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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.
Shinobu Foods Products Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 16.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shinobu Foods Products Co's 10-Year ROIIC % or its related term are showing as below:
TSE:2903's 10-Year ROIIC % is ranked better than 77.14% of 1597
companies
in the Consumer Packaged Goods industry
Industry Median: 4.17
vs TSE:2903: 16.67
Shinobu Foods Products Co (TSE:2903) 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.
Shinobu Foods Products Co 10-Year ROIIC % Related Terms
Shinobu Foods Products Co 10-Year ROIIC % 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.
For the Packaged Foods subindustry, Shinobu Foods Products 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.
Shinobu Foods Products Co 10-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shinobu Foods Products Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shinobu Foods Products Co's 10-Year ROIIC % falls into.
Shinobu Foods Products Co 10-Year ROIIC % Calculation
Shinobu Foods Products Co'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**
=
( 1722.296 (Mar. 2026) - 832.9958 (Mar. 2016) )
/
( 19759 (Mar. 2026) - 14424 (Mar. 2016) )
=
889.3002
/
5335
=
16.67%***
* 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.
Shinobu Foods Products Co (TSE:2903) has a 10-Year ROIIC % of 16.67 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 Shinobu Foods Products Co and its competitors. According to the industry distribution chart, Shinobu Foods Products Co ranks #365 out of 1597 companies in the Consumer Packaged Goods industry, placing it in the top 22.9%.
Is Shinobu Foods Products Co's 10-Year ROIIC % too high?
Shinobu Foods Products Co's current 10-Year ROIIC % is 16.67. The Consumer Packaged Goods industry median 10-Year ROIIC % is 4.17. Shinobu Foods Products Co's value of 16.67 is 299.8% above this industry median. Based on the distribution chart, Shinobu Foods Products Co ranks #365 out of 1597 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shinobu Foods Products Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinobu Foods Products Co's 10-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinobu Foods Products Co ranks #365 out of 1597 companies for 10-Year ROIIC %. This places Shinobu Foods Products Co in the top 23% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.17. Shinobu Foods Products Co's value of 16.67 is 299.8% 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 Consumer Packaged Goods company?
The median 10-Year ROIIC % among Consumer Packaged Goods companies is 4.17, based on 1,597 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. Shinobu Foods Products Co's current 10-Year ROIIC % of 16.67 is 299.8% 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 Shinobu Foods Products Co and its competitors. For the Consumer Packaged Goods industry, the median 10-Year ROIIC % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinobu Foods Products Co's current 10-Year ROIIC % is 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinobu Foods Products Co stock overvalued right now?
Based on GuruFocus' analysis, Shinobu Foods Products Co (TSE:2903) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,273.55, compared to a current price of 円1,578.00 — trading 23.9% above its estimated fair value. The current 10-Year ROIIC % is 16.67 and 299.8% above the Consumer Packaged Goods industry median of 4.17. Shinobu Foods Products Co's overall GF Score™ is 67/100. 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 Shinobu Foods Products Co (TSE:2903), the current 10-Year ROIIC % is 16.67 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 Shinobu Foods Products Co (TSE:2903) Overvalued in 2026?
Based on GuruFocus' analysis, Shinobu Foods Products Co stock appears to be overvalued.
The current stock price of 円1,578.00 is trading 23.9% above its estimated GF Value™ of 円1,273.55.
GuruFocus considers Shinobu Foods Products Co to be Modestly Overvalued.
Key valuation signals for TSE:2903:
10-Year ROIIC %: 16.67
GF Value™: 円1,273.55 vs. price of 円1,578.00 (23.9% above fair value)
Industry Position: 299.8% above the Consumer Packaged Goods median (#365 of 1597)
No single metric tells the full story. See the TSE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinobu Foods Products Co Ltd is a Japanese food company. It offers processed food products. The product portfolio of the company includes Onigiri Q, Mckee bar, rice ball onigiri, fluffy rice ball, cabbage dinner meal box and others.
67GF Score
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