Nireco (TSE:6863) ROCE %: 13.49% (As of Mar. 2026)


TSE:6863 Nireco Corp TSE:6863
86 GF Score
Price 円2,726.00
GF Value 円1,855.48
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nireco ROCE %?

Nireco TSE:6863 -0.73% 86 ROCE % is 13.49% as of Mar. 2026. GuruFocus rates TSE:6863 with a GF Score™ of 86/100 and a GF Value™ of 円1,855.48 (Significantly Overvalued). The stock has 6 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. Nireco's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.49%.

Nireco  (TSE:6863) 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.

Nireco ROCE % Related Terms

Nireco ROCE % Historical Data

* Premium members only.

The historical data trend for Nireco'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.

Nireco ROCE % Chart

Nireco 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 4.61 8.48 9.27 12.23 10.99

Nireco 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 11.19 10.26 14.55 8.72 13.49
TSE:6863
86GF Score
Nireco Corp TSE:6863
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nireco ROCE % Calculation

Nireco'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 )
=1965.771/( ( (19352.917 - 1953.354) + (20588.218 - 2224.156) )/ 2 )
=1965.771/( (17399.563+18364.062)/ 2 )
=1965.771/17881.8125
=10.99 %

Nireco'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 )
=2412.866/( ( (18940.673 - 1525.278) + (20588.218 - 2224.156) )/ 2 )
=2412.866/( ( 17415.395 + 18364.062 )/ 2 )
=2412.866/17889.7285
=13.49 %

(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 13.49% mean?
Nireco (TSE:6863) has a ROCE % of 13.49% as of Mar. 2026.
Is Nireco's ROCE % too high?
Nireco's current ROCE % is 13.49%. The Hardware industry median ROCE % is 5.86. Nireco's value of 13.49% is 130.2% above this industry median. Overall, Nireco has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's ROCE % compare to COHR and KEYS?
Nireco's ROCE % of 13.49% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.86. Nireco's value of 13.49% is 130.2% 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 Hardware company?
The median ROCE % among Hardware companies is 5.86, based on 2,445 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. Nireco's current ROCE % of 13.49% is 130.2% 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 Hardware industry, the median ROCE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current ROCE % is 13.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,855.48, compared to a current price of 円2,726.00 — trading 46.9% above its estimated fair value. The current ROCE % is 13.49% and 130.2% above the Hardware industry median of 5.86. Nireco's overall GF Score™ is 86/100 with 6 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 Nireco (TSE:6863), the current ROCE % is 13.49% 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 Nireco (TSE:6863) Overvalued in 2026?

Based on GuruFocus' analysis, Nireco stock appears to be overvalued. The current stock price of 円2,726.00 is trading 46.9% above its estimated GF Value™ of 円1,855.48. GuruFocus considers Nireco to be Significantly Overvalued.

Key valuation signals for TSE:6863:

  • ROCE %: 13.49%
  • GF Value™: 円1,855.48 vs. price of 円2,726.00 (46.9% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 130.2% above the Hardware median

No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nireco Business Description

Address 2951-4 Ishikawacho, Hachioji, Tokyo, JPN
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
86GF Score

Get the complete analysis for TSE:6863

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

円2,726.00
Price
円1,855.48
GF Value