Nippon Air Conditioning Services Co (TSE:4658) ROCE %: 15.04% (As of Mar. 2026)

What is Nippon Air Conditioning Services Co ROCE %?

Nippon Air Conditioning Services Co TSE:4658 +0.18% 86 ROCE % is 15.04% as of Mar. 2026. GuruFocus rates TSE:4658 with a GF Score™ of 86/100 and a GF Value™ of 円1,192.80 (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. Nippon Air Conditioning Services Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.04%.

Nippon Air Conditioning Services Co (TSE:4658) 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 Air Conditioning Services Co ROCE % Related Terms

Nippon Air Conditioning Services Co ROCE % Historical Data

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The historical data trend for Nippon Air Conditioning Services 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 Air Conditioning Services Co ROCE % Chart

Nippon Air Conditioning Services Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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17.18

12.04

14.38

14.54

14.95

Nippon Air Conditioning Services Co 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															18.92	12.62	15.86	14.90	15.04

86GF Score

Nippon Air Conditioning Services Co Ltd TSE:4658

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

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Nippon Air Conditioning Services Co ROCE % Calculation

Nippon Air Conditioning Services 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 )
	=	5164	/	( ( (48568 - 16696)	+	(53142 - 15913) )	/ 2 )
	=	5164	/	( (31872	+	37229)	/ 2 )
	=	5164	/	34550.5
	=	14.95 %

Nippon Air Conditioning Services 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: 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 )
	=	5388	/	( ( (46319 - 11889)	+	(53142 - 15913) )	/ 2 )
	=	5388	/	( ( 34430	+	37229 )	/ 2 )
	=	5388	/	35829.5
	=	15.04 %

(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 15.04% mean?

Nippon Air Conditioning Services Co (TSE:4658) has a ROCE % of 15.04% as of Mar. 2026.

Is Nippon Air Conditioning Services Co's ROCE % too high?

Nippon Air Conditioning Services Co's current ROCE % is 15.04%. The Business Services industry median ROCE % is 8.93. Nippon Air Conditioning Services Co's value of 15.04% is 68.4% above this industry median. Overall, Nippon Air Conditioning Services Co has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nippon Air Conditioning Services Co's ROCE % compare to CTAS and CPRT?

Nippon Air Conditioning Services Co's ROCE % of 15.04% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.93. Nippon Air Conditioning Services Co's value of 15.04% is 68.4% 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 Business Services company?

The median ROCE % among Business Services companies is 8.93, based on 1,070 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 Air Conditioning Services Co's current ROCE % of 15.04% is 68.4% 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 Business Services industry, the median ROCE % is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Air Conditioning Services Co's current ROCE % is 15.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nippon Air Conditioning Services Co stock overvalued right now?

Based on GuruFocus' analysis, Nippon Air Conditioning Services Co (TSE:4658) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,192.80, compared to a current price of 円1,652.00 — trading 38.5% above its estimated fair value. The current ROCE % is 15.04% and 68.4% above the Business Services industry median of 8.93. Nippon Air Conditioning Services Co's overall GF Score™ is 86/100 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 Nippon Air Conditioning Services Co (TSE:4658), the current ROCE % is 15.04% 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 Air Conditioning Services Co (TSE:4658) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Air Conditioning Services Co stock appears to be overvalued. The current stock price of 円1,652.00 is trading 38.5% above its estimated GF Value™ of 円1,192.80. GuruFocus considers Nippon Air Conditioning Services Co to be Significantly Overvalued.

Key valuation signals for TSE:4658:

ROCE %: 15.04%
GF Value™: 円1,192.80 vs. price of 円1,652.00 (38.5% above fair value)
GF Score™: 86/100 with 3 warning signs
Industry Position: 68.4% above the Business Services median

No single metric tells the full story. See the TSE:4658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Air Conditioning Services Co Business Description

Industry Industrials Business Services

Comparable Companies TSE:2749 TSE:9743 TSE:9632 TSE:9338 TSE:7914 TSE:9324 TSE:7921 TSE:7318 TSE:471A TSE:4659 CTAS LSE:REL TSX:TRI CPRT TSX:RBA ULS GPN ASX:BXB ARMK XAMS:WKL

Address Nagoya Terugaoka No. 239, Meito-ku, Aichi, Nagoya, JPN, 465-0042

Website http://www.nikku.co.jp

Nippon Air Conditioning Services Co Ltd provides maintenance of building facilities, and equipment diagnosis and environment diagnosis.

86GF Score

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

円1,652.00

Price

円1,192.80

GF Value

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