ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Mie Kotsu Group Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 0.72%.
As of today (2026-07-06), Mie Kotsu Group Holdings's WACC % is 1.87%. Mie Kotsu Group Holdings's ROIC % is 3.62% (calculated using TTM income statement data).
Mie Kotsu Group 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.
Mie Kotsu Group Holdings (TSE:3232) 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, Mie Kotsu Group Holdings's WACC % is 1.87%. Mie Kotsu Group Holdings's ROIC % is 3.62% (calculated using TTM income statement data).
Mie Kotsu Group 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.
* 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.
For the Conglomerates subindustry, Mie Kotsu Group 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.
Mie Kotsu Group Holdings ROIC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's ROIC % distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings's ROIC % falls into.
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.
Mie Kotsu Group Holdings (TSE:3232) has a ROIC % of 0.72% 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 Mie Kotsu Group Holdings and its competitors.
Is Mie Kotsu Group Holdings' ROIC % too high?
Mie Kotsu Group Holdings' current ROIC % is 0.72%. The Conglomerates industry median ROIC % is 2.79. Mie Kotsu Group Holdings' value of 0.72% is 74.2% below this industry median. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' ROIC % compare to HON and MMM?
Mie Kotsu Group Holdings' ROIC % of 0.72% can be compared against companies in the Conglomerates industry. The industry median ROIC % is 2.79. Mie Kotsu Group Holdings' value of 0.72% is 74.2% below 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 2.79, based on 555 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. Mie Kotsu Group Holdings's current ROIC % of 0.72% is 74.2% below 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median ROIC % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current ROIC % is 0.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円591.89, compared to a current price of 円548.00 — trading 7.4% below its estimated fair value. The current ROIC % is 0.72% and 74.2% below the Conglomerates industry median of 2.79. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 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 Mie Kotsu Group Holdings (TSE:3232), the current ROIC % is 0.72% 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円548.00 is trading 7.4% below its estimated GF Value™ of 円591.89.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
ROIC %: 0.72%
GF Value™: 円591.89 vs. price of 円548.00 (7.4% below fair value)
Industry Position: 74.2% below the Conglomerates median
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score
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