Nippon Shokubai Co (TSE:4114) ROCE %: 2.37% (As of Mar. 2026)


TSE:4114 Nippon Shokubai Co Ltd TSE:4114
77 GF Score
Price 円2,097.00
GF Value 円1,744.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nippon Shokubai Co ROCE %?

Nippon Shokubai Co TSE:4114 +0.55% 77 ROCE % is 2.37% as of Mar. 2026. GuruFocus rates TSE:4114 with a GF Score™ of 77/100 and a GF Value™ of 円1,744.78 (Modestly Overvalued). The stock has 5 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. Nippon Shokubai Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.37%.

Nippon Shokubai Co  (TSE:4114) 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 Shokubai Co ROCE % Related Terms

Nippon Shokubai Co ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Shokubai 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 Shokubai Co ROCE % Chart

Nippon Shokubai Co 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 8.70 6.57 4.14 5.82 4.97

Nippon Shokubai 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 4.69 6.06 4.39 7.53 2.37
TSE:4114
77GF Score
Nippon Shokubai Co Ltd TSE:4114
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Shokubai Co ROCE % Calculation

Nippon Shokubai Co'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 )
=22667/( ( (543659 - 107171) + (580209 - 103867) )/ 2 )
=22667/( (436488+476342)/ 2 )
=22667/456415
=4.97 %

Nippon Shokubai 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 )
=11132/( ( (564710 - 101806) + (580209 - 103867) )/ 2 )
=11132/( ( 462904 + 476342 )/ 2 )
=11132/469623
=2.37 %

(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 2.37% mean?
Nippon Shokubai Co (TSE:4114) has a ROCE % of 2.37% as of Mar. 2026.
Is Nippon Shokubai Co's ROCE % too high?
Nippon Shokubai Co's current ROCE % is 2.37%. The Chemicals industry median ROCE % is 6.42. Nippon Shokubai Co's value of 2.37% is 63.1% below this industry median. Overall, Nippon Shokubai Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shokubai Co's ROCE % compare to DOW?
Nippon Shokubai Co's ROCE % of 2.37% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Nippon Shokubai Co's value of 2.37% is 63.1% below 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,590 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 Shokubai Co's current ROCE % of 2.37% is 63.1% below 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Shokubai Co's current ROCE % is 2.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shokubai Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shokubai Co (TSE:4114) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,744.78, compared to a current price of 円2,097.00 — trading 20.2% above its estimated fair value. The current ROCE % is 2.37% and 63.1% below the Chemicals industry median of 6.42. Nippon Shokubai Co's overall GF Score™ is 77/100 with 5 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 Nippon Shokubai Co (TSE:4114), the current ROCE % is 2.37% 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 Shokubai Co (TSE:4114) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shokubai Co stock appears to be overvalued. The current stock price of 円2,097.00 is trading 20.2% above its estimated GF Value™ of 円1,744.78. GuruFocus considers Nippon Shokubai Co to be Modestly Overvalued.

Key valuation signals for TSE:4114:

  • ROCE %: 2.37%
  • GF Value™: 円1,744.78 vs. price of 円2,097.00 (20.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 63.1% below the Chemicals median

No single metric tells the full story. See the TSE:4114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Shokubai Co Business Description

Address 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN
Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.
77GF Score

Get the complete analysis for TSE:4114

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

円2,097.00
Price
円1,744.78
GF Value