DWMNF (DOWA Holdings Co) 3-Year ROIIC % : -0.45% (As of Mar. 2026)


DWMNF DOWA Holdings Co Ltd DWMNF
75 GF Score
Price $62.00
GF Value $38.66
! 3 Warning Signs
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What is DOWA Holdings Co 3-Year ROIIC %?

DOWA Holdings Co DWMNF 75 3-Year ROIIC % is -0.45 as of Mar. 2026. GuruFocus rates DWMNF with a GF Score™ of 75/100 and a GF Value™ of $38.66. The stock has 3 warning signs investors should review. Among 2,300 Metals & Mining companies, DOWA Holdings Co ranks better than 53.65% 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. DOWA Holdings Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for DOWA Holdings Co's 3-Year ROIIC % or its related term are showing as below:

DWMNF's 3-Year ROIIC % is ranked better than
53.65% of 2300 companies
in the Metals & Mining industry
Industry Median: -2.49 vs DWMNF: -0.45

DOWA Holdings Co  (OTCPK:DWMNF) 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.


DOWA Holdings Co 3-Year ROIIC % Related Terms


DOWA Holdings Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for DOWA Holdings Co'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.

DOWA Holdings Co 3-Year ROIIC % Chart

DOWA Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.24 9.84 20.83 -76.21 -0.45

DOWA Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -76.21 0.00 0.00 0.00 -0.45

DOWA Holdings Co 3-Year ROIIC % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, DOWA Holdings Co'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.


DOWA Holdings Co 3-Year ROIIC % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where DOWA Holdings Co's 3-Year ROIIC % falls into.


DWMNF
75GF Score
DOWA Holdings Co Ltd DWMNF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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DOWA Holdings Co 3-Year ROIIC % Calculation

DOWA Holdings Co'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**
=( 177.943384 (Mar. 2026) - 214.4703204 (Mar. 2023) )/( 4109.169 (Mar. 2026) - 4164.141 (Mar. 2023) )
=-36.5269364/-54.972000000001
=66.45%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -0.45 mean?
DOWA Holdings Co (DWMNF) has a 3-Year ROIIC % of -0.45 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 DOWA Holdings Co and its competitors. According to the industry distribution chart, DOWA Holdings Co ranks #1066 out of 2300 companies in the Metals & Mining industry, placing it in the top 46.3%.
Is DOWA Holdings Co's 3-Year ROIIC % too high?
DOWA Holdings Co's current 3-Year ROIIC % is -0.45. Based on the distribution chart, DOWA Holdings Co ranks #1066 out of 2300 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, DOWA Holdings Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does DOWA Holdings Co's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, DOWA Holdings Co ranks #1066 out of 2300 companies for 3-Year ROIIC %. This puts DOWA Holdings Co in the upper half of its industry. 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 Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. 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 DOWA Holdings Co and its competitors. DOWA Holdings Co's current 3-Year ROIIC % is -0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOWA Holdings Co stock overvalued right now?
DOWA Holdings Co (DWMNF) has a current 3-Year ROIIC % of -0.45. The stock's GF Value™ is $38.66, compared to a current price of $62.00 — trading 60.4% above its estimated fair value. The current 3-Year ROIIC % is -0.45. DOWA Holdings Co's overall GF Score™ is 75/100 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 DOWA Holdings Co (DWMNF), the current 3-Year ROIIC % is -0.45 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 DOWA Holdings Co (DWMNF) Overvalued in 2026?

Based on GuruFocus' analysis, DOWA Holdings Co stock appears to be overvalued. The current stock price of $62.00 is trading 60.4% above its estimated GF Value™ of $38.66.

Key valuation signals for DWMNF:

  • 3-Year ROIIC %: -0.45
  • GF Value™: $38.66 vs. price of $62.00 (60.4% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the DWMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DOWA Holdings Co Business Description

Other Exchanges 5714:JapanDMI:Germany
Address 1-14-1 Sotokanda, 22nd Floor, Akihabara UDX, Chiyoda-ku, Tokyo, JPN, 101-0021
DOWA Holdings Co Ltd is a Japanese conglomerate engaged in electronic materials, recycling, heat treatment, metal processing, and smelting businesses. The company operates five business segments. The Electronic Materials segment makes high-purity metals, semiconductor wafers, LEDs, batteries, and magnetic materials. The Environment/Recycling segment handles waste disposal, soil remediation, resource recovery, and logistics. The Heat Treatment segment provides metal surface treatment, processing equipment, and related services. The Metal Processing segment produces copper, brass, alloys, and circuit boards. The Smelting segment manufactures metals and chemicals, while Others covers real estate, construction, and technology. It generates the majority of its revenue from the Smelting segment.
75GF Score

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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.00
Price
$38.66
GF Value