JAPSY (Japan Airlines Co) 3-Year ROIIC % : 24.92% (As of Mar. 2026)


JAPSY Japan Airlines Co Ltd JAPSY
78 GF Score
Price $9.24
GF Value $9.95
Valuation Fairly Valued
! 5 Warning Signs
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What is Japan Airlines Co 3-Year ROIIC %?

Japan Airlines Co JAPSY -2.01% 78 3-Year ROIIC % is 24.92 as of Mar. 2026. GuruFocus rates JAPSY with a GF Score™ of 78/100 and a GF Value™ of $9.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 937 Transportation companies, Japan Airlines Co ranks better than 81.54% 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. Japan Airlines Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 24.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JAPSY's 3-Year ROIIC % is ranked better than
81.54% of 937 companies
in the Transportation industry
Industry Median: 1.97 vs JAPSY: 24.92

Japan Airlines Co  (OTCPK:JAPSY) 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.


Japan Airlines Co 3-Year ROIIC % Related Terms


Japan Airlines Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Japan Airlines 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.

Japan Airlines Co 3-Year ROIIC % Chart

Japan Airlines 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 -212.41 -3.12 131.23 82.15 24.92

Japan Airlines 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 82.15 0.00 0.00 0.00 24.92

JAPSY vs DAL, UAL, LUV: 3-Year ROIIC % Comparison

For the Airlines subindustry, Japan Airlines 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.


Japan Airlines Co 3-Year ROIIC % vs Transportation Industry

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

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


JAPSY
78GF Score
Japan Airlines Co Ltd JAPSY
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Airlines Co 3-Year ROIIC % Calculation

Japan Airlines 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**
=( 910.767112 (Mar. 2026) - 314.4840062 (Mar. 2023) )/( 16005.355 (Mar. 2026) - 15924.379 (Mar. 2023) )
=596.2831058/80.976000000002
=736.37%***

* 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 24.92 mean?
Japan Airlines Co (JAPSY) has a 3-Year ROIIC % of 24.92 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 Japan Airlines Co and its competitors. According to the industry distribution chart, Japan Airlines Co ranks #173 out of 937 companies in the Transportation industry, placing it in the top 18.5%.
Is Japan Airlines Co's 3-Year ROIIC % too high?
Japan Airlines Co's current 3-Year ROIIC % is 24.92. The Transportation industry median 3-Year ROIIC % is 1.97. Japan Airlines Co's value of 24.92 is 1165% above this industry median. Based on the distribution chart, Japan Airlines Co ranks #173 out of 937 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Airlines Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Airlines Co's 3-Year ROIIC % compare to DAL and UAL?
According to the Transportation industry distribution chart, Japan Airlines Co ranks #173 out of 937 companies for 3-Year ROIIC %. This places Japan Airlines Co in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.97. Japan Airlines Co's value of 24.92 is 1165% above this benchmark. 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.97, based on 937 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. Japan Airlines Co's current 3-Year ROIIC % of 24.92 is 1165% 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 Japan Airlines Co and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Airlines Co's current 3-Year ROIIC % is 24.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airlines Co (JAPSY) is currently considered Fairly Valued. The stock's GF Value™ is $9.95, compared to a current price of $9.24 — trading 7.1% below its estimated fair value. The current 3-Year ROIIC % is 24.92 and 1165% above the Transportation industry median of 1.97. Japan Airlines Co's overall GF Score™ is 78/100 with 5 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 Japan Airlines Co (JAPSY), the current 3-Year ROIIC % is 24.92 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 Japan Airlines Co (JAPSY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Airlines Co stock appears to be undervalued. The current stock price of $9.24 is trading 7.1% below its estimated GF Value™ of $9.95. GuruFocus considers Japan Airlines Co to be Fairly Valued.

Key valuation signals for JAPSY:

  • 3-Year ROIIC %: 24.92
  • GF Value™: $9.95 vs. price of $9.24 (7.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 1165% above the Transportation median (#173 of 937)

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


Japan Airlines Co Business Description

Address 2-4-11 Higashi-Shinagawa, Nomura Real Estate Building, Shinagawa-ku, Tokyo, JPN, 140-8605
Japan Airlines Co Ltd is an international air transport services company. It offers scheduled and non-scheduled air transport services and aerial work services. The company operates large aircraft, medium-sized aircraft, small aircraft, and regional jets. The company is also engaged in the travel planning and sales business, which covers travel planning and sales, baggage delivery, system development and operation, ticketing systems for the travel industry, and credit card services related to air travel.
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.

$9.24
Price
$9.95
GF Value