Nareru Group (TSE:9163) ROCE %: 15.40% (As of Apr. 2026)


TSE:9163 Nareru Group Inc TSE:9163
37 GF Score
Price 円2,251.00
GF Value 円2,923.72
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nareru Group ROCE %?

Nareru Group TSE:9163 +0.09% 37 ROCE % is 15.40% as of Apr. 2026. GuruFocus rates TSE:9163 with a GF Score™ of 37/100 and a GF Value™ of 円2,923.72 (Modestly Undervalued). 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. Nareru Group's annualized ROCE % for the quarter that ended in Apr. 2026 was 15.40%.

Nareru Group  (TSE:9163) 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.

Nareru Group ROCE % Related Terms

Nareru Group ROCE % Historical Data

* Premium members only.

The historical data trend for Nareru Group'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.

Nareru Group ROCE % Chart

Nareru Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial 11.24 13.17 16.38 18.68 16.30

Nareru Group Semi-Annual Data
Oct20 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.49 21.39 17.93 14.87 15.40
TSE:9163
37GF Score
Nareru Group Inc TSE:9163
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nareru Group ROCE % Calculation

Nareru Group's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=2834.006/( ( (23617.471 - 6516.941) + (24562.104 - 6896.983) )/ 2 )
=2834.006/( (17100.53+17665.121)/ 2 )
=2834.006/17382.8255
=16.30 %

Nareru Group's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=2718.934/( ( (24562.104 - 6896.983) + (24366.2 - 6712.375) )/ 2 )
=2718.934/( ( 17665.121 + 17653.825 )/ 2 )
=2718.934/17659.473
=15.40 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 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 15.40% mean?
Nareru Group (TSE:9163) has a ROCE % of 15.40% as of Apr. 2026.
Is Nareru Group's ROCE % too high?
Nareru Group's current ROCE % is 15.40%. The Construction industry median ROCE % is 8.22. Nareru Group's value of 15.40% is 87.3% above this industry median. Overall, Nareru Group has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's ROCE % compare to PWR and FIX?
Nareru Group's ROCE % of 15.40% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Nareru Group's value of 15.40% is 87.3% 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 8.22, based on 1,748 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. Nareru Group's current ROCE % of 15.40% is 87.3% 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 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nareru Group's current ROCE % is 15.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,923.72, compared to a current price of 円2,251.00 — trading 23% below its estimated fair value. The current ROCE % is 15.40% and 87.3% above the Construction industry median of 8.22. Nareru Group's overall GF Score™ is 37/100 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 Nareru Group (TSE:9163), the current ROCE % is 15.40% as of Apr. 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 Nareru Group (TSE:9163) Overvalued in 2026?

Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued. The current stock price of 円2,251.00 is trading 23% below its estimated GF Value™ of 円2,923.72. GuruFocus considers Nareru Group to be Modestly Undervalued.

Key valuation signals for TSE:9163:

  • ROCE %: 15.40%
  • GF Value™: 円2,923.72 vs. price of 円2,251.00 (23% below fair value)
  • GF Score™: 37/100 with 1 warning sign
  • Industry Position: 87.3% above the Construction median

No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nareru Group Business Description

Address 3-5 Nibancho, 3rd Floor, Kojimachi Mitsuha Building, Chiyoda-ku, Tokyo, JPN, 102-0084
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
37GF Score

Get the complete analysis for TSE:9163

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

円2,251.00
Price
円2,923.72
GF Value