DNPCF (Dai Nippon Printing Co) ROIC %: 4.39% (As of Mar. 2026)


DNPCF Dai Nippon Printing Co Ltd DNPCF
71 GF Score
Price $15.40
GF Value $15.45
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Dai Nippon Printing Co ROIC %?

Dai Nippon Printing Co DNPCF 71 ROIC % is 4.39% as of Mar. 2026. GuruFocus rates DNPCF with a GF Score™ of 71/100 and a GF Value™ of $15.45 (Fairly Valued). The stock has 1 warning sign investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Dai Nippon Printing Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.39%.

As of today (2026-06-24), Dai Nippon Printing Co's WACC % is 4.86%. Dai Nippon Printing Co's ROIC % is 4.82% (calculated using TTM income statement data). Dai Nippon Printing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Dai Nippon Printing Co  (OTCPK:DNPCF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Dai Nippon Printing Co's WACC % is 4.86%. Dai Nippon Printing Co's ROIC % is 4.82% (calculated using TTM income statement data). Dai Nippon Printing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Dai Nippon Printing Co ROIC % Related Terms


Dai Nippon Printing Co ROIC % Historical Data

* Premium members only.

The historical data trend for Dai Nippon Printing Co's ROIC % 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.

Dai Nippon Printing Co ROIC % Chart

Dai Nippon Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 3.25 3.96 4.39 4.60

Dai Nippon Printing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 0.00 4.74 4.50 5.40 4.39

DNPCF vs HON, MMM: ROIC % Comparison

For the Conglomerates subindustry, Dai Nippon Printing Co's ROIC %, along with its competitors' market caps and ROIC % 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.


Dai Nippon Printing Co ROIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Dai Nippon Printing Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Dai Nippon Printing Co's ROIC % falls into.


DNPCF
71GF Score
Dai Nippon Printing Co Ltd DNPCF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dai Nippon Printing Co ROIC % Calculation

Dai Nippon Printing Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=636.736 * ( 1 - 31.37% )/( (9354.86 + 9660.398)/ 2 )
=436.9919168/9507.629
=4.60 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12866.422 - 1800.847 - ( 1710.715 - max(0, 2923.568 - 5532.707+1710.715))
=9354.86

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12818.726 - 1279.516 - ( 1878.812 - max(0, 2395.844 - 5416.066+1878.812))
=9660.398

Dai Nippon Printing Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=622.88 * ( 1 - 32.4% )/( (9514.036 + 9660.398)/ 2 )
=421.06688/9587.217
=4.39 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12701.491 - 1450.637 - ( 1736.818 - max(0, 2459.141 - 5495.065+1736.818))
=9514.036

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12818.726 - 1279.516 - ( 1878.812 - max(0, 2395.844 - 5416.066+1878.812))
=9660.398

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 4.39% mean?
Dai Nippon Printing Co (DNPCF) has a ROIC % of 4.39% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Dai Nippon Printing Co and its competitors.
Is Dai Nippon Printing Co's ROIC % too high?
Dai Nippon Printing Co's current ROIC % is 4.39%. The Conglomerates industry median ROIC % is 2.82. Dai Nippon Printing Co's value of 4.39% is 55.7% above this industry median. Overall, Dai Nippon Printing Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dai Nippon Printing Co's ROIC % compare to HON and MMM?
Dai Nippon Printing Co's ROIC % of 4.39% can be compared against companies in the Conglomerates industry. The industry median ROIC % is 2.82. Dai Nippon Printing Co's value of 4.39% is 55.7% 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 ROIC % for a Conglomerates company?
The median ROIC % among Conglomerates companies is 2.82, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dai Nippon Printing Co's current ROIC % of 4.39% is 55.7% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Dai Nippon Printing Co and its competitors. For the Conglomerates industry, the median ROIC % is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dai Nippon Printing Co's current ROIC % is 4.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dai Nippon Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Dai Nippon Printing Co (DNPCF) is currently considered Fairly Valued. The stock's GF Value™ is $15.45, compared to a current price of $15.40 — trading 0.3% below its estimated fair value. The current ROIC % is 4.39% and 55.7% above the Conglomerates industry median of 2.82. Dai Nippon Printing Co's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Dai Nippon Printing Co (DNPCF), the current ROIC % is 4.39% 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 Dai Nippon Printing Co (DNPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Dai Nippon Printing Co stock appears to be undervalued. The current stock price of $15.40 is trading 0.3% below its estimated GF Value™ of $15.45. GuruFocus considers Dai Nippon Printing Co to be Fairly Valued.

Key valuation signals for DNPCF:

  • ROIC %: 4.39%
  • GF Value™: $15.45 vs. price of $15.40 (0.3% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 55.7% above the Conglomerates median

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


Dai Nippon Printing Co Business Description

Address 1-1-1 Ichigaya-Kagacho, Shinjuku-ku, Tokyo, JPN, 162-8001
Dai Nippon Printing Co Ltd operates in various business areas using its printing and information technologies. The company operates in the following segments: Life & Healthcare, Electronics, and Smart Communication. Its key revenue is derived from the Smart Communication segment, which includes the imaging communication business, focusing on photo printing, the Information Security business, providing business process outsourcing (BPO) and smart card services, and content & XR communication. The Life & Healthcare segment includes its mobility and industrial high-performance materials business, bulk pharmaceutical manufacturing and medical packaging, and the packaging, living spaces, and beverages businesses. Electronics focuses on functional films, display components, and others.
71GF Score

Get the complete analysis for DNPCF

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

$15.40
Price
$15.45
GF Value