Nippon Building Fund (FRA:S4C) ROCE %: 3.05% (As of Dec. 2025)


FRA:S4C Nippon Building Fund Inc FRA:S4C
57 GF Score
Price €655.00
GF Value €584.52
! 7 Warning Signs
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What is Nippon Building Fund ROCE %?

Nippon Building Fund FRA:S4C -3.68% 57 ROCE % is 3.05% as of Dec. 2025. GuruFocus rates FRA:S4C with a GF Score™ of 57/100 and a GF Value™ of €584.52. The stock has 7 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 Building Fund's annualized ROCE % for the quarter that ended in Dec. 2025 was 3.05%.

Nippon Building Fund  (FRA:S4C) 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 Building Fund ROCE % Related Terms

Nippon Building Fund ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Building Fund'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 Building Fund ROCE % Chart

Nippon Building Fund 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 3.80 3.59 3.02 3.66 3.24

Nippon Building Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.11 3.56 3.72 3.79 3.05
FRA:S4C
57GF Score
Nippon Building Fund Inc FRA:S4C
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Building Fund ROCE % Calculation

Nippon Building Fund'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 )
=253.093/( ( (8586.491 - 446.944) + (7935.746 - 461.837) )/ 2 )
=253.093/( (8139.547+7473.909)/ 2 )
=253.093/7806.728
=3.24 %

Nippon Building Fund'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: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=231.758/( ( (8357.526 - 635.162) + (7935.746 - 461.837) )/ 2 )
=231.758/( ( 7722.364 + 7473.909 )/ 2 )
=231.758/7598.1365
=3.05 %

(1) Note: The EBIT data used here is two times the semi-annual (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 3.05% mean?
Nippon Building Fund (FRA:S4C) has a ROCE % of 3.05% as of Dec. 2025.
Is Nippon Building Fund's ROCE % too high?
Nippon Building Fund's current ROCE % is 3.05%. The REITs industry median ROCE % is 5.19. Nippon Building Fund's value of 3.05% is 41.2% below this industry median. Overall, Nippon Building Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Building Fund's ROCE % compare to BXP and ARE?
Nippon Building Fund's ROCE % of 3.05% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Nippon Building Fund's value of 3.05% is 41.2% 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 a REITs company?
The median ROCE % among REITs companies is 5.19, based on 756 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 Building Fund's current ROCE % of 3.05% is 41.2% 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 REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Building Fund's current ROCE % is 3.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Building Fund stock overvalued right now?
Nippon Building Fund (FRA:S4C) has a current ROCE % of 3.05%. The stock's GF Value™ is €584.52, compared to a current price of €655.00 — trading 12.1% above its estimated fair value. The current ROCE % is 3.05% and 41.2% below the REITs industry median of 5.19. Nippon Building Fund's overall GF Score™ is 57/100 with 7 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 Building Fund (FRA:S4C), the current ROCE % is 3.05% 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 Building Fund (FRA:S4C) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Building Fund stock appears to be overvalued. The current stock price of €655.00 is trading 12.1% above its estimated GF Value™ of €584.52.

Key valuation signals for FRA:S4C:

  • ROCE %: 3.05%
  • GF Value™: €584.52 vs. price of €655.00 (12.1% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 41.2% below the REITs median

No single metric tells the full story. See the FRA:S4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Building Fund Business Description

Industry Real EstateREITs
Other Exchanges 8951:JapanS4C:Germany
Address 3-1, Nihonbashi Muromachi 2-chome, Muromachi Furukawa Mitsui Building 16th Floor, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio comprises of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
57GF Score

Get the complete analysis for FRA:S4C

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

€655.00
Price
€584.52
GF Value