Nippon Parking Development Co (TSE:2353) ROCE %: 22.67% (As of Jan. 2026)


TSE:2353 Nippon Parking Development Co Ltd TSE:2353
91 GF Score
Price 円257.00
GF Value 円276.02
Valuation Fairly Valued
! 1 Warning Sign
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What is Nippon Parking Development Co ROCE %?

Nippon Parking Development Co TSE:2353 -0.39% 91 ROCE % is 22.67% as of Jan. 2026. GuruFocus rates TSE:2353 with a GF Score™ of 91/100 and a GF Value™ of 円276.02 (Fairly Valued). 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 Parking Development Co's annualized ROCE % for the quarter that ended in Jan. 2026 was 22.67%.

Nippon Parking Development Co  (TSE:2353) 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 Parking Development Co ROCE % Related Terms

Nippon Parking Development Co ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Parking Development 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.

Nippon Parking Development Co ROCE % Chart

Nippon Parking Development Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.45 20.35 27.21 23.13 21.00

Nippon Parking Development Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 26.61 12.22 20.18 22.67 29.41
TSE:2353
91GF Score
Nippon Parking Development Co Ltd TSE:2353
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Parking Development Co ROCE % Calculation

Nippon Parking Development Co's annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=7860.424/( ( (42136.619 - 8026.9) + (49984.389 - 9246.248) )/ 2 )
=7860.424/( (34109.719+40738.141)/ 2 )
=7860.424/37423.93
=21.00 %

Nippon Parking Development Co's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=9975.704/( ( (51271.421 - 8313.783) + (54033.55 - 9001.733) )/ 2 )
=9975.704/( ( 42957.638 + 45031.817 )/ 2 )
=9975.704/43994.7275
=22.67 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 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 22.67% mean?
Nippon Parking Development Co (TSE:2353) has a ROCE % of 22.67% as of Jan. 2026.
Is Nippon Parking Development Co's ROCE % too high?
Nippon Parking Development Co's current ROCE % is 22.67%. The Conglomerates industry median ROCE % is 7.01. Nippon Parking Development Co's value of 22.67% is 223.4% above this industry median. Overall, Nippon Parking Development Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Parking Development Co's ROCE % compare to HON and MMM?
Nippon Parking Development Co's ROCE % of 22.67% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 7.01. Nippon Parking Development Co's value of 22.67% is 223.4% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 7.01, based on 560 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 Parking Development Co's current ROCE % of 22.67% is 223.4% 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 Conglomerates industry, the median ROCE % is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Parking Development Co's current ROCE % is 22.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Parking Development Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Parking Development Co (TSE:2353) is currently considered Fairly Valued. The stock's GF Value™ is 円276.02, compared to a current price of 円257.00 — trading 6.9% below its estimated fair value. The current ROCE % is 22.67% and 223.4% above the Conglomerates industry median of 7.01. Nippon Parking Development Co's overall GF Score™ is 91/100 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 Parking Development Co (TSE:2353), the current ROCE % is 22.67% as of Jan. 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 Parking Development Co (TSE:2353) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Parking Development Co stock appears to be undervalued. The current stock price of 円257.00 is trading 6.9% below its estimated GF Value™ of 円276.02. GuruFocus considers Nippon Parking Development Co to be Fairly Valued.

Key valuation signals for TSE:2353:

  • ROCE %: 22.67%
  • GF Value™: 円276.02 vs. price of 円257.00 (6.9% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 223.4% above the Conglomerates median

No single metric tells the full story. See the TSE:2353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Parking Development Co Business Description

Other Exchanges 3SY:Germany
Address 2-4 Komatsubara-cho, Osaka Fukoku Life Insurance Building, Kita-ku, Osaka, JPN, 530-0018
Nippon Parking Development Co Ltd provides car parking solutions and services. The company's reporting segments consist of: i) Parking Business: operating and managing parking lots, ii) Ski Resort Business: operates and acquires ski resorts, and iii) Theme Park Business: involves the operation and acquisition of theme parks. The majority of revenue is derived from the Parking business segment.
91GF Score

Get the complete analysis for TSE:2353

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

円257.00
Price
円276.02
GF Value