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Asulina CoTSE:3647 +0.91%41 10-Year ROIIC % is 27.44 as of Aug. 2025. GuruFocus rates TSE:3647 with a GF Score™ of 41/100 and a GF Value™ of 円166.04 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 333 Utilities - Independent Power Producers companies, Asulina Co ranks better than 90.09% 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.
Asulina Co's 10-Year ROIIC % for the quarter that ended in Aug. 2025 was 27.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Asulina Co's 10-Year ROIIC % or its related term are showing as below:
TSE:3647's 10-Year ROIIC % is ranked better than 90.09% of 333
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.2
vs TSE:3647: 27.44
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.
Asulina Co 10-Year ROIIC % Related Terms
Asulina Co 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Asulina 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.
For the Utilities - Renewable subindustry, Asulina 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.
Asulina Co 10-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Asulina Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asulina Co's 10-Year ROIIC % falls into.
Asulina Co'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**
=
( -299.649 (Aug. 2025) - -117.738 (Aug. 2015) )
/
( 602.803 (Aug. 2025) - 1265.688 (Aug. 2015) )
=
-181.911
/
-662.885
=
27.44%***
* 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.
Asulina Co (TSE:3647) has a 10-Year ROIIC % of 27.44 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 Asulina Co and its competitors. According to the industry distribution chart, Asulina Co ranks #33 out of 333 companies in the Utilities - Independent Power Producers industry, placing it in the top 9.9%.
Is Asulina Co's 10-Year ROIIC % too high?
Asulina Co's current 10-Year ROIIC % is 27.44. The Utilities - Independent Power Producers industry median 10-Year ROIIC % is 2.20. Asulina Co's value of 27.44 is 1147.3% above this industry median. Based on the distribution chart, Asulina Co ranks #33 out of 333 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Asulina Co has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asulina Co's 10-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Asulina Co ranks #33 out of 333 companies for 10-Year ROIIC %. This places Asulina Co in the top 10% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 2.20. Asulina Co's value of 27.44 is 1147.3% 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 an Utilities - Independent Power Producers company?
The median 10-Year ROIIC % among Utilities - Independent Power Producers companies is 2.20, 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. Asulina Co's current 10-Year ROIIC % of 27.44 is 1147.3% 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 Asulina Co and its competitors. For the Utilities - Independent Power Producers industry, the median 10-Year ROIIC % is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asulina Co's current 10-Year ROIIC % is 27.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asulina Co stock overvalued right now?
Based on GuruFocus' analysis, Asulina Co (TSE:3647) is currently considered Possible Value Trap. The stock's GF Value™ is 円166.04, compared to a current price of 円111.00 — trading 33.1% below its estimated fair value. The current 10-Year ROIIC % is 27.44 and 1147.3% above the Utilities - Independent Power Producers industry median of 2.20. Asulina Co's overall GF Score™ is 41/100 with 3 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 Asulina Co (TSE:3647), the current 10-Year ROIIC % is 27.44 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 Asulina Co (TSE:3647) Overvalued in 2026?
Based on GuruFocus' analysis, Asulina Co stock appears to be undervalued.
The current stock price of 円111.00 is trading 33.1% below its estimated GF Value™ of 円166.04.
GuruFocus considers Asulina Co to be Possible Value Trap.
Key valuation signals for TSE:3647:
10-Year ROIIC %: 27.44
GF Value™: 円166.04 vs. price of 円111.00 (33.1% below fair value)
Industry Position: 1147.3% above the Utilities - Independent Power Producers median (#33 of 333)
No single metric tells the full story. See the TSE:3647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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