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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bitcoin JapanTSE:8105 +4.44%49 10-Year ROIIC % is 34.81 as of Mar. 2026. GuruFocus rates TSE:8105 with a GF Score™ of 49/100 and a GF Value™ of 円36.78 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 935 Manufacturing - Apparel & Accessories companies, Bitcoin Japan ranks better than 87.17% 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.
Bitcoin Japan's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 34.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bitcoin Japan's 10-Year ROIIC % or its related term are showing as below:
TSE:8105's 10-Year ROIIC % is ranked better than 87.17% of 935
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.99
vs TSE:8105: 34.81
Bitcoin Japan (TSE:8105) 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.
Bitcoin Japan 10-Year ROIIC % Related Terms
Bitcoin Japan 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bitcoin Japan'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:8105 vs RL, LEVI, VFC: 10-Year ROIIC % Comparison
For the Apparel Manufacturing subindustry, Bitcoin Japan'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.
Bitcoin Japan 10-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bitcoin Japan's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bitcoin Japan's 10-Year ROIIC % falls into.
Bitcoin Japan'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**
=
( -462.011 (Mar. 2026) - 183.650295 (Mar. 2016) )
/
( 1381.167 (Mar. 2026) - 3236.121 (Mar. 2016) )
=
-645.661295
/
-1854.954
=
34.81%***
* 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.
Bitcoin Japan (TSE:8105) has a 10-Year ROIIC % of 34.81 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 Bitcoin Japan and its competitors. According to the industry distribution chart, Bitcoin Japan ranks #120 out of 935 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.8%.
Is Bitcoin Japan's 10-Year ROIIC % too high?
Bitcoin Japan's current 10-Year ROIIC % is 34.81. The Manufacturing - Apparel & Accessories industry median 10-Year ROIIC % is 2.99. Bitcoin Japan's value of 34.81 is 1064.2% above this industry median. Based on the distribution chart, Bitcoin Japan ranks #120 out of 935 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bitcoin Japan has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Japan's 10-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bitcoin Japan ranks #120 out of 935 companies for 10-Year ROIIC %. This places Bitcoin Japan in the top 13% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 2.99. Bitcoin Japan's value of 34.81 is 1064.2% 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 Manufacturing - Apparel & Accessories company?
The median 10-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 2.99, based on 935 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. Bitcoin Japan's current 10-Year ROIIC % of 34.81 is 1064.2% 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 Bitcoin Japan and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 10-Year ROIIC % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Japan's current 10-Year ROIIC % is 34.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Japan stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Japan (TSE:8105) is currently considered Significantly Overvalued. The stock's GF Value™ is 円36.78, compared to a current price of 円94.00 — trading 155.6% above its estimated fair value. The current 10-Year ROIIC % is 34.81 and 1064.2% above the Manufacturing - Apparel & Accessories industry median of 2.99. Bitcoin Japan's overall GF Score™ is 49/100 with 4 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 Bitcoin Japan (TSE:8105), the current 10-Year ROIIC % is 34.81 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 Bitcoin Japan (TSE:8105) Overvalued in 2026?
Based on GuruFocus' analysis, Bitcoin Japan stock appears to be overvalued.
The current stock price of 円94.00 is trading 155.6% above its estimated GF Value™ of 円36.78.
GuruFocus considers Bitcoin Japan to be Significantly Overvalued.
Key valuation signals for TSE:8105:
10-Year ROIIC %: 34.81
GF Value™: 円36.78 vs. price of 円94.00 (155.6% above fair value)
Industry Position: 1064.2% above the Manufacturing - Apparel & Accessories median (#120 of 935)
No single metric tells the full story. See the TSE:8105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitcoin Japan Corp operates at the intersection of Bitcoin-related financial services and artificial intelligence. The company is developing infrastructure intended to support Japan's participation in the emerging intelligence-focused economy, combining AI-related investments with a balance sheet that includes Bitcoin holdings.
49GF Score
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