SHMWF (ShinMaywa Industries) ROCE %: 14.47% (As of Mar. 2026)

What is ShinMaywa Industries ROCE %?

ShinMaywa Industries SHMWF 81 ROCE % is 14.47% as of Mar. 2026. GuruFocus rates SHMWF with a GF Score™ of 81/100 and a GF Value™ of $10.23 (Modestly Overvalued). 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. ShinMaywa Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.47%.

ShinMaywa Industries (OTCPK:SHMWF) 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.

ShinMaywa Industries ROCE % Related Terms

ShinMaywa Industries ROCE % Historical Data

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The historical data trend for ShinMaywa Industries'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.

ShinMaywa Industries ROCE % Chart

ShinMaywa Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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7.40

6.28

7.70

8.85

9.28

ShinMaywa Industries 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															13.31	3.89	7.25	12.08	14.47

81GF Score

ShinMaywa Industries Ltd SHMWF

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ShinMaywa Industries ROCE % Calculation

ShinMaywa Industries'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 )
	=	105.468	/	( ( (1787.517 - 626.556)	+	(1865.711 - 752.439) )	/ 2 )
	=	105.468	/	( (1160.961	+	1113.272)	/ 2 )
	=	105.468	/	1137.1165
	=	9.28 %

ShinMaywa Industries'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 )
	=	163.044	/	( ( (1832.165 - 691.96)	+	(1865.711 - 752.439) )	/ 2 )
	=	163.044	/	( ( 1140.205	+	1113.272 )	/ 2 )
	=	163.044	/	1126.7385
	=	14.47 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 14.47% mean?

ShinMaywa Industries (SHMWF) has a ROCE % of 14.47% as of Mar. 2026.

Is ShinMaywa Industries' ROCE % too high?

ShinMaywa Industries' current ROCE % is 14.47%. The Conglomerates industry median ROCE % is 6.92. ShinMaywa Industries' value of 14.47% is 109.1% above this industry median. Overall, ShinMaywa Industries has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does ShinMaywa Industries' ROCE % compare to HON and MMM?

ShinMaywa Industries' ROCE % of 14.47% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.92. ShinMaywa Industries' value of 14.47% is 109.1% 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 Conglomerates company?

The median ROCE % among Conglomerates companies is 6.92, based on 556 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. ShinMaywa Industries's current ROCE % of 14.47% is 109.1% 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 Conglomerates industry, the median ROCE % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current ROCE % is 14.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ShinMaywa Industries stock overvalued right now?

Based on GuruFocus' analysis, ShinMaywa Industries (SHMWF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.23, compared to a current price of $13.30 — trading 30% above its estimated fair value. The current ROCE % is 14.47% and 109.1% above the Conglomerates industry median of 6.92. ShinMaywa Industries' overall GF Score™ is 81/100 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 ShinMaywa Industries (SHMWF), the current ROCE % is 14.47% 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?

Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued. The current stock price of $13.30 is trading 30% above its estimated GF Value™ of $10.23. GuruFocus considers ShinMaywa Industries to be Modestly Overvalued.

Key valuation signals for SHMWF:

ROCE %: 14.47%
GF Value™: $10.23 vs. price of $13.30 (30% above fair value)
GF Score™: 81/100 with 1 warning sign
Industry Position: 109.1% above the Conglomerates median

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

ShinMaywa Industries Business Description

Industry Industrials Conglomerates

Comparable Companies TSE:9010 TSE:3076 TSE:3167 TSE:3498 TSE:3106 TSE:7483 TSE:8057 TSE:8014 TSE:7130 TSE:2353 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Other Exchanges 7224:Japan

Address 1-1 Shinmeiwa-cho, Takarazuka, Hyogo, JPN, 665-8550

Website http://www.shinmaywa.co.jp

ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.

81GF Score

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$13.30

Price

$10.23

GF Value

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