Novac Co (TSE:5079) ROCE %: 8.56% (As of Oct. 2025)

What is Novac Co ROCE %?

Novac Co TSE:5079 +0.48% 56 ROCE % is 8.56% as of Oct. 2025. GuruFocus rates TSE:5079 with a GF Score™ of 56/100 and a GF Value™ of 円3,312.10 (Modestly Undervalued). The stock has 7 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. Novac Co's annualized ROCE % for the quarter that ended in Oct. 2025 was 8.56%.

Novac Co (TSE:5079) 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.

Novac Co ROCE % Related Terms

Novac Co ROCE % Historical Data

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The historical data trend for Novac 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.

Novac Co ROCE % Chart

Novac Co Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

Apr26

ROCE %

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19.37

16.48

3.51

5.02

9.24

Novac Co Quarterly Data
	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24	Apr25	Jul25	Oct25	Apr26
ROCE %	Get a 7-Day Free Trial													0.00	0.00	4.69	8.56	0.00

56GF Score

Novac Co Ltd TSE:5079

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

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Novac Co ROCE % Calculation

Novac Co's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2026 )		(A: Apr. 2025 )		(A: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2026 )		(A: Apr. 2025 )		(A: Apr. 2026 )
	=	1748.223	/	( ( (25956.392 - 7279.491)	+	(32136.095 - 12982.321) )	/ 2 )
	=	1748.223	/	( (18676.901	+	19153.774)	/ 2 )
	=	1748.223	/	18915.3375
	=	9.24 %

Novac Co's ROCE % of for the quarter that ended in Oct. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2025 )		(Q: Jul. 2025 )		(Q: Oct. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2025 )		(Q: Jul. 2025 )		(Q: Oct. 2025 )
	=	1593.34	/	( ( (25826.715 - 7338.782)	+	(32122.497 - 13386.514) )	/ 2 )
	=	1593.34	/	( ( 18487.933	+	18735.983 )	/ 2 )
	=	1593.34	/	18611.958
	=	8.56 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.56% mean?

Novac Co (TSE:5079) has a ROCE % of 8.56% as of Oct. 2025.

Is Novac Co's ROCE % too high?

Novac Co's current ROCE % is 8.56%. The Construction industry median ROCE % is 8.20. Novac Co's value of 8.56% is 4.4% above this industry median. Overall, Novac Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Novac Co's ROCE % compare to PWR and FIX?

Novac Co's ROCE % of 8.56% can be compared against companies in the Construction industry. The industry median ROCE % is 8.20. Novac Co's value of 8.56% is 4.4% 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 Construction company?

The median ROCE % among Construction companies is 8.20, based on 1,751 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. Novac Co's current ROCE % of 8.56% is 4.4% 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 Construction industry, the median ROCE % is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novac Co's current ROCE % is 8.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Novac Co stock overvalued right now?

Based on GuruFocus' analysis, Novac Co (TSE:5079) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,312.10, compared to a current price of 円2,508.00 — trading 24.3% below its estimated fair value. The current ROCE % is 8.56% and 4.4% above the Construction industry median of 8.20. Novac Co's overall GF Score™ is 56/100 with 7 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 Novac Co (TSE:5079), the current ROCE % is 8.56% as of Oct. 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 Novac Co (TSE:5079) Overvalued in 2026?

Based on GuruFocus' analysis, Novac Co stock appears to be undervalued. The current stock price of 円2,508.00 is trading 24.3% below its estimated GF Value™ of 円3,312.10. GuruFocus considers Novac Co to be Modestly Undervalued.

Key valuation signals for TSE:5079:

ROCE %: 8.56%
GF Value™: 円3,312.10 vs. price of 円2,508.00 (24.3% below fair value)
GF Score™: 56/100 with 7 warning signs
Industry Position: 4.4% above the Construction median

No single metric tells the full story. See the TSE:5079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Novac Co Business Description

Industry Industrials Construction

Comparable Companies TSE:1966 TSE:1434 TSE:1826 TSE:1914 TSE:1798 TSE:6091 TSE:1850 TSE:1450 TSE:9612 TSE:1807 PWR XPAR:DG FIX NSE:LT XKRX:028260 XAMS:FER XTER:HOT XMAD:ACS EME MTZ

Address 1-92 Hojo, Hyogo Prefecture, Himeji, JPN, 670-0947

Website https://www.novac-cnst.co.jp

Novac Co Ltd is engaged in civil engineering, building construction, and other related activities. Its reportable segments are the civil engineering business and the construction works business. Maximum revenue is generated from the construction works business, which mainly carries out construction works based on orders received for apartment buildings, schools, welfare facilities, government buildings, offices, and highway service areas. The civil engineering business mainly carries out social infrastructure construction works (road construction, river construction, water supply and sewerage construction, land development construction) ordered by public agencies.

56GF Score

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

円2,508.00

Price

円3,312.10

GF Value

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