ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Japan Infrastructure Fund Investment's annualized return on invested capital (ROIC %) for the quarter that ended in Nov. 2025 was 2.35%.
As of today (2026-07-08), Japan Infrastructure Fund Investment's WACC % is 4.43%. Japan Infrastructure Fund Investment's ROIC % is 2.22% (calculated using TTM income statement data).
Japan Infrastructure Fund Investment earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Japan Infrastructure Fund Investment (TSE:9287) 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, Japan Infrastructure Fund Investment's WACC % is 4.43%. Japan Infrastructure Fund Investment's ROIC % is 2.22% (calculated using TTM income statement data).
Japan Infrastructure Fund Investment 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.
Japan Infrastructure Fund Investment ROIC % Related Terms
Japan Infrastructure Fund Investment ROIC % Historical 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.
Japan Infrastructure Fund Investment ROIC % Chart
Japan Infrastructure Fund Investment Annual Data
Trend
Nov21
Nov22
Nov23
Nov24
Nov25
ROIC %
2.38
2.91
2.98
2.80
2.25
Japan Infrastructure Fund Investment Semi-Annual Data
Japan Infrastructure Fund Investment ROIC % Competitor Comparison
For the Utilities - Renewable subindustry, Japan Infrastructure Fund Investment'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.
Japan Infrastructure Fund Investment ROIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Japan Infrastructure Fund Investment's ROIC % distribution charts can be found below:
* The bar in red indicates where Japan Infrastructure Fund Investment's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Nov. 2025) 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.
Japan Infrastructure Fund Investment (TSE:9287) has a ROIC % of 2.35% as of Nov. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Japan Infrastructure Fund Investment and its competitors.
Is Japan Infrastructure Fund Investment's ROIC % too high?
Japan Infrastructure Fund Investment's current ROIC % is 2.35%. The Utilities - Independent Power Producers industry median ROIC % is 2.29. Japan Infrastructure Fund Investment's value of 2.35% is 2.6% above this industry median. Overall, Japan Infrastructure Fund Investment has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Japan Infrastructure Fund Investment's ROIC % compare to competitors?
Japan Infrastructure Fund Investment's ROIC % of 2.35% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.29. Japan Infrastructure Fund Investment's value of 2.35% is 2.6% 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 an Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.29, based on 428 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. Japan Infrastructure Fund Investment's current ROIC % of 2.35% is 2.6% 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 Japan Infrastructure Fund Investment and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Infrastructure Fund Investment's current ROIC % is 2.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Infrastructure Fund Investment stock overvalued right now?
Japan Infrastructure Fund Investment (TSE:9287) has a current ROIC % of 2.35%. The stock's GF Value™ is 円81,843.87, compared to a current price of 円66,700.00 — trading 18.5% below its estimated fair value. The current ROIC % is 2.35% and 2.6% above the Utilities - Independent Power Producers industry median of 2.29. Japan Infrastructure Fund Investment's overall GF Score™ is 34/100 with 10 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 Japan Infrastructure Fund Investment (TSE:9287), the current ROIC % is 2.35% as of Nov. 2025. 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 Japan Infrastructure Fund Investment (TSE:9287) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Infrastructure Fund Investment stock appears to be undervalued.
The current stock price of 円66,700.00 is trading 18.5% below its estimated GF Value™ of 円81,843.87.
Key valuation signals for TSE:9287:
ROIC %: 2.35%
GF Value™: 円81,843.87 vs. price of 円66,700.00 (18.5% below fair value)
Industry Position: 2.6% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the TSE:9287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Infrastructure Fund Investment Business Description
Japan Infrastructure Fund Investment Corp engages in the provision of investment management services. It focuses its investments on solar power generation facilities.
34GF Score
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