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Seiko GroupFRA:89M -2.59%32 10-Year ROIIC % is 23.39 as of Mar. 2026. GuruFocus rates FRA:89M with a GF Score™ of 32/100 and a GF Value™ of €13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 938 Manufacturing - Apparel & Accessories companies, Seiko Group ranks better than 82.84% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Seiko Group's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 23.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Seiko Group's 10-Year ROIIC % or its related term are showing as below:
FRA:89M's 10-Year ROIIC % is ranked better than 82.84% of 938
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.085
vs FRA:89M: 23.39
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Seiko Group 10-Year ROIIC % Related Terms
Seiko Group 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Seiko Group's 10-Year ROIIC % 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.
FRA:89M vs NKE, DECK, ONON: 10-Year ROIIC % Comparison
For the Footwear & Accessories subindustry, Seiko Group's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
Seiko Group 10-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Seiko Group's 10-Year ROIIC % falls into.
Seiko Group's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 116.8156418 (Mar. 2026) - 105.813 (Mar. 2016) )
/
( 1648.53 (Mar. 2026) - 2128.633 (Mar. 2016) )
=
11.0026418
/
-480.103
=
-2.29%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Seiko Group (FRA:89M) has a 10-Year ROIIC % of 23.39 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Seiko Group and its competitors. According to the industry distribution chart, Seiko Group ranks #161 out of 938 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.2%.
Is Seiko Group's 10-Year ROIIC % too high?
Seiko Group's current 10-Year ROIIC % is 23.39. The Manufacturing - Apparel & Accessories industry median 10-Year ROIIC % is 3.09. Seiko Group's value of 23.39 is 658.2% above this industry median. Based on the distribution chart, Seiko Group ranks #161 out of 938 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Seiko Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Group's 10-Year ROIIC % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Seiko Group ranks #161 out of 938 companies for 10-Year ROIIC %. This places Seiko Group in the top 17% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.09. Seiko Group's value of 23.39 is 658.2% 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 10-Year ROIIC % for a Manufacturing - Apparel & Accessories company?
The median 10-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 3.09, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seiko Group's current 10-Year ROIIC % of 23.39 is 658.2% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Seiko Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 10-Year ROIIC % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Group's current 10-Year ROIIC % is 23.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Group stock overvalued right now?
Based on GuruFocus' analysis, Seiko Group (FRA:89M) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.79, compared to a current price of €56.50 — trading 309.7% above its estimated fair value. The current 10-Year ROIIC % is 23.39 and 658.2% above the Manufacturing - Apparel & Accessories industry median of 3.09. Seiko Group's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Seiko Group (FRA:89M), the current 10-Year ROIIC % is 23.39 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 Seiko Group (FRA:89M) Overvalued in 2026?
Based on GuruFocus' analysis, Seiko Group stock appears to be overvalued.
The current stock price of €56.50 is trading 309.7% above its estimated GF Value™ of €13.79.
GuruFocus considers Seiko Group to be Significantly Overvalued.
Key valuation signals for FRA:89M:
10-Year ROIIC %: 23.39
GF Value™: €13.79 vs. price of €56.50 (309.7% above fair value)
Industry Position: 658.2% above the Manufacturing - Apparel & Accessories median (#161 of 938)
No single metric tells the full story. See the FRA:89M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
32GF Score
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