Nichidai (TSE:6467) ROCE %: -9.32% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6467 Nichidai Corp TSE:6467
60 GF Score
Price 円330.00
GF Value 円346.76
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nichidai ROCE %?

Nichidai TSE:6467 +0.30% 60 ROCE % is -9.32% as of Mar. 2026. GuruFocus rates TSE:6467 with a GF Score™ of 60/100 and a GF Value™ of 円346.76 (Fairly Valued). 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. Nichidai's annualized ROCE % for the quarter that ended in Mar. 2026 was -9.32%.

Nichidai  (TSE:6467) 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.

Nichidai ROCE % Related Terms

Nichidai ROCE % Historical Data

* Premium members only.

The historical data trend for Nichidai'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.

Nichidai ROCE % Chart

Nichidai 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 -3.78 -2.71 0.64 1.39 -6.59

Nichidai 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 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 3.18 1.68 1.10 -4.17 -9.32
TSE:6467
60GF Score
Nichidai Corp TSE:6467
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichidai ROCE % Calculation

Nichidai'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 )
=-751.943/( ( (15173.669 - 3501.554) + (13982.503 - 2850.542) )/ 2 )
=-751.943/( (11672.115+11131.961)/ 2 )
=-751.943/11402.038
=-6.59 %

Nichidai'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 )
=-1031.136/( ( (13858.561 - 2870.146) + (13982.503 - 2850.542) )/ 2 )
=-1031.136/( ( 10988.415 + 11131.961 )/ 2 )
=-1031.136/11060.188
=-9.32 %

(1) Note: The EBIT data used here is two times the semi-annual (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 -9.32% mean?
Nichidai (TSE:6467) has a ROCE % of -9.32% as of Mar. 2026.
Is Nichidai's ROCE % too high?
Nichidai's current ROCE % is -9.32%. Overall, Nichidai has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nichidai's ROCE % compare to GEV and ETN?
Nichidai's ROCE % of -9.32% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.00, based on 3,029 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. 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 Industrial Products industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichidai's current ROCE % is -9.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichidai stock overvalued right now?
Based on GuruFocus' analysis, Nichidai (TSE:6467) is currently considered Fairly Valued. The stock's GF Value™ is 円346.76, compared to a current price of 円330.00 — trading 4.8% below its estimated fair value. The current ROCE % is -9.32%. Nichidai's overall GF Score™ is 60/100 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 Nichidai (TSE:6467), the current ROCE % is -9.32% 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 Nichidai (TSE:6467) Overvalued in 2026?

Based on GuruFocus' analysis, Nichidai stock appears to be undervalued. The current stock price of 円330.00 is trading 4.8% below its estimated GF Value™ of 円346.76. GuruFocus considers Nichidai to be Fairly Valued.

Key valuation signals for TSE:6467:

  • ROCE %: -9.32%
  • GF Value™: 円346.76 vs. price of 円330.00 (4.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the TSE:6467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nichidai Business Description

Address 13 Kitamachida, Takigi, Kyotanabe, Kyoto, JPN, 610-0341
Nichidai Corp is engaged in the manufacturing and sale of precision-forged dies, filtering equipment, and metal filtering materials, sintered metals, and precision components.
60GF Score

Get the complete analysis for TSE:6467

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

円330.00
Price
円346.76
GF Value