NCD Co (TSE:4783) ROCE %: 30.66% (As of Mar. 2026)

What is NCD Co ROCE %?

NCD Co TSE:4783 +0.53% 90 ROCE % is 30.66% as of Mar. 2026. GuruFocus rates TSE:4783 with a GF Score™ of 90/100 and a GF Value™ of 円2,409.58 (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. NCD Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 30.66%.

NCD Co (TSE:4783) 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.

NCD Co ROCE % Related Terms

NCD Co ROCE % Historical Data

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The historical data trend for NCD 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.

NCD Co ROCE % Chart

NCD Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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11.29

13.74

25.49

29.55

25.76

NCD 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															27.98	31.24	28.34	20.62	30.66

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NCD Co Ltd TSE:4783

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

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NCD Co ROCE % Calculation

NCD 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 )
	=	2747.094	/	( ( (16095.806 - 5741.42)	+	(16886.547 - 5910.955) )	/ 2 )
	=	2747.094	/	( (10354.386	+	10975.592)	/ 2 )
	=	2747.094	/	10664.989
	=	25.76 %

NCD 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 )
	=	3323.67	/	( ( (15885.865 - 5183.622)	+	(16886.547 - 5910.955) )	/ 2 )
	=	3323.67	/	( ( 10702.243	+	10975.592 )	/ 2 )
	=	3323.67	/	10838.9175
	=	30.66 %

(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 30.66% mean?

NCD Co (TSE:4783) has a ROCE % of 30.66% as of Mar. 2026.

Is NCD Co's ROCE % too high?

NCD Co's current ROCE % is 30.66%. The Software industry median ROCE % is 5.16. NCD Co's value of 30.66% is 494.2% above this industry median. Overall, NCD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does NCD Co's ROCE % compare to IBM and ACN?

NCD Co's ROCE % of 30.66% can be compared against companies in the Software industry. The industry median ROCE % is 5.16. NCD Co's value of 30.66% is 494.2% 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 Software company?

The median ROCE % among Software companies is 5.16, based on 2,711 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. NCD Co's current ROCE % of 30.66% is 494.2% 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 Software industry, the median ROCE % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCD Co's current ROCE % is 30.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NCD Co stock overvalued right now?

Based on GuruFocus' analysis, NCD Co (TSE:4783) is currently considered Fairly Valued. The stock's GF Value™ is 円2,409.58, compared to a current price of 円2,478.00 — trading 2.8% above its estimated fair value. The current ROCE % is 30.66% and 494.2% above the Software industry median of 5.16. NCD Co's overall GF Score™ is 90/100 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 NCD Co (TSE:4783), the current ROCE % is 30.66% 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 NCD Co (TSE:4783) Overvalued in 2026?

Based on GuruFocus' analysis, NCD Co stock appears to be overvalued. The current stock price of 円2,478.00 is trading 2.8% above its estimated GF Value™ of 円2,409.58. GuruFocus considers NCD Co to be Fairly Valued.

Key valuation signals for TSE:4783:

ROCE %: 30.66%
GF Value™: 円2,409.58 vs. price of 円2,478.00 (2.8% above fair value)
GF Score™: 90/100 with 1 warning sign
Industry Position: 494.2% above the Software median

No single metric tells the full story. See the TSE:4783 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NCD Co Business Description

Industry Technology Software

Comparable Companies TSE:6050 TSE:4396 TSE:3968 TSE:9709 TSE:4498 TSE:4053 TSE:9408 TSE:3565 TSE:3788 TSE:3837 IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS

Address 4-32-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

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

NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.

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

円2,478.00

Price

円2,409.58

GF Value

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