Nippon Coke & Engineering Co (FRA:NJ2) ROCE %: -13.74% (As of Mar. 2026)

What is Nippon Coke & Engineering Co ROCE %?

Nippon Coke & Engineering Co FRA:NJ2 +3.83% 51 ROCE % is -13.74% as of Mar. 2026. GuruFocus rates FRA:NJ2 with a GF Score™ of 51/100 and a GF Value™ of €0.39. 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. Nippon Coke & Engineering Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -13.74%.

Nippon Coke & Engineering Co (FRA:NJ2) 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 Coke & Engineering Co ROCE % Related Terms

Nippon Coke & Engineering Co ROCE % Historical Data

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The historical data trend for Nippon Coke & Engineering 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 Coke & Engineering Co ROCE % Chart

Nippon Coke & Engineering Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

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Mar25

Mar26

ROCE %

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14.56

-1.45

3.96

-14.59

-7.54

Nippon Coke & Engineering 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															-25.67	-3.76	5.89	-20.56	-13.74

51GF Score

Nippon Coke & Engineering Co Ltd FRA:NJ2

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Nippon Coke & Engineering Co ROCE % Calculation

Nippon Coke & Engineering Co'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 )
	=	-34.086	/	( ( (810.645 - 298.945)	+	(689.808 - 297.354) )	/ 2 )
	=	-34.086	/	( (511.7	+	392.454)	/ 2 )
	=	-34.086	/	452.077
	=	-7.54 %

Nippon Coke & Engineering Co'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 )
	=	-55.688	/	( ( (721.881 - 303.669)	+	(689.808 - 297.354) )	/ 2 )
	=	-55.688	/	( ( 418.212	+	392.454 )	/ 2 )
	=	-55.688	/	405.333
	=	-13.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -13.74% mean?

Nippon Coke & Engineering Co (FRA:NJ2) has a ROCE % of -13.74% as of Mar. 2026.

Is Nippon Coke & Engineering Co's ROCE % too high?

Nippon Coke & Engineering Co's current ROCE % is -13.74%. Overall, Nippon Coke & Engineering Co has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.

How does Nippon Coke & Engineering Co's ROCE % compare to HCC and AMR?

Nippon Coke & Engineering Co's ROCE % of -13.74% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. 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 Steel company?

The median ROCE % among Steel companies is 5.63, based on 620 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. 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Coke & Engineering Co's current ROCE % is -13.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nippon Coke & Engineering Co stock overvalued right now?

Nippon Coke & Engineering Co (FRA:NJ2) has a current ROCE % of -13.74%. The stock's GF Value™ is €0.39, compared to a current price of €0.49 — trading 25.1% above its estimated fair value. The current ROCE % is -13.74%. Nippon Coke & Engineering Co's overall GF Score™ is 51/100 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 Nippon Coke & Engineering Co (FRA:NJ2), the current ROCE % is -13.74% 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 Nippon Coke & Engineering Co (FRA:NJ2) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Coke & Engineering Co stock appears to be overvalued. The current stock price of €0.49 is trading 25.1% above its estimated GF Value™ of €0.39.

Key valuation signals for FRA:NJ2:

ROCE %: -13.74%
GF Value™: €0.39 vs. price of €0.49 (25.1% above fair value)
GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the FRA:NJ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Coke & Engineering Co Business Description

Industry Basic Materials Steel

Comparable Companies TSE:7305 TSE:5408 TSE:5632 TSE:5484 TSE:5464 TSE:5410 TSE:8046 TSE:5976 TSE:5921 TSE:5660 HCC SHSE:600397 ISX:ADMR SZSE:000723 AMR NSE:BHARATCOAL ASX:SMR HKSE:00639 SHSE:600740 SHSE:600997

Other Exchanges 3315:Japan

Address 3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007

Website http://www.n-coke.com

Nippon Coke & Engineering Co Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in resource recycling, and logistics businesses; and property rental activity. Business is functioned through Japan and it derives the majority of its revenue from the coal and coke segment.

51GF Score

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

€0.49

Price

€0.39

GF Value

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