Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Golf Do CoNGO:3032 +1.58%53 3-Year ROIIC % is 5.94 as of Mar. 2026, which is 57% below its 10-year median of 13.81. GuruFocus rates NGO:3032 with a GF Score™ of 53/100 and a GF Value™ of 円212.45 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,060 Retail - Cyclical companies, Golf Do Co ranks better than 51.98% 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.
Golf Do Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Golf Do Co's 3-Year ROIIC % or its related term are showing as below:
NGO:3032's 3-Year ROIIC % is ranked better than 51.98% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 4.54
vs NGO:3032: 5.94
Golf Do Co (NGO:3032) 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.
Golf Do Co 3-Year ROIIC % Related Terms
Golf Do Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Golf Do 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.
NGO:3032 vs CASY, WSM, DKS: 3-Year ROIIC % Comparison
For the Specialty Retail subindustry, Golf Do 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.
Golf Do Co 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Golf Do Co'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.
Golf Do Co (NGO:3032) has a 3-Year ROIIC % of 5.94 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 Golf Do Co and its competitors. This is 57% below median its historical median of 13.81. According to the industry distribution chart, Golf Do Co ranks #509 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 48%.
Is Golf Do Co's 3-Year ROIIC % too high?
Golf Do Co's current 3-Year ROIIC % of 5.94 is 57% below median its 10-year median of 13.81. The Retail - Cyclical industry median 3-Year ROIIC % is 4.54. Golf Do Co's value of 5.94 is 30.8% above this industry median. Based on the distribution chart, Golf Do Co ranks #509 out of 1060 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Golf Do Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's 3-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #509 out of 1060 companies for 3-Year ROIIC %. This puts Golf Do Co in the upper half of its industry. The industry median 3-Year ROIIC % is 4.54. Golf Do Co's value of 5.94 is 30.8% above this benchmark. While the company's 10-year median is 13.81 vs. the industry median of 4.54, Golf Do 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.54, based on 1,060 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. Golf Do Co's current 3-Year ROIIC % of 5.94 is 30.8% 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 Golf Do Co and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golf Do Co's current 3-Year ROIIC % is 5.94, which is 57% below median its own 10-year median of 13.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Significantly Overvalued. The stock's GF Value™ is 円212.45, compared to a current price of 円322.00 — trading 51.6% above its estimated fair value. The current 3-Year ROIIC % is 5.94, which is 57% below median its 10-year median of 13.81 and 30.8% above the Retail - Cyclical industry median of 4.54. Golf Do Co's overall GF Score™ is 53/100 with 8 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 Golf Do Co (NGO:3032), the current 3-Year ROIIC % is 5.94 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 Golf Do Co (NGO:3032) Overvalued in 2026?
Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued.
The current stock price of 円322.00 is trading 51.6% above its estimated GF Value™ of 円212.45.
GuruFocus considers Golf Do Co to be Significantly Overvalued.
Key valuation signals for NGO:3032:
3-Year ROIIC %: 5.94 (57% below median its 10-year median of 13.81)
GF Value™: 円212.45 vs. price of 円322.00 (51.6% above fair value)
Industry Position: 30.8% above the Retail - Cyclical median (#509 of 1060)
No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
53GF Score
Get the complete analysis for NGO:3032
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
NGO:3032 has been successfully added to your 
