Aqua Co Ltd FRA:N3A
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Aqua Co ROCE % Calculation

Nippon Aqua 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 )
=15.552/( ( (149.457 - 83.297) + (141.372 - 77.179) )/ 2 )
=15.552/( (66.16+64.193)/ 2 )
=15.552/65.1765
=23.86 %

Nippon Aqua 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 )
=23.032/( ( (132.874 - 71.016) + (141.372 - 77.179) )/ 2 )
=23.032/( ( 61.858 + 64.193 )/ 2 )
=23.032/63.0255
=36.54 %

(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 36.54% mean?
Nippon Aqua Co (FRA:N3A) has a ROCE % of 36.54% as of Dec. 2025.
Is Nippon Aqua Co's ROCE % too high?
Nippon Aqua Co's current ROCE % is 36.54%. The Construction industry median ROCE % is 8.23. Nippon Aqua Co's value of 36.54% is 344% above this industry median. Overall, Nippon Aqua Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Aqua Co's ROCE % compare to PWR and FIX?
Nippon Aqua Co's ROCE % of 36.54% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Nippon Aqua Co's value of 36.54% is 344% 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 Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,755 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. Nippon Aqua Co's current ROCE % of 36.54% is 344% 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Aqua Co's current ROCE % is 36.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Aqua Co stock overvalued right now?
Nippon Aqua Co (FRA:N3A) has a current ROCE % of 36.54%. The stock's GF Value™ is €5.70, compared to a current price of €3.96 — trading 30.5% below its estimated fair value. The current ROCE % is 36.54% and 344% above the Construction industry median of 8.23. Nippon Aqua Co's overall GF Score™ is 73/100. 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 Nippon Aqua Co (FRA:N3A), the current ROCE % is 36.54% 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 Nippon Aqua Co (FRA:N3A) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Aqua Co stock appears to be undervalued. The current stock price of €3.96 is trading 30.5% below its estimated GF Value™ of €5.70.

Key valuation signals for FRA:N3A:

  • ROCE %: 36.54%
  • GF Value™: €5.70 vs. price of €3.96 (30.5% below fair value)
  • GF Score™: 73/100
  • Industry Position: 344% above the Construction median

No single metric tells the full story. See the FRA:N3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Aqua Co Business Description

Other Exchanges 1429:Japan
Address 2-16-2 Konan, Minato-ku, Tokyo, JPN, 222-0033
Nippon Aqua Co Ltd is engaged in the development, sales, and installation of rigid polyurethane foam (Note) and waterproofing materials (polyurea). The company also provides a comprehensive service from the procurement, manufacturing, and sales of raw materials according to its specifications, to insulation design, sales of related materials such as heat-shielding materials, and on-site installation. Its business consists of a single business: thermal insulation construction and related services.
73GF Score

Get the complete analysis for FRA:N3A

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

€3.96
Price
€5.70
GF Value