OKE Precision Cutting Tools Co (SHSE:688308) ROCE %: 33.74% (As of Mar. 2026)


SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
68 GF Score
Price ¥183.20
GF Value ¥44.72
Valuation Significantly Overvalued
! 10 Warning Signs
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What is OKE Precision Cutting Tools Co ROCE %?

OKE Precision Cutting Tools Co SHSE:688308 +0.76% 68 ROCE % is 33.74% as of Mar. 2026. GuruFocus rates SHSE:688308 with a GF Score™ of 68/100 and a GF Value™ of ¥44.72 (Significantly Overvalued). The stock has 10 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. OKE Precision Cutting Tools Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 33.74%.

OKE Precision Cutting Tools Co  (SHSE:688308) 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.

OKE Precision Cutting Tools Co ROCE % Related Terms

OKE Precision Cutting Tools Co ROCE % Historical Data

* Premium members only.

The historical data trend for OKE Precision Cutting Tools Co'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.

OKE Precision Cutting Tools Co ROCE % Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 17.67 13.35 7.29 2.84 4.23

OKE Precision Cutting Tools Co 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 1.31 -1.32 9.01 7.91 33.74
SHSE:688308
68GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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OKE Precision Cutting Tools Co ROCE % Calculation

OKE Precision Cutting Tools Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=116.907/( ( (3959.656 - 1209.586) + (3839.028 - 1062.71) )/ 2 )
=116.907/( (2750.07+2776.318)/ 2 )
=116.907/2763.194
=4.23 %

OKE Precision Cutting Tools Co'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 )
=977.86/( ( (3839.028 - 1062.71) + (4580.355 - 1560.044) )/ 2 )
=977.86/( ( 2776.318 + 3020.311 )/ 2 )
=977.86/2898.3145
=33.74 %

(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 33.74% mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a ROCE % of 33.74% as of Mar. 2026.
Is OKE Precision Cutting Tools Co's ROCE % too high?
OKE Precision Cutting Tools Co's current ROCE % is 33.74%. The Industrial Products industry median ROCE % is 7.06. OKE Precision Cutting Tools Co's value of 33.74% is 377.9% above this industry median. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's ROCE % compare to SNA and RBC?
OKE Precision Cutting Tools Co's ROCE % of 33.74% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.06. OKE Precision Cutting Tools Co's value of 33.74% is 377.9% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.06, based on 3,026 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. OKE Precision Cutting Tools Co's current ROCE % of 33.74% is 377.9% 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 Industrial Products industry, the median ROCE % is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKE Precision Cutting Tools Co's current ROCE % is 33.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.72, compared to a current price of ¥183.20 — trading 309.7% above its estimated fair value. The current ROCE % is 33.74% and 377.9% above the Industrial Products industry median of 7.06. OKE Precision Cutting Tools Co's overall GF Score™ is 68/100 with 10 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 OKE Precision Cutting Tools Co (SHSE:688308), the current ROCE % is 33.74% 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥183.20 is trading 309.7% above its estimated GF Value™ of ¥44.72. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • ROCE %: 33.74%
  • GF Value™: ¥44.72 vs. price of ¥183.20 (309.7% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 377.9% above the Industrial Products median

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
68GF Score

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

¥183.20
Price
¥44.72
GF Value