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Kandenko CoFRA:5EY +0.65%81 3-Year ROIIC % is 29.33 as of Mar. 2026, which is 64% above its 10-year median of 17.88. GuruFocus rates FRA:5EY with a GF Score™ of 81/100 and a GF Value™ of €14.51 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,685 Construction companies, Kandenko Co ranks better than 80.95% 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.
Kandenko Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 29.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kandenko Co's 3-Year ROIIC % or its related term are showing as below:
FRA:5EY's 3-Year ROIIC % is ranked better than 80.95% of 1685
companies
in the Construction industry
Industry Median: 4.63
vs FRA:5EY: 29.33
Kandenko Co (FRA:5EY) 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.
Kandenko Co 3-Year ROIIC % Related Terms
Kandenko Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kandenko 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:5EY vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Kandenko 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.
Kandenko Co 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Kandenko Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kandenko Co'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.
Kandenko Co (FRA:5EY) has a 3-Year ROIIC % of 29.33 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 Kandenko Co and its competitors. This is 64% above median its historical median of 17.88. According to the industry distribution chart, Kandenko Co ranks #321 out of 1685 companies in the Construction industry, placing it in the top 19.1%.
Is Kandenko Co's 3-Year ROIIC % too high?
Kandenko Co's current 3-Year ROIIC % of 29.33 is 64% above median its 10-year median of 17.88. The Construction industry median 3-Year ROIIC % is 4.63. Kandenko Co's value of 29.33 is 533.5% above this industry median. Based on the distribution chart, Kandenko Co ranks #321 out of 1685 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kandenko Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kandenko Co's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Kandenko Co ranks #321 out of 1685 companies for 3-Year ROIIC %. This places Kandenko Co in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Kandenko Co's value of 29.33 is 533.5% above this benchmark. While the company's 10-year median is 17.88 vs. the industry median of 4.63, Kandenko Co 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 4.63, based on 1,685 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. Kandenko Co's current 3-Year ROIIC % of 29.33 is 533.5% 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 Kandenko Co and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandenko Co's current 3-Year ROIIC % is 29.33, which is 64% above median its own 10-year median of 17.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandenko Co stock overvalued right now?
Based on GuruFocus' analysis, Kandenko Co (FRA:5EY) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.51, compared to a current price of €30.80 — trading 112.3% above its estimated fair value. The current 3-Year ROIIC % is 29.33, which is 64% above median its 10-year median of 17.88 and 533.5% above the Construction industry median of 4.63. Kandenko Co's overall GF Score™ is 81/100 with 1 warning sign 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 Kandenko Co (FRA:5EY), the current 3-Year ROIIC % is 29.33 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 Kandenko Co (FRA:5EY) Overvalued in 2026?
Based on GuruFocus' analysis, Kandenko Co stock appears to be overvalued.
The current stock price of €30.80 is trading 112.3% above its estimated GF Value™ of €14.51.
GuruFocus considers Kandenko Co to be Significantly Overvalued.
Key valuation signals for FRA:5EY:
3-Year ROIIC %: 29.33 (64% above median its 10-year median of 17.88)
GF Value™: €14.51 vs. price of €30.80 (112.3% above fair value)
Industry Position: 533.5% above the Construction median (#321 of 1685)
No single metric tells the full story. See the FRA:5EY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kandenko Co Ltd is a Japanese infrastructure and engineering company. The company organises itself into two segments: engineering and other. The engineering segment, which contributes nearly all the company's revenue, conducts electric engineering work for building construction and renovation, installs and maintains telecommunication systems, constructs and maintains power distribution lines and facilities, inspects and maintains nuclear power plants, and conducts civil engineering work. The company derives the vast majority of revenue domestically.
81GF Score
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