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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Nihon Denkei Co's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nihon Denkei Co's 1-Year ROIIC % or its related term are showing as below:
TSE:9908's 1-Year ROIIC % is ranked better than 56.54% of 978
companies
in the Business Services industry
Industry Median: 1.13
vs TSE:9908: 5.37
Nihon Denkei Co (TSE:9908) 1-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.
Nihon Denkei Co 1-Year ROIIC % Related Terms
Nihon Denkei Co 1-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nihon Denkei Co's 1-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:9908 vs URI, SUNB, AER: 1-Year ROIIC % Comparison
For the Rental & Leasing Services subindustry, Nihon Denkei Co's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Nihon Denkei Co 1-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Nihon Denkei Co's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nihon Denkei Co's 1-Year ROIIC % falls into.
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Nihon Denkei Co (TSE:9908) has a 1-Year ROIIC % of 5.37 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Nihon Denkei Co and its competitors. According to the industry distribution chart, Nihon Denkei Co ranks #425 out of 978 companies in the Business Services industry, placing it in the top 43.5%.
Is Nihon Denkei Co's 1-Year ROIIC % too high?
Nihon Denkei Co's current 1-Year ROIIC % is 5.37. The Business Services industry median 1-Year ROIIC % is 1.13. Nihon Denkei Co's value of 5.37 is 375.2% above this industry median. Based on the distribution chart, Nihon Denkei Co ranks #425 out of 978 companies in the Business Services industry, which is above the industry midpoint. Overall, Nihon Denkei Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Denkei Co's 1-Year ROIIC % compare to URI and SUNB?
According to the Business Services industry distribution chart, Nihon Denkei Co ranks #425 out of 978 companies for 1-Year ROIIC %. This puts Nihon Denkei Co in the upper half of its industry. The industry median 1-Year ROIIC % is 1.13. Nihon Denkei Co's value of 5.37 is 375.2% 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 1-Year ROIIC % for a Business Services company?
The median 1-Year ROIIC % among Business Services companies is 1.13, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nihon Denkei Co's current 1-Year ROIIC % of 5.37 is 375.2% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Nihon Denkei Co and its competitors. For the Business Services industry, the median 1-Year ROIIC % is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Denkei Co's current 1-Year ROIIC % is 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Denkei Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Denkei Co (TSE:9908) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,543.98, compared to a current price of 円2,871.00 — trading 12.9% above its estimated fair value. The current 1-Year ROIIC % is 5.37 and 375.2% above the Business Services industry median of 1.13. Nihon Denkei Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Nihon Denkei Co (TSE:9908), the current 1-Year ROIIC % is 5.37 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 Nihon Denkei Co (TSE:9908) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Denkei Co stock appears to be overvalued.
The current stock price of 円2,871.00 is trading 12.9% above its estimated GF Value™ of 円2,543.98.
GuruFocus considers Nihon Denkei Co to be Modestly Overvalued.
Key valuation signals for TSE:9908:
1-Year ROIIC %: 5.37
GF Value™: 円2,543.98 vs. price of 円2,871.00 (12.9% above fair value)
Industry Position: 375.2% above the Business Services median (#425 of 978)
No single metric tells the full story. See the TSE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Denkei Co Ltd is engaged in the leasing and rental business of electronic measuring instruments, system equipment, electronic parts, and others. Its three reportable segments being Japan, China, and Other, including Southeast Asia. It derives maximum revenue from Japan.
82GF Score
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