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KindenFRA:109 -5.61%83 3-Year ROIIC % is 20.54 as of Mar. 2026, which is 46% above its 10-year median of 14.05. GuruFocus rates FRA:109 with a GF Score™ of 83/100 and a GF Value™ of €19.43 (Significantly Overvalued). Among 1,684 Construction companies, Kinden ranks better than 74.88% 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.
Kinden's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 20.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kinden's 3-Year ROIIC % or its related term are showing as below:
FRA:109's 3-Year ROIIC % is ranked better than 74.88% of 1684
companies
in the Construction industry
Industry Median: 4.64
vs FRA:109: 20.54
Kinden (FRA:109) 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.
Kinden 3-Year ROIIC % Related Terms
Kinden 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kinden'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.
FRA:109 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Kinden'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.
Kinden 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Kinden's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kinden's 3-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.
** 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.
Kinden (FRA:109) has a 3-Year ROIIC % of 20.54 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 Kinden and its competitors. This is 46% above median its historical median of 14.05. According to the industry distribution chart, Kinden ranks #423 out of 1684 companies in the Construction industry, placing it in the top 25.1%.
Is Kinden's 3-Year ROIIC % too high?
Kinden's current 3-Year ROIIC % of 20.54 is 46% above median its 10-year median of 14.05. The Construction industry median 3-Year ROIIC % is 4.64. Kinden's value of 20.54 is 342.7% above this industry median. Based on the distribution chart, Kinden ranks #423 out of 1684 companies in the Construction industry, which is above the industry midpoint. Overall, Kinden has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinden's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Kinden ranks #423 out of 1684 companies for 3-Year ROIIC %. This puts Kinden in the upper half of its industry. The industry median 3-Year ROIIC % is 4.64. Kinden's value of 20.54 is 342.7% above this benchmark. While the company's 10-year median is 14.05 vs. the industry median of 4.64, Kinden has consistently been above the industry average. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.64, based on 1,684 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. Kinden's current 3-Year ROIIC % of 20.54 is 342.7% 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 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 Kinden and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinden's current 3-Year ROIIC % is 20.54, which is 46% above median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinden stock overvalued right now?
Based on GuruFocus' analysis, Kinden (FRA:109) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.43, compared to a current price of €37.00 — trading 90.4% above its estimated fair value. The current 3-Year ROIIC % is 20.54, which is 46% above median its 10-year median of 14.05 and 342.7% above the Construction industry median of 4.64. Kinden's overall GF Score™ is 83/100. 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 Kinden (FRA:109), the current 3-Year ROIIC % is 20.54 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 Kinden (FRA:109) Overvalued in 2026?
Based on GuruFocus' analysis, Kinden stock appears to be overvalued.
The current stock price of €37.00 is trading 90.4% above its estimated GF Value™ of €19.43.
GuruFocus considers Kinden to be Significantly Overvalued.
Key valuation signals for FRA:109:
3-Year ROIIC %: 20.54 (46% above median its 10-year median of 14.05)
GF Value™: €19.43 vs. price of €37.00 (90.4% above fair value)
Industry Position: 342.7% above the Construction median (#423 of 1684)
No single metric tells the full story. See the FRA:109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinden Corp is a Japanese industrial company specializing in facility construction and the electrical construction business. Its operations cover a wide range of activities, including power distribution, electrical installations for buildings and factories, power transmission line projects, and substation-related work. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.
83GF Score
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