JFE HoldingsJFEEF 68 3-Year ROIIC % is -23.63 as of Mar. 2026. GuruFocus rates JFEEF with a GF Score™ of 68/100 and a GF Value™ of $11.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 606 Steel companies, JFE Holdings ranks worse than 76.24% 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.
JFE Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -23.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for JFE Holdings's 3-Year ROIIC % or its related term are showing as below:
JFEEF's 3-Year ROIIC % is ranked worse than 76.24% of 606
companies
in the Steel industry
Industry Median: -0.22
vs JFEEF: -23.63
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.
JFE Holdings 3-Year ROIIC % Related Terms
JFE Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for JFE Holdings'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.
For the Steel subindustry, JFE Holdings'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.
JFE Holdings 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, JFE Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where JFE Holdings'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.
JFE Holdings (JFEEF) has a 3-Year ROIIC % of -23.63 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 JFE Holdings and its competitors. According to the industry distribution chart, JFE Holdings ranks #462 out of 606 companies in the Steel industry, placing it in the top 76.2%.
Is JFE Holdings' 3-Year ROIIC % too high?
JFE Holdings' current 3-Year ROIIC % is -23.63. Based on the distribution chart, JFE Holdings ranks #462 out of 606 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, JFE Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JFE Holdings' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, JFE Holdings ranks #462 out of 606 companies for 3-Year ROIIC %. This places JFE Holdings 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 Steel company?
A good 3-Year ROIIC % depends on the Steel 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 JFE Holdings and its competitors. JFE Holdings's current 3-Year ROIIC % is -23.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JFE Holdings stock overvalued right now?
Based on GuruFocus' analysis, JFE Holdings (JFEEF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.03, compared to a current price of $9.90 — trading 10.2% below its estimated fair value. The current 3-Year ROIIC % is -23.63. JFE Holdings' overall GF Score™ is 68/100 with 6 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 JFE Holdings (JFEEF), the current 3-Year ROIIC % is -23.63 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 JFE Holdings (JFEEF) Overvalued in 2026?
Based on GuruFocus' analysis, JFE Holdings stock appears to be undervalued.
The current stock price of $9.90 is trading 10.2% below its estimated GF Value™ of $11.03.
GuruFocus considers JFE Holdings to be Modestly Undervalued.
Key valuation signals for JFEEF:
3-Year ROIIC %: -23.63
GF Value™: $11.03 vs. price of $9.90 (10.2% below fair value)
No single metric tells the full story. See the JFEEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JFE Holdings Inc is a Japan-based company engaged in the manufacture and sale of steel and related products. The company operates its business through three segments. The Engineering segment covers energy, urban environment, steel structure, and industrial machinery projects, along with recycling and electricity retail businesses. The Iron and Steel segment manufactures and sells steel products, processed steel products, raw materials, and engages in related services such as transportation, equipment maintenance, and construction. The Trading Company segment handles steel products, steelmaking raw materials, non-ferrous metals, foodstuffs, and other trading activities. It generates the majority of its revenue from the Iron and steel segment.
68GF Score
Get the complete analysis for JFEEF
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
JFEEF has been successfully added to your 
