HKPMF (Hokuetsu) ROCE %: 4.54% (As of Mar. 2026)


HKPMF Hokuetsu Corp HKPMF
70 GF Score
Price $12.60
GF Value $15.30
! 4 Warning Signs
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What is Hokuetsu ROCE %?

Hokuetsu HKPMF 70 ROCE % is 4.54% as of Mar. 2026. GuruFocus rates HKPMF with a GF Score™ of 70/100 and a GF Value™ of $15.30. 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. Hokuetsu's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.54%.


Hokuetsu  (OTCPK:HKPMF) 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.


Hokuetsu ROCE % Related Terms


Hokuetsu ROCE % Historical Data

* Premium members only.

The historical data trend for Hokuetsu'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.

Hokuetsu ROCE % Chart

Hokuetsu Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 4.66 1.99 6.67 3.59

Hokuetsu 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 6.31 4.21 0.07 5.74 4.54
HKPMF
70GF Score
Hokuetsu Corp HKPMF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokuetsu ROCE % Calculation

Hokuetsu'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 )
=78.08/( ( (2810.202 - 550.156) + (2650.409 - 558.92) )/ 2 )
=78.08/( (2260.046+2091.489)/ 2 )
=78.08/2175.7675
=3.59 %

Hokuetsu'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 )
=97.78/( ( (2794.805 - 576.821) + (2650.409 - 558.92) )/ 2 )
=97.78/( ( 2217.984 + 2091.489 )/ 2 )
=97.78/2154.7365
=4.54 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 4.54% mean?
Hokuetsu (HKPMF) has a ROCE % of 4.54% as of Mar. 2026.
Is Hokuetsu's ROCE % too high?
Hokuetsu's current ROCE % is 4.54%. The Forest Products industry median ROCE % is 3.38. Hokuetsu's value of 4.54% is 34.3% above this industry median. Overall, Hokuetsu has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Hokuetsu's ROCE % compare to competitors?
Hokuetsu's ROCE % of 4.54% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. Hokuetsu's value of 4.54% is 34.3% 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 Forest Products company?
The median ROCE % among Forest Products companies is 3.38, based on 280 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. Hokuetsu's current ROCE % of 4.54% is 34.3% 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 Forest Products industry, the median ROCE % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuetsu's current ROCE % is 4.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuetsu stock overvalued right now?
Hokuetsu (HKPMF) has a current ROCE % of 4.54%. The stock's GF Value™ is $15.30, compared to a current price of $12.60 — trading 17.6% below its estimated fair value. The current ROCE % is 4.54% and 34.3% above the Forest Products industry median of 3.38. Hokuetsu's overall GF Score™ is 70/100 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 Hokuetsu (HKPMF), the current ROCE % is 4.54% 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 Hokuetsu (HKPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuetsu stock appears to be undervalued. The current stock price of $12.60 is trading 17.6% below its estimated GF Value™ of $15.30.

Key valuation signals for HKPMF:

  • ROCE %: 4.54%
  • GF Value™: $15.30 vs. price of $12.60 (17.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 34.3% above the Forest Products median

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


Hokuetsu Business Description

Other Exchanges 3865:JapanHPE:Germany
Address 3-2-2 Nihonbashihongoku-cho, Chuo-ku, Tokyo, JPN, 103-0021
Hokuetsu Corp produces and sells a variety of paper products. The company is involved in production and sale of paper and pulp products, paper containers and liquid containers among others. It is also involved in Timber business, construction business, sales of various materials, real estate trading, transportation and warehouse business.
70GF Score

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

$12.60
Price
$15.30
GF Value