HNWAF (Hanwa Co) 3-Year ROIIC % : -7.27% (As of Mar. 2026)

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HNWAF Hanwa Co Ltd HNWAF
55 GF Score
Price $10.79
GF Value $7.60
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Hanwa Co 3-Year ROIIC %?

Hanwa Co HNWAF -1.55% 55 3-Year ROIIC % is -7.27 as of Mar. 2026. GuruFocus rates HNWAF with a GF Score™ of 55/100 and a GF Value™ of $7.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 531 Conglomerates companies, Hanwa Co ranks worse than 72.13% 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. Hanwa Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -7.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HNWAF's 3-Year ROIIC % is ranked worse than
72.13% of 531 companies
in the Conglomerates industry
Industry Median: 1.6 vs HNWAF: -7.27

Hanwa Co  (OTCPK:HNWAF) 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.


Hanwa Co 3-Year ROIIC % Related Terms


Hanwa Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Hanwa 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.

Hanwa Co 3-Year ROIIC % Chart

Hanwa 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 3.60 6.74 7.02 0.11 -7.27

Hanwa 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 0.11 0.00 0.00 0.00 -7.27

HNWAF vs HON, MMM: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, Hanwa 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.


Hanwa Co 3-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwa Co's 3-Year ROIIC % distribution charts can be found below:

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


HNWAF
55GF Score
Hanwa Co Ltd HNWAF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanwa Co 3-Year ROIIC % Calculation

Hanwa 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**
=( 261.0191709 (Mar. 2026) - 332.9897515 (Mar. 2023) )/( 5182.915 (Mar. 2026) - 5834.879 (Mar. 2023) )
=-71.9705806/-651.964
=11.04%***

* 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 -7.27 mean?
Hanwa Co (HNWAF) has a 3-Year ROIIC % of -7.27 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 Hanwa Co and its competitors. According to the industry distribution chart, Hanwa Co ranks #383 out of 531 companies in the Conglomerates industry, placing it in the top 72.1%.
Is Hanwa Co's 3-Year ROIIC % too high?
Hanwa Co's current 3-Year ROIIC % is -7.27. Based on the distribution chart, Hanwa Co ranks #383 out of 531 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hanwa Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's 3-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hanwa Co ranks #383 out of 531 companies for 3-Year ROIIC %. This places Hanwa Co in the lower half of its industry. The industry median 3-Year ROIIC % is 1.60. 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.60, based on 531 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 Hanwa Co and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanwa Co's current 3-Year ROIIC % is -7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.60, compared to a current price of $10.79 — trading 42% above its estimated fair value. The current 3-Year ROIIC % is -7.27. Hanwa Co's overall GF Score™ is 55/100 with 3 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 Hanwa Co (HNWAF), the current 3-Year ROIIC % is -7.27 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 Hanwa Co (HNWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued. The current stock price of $10.79 is trading 42% above its estimated GF Value™ of $7.60. GuruFocus considers Hanwa Co to be Significantly Overvalued.

Key valuation signals for HNWAF:

  • 3-Year ROIIC %: -7.27
  • GF Value™: $7.60 vs. price of $10.79 (42% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Hanwa Co Business Description

Other Exchanges 8078:JapanHW4:Germany
Address 1-13-1, Tsukiji, Chuo-ku, Ginza Shochiku Square Building, Tokyo, JPN, 104-8429
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
55GF Score

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

$10.79
Price
$7.60
GF Value