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West HoldingsTSE:1407 -0.85%57 10-Year ROIIC % is 2.93 as of Aug. 2025. GuruFocus rates TSE:1407 with a GF Score™ of 57/100 and a GF Value™ of 円2,095.82 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 333 Utilities - Independent Power Producers companies, West Holdings ranks better than 54.95% 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.
West Holdings's 10-Year ROIIC % for the quarter that ended in Aug. 2025 was 2.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for West Holdings's 10-Year ROIIC % or its related term are showing as below:
TSE:1407's 10-Year ROIIC % is ranked better than 54.95% of 333
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.23
vs TSE:1407: 2.93
West Holdings (TSE:1407) 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.
West Holdings 10-Year ROIIC % Related Terms
West Holdings 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for West Holdings'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.
West Holdings 10-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, West Holdings'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.
West Holdings 10-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where West Holdings's 10-Year ROIIC % falls into.
West Holdings's 10-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 6124.6701 (Aug. 2025) - 3845.0152 (Aug. 2015) )
/
( 107143 (Aug. 2025) - 29227 (Aug. 2015) )
=
2279.6549
/
77916
=
2.93%***
* 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.
West Holdings (TSE:1407) has a 10-Year ROIIC % of 2.93 as of Aug. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on West Holdings and its competitors. According to the industry distribution chart, West Holdings ranks #150 out of 333 companies in the Utilities - Independent Power Producers industry, placing it in the top 45%.
Is West Holdings' 10-Year ROIIC % too high?
West Holdings' current 10-Year ROIIC % is 2.93. The Utilities - Independent Power Producers industry median 10-Year ROIIC % is 2.23. West Holdings' value of 2.93 is 31.4% above this industry median. Based on the distribution chart, West Holdings ranks #150 out of 333 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, West Holdings has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does West Holdings' 10-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, West Holdings ranks #150 out of 333 companies for 10-Year ROIIC %. This puts West Holdings in the upper half of its industry. The industry median 10-Year ROIIC % is 2.23. West Holdings' value of 2.93 is 31.4% 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 an Utilities - Independent Power Producers company?
The median 10-Year ROIIC % among Utilities - Independent Power Producers companies is 2.23, based on 333 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. West Holdings's current 10-Year ROIIC % of 2.93 is 31.4% 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 West Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median 10-Year ROIIC % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Holdings's current 10-Year ROIIC % is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Holdings stock overvalued right now?
Based on GuruFocus' analysis, West Holdings (TSE:1407) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,095.82, compared to a current price of 円2,681.00 — trading 27.9% above its estimated fair value. The current 10-Year ROIIC % is 2.93 and 31.4% above the Utilities - Independent Power Producers industry median of 2.23. West Holdings' overall GF Score™ is 57/100 with 4 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 West Holdings (TSE:1407), the current 10-Year ROIIC % is 2.93 as of Aug. 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 West Holdings (TSE:1407) Overvalued in 2026?
Based on GuruFocus' analysis, West Holdings stock appears to be overvalued.
The current stock price of 円2,681.00 is trading 27.9% above its estimated GF Value™ of 円2,095.82.
GuruFocus considers West Holdings to be Modestly Overvalued.
Key valuation signals for TSE:1407:
10-Year ROIIC %: 2.93
GF Value™: 円2,095.82 vs. price of 円2,681.00 (27.9% above fair value)
Industry Position: 31.4% above the Utilities - Independent Power Producers median (#150 of 333)
No single metric tells the full story. See the TSE:1407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.
57GF Score
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