SHMZF (Shimadzu) ROCE %: 19.83% (As of Mar. 2026)


SHMZF Shimadzu Corp SHMZF
94 GF Score
Price $24.49
GF Value $29.50
! 1 Warning Sign
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What is Shimadzu ROCE %?

Shimadzu SHMZF -12.54% 94 ROCE % is 19.83% as of Mar. 2026. GuruFocus rates SHMZF with a GF Score™ of 94/100 and a GF Value™ of $29.50. 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. Shimadzu's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.83%.

Shimadzu  (OTCPK:SHMZF) 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.

Shimadzu ROCE % Related Terms

Shimadzu ROCE % Historical Data

* Premium members only.

The historical data trend for Shimadzu'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.

Shimadzu ROCE % Chart

Shimadzu 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 16.80 15.81 15.21 13.93 14.31

Shimadzu 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 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 17.67 8.90 15.16 15.42 19.83
SHMZF
94GF Score
Shimadzu Corp SHMZF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shimadzu ROCE % Calculation

Shimadzu'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 )
=515.179/( ( (4509.512 - 1014.963) + (4650.652 - 946.845) )/ 2 )
=515.179/( (3494.549+3703.807)/ 2 )
=515.179/3599.178
=14.31 %

Shimadzu'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 )
=720.508/( ( (4429.195 - 867.684) + (4650.652 - 946.845) )/ 2 )
=720.508/( ( 3561.511 + 3703.807 )/ 2 )
=720.508/3632.659
=19.83 %

(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 19.83% mean?
Shimadzu (SHMZF) has a ROCE % of 19.83% as of Mar. 2026.
Is Shimadzu's ROCE % too high?
Shimadzu's current ROCE % is 19.83%. The Hardware industry median ROCE % is 5.82. Shimadzu's value of 19.83% is 240.7% above this industry median. Overall, Shimadzu has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Shimadzu's ROCE % compare to COHR and KEYS?
Shimadzu's ROCE % of 19.83% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Shimadzu's value of 19.83% is 240.7% 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 Hardware company?
The median ROCE % among Hardware companies is 5.82, based on 2,445 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. Shimadzu's current ROCE % of 19.83% is 240.7% 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 Hardware industry, the median ROCE % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimadzu's current ROCE % is 19.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimadzu stock overvalued right now?
Shimadzu (SHMZF) has a current ROCE % of 19.83%. The stock's GF Value™ is $29.50, compared to a current price of $24.49 — trading 17% below its estimated fair value. The current ROCE % is 19.83% and 240.7% above the Hardware industry median of 5.82. Shimadzu's overall GF Score™ is 94/100 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 Shimadzu (SHMZF), the current ROCE % is 19.83% 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 Shimadzu (SHMZF) Overvalued in 2026?

Based on GuruFocus' analysis, Shimadzu stock appears to be undervalued. The current stock price of $24.49 is trading 17% below its estimated GF Value™ of $29.50.

Key valuation signals for SHMZF:

  • ROCE %: 19.83%
  • GF Value™: $29.50 vs. price of $24.49 (17% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 240.7% above the Hardware median

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

Shimadzu Business Description

Address 1 Nishinokyo Kuwabaracho, Nakagyo-ku, Kyoto, JPN, 604-8511
Shimadzu Corp is a Japan-based company engaged in the manufacture of precision instruments, measuring equipment, and medical devices. The firm operates in four segments: Aviation Equipment, Industrial Equipment, Measuring Equipment, Medical Equipment, and Others. It generates the majority of its revenue from the Measuring Equipment segment, which is engaged in the provision of X-ray television (TV) systems, angiography systems, X-ray imaging systems, and others.
94GF Score

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

$24.49
Price
$29.50
GF Value