Fujibo Holdings (TSE:3104) ROIC %: 12.26% (As of Mar. 2026)


TSE:3104 Fujibo Holdings Inc TSE:3104
74 GF Score
Price 円4,365.00
GF Value 円2,098.80
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Fujibo Holdings ROIC %?

Fujibo Holdings TSE:3104 +2.71% 74 ROIC % is 12.26% as of Mar. 2026. GuruFocus rates TSE:3104 with a GF Score™ of 74/100 and a GF Value™ of 円2,098.80 (Significantly Overvalued). The stock has 2 warning signs 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 %. Fujibo Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 12.26%.

As of today (2026-07-02), Fujibo Holdings's WACC % is 5.64%. Fujibo Holdings's ROIC % is 10.90% (calculated using TTM income statement data). Fujibo Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Fujibo Holdings  (TSE:3104) 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, Fujibo Holdings's WACC % is 5.64%. Fujibo Holdings's ROIC % is 10.90% (calculated using TTM income statement data). Fujibo Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Fujibo Holdings ROIC % Related Terms


Fujibo Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Fujibo Holdings'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.

Fujibo Holdings ROIC % Chart

Fujibo Holdings 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 9.73 7.19 3.75 8.61 10.99

Fujibo Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 10.76 9.24 11.45 12.26

Fujibo Holdings ROIC % Competitor Comparison

For the Textile Manufacturing subindustry, Fujibo Holdings'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.


Fujibo Holdings ROIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujibo Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Fujibo Holdings's ROIC % falls into.


TSE:3104
74GF Score
Fujibo Holdings Inc TSE:3104
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujibo Holdings ROIC % Calculation

Fujibo Holdings'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 )
=8146 * ( 1 - 26.4% )/( (51908 + 57248)/ 2 )
=5995.456/54578
=10.99 %

where

Fujibo Holdings'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 )
=8496 * ( 1 - 17.53% )/( (57045 + 57248)/ 2 )
=7006.6512/57146.5
=12.26 %

where

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 12.26% mean?
Fujibo Holdings (TSE:3104) has a ROIC % of 12.26% 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 Fujibo Holdings and its competitors.
Is Fujibo Holdings' ROIC % too high?
Fujibo Holdings' current ROIC % is 12.26%. The Manufacturing - Apparel & Accessories industry median ROIC % is 2.91. Fujibo Holdings' value of 12.26% is 321.3% above this industry median. Overall, Fujibo Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujibo Holdings' ROIC % compare to competitors?
Fujibo Holdings' ROIC % of 12.26% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 2.91. Fujibo Holdings' value of 12.26% is 321.3% 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 ROIC % for a Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,045 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. Fujibo Holdings's current ROIC % of 12.26% is 321.3% 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 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 Fujibo Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujibo Holdings's current ROIC % is 12.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujibo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fujibo Holdings (TSE:3104) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,098.80, compared to a current price of 円4,365.00 — trading 108% above its estimated fair value. The current ROIC % is 12.26% and 321.3% above the Manufacturing - Apparel & Accessories industry median of 2.91. Fujibo Holdings' overall GF Score™ is 74/100 with 2 warning signs 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 Fujibo Holdings (TSE:3104), the current ROIC % is 12.26% 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 Fujibo Holdings (TSE:3104) Overvalued in 2026?

Based on GuruFocus' analysis, Fujibo Holdings stock appears to be overvalued. The current stock price of 円4,365.00 is trading 108% above its estimated GF Value™ of 円2,098.80. GuruFocus considers Fujibo Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3104:

  • ROIC %: 12.26%
  • GF Value™: 円2,098.80 vs. price of 円4,365.00 (108% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 321.3% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the TSE:3104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujibo Holdings Business Description

Address 1-18-12, Ningyo-cho Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0013
Fujibo Holdings Inc is a Japan-based abrasive product manufacturing company. It operates in four business divisions. Polishing pad business offers precision polishing of silicon wafers and all types of semiconductor materials, metal, and glass. Chemical industrial business is engaged in the production of raw materials for medicines, agricultural chemicals, electronic materials, and functional chemicals. The textile business manufactures special and functional synthetic fibers, including fibers with adhesive properties, luminous fibers, thermochromic yarn, and photochromic Yarn. Other businesses include the export of vehicles and automotive components, manufacturing, and sale of chemical products, and refining of used solvents.
74GF Score

Get the complete analysis for TSE:3104

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

円4,365.00
Price
円2,098.80
GF Value