KELRF (Keisei Electric Railway Co) 3-Year ROIIC % : 7.87% (As of Mar. 2026) — 352% Above Median


KELRF Keisei Electric Railway Co Ltd KELRF
73 GF Score
Price $6.27
GF Value $12.19
Valuation Possible Value Trap
! 4 Warning Signs
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What is Keisei Electric Railway Co 3-Year ROIIC %?

Keisei Electric Railway Co KELRF 73 3-Year ROIIC % is 7.87 as of Mar. 2026, which is 352% above its 10-year median of 1.74. GuruFocus rates KELRF with a GF Score™ of 73/100 and a GF Value™ of $12.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 939 Transportation companies, Keisei Electric Railway Co ranks better than 61.98% 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. Keisei Electric Railway Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KELRF's 3-Year ROIIC % is ranked better than
61.98% of 939 companies
in the Transportation industry
Industry Median: 1.97 vs KELRF: 7.87

Keisei Electric Railway Co  (OTCPK:KELRF) 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.


Keisei Electric Railway Co 3-Year ROIIC % Related Terms


Keisei Electric Railway Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Keisei Electric Railway 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.

Keisei Electric Railway Co 3-Year ROIIC % Chart

Keisei Electric Railway 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 -81.70 -24.61 25.52 15.74 7.87

Keisei Electric Railway 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 15.74 0.00 0.00 0.00 7.87

KELRF vs UNP, CSX, NSC: 3-Year ROIIC % Comparison

For the Railroads subindustry, Keisei Electric Railway 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.


Keisei Electric Railway Co 3-Year ROIIC % vs Transportation Industry

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

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


KELRF
73GF Score
Keisei Electric Railway Co Ltd KELRF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keisei Electric Railway Co 3-Year ROIIC % Calculation

Keisei Electric Railway 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**
=( 182.3121105 (Mar. 2026) - 65.1389385 (Mar. 2023) )/( 8140.257 (Mar. 2026) - 7741.962 (Mar. 2023) )
=117.173172/398.295
=29.42%***

* 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 7.87 mean?
Keisei Electric Railway Co (KELRF) has a 3-Year ROIIC % of 7.87 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 Keisei Electric Railway Co and its competitors. This is 352% above median its historical median of 1.74. According to the industry distribution chart, Keisei Electric Railway Co ranks #357 out of 939 companies in the Transportation industry, placing it in the top 38%.
Is Keisei Electric Railway Co's 3-Year ROIIC % too high?
Keisei Electric Railway Co's current 3-Year ROIIC % of 7.87 is 352% above median its 10-year median of 1.74. The Transportation industry median 3-Year ROIIC % is 1.97. Keisei Electric Railway Co's value of 7.87 is 299.5% above this industry median. Based on the distribution chart, Keisei Electric Railway Co ranks #357 out of 939 companies in the Transportation industry, which is above the industry midpoint. Overall, Keisei Electric Railway Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keisei Electric Railway Co's 3-Year ROIIC % compare to UNP and CSX?
According to the Transportation industry distribution chart, Keisei Electric Railway Co ranks #357 out of 939 companies for 3-Year ROIIC %. This puts Keisei Electric Railway Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.97. Keisei Electric Railway Co's value of 7.87 is 299.5% above this benchmark. While the company's 10-year median is 1.74 vs. the industry median of 1.97, Keisei Electric Railway Co has consistently been above the industry average. 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 939 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. Keisei Electric Railway Co's current 3-Year ROIIC % of 7.87 is 299.5% 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 Keisei Electric Railway 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. Keisei Electric Railway Co's current 3-Year ROIIC % is 7.87, which is 352% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keisei Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Keisei Electric Railway Co (KELRF) is currently considered Possible Value Trap. The stock's GF Value™ is $12.19, compared to a current price of $6.27 — trading 48.6% below its estimated fair value. The current 3-Year ROIIC % is 7.87, which is 352% above median its 10-year median of 1.74 and 299.5% above the Transportation industry median of 1.97. Keisei Electric Railway Co's overall GF Score™ is 73/100 with 4 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 Keisei Electric Railway Co (KELRF), the current 3-Year ROIIC % is 7.87 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 Keisei Electric Railway Co (KELRF) Overvalued in 2026?

Based on GuruFocus' analysis, Keisei Electric Railway Co stock appears to be undervalued. The current stock price of $6.27 is trading 48.6% below its estimated GF Value™ of $12.19. GuruFocus considers Keisei Electric Railway Co to be Possible Value Trap.

Key valuation signals for KELRF:

  • 3-Year ROIIC %: 7.87 (352% above median its 10-year median of 1.74)
  • GF Value™: $12.19 vs. price of $6.27 (48.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 299.5% above the Transportation median (#357 of 939)

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


Keisei Electric Railway Co Business Description

Other Exchanges 9009:JapanKEI:Germany
Address 3-3-1 Yahata, Chiba Prefecture, Ichikawa, JPN, 272-8510
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus, and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels, and leisure sites to car maintenance services.
73GF Score

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

$6.27
Price
$12.19
GF Value