Shimano (FRA:SHM) ROCE %: 11.90% (As of Dec. 2025)

What is Shimano ROCE %?

Shimano FRA:SHM +3.75% 71 ROCE % is 11.90% as of Dec. 2025. GuruFocus rates FRA:SHM with a GF Score™ of 71/100 and a GF Value™ of €110.15 (Modestly Undervalued). The stock has 4 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. Shimano's annualized ROCE % for the quarter that ended in Dec. 2025 was 11.90%.

Shimano (FRA:SHM) 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.

Shimano ROCE % Related Terms

Shimano ROCE % Historical Data

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The historical data trend for Shimano'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.

Shimano ROCE % Chart

Shimano Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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26.29

24.19

10.25

11.39

5.93

Shimano 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															7.01	-0.63	7.48	11.90	8.02

71GF Score

Shimano Inc FRA:SHM

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

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Shimano ROCE % Calculation

Shimano'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 )
	=	309.289	/	( ( (5953.934 - 346.463)	+	(5139.117 - 322.709) )	/ 2 )
	=	309.289	/	( (5607.471	+	4816.408)	/ 2 )
	=	309.289	/	5211.9395
	=	5.93 %

Shimano'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 )
	=	575.8	/	( ( (5169.889 - 310.064)	+	(5139.117 - 322.709) )	/ 2 )
	=	575.8	/	( ( 4859.825	+	4816.408 )	/ 2 )
	=	575.8	/	4838.1165
	=	11.90 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 11.90% mean?

Shimano (FRA:SHM) has a ROCE % of 11.90% as of Dec. 2025.

Is Shimano's ROCE % too high?

Shimano's current ROCE % is 11.90%. The Travel & Leisure industry median ROCE % is 6.08. Shimano's value of 11.90% is 95.9% above this industry median. Overall, Shimano has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Shimano's ROCE % compare to AS and HAS?

Shimano's ROCE % of 11.90% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Shimano's value of 11.90% is 95.9% 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 Travel & Leisure company?

The median ROCE % among Travel & Leisure companies is 6.08, based on 838 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. Shimano's current ROCE % of 11.90% is 95.9% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimano's current ROCE % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shimano stock overvalued right now?

Based on GuruFocus' analysis, Shimano (FRA:SHM) is currently considered Modestly Undervalued. The stock's GF Value™ is €110.15, compared to a current price of €94.05 — trading 14.6% below its estimated fair value. The current ROCE % is 11.90% and 95.9% above the Travel & Leisure industry median of 6.08. Shimano's overall GF Score™ is 71/100 with 4 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 Shimano (FRA:SHM), the current ROCE % is 11.90% 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 Shimano (FRA:SHM) Overvalued in 2026?

Based on GuruFocus' analysis, Shimano stock appears to be undervalued. The current stock price of €94.05 is trading 14.6% below its estimated GF Value™ of €110.15. GuruFocus considers Shimano to be Modestly Undervalued.

Key valuation signals for FRA:SHM:

ROCE %: 11.90%
GF Value™: €110.15 vs. price of €94.05 (14.6% below fair value)
GF Score™: 71/100 with 4 warning signs
Industry Position: 95.9% above the Travel & Leisure median

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

Shimano Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies TSE:7731 TSE:7951 TSE:7832 TSE:7867 TSE:4680 TSE:7906 TSE:6412 TSE:7740 TSE:7458 TSE:7944 HKSE:09992 HKSE:02020 TSE:4661 AS HAS LSE:GAW LTH HKSE:02331 GOLF MAT

Other Exchanges SMNNY:USA SHMDF:USA 7309:Japan SHM:Germany

Address 3-77 Oimatsu-cho, Sakai-ku, Sakai, JPN, 590-8577

Website https://www.shimano.com

Shimano, founded in 1921 and headquartered in Osaka, Japan, is a global leader in the development, production, and distribution of bicycle components, fishing tackle, and rowing equipment. The company also offers lifestyle gear, including apparel, shoes, and bags. With a strong international presence across Japan, Asia, Europe, the Americas, and Oceania, Shimano serves a diverse range of recreational and sporting markets worldwide.

71GF Score

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

€94.05

Price

€110.15

GF Value

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