Nicca Chemical Co (TSE:4463) ROCE %: 9.02% (As of Dec. 2025)

What is Nicca Chemical Co ROCE %?

Nicca Chemical Co TSE:4463 +0.71% 66 ROCE % is 9.02% as of Dec. 2025. GuruFocus rates TSE:4463 with a GF Score™ of 66/100 and a GF Value™ of 円1,221.58 (Significantly Overvalued). The stock has 3 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. Nicca Chemical Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 9.02%.

Nicca Chemical Co (TSE:4463) 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.

Nicca Chemical Co ROCE % Related Terms

Nicca Chemical Co ROCE % Historical Data

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The historical data trend for Nicca Chemical 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.

Nicca Chemical Co ROCE % Chart

Nicca Chemical Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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9.52

8.48

6.29

9.14

8.57

Nicca Chemical Co Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															8.65	9.54	8.63	8.47	9.02

66GF Score

Nicca Chemical Co Ltd TSE:4463

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

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Nicca Chemical Co ROCE % Calculation

Nicca Chemical 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 )
	=	4124	/	( ( (62366 - 17143)	+	(74052 - 22983) )	/ 2 )
	=	4124	/	( (45223	+	51069)	/ 2 )
	=	4124	/	48146
	=	8.57 %

Nicca Chemical Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	4382	/	( ( (64772 - 18694)	+	(74052 - 22983) )	/ 2 )
	=	4382	/	( ( 46078	+	51069 )	/ 2 )
	=	4382	/	48573.5
	=	9.02 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 9.02% mean?

Nicca Chemical Co (TSE:4463) has a ROCE % of 9.02% as of Dec. 2025.

Is Nicca Chemical Co's ROCE % too high?

Nicca Chemical Co's current ROCE % is 9.02%. The Chemicals industry median ROCE % is 6.49. Nicca Chemical Co's value of 9.02% is 39% above this industry median. Overall, Nicca Chemical Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nicca Chemical Co's ROCE % compare to DOW?

Nicca Chemical Co's ROCE % of 9.02% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.49. Nicca Chemical Co's value of 9.02% is 39% 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 Chemicals company?

The median ROCE % among Chemicals companies is 6.49, based on 1,588 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. Nicca Chemical Co's current ROCE % of 9.02% is 39% 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 Chemicals industry, the median ROCE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicca Chemical Co's current ROCE % is 9.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nicca Chemical Co stock overvalued right now?

Based on GuruFocus' analysis, Nicca Chemical Co (TSE:4463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,221.58, compared to a current price of 円1,712.00 — trading 40.1% above its estimated fair value. The current ROCE % is 9.02% and 39% above the Chemicals industry median of 6.49. Nicca Chemical Co's overall GF Score™ is 66/100 with 3 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 Nicca Chemical Co (TSE:4463), the current ROCE % is 9.02% as of Dec. 2025. 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 Nicca Chemical Co (TSE:4463) Overvalued in 2026?

Based on GuruFocus' analysis, Nicca Chemical Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 40.1% above its estimated GF Value™ of 円1,221.58. GuruFocus considers Nicca Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4463:

ROCE %: 9.02%
GF Value™: 円1,221.58 vs. price of 円1,712.00 (40.1% above fair value)
GF Score™: 66/100 with 3 warning signs
Industry Position: 39% above the Chemicals median

No single metric tells the full story. See the TSE:4463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nicca Chemical Co Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:8158 TSE:3553 TSE:4366 TSE:5013 TSE:5142 TSE:4093 TSE:4025 TSE:9227 TSE:5729 TSE:6568 TSE:4063 XTER:BAS SAU:2010 SZSE:002080 SHSE:600989 DOW SHSE:600160 TSE:4004 SHSE:600346 SZSE:002460

Address 23-1, Bunkyo 4-chome, Fukui, JPN, 910-8670

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

Nicca Chemical Co Ltd is engaged in the chemical business. It manufactures and sells surfactants for the textile chemicals, metals, pulp and paper, paints, dyes, and synthetic resins, cosmetics, and pharmaceutical products. It also offers a range of surfactants for dry cleaning and professional cleaning agents. The company's segment includes Chemicals and Cosmetics. The company generates the majority of its revenue from Chemicals.

66GF Score

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

円1,712.00

Price

円1,221.58

GF Value

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