CMC (NGO:2185) ROCE %: 17.06% (As of Mar. 2026)


NGO:2185 CMC Corp NGO:2185
65 GF Score
Price 円1,090.50
GF Value 円903.85
! 4 Warning Signs
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What is CMC ROCE %?

CMC NGO:2185 65 ROCE % is 17.06% as of Mar. 2026. GuruFocus rates NGO:2185 with a GF Score™ of 65/100 and a GF Value™ of 円903.85. 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. CMC's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.06%.

CMC  (NGO:2185) 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.

CMC ROCE % Related Terms

CMC ROCE % Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC ROCE % Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.99 16.15 13.22 14.00 13.77

CMC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 13.52 14.59 12.99 14.73 17.06
NGO:2185
65GF Score
CMC Corp NGO:2185
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC ROCE % Calculation

CMC's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=3213.98/( ( (26408.594 - 3552.361) + (27137.981 - 3330.226) )/ 2 )
=3213.98/( (22856.233+23807.755)/ 2 )
=3213.98/23331.994
=13.77 %

CMC'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=4171.888/( ( (27137.981 - 3330.226) + (28196.609 - 3105.145) )/ 2 )
=4171.888/( ( 23807.755 + 25091.464 )/ 2 )
=4171.888/24449.6095
=17.06 %

(1) Note: The EBIT data used here is two times the semi-annual (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 17.06% mean?
CMC (NGO:2185) has a ROCE % of 17.06% as of Mar. 2026.
Is CMC's ROCE % too high?
CMC's current ROCE % is 17.06%. The Software industry median ROCE % is 5.27. CMC's value of 17.06% is 223.7% above this industry median. Overall, CMC has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does CMC's ROCE % compare to IBM and ACN?
CMC's ROCE % of 17.06% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. CMC's value of 17.06% is 223.7% 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 5.27, based on 2,713 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. CMC's current ROCE % of 17.06% is 223.7% 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 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC's current ROCE % is 17.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current ROCE % of 17.06%. The stock's GF Value™ is 円903.85, compared to a current price of 円1,090.50 — trading 20.7% above its estimated fair value. The current ROCE % is 17.06% and 223.7% above the Software industry median of 5.27. CMC's overall GF Score™ is 65/100 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 CMC (NGO:2185), the current ROCE % is 17.06% 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 20.7% above its estimated GF Value™ of 円903.85.

Key valuation signals for NGO:2185:

  • ROCE %: 17.06%
  • GF Value™: 円903.85 vs. price of 円1,090.50 (20.7% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 223.7% above the Software median

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
65GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円903.85
GF Value