NKOKF (Noritsu Koki Co) ROE %: 9.79% (As of Mar. 2026) — 59% Above Median


NKOKF Noritsu Koki Co Ltd NKOKF
94 GF Score
Price $12.45
GF Value $12.11
Valuation Fairly Valued
! 3 Warning Signs
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What is Noritsu Koki Co ROE %?

Noritsu Koki Co NKOKF 94 ROE % is 9.79% as of Mar. 2026, which is 59% above its 10-year median of 6.17. GuruFocus rates NKOKF with a GF Score™ of 94/100 and a GF Value™ of $12.11 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,423 Hardware companies, Noritsu Koki Co ranks better than 64.42% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Noritsu Koki Co's annualized net income for the quarter that ended in Mar. 2026 was $142.3 Mil. Noritsu Koki Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,452.8 Mil. Therefore, Noritsu Koki Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.79%.

The historical rank and industry rank for Noritsu Koki Co's ROE % or its related term are showing as below:

NKOKF' s ROE % Range Over the Past 10 Years
Min: -5.43   Med: 6.17   Max: 66.91
Current: 8.32

During the past 13 years, Noritsu Koki Co's highest ROE % was 66.91%. The lowest was -5.43%. And the median was 6.17%.

NKOKF's ROE % is ranked better than
64.42% of 2423 companies
in the Hardware industry
Industry Median: 4.61 vs NKOKF: 8.32

Noritsu Koki Co  (OTCPK:NKOKF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=142.296/1452.785
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(142.296 / 1016.344)*(1016.344 / 2113.7885)*(2113.7885 / 1452.785)
=Net Margin %*Asset Turnover*Equity Multiplier
=14 %*0.4808*1.455
=ROA %*Equity Multiplier
=6.73 %*1.455
=9.79 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=142.296/1452.785
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (142.296 / 215.476) * (215.476 / 212.524) * (212.524 / 1016.344) * (1016.344 / 2113.7885) * (2113.7885 / 1452.785)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6604 * 1.0139 * 20.91 % * 0.4808 * 1.455
=9.79 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Noritsu Koki Co ROE % Related Terms


Noritsu Koki Co ROE % Historical Data

* Premium members only.

The historical data trend for Noritsu Koki Co's ROE % 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.

Noritsu Koki Co ROE % Chart

Noritsu Koki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 62.66 4.96 7.30 6.89

Noritsu Koki Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 5.26 8.39 10.91 3.99 9.79

NKOKF vs AAPL: ROE % Comparison

For the Consumer Electronics subindustry, Noritsu Koki Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noritsu Koki Co ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's ROE % distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's ROE % falls into.


NKOKF
94GF Score
Noritsu Koki Co Ltd NKOKF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Noritsu Koki Co ROE % Calculation

Noritsu Koki Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=100.305/( (1444.898+1465.369)/ 2 )
=100.305/1455.1335
=6.89 %

Noritsu Koki Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=142.296/( (1465.369+1440.201)/ 2 )
=142.296/1452.785
=9.79 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.79% mean?
Noritsu Koki Co (NKOKF) has a ROE % of 9.79% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Noritsu Koki Co and its competitors. This is 59% above median its historical median of 6.17. According to the industry distribution chart, Noritsu Koki Co ranks #862 out of 2423 companies in the Hardware industry, placing it in the top 35.6%.
Is Noritsu Koki Co's ROE % too high?
Noritsu Koki Co's current ROE % of 9.79% is 59% above median its 10-year median of 6.17. The Hardware industry median ROE % is 4.61. Noritsu Koki Co's value of 9.79% is 112.4% above this industry median. Based on the distribution chart, Noritsu Koki Co ranks #862 out of 2423 companies in the Hardware industry, which is above the industry midpoint. Overall, Noritsu Koki Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noritsu Koki Co's ROE % compare to AAPL?
According to the Hardware industry distribution chart, Noritsu Koki Co ranks #862 out of 2423 companies for ROE %. This puts Noritsu Koki Co in the upper half of its industry. The industry median ROE % is 4.61. Noritsu Koki Co's value of 9.79% is 112.4% above this benchmark. While the company's 10-year median is 6.17 vs. the industry median of 4.61, Noritsu Koki Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noritsu Koki Co's current ROE % of 9.79% is 112.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Noritsu Koki Co and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritsu Koki Co's current ROE % is 9.79%, which is 59% above median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritsu Koki Co stock overvalued right now?
Based on GuruFocus' analysis, Noritsu Koki Co (NKOKF) is currently considered Fairly Valued. The stock's GF Value™ is $12.11, compared to a current price of $12.45 — trading 2.8% above its estimated fair value. The current ROE % is 9.79%, which is 59% above median its 10-year median of 6.17 and 112.4% above the Hardware industry median of 4.61. Noritsu Koki Co's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Noritsu Koki Co (NKOKF), the current ROE % is 9.79% 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 Noritsu Koki Co (NKOKF) Overvalued in 2026?

Based on GuruFocus' analysis, Noritsu Koki Co stock appears to be overvalued. The current stock price of $12.45 is trading 2.8% above its estimated GF Value™ of $12.11. GuruFocus considers Noritsu Koki Co to be Fairly Valued.

Key valuation signals for NKOKF:

  • ROE %: 9.79% (59% above median its 10-year median of 6.17)
  • GF Value™: $12.11 vs. price of $12.45 (2.8% above fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 112.4% above the Hardware median (#862 of 2423)

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


Noritsu Koki Co Business Description

Other Exchanges 7744:Japan
Address Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company engaged in the development of the Automatic Photographic Paper Washing Machine. The company has developed and manufactured various photographic processing equipment and expanded its business globally. The Group mainly engages in manufacturing (parts and materials) and manufacturing (audioequipment-related) businesses utilizing globally competitive technologies. The company has two operating segments, which include Manufacturing (parts and materials) and Manufacturing (Audio Equipment Related).
94GF Score

Get the complete analysis for NKOKF

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

$12.45
Price
$12.11
GF Value