Forside Co (TSE:2330) 10-Year ROIIC % : 39.94% (As of Dec. 2025)

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TSE:2330 Forside Co Ltd TSE:2330
54 GF Score
Price 円77.00
GF Value 円248.28
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Forside Co 10-Year ROIIC %?

Forside Co TSE:2330 +1.32% 54 10-Year ROIIC % is 39.94 as of Dec. 2025. GuruFocus rates TSE:2330 with a GF Score™ of 54/100 and a GF Value™ of 円248.28 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 693 Travel & Leisure companies, Forside Co ranks better than 89.32% 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. Forside Co's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 39.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:2330's 10-Year ROIIC % is ranked better than
89.32% of 693 companies
in the Travel & Leisure industry
Industry Median: 2.24 vs TSE:2330: 39.94

Forside Co  (TSE:2330) 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.


Forside Co 10-Year ROIIC % Related Terms


Forside Co 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Forside Co'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.

Forside Co 10-Year ROIIC % Chart

Forside Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.40 66.34 88.03 50.47 39.94

Forside Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 39.94 0.00

TSE:2330 vs AS, HAS, LTH: 10-Year ROIIC % Comparison

For the Leisure subindustry, Forside Co'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.


Forside Co 10-Year ROIIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Forside Co's 10-Year ROIIC % distribution charts can be found below:

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


TSE:2330
54GF Score
Forside Co Ltd TSE:2330
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forside Co 10-Year ROIIC % Calculation

Forside Co's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 415.5250605 (Dec. 2025) - -209.522 (Dec. 2015) )/( 1858.907 (Dec. 2025) - 294.031 (Dec. 2015) )
=625.0470605/1564.876
=39.94%***

* 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 39.94 mean?
Forside Co (TSE:2330) has a 10-Year ROIIC % of 39.94 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Forside Co and its competitors. According to the industry distribution chart, Forside Co ranks #74 out of 693 companies in the Travel & Leisure industry, placing it in the top 10.7%.
Is Forside Co's 10-Year ROIIC % too high?
Forside Co's current 10-Year ROIIC % is 39.94. The Travel & Leisure industry median 10-Year ROIIC % is 2.24. Forside Co's value of 39.94 is 1683% above this industry median. Based on the distribution chart, Forside Co ranks #74 out of 693 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Forside Co has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forside Co's 10-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Forside Co ranks #74 out of 693 companies for 10-Year ROIIC %. This places Forside Co in the top 11% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 2.24. Forside Co's value of 39.94 is 1683% 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 Travel & Leisure company?
The median 10-Year ROIIC % among Travel & Leisure companies is 2.24, based on 693 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. Forside Co's current 10-Year ROIIC % of 39.94 is 1683% 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 Forside Co and its competitors. For the Travel & Leisure industry, the median 10-Year ROIIC % is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forside Co's current 10-Year ROIIC % is 39.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forside Co stock overvalued right now?
Based on GuruFocus' analysis, Forside Co (TSE:2330) is currently considered Significantly Undervalued. The stock's GF Value™ is 円248.28, compared to a current price of 円77.00 — trading 69% below its estimated fair value. The current 10-Year ROIIC % is 39.94 and 1683% above the Travel & Leisure industry median of 2.24. Forside Co's overall GF Score™ is 54/100 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 Forside Co (TSE:2330), the current 10-Year ROIIC % is 39.94 as of Dec. 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 Forside Co (TSE:2330) Overvalued in 2026?

Based on GuruFocus' analysis, Forside Co stock appears to be undervalued. The current stock price of 円77.00 is trading 69% below its estimated GF Value™ of 円248.28. GuruFocus considers Forside Co to be Significantly Undervalued.

Key valuation signals for TSE:2330:

  • 10-Year ROIIC %: 39.94
  • GF Value™: 円248.28 vs. price of 円77.00 (69% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 1683% above the Travel & Leisure median (#74 of 693)

No single metric tells the full story. See the TSE:2330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forside Co Business Description

Address Muromachi 3-3-1 ETS Muromachi building 12F, Nihonbashi, Chuo-ku, Tokyo, JPN
Forside Co Ltd is a Japan-based company engaged in the content business. The company provides guidance in the areas concerning investment banking, merger and acquisition, financing and other related financial services. Its reportable segments are Prize Business, Real Estate-Related Business, Content Business, Event Business, Master Rights Business, AI-Related Business, and Logistics-Related Business.
54GF Score

Get the complete analysis for TSE:2330

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

円77.00
Price
円248.28
GF Value