Sato Foods Co (TSE:2923) 10-Year ROIIC % : 6.88% (As of Apr. 2026)

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TSE:2923 Sato Foods Co Ltd TSE:2923
69 GF Score
Price 円8,260.00
GF Value 円8,341.86
Valuation Fairly Valued
! 5 Warning Signs
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What is Sato Foods Co 10-Year ROIIC %?

Sato Foods Co TSE:2923 +0.36% 69 10-Year ROIIC % is 6.88 as of Apr. 2026. GuruFocus rates TSE:2923 with a GF Score™ of 69/100 and a GF Value™ of 円8,341.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,593 Consumer Packaged Goods companies, Sato Foods Co ranks better than 59.2% 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. Sato Foods Co's 10-Year ROIIC % for the quarter that ended in Apr. 2026 was 6.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:2923's 10-Year ROIIC % is ranked better than
59.2% of 1593 companies
in the Consumer Packaged Goods industry
Industry Median: 4.17 vs TSE:2923: 6.88

Sato Foods Co  (TSE:2923) 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.


Sato Foods Co 10-Year ROIIC % Related Terms


Sato Foods Co 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Sato Foods 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.

Sato Foods Co 10-Year ROIIC % Chart

Sato Foods Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.80 1.48 1.79 8.55 6.88

Sato Foods Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.79 0.00 8.55 0.00 6.88

TSE:2923 vs KHC, GIS: 10-Year ROIIC % Comparison

For the Packaged Foods subindustry, Sato Foods 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.


Sato Foods Co 10-Year ROIIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's 10-Year ROIIC % distribution charts can be found below:

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


TSE:2923
69GF Score
Sato Foods Co Ltd TSE:2923
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sato Foods Co 10-Year ROIIC % Calculation

Sato Foods Co's 10-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 2309.9441029 (Apr. 2026) - 761.0267304 (Apr. 2016) )/( 44980.693 (Apr. 2026) - 22471.776 (Apr. 2016) )
=1548.9173725/22508.917
=6.88%***

* 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 6.88 mean?
Sato Foods Co (TSE:2923) has a 10-Year ROIIC % of 6.88 as of Apr. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Sato Foods Co and its competitors. According to the industry distribution chart, Sato Foods Co ranks #650 out of 1593 companies in the Consumer Packaged Goods industry, placing it in the top 40.8%.
Is Sato Foods Co's 10-Year ROIIC % too high?
Sato Foods Co's current 10-Year ROIIC % is 6.88. The Consumer Packaged Goods industry median 10-Year ROIIC % is 4.17. Sato Foods Co's value of 6.88 is 65% above this industry median. Based on the distribution chart, Sato Foods Co ranks #650 out of 1593 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sato Foods Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's 10-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #650 out of 1593 companies for 10-Year ROIIC %. This puts Sato Foods Co in the upper half of its industry. The industry median 10-Year ROIIC % is 4.17. Sato Foods Co's value of 6.88 is 65% 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 1,593 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. Sato Foods Co's current 10-Year ROIIC % of 6.88 is 65% 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 Sato Foods 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. Sato Foods Co's current 10-Year ROIIC % is 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,341.86, compared to a current price of 円8,260.00 — trading 1% below its estimated fair value. The current 10-Year ROIIC % is 6.88 and 65% above the Consumer Packaged Goods industry median of 4.17. Sato Foods Co's overall GF Score™ is 69/100 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 Sato Foods Co (TSE:2923), the current 10-Year ROIIC % is 6.88 as of Apr. 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 Sato Foods Co (TSE:2923) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Foods Co stock appears to be undervalued. The current stock price of 円8,260.00 is trading 1% below its estimated GF Value™ of 円8,341.86. GuruFocus considers Sato Foods Co to be Fairly Valued.

Key valuation signals for TSE:2923:

  • 10-Year ROIIC %: 6.88
  • GF Value™: 円8,341.86 vs. price of 円8,260.00 (1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 65% above the Consumer Packaged Goods median (#650 of 1593)

No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sato Foods Co Business Description

Address 13-5 Takaramachi, Niigatahigashi-ku, Niigata Prefecture, Niigata, JPN, 950-8730
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
69GF Score

Get the complete analysis for TSE:2923

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

円8,260.00
Price
円8,341.86
GF Value