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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.
Naikai Zosen's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Naikai Zosen's 10-Year ROIIC % or its related term are showing as below:
TSE:7018's 10-Year ROIIC % is ranked better than 65.44% of 272
companies
in the Aerospace & Defense industry
Industry Median: 3.645
vs TSE:7018: 9.13
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.
Naikai Zosen 10-Year ROIIC % Related Terms
Naikai Zosen 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Naikai Zosen'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.
TSE:7018 vs SPCX, GE, RTX: 10-Year ROIIC % Comparison
For the Aerospace & Defense subindustry, Naikai Zosen'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.
Naikai Zosen 10-Year ROIIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Naikai Zosen's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Naikai Zosen's 10-Year ROIIC % falls into.
Naikai Zosen'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**
=
( 2371.7516 (Mar. 2026) - 877 (Mar. 2016) )
/
( 38791 (Mar. 2026) - 22423 (Mar. 2016) )
=
1494.7516
/
16368
=
9.13%***
* 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.
Naikai Zosen (TSE:7018) has a 10-Year ROIIC % of 9.13 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 Naikai Zosen and its competitors. According to the industry distribution chart, Naikai Zosen ranks #94 out of 272 companies in the Aerospace & Defense industry, placing it in the top 34.6%.
Is Naikai Zosen's 10-Year ROIIC % too high?
Naikai Zosen's current 10-Year ROIIC % is 9.13. The Aerospace & Defense industry median 10-Year ROIIC % is 3.65. Naikai Zosen's value of 9.13 is 150.5% above this industry median. Based on the distribution chart, Naikai Zosen ranks #94 out of 272 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Naikai Zosen has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naikai Zosen's 10-Year ROIIC % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Naikai Zosen ranks #94 out of 272 companies for 10-Year ROIIC %. This puts Naikai Zosen in the upper half of its industry. The industry median 10-Year ROIIC % is 3.65. Naikai Zosen's value of 9.13 is 150.5% 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 an Aerospace & Defense company?
The median 10-Year ROIIC % among Aerospace & Defense companies is 3.65, based on 272 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. Naikai Zosen's current 10-Year ROIIC % of 9.13 is 150.5% 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 Naikai Zosen and its competitors. For the Aerospace & Defense industry, the median 10-Year ROIIC % is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naikai Zosen's current 10-Year ROIIC % is 9.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naikai Zosen stock overvalued right now?
Based on GuruFocus' analysis, Naikai Zosen (TSE:7018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,650.14, compared to a current price of 円11,280.00 — trading 99.6% above its estimated fair value. The current 10-Year ROIIC % is 9.13 and 150.5% above the Aerospace & Defense industry median of 3.65. Naikai Zosen's overall GF Score™ is 64/100 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 Naikai Zosen (TSE:7018), the current 10-Year ROIIC % is 9.13 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 Naikai Zosen (TSE:7018) Overvalued in 2026?
Based on GuruFocus' analysis, Naikai Zosen stock appears to be overvalued.
The current stock price of 円11,280.00 is trading 99.6% above its estimated GF Value™ of 円5,650.14.
GuruFocus considers Naikai Zosen to be Significantly Overvalued.
Key valuation signals for TSE:7018:
10-Year ROIIC %: 9.13
GF Value™: 円5,650.14 vs. price of 円11,280.00 (99.6% above fair value)
Industry Position: 150.5% above the Aerospace & Defense median (#94 of 272)
No single metric tells the full story. See the TSE:7018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naikai Zosen Corp is a shipbuilding company. The company constructs various ships, such as container ships, product tankers, car carriers, bulk carriers, chemical tankers, cargo ships, passenger ferries, and research vessels.
64GF Score
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