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Coincheck Group NVCNCK -0.35%24 3-Year ROIIC % is -2.76 as of Mar. 2026. GuruFocus rates CNCK with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 659 Capital Markets companies, Coincheck Group NV ranks worse than 63.73% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Coincheck Group NV's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -2.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Coincheck Group NV's 3-Year ROIIC % or its related term are showing as below:
CNCK's 3-Year ROIIC % is ranked worse than 63.73% of 659
companies
in the Capital Markets industry
Industry Median: 2.5
vs CNCK: -2.76
Coincheck Group NV (NAS:CNCK) 3-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.
Coincheck Group NV 3-Year ROIIC % Related Terms
Coincheck Group NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Coincheck Group NV's 3-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 Capital Markets subindustry, Coincheck Group NV's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Coincheck Group NV 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Coincheck Group NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Coincheck Group NV's 3-Year ROIIC % falls into.
Coincheck Group NV's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -8.955 (Mar. 2026) - -3.5544432 (Mar. 2023) )
/
( 673.242 (Mar. 2026) - 477.63 (Mar. 2023) )
=
-5.4005568
/
195.612
=
-2.76%***
* 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 3-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.
Coincheck Group NV (CNCK) has a 3-Year ROIIC % of -2.76 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Coincheck Group NV and its competitors. According to the industry distribution chart, Coincheck Group NV ranks #420 out of 659 companies in the Capital Markets industry, placing it in the top 63.7%.
Is Coincheck Group NV's 3-Year ROIIC % too high?
Coincheck Group NV's current 3-Year ROIIC % is -2.76. Based on the distribution chart, Coincheck Group NV ranks #420 out of 659 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Coincheck Group NV has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Coincheck Group NV's 3-Year ROIIC % compare to CD and CSHR?
According to the Capital Markets industry distribution chart, Coincheck Group NV ranks #420 out of 659 companies for 3-Year ROIIC %. This places Coincheck Group NV in the lower half of its industry. The industry median 3-Year ROIIC % is 2.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.50, based on 659 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Coincheck Group NV and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coincheck Group NV's current 3-Year ROIIC % is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coincheck Group NV stock overvalued right now?
Coincheck Group NV (CNCK) has a current 3-Year ROIIC % of -2.76. The current 3-Year ROIIC % is -2.76. Coincheck Group NV's overall GF Score™ is 24/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Coincheck Group NV (CNCK), the current 3-Year ROIIC % is -2.76 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.
Coincheck Group NV is a digital asset trading service company. It operates multi-cryptocurrency marketplaces and crypto asset exchanges in Japan and marketplace and exchange platforms on which diverse cryptocurrencies, including Bitcoin and Ethereum, are held and exchanged, and offers other retail-focused crypto services. It is also increasing user's access to digital products and solutions beyond cryptocurrencies, such as non-fungible tokens (NFTs). The company's revenue is entirely derived from operations within Japan.
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