NICFF (Nichias) 10-Year ROIIC % : 19.31% (As of Mar. 2026)

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NICFF Nichias Corp NICFF
70 GF Score
Price $22.13
GF Value $11.82
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nichias 10-Year ROIIC %?

Nichias NICFF 70 10-Year ROIIC % is 19.31 as of Mar. 2026. GuruFocus rates NICFF with a GF Score™ of 70/100 and a GF Value™ of $11.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 501 Conglomerates companies, Nichias ranks better than 87.23% 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. Nichias's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 19.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nichias's 10-Year ROIIC % or its related term are showing as below:

NICFF's 10-Year ROIIC % is ranked better than
87.23% of 501 companies
in the Conglomerates industry
Industry Median: 2.56 vs NICFF: 19.31

Nichias  (OTCPK:NICFF) 10-Year ROIIC % Explanation

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.


Nichias 10-Year ROIIC % Related Terms


Nichias 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Nichias'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.

Nichias 10-Year ROIIC % Chart

Nichias Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.46 17.11 18.25 23.92 19.31

Nichias Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
10-Year ROIIC % 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 23.92 0.00 0.00 0.00 19.31

NICFF vs HON, MMM: 10-Year ROIIC % Comparison

For the Conglomerates subindustry, Nichias'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.


Nichias 10-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nichias's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nichias's 10-Year ROIIC % falls into.


NICFF
70GF Score
Nichias Corp NICFF
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichias 10-Year ROIIC % Calculation

Nichias'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**
=( 191.3464592 (Mar. 2026) - 73.4972735 (Mar. 2016) )/( 1407.066 (Mar. 2026) - 965.309 (Mar. 2016) )
=117.8491857/441.757
=26.68%***

* 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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 19.31 mean?
Nichias (NICFF) has a 10-Year ROIIC % of 19.31 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 Nichias and its competitors. According to the industry distribution chart, Nichias ranks #64 out of 501 companies in the Conglomerates industry, placing it in the top 12.8%.
Is Nichias' 10-Year ROIIC % too high?
Nichias' current 10-Year ROIIC % is 19.31. The Conglomerates industry median 10-Year ROIIC % is 2.56. Nichias' value of 19.31 is 654.3% above this industry median. Based on the distribution chart, Nichias ranks #64 out of 501 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nichias has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichias' 10-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nichias ranks #64 out of 501 companies for 10-Year ROIIC %. This places Nichias in the top 13% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 2.56. Nichias' value of 19.31 is 654.3% 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 10-Year ROIIC % for a Conglomerates company?
The median 10-Year ROIIC % among Conglomerates companies is 2.56, based on 501 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. Nichias's current 10-Year ROIIC % of 19.31 is 654.3% 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 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 Nichias and its competitors. For the Conglomerates industry, the median 10-Year ROIIC % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichias's current 10-Year ROIIC % is 19.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichias stock overvalued right now?
Based on GuruFocus' analysis, Nichias (NICFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.82, compared to a current price of $22.13 — trading 87.2% above its estimated fair value. The current 10-Year ROIIC % is 19.31 and 654.3% above the Conglomerates industry median of 2.56. Nichias' overall GF Score™ is 70/100 with 2 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 Nichias (NICFF), the current 10-Year ROIIC % is 19.31 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 Nichias (NICFF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichias stock appears to be overvalued. The current stock price of $22.13 is trading 87.2% above its estimated GF Value™ of $11.82. GuruFocus considers Nichias to be Significantly Overvalued.

Key valuation signals for NICFF:

  • 10-Year ROIIC %: 19.31
  • GF Value™: $11.82 vs. price of $22.13 (87.2% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 654.3% above the Conglomerates median (#64 of 501)

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


Nichias Business Description

Other Exchanges 5393:Japan
Address 6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555
Nichias Corp is engaged in the development, manufacturing, and sale of a wide range of thermal insulation and industrial materials. The company operates through five reportable segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Automotive Parts, and Construction Materials. Its business activities include providing thermal insulation and disaster prevention works for electric power and petrochemical plants, as well as producing sealing materials, fluoroplastic molding products, and non-combustible building materials for industrial and infrastructure applications. It generates the majority of its revenue from the Construction and Sales for Plants segment.
70GF Score

Get the complete analysis for NICFF

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

$22.13
Price
$11.82
GF Value