Nippon Techno Lab (SSE:3849) ROCE %: 38.76% (As of Mar. 2026)

What is Nippon Techno Lab ROCE %?

Nippon Techno Lab SSE:3849 -3.49% 72 ROCE % is 38.76% as of Mar. 2026. GuruFocus rates SSE:3849 with a GF Score™ of 72/100 and a GF Value™ of 円851.45 (Modestly Undervalued). 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. Nippon Techno Lab's annualized ROCE % for the quarter that ended in Mar. 2026 was 38.76%.

Nippon Techno Lab (SSE:3849) 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.

Nippon Techno Lab ROCE % Related Terms

Nippon Techno Lab ROCE % Historical Data

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The historical data trend for Nippon Techno Lab'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.

Nippon Techno Lab ROCE % Chart

Nippon Techno Lab Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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1.73

10.21

9.94

0.26

10.90

Nippon Techno Lab 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															17.75	-5.95	6.49	-16.87	38.76

72GF Score

Nippon Techno Lab Inc SSE:3849

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

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Nippon Techno Lab ROCE % Calculation

Nippon Techno Lab'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 )
	=	141.477	/	( ( (1346.256 - 96.742)	+	(1578.493 - 232.628) )	/ 2 )
	=	141.477	/	( (1249.514	+	1345.865)	/ 2 )
	=	141.477	/	1297.6895
	=	10.90 %

Nippon Techno Lab'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 )
	=	486.528	/	( ( (1284.189 - 119.614)	+	(1578.493 - 232.628) )	/ 2 )
	=	486.528	/	( ( 1164.575	+	1345.865 )	/ 2 )
	=	486.528	/	1255.22
	=	38.76 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 38.76% mean?

Nippon Techno Lab (SSE:3849) has a ROCE % of 38.76% as of Mar. 2026.

Is Nippon Techno Lab's ROCE % too high?

Nippon Techno Lab's current ROCE % is 38.76%. The Software industry median ROCE % is 5.19. Nippon Techno Lab's value of 38.76% is 646.8% above this industry median. Overall, Nippon Techno Lab has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Nippon Techno Lab's ROCE % compare to UBER and SHOP?

Nippon Techno Lab's ROCE % of 38.76% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. Nippon Techno Lab's value of 38.76% is 646.8% 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 5.19, based on 2,709 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. Nippon Techno Lab's current ROCE % of 38.76% is 646.8% 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 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Techno Lab's current ROCE % is 38.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nippon Techno Lab stock overvalued right now?

Based on GuruFocus' analysis, Nippon Techno Lab (SSE:3849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円851.45, compared to a current price of 円608.00 — trading 28.6% below its estimated fair value. The current ROCE % is 38.76% and 646.8% above the Software industry median of 5.19. Nippon Techno Lab's overall GF Score™ is 72/100 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 Nippon Techno Lab (SSE:3849), the current ROCE % is 38.76% 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 Nippon Techno Lab (SSE:3849) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Techno Lab stock appears to be undervalued. The current stock price of 円608.00 is trading 28.6% below its estimated GF Value™ of 円851.45. GuruFocus considers Nippon Techno Lab to be Modestly Undervalued.

Key valuation signals for SSE:3849:

ROCE %: 38.76%
GF Value™: 円851.45 vs. price of 円608.00 (28.6% below fair value)
GF Score™: 72/100 with 1 warning sign
Industry Position: 646.8% above the Software median

No single metric tells the full story. See the SSE:3849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Techno Lab Business Description

Industry Technology Software

Comparable Companies TSE:5242 TSE:303A TSE:6786 TSE:3787 TSE:323A TSE:175A TSE:4052 TSE:4424 TSE:4020 TSE:4381 XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Address 2-1 PMO Hanzomon, 9th Floor, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083

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

Nippon Techno Lab Inc is engaged in Imaging & Printer Controller Business that develops and sells controllers and controller software for industrial printers and plotters. The company is engaged in the storage solutions business and contract development business.

72GF Score

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円608.00

Price

円851.45

GF Value

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