Denka Co (FRA:DIK) 3-Year ROIIC % : -20.04% (As of Mar. 2026)


FRA:DIK Denka Co Ltd FRA:DIK
65 GF Score
Price €21.20
GF Value €12.38
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Denka Co 3-Year ROIIC %?

Denka Co FRA:DIK -1.85% 65 3-Year ROIIC % is -20.04 as of Mar. 2026. GuruFocus rates FRA:DIK with a GF Score™ of 65/100 and a GF Value™ of €12.38 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,521 Chemicals companies, Denka Co ranks worse than 76.07% 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. Denka Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -20.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:DIK's 3-Year ROIIC % is ranked worse than
76.07% of 1521 companies
in the Chemicals industry
Industry Median: -0.04 vs FRA:DIK: -20.04

Denka Co  (FRA:DIK) 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.


Denka Co 3-Year ROIIC % Related Terms


Denka Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Denka 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.

Denka Co 3-Year ROIIC % Chart

Denka 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 3.78 4.57 -22.73 -16.85 -20.04

Denka 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 -16.85 0.00 0.00 0.00 -20.04

FRA:DIK vs DOW: 3-Year ROIIC % Comparison

For the Chemicals subindustry, Denka 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.


Denka Co 3-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Denka Co's 3-Year ROIIC % distribution charts can be found below:

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


FRA:DIK
65GF Score
Denka Co Ltd FRA:DIK
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Denka Co 3-Year ROIIC % Calculation

Denka 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**
=( 75.3261509 (Mar. 2026) - 201.8427936 (Mar. 2023) )/( 3241.863 (Mar. 2026) - 3630.254 (Mar. 2023) )
=-126.5166427/-388.391
=32.57%***

* 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 -20.04 mean?
Denka Co (FRA:DIK) has a 3-Year ROIIC % of -20.04 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 Denka Co and its competitors. According to the industry distribution chart, Denka Co ranks #1157 out of 1521 companies in the Chemicals industry, placing it in the top 76.1%.
Is Denka Co's 3-Year ROIIC % too high?
Denka Co's current 3-Year ROIIC % is -20.04. Based on the distribution chart, Denka Co ranks #1157 out of 1521 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Denka Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denka Co's 3-Year ROIIC % compare to DOW?
According to the Chemicals industry distribution chart, Denka Co ranks #1157 out of 1521 companies for 3-Year ROIIC %. This places Denka Co in the lower 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals 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 Denka Co and its competitors. Denka Co's current 3-Year ROIIC % is -20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Based on GuruFocus' analysis, Denka Co (FRA:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.38, compared to a current price of €21.20 — trading 71.2% above its estimated fair value. The current 3-Year ROIIC % is -20.04. Denka Co's overall GF Score™ is 65/100 with 11 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 Denka Co (FRA:DIK), the current 3-Year ROIIC % is -20.04 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 Denka Co (FRA:DIK) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of €21.20 is trading 71.2% above its estimated GF Value™ of €12.38. GuruFocus considers Denka Co to be Significantly Overvalued.

Key valuation signals for FRA:DIK:

  • 3-Year ROIIC %: -20.04
  • GF Value™: €12.38 vs. price of €21.20 (71.2% above fair value)
  • GF Score™: 65/100 with 11 warning signs

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


Denka Co Business Description

Other Exchanges 4061:JapanDIK:Germany
Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
65GF Score

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

€21.20
Price
€12.38
GF Value