Nittoh (NGO:1738) ROCE %: 5.62% (As of Mar. 2026)

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NGO:1738 Nittoh Corp NGO:1738
68 GF Score
Price 円576.00
GF Value 円598.22
Valuation Fairly Valued
! 1 Warning Sign
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What is Nittoh ROCE %?

Nittoh NGO:1738 +0.70% 68 ROCE % is 5.62% as of Mar. 2026. GuruFocus rates NGO:1738 with a GF Score™ of 68/100 and a GF Value™ of 円598.22 (Fairly Valued). The stock has 1 warning sign 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. Nittoh's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.62%.

Nittoh  (NGO:1738) 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.

Nittoh ROCE % Related Terms

Nittoh ROCE % Historical Data

* Premium members only.

The historical data trend for Nittoh'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.

Nittoh ROCE % Chart

Nittoh 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 8.87 7.03 7.39 11.00 8.43

Nittoh Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 4.14 9.78 14.51 5.62
NGO:1738
68GF Score
Nittoh Corp NGO:1738
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittoh ROCE % Calculation

Nittoh'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 )
=469.425/( ( (7457.806 - 1983.62) + (7622.19 - 1961.922) )/ 2 )
=469.425/( (5474.186+5660.268)/ 2 )
=469.425/5567.227
=8.43 %

Nittoh'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 )
=316.588/( ( (7689.721 - 2085.493) + (7622.19 - 1961.922) )/ 2 )
=316.588/( ( 5604.228 + 5660.268 )/ 2 )
=316.588/5632.248
=5.62 %

(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 5.62% mean?
Nittoh (NGO:1738) has a ROCE % of 5.62% as of Mar. 2026.
Is Nittoh's ROCE % too high?
Nittoh's current ROCE % is 5.62%. The Construction industry median ROCE % is 8.23. Nittoh's value of 5.62% is 31.7% below this industry median. Overall, Nittoh has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoh's ROCE % compare to PWR and FIX?
Nittoh's ROCE % of 5.62% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Nittoh's value of 5.62% is 31.7% 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 Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,760 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. Nittoh's current ROCE % of 5.62% is 31.7% 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoh's current ROCE % is 5.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoh stock overvalued right now?
Based on GuruFocus' analysis, Nittoh (NGO:1738) is currently considered Fairly Valued. The stock's GF Value™ is 円598.22, compared to a current price of 円576.00 — trading 3.7% below its estimated fair value. The current ROCE % is 5.62% and 31.7% below the Construction industry median of 8.23. Nittoh's overall GF Score™ is 68/100 with 1 warning sign 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 Nittoh (NGO:1738), the current ROCE % is 5.62% 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 Nittoh (NGO:1738) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoh stock appears to be undervalued. The current stock price of 円576.00 is trading 3.7% below its estimated GF Value™ of 円598.22. GuruFocus considers Nittoh to be Fairly Valued.

Key valuation signals for NGO:1738:

  • ROCE %: 5.62%
  • GF Value™: 円598.22 vs. price of 円576.00 (3.7% below fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 31.7% below the Construction median

No single metric tells the full story. See the NGO:1738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nittoh Business Description

Address 3-1-8 Hirokawacho, Nakagawa-ku, Nagoya, JPN, 454-0027
NITTOH Corp is engaged in civil engineering work. Its services include renovation business, new construction business, renewal construction business, equipment business, waterproofing business, and real estate business. The company also provides house maintenance services including pest and vermin control and house cleaning services.
68GF Score

Get the complete analysis for NGO:1738

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

円576.00
Price
円598.22
GF Value