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Tokai Electronics CoNGO:8071 -0.34%58 3-Year ROIIC % is 7.53 as of Mar. 2026, which is 2589% above its 10-year median of 0.28. GuruFocus rates NGO:8071 with a GF Score™ of 58/100 and a GF Value™ of 円1,809.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,374 Hardware companies, Tokai Electronics Co ranks better than 58% 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.
Tokai Electronics Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tokai Electronics Co's 3-Year ROIIC % or its related term are showing as below:
NGO:8071's 3-Year ROIIC % is ranked better than 58% of 2374
companies
in the Hardware industry
Industry Median: 2.335
vs NGO:8071: 7.53
Tokai Electronics Co (NGO:8071) 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.
Tokai Electronics Co 3-Year ROIIC % Related Terms
Tokai Electronics Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tokai Electronics 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.
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tokai Electronics 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.
Tokai Electronics Co (NGO:8071) has a 3-Year ROIIC % of 7.53 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 Tokai Electronics Co and its competitors. This is 2589% above median its historical median of 0.28. According to the industry distribution chart, Tokai Electronics Co ranks #997 out of 2374 companies in the Hardware industry, placing it in the top 42%.
Is Tokai Electronics Co's 3-Year ROIIC % too high?
Tokai Electronics Co's current 3-Year ROIIC % of 7.53 is 2589% above median its 10-year median of 0.28. The Hardware industry median 3-Year ROIIC % is 2.34. Tokai Electronics Co's value of 7.53 is 222.5% above this industry median. Based on the distribution chart, Tokai Electronics Co ranks #997 out of 2374 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #997 out of 2374 companies for 3-Year ROIIC %. This puts Tokai Electronics Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.34. Tokai Electronics Co's value of 7.53 is 222.5% above this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 2.34, Tokai Electronics 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,374 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. Tokai Electronics Co's current 3-Year ROIIC % of 7.53 is 222.5% 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 Tokai Electronics Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Electronics Co's current 3-Year ROIIC % is 7.53, which is 2589% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,809.68, compared to a current price of 円2,910.00 — trading 60.8% above its estimated fair value. The current 3-Year ROIIC % is 7.53, which is 2589% above median its 10-year median of 0.28 and 222.5% above the Hardware industry median of 2.34. Tokai Electronics Co's overall GF Score™ is 58/100 with 7 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 Tokai Electronics Co (NGO:8071), the current 3-Year ROIIC % is 7.53 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,910.00 is trading 60.8% above its estimated GF Value™ of 円1,809.68.
GuruFocus considers Tokai Electronics Co to be Significantly Overvalued.
Key valuation signals for NGO:8071:
3-Year ROIIC %: 7.53 (2589% above median its 10-year median of 0.28)
GF Value™: 円1,809.68 vs. price of 円2,910.00 (60.8% above fair value)
Industry Position: 222.5% above the Hardware median (#997 of 2374)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
58GF Score
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