Chugoku Marine Paints (TSE:4617) ROCE %: 17.32% (As of Mar. 2026)

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TSE:4617 Chugoku Marine Paints Ltd TSE:4617
83 GF Score
Price 円3,610.00
GF Value 円2,512.35
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Chugoku Marine Paints ROCE %?

Chugoku Marine Paints TSE:4617 83 ROCE % is 17.32% as of Mar. 2026. GuruFocus rates TSE:4617 with a GF Score™ of 83/100 and a GF Value™ of 円2,512.35 (Significantly Overvalued). 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. Chugoku Marine Paints's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.32%.

Chugoku Marine Paints  (TSE:4617) 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.

Chugoku Marine Paints ROCE % Related Terms

Chugoku Marine Paints ROCE % Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints ROCE % Chart

Chugoku Marine Paints 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 2.85 8.05 16.88 20.43 17.28

Chugoku Marine Paints 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 16.28 16.84 20.22 17.68 17.32
TSE:4617
83GF Score
Chugoku Marine Paints Ltd TSE:4617
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Marine Paints ROCE % Calculation

Chugoku Marine Paints'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 )
=18366/( ( (144777 - 46268) + (157560 - 43475) )/ 2 )
=18366/( (98509+114085)/ 2 )
=18366/106297
=17.28 %

Chugoku Marine Paints'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 )
=19044/( ( (151487 - 45713) + (157560 - 43475) )/ 2 )
=19044/( ( 105774 + 114085 )/ 2 )
=19044/109929.5
=17.32 %

(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 17.32% mean?
Chugoku Marine Paints (TSE:4617) has a ROCE % of 17.32% as of Mar. 2026.
Is Chugoku Marine Paints' ROCE % too high?
Chugoku Marine Paints' current ROCE % is 17.32%. The Chemicals industry median ROCE % is 6.50. Chugoku Marine Paints' value of 17.32% is 166.5% above this industry median. Overall, Chugoku Marine Paints has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' ROCE % compare to LIN and SHW?
Chugoku Marine Paints' ROCE % of 17.32% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.50. Chugoku Marine Paints' value of 17.32% is 166.5% 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 6.50, based on 1,589 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. Chugoku Marine Paints's current ROCE % of 17.32% is 166.5% 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 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Marine Paints's current ROCE % is 17.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Based on GuruFocus' analysis, Chugoku Marine Paints (TSE:4617) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,512.35, compared to a current price of 円3,610.00 — trading 43.7% above its estimated fair value. The current ROCE % is 17.32% and 166.5% above the Chemicals industry median of 6.50. Chugoku Marine Paints' overall GF Score™ is 83/100 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 Chugoku Marine Paints (TSE:4617), the current ROCE % is 17.32% 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 Chugoku Marine Paints (TSE:4617) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of 円3,610.00 is trading 43.7% above its estimated GF Value™ of 円2,512.35. GuruFocus considers Chugoku Marine Paints to be Significantly Overvalued.

Key valuation signals for TSE:4617:

  • ROCE %: 17.32%
  • GF Value™: 円2,512.35 vs. price of 円3,610.00 (43.7% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 166.5% above the Chemicals median

No single metric tells the full story. See the TSE:4617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chugoku Marine Paints Business Description

Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for TSE:4617

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

円3,610.00
Price
円2,512.35
GF Value