Nikko Co (TSE:6306) ROCE %: 10.95% (As of Mar. 2026)

What is Nikko Co ROCE %?

Nikko Co TSE:6306 -0.11% 87 ROCE % is 10.95% as of Mar. 2026. GuruFocus rates TSE:6306 with a GF Score™ of 87/100 and a GF Value™ of 円830.90 (Modestly Overvalued). 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. Nikko Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.95%.

Nikko Co (TSE:6306) 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.

Nikko Co ROCE % Related Terms

Nikko Co ROCE % Historical Data

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The historical data trend for Nikko 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.

Nikko Co ROCE % Chart

Nikko Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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7.51

4.84

6.08

7.97

7.92

Nikko 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															8.76	7.48	8.46	4.73	10.95

87GF Score

Nikko Co Ltd TSE:6306

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

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Nikko Co ROCE % Calculation

Nikko 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 )
	=	3409	/	( ( (63725 - 21515)	+	(64443 - 20609) )	/ 2 )
	=	3409	/	( (42210	+	43834)	/ 2 )
	=	3409	/	43022
	=	7.92 %

Nikko 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 )
	=	4788	/	( ( (62795 - 19202)	+	(64443 - 20609) )	/ 2 )
	=	4788	/	( ( 43593	+	43834 )	/ 2 )
	=	4788	/	43713.5
	=	10.95 %

(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 10.95% mean?

Nikko Co (TSE:6306) has a ROCE % of 10.95% as of Mar. 2026.

Is Nikko Co's ROCE % too high?

Nikko Co's current ROCE % is 10.95%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.22. Nikko Co's value of 10.95% is 18.8% above this industry median. Overall, Nikko Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nikko Co's ROCE % compare to CAT and DE?

Nikko Co's ROCE % of 10.95% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.22. Nikko Co's value of 10.95% is 18.8% 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 Farm & Heavy Construction Machinery company?

The median ROCE % among Farm & Heavy Construction Machinery companies is 9.22, based on 205 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. Nikko Co's current ROCE % of 10.95% is 18.8% 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current ROCE % is 10.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nikko Co stock overvalued right now?

Based on GuruFocus' analysis, Nikko Co (TSE:6306) is currently considered Modestly Overvalued. The stock's GF Value™ is 円830.90, compared to a current price of 円951.00 — trading 14.5% above its estimated fair value. The current ROCE % is 10.95% and 18.8% above the Farm & Heavy Construction Machinery industry median of 9.22. Nikko Co's overall GF Score™ is 87/100 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 Nikko Co (TSE:6306), the current ROCE % is 10.95% 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 Nikko Co (TSE:6306) Overvalued in 2026?

Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued. The current stock price of 円951.00 is trading 14.5% above its estimated GF Value™ of 円830.90. GuruFocus considers Nikko Co to be Modestly Overvalued.

Key valuation signals for TSE:6306:

ROCE %: 10.95%
GF Value™: 円830.90 vs. price of 円951.00 (14.5% above fair value)
GF Score™: 87/100 with 7 warning signs
Industry Position: 18.8% above the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the TSE:6306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nikko Co Business Description

Industry Industrials Farm & Heavy Construction Machinery

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Address 1013 Eijima, Okubo-cho, Hyogo, Akashi, JPN, 674-8585

Website http://www.nikko-net.co.jp

Nikko Co Ltd manufactures and sells asphalt and concrete equipment in Japan. The products of the company are used in the construction industry.

87GF Score

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

円951.00

Price

円830.90

GF Value

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