NOF (NOFCF) ROCE %: 18.33% (As of Dec. 2025)

What is NOF ROCE %?

NOF NOFCF 95 ROCE % is 18.33% as of Dec. 2025. GuruFocus rates NOFCF with a GF Score™ of 95/100 and a GF Value™ of $19.83.

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. NOF's annualized ROCE % for the quarter that ended in Dec. 2025 was 18.33%.

NOF (OTCPK:NOFCF) 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.

NOF ROCE % Related Terms

NOF ROCE % Historical Data

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The historical data trend for NOF'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.

NOF ROCE % Chart

NOF Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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15.76

18.25

16.86

17.41

18.21

NOF 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															15.55	16.62	12.68	18.33	27.18

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NOF Corp NOFCF

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

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NOF ROCE % Calculation

NOF'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 )
	=	362.194	/	( ( (2396.362 - 391.292)	+	(2515.511 - 543.481) )	/ 2 )
	=	362.194	/	( (2005.07	+	1972.03)	/ 2 )
	=	362.194	/	1988.55
	=	18.21 %

NOF'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 )
	=	367.968	/	( ( (2553.636 - 492.49)	+	(2405.298 - 452.234) )	/ 2 )
	=	367.968	/	( ( 2061.146	+	1953.064 )	/ 2 )
	=	367.968	/	2007.105
	=	18.33 %

(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 18.33% mean?

NOF (NOFCF) has a ROCE % of 18.33% as of Dec. 2025.

Is NOF's ROCE % too high?

NOF's current ROCE % is 18.33%. The Chemicals industry median ROCE % is 6.45. NOF's value of 18.33% is 184.4% above this industry median. Overall, NOF has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.

How does NOF's ROCE % compare to LIN and SHW?

NOF's ROCE % of 18.33% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.45. NOF's value of 18.33% is 184.4% 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 Chemicals company?

The median ROCE % among Chemicals companies is 6.45, based on 1,594 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. NOF's current ROCE % of 18.33% is 184.4% 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 Chemicals industry, the median ROCE % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOF's current ROCE % is 18.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NOF stock overvalued right now?

NOF (NOFCF) has a current ROCE % of 18.33%. The stock's GF Value™ is $19.83, compared to a current price of $17.86 — trading 9.9% below its estimated fair value. The current ROCE % is 18.33% and 184.4% above the Chemicals industry median of 6.45. NOF's overall GF Score™ is 95/100. 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 NOF (NOFCF), the current ROCE % is 18.33% 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 NOF (NOFCF) Overvalued in 2026?

Based on GuruFocus' analysis, NOF stock appears to be undervalued. The current stock price of $17.86 is trading 9.9% below its estimated GF Value™ of $19.83.

Key valuation signals for NOFCF:

ROCE %: 18.33%
GF Value™: $19.83 vs. price of $17.86 (9.9% below fair value)
GF Score™: 95/100
Industry Position: 184.4% above the Chemicals median

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

NOF Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4203 TSE:4088 TSE:4626 TSE:4183 TSE:8012 TSE:4631 TSE:4613 TSE:4205 TSE:4401 TSE:5301 LIN XPAR:AI SHW ECL APD XSWX:GIVN SHSE:600309 XSWX:SIKA SZSE:002466 OCSE:NSIS B

Other Exchanges 4403:Japan

Address 20-3 Ebisu 4-chome, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6012

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

NOF Corp is engaged in the chemical manufacturing business. The Group has three reportable segments: Functional Chemicals Business, Pharmaceuticals, Medical and Healthcare Business, & Chemicals Business. The Functional Chemicals segment manufactures and sells fatty acids, surfactants, ethylene oxide/propylene oxide derivatives, organic peroxides, petrochemicals, functional polymers, electronic materials, and special rust prevention agents. The Pharmaceuticals, Medical and Healthcare segment produces pharmaceutical and functional food ingredients, health-related products, biocompatible materials, and raw materials for DDS pharmaceutical formulations. The Chemicals segment manufactures and sells industrial explosives, space-related products, defense-related products, and functional products.

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$17.86

Price

$19.83

GF Value

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