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Kowa CoFRA:49N 78 3-Year ROIIC % is -12.15 as of Feb. 2026. GuruFocus rates FRA:49N with a GF Score™ of 78/100 and a GF Value™ of €5.42. The stock has 2 warning signs investors should review. Among 408 Furnishings, Fixtures & Appliances companies, Kowa Co ranks worse than 69.61% 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.
Kowa Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was -12.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kowa Co's 3-Year ROIIC % or its related term are showing as below:
FRA:49N's 3-Year ROIIC % is ranked worse than 69.61% of 408
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.825
vs FRA:49N: -12.15
Kowa Co (FRA:49N) 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.
Kowa Co 3-Year ROIIC % Related Terms
Kowa Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kowa 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.
FRA:49N vs SN, SGI, MHK: 3-Year ROIIC % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.
Kowa Co 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kowa Co's 3-Year ROIIC % falls into.
Kowa Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 2.8060718 (Feb. 2026) - 3.0290379 (Feb. 2023) )
/
( 10.526 (Feb. 2026) - 18.351 (Feb. 2023) )
=
-0.2229661
/
-7.825
=
2.85%***
* 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.
Kowa Co (FRA:49N) has a 3-Year ROIIC % of -12.15 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Kowa Co and its competitors. According to the industry distribution chart, Kowa Co ranks #284 out of 408 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 69.6%.
Is Kowa Co's 3-Year ROIIC % too high?
Kowa Co's current 3-Year ROIIC % is -12.15. Based on the distribution chart, Kowa Co ranks #284 out of 408 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Kowa Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Kowa Co's 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kowa Co ranks #284 out of 408 companies for 3-Year ROIIC %. This places Kowa Co in the lower half of its industry. The industry median 3-Year ROIIC % is 1.83. 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 1.83, based on 408 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 Kowa Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current 3-Year ROIIC % is -12.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowa Co stock overvalued right now?
Kowa Co (FRA:49N) has a current 3-Year ROIIC % of -12.15. The stock's GF Value™ is €5.42, compared to a current price of €4.38 — trading 19.2% below its estimated fair value. The current 3-Year ROIIC % is -12.15. Kowa Co's overall GF Score™ is 78/100 with 2 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 Kowa Co (FRA:49N), the current 3-Year ROIIC % is -12.15 as of Feb. 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 Kowa Co (FRA:49N) Overvalued in 2026?
Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued.
The current stock price of €4.38 is trading 19.2% below its estimated GF Value™ of €5.42.
Key valuation signals for FRA:49N:
3-Year ROIIC %: -12.15
GF Value™: €5.42 vs. price of €4.38 (19.2% below fair value)
No single metric tells the full story. See the FRA:49N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.
78GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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