NEOJF (NeoJapan) ROCE %: 32.86% (As of Jan. 2026)

What is NeoJapan ROCE %?

NeoJapan NEOJF 83 ROCE % is 32.86% as of Jan. 2026. GuruFocus rates NEOJF with a GF Score™ of 83/100 and a GF Value™ of $11.86 (Modestly Undervalued).

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. NeoJapan's annualized ROCE % for the quarter that ended in Jan. 2026 was 32.86%.

NeoJapan (OTCPK:NEOJF) 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.

NeoJapan ROCE % Related Terms

NeoJapan ROCE % Historical Data

* Premium members only.

The historical data trend for NeoJapan'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.

NeoJapan ROCE % Chart

NeoJapan Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

ROCE %

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22.29

21.06

20.55

29.44

35.62

NeoJapan Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROCE %	Get a 7-Day Free Trial															40.46	36.21	35.96	32.86	35.65

83GF Score

NeoJapan Inc NEOJF

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

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NeoJapan ROCE % Calculation

NeoJapan's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2026 )		(A: Jan. 2025 )		(A: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2026 )		(A: Jan. 2025 )		(A: Jan. 2026 )
	=	16.653	/	( ( (59.051 - 16.071)	+	(68.264 - 17.731) )	/ 2 )
	=	16.653	/	( (42.98	+	50.533)	/ 2 )
	=	16.653	/	46.7565
	=	35.62 %

NeoJapan's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	16.412	/	( ( (65.195 - 15.84)	+	(68.264 - 17.731) )	/ 2 )
	=	16.412	/	( ( 49.355	+	50.533 )	/ 2 )
	=	16.412	/	49.944
	=	32.86 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 32.86% mean?

NeoJapan (NEOJF) has a ROCE % of 32.86% as of Jan. 2026.

Is NeoJapan's ROCE % too high?

NeoJapan's current ROCE % is 32.86%. The Software industry median ROCE % is 5.19. NeoJapan's value of 32.86% is 533.1% above this industry median. Overall, NeoJapan has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does NeoJapan's ROCE % compare to UBER and SHOP?

NeoJapan's ROCE % of 32.86% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. NeoJapan's value of 32.86% is 533.1% 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 Software company?

The median ROCE % among Software companies is 5.19, based on 2,711 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. NeoJapan's current ROCE % of 32.86% is 533.1% 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 Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoJapan's current ROCE % is 32.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NeoJapan stock overvalued right now?

Based on GuruFocus' analysis, NeoJapan (NEOJF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.86, compared to a current price of $10.36 — trading 12.7% below its estimated fair value. The current ROCE % is 32.86% and 533.1% above the Software industry median of 5.19. NeoJapan's overall GF Score™ is 83/100. 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 NeoJapan (NEOJF), the current ROCE % is 32.86% as of Jan. 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 NeoJapan (NEOJF) Overvalued in 2026?

Based on GuruFocus' analysis, NeoJapan stock appears to be undervalued. The current stock price of $10.36 is trading 12.7% below its estimated GF Value™ of $11.86. GuruFocus considers NeoJapan to be Modestly Undervalued.

Key valuation signals for NEOJF:

ROCE %: 32.86%
GF Value™: $11.86 vs. price of $10.36 (12.7% below fair value)
GF Score™: 83/100
Industry Position: 533.1% above the Software median

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

NeoJapan Business Description

Industry Technology Software

Comparable Companies TSE:5139 TSE:4058 TSE:3853 TSE:2497 TSE:4165 TSE:3648 TSE:9691 TSE:5254 TSE:5027 TSE:2334 XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Other Exchanges 3921:Japan

Address 2-2-1 Minatomirai, Nishi-ku, 10th Floor, Yokohama Landmark Tower, Kanagawa-ken, Yokohama, JPN, 220-8110

Website https://www.neo.co.jp

NeoJapan Inc develops and provides Internet application software, which includes a web-based groupware for information sharing within a firm. The firm mainly provides package software, application service and system integration. It offers desknet's NEO, a groupware software; AppSuite, a tool to create custom business applications; ChatLuck, a chat-based business communication tool; and desknet's DB, an online database system, which enables sharing of information. It also provides Denbun, a Web-based email system for corporate clients that manages, sends, and receives emails through a Web browser; desknet's DAX, a file transfer system; desknet's SSS, a Web-based sales management system; desknet's CAMS, a Web-based customer relationship management system; and desknet's Blog, a blog system.

83GF Score

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$10.36

Price

$11.86

GF Value

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