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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.
TOKYO PRINTING INK MFG Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TOKYO PRINTING INK MFG Co's 10-Year ROIIC % or its related term are showing as below:
TSE:4635's 10-Year ROIIC % is ranked better than 64.59% of 1378
companies
in the Chemicals industry
Industry Median: 4.4
vs TSE:4635: 8.78
TOKYO PRINTING INK MFG Co (TSE:4635) 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.
TOKYO PRINTING INK MFG Co 10-Year ROIIC % Related Terms
TOKYO PRINTING INK MFG 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.
TSE:4635 vs LIN, SHW, ECL: 10-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.
TOKYO PRINTING INK MFG Co 10-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TOKYO PRINTING INK MFG Co's 10-Year ROIIC % falls into.
TOKYO PRINTING INK MFG Co 10-Year ROIIC % Calculation
TOKYO PRINTING INK MFG 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**
=
( 1619.838 (Mar. 2026) - 1029.0244 (Mar. 2016) )
/
( 38413 (Mar. 2026) - 31686 (Mar. 2016) )
=
590.8136
/
6727
=
8.78%***
* 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.
TOKYO PRINTING INK MFG Co (TSE:4635) has a 10-Year ROIIC % of 8.78 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 TOKYO PRINTING INK MFG Co and its competitors. According to the industry distribution chart, TOKYO PRINTING INK MFG Co ranks #488 out of 1378 companies in the Chemicals industry, placing it in the top 35.4%.
Is TOKYO PRINTING INK MFG Co's 10-Year ROIIC % too high?
TOKYO PRINTING INK MFG Co's current 10-Year ROIIC % is 8.78. The Chemicals industry median 10-Year ROIIC % is 4.40. TOKYO PRINTING INK MFG Co's value of 8.78 is 99.5% above this industry median. Based on the distribution chart, TOKYO PRINTING INK MFG Co ranks #488 out of 1378 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's 10-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOKYO PRINTING INK MFG Co ranks #488 out of 1378 companies for 10-Year ROIIC %. This puts TOKYO PRINTING INK MFG Co in the upper half of its industry. The industry median 10-Year ROIIC % is 4.40. TOKYO PRINTING INK MFG Co's value of 8.78 is 99.5% 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 Chemicals company?
The median 10-Year ROIIC % among Chemicals companies is 4.40, based on 1,378 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. TOKYO PRINTING INK MFG Co's current 10-Year ROIIC % of 8.78 is 99.5% 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 TOKYO PRINTING INK MFG Co and its competitors. For the Chemicals industry, the median 10-Year ROIIC % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKYO PRINTING INK MFG Co's current 10-Year ROIIC % is 8.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円791.53, compared to a current price of 円1,370.00 — trading 73.1% above its estimated fair value. The current 10-Year ROIIC % is 8.78 and 99.5% above the Chemicals industry median of 4.40. TOKYO PRINTING INK MFG Co's overall GF Score™ is 66/100 with 1 warning sign 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current 10-Year ROIIC % is 8.78 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued.
The current stock price of 円1,370.00 is trading 73.1% above its estimated GF Value™ of 円791.53.
GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.
Key valuation signals for TSE:4635:
10-Year ROIIC %: 8.78
GF Value™: 円791.53 vs. price of 円1,370.00 (73.1% above fair value)
Industry Position: 99.5% above the Chemicals median (#488 of 1378)
No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
66GF Score
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