Mitsubishi Gas Chemical CoFRA:MUG +1.61%71 3-Year ROIIC % is 6.14 as of Mar. 2026, which is 52% above its 10-year median of 4.04. GuruFocus rates FRA:MUG with a GF Score™ of 71/100 and a GF Value™ of €14.28 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,521 Chemicals companies, Mitsubishi Gas Chemical Co ranks better than 61.87% 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.
Mitsubishi Gas Chemical Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mitsubishi Gas Chemical Co's 3-Year ROIIC % or its related term are showing as below:
FRA:MUG's 3-Year ROIIC % is ranked better than 61.87% of 1521
companies
in the Chemicals industry
Industry Median: -0.04
vs FRA:MUG: 6.14
Mitsubishi Gas Chemical Co (FRA:MUG) 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.
Mitsubishi Gas Chemical Co 3-Year ROIIC % Related Terms
Mitsubishi Gas Chemical Co 3-Year ROIIC % Historical Data
* 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:MUG vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.
Mitsubishi Gas Chemical Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mitsubishi Gas Chemical Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 246.903 (Mar. 2026) - 267.2319 (Mar. 2023) )
/
( 5135.199 (Mar. 2026) - 5780.398 (Mar. 2023) )
=
-20.3289
/
-645.199
=
3.15%***
* 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.
Mitsubishi Gas Chemical Co (FRA:MUG) has a 3-Year ROIIC % of 6.14 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 Mitsubishi Gas Chemical Co and its competitors. This is 52% above median its historical median of 4.04. According to the industry distribution chart, Mitsubishi Gas Chemical Co ranks #580 out of 1521 companies in the Chemicals industry, placing it in the top 38.1%.
Is Mitsubishi Gas Chemical Co's 3-Year ROIIC % too high?
Mitsubishi Gas Chemical Co's current 3-Year ROIIC % of 6.14 is 52% above median its 10-year median of 4.04. Based on the distribution chart, Mitsubishi Gas Chemical Co ranks #580 out of 1521 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mitsubishi Gas Chemical Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Gas Chemical Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mitsubishi Gas Chemical Co ranks #580 out of 1521 companies for 3-Year ROIIC %. This puts Mitsubishi Gas Chemical 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 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 Mitsubishi Gas Chemical Co and its competitors. Mitsubishi Gas Chemical Co's current 3-Year ROIIC % is 6.14, which is 52% above median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Gas Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Gas Chemical Co (FRA:MUG) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.28, compared to a current price of €25.20 — trading 76.5% above its estimated fair value. The current 3-Year ROIIC % is 6.14, which is 52% above median its 10-year median of 4.04. Mitsubishi Gas Chemical Co's overall GF Score™ is 71/100 with 7 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 Mitsubishi Gas Chemical Co (FRA:MUG), the current 3-Year ROIIC % is 6.14 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 Mitsubishi Gas Chemical Co (FRA:MUG) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Gas Chemical Co stock appears to be overvalued.
The current stock price of €25.20 is trading 76.5% above its estimated GF Value™ of €14.28.
GuruFocus considers Mitsubishi Gas Chemical Co to be Significantly Overvalued.
Key valuation signals for FRA:MUG:
3-Year ROIIC %: 6.14 (52% above median its 10-year median of 4.04)
GF Value™: €14.28 vs. price of €25.20 (76.5% above fair value)
No single metric tells the full story. See the FRA:MUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Gas Chemical Co Inc is engaged in the manufacture and sale of chemical products. The company operates through two main divisions: the Green Energy & Chemicals Division, which produces methanol, ammonia-based chemicals, life science products, aromatic chemicals, foam plastics, and electricity; and the Functional Chemicals Division, which manufactures inorganic chemicals, plastic lens monomers, engineering plastics, electronic materials, and oxygen absorbers. It generates the majority of its revenue from the Functional Chemicals Division.
71GF Score
Get the complete analysis for FRA:MUG
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MUG has been successfully added to your 
